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...
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Average House Sale Prices in Ottawa up 35%
May 5, 2021Ottawa’s robust residential real estate market in April saw the number of transactions up more than 30% above average for the month, the Ottawa Real Estate Board reports. With inventory continuing to be lower than usual, the market also saw continued increases in average sale prices for residential units and condos. The...
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Ottawa’s Master Gardeners
April 25, 2021Gardening Questions? Get free advice from Ottawa’s Master Gardeners You purchased a home that included a beautiful perennial garden, but this year the flowers aren’t looking as plentiful or as healthy as they once did. What can you do to perk them up? Or you’re selling your home in a few months,...
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Ottawa resale house prices rise 35% in March
April 8, 2021Unusually warm temperatures, a surge in new listings and pent-up buyer demand helped make March of 2021 a hot month for Ottawa’s resale real estate market. The number of transactions was well above the five-year average for the month, multiple offers were common, and almost 80% of properties sold for more...
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Hiring a Realtor vs. Selling on Your Own?
March 11, 2021Considering selling on your own? Here are some facts regarding hiring a Realtor (professional negotiator) in a fast-moving market: If you are considering selling a property in Ottawa, the news regarding the resale market is certainly exciting. Ottawa has not seen price increases like this for years! Properties are selling faster...
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Ottawa Resale Properties “Virtually Flying off Shelves”
March 4, 2021Ottawa’s resale real estate market in February saw continuing low inventory, quick sales and rising average prices because of competition for the limited properties on the market, the Ottawa Real Estate Board reports. The numbers continued the trend we’ve seen in our market for many months. In a nutshell, it’s a great...
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6 Tips for Buying Property in Ottawa’s Hot Sellers’ Market
February 12, 2021If you’re thinking of buying real estate these days, whether its’ a home or condo, you’ve probably heard that our city’s resale market is a “Seller’s Market”. This is due to a lower than usual number of properties on the market coupled with low interest rates. In January of 2021, the...
