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The Seasons and the Ottawa Real Estate Market
The Seasons and the Ottawa Real Estate Market Like the changing seasons, the real estate landscape experiences shifts and transitions, each holding a unique influence on buying and selling patterns. Seasonality is more than just a climatic phenomenon — it’s a critical factor that both buyers and sellers will need to consider in order
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Ottawa Real Estate Market Snapshot September 2023
The September 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The Ottawa real estate market has now reached a balance, meaning buyer demand is equal to the supply from sellers. It has been some time since Ottawa last saw a balanced market, making it even more crucial for buyers and sellers alike to consult
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Fixed Vs. Variable Mortgages – What you Need to Know
As you may have recently read, The Bank of Canada has decided to hold its lending rate at a 22-year high of 5%. But what does this mean for your mortgage? And should the current economic climate affect whether you consider a fixed mortgage, or a variable mortgage? First of all, for many with a...
Ottawa Real Estate Market Snapshot August 2023
The August 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: There was a slight increase in the number of properties sold in Ottawa’s resale market for August over the same time last year. Demand continues in Canada’s capital as we see an increase in immigration and a new cohort entering the housing market.
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Great Renovations & Updates for Your New Home
Great Renovations & Updates for Your New Home Congratulations on moving into your new home! Now for the best part — adding your own personal touch. With a dash of creativity and some careful planning, you can transform your space into a haven that perfectly reflects your distinct sense of style. In this
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All About Canada’s New First Home Savings Account (FHSA)
Looking to purchase your first home somewhere down the line? You might qualify for one of Canada’s newest registered savings plans, the First Home Savings Account (FHSA). If you’re like most Canadians, buying a home has never felt more daunting. According to the most recent numbers from the Canadian Real Estate Association, the average price...
Ottawa Real Estate Market Snapshot July 2023
The July 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: The Bank of Canada made two recent hikes to interest rates however, consumers remained confident as we saw the number of sales rise 15% over July of last year. Inventory has continued to climb as did the average sale price in comparison to
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You found your dream home, but haven’t sold your current house yet. Now what?
It happens: You walk into a home and completely fall in love with it. You can picture yourself living there, how you’re going to decorate, even how your furniture will fit. There’s just one little issue, though: You haven’t yet sold your current home. This can be a tough one, especially since emotions are involved...
Retirement Home Buyer’s Checklist
Retirement Home Buyer’s Checklist Congratulations on retirement! It’s truly a momentous occasion when you’re able to hang up your hat and look back at your professional career as an accomplishment. You’ve earned the years of leisure to come, and you deserve a home that will grant you the utmost comfort and fulfillment in this
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Ottawa Real Estate Market Snapshot June 2023
The June 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: We saw an increase in the number of sold properties over those of June 2022 even though the number of listings were down from the previous year. A strong indication that those who are out shopping are serious about making a purchase. With
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The Ultimate Guide to Selling Your Home in a Competitive Ottawa Market
It often feels like the housing market just keeps getting progressively more competitive. Every other day, there seems to be an article about just how wild it is out there in the world of buying and selling a home. That said, there are strategies you can take when selling your home to make it stand...
Should you build, or should you buy?
Should you build, or should you buy? As a buyer, deciding between building a new home and buying an existing one is a choice that requires consideration. Both options have their own set of advantages and disadvantages which can greatly impact your lifestyle, budget and long-term goals moving forward. In this blog, we’ll delve
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Ottawa Real Estate Market Snapshot May 2023
The May 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: Temperatures were on the rise last week and we saw the resale housing market mimic the rise in May as the number of properties sold were up 6% over those of May 2022. With inventory at a low and sale prices up from
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Everything you need to know about Land Transfer Tax in Ottawa
It’s no secret that purchasing a home almost always seems to be accompanied by “secret” additional costs. Lawyer fees, home inspection costs, taxes you didn’t know about until now - if you’re a first time home buyer (and even if you're not!) it can all feel rather daunting. Today, I’d like to help demystify one...
Ottawa Real Estate Market Snapshot April 2023
The April 2023 Ottawa Real Estate Board Stats are out! Market Snapshot: It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months
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