Buying in a Seller's Market

If you are thinking of selling, the current low inventory and rising prices in Ottawa may make right now seem like the perfect time but it may seem like a different story if you are looking to buy. Whether you are looking to buy your first home or looking to up or down size, it may seem like a very challenging time to purchase a home. Not to worry though, with some creativity and careful planning, there are ways to easily navigate this market with your Realtor®. Here are 5 helpful hints for buyers this spring: Work with a Realtor®
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Tidying Up: The Joy of Purging

Earlier this year, Netflix launched Tidying Up with Marie Kondo, a wildly popular series based on Marie Kondo’s bestselling book The Life-Changing Magic of Tidying Up. The series outlines, in a step by step guide, the Konmari method of cleaning and organizing and it has had everyone talking (and purging!) Second-hand stores have seen a surge of donations unlike they have ever experienced before and people are saying goodbye to many of their possessions with hopes of finding joy living in a more minimalist lifestyle. Whether you are preparing your home to list or just want to de-clutter, purging can
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OTTAWA REAL ESTATE HIGHLIGHTS: Higher Prices, Fewer Residential Sales

Tightness of listing supply is significantly reducing days on market,  properties are selling very quickly.   The latest statistics are out from the Ottawa Real Estate board!   here are the highlights… 1,511 residential properties were sold in March through the Board’s Multiple Listing Service® System, compared with 1,654 in March 2018, a decrease of 8.6 per cent. 1,136 in the residential property class, a drop of 12.4 per cent from a year ago, and 375 in the condominium property class, an increase of 5 per cent from March 2018. The five-year average for March unit sales is 1,402. The average sale
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Are You Ready for Spring?

Are You Ready for Spring? As the air gets warmer, for home owners that means one thing: spring maintenance is on its way. As we wait for the last of the snow to melt, we thought we would help prepare you for the fun that lies ahead. Here are five key tasks that every home owner should have on their list of things to do this season: 1) Check the Eavestroughs  After fall and winter, your eavestroughs may be full of leaves and debris so now is the time to get the ladder out and take a look. It is important to clean
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Infill Homes

As Ottawa continues to grow, more and more infill homes are popping up in key neighbourhoods around the city. Infill homes can sometimes be a contentious issue within a neighbourhood but they can also improve the housing stock, add value to the community, slow urban sprawl, and replace older and outdated homes with more modern and appealing options. What are Infill Homes? In the natural progression of any city, the city’s core contains the oldest buildings with new construction occurring along the periphery where there is space available. Infill is the practice of building new homes in already developed neighbourhoods
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Ottawa Neighbourhoods to Watch

Spring Market: 4 Neighbourhoods to Watch As the spring real estate market in Ottawa heats up, here are some neighbourhoods that will certainly be of interest to home buyers. Each of these communities has something unique and different to offer so there is something for everyone.  No matter what community you are looking at, don’t forget to hire a Realtor® to help you find your dream home (and make sure that you get it for the right price!) Bells Corners – Re-imagining an older neighbourhood With the opening of the Department of National Defense Headquarters at Carling Avenue and Moodie Drive,
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Why Use a Full Service Realtor?

The decision to buy or sell a home is a big one; there is so much to think about and do! A home is likely the largest investment you will ever, or have ever, made in your life and it’s important to have someone you can trust to make the process as smooth as possible and offer expert advice. A Royal LePage Team Realty Realtor® offers full service support which ensures that you will have experience, knowledge, and expertise in your court every step of the way as you navigate your next move. Most importantly, a full service Realtor® will
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Why Use a Full Service Realtor®?

The decision to buy or sell a home is a big one; there is so much to think about and do! A home is likely the largest investment you will ever, or have ever, made in your life and it’s important to have someone you can trust to make the process as smooth as possible and offer expert advice. A Royal LePage Team Realty Realtor® offers full service support which ensures that you will have experience, knowledge, and expertise in your court every step of the way as you navigate your next move. Most importantly, a full service Realtor® will
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Ottawa Real Estate Update: February Buyers Snap Up Limited Inventory

FEBRUARY 2019 Ottawa Real Estate MARKET HIGHLIGHTS  Buyers Snap Up Limited Inventory! HIGHLIGHTS (RELEASED BY THE OTTAWA REAL ESTATE BOARD MARCH 5TH, 2019) Total properties sold: 1,005 residential properties sold on MLS® compared with 978 in February 2018, an increase of 2.8%  756 in the residential property class, a rise of 3.8% over Feb 2019 249 in the condominium property class, a decrease of 0.4 % from February 2018. The five-year average for February sales is 949. “February has been a strong month, and with year-to-date unit sales 8% higher in both the condo and residential categories, it is looking
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Getting Ready to Buy in the Spring Market

Getting Ready to Buy in the Spring Market The early bird catches the worm! Yes, even in winter you can get a head start on purchasing your future home. How does one do that you might ask? Well, there are a few factors you will have to consider. For starters, it’s important to know what type of property you’re interested in, and whether or not this means upgrading to a bigger house or downsizing. Secondly, understand that the spring market can get competitive so you want to take the time to get your financial pre-approvals in place now. Let’s go
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