Multiple offers are always a possibility in some of Ottawa’s most desirable neighbourhoods. With inventory levels at record lows and demand, sky-high multiples are happening across the city and right into suburbia. The hottest segment in the city right now is a suburban townhouse. This was never the case in previous years! Amazing to […]
The Ottawa housing market has been extremely active over the past 6-9 months. It has been quite amazing to observe. New regulations and rising interest rates have some homeowners wondering if we have seen the last of these price gains. Here is a market minute update: Our local economy is strong and consumer confidence […]
After our annual client Santa party I was approached by a past client who asked me why I do all this after sale stuff. The contests, newsletters, cards, client events etc. He said he would refer our team business no matter what, and that I really didn’t need to do all this stuff. It […]
THE YEAR IN REVIEW This year our real estate market took everyone by surprise. At the beginning of the year, most economists were predicting a sluggish market with little or no price gains. The reality is that it was an incredibly strong year for real estate in Ottawa with solid price gains. This was fuelled […]
One trend I can see gaining some traction in Ottawa real estate over the upcoming few years is coach houses. A coach house is a separate dwelling detached from the principal house that sits on the same lot. Personally, I think with the right property and location this could be a viable option for people in […]
The Ottawa real estate market is still pretty hot, especially considering the time of year. Many Ottawa home buyers are looking to purchase before the new mortgage rules are implemented in January. Prices are up again over last year. Our average price for a residential-class property was up 3.2% over last November, sitting at $418,354. […]
Thanks everyone for participating in our client draw. It is lots of fun to put these contests and events on throughout the year. I feel blessed and grateful to have such wonderful clients to work with each year. This is a very small token of my appreciation. Hope the winners enjoy the gifts. I […]
I believe many Ottawa home buyers over the upcoming 5-10 years will be looking for homes with in-law suites. We have an aging population and buyers are looking for new ways to share the large mortgage payments. I just assisted some clients with their rural Stittsville purchase and I thought I would share our experience. […]
We are excited to be hosting our 3rd annual Santa Party! We will have a professional photographer on hand and a very special guest (kids will be excited). A nice alternative to meet Santa without all the long lines at the mall. There will also be presents for the kids, face painting, crafts, and refreshments will be […]
The Ottawa housing market results are in and the numbers for the average sale prices are up again month over month. Our average price for a residential-class property was up 8.6% over last October, sitting at $425,256. The condos are up 6.9% sitting at $269,604. Units sold cooled a little in the condo market last […]
