4 Great Ways to Invest in the Ottawa Market
4 Great Ways to Invest in the Ottawa Market Ottawa is a city with a variety of real estate in thriving, large neighbourhoods. In an appreciating market like Ottawa, real estate investments can provide significant financial benefits. There are a number of ways through which you can invest in real estate, each with its own […]
Diversity is an Advantage in a Multicultural Ottawa
Ethnic Diversity Among Agents in a Multicultural Ottawa From coast to coast to coast, Canada is a beautiful country that residents and visitors alike enjoy exploring, many with hopes of putting down roots in their favourite corner of our home and native land. In a recent survey, Royal LePage found that newcomers represent a […]
5 Things You Need to Know About Buying in Ottawa
5 Things You Need to Know About Buying in Ottawa 5 Things You Need to Know About Buying in Ottawa: Ottawa is a beautiful city with much historical significance. The national capital region is home to a wide variety of diverse, thriving neighbourhoods that see growth each year. There are many schools and businesses […]
I Have Just Inherited Property. What Should I Do?
I Have Just Inherited Property. What Should I Do? Do Your Homework Inheriting property can be an exciting time in your life. There can also be mixed emotions depending on the circumstances. The number of older Canadians is growing. This has caused the most significant number of inheritances Canada has ever seen. This trend is […]
First Time Homebuyer Resources
Your First Home is a Big Deal. Buying your first home is monumental. It’s a huge financial investment and a major life milestone. Unfortunately, nowadays it’s more difficult than ever to make the purchase by yourself. Luckily, in a market as diverse and ever-evolving as ours, there are many resources available for first-time homebuyers. […]
Beyond the Sign: The current market shift
After an intense few years, the local real estate market is showing a very slight shift towards calmer waters. Jason Ralph, Broker of Record and President of Royal LePage Team Realty, explains, “The market was so overheated that even a small shift seems drastic, even though it isn’t going back to pre-2020 levels. We are starting […]
Mortgage Shopping: What Does a Mortgage Broker Do?
In what has been an unprecedented year in buying and selling, Ottawa Real Estate is remaining hot, and mortgage rates cool. While buying a home and getting a mortgage is a big financial decision, the process of securing a loan leaves even the most experienced buyers with a laundry list of questions. Naturally, you will […]
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 […]
Ottawa Real Estate Market Snapshot November 2019
Weather isn’t Cooling the Resale Market! Highlights from the Ottawa Real Estate Board December 4, 2019 Ottawa Real Estate Highlights November 2019 UNIT SALES Members of the Ottawa Real Estate Board sold 1,288 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,161 in November 2018, an increase of 10.9 %. Residential: […]
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 […]