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Condominium vs Co-operative

Condominium vs Co-operative In the Ottawa housing market, it is more likely to find condominiums than it is to find co-operatives – but you should know the differences between them before you start to look. Condominium ownership The homeowner owns the unit and shares ownership of common elements. Condos are usually apartment buildings, but also […]

Ottawa Market Update for February 2014

I think we are all wondering if Spring will ever come or even more– if Winter will ever end! Members of the Ottawa Real Estate Board sold 870 residential properties in February through the Board’s Multiple Listing Service® system, compared with 903 in February 2013, a decrease of 3.7 per cent. This year over year […]

Controversial Final-Move Policy Up for Review

BY KATHRYN MAY, OTTAWA CITIZEN FEBRUARY 21, 2014 OTTAWA — The final-move policy that caught Lt.-Gen. Andrew Leslie in a political snare will be scrutinized as part of a review of the federal relocation program as the Conservatives prepare to seek bids for a contractor to manage the moves of 20,000 public servants, military and […]

Ottawa Market Update, January 2014

In spite of the very cold weather, residential sales in January were virtually identical to last year. This is good news. One would have thought the bitter cold would keep folks snug in their homes. Members of the Ottawa Real Estate Board sold 589 residential properties in January through the Board’s Multiple Listing Service® system, […]

Transferred to Ottawa

Buying a home at the best of times can be stressful and challenging. Having to do it all in a matter of a few days in an unfamiliar city is what faces our armed forces members. Having the right real estate professional guide you through the process will be imperative to your success. I have […]

Why Do a Home Inspection?

Buying a home is likely the largest investment you will ever make. You want to ensure you have done your due diligence before you sign on the dotted line!  The standard cost of a Home Inspection in Ottawa is between $400.00 and $500.00. This is a small price to pay for peace of mind. In […]

Ottawa Market Update, 2013

Happy 2014 to everyone! While the temperature outside is on the “cool” side, the Ottawa real estate market remains steady and balanced.  Ottawa truly is a great place to call home. Looking at the whole of 2013, the number of homes sold through the Board’s MLS® system was 13,873, compared with 14,326 in 2012, a […]

Falling Condo Demand Slows Ottawa Real Estate Market

Shrinking demand for condominiums in November sapped any momentum in Ottawa’s resale homes market. Condo sales fell 15.5 per cent from the same month a year earlier, pulling down the overall real estate market by 0.7 per cent even as sales of other housing types held steady. The drop came after three months of small […]