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Lots of potential potholes in Ottawa real estate for 2016
07 February 16 02:46 PM | Gord McCormick | 0 Comments   
Like it or not, our local economy is dominated by Federal government activity and there are a lot of potential potholes we may face as the new government sets out to try and keep all the promises it has made. Will Liberal history repeat itself? Trudeau 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 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...
How to avoid basement deal killers in summer listings
22 May 15 06:51 PM | Gord McCormick | 0 Comments   
Summer is a lovely time of year but unfortunately can raise some significant buyer issues which are real impediments to getting deals done. Though in most cases these issues are solvable, sellers should be cautious to review carefully the air quality 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...
Listing inventory still the story in Ottawa real estate in September
05 October 13 06:01 AM | Gord McCormick | 0 Comments   
Listing inventory: (compared to 5 year average 2008-2012 at Sept month end) # residential listings: +28% # condo resale listings: +79.5% To put these numbers in some perspective, this means we have approx. 1,200 additional residential listings and almost Read More...
Will the Strandherd-Armstrong bridge impact real estate in Barrhaven and Riverside South?
30 September 13 11:27 AM | Gord McCormick | 0 Comments   
The long awaited bridge across the Rideau River is hopefully going to open sometime in 2014. Will this link change the real estate dynamics in the newly joined communities? Will one community or the other benefit? (or lose!) Here are some key questions Read More...
Why is my property not selling?
14 May 13 08:57 AM | Gord McCormick | 0 Comments   
Having a property listed for an extended period is very stressful and either delays, cancels or forces changes to one's plans. As we are in a period with some historically high listing inventory levels, we are seeing a lot of properties on the market Read More...
Condo Act review consumer input due by March 11th
22 February 13 11:32 AM | Gord McCormick | 0 Comments   
Condo Act Review: time is running out for consumer input The Ontario Condominium Act is currently in the final phases of being reviewed to determine updates to the legislation and what changes are needed. With the proliferation of condos, many problems Read More...
Hot Water Tanks: 4 things 75% of us don't do!
10 February 13 06:13 AM | Gord McCormick | 0 Comments   
Hot water tanks are largely forgotten in the corner of the basement near the furnace and as long as they work, most of us are happy to leave them alone. However, like any mechanical device or system, they need maintenance to ensure effective and efficient Read More...
Local firm helps homeowners and businesses with MPAC property tax assessment appeals
22 November 12 05:29 AM | Gord McCormick | 0 Comments   
Background: Property Tax Review Services http://www.propertytaxreview.com/ is a Stittsville based firm that helps businesses and consumers who want to make sure their property tax assessment is not too high and results in unfair taxes. This is very timely Read More...
The real estate downsizing dilemma
20 October 12 07:46 AM | Gord McCormick | 1 Comments   
Many of us are either considering a downsizing move or have recently done so. There are many hurdles to overcome in researching options and then making what will ultimately prove to be a successful choice. Some of the many issues we see with clients (and Read More...
Little to be thankful for in September results for Ottawa real estate
05 October 12 05:20 AM | Gord McCormick | 0 Comments   
As we get ready to enjoy our Thanksgiving weekend, the Ottawa Real Estate Board has just released some less than encouraging results for the month of September, continuing a trend of spotty results registered over the last few months. The number of residential Read More...
Seller Strategies in a Buyer's Market
01 October 12 08:47 AM | Gord McCormick | 7 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...
July 2012 continues cooling trend in Ottawa real estate
05 August 12 08:17 AM | Gord McCormick | 3 Comments   
The resale market for residential homes and condos continued to show signs of cooling, based on July sales results. The number of sales transactions for the month was 1,366 residential properties and condos sold for a slight increase over 2011 of 3.4% Read More...
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