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OTTAWA MARKET UPDATE FOR JANUARY 2019

  January is usually one of the slowest months of the year in real estate and although we had record low temperatures and lots of snowfall… the Ottawa market was hot. In January the residential and condo property classes there were 820 homes sold. That is a large jump to a 15.8% increase in units sold over January 2018. This is […]

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OUR NEW CONCIERGE MOVING SERVICE!

Our team has just invested in a moving concierge program that will be a game changer for our clients. This new platform will assist our clients with everything from changing addresses, transferring home services, updating identification, and getting helpful advice. This can include anything from setting up short term Airbnb accommodations to organizing moving company […]

Ottawa Best Home Staging

WHAT HAPPENS AT A HOME STAGING CONSULTATION

Many of our Ottawa home sellers are nervous about home staging. Many do not understand the process. I thought I would clarify what it looks like with our team. We take a hands on approach and understand that every house has its own unique challenges. Here is an example of a staging consultation where the home was in […]

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WHEN SELLING MY OTTAWA HOME AND BUYING A NEW HOME IN OTTAWA, DO I PAY CMHC?

As an Ottawa realtor, I’m often asked by my clients that are both selling and buying a home, if they will have to pay CMHC again. It is an important real estate question and we want our clients to have all the answers before proceeding. What is CMHC? Canada Mortgage and Housing Corporation is insurance […]

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ANNUAL REAL ESTATE REPORT: OTTAWA 2018

RECAP OF 2018 When I set out last year to undertake this exercise I was optimistic 2018 was going to be a good year. I could not predict just how hot our market was going to be. Early in 2018, there was a significant shortage of housing inventory across the city. This is usual in […]

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OTTAWA MARKET UPDATE FOR NOVEMBER 2018

  The Ottawa real estate market has been so interesting to track over the past 12-18 months. It simply continues to stay heated while other major markets in Canada cool. Here is great insight from our board president Ralph Shaw: “When you look at what’s happening in real estate markets across Canada, Ottawa’s market performance […]

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OTTAWA MARKET UPDATE FOR OCTOBER 2018

  Each year CMHC releases detailed reports on each of Ottawa’s major market centres. Interestingly, Ottawa is the only city to experience continuous growth in both sales and prices since 2015. We are outperforming other markets because of our healthy economy and relative affordability. The unemployment rate is at its lowest rate in a decade. […]

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OTTAWA MARKET UPDATE FOR SEPTEMBER 2018

  The average sale price for homes in Ottawa continues to rise over last year’s numbers. In September we saw a 7.9% increase in the residential class property and in the condo property class we saw an increase of 7.6% over September 2017. These are very impressive numbers. Even with a continued low inventory in Ottawa, the number of […]

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OTTAWA MARKET UPDATE FOR AUGUST 2018

  The Ottawa summer real estate market was busier than normal. No surprise to see strong August numbers coming through from the Ottawa real estate board. I think this trend will continue in the fall months ahead.  The city continues to have low inventory which has put an upward pressure on prices. Even with the […]

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CANNABIS LEGALIZATION AND ITS IMPACT ON INVESTMENT PROPERTIES

  As an owner of Ottawa investment properties, the upcoming legalization of marijuana is another element that needs to be considered when finding tenants. When this law is passed it would grant the right for individuals to grow up to four plants in their home. I certainly don’t want them growing those plants in my […]