It has been an interesting 2023, to say the least! As interest rates go up, prices have been coming down. Sellers need to adjust their expectations while buyers finally have a chance to negotiate deals. New legislation that allows open bidding will definitely add an interesting twist to the market as we head into 2024. […]
Here’s the newest Suburban Statistics Series update. We’re highlighting stats for the five biggest urban neighbourhoods in Ottawa. Since Ottawa is pretty spread out, it’s interesting to see how things vary in each area. These stats are all based on MLS OREB sales from January 1, 2022, to November 30, 2022, compared to the same […]
In the dynamic world of real estate, the sale of 38 Metropole Private #3201 stands out as a testament to the impact of strategic staging. Every single room underwent a full transformation, turning vacant spaces into luxurious, lived-in environments. Each room was carefully staged with thoughtfully chosen furniture, art, place settings and more, creating an […]
Exceptional people, properties, and stories from the past year in real estate. Myths and common misunderstandings with this type of transaction In recent years, the luxury real estate market in Ottawa has experienced a significant surge. What I find intriguing is the common perception shaped by television shows, where luxury agents are often portrayed as […]
Examining the Ottawa real estate market over the past month reveals a unique balance. With the lowest new listing supply of any year in the last five years, demand remains subdued due to factors like high interest rates and consumer uncertainty. Essentially we have low supply and low demand. This has turned 2023 into a […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
Over the past month, we’ve witnessed a shift in the real estate market. Remarkably, after years of being in a seller’s market, we’re now in a balanced one, marked by a three-month inventory supply. Sellers are experiencing longer selling times. I recently met with a group of prominent real estate agents, and there was unanimous […]
Here is the most recent installment of our new monthly value-added feature, the Suburban Statistics Series. This series showcases statistics for the 5 largest urban neighbourhoods in Ottawa. As Ottawa is such a spread-out city it’s great to see the variances from area to area. All of these statistics are based on MLS OREB sales […]
I think the word I would use to describe our real estate market is fluid. We are constantly changing as there is so much external pressure with interest rates and negative news coverage on house prices and the possibility of a bubble. Affordability is also a major factor for home buyers right now. The first-time […]
This year, Colin, made us proud by participating in the Army Run, where he excelled in both the 5K and 10K races. Notably, he achieved personal best times in both events and ranked 58th out of 715 participants in the Sergeant Majors Challenge. Colin’s dedication extended beyond the race, as he also raised significant funds […]
