Monthly Archives January 2017

Housing Trends in 2017

The New Year is officially underway and we are ready to reflect on the year that has passed, as well as plan for the year that’s to come. With the housing market being consistently ever-changing, new trends tend to surface as old ones seem to fade. 2016 was a big year for the housing market and, as a result, we saw some pretty impressive reports, results, and trends. This year, the housing forecast and its trends will predictably be as follows:   The Canadian Real Estate Association has released recent information on Canada’s housing trends and how they’ve evolved since
Read More

Ed O’Connell Memorial Award

We are proud to announce the 2016 recipients of the Ed O’Connell Memorial Award: A person associated with Royal LePage Team Realty Brokerage who has made a substantial commitment and a significant difference in the real estate community. The recipients have achieved outstanding success by: • Being a leader and/or role model • Exemplifying the best of the profession • Providing mentorship • Providing inspiration to others Congratulations to Brian Sukkau, Madat Kara & Luigi Aiello, we are truly proud to work with you!   The post Ed O’Connell Memorial Award appeared first on Team Realty. Source: Blog
Read More

New Year Reno-Resolutions

A new year tends to go hand in hand with a New Year’s resolution (or two). We’ve all been there: eat healthier, get healthier, save more, sleep more etc. etc. So what about the expansions, the over-hauls, and/or the restorations of our current homes? Typically, there are a large handful of us who include home renovations in their list of New Year’s to-dos, and we’re not necessarily talking about the sporadic spring clean and/or the occasional winter prep; but, instead, the opportunity to really do something for the structural improvement and/or visual well-being of our homes. So where do you
Read More

Your Home and Winter Travels

January is often a time to make travel plans. In fact, the winter months are quite possibly the most traveled; holiday visits to family members aside, some of us just simply need to get away and enjoy a little warmth in the sunny south. So if all the shoveling, ice scraping and bundling has got you down, it might be time for you to pack those bags! With all the excitement of travel plans, we mustn’t forget to consider the safety of our homes. Especially for “snowbirds”, there are periods of time where we might not be home for weeks
Read More

Canada’s Housing Rules in Full Swing

Happy New Year, folks! 2017 has finally arrived, and for the real estate world, change is in sight. As most of us already know, 2016 brought forth a lot of chatter about several significant changes (decided upon by our government) toward our country’s mortgage and housing rules. Those who will primarily be affected by these implementations will be anyone who, is not only looking to perhaps qualify for government-backed insured mortgages, but also those who may be looking to purchase their first home and/or are looking to refinance their existing mortgage. Having said that, the Government of Canada has been
Read More

Ottawa Real Estate Update: December 2016

  2016 was a record breaking year for Ottawa real estate resales! 715 sales in December brought the total number of properties sold throughout the year through Board’s MLS® to 15,537, a 6% increase over 2015. With more properties selling over $500K December also had the highest average sale price ever recorded $420,750, considerably higher than the 2016 average sale price of $371,987.   Information below from the Ottawa Real Estate Board’s Latest new’s release on January 5th, 2017.  2016 proves to be a record-breaking year for Ottawa resales OTTAWA, January 5, 2017 – Members of the Ottawa Real Estate Board sold
Read More