Ottawa heading towards Balanced Market
August 4, 2022If you’ve been considering buying a home in the Ottawa area, there’s some good news that could make your purchase easier in coming months. After more than a year of intense competition in what’s been a seller’s market, Ottawa is now on the way towards a balanced market, the Ottawa Real...
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Ottawa’s Resale market Continuing to Normalize
July 6, 2022Rising interest rates continued to have an impact on Ottawa’s resale real estate market in June, with a 29% drop in the number of properties sold compared to June of 2021, the Ottawa Real Estate Board has reported. In good news for buyers, inventory has increased, meaning there is more selection...
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BUYER/SELLER Tips for Ottawa’s Cooling Market
June 15, 2022If you’re planning to buy or sell property soon, you probably already know that the frenzied sellers’ market we’ve seen in Ottawa for more than a year is starting to cool. To combat inflation, the Bank of Canada started raising interest rates in March from the record lows of recent years....
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Ottawa Resale House Prices up 8% in May
June 4, 2022Ottawa’s resale real estate market in May was a little cooler than usual in the wake of rising interest rates, but the Ottawa Real Estate Board says the monthly sales figures and number of new listings offer potential good news for buyers. And average sale prices in May were still up...
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De-Clutter with Help from this Ottawa Website
June 3, 2022If you’re considering selling your home, one of the most important steps I recommend to clients is to start with an intensive de-cluttering and cleaning. That’s before considering other touch-ups or improvements, such as fresh coats of paint in neutral colours or adding contemporary lighting fixtures to replace outdated ones. As a...
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Why Many First-Time Ottawa Buyers Choose Condos
May 24, 2022Early in my career as a Realtor beginning in the 1980s, condo properties were a much smaller part of the Ottawa real estate market. The popularity of condominiums both apartment style and townhome style has certainly grown and now makes up a substantial part of both the new construction and...
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Average Ottawa House Sale Prices up 12 % in April
May 5, 2022The average sale prices for condominium units and residential homes in Ottawa were up by double digits in April, and Ottawa continues to be a seller’s market, with multiple offers still common in some areas, the Ottawa Real Estate Board reports. In April of 2022, the average sale price for a...
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Buying? Selling? Prep Tips for Spring-Summer Market
April 14, 2022Spring has arrived, and as temperatures rise and the flowers bloom, we also start one of the busiest periods of the year for the resale real estate market in Ottawa. If you’re thinking of buying or selling, it’s important to get in touch with me early so we can develop a...
