Browse by Tags

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...
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...
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...
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 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...
Ottawa real estate Feb 2015: Listing inventory continues to pile up while sales and prices stagnate
05 March 15 04:12 PM | Gord McCormick | 0 Comments   
Frigid February 2015 Freezes Ottawa Real Estate: No surprise that it was tough sledding in Ottawa real estate in February. Record setting cold during the month certainly deterred many buyers, so hopefully they will be back in the market for the spring 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: 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: 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...
More Posts Next page »

This Blog

Tags

Syndication