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Ottawa sellers: don't miss out on busy spring relocation market
31 March 16 07:34 AM | Gord McCormick | 0 Comments   
We are on the cusp of the busiest few weeks in Ottawa real estate as March draws to a close. With the new Federal budget year starting April 1 st , comes the beginning of prime government “moving season” which sees a large number of military Read More...
Should I be buying or selling real estate in Ottawa winter?
17 November 15 11:20 AM | Gord McCormick | 0 Comments   
While most Realtors would suggest “there is never a bad time to buy or sell a property”, there are certainly a number of issues to be considered in buying or selling a property in the Ottawa winter. Here are a few items to consider: The case Read More...
Ottawa real estate market report Sept. 7th, 2015
07 September 15 08:40 AM | Gord McCormick | 0 Comments   
Ottawa real estate has had a pretty good summer all things considered, though prices are still pretty flat and we still have some listing inventory concerns, August was a pretty good month with decent unit sales increases for both residential properties Read More...
How will Federal election results impact Ottawa real estate?
06 September 15 08:55 AM | Gord McCormick | 0 Comments   
As we reach the halfway mark in a hotly contested (and for us, lengthy) campaign, we were wondering what the election outcome might mean for our local real estate market. Though few can have an accurate crystal ball on this issue, we did a little history Read More...
Is fall a good time to buy or sell Ottawa real estate?
06 September 15 08:47 AM | Gord McCormick | 0 Comments   
Our peak real estate season is fading with the last weeks of summer but what is the outlook for those looking to buy or sell in the fall market? Business steady if unspectacular in Sept and Oct: As one can see from the table below, September and October Read More...
Why do most Ottawa buyers want "move-in-ready?"
27 March 15 09:56 AM | Gord McCormick | 0 Comments   
Most buyers we work with are looking for move in ready properties as much as possible. Though there are buyers who are prepared to do some updating after buying a property, these are in the minority with the possible exception of very high demand neighbourhoods. Read More...
Is it the 1990's all over again in Ottawa real estate?
28 December 14 11:30 AM | Gord McCormick | 0 Comments   
Is it “déjà vu, all over again” in Ottawa Real Estate? We have suffered through another slow year in Ottawa real estate in 2014 with flat sales and overall prices barely in positive territory. A Federal restraint program and Read More...
Ottawa real estate: Why this may be the best time for a new home construction purchase
24 November 14 09:00 AM | Gord McCormick | 0 Comments   
As the overall market dips in to the winter doldrums with limited sales, it actually may be almost the perfect time to consider a new construction home purchase.(especially for those with existing properties to sell) Why is this? Re-sale timing for current Read More...
Ottawa real estate sales continue to stall in wintry March
08 April 14 09:22 AM | Gord McCormick | 0 Comments   
Sales: While the number of sales transactions in March decreased only 2.9% in March compared to last year, the comparison with the 5 year average paints a much more challenging picture. Residential transactions during the month were 11.3% lower than the Read More...
Ottawa real estate January 2014 results: mostly "chilly" except mortgage rates
10 February 14 08:59 AM | Gord McCormick | 0 Comments   
January 2014: Most indicators “chilly” except mortgage rates January is always about the lowest transaction/volume point in our real estate year in terms of results and January 2014 was no exception and in fact this year was slower than most. Read More...
Ottawa Real Estate: key questions for 2014
22 January 14 09:41 AM | Gord McCormick | 0 Comments   
2013 was certainly a slowing year in Ottawa real estate, with residential prices inching up only at an inflation level and the average condo price actually decreasing. This was a significant difference from the results over the last decade where more Read More...
No signs of spring in Ottawa March real estate results
05 April 13 07:24 AM | Gord McCormick | 0 Comments   
Sales down, prices flat but listing inventory is the story in March 2013 A wintry March did nothing to thaw the slowdown in residential real estate results. The number of sales transactions was down and prices flat but the key indicator to watch is listing Read More...
Semi-detached homes offer great compromise for both first time buyers and those downsizing
04 April 13 06:39 AM | Gord McCormick | 0 Comments   
Semi detached homes which feature one common wall with another dwelling seem to be popping up all over the place. From infill projects in the core to new suburban construction, the semi-detached home seems to be having a great renewal in popularity. When Read More...
DND IRP Review could impact Ottawa real estate
05 February 13 06:14 AM | Gord McCormick | 1 Comments   
What is IRP? A recent article (Jan 29 th , 2013) in the Ottawa Citizen discusses a review being conducted by the Pierre Daigle, the DND Ombudsman in to the Military Integrated Relocation Program (IRP). This program is used to move large numbers of military Read More...

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