Ottawa House Prices up 17% in February
March 7, 2022The average sale price for a residential property in Ottawa in February was $837,517. up 17% over the same month in 2021, the Ottawa Real Estate Board has announced. The average sale price for a condominium-class property, meanwhile, was $466,682. That’s a 15% increase over the average in February of 2021. In...
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BIDDING WARS! EXPERIENCE COUNTS!
February 28, 2022If you’re planning to purchase a house or condo in Ottawa in the coming months or later in 2022, you’ve probably heard stories about bidding wars in our competitive market. Some properties, especially those in hot neighbourhoods and within particular price ranges, are receiving multiple offers, and buyers have to strategize...
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Ottawa House Prices up 14% in January
February 3, 2022The first month of 2022 in Ottawa was often frigidly cold, and we faced a return of some government-imposed COVID-19 restrictions, but Ottawa’s resale residential real estate market remained hot, with average sale prices up by double digits for houses and condo units. The average sale price for a residential-class property...
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THINKING OF REAL ESTATE IN 2022
February 1, 2022Here are some Tips As we look forward to spring and ahead into 2022 in the Ottawa Real Estate market, I’ve been hearing from clients who are considering buying or selling and are asking for advice about timing and strategy. If you’ve been following the local market, you’ll know that Ottawa has...
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Are you Paying the Right Price in Ottawa’s hot Resale market?
January 28, 2022Your Experienced Realtor Will Help You’re looking to buy a house, and as you click through the Ottawa listings, you’ve noticed more than once that you see two houses in the same neighbourhood that are remarkably similar in space, bedrooms and finishes. Why are the asking prices for the two properties tens...
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Feeling Confident in the Real Estate Market in 2022.
January 12, 2022Buying in a sellers’ market can be a challenge, but it’s manageable if you know what to expect, know what you want and are prepared to act quickly. With more than 30 years of experience helping buyers and sellers in Ottawa, I’ve developed strategies to navigate challenging markets like the current...
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Strong Ottawa Real Estate Market in 2021
January 7, 2022In a record-breaking year, the Ottawa resale housing market, saw an average sale price for mid range housing increase by 24% in 2021. While the average sale price of a condo units was up 16% year over year average from 2020 as reported by, the Ottawa Real Estate Board. The average...
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WORK, LIVE, & HORSEPLAY
December 30, 2021So it’s no secret that I ride horses… just take a look at my Facebook feed, it’s full of horse pictures! For those who know me personally too you know that my horses are my “kids”. You might even catch me wearing the latest in equestrian fashion to the office,...
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Ottawa House, Condo Prices up 19% in November
December 4, 2021Ottawa resale house & condominium prices were both up nearly 20% in November over the average sale prices in November of 2020, the Ottawa Real Estate Board has announced. In its report on sales numbers for November of 2021, the Board says the average sale price for a condominium-class property was...
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How Mortgage Loan Insurance is Calculated
November 19, 2021Mortgage loan insurance protects the lender from default and most Canadian lending institutions are required by law to have it. If the borrower defaults (fails to pay) on the mortgage, the lender is reimbursed by the insurer. The cost for this coverage is in the form of an insurance premium which...
