Hot Market in an Icy April
Members of the Ottawa Real Estate Board sold 2,032 residential properties in April through the Board’s Multiple Listing Service System, compared with 1,788 in April 2017, an increase of 13.6 percent. The five-year average for April sales is 1,704. April sales included 416 in the condominium property class and 1,616 in the residential property class. […]
How Will Light Rail Change Ottawa’s Real Estate Landscape?
Recent investments in public transit are reshaping the way Ottawa residents live and move. The first phase of our city’s light rail development, likely to transform the downtown core, is expected to be completed later this year. Soon thereafter, construction on Phase 2 is expected to begin, with completion slated for 2023. While the pain […]
Clean, Clean, Let it be Spring!
Spring Clean-Up Time in the Capital As spring speckles and the snow begins to melt, it’s time to get busy cleaning up our capital after Jack Frost’s long hold over us. Littered across this beautiful city, left out in the winter’s cold we’ll find discarded coffee cups, old cigarette butts, stray plastic bags and papers […]
Buyers Get a Jump on the Spring Market
Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service System, compared with 1,478 in March 2017, an increase of 12.3 percent. The five-year average for March sales in 1,339. March’s sales included 358 in the condominium property class and 1,302 in the residential property class. […]
A Passing Grade?
In our part of the world, we wait anxiously for the first signs of spring and the joyful thaw that comes with it. Snow melts, the ground thaws, and April showers mean puddles everywhere. All the moisture that spring brings with it can make any drainage problems on your property suddenly seem obvious. Pooling water […]
Wanted: Ottawa Homes for Sale
Members of the Ottawa Real Estate Board sold 979 residential properties in February through the Board’s Multiple Listing Service System, compared with 1,002 in February 2017, a decrease of 2.3 percent. The five-year average for February sales is 922. February’s sales included 250 in the condominium property class and 729 in the residential property class. […]
Take the Market by Storm this Spring
Spring is often a livelier time of year on the real estate market, as people prepare to move during the warmer months. Since Ottawa is currently experiencing an unusually low inventory of homes for sale, buyers are eagerly awaiting more options to appear in the market this spring. This climate could put you at an […]
Power-Down When You Are Out of Town
If you are planning to travel this winter, consider turning off and unplugging electronics while you are away from home to save energy and reduce utility bills: Any appliance with a standby or “sleep” mode is never truly turned off. Desktop computers, printers, TVs, cable boxes, DVD players, alarm clocks, radios, and any appliance that […]
Before You Downsize, Do Not…
Whether your are an empty-nester, a retiree, or recently single, downsizing may seem like an alluring and logical way to simplify your life and save on expenses. But for downsizing to really make sense over the long-term, you need to proceed with caution and avoid some pitfalls. Do Not Rush Be patient and take the […]
Low Inventory Could Leave Some Buyers Out in the Cold
Members of the Ottawa Real Estate board sold 712 residential properties in January through the Board’s Multiple Listing Service System, compared with 664 in January 2017, an increase for 7.2 percent. The five-year average for January sales is 638. While January is typically the month we see the lowest number of listings come onto the […]