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"Coming soon" and "Exclusive" listings: who really benefits?
10 April 16 08:31 AM | Gord McCormick | 0 Comments   
You may be noticing more and more listings coming out with either a “Coming Soon” flag or sign on them or the qualifier that they are “exclusive listings, ie “…so don’t miss out and call me right away!” Do these 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...
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...
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...
Why open houses work for buyers, sellers and Realtors
09 February 15 12:23 PM | Gord McCormick | 0 Comments   
Why Open Houses work! There is always some discussion about the value of open houses but from our perspective they are a critical part of a successful marketing program. We believe that at least a third (perhaps more!) of our listing sales have been generated 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...
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...
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...
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...
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...
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...
What we "city slickers" need to know about country properties
31 January 14 07:20 AM | Gord McCormick | 0 Comments   
Many buyers consider a country residential property as their “Oasis” to get away from the density, traffic and hustle and bustle of our urban and suburban neighbourhoods. Fortunately, we have many excellent “country suburbs” or 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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