Avoid These Buyer Turn-offs
May 26, 2023With more than 30 years of experience taking homebuyers through Ottawa properties, I know immediately when I spot something that will make buyers cringe. These are the negative things that can make them scratch a property from their list or decline to visit in the first place. In many cases, these issues...
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Tips on Selling a Cottage
May 17, 2023I sometimes hear from long-time clients who have decided to sell the family cottage or year-round second vacation home. They often ask if there are different issues to think about when preparing a cottage or rural property for sale than when selling your city house or condo. There are similarities and differences...
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Buying a resale house or Condo? What to Know about Ottawa’s Spring Market
May 8, 2023Planning to purchase a house or condo unit in Ottawa in coming months? Congratulations! Here are a few things to know about what to expect, based on the sales numbers for April from the Ottawa Real Estate Board: Prices are Lower than a Year Ago, but Starting to Rise After the Bank...
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APRIL MARKET REPORT
May 5, 2023Ottawa Resale Market Favoring Sellers Again After a few months of balanced conditions, Ottawa’s resale real estate market is favoring sellers again because of lower than usual inventory on the market. There is other good news for sellers in the Ottawa Real Estate Board’s report on sales in Ottawa for April. Multiple-offer situations...
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MARCH MARKET REPORT
April 6, 2023Ottawa’s resale residential real estate market in March continued to see the impact of higher interest rates, with fewer total sales than a year ago and lower average sale prices, the Ottawa Real Estate Board has reported. But on a positive note we begin the busy spring market, with average sale...
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Preparing to Sell in Ottawa’s Spring Resale Market
March 19, 2023As winter comes to an end, the days are getting longer and the weather warmer, and with spring finally here, we begin what in Ottawa (and other cities) is the busiest time of year for selling and buying resale homes and condo units. If you’re planning to sell, I’d be happy...
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Ottawa Market Update: February
March 6, 2023Ottawa’s resale residential market in February continued to see the impact of higher interest rates, but there’s also good news for sellers and buyers. Compared to a year ago, when inventory was low and the sellers’ market was at its peak, average sale prices in February were down. The total number...
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A New Tax-Free Savings Account for First-Time Home Buyers
February 11, 2023If you’re planning to buy a first home and you’re saving for a down payment, there’s a new tax-free registered savings account worth knowing about, designed to help Canadians reach that goal a little sooner. Scheduled to start April 1, the federal government’s new program is known as the Tax-Free First...
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MARKET UPDATE: SUPPLY IS UP DRAMATICALLY
February 6, 2023The official numbers for Ottawa’s resale housing market in January are in from the Ottawa Real Estate Board, and we’re continuing to see good news for buyers. If you’re planning to buy a house or condo unit, you’ll be happy to hear that Ottawa’s resale housing market in January remained balanced,...
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What to Know about Ottawa’s Vacant Unit Tax
January 25, 2023If you own a residential property in Ottawa, you’ve likely heard about the city’s new Residential Vacant Unit Tax (VUT). The city sent letters in November to property owners to inform them of the new tax and explain how to declare the occupancy status of their properties by the deadline of...
