In what has been an unprecedented year in buying and selling, Ottawa Real Estate is remaining hot, and mortgage rates cool. While buying a home and getting a mortgage is a big financial decision, the process of securing a loan leaves even the most experienced buyers with a laundry list of questions. Naturally, you will […]
Welcoming Back In-Person Open Houses While live-stream open houses have been the new way in which home buyers have been viewing homes of interest over the past year and a half, in-person open houses are beginning to make their long-awaited comeback and we could not be more excited! Despite the unpredictability that the last 18 […]
Welcome to Your New Home Moving to a new country is a very exciting time for many, igniting feelings of new beginnings and hope for the future. However, despite the many positive attributes that coincide with relocating, finding a home in a new country can feel overwhelming at times. Choosing the right REALTOR®, the right […]
As is with the turn of every season, the arrival of fall marks new beginnings for many. School starts for kids of all ages, parents are returning to work, summer vacations have ended, and a drop in temperature has many homeowners beginning to think about what needs to be done before old man winter coats […]
With the recent federal election there has been a great deal of discussion around the Liberal Government’s incentive for First-time Home Buyers which was effective September 2, 2019. The Government of Canada has allocated $1.25 billion over the next three years for this program. The incentive is designed to help first-time home buyers find an affordable home. Finding an affordable home has proven to be a challenge for first-time home buyers and especially younger Canadians. The lack of inventory has affected the availability of affordable housing options. This has made the cost of housing as a percentage of gross income
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In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa. Our Spring market started early this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months. Throughout the year we have seen consistent growth in both listing prices and sale prices. In June, the Ottawa residential average sale price climbed over $500K for the first time ever! There is also great news for the Ottawa condo market. Now that condo prices have bounced back, more sellers
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If you are planning to sell your home in the next few months, it is wise to plan to maximize the sale of your home. As the temperatures are cooling and the days are getting shorter, we are starting to think of the coming fall and winter seasons. We will also start to think of the many special holidays we will be celebrating in the next few months. The good news is that buyers who are looking over the holidays tend to be more serious. We have put together some simple tips that will ease the pressure of having your
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Ottawa Real Estate update September 2019 The fall real estate market in Ottawa is in full swing with strong numbers showing no signs of a slow-down in spite of the upcoming election. Condo prices have recovered (and are moving upward) in the Ottawa Real estate market and sellers are jumping back in to take advantage. Condo sales are up a whopping 26.4% over this time last year. With days on the market continuing to drop in both the residential and condo market, it’s a time when buyers should be ready to act quickly and sellers can take advantage of historically
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When a home is listed, it needs to be at the right price in order to ensure that you get what you deserve for your home. There are a lot of factors that go into pricing a home and your Royal LePage Team Realty agent will help guide you through the process to ensure a positive outcome. Ultimately, the listing price is your decision, but trust your agent; they know what they are doing! What’s in a Price? When it comes to listing a home, the price can be everything. Pricing a home too low may mean that the sellers
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You wouldn’t get your car fixed by anyone other than a mechanic and you definitely wouldn’t let anyone other than a doctor perform a medical procedure on you but would you consider buying or selling a home without an expert in your corner? Buying or selling a home is likely one of the biggest transactions of your life so it’s important to ensure that you have someone there to ensure that you and your assets are protected. A Royal LePage Team Realty agent is an expert in their field and they will ensure that every part of your transaction goes
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