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Listing inventory is the critical indicator to watch in 2016 Ottawa real estate
31 March 16 07:43 AM | Gord McCormick | 0 Comments   
We have had some positive signs in the local real estate market over the last few months and most industry watchers and participants would expect it to be a good year in our marketplace. There are a still a couple of potential “potholes” though Read More...
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...
Optimism lifts residential and condo sales in Ottawa November 2015 results
15 December 15 11:45 AM | Gord McCormick | 0 Comments   
Optimistic unit sales for both residential and condo markets in November: Ottawa buyers and sellers were active in November in the fresh optimism generated by the new Federal Government. Unit sales were very positive for the month with residential sales Read More...
Selling in December: "to tree or not to tree? "
20 November 15 10:29 AM | Gord McCormick | 0 Comments   
When I’m selling in December…should I decorate my home? Perhaps not the biggest question sellers and their Realtors may have on their minds late in the year but one that warrants some consideration. Christmas is an important time of the year 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...
16 tips to guarantee a successful sale in spring or summer 2016
15 November 15 01:18 PM | Gord McCormick | 0 Comments   
1. meet with your Realtor to discuss plans and get an up to date market evaluation and check up on your existing property. 2. establish a well buffered estimate of baseline selling price for your existing property. This will help establish net equity Read More...
Ottawa real estate report November 2015
10 November 15 10:35 AM | Gord McCormick | 0 Comments   
Some positive signs of improvement in October real estate results: Residential Sales pretty solid: Sales for the month were up 3.7% and year to-to-date are 5.9% higher than 2014. Average selling price for the month was up 2.8% to $380,075 and year to-to-date Read More...
You can have our (listing) data when you pry it from our cold, dead hands!
18 September 15 09:50 AM | Gord McCormick | 0 Comments   
Tribunal hearing pits the Federal Competition Bureau against the Toronto Real Estate Board: In what may result in a watershed ruling affecting real estate historical listing information, the Competition Bureau Tribunal will be conducting hearings in both 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...
Ottawa listing inventory highest in 12 years!
10 July 15 06:43 AM | Gord McCormick | 0 Comments   
Many sellers face a long, stressful summer in Ottawa real estate June sales results were generally positive with increases in unit sales and average prices but listing inventory continues to grow and make life miserable for many sellers. Listing inventory Read More...
Ottawa seller tips for summer showing success!
07 June 15 11:36 AM | Gord McCormick | 0 Comments   
Late spring and early summer should be the best time to sell a residential property, as most properties outdoor spaces will look their best. Here are a few tips on how to make sure your listing is as ready as can be: 1. Remember: buyers shop online first, Read More...
Ottawa real estate Q1 2015: modest sales, potentially scary listing inventory above $500K
09 April 15 11:43 AM | Gord McCormick | 0 Comments   
Is it a flood of spring sales in Ottawa real estate….or just listings? April 9 th , 2015 Unit sales grew seasonally in March (from February), as usual but not enough to melt down a glacier of listing inventory and in fact, it appears the growth Read More...
What to expect from the 91 Most important days in Ottawa real estate...starting today!
01 April 15 02:00 PM | Gord McCormick | 0 Comments   
While the weather still has us wondering, there is no doubt that April 1 st marks the start of the most important 91 days in the Ottawa real estate year. 3 Biggest Sales Months: May is the #1 unit sales month of the year, followed closely by June #2 and 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...
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Ottawa real estate market results and trends,