Posts Tagged ‘Review’

OTTAWA MARKET UPDATE: July 2024

Posted on: July 10th, 2024 by Chris Scott

Join Colin for a quick update on the latest happenings in Ottawa and beyond. With national unemployment rates and recent changes in the Bank of Canada’s lending rate, the real estate market is experiencing some interesting shifts. Buyers are finding more options, while sellers need to focus on making their properties stand out. For more detailed insights and advice, check out our latest update.

 

 

 

 

 

 

 

SUBURBAN STATISTICS UPDATE JUNE 2024

Posted on: July 2nd, 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 June 30, 2023, compared to the same period from January 1, 2024, to June 30, 2024.

 

 

OTTAWA MARKET UPDATE

Posted on: June 26th, 2024 by Chris Scott

Join Colin for our latest market update as he reviews the first half of the year and looks ahead to what’s coming. Thanks for your continued support, and enjoy your summer!

 

 

 

 

 

 

 

OTTAWA MARKET UPDATE: JUNE 2024

Posted on: June 14th, 2024 by Chris Scott

This month, Chris shares insights on the Ottawa real estate market, noting stable sales numbers compared to last year, an increase in new listings, and varied pricing strategies among sellers. Some homes are selling quickly in competitive situations, while others face price reductions. Check out our latest market update for more!

 

 

 

 

 

 

 

SUBURBAN STATISTICS UPDATE MAY 2024

Posted on: June 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, 2023, to May 31, 2023, compared to the same period from January 1, 2024, to May 31, 2024.

 

 

OTTAWA MARKET UPDATE: MAY 2024

Posted on: May 30th, 2024 by Chris Scott

In this month’s update, Chris shares intriguing conversations with buyers, sellers, and agents, offering diverse perspectives on the current market. Whether you’re a mid-range buyer or a luxury seller, we discuss how the market trends are impacting you. Stay informed and gain valuable insights by watching our May market update video.

 

 

 

 

 

 

 

OTTAWA MARKET UPDATE: APRIL 2024

Posted on: May 14th, 2024 by Chris Scott

Welcome to our latest market update with Chris Scott! As we navigate the vibrant month of May, traditionally the peak of the real estate season, we’re seeing a mix of eager buyers and strategic sellers shaping the market. This video offers a deep dive into the current dynamics of Ottawa’s real estate scene, where buyers are cautiously hunting for deals and testing the waters with their offers. From fluctuating interest rates to new government mandates affecting workplace locations, Chris discusses the potential impacts on property demands and market momentum. Whether you’re considering selling your home or curious about purchasing near your workplace, stay tuned as we explore these intriguing trends.

 

 

 

 

 

 

 

SUBURBAN STATISTICS UPDATE APRIL 2024

Posted on: May 8th, 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 April 30, 2023, compared to the same period from January 1, 2024, to April 30, 2024.

 

 

OTTAWA MARKET UPDATE: MARCH 2024

Posted on: April 24th, 2024 by Chris Scott

While the market remains balanced, homes are taking longer to sell—often 30 to 60 days—unless they’re well-priced and in good condition. Sellers holding out for last year’s prices are finding they need to make significant price reductions.

Also,  an important update on capital gains tax: properties over $250,000 will soon see a tax increase to 66%. This change, effective June 25th, affects many, particularly investors relying on real estate as part of their retirement planning. This policy could prompt investors to sell before the tax hike impacts their returns.

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

 

 

 

 

 

 

 

 

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!