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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...
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 April Sales "spring ahead" seasonally but listing inventory a concern
06 May 13 07:20 AM | Gord McCormick | 0 Comments   
April delivered some relatively encouraging residential sales results with unit sales growing seasonally compared to March but remaining pretty flat compared to last year. Average selling prices were up slightly during the month. These are positive improvements 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...
Disclosure statement often overlooked by new condo buyers
03 December 12 07:22 AM | Gord McCormick | 1 Comments   
What is it and why is it important? The disclosure statement is a compilation of information describing the condo, units and amenities, financial structure, responsibility and timing, first year budget, proposed bylaws, etc.. These documents are provided Read More...
"WETT" fireplace/woodstove inspections critical tool for homeowners,buyers and sellers
23 November 12 07:54 AM | Gord McCormick | 2 Comments   
What is "WETT"? "WETT" stands for Wood Energy Technology Transfer Inc. www.wettinc.ca which is a non-profit training and education association to promote the safe and effective use of wood burning systems such as fireplaces and wood 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...
"Total cost of ownership" factors important in home buyer decisions
19 November 12 07:22 AM | Gord McCormick | 0 Comments   
Ottawa Home Buyer Tips: "Total cost of ownership" factors are important and often overlooked Buying is always an exciting process but unfortunately buyers may overlook some important ownership cost considerations in their enthusiasm. Most buyers 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...
Are "first refusal" offers making a comeback?
19 October 12 04:41 PM | Gord McCormick | 0 Comments   
The buyer offer containing a "first refusal" condition could be making a comeback in our current more challenging marketplace. With a market favouring sellers for the last many years, the first refusal offer had almost completely fallen out 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...
Just How Many REALTOR®'s are there?
02 August 12 07:32 AM | Gord McCormick | 0 Comments   
A cross section of data concerning the number of registered real estate professionals: Canada Wide: Total brokers, agents and salespeople in Canada: approx. 100,000 Number of local real estate boards in Canada: approx. 100 *source: Canadian Real Estate Read More...
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Ottawa real estate market results and trends,