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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...
Could mandatory energy audits and the MLTT be in place by Spring 2016?
29 June 15 03:21 PM | Gord McCormick | 0 Comments   
Mandatory Energy audits and the MLTT: two good reasons to buy or sell now! Buyers and sellers should both be concerned with two pending agenda items on the Provincial Government review list: the potential implementation of mandatory green energy audits 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...
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...
Good news and bad in Ottawa real estate 2014
08 August 14 09:01 AM | Gord McCormick | 0 Comments   
Well in to August and our real estate market has demonstrated a middling performance at best. Transactions and prices are pretty flat compared to previous years in the resale market and the new home market is also flat but is 17% off the 5 year average. Read More...
Ottawa sellers adjust price expectations to get deals done in July 2014
07 August 14 11:32 AM | Gord McCormick | 0 Comments   
Our continuing heavy listing inventory conditions continue through mid-summer and we believe sellers adjusted their price expectations to get deals done in July. July sales transactions trend: On a transaction basis, sales were pretty good in July: residential Read More...
Is a buyer's market coming to Ottawa real estate? ...or is it already here?
07 July 14 07:05 AM | Gord McCormick | 0 Comments   
Ottawa Real Estate: June 2014 results Listing inventory level remains key issue in very competitive Ottawa Market June Sales: Depending on your point of view, June sales were either steady or lacklustre with residential properties showing a slight increase Read More...
Ottawa real estate: May sales OK but listing inventory levels critically high
06 June 14 08:31 AM | Gord McCormick | 0 Comments   
Ottawa May Real Estate Results 2014 May Sales OK but listing inventory surges to worrisome levels Sales: Sales results were generally steady (or flat, depending your perspective) in May 2014. Residential sales transactions showed a slight increase over Read More...
REALTOR® experience and assistance can be invaluable in new construction home purchase
15 April 14 08:55 AM | Gord McCormick | 0 Comments   
Many buyers do not realize that real estate professionals are also on top of builder offerings in the area. We have to be, as builder properties are very much a competitive issue in the marketplace and impact pricing and marketability of our resale listings. Read More...
Beware of "headlines" in shaping real estate plans
28 January 14 11:12 AM | Gord McCormick | 0 Comments   
The last year or year and a half has provided an amazing disparity of headlines concerning the real estate market and where it is headed. We have seen a myriad of headlines in print and online media varying from “strong spring market” predictions Read More...

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