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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...
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 market report Sept. 7th, 2015
07 September 15 08:40 AM | Gord McCormick | 0 Comments   
Ottawa real estate has had a pretty good summer all things considered, though prices are still pretty flat and we still have some listing inventory concerns, August was a pretty good month with decent unit sales increases for both residential properties 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...
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...
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...
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...
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...
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...
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...
Ottawa Real Estate: key questions for 2014
22 January 14 09:41 AM | Gord McCormick | 0 Comments   
2013 was certainly a slowing year in Ottawa real estate, with residential prices inching up only at an inflation level and the average condo price actually decreasing. This was a significant difference from the results over the last decade where more 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...
How FSBO Sellers Can Miss the spring market
07 May 13 12:21 PM | Gord McCormick | 0 Comments   
We are in peak real estate season right now and despite what has been a somewhat slowing market the last several months, the spring seasonal rush is on and many "For Sale by Owner" sellers miss a large chunk of the spring buyer population. Why Read More...
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