All Posts in Category

Blog

RECORD JULY SALES IN 15 YEARS

I hope everyone’s been enjoying this beautiful summer heat (let’s be honest, the past 6 weeks have been phenomenal :)) Speaking of extreme heat, our real estate market is still red hot.  Ottawa had the highest number of July sales…

Read more

THE CONDO COMEBACK?!

TRINITY CENTER - OTTAWA AT BAYVIEW - CONDOS

Yes,  after a 5 year slump, we’re seeing a major resurgence of condos in Ottawa. In light of the extremely low inventory and rising prices, we’re seeing more new condo developments popping up again (think, 2010 to 2012 condo boom).  …

Read more

MORTGAGE PROPOSAL – FEDERAL BUDGET 2019

HOMES IN CANADA - MORTGAGE RULES 2019 - CHRIS STEEVES REAL ESTATE

I’ve said it before and I’ll say it again, the issue we’re having with housing affordability is primarily due to a lack of supply/inventory.   In many major cities, there simply aren’t many homes for sale which inevitably forces the pricing…

Read more

LEBRETON FLATS – Back to the Drawing Board

LEBRETON FLATS - 2019 - CHRIS STEEVES OTTAWA REAL ESTATE

The last efforts to negotiate the current bid on Lebreton Flats, have now officially died.   Eugene Melnyk of the Ottawa Senators, and Jon Ruddy of Trinity Developments, have not resolved their legal battle, and did not arrange an agreeable deal…

Read more

AIRBNB OTTAWA INVESTMENTS

AIRBNB OTTAWA CONDO - REAL ESTATE - CHRIS STEEVES

With Ottawa being the red hot spot for real estate investing in Canada right now, a lot of you are wondering what to buy in this great city.   What are the best investments?   Where can I get solid cashflow in…

Read more

OCTOBER HOME SALES – 2018

900 ALBERT - TRINITY CENTRE - OTTAWA REAL ESTATE - LEBRETON FLATS

  Once again, this city continues to boom with real estate sales, and October was no exception.  Realtors are setting new records, and average prices continue to rise. SALES STATS: The Ottawa Real Estate Board saw residential sales volume increase…

Read more

OTTAWA MARKET UPDATE – SUMMER 2018

CHRIS STEEVES - OTTAWA REALTOR - 2018

Happy end-of-summer y’all!    (yes, we’re all sad to see it go) I truly hope that everyone had a phenomenal summer.   It was one of the best summer’s Ottawa seen awhile in my opinion, with so many hot, sunny days. …

Read more

HOW TO GET MORE MONEY FOR YOUR HOME SALE

BRIGHT OPEN LIVING SPACE - HOME LISTINGS - OTTAWA - CHRIS STEEVES REAL ESTATE

One of the most frustrating things for both a home seller and their realtor, is when the home takes forever to sell.    If the market is steady, and the buyers are out there, then why is your home not…

Read more

OTTAWA MARKET STATS – MARCH 2018

March 2018 Sales Stats for Ottawa, Ontario Real Estate

It’s the spring time once again (despite a couple unwelcome snowfalls last week :)) and the real estate market is on fire (again)! Ottawa Sales Stats: March was a busy month!  Compared to March of 2017, March of 2018 saw…

Read more

LOW INVENTORY CONTINUES TO DRIVE OTTAWA REAL ESTATE PRICES

Market Stats:  So, here’s the quick update on Ottawa’s real estate market as of right now: The very low inventory levels are forcing home prices to continue rising (some neighborhoods are absolutely red hot right now).  Comparing February sales numbers…

Read more