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Ottawa and Real Estate Market Snapshot February 2021

The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days …
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5 Winter Home Selling Tips to Elevate Curb Appeal

While some people look down on it, selling your home in the winter can actually be a great experience. Buyers this time of year are more serious, and with a currently low inventory, Real Estate in Ottawa is advantageous for sellers. Many homes sold in the winter months have had multiple offers, and have sold …
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Ottawa and Real Estate Market Snapshot January 2021

Market Reports Request Market Snapshot: Buyer demand fuelled the Ottawa resale market as we kicked off the year. The announcement of the stay-at-home order early in the month caused a shortage in inventory while the strong demand remained. If you’re considering a move we’re here to help answer any questions you have, in this market …
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Virtual Open Houses in 2021

Live stream open houses have never been more popular in the real estate world. “Since the feature was made available on REALTOR.ca in April, there have been more than 24,800 live stream open houses conducted by more than 2,600 REALTORS® across Canada.” according to CREA. That’s a lot of people that potentially have been saved …
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What do Luxury Condos in Ottawa look like?

Some buyers have dreams of a white picket fence, others imagine a life of luxury when purchasing a home. Those in pursuit of this lifestyle may be curious to know what to expect in the Ottawa luxury condominium market. Luxury condos in Ottawa are typically found in the downtown core, with good proximity to …
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Online User’s Guide to Buying a Home During Covid

The New Importance of Online Tools COVID-19 has changed our lives dramatically. All facets of our day to day routine were transformed. Initially, the Real Estate community saw a drastic slowdown in the sale of homes. However, the industry was quick to adapt to the new challenging environment as we were deemed an essential service. …
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Ottawa and Real Estate Market Snapshot December 2020

Market Reports Request Market Snapshot: Ottawa’s resale market continued to thrive through December despite the challenges of 2020. The inventory shortage for 2020 caused an increase in the sale price as the demand remained with record-low mortgage rates. If you’re considering a move we’re here to help answer any questions you have, in this market …
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Saving Money to Buy Your Home

Everyone needs a place to call home. It’s our base. It’s the foundation upon which we build our lives. It defines our sense of community and the satisfaction of participation. But what is the price tag that comes with owning your own home? How do we secure the money to become homeowners? How do we …
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Ottawa and Real Estate Market Snapshot November 2020

Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price …
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Shopping Local this Christmas

The holidays are fast approaching, and the recent snowfall has heightened the spirit of giving and kindness of residents in the city. People are buying gifts for family and friends, trying to get ahead of the last-minute December holiday rush. Instead of spending hours in line buying gift boxes and gadgets, buy something unique and …
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Buying a Home with a Friend

Buying a home with a friend is a good way to get into the housing market. The pandemic has affected businesses everywhere, the Real Estate market has rebounded well. House sales experienced a little interruption early on. It has bounced back bigger and better than what could have ever expected. This has been a result of …
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Community Associations in Ottawa

Here is everything you need to know about the Community Associations in Ottawa. Finding a community you feel connected to can be a huge factor in buying a new home. Some people prefer to stay within the community they know best. Others venture out to discover new areas and build new connections. Discovering the ins …
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Ottawa and Area Real Estate Market Snapshot October 2020

Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September …
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Time to Buy a Year-Round Cottage

This year has been a real challenge for all of us. The combination of the COVID-19 virus and uncertain economic times have been incredibly worrisome. With the arrival of Fall, the situation is still uncertain and extremely stressful. During the summer, many of us were dreaming of escaping to a safe and relaxing haven. As …
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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