Posts Tagged ‘Housing’

NEW OTTAWA EXCLUSIVE LISTING PLATFORM

Posted on: April 4th, 2024 by Chris Scott

In Ontario’s real estate market, staying one step ahead is crucial, especially with recent legislative changes making exclusive listings—homes not advertised on the public market—more private than ever. But accessing these hidden gems just got easier for our clients, thanks to our partnership with Knokd.

Exclusive listings offer a unique advantage: they benefit sellers seeking privacy and buyers eager for less competition and early access to unique properties. With Ontario’s new legislation tightening rules around advertising these properties, they’ve become even more elusive. That’s where Knokd comes in.

Knokd is our secret weapon. This program allows us to share with you listings that are coming soon or are exclusively available, ensuring you’re first in line for properties that perfectly match your criteria—properties you won’t find on MLS or online platforms.

With our expertise and exclusive access through Knokd, we’re not just finding you a home; we’re uncovering opportunities that others don’t even know exist. Ready to step ahead in Ontario’s competitive real estate market? Get in contact today!

SUBURBAN STATISTICS UPDATE MARCH 2024

Posted on: April 1st, 2024 by Chris Scott

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, 2023, to March 31, 2023, compared to the same period from January 1, 2024, to March 31, 2024.

 

 

OTTAWA MARKET UPDATE: FEBRUARY 2024

Posted on: March 8th, 2024 by Chris Scott

As the temperatures rise, so does the activity in the Ottawa real estate market. Buyers are emerging again, actively making offers on properties that are well priced and present well. While some sellers are hanging on to 2022 inflated prices they tend to remain sitting on the market.

The Bank of Canada’s target inflation rate stands between 1-3%, with our current standing at 2.9%. Although we’re within the target range, we’re not at the lower end, which is why we did not see an interest rate adjustment this past week. If we get that closer to 2% we might see some rate relief by June. Despite this, buyers are already factoring in possible changes and maintaining consumer confidence amidst a market of low inventory. This begs the question: will we maintain a balanced market, lean toward a seller’s market again, or shift to a buyer’s market.

Dive deeper with Chris’s predictions below. And, as always, if you’re curious about the latest trends in your neighbourhood, our team would love to provide a personalized assessment of what your home could fetch in today’s market

 

 

 

 

 

 

 

 

SUBURBAN STATISTICS UPDATE FEBRUARY 2024

Posted on: March 6th, 2024 by Chris Scott

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, 2023, to February 28, 2023, compared to the same period from January 1, 2024, to February 29, 2024.

 

 

Predictions for Spring Market

Posted on: February 22nd, 2024 by Chris Scott

Spring is approaching, and the real estate market, after a unique start in 2024 with hesitant buyers and sellers, is showing signs of optimism. Check out why we expect a pickup in activity as confidence grows, anticipating a dynamic and bustling season ahead. If you have questions about what’s happening in your neighbourhood, please don’t hesitate to get in touch. My team and I would love to have a chat with you.

 

 

 

 

 

 

 

Client Contest 2024

Posted on: February 5th, 2024 by Chris Scott

Welcome to our Client Contest! This contest is designed to reward our valued clients who help us grow by referring new clients to our services. Participation in this contest is subject to the terms and conditions outlined below.
1. Eligibility
The contest is open to all existing clients and supporters except for family members of employees of our team.
Participants must be 18 years of age or older.
2. How to Enter
Participants enter the contest by referring new clients to our company who enter into an agency relationship with our firm. The clients must reference your name to get a ballot for the draw.
There is no limit to the number of referrals a participant can make.
Buying or Selling a home with our team between February 1st and December 1st 2024 would also qualify for 1 ballot for each transaction. Contract date must be within the specified time period.
3. Determining Winners
The winner(s) will be determined via a draw early December
4. Prizes
The grand prize is a $5000 travel voucher. We will work with the winning participant to finalize based on their travel preferences. For example, we can put towards Air Canada gift card or specific hotels or travel companies. We want to make it work for you!
5. Privacy
Personal information collected from participants will be used only for the purpose of administering the contest and not for marketing purposes unless consent is given.
6. Dispute Resolution
Any disputes arising out of this contest will be resolved by the company’s management, whose decisions are final and binding.

Refer a friend here!

SUBURBAN STATISTICS UPDATE JANUARY 2024

Posted on: February 5th, 2024 by Chris Scott

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, 2023, to January 31, 2023, compared to the same period from January 1, 2024, to January 31, 2024.

 

 

SUBURBAN STATISTICS UPDATE DECEMBER 2023

Posted on: January 3rd, 2024 by Chris Scott

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 December 31, 2022, compared to the same period from January 1, 2023, to December 31, 2023.

 

 

OTTAWA MARKET UPDATE: NOVEMBER 2023

Posted on: December 12th, 2023 by Chris Scott

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. If you have questions about what’s happening in your neighbourhood, please don’t hesitate to get in touch. My team and I would love to have a chat with you.

 

 

 

 

 

 

SUBURBAN STATISTICS UPDATE NOVEMBER 2023

Posted on: December 1st, 2023 by Chris Scott

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 period from January 1, 2023, to November 30, 2023.