Archives for Ottawa Real Estate

Buying a Home: What The Extras Cost

Contracts and rentals to consider in home ownership When it comes to buying a home, there are always additional fees to be considering when you make an offer. Typically, a first-time home buyer needs to be aware of the costs associated with buying a home – legal fees, mortgage rates, home insurance, closing costs, property taxes, land transfer fees…But what about those little extras not everyone considers? The contracts and rentals associated with the home such as furnaces, hot water tanks, and in some locations even your septic tanks – and what that could cost you. The main point is
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The Walls Have Eyes – And Maybe Ears

Real Estate Listings and Surveillance Systems Have you ever wondered if a house you’re looking at, might also be looking at you? Well, you’re not alone. It’s a common question when it comes to real estate listings regarding home surveillance systems, or “nanny cams.” Although there is technically no legal position preventing homeowners from having their surveillance system, it can’t help but feel a little creepy to consider that the seller may potentially be watching you as you look at their home. Some homes may have signage stating that there is video/audio surveillance. However, it is not always required depending
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Hot Real Estate Market in an Icy April

The Spring market continues to buzz in Ottawa real estate, with the number of sales up over 13% in April in spite of inventory levels being down 23% over this time last year.  Home buyers are seeing more competition, which is good news for sellers.   Certainly we are seeing more multiple offers and higher sale prices, however, with prices still reasonable compared to income in Ottawa real estate these factors aren’t stopping buyers. Hot Real Estate Market in an Icy April  May 3, 2018 Highlights from the Ottawa Real Estate Board   “Full employment and reasonable house prices in proportion
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Hot Real Estate Market in an Icy April

Empty attachment or post type not equal ‘attachment’ The Spring market continues to buzz in Ottawa real estate, with the number of sales up over 13% in April in spite of inventory levels being down 23% over this time last year.  Home buyers are seeing more competition, which is good news for sellers.   Certainly we are seeing more multiple offers and higher sale prices, however, with prices still reasonable compared to income in Ottawa real estate these factors aren’t stopping buyers. Hot Real Estate Market in an Icy April  May 3, 2018 Highlights from the Ottawa Real Estate Board  
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What Home Buyers Should be Looking for When Viewing a Property

You’ve done your research, found the perfect Realtor, crunched the numbers, created your list of must-haves and now it’s time to start the exciting process of HOUSE HUNTING! When you’re looking at homes for sale it isn’t always easy to look beyond the cosmetics.  Not to worry, we’ve created this handy graphic to help home buyers to stay focused.
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What Home Buyers Should be Looking for When Viewing a Property

You’ve done your research, found the perfect Realtor, crunched the numbers, created your list of must-haves and now it’s time to start the exciting process of HOUSE HUNTING! When you’re looking at homes for sale it isn’t always easy to look beyond the cosmetics.  Not to worry, we’ve created this handy graphic to help home buyers to stay focused. Empty attachment or post type not equal ‘attachment’
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March Market Snapshot

Buyers Get a Jump on the Spring Market taken from the Ottawa Real Estate Board  April 5, 2018 Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,478 in March 2017, an increase of 12.3 per cent. The five-year average for March sales is 1,339. March’s sales included 358 in the condominium property class and 1,302 in the residential property class. “Inventory continues to fall below normal average, but we are still seeing more sales than last year because listings are not staying on the market,” states
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March Market Snapshot

Buyers Get a Jump on the Spring Market April 5, 2018 Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,478 in March 2017, an increase of 12.3 per cent. The five-year average for March sales is 1,339. March’s sales included 358 in the condominium property class and 1,302 in the residential property class. “Inventory continues to fall below normal average, but we are still seeing more sales than last year because listings are not staying on the market,” states Ralph Shaw, President of the Ottawa Real
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March Market Snapshot

Empty attachment or post type not equal ‘attachment’ Buyers Get a Jump on the Spring Market taken from the Ottawa Real Estate Board  April 5, 2018 Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,478 in March 2017, an increase of 12.3 per cent. The five-year average for March sales is 1,339. March’s sales included 358 in the condominium property class and 1,302 in the residential property class. “Inventory continues to fall below normal average, but we are still seeing more sales than last year because
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Buyers Toolkit – Springtime

Buyers Toolkit – Springtime Spring is in the air, and the real-estate market is ramping up for the beginning of buyers’ season.  Things tend to move faster in the spring and houses for sale are often sold shortly after they are listed.  As a potential home buyer, it is important to be prepared as possible before you start looking at potential homes – that way, the chance of losing your “dream home” to another buyer is greatly decreased. You may be wondering … “What are some of the important things that can help you stay on-top of, and ahead of
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