Let’s refresh on the numbers for our Ottawa market updates Navigating Ottawa’s real estate market demands a clear grasp of property valuation methods. If you’re following us on social media, you may have noticed our Ottawa market updates adopting a fresh look. This shift reflects the Ottawa Real Estate Board’s (OREB) adoption of the Canadian Real
Did you know that 9 out of 10 millionaires get rich from real estate? And the reason is not far-fetched. Real estate investment is one of the earlier and most stable forms of investment since you can make money in multiple ways, including house flipping and renting out. Yes, it has its ups and downs,
Source: OREB What happened in the Ottawa market in January 2024? In January 2024, the Ottawa Real Estate Board (OREB) saw home sales increase by 16.5% compared to January 2023, totalling 629 units. The MLS® Home Price Index (HPI), which offers a more accurate portrayal of price trends, showed a 3.2% gain in the overall composite
Wondering what happened in the Ottawa market in 2023? Source: Royal LePage Team Realty What do these numbers mean for you? Let’s review the numbers for the Ottawa market for the past 12 months. Going into 2023, housing prices saw a slight decrease compared to the previous year. However, prices steadily increased month-to-month and by
Source: OREB What happened in the Ottawa market in December 2023? In December 2023, the Ottawa market, as reported by the Ottawa Real Estate Board (OREB), saw a boost with the sale of 565 homes through the real estate system, marking a 7.6% increase from the same month in 2022. Despite this growth, home sales lagged behind the average for
Hidden Costs When Buying a Home in Ottawa Buying or selling a home is one of the largest financial transactions you will ever make. It may even seem daunting or overwhelming. But it doesn’t have to feel that way. When considering all the fees and any potential hidden costs to watch out for when buying
First off I want to wish everyone a very happy new year! Can you believe it’s 2023 already? (I can’t!). I know that we are all very busy working on our 2023 goals. So, if buying your first home, or purchasing an investment property is on your 2023 bucket list – this is your sign!
5 Steps to Buying Your First Home in Ottawa As a young adult, buying your first home can be an exciting and challenging process. With many different factors to take into account, such as preferred location, price range and desired amenities, it’s easy to get overwhelmed. However, armed with the right knowledge and preparation,
How to sell my Barrhaven home fast? How to sell my Barrhaven home? Selling a home can be a big task for most home owners to take on. Not only does your home need to be prepped for sale, but then you have the enormous feat of finding a local real estate agent that you
How to Choose the Best Ottawa Realtor for You So, you’re ready to start looking to purchase or sell your Ottawa home. Congratulations! Now, how do you choose the best Ottawa realtor for you? The real estate market in Ottawa is an extremely competitive place, and it can be difficult for potential buyers to
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