Summer Showings
Selling your house can be an exhausting process, and selling during the summer brings its own special challenges. One of the most noticeable is that you may be away on vacation when people want to attend a house showing. Fortunately, you can turn this challenge into an opportunity. If you plan to hold house showings […]
Reflections on Canada 150
Canada Day is usually a big event in Ottawa; it is the nation’s capital after all, but this year was an even bigger celebration owing to 2017 being the 150th anniversary of Canada’s founding. In order to celebrate this momentous event, Ottawa pulled out all the stops to throw a Canada Day celebration that people […]
Ottawa resale market proves strong in first half of 2017
Members of the Ottawa Real Estate Board sold 2,162 residential properties in June through the Board’s Multiple Listing Service System, compared with 1,985 in June 2016, an increase of 8.9 percent. The five-year average for June sales in 1,818. Interestingly, there were 46 units sold over $1 million in June, and 171 unit over $1 […]
Selling in the Summer
Selling your home in summer? It can be grueling to prepare a house for sale in the summer heat but many experts believe that summer is one of the best times to sell a house. Why?… People are out and about! Summer holidays mean that people have more time to devote to buying a home […]
“a Stellar year so far”…Ottawa Real Estate Snapshot June 2017
We are still seeing lower than normal inventory, more multiple offer situations and fewer days on the market which is good for sellers but with prices remaining “relatively steady”, it is also good news for Buyers. Check out the highlights below and send us an email to info@teamrealty.ca for details and info on specific properties, we love […]
Summer Fun in Ottawa
After a long and rainy spring, summer is finally upon us in the nation’s capital. Now that the sun has actually come out, it’s time to get outside and enjoy the weather. Whether you live in Ottawa or are just visiting, there are a lot of fun and unique activities to enjoy all throughout the […]
Understanding Multiple Offers
As Ottawa continues to be a hot market with a low inventory, the number of multiple offer situations seems to be on the rise. When a home goes to “multiple offers”, all offers on the home must be made at a set time and the seller is able to choose which one they would like […]
Buying a Home that is “For Sale By Owner”
A home is likely the biggest purchase of your life so what happens if you find the perfect property but it is “For Sale By Owner” (FSBO)? To avoid surprises, headaches, and extra costs, it is always advisable to work with Buyer’s Agent; just because the seller has opted to go it alone does not […]
Condo sales lead the way for stellar performance in May
Members of the Ottawa Real Estate Board sold 2,300 residential properties in May through the Board’s Multiple Listing Service System, compared with 1,919 in May 2016, an increase of 19.9 percent average for May sales is 1,946. One of the reasons for these stellar numbers can be attributed to the condo market, which has helped […]
Primary Residence Tax Exemption
The federal government has recently made some changes to the Canadian tax system regarding the capital gains from selling residences. Some people are quite worried about what these changes, which you can find directly from the CRA, may come to mean when they sell their homes, but you shouldn’t panic. These changes will not greatly affect […]