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
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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
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Selling a home during the winter months?

While it is true that spring is often the season when home sales move most briskly, winter can be a great time of year to make your home stand out. With less competition on the market, you can use the beauty of the season to the play up your home’s cozy charm for potential buyers. Start Outside Visitors will start to form their opinions about your home before they reach the front door. Put your best foot forward by making sure the exterior of your house is tidy and welcoming. Remove any lingering autumn leaves or spider webs. Make sure
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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
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2016 proves to be a record-breaking year for Ottawa resales

Members of the Ottawa Real Estate Board sold 715 residential properties in December through the Board’s Multiple Listing Service® System, compared with 703 in December 2015, an increase of 1.7 percent. The five-year average for December sales in 656. The total number of residential and condo units sold through the Board’s MLS® System throughout all of 2016 was 15,537, compared with 14,653 in 2015, an increase of six percent. While prices remained fairly flat over the course of the year, the unit sales recorded in five separate months were the highest on record, including December. The spring market picked up
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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
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