Blog

OTTAWA MARKET UPDATE: SEPTEMBER 2021

  The Ottawa Real Estate Market seems to be back to a typical September market. It started off slowly due to the long weekend and back to school, but it picked up again near the end of the month. Last month, 1,607 residential properties were sold, compared with 2,314 in September 2020, a decrease of […]

WATERCOOLER THOUGHTS

  If anyone is interested. Here are some random thoughts on a few things real estate and otherwise. Capital Gains on Primary Residences? This is not going to happen. I have been asked this a few times this past month. Governments want to get elected again and having 100% of homeowners against them will not […]

OTTAWA MARKET UPDATE: AUGUST 2021

This Fall will be an interesting real estate market to monitor in Ottawa. I think it will be very active but prices will continue to stabilize. I am already feeling a shift. Showing activity is down and buyers are not quite as willing to pay a premium price on some listings. They are starting to […]

OTTAWA MARKET UPDATE: JULY 2021

The Ottawa real estate market has continued to stabilize. The record rise in prices seems to be trailing off. This is welcome news for buyers. You can see this in the numbers that were released from the Ottawa Real Estate Board. Last month there were 1,312 residential properties sold, compare that to 2,183 in July […]

OTTAWA MARKET UPDATE: JUNE 2021

  The talk of Ottawa the past few weeks has been the cooling real estate market. I just wanted to add some perspective on this. The market is most certainly changing but the first quarter of this year was so hot that we may never see that type of inventory shortage again in our lifetime. […]

SELLING MY OWN HOME!

Earlier this year my wife and I sold our home. Being a seller myself was a great learning experience. I asked my team to put me through all the systems that any client of ours would experience. I was quite happy with the way things went! Selling with kids that are homeschooling is no easy […]

OTTAWA MARKET UPDATE: MAY 2021

  The market in Ottawa right now seems to be in transition. Homes are still selling at record prices but the upward trend in prices month over month seems to be leveling out. The first quarter of this year saw unprecedented price growth. That type of rapid appreciation can happen only over a shorter period […]

OTTAWA MARKET UPDATE: APRIL 2021

It is hard to believe that Ottawa has had lockdowns in April of last year and this year! This of course is going to have an impact on real estate sales. We are an essential service and I have had very few clients suspend their search due to the lockdown measures. The market is red […]

HOMEOWNERS OFFER TO BUY THEIR HOUSE BACK!

Have you ever sold something and then had sellers remorse? What if that something was your home. It would be a tough spot to be in. Luckily sometimes in life you get a second chance to make it right. I was fortunate enough to meet Pat and Sylvie in 2016 when they relocated to Ottawa. […]

OTTAWA MARKET UPDATE: MARCH 2021

It has been so interesting observing market trends over the past few weeks. There are some homes going way more than what they should be selling for while other ones are not getting offers on their pre-arrange offer date. I think many sellers are starting to list at the higher end of the market but […]