Ottawa Resale Home & Condo Prices Up 9 % Year-to-Date
December 5, 2019Ottawa’s resale housing market saw a busier than usual November, with the number of sales above average for the month and properties selling quickly, partly because of continuing low inventory, the Ottawa Real Estate Board reports. In its news release on Ottawa’s market in November of 2019, the Board says its members sold 1,288 residential...
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Tips on Reducing Winter Heating Bills
November 18, 2019With winter heading our way, the days are getting colder, darkness arrives earlier, and our hydro bills can increase over the season as we keep our homes warm and comfortable. According to Hydro Ottawa, heating our homes accounts for up to 60 per cent of the typical family’s energy use. So it makes sense to...
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TWO GOVERNMENT INCENTIVES FOR FIRST-TIME HOME BUYERS
November 14, 2019With the recent re-election of the Liberal Government, it will be interesting to see if there are any changes to two programs designed to assist first-time buyers with the cost of purchasing their first home. Some financial experts have questioned whether the programs achieve the goal of helping young first-time buyers to get into the...
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Ottawa Resale Market Sees Hottest October in 15 years
November 5, 2019Fall is sometimes the season when home sales start to slow down a little from the busy spring-summer market, but Ottawa’s hot resale housing market has just seen its busiest October in 15 years, with the number of properties sold up more than 15% over October of 2018. Average resale prices were...
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Electric Vehicles: A Q&A for Property Buyers
November 4, 2019It’s not a subject that comes up every day when I’m helping a client buy a house or condominium unit in Ottawa, but with the increased concern for the environment, I’m expecting to meet more and more buyers who have purchased an electric vehicle or are considering one. These buyers will be looking for...
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How to get to Know a Neighbourhood Where You’re Considering Buying
October 22, 2019With more than 30 years of experience helping clients buy and sell properties across the Ottawa area, I’ve developed a good instinct for helping buyers find a home and a neighbourhood they’ll love, just by listening to them carefully when we first meet. Sometimes I am working with buyer clients who already know the city...
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Ottawa Average Resale Prices Up 8 % in September
October 4, 2019Ottawa’s resale real estate market enjoyed a booming September, even with inventory continuing to be lower than usual. The number of properties sold in September of 2019 reached a 15-year high. Average sale prices were up 8 per cent for residential-class (non-condo) properties and 9 per cent for condominium properties over the average price in September...
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INVESTING IN REAL ESTATE FOR YOUR FUTURE
September 16, 2019If you need a reminder of what a sound investment real estate can be, consider the good news in the Ottawa Real Estate Board’s report on sales for the month of August 2019. Buyers who purchased a house or condo just a year ago have seen an average sale price increase in August up...
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Ottawa Resale Prices up 11.8 % in August
September 5, 2019Ottawa’s resale real estate market enjoyed a hot and busy August, with average resale prices up by more than 11 % for residential homes and condo units. Sales volume was also up 9.5 % over the number of properties sold in August of 2018, the Ottawa Real Estate Board reports in its...
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Tips for Selling Your Home in the Fall
September 2, 2019The summer months are nearing an end, and with it comes an end to the busy spring-summer season for selling homes. But if you’ve been thinking of selling, there are many reasons to consider listing your property in the fall. It’s true that most couples with children will try to purchase a new home in the spring...
