Archives for Ottawa real estate

Getting Ready to Sell Your Home in Winter: What You Need to Know

Selling your home in the winter Real Estate market may seem undesirable to some, but it has many overlooked advantages that actually make the cold dreary season a potential sellers-market!  One thing found is that winter buyers are generally more serious, which makes complete sense, as most people don’t find joy in dawning winter-wear and bracing cold icy roads and weather just to check out the real estate market on a lazy sunday. Additionally, with fewer properties listed for sale, the market is smaller, making it easy to stand out in the neighbourhood. Keeping up with yard work and weeding
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Ottawa Real Estate Market Snapshot October 2018

Highlights from the Ottawa Real Estate Board’s Latest News Release read full story Halloween has not Scared Away Home Buyers “October’s sales are truly indicative of the fast-paced market we have experienced for much of 2018,” points out Ottawa Real Estate Board President, Ralph Shaw. “In some pockets of the city, listings are not lingering on the market. Year-to-date average Days on Market (DOMs) are down 14% from 45 to 39 days for residential homes and 24% from 68 to 51 days for condominiums.” “However, lack of supply continues to be a major driving factor in Ottawa’s real estate market,”
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Home Renovations with a Great Return on Investment

Home Renovations with a Great Return on Investment We’ve all been there: “I love our kitchen, but what if we added an island?” or “our en suite bathroom is great, but it’s missing a little colour” or even “our basement is so spacious, I wonder what it would look like finished”. Sound familiar? If you can relate with any of the above questions (or have debated a slightly different tweak to your home) then you’re likely well-acquainted with the idea of home renovations and how they can truly revamp a living space (or two). But what if we told you
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"Autumn Leaves are Falling; Home Prices are Not" |Ottawa Real Estate: Market Snapshot September 2018

“Autumn Leaves are Falling; Home Prices are Not” |Ottawa Real Estate: Market Snapshot September 2018 Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  October 3, 2018 via the Ottawa Real Estate Board “We continue to experience supply-side issues going into our fall market. The fact is, the number of residential sales would be much higher had we more robust inventory to draw from,” states Ottawa Real Estate Board President Ralph Shaw. “Condos continue to represent a greater proportion of year-to-date unit sales with a 15 per cent increase from this time in 2017.” September 2018
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"Autumn Leaves are Falling; Home Prices are Not" | Ottawa Real Estate: Market Snapshot September 2018

Notable numbers in Ottawa: Market Snapshot September 2018 Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  October 3, 2018 via the Ottawa Real Estate Board “We continue to experience supply-side issues going into our fall market. The fact is, the number of residential sales would be much higher had we more robust inventory to draw from,” states Ottawa Real Estate Board President Ralph Shaw. “Condos continue to represent a greater proportion of year-to-date unit sales with a 15 per cent increase from this time in 2017.” September 2018 Notable Numbers in Ottawa Real Estate The
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August 2018 Notable Numbers in Ottawa Real Estate

Ottawa Real Estate: Market Snapshot August 2018 We continue to see a healthy real estate market in Ottawa, with inventory levels are improving but still lower than we’ve seen in previous years.  Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  Empty attachment or post type not equal ‘attachment’ Summer Ends, Active Real Estate Market Continues… September 6, 2018 Ottawa Real Estate Board member sold 1,586 residential properties in August 2018, compared with 1,535 in August 2017, an increase of 3.3 per cent. The five-year average for August sales is 1,417. August’s sales included 1,188 in
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Reverse Mortgages: What to consider when considering a reverse mortgage

Reverse Mortgages What to consider when considering a reverse mortgage  A trend on the rise in home ownership as of late is the concept of reverse mortgages. This financial strategy is getting more and more common, as homeowners begin to use the equity of their home as a loan. But what exactly is a reverse mortgage, and how does it work? Let’s examine the concept of a reverse mortgage, and the benefits and downfalls that are included in its’ use. What is a reverse mortgage? A reverse mortgage is a loan that allows you to receive money from your home
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July 2018 in Ottawa Real Estate: Market Snapshot

July 2018 in Ottawa Real Estate: Market Snapshot Ottawa Real Estate Market Snapshot: July 2018:  We continue to see a healthy real estate market in Ottawa, with inventory levels are improving.  Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help!!     A Sizzling Summer for Ottawa Real Estate [posted by the Ottawa Real Estate Board] August 3, 2018 Members of the Ottawa Real Estate Board sold 1,614 residential properties  in July through the Board’s Multiple Listing Service® System, compared with 1,524 in July 2017, an increase of 5.9 per cent. The five-year average for July sales is
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The Search Is On – Listings: How the majority of buyers & sellers find listings in 2018

As the age of technology and the Internet continues to thrive, many industries have developed over the years to incorporate the constantly changing world of advertising and reaching potential clientele. Long gone are the days of people driving around on the weekends in search of potential listings, and fewer are checking the paper in search of their potential dream home. Despite these changes, the housing market is still booming and buyers and sellers alike are finding their future properties. The real question is, how has the search for real estate listings changed? The majority of that question can be answered
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Listed, Viewed, Sold! Steps in the home selling process 

Listed, Viewed, Sold! Steps in the home selling process   Selling your home is a big task, and an important one to pay critical attention to – as your house is typically your biggest asset. Ensuring that you’re ready to start this journey is key, and being as prepared as possible can ensure your house is sold for its’ top value. There are many important steps along the way when it comes to selling your house, and to take off some of the pressures, we’ve laid them out for you in this article. Find a realtor Your realtor is going to be
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