Posts by teamrealty

Nelson House Donation

With the help of many generous supporters, every year Mary Lindsay, a Royal LePage Team Realty sales representative,  organizes a  “Yesterday’s” sale at our Royal LePage Team Realty branch at 1335 Carling Avenue.  This group collects gently used clothing, jewelry and silent auction items which are then sold over 2 days. All money raised is then donated to a local women’s shelter. Earlier today Mary Lindsay, Theresa Seguin and Brian Sukkau presented a $2000 donation to Ottawa’s Nelson House.  Nelson house exists to “provide safety for women and children who are being abused and to work with other groups and
Read More

Resale buyers brave the February freeze

  Members of the Ottawa Real Estate Board sold 853 residential properties in February through the Board’s Multiple Listing Service® system, compared with 868 in February 2014, a decrease of 1.7 per cent. The five-year average for February sales is 914.   “Even though we had one of the coldest months on record, resales for the month of February are only slightly down from last year,” says President of the Ottawa Real Estate Board, David Oikle. “Looking at residential properties alone, 13 more properties were sold this February over last February – a 1.9 per cent increase; while the condo
Read More

Royal LePage House Price Survey: Ottawa trending towards a Buyer’s Market

OTTAWA RECORDS FLAT HOUSING MARKET IN THE THIRD QUARTER High inventory leads to an uneventful third quarter OTTAWA, October 15, 2014 – The Royal LePage House Price Survey released today saw prices for homes in Ottawa remain relatively flat. Detached bungalows and standard two-storey homes increased 1.2 per cent year-over-year to $403,091 and $406,264, respectively. Standard condominiums saw a slight decline in price, dropping 0.3 per cent to $258,132. “Buyers had a surplus of inventory to choose from this quarter, with much of the inventory left over from slower than usual winter and spring selling seasons,” said John Rogan, broker manager, Royal LePage Performance Realty. “However, there
Read More

Steady as she goes for September real estate sales in Ottawa

From the Ottawa Real Estate Board September/October 2014 “Members of the Ottawa Real Estate Board sold 1,133 residential properties in September through the Board’s Multiple Listing Service® system, compared with 1,118 in September 2013, an increase of 1.3 per cent. The five-year average for September sales is 1,103. “Our community is fortunate to enjoy one of the most stable real estate markets in Canada,” says Randy Oickle, President of the Ottawa Real Estate Board [and President/General Manager of Royal LePage Gale Real Estate]  “This is evidenced by the fact that the units sold and the average sale price in August and September
Read More

Square Footage of Homes… Why Such a Mystery?

When it comes to measuring square footage for a home or condominium it’s not so easy! Buyers always ask their sales representative for information on the square footage of the home they are considering buying and realtors always want to know approximately how many square feet exists in the home or condominium they are selling.   Unfortunately organized real estate no longer promotes the use of square footage in the details of housing  due to the potential liability on the homeowner and real estate agent as a result of the inconsistency of how a home can be measured. Unfortunately there
Read More

Campaign Launched By Provincial Realtors to Stop the Spread of Another Costly Home Owner’s Tax

Help us in an effort to “Say no to another home owner tax” – It is our mission to help prevent the spread of a new municipal land transfer tax (MLTT). This tax is in addition to the Land Transfer Tax a consumer already pays to the province when purchasing real estate and this provincial tax is already a large amount. Now your local municipalities want to Tax the home buying consumer again by introducing a new local Municipal Land Transfer Tax. Currently only implemented in Toronto, this tax has a great possibility of spreading to other regions of Ontario.
Read More

Royal LePage Team Agent’s Love Their Neighbourhoods and Want to Recognize Those that Make it a Great Place to Live!

  Your Royal LePage Team Agents from across Ottawa and surrounding areas want to recognize those individuals that make our communities such a great place to live. Collectively they have created a Contest to allow for you to tell them about your “Great Neighbour”. Tell a  Royal LePage Team Agent  About Your Great Neighbour and Your Neighbour Will be Entered to Win  Great Prizes Monthly of an Ottawa “Staycation” and a Chance to at the Grand Prize of a Caribbean Cruise! You only have to nominate your neighbour once – each entry is eligible to be selected as a winner
Read More

Spring is an Exciting Time to Buy a Home!

Finally it feels like Spring has arrived and with it comes an increased desire by consumers to start looking at the potential of buying a new home. If the home buying bug has taken a nip at you this spring, consider enlisting the services of a Trained Real Estate Professional who can ultimately save you time, money and from costly mistakes. Now, the Buying Consumer has the same privileges that has always been afforded to Sellers and can hire a Real Estate Professional to protect their interests when purchasing a home and it doesn’t cost the Buyer any money for
Read More

Royal LePage’s New Mobile App Breaks Industry Barriers With Draw-and-Search Feature

  Royal LePage, in partnership with award-winning mobile agency Plastic Mobile, recently announced the launch of the Royal LePage mobile app for Canadian house hunters. Available for iPhone, the new app is simplifying the property search process down to the swipe of a finger. The app’s innovative Draw-and-Search feature allows users to easily zero in on a specific geographic area of interest on a map, by simply drawing the area of choice with their finger. Upon doing so, property listings within the selected region will pop up on the screen. On-the-go house hunters no longer need to log in or fill in forms
Read More

Thinking of selling? Get educated about market conditions specific to YOUR home.

Our local Ottawa real estate board regularly publishes information about market conditions in and around the city. And while this information is useful, the data is based on statistics compiled from ALL home sales regardless of age, style, neighborhood or price point. As such, it may not necessarily reflect the conditions specific to YOUR home. When marketing your home for sale, it is critical that your sales representative identify market conditions specific to your home. Are you in a seller’s market, a balanced market, or a buyer’s market? Each of these market conditions demands a different marketing strategy to ensure
Read More