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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...
Ottawa real estate: seller strategies in a tougher market
18 November 14 07:15 AM | Gord McCormick | 0 Comments   
The Ottawa Real Estate Board has recently hinted in its October 2014 news release that our market is "..moving in to Buyer's territory". Given our high listing inventory levels and a rare monthly price decrease in average prices of properties Read More...
Lower Seasonal fall unit sales a worry for Ottawa sellers
29 September 14 10:56 AM | Gord McCormick | 0 Comments   
As the leaves fall, so does the number of potential buyers-get it sold now! We still have a few weeks of good fall selling season ahead of us but these are dwindling quickly and we are already almost half way through the strongest portion of fall sales. Read More...
Excess listing inventory the dominant factor in August 2014 Ottawa real estate results
06 September 14 09:44 AM | Gord McCormick | 0 Comments   
Ottawa Real Estate Market Results August 2014 Residential sales steady, condos lag, listing inventory high, prices flat A tougher market environment for most sellers continues in Ottawa, based on August 2014 results from the Ottawa Real Estate Board. Read More...
Why are so many Ottawa listings overpriced?
24 August 14 09:19 AM | Gord McCormick | 0 Comments   
...it has been a long spring and summer for many Ottawa sellers: why is that? Our Ottawa real estate market has been slowing for two years and we have been accumulating excess listing inventory steadily during that time to the level where we now have Read More...
Selling next spring? ....time is running out!
22 August 12 03:59 AM | Gord McCormick | 0 Comments   
You're kidding me right? We are not even at the end of August, yet "time is running out". Well, think about it, there are only a few weeks of summer remaining (sorry!) and then fall with weather warm enough to do a lot of outdoor tuneups Read More...

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