REAL ESTATE BLOG

A Strong Finish for Ottawa’s Real Estate Market in 2017

Members of the Ottawa Real Estate Board sold 771 residential properties in December through the Board's Multiple Listing Service System compared with 711 in December 2016, an increase of 8.4 percent. The five-year average for December sales is 687. The average sale price of a residential-class property sold in December was $434,098, an increase of […]

Setting Up A Home Exercise Space

Whether you are planning to start a new exercise regime this New Year or to break up your boring gym routine, having a space to exercise at home can be a lifesaver during long winter days. A dedicated home gym is a luxury few of us can afford, but with a few simple and affordable […]

Picking a Condo that Matches your Lifestyle

While many people once shied away from condominiums, today, this home-owners option is sought out by people of all ages and lifestyles. Condominiums are popping up in all neighbourhoods, with amenities that cater to the needs of people with all types of wants, needs, and abilities. Whether you are a working professional, young family, retiree, […]

Inspired. Grateful.

I am honoured to again receive the prestigious National Chairman's Award with Royal LePage, representing the top 1% nationally. This accomplishment could not have happened without your continuing endorsement. Thank you

Welcome Guests with a Well-Appointed Guest Room

Hosting friends and family is one of the joys of the season. Preparing in advance can make it less stressful to receive visitors anytime. Whether you have a dedicated guest room or a more improvised arrangement for overnight guests, there are many things you can do to make hosting headache-free for you and your family. […]

New Mortgage Rules for 2018

Starting January 1, new mortgage lending rules will require borrowers to undergo a financial 'stress test' to prove they could afford their mortgage if interest rates were to increase. Currently, buyers who provide less than 20% of their purchase price as a down payment are required to insure their mortgages. They must purchase mortgage insurance […]

Ottawa Real Estate Snapshot: October 2019

Ottawa Real Estate Snapshot: October 2019 Based on information from on the Ottawa Real Estate Board November 5th, 2019 Properties Sold Total properties sold: 1,607 an increase of 16.9% over October 2018 1,211 in the residential-property class, up 15% over October 2018 396 in the condominium-property category, up 23% over October 2018 The five-year average […]

November Blues? Not in the real estate market…

Members of the Ottawa Real Estate Board sold 1,239 residential properties in November through the Board's Multiple Listing Service System compared with 992 in November 2016, an increase of 24.9 percent. The five-year average for November sales is 1,001. The Office of the Superintendent of Financial Institution's (OSFI) announcement regarding the new stress tests for […]

Should You Own A Generator?

Winter is approaching and with it, blizzards, ice storms, and other extreme weather events for which we Canadians ought to be prepared. Even if you live in an urban area with lots of resources and amenities, your family should have an emergency plan in place and an emergency kit on hand that includes everything you […]

Condo Living – Is it right for you?

After a few flat years, the Ottawa condo market started picking up steam in 2016 and continues to be a popular choice for Ottawa buyers today. Lower inventory levels and higher prices in the residential market have helped to increase activity in the condo property class. According to the Ottawa Real Estate Board “September [2019] […]

First Time Home Buyer Incentive – Need a Little Help?

With the recent federal election there has been a great deal of discussion around the Liberal Government’s incentive for First-time Home Buyers which was effective September 2, 2019. The Government of Canada has allocated $1.25 billion over the next three years for this program. The incentive is designed to help first-time home buyers find an […]

What can we expect from the Fall Real Estate Market in Ottawa?

In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa. Our Spring market started earlier this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months. Throughout the year we have […]

Is that House Haunted?

Stigma and Real Estate Would the fact that property is believed to be haunted affect your decision to purchase it? If a property had been the location of an unspeakable act, would that change your opinion on it? Picture this, you’ve just found the home of your dreams and have put in an offer. Of […]

Resale prices climb in October!

Members of the Ottawa Real Estate Board sold 1,243 residential properties in October through the Board's Multiple Listing Service System, compared with 1,214 in October 2016, an increase of 2.3 percent. The five year average for October sales in 1,165. We continue to see the resale market outpace last year's performance, which included 261 in […]

Neighbourhood Spotlight: Arlington Woods

East of Greenbank and west of Knoxdale Road, just north of West Hunt Club, sits Arlington Woods, a small residential neighbourhood that is part of the larger Trend-Arlington area of western Ottawa. Originally part of the City of Nepean, which amalgamated into the City of Ottawa in 2001, the area was developed by the Campeau […]

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JEFF GREENBERG, REALTOR® | Office: 613-725-1171 | Toll Free: 1-800-307-1545 | greenje@magma.ca

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