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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 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...
Semi-detached homes offer great compromise for both first time buyers and those downsizing
04 April 13 06:39 AM | Gord McCormick | 0 Comments   
Semi detached homes which feature one common wall with another dwelling seem to be popping up all over the place. From infill projects in the core to new suburban construction, the semi-detached home seems to be having a great renewal in popularity. When Read More...
Ottawa home buyer time saving tips
04 April 13 05:27 AM | Gord McCormick | 0 Comments   
-engage a REALTOR® who is a good personal fit and will be able to respond to you how and when you wish. -be "on the same page with your spouse" on housing criterion and share your list of mandatory and desirable features with your REALTOR® Read More...
What you can expect to pay for housing in Ottawa
19 March 13 10:19 AM | Gord McCormick | 0 Comments   
Here is a summary of average selling prices by housing type based on results for 2013 up until the end of February 2013. These are only averages of course and will vary by area, age of house, house features etc. Our current residential real estate market Read More...
"Chilly" January continues 7 month trend in Ottawa real estate
07 February 13 05:16 AM | Gord McCormick | 0 Comments   
Transactions and residential average selling price dip: Ottawa got off to an even slower start than usual, posting an 11.7% decrease in the number of sales transactions in January with 602 residential and condo units being sold. The average residential Read More...
DND IRP Review could impact Ottawa real estate
05 February 13 06:14 AM | Gord McCormick | 1 Comments   
What is IRP? A recent article (Jan 29 th , 2013) in the Ottawa Citizen discusses a review being conducted by the Pierre Daigle, the DND Ombudsman in to the Military Integrated Relocation Program (IRP). This program is used to move large numbers of military Read More...
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