OTTAWA MARKET STATS – MARCH 2018

Aug 9, 2021 | Blog

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 home sales increase 12.3 per cent.  Now that’s...

OTTAWA’S MARKET – MAY 2018

Aug 9, 2021 | Blog

Good morning Ottawa!!  What can I say, it’s an exciting time for Ottawa and it’s hot real estate market.    And why wouldn’t it be; we have a very beautiful city here   Quick Stats: Prices are up once again, while sales volume has dipped slightly.  Again, this is...

HOW TO GET MORE MONEY FOR YOUR HOME SALE

Aug 9, 2021 | Blog

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 selling? Here’s the ‘Chris Steeves‘ answer to how to get your home...

OTTAWA MARKET UPDATE – SUMMER 2018

Aug 9, 2021 | Blog

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.  Perfect weather for many events: Bluesfest, Jazzfest,...

COMMERCIAL OFFICE MARKET – OTTAWA

Aug 9, 2021 | General

The commercial office space market in Ottawa is currently undergoing a major shift. Only 2 years ago, vacancy rates in the downtown business district were on the rise.  The feds were making cuts, and office space was being abandoned.    Then, we saw the tides turning...

OCTOBER HOME SALES – 2018

Aug 9, 2021 | Blog

  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 11.8 per...

AIRBNB OTTAWA INVESTMENTS

Aug 9, 2021 | Blog, General

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 good quality buildings? You will hear a different answer...

LEBRETON FLATS – Back to the Drawing Board

Aug 9, 2021 | Blog

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 with the city. Staying...

MORTGAGE PROPOSAL – FEDERAL BUDGET 2019

Aug 9, 2021 | Blog

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 to shoot through the roof. ...

SPRING MARKET COMES EARLY TO OTTAWA

Aug 9, 2021 | General

Welcome to the red hot spring real estate market, and a lovely April snowfall today (is this really happening?!) With Ottawa’s continued insatiable demand for properties, we’ve just surpassed Calgary for 4th most expensive housing market in Canada (not sure if this is...