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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...
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...
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...
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...
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...
Buy first or sell first? Tough question in 2015 Ottawa real estate
22 March 15 10:38 AM | Gord McCormick | 0 Comments   
The dilemma: Homeowners have always had to decide whether to find their “dream home” first and secure it or sell their existing home first in the hope they can find the “dream home” at the same time. For a look at some of the challenges Read More...
Who or what is to blame for abysmal listings to sales ratio in Ottawa real estate?
15 February 15 09:55 AM | Gord McCormick | 0 Comments   
Who is most to blame for abysmal listings to sales ratio? We were reviewing year-end numbers for 2014 and discovered some disappointing stats on listing to sales performance across the board during the year. Success rate only 48.1% for new listings during 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...
Should I list my Ottawa property over the winter months?
05 December 14 12:24 PM | Gord McCormick | 0 Comments   
While the credo of professional real estate would suggest “there is never a bad time to list a house/property”, there are certainly a number of issues to be considered in marketing a property in the Ottawa winter. This is particularly true Read More...
Ottawa real estate: residential average selling prices in negative territory in October 2014
19 November 14 10:44 AM | Gord McCormick | 0 Comments   
Ottawa real estate residential prices showed a 3.2 % decrease in the average price of properties sold in October, compared to Oct 2013. While one month does not make a trend, it is only the 2 nd time this year that average selling prices in a month have Read More...
Ottawa real estate: seller tips for winter showings
18 November 14 07:44 AM | Gord McCormick | 0 Comments   
Alas, we are entering the winter doldrum season for Ottawa real estate (Nov-Feb are the slowest 4 months of the year!) Though business is much reduced, there is still activity and some buyers and sellers are still active. Winter brings some additional Read More...
June photos picture perfect for future listings
10 June 13 08:00 AM | Gord McCormick | 0 Comments   
June photos perfect for future listings! Now is the perfect time of the year to take some quality exterior photos of your property to have on file for a future listing. Yards and gardens look their best right now, before the summer heat takes its toll. Read More...
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