REAL ESTATE BLOG
Ottawa Real Estate January 2020 Highlights and Statistics
Based on information released February 5, 2020 by the Ottawa Real Estate Board Average Sale Prices up over 19% in both Residential and Condominium Properties January’s average sale price for a condominium-class property was $338,077, an increase of 19.1 % from January 2019 January’s average sale price of a residential-class property was $516,229, an increase …
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All I want for Christmas is a HOME
Buying a house is an exciting time, and whether you are just entering the market or you are a seasoned buyer ready for your next move, investing in real estate is a smart decision. To some, the Realtor App could be considered the Tinder of the Real Estate world, swiping past sub-par matches looking for …
Why Use a Full Service Realtor®?
The decision to buy or sell a home is a big one; there is so much to think about and do! A home is likely the largest investment you will ever, or have ever, made in your life and it’s important to have someone you can trust to make the process as smooth as possible …
Commercial Property …Not without a realtor
Have you ever considered owning, investing or leasing commercial real estate? Commercial real estate is defined as any non-residential property used for commercial profit-making purposes. It includes; office, retail, industrial, institutional, land, multi-family residential, and hotel/motel properties. All aspects of acquiring or leasing a commercial property are much more complicated than residential and require a …
Canada 150: Enjoying the Fall Season
Canada’s 150th milestone is here and in full swing; and what a year it’s been so far! We’ve bundled up as we watched our favourite downhill skaters at Red Bull’s Crashed Ice, cheered on our favourite musical talents at the 2017 Juno Awards, looked up – way up – at those daring enough to eat, …
Buying a Home : Accepting Change Outside Your Wishlist
Truth be told, there are a lot of decisions to be made when it comes to purchasing a home. Regardless of where we stand on the home-buying scale – first time homebuyers, second time homebuyers, or those just simply looking to downsize and/or relocate – there are questions to be asked, and answers to be …
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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 …
Autumn Leaves are Falling; Home Prices are Not…
Members of the Ottawa Real Estate Board sold 1,393 residential properties in September through the Board’s Multiple Listing Service System, compared with 1,383 in September 2017, an increase of only 0.7 percent. The five-year average for September sales is 1,303. September’s sales included 1,046 in the residential property class, a decrease of 2.5 percent from …
Summer Ends, Active Real Estate Market Continues…
Members of the Ottawa Real Estate Board sold 1,586 residential properties in August through the Board’s Multiple Listing Service System, compared with 1,535 in August 2017, an increase of 3.3 percent. The five-year average for August sales in 1,417. August’s sales included 1,188 in the residential property class, relatively unchanged from a year ago, and …
Summer Ends, Active Real Estate Market Continues… Read More »
Make Your Condo Balcony a Selling-Point
In the condo market, a well-maintained balcony with a stellar view can be a powerful tool to attract potential buyers. While the low-maintenance aspect of condo living is appealing, many condo dwellers still want a private outdoor space to enjoy. Even a small balcony off the living room or bedroom, decorated with care and style, …
A Sizzling Summer for Ottawa Real Estate
Members of the Ottawa Real Estate Board sold 1,614 residential properties in July through the Board’s Multiple Listing Service System, compared with 1,524 in July 2017, an increase of 5.9 percent. The five-year average for July sales is 1,501. July’s sales included 1,238 in the residential property class, an increase of 3.6 percent from July …
Spring Market Churning Along
Members of the Ottawa Real Estate Board sold 2,279 residential properties in May through the Board’s Multiple Listing Service System, compared with 2,294 in May 2017, a decrease of 0.7 percent. The five-year average for May sales is 2,041. Overall inventory stock is down in both the residential and condo market. The number of home …
Condo Sales Keep Market from Over Heating
Members of the Ottawa Real Estate Board sold 2,070 residential properties in June through the Board’s Multiple Listing Service System, compared with 2,163 in June 2017, a decrease of 4.3 percent. The five-year average for June sales is 1,914. June’s sales included 455 in the condominium property class, an increase of 11.5 percent from June …
Ottawa Real Estate Market Snapshot
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The Season of Giving – Gift Ideas for all the Homeowners in your Life
Coming up with gift ideas for the people in your life can be difficult sometimes. We have put together a gift-giving guide for those people that have moved into a new home or a new condo. Perhaps you are the one that has moved this year if so we included some ideas for little gifts …
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Experienced – Trusted – Recommended
JEFF GREENBERG, Sales Representative | Office: 613-725-1171 | Toll Free: 1-800-307-1545 | greenje@magma.ca
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