Thinking of a Condo? Pros & Cons to Consider
September 16, 2021As a Realtor in the Ottawa area since the mid-1980s, one of the biggest changes I’ve witnessed is the growth in popularity of condominium ownership. In the early years of my career, condo ownership was rare. Today, it seems, there is a new condo project on almost every corner, from high-rise...
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Ottawa Resale House Prices up 14%
September 3, 2021The average sale price of an Ottawa resale house in August 2021 was up 14% over what it was in August of 2020, the Ottawa Real Estate Board has reported. The average sale price of a condominium unit, meanwhile, was up 6% in August over a year ago. Members of the Ottawa...
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Purchasing a Cottage? Check Internet Availability
August 27, 2021Thinking of purchasing a summer cottage or a waterfront property you plan to use as a year-round second home? Before looking for a place in a favorite region, remember that the high-speed internet connection we take for granted in Ottawa is not available everywhere. Internet service is better in some rural...
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RRSP Home Buyer’s Plan & what is it?
August 20, 2021The RRSP Home Buyer's Plan is a federally instituted government program that allows you to withdraw up to $35,000 from your RRSP to buy or build a qualifying home. To participate in the HBP, you must meet both the HBP eligibility conditions and RRSP withdrawal conditions. Do I meet the HBP...
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Buying New-Construction?
August 6, 2021Be Sure you Understand Ontario’s New Home Warranty Are you considering purchasing a new home or condo unit that’s still under construction? In addition to working with buyers and sellers of resale homes in Ottawa for more than 30 years, I’ve assisted many clients with new-construction properties, when buyers make their decisions...
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Ottawa Resale House & Condo Prices up 17% in July
August 6, 2021The average sale prices of houses and condo units in Ottawa’s resale market in July of 2021 were both up 17% over the same month last year, the Ottawa Real Estate Board says. In other highlights of its report on sales for the month, the Board says the Ottawa market has...
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GOOD NEWS FOR HOME BUYERS
July 7, 2021Ottawa Market Starts To Normalize There is good news for buyers and for sellers in the numbers from Ottawa’s resale residential real estate market in June of 2021. Average sale prices were up, but multiple offers and bidding frenzies were less common and there are signs the market is beginning to normalize...
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MAY 2021 – Ottawa Real Estate Update
June 4, 2021Ottawa Resale House Prices up 35% in May The Ottawa resale real estate market in May continued to thrive, with sales far above May of 2020 and average sale prices up 35% for residential-class properties, despite the provincial lockdown. In May of 2021, members of the Ottawa Real Estate Board sold 2,296...
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$5,000 In Grants – Home Energy Improvements
May 31, 2021New program offers up to $5,000 in grants for home energy improvements If you own a home and have been considering improving your insulation, buying better doors or windows or making other changes to reduce your energy bills, you could receive up to $5,000 in assistance from a new federal program...
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MORTGAGE RULES CHANGING JUNE 1st
May 28, 2021As an experienced Realtor, I continue to advise both my Buyers and Sellers of the changes that might affect their purchasing power or perhaps the amount that they might receive in an offer when selling. As most people know, the recent increase in prices here in the Ottawa market is primarily...
