OTTAWA REAL ESTATE BLOG
Ottawa Real Estate Market Update: Spring is finally here!
Is now the right time for YOU to buy or sell? For a full report of what's going on in your Ottawa area neighbourhood talk to your Royal LePage Sales Representative or if you’re looking for a great Realtor®, e-mail Kent Browne kent@royallepage.ca or 613-725-1171. Helping YOU is what we do. _______________________________________________________________________ Busy spring season […]
Resale buyers brave the February freeze
Members of the Ottawa Real Estate Board sold 853 residential properties in February through the Board's Multiple Listing Service® system, compared with 868 in February 2014, a decrease of 1.7 per cent. The five-year average for February sales is 914. "Even though we had one of the coldest months on record, resales for […]
Royal LePage House Price Survey: Ottawa trending towards a Buyer’s Market
OTTAWA RECORDS FLAT HOUSING MARKET IN THE THIRD QUARTER High inventory leads to an uneventful third quarter OTTAWA, October 15, 2014 - The Royal LePage House Price Survey released today saw prices for homes in Ottawa remain relatively flat. Detached bungalows and standard two-storey homes increased 1.2 per cent year-over-year to $403,091 and $406,264, respectively. Standard condominiums saw a […]
Square Footage of Homes… Why Such a Mystery?
When it comes to measuring square footage for a home or condominium it’s not so easy! Buyers always ask their sales representative for information on the square footage of the home they are considering buying and realtors always want to know approximately how many square feet exists in the home or condominium they are […]
Campaign Launched By Provincial Realtors to Stop the Spread of Another Costly Home Owner’s Tax
Help us in an effort to “Say no to another home owner tax” – It is our mission to help prevent the spread of a new municipal land transfer tax (MLTT). This tax is in addition to the Land Transfer Tax a consumer already pays to the province when purchasing real estate and this provincial […]
Royal LePage Team Agent’s Love Their Neighbourhoods!
Your Royal LePage Team Agents from across Ottawa and surrounding areas want to recognize those individuals that make our communities such a great place to live. Collectively they have created a Contest to allow for you to tell them about your “Great Neighbour”. Tell a Royal LePage Team Agent About Your Great Neighbour and […]
Spring is an Exciting Time to Buy a Home!
Finally it feels like Spring has arrived and with it comes an increased desire by consumers to start looking at the potential of buying a new home. If the home buying bug has taken a nip at you this spring, consider enlisting the services of a Trained Real Estate Professional who can ultimately save you […]
Royal LePage’s New Mobile App Breaks Industry Barriers With Draw-and-Search Feature
Royal LePage, in partnership with award-winning mobile agency Plastic Mobile, recently announced the launch of the Royal LePage mobile app for Canadian house hunters. Available for iPhone, the new app is simplifying the property search process down to the swipe of a finger. The app’s innovative Draw-and-Search feature allows users to easily zero in on a specific […]
Ottawa Residential Housing Price Increases between 1956 and 2013
As the Nation’s Capital, Ottawa has always been a great city in which to buy real estate, whether for home ownership or investment purposes. Over the years, when the rest of the country was experiencing dramatic downturns in their real estate markets, Ottawa seemed to be insulated and the housing market remained steady. This historical […]
Now Sellers Can Choose Their Commission Rate
Today more than ever, consumers have choices when it comes to what commission rate they will pay when listing their home for sale. From flat fees to full service fees, and many options in between, it seems that consumers are spoiled for choice. But if you’re considering listing your home for sale, you simply must […]
Condominium Living
An Ideal Lifestyle for Some People Wanting Freedom and Forced Savings for Repairs and Replacement So you want to purchase a home but don’t want to spend your weekends mowing the lawn or shoveling snow. Then condominium living may be just what you’re looking for! With a condominium, you own your individual unit in a […]
Mortgages today offer a new form of hidden savings!
In years past, when Canadians faced an array of higher interest rates, the majority of the home owner’s monthly mortgage payment at the beginning of the mortgage went to paying down the interest, leaving the principal relatively untouched. The following chart shows just how much the interest rate can impact monthly mortgage payments, the […]
Buying Real Estate for Your Child
For parents faced with the prospect of their children attending a post secondary school in another community, city or province, and finding suitable living accommodations for their loved one can be somewhat daunting… and trying to find that perfect home away from home can sometimes be an impossibility. An alternative, when taking into consideration the […]
Making a Claim in Small Claims Court
The information provided below is not legal advice, and it may not apply in every situation. Before making a claim, there are a number of factors you may want to consider, and a number of pieces of information you will need to collect. 1. You Will Need the Legal Name of the Person or Business. […]