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OTTAWA REAL ESTATE BLOG


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REAL ESTATE BLOG
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Tiny Homes are a Big Deal
Tiny Homes are a Big Deal What are Tiny Homes? Tiny Homes are exactly what they sound like: small, custom homes that may be built on wheels. They’re becoming increasingly trendy, mainly for singles and young couples as a method of downsizing and reducing living costs. Buying a regular size house or apartment is too […]
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How Do Agents Determine Property Prices
How Do Agents Determine Property Prices: Breaking Down the Comparative Market Analysis on Your Property For those who have experience buying or selling real estate, the term Comparative Market Analysis (CMA) is something you may have heard about in the past. Broken down, the term refers to determining the value of a property for sale, […]
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Beyond the Sign: Moving time! 8 tips to help your move go smoothly
Beyond the Sign: Moving time! 8 tips to help your move go smoothly. Moving can be a daunting experience, especially if it's your first time doing so. Whether you are planning an upcoming move to or within the city of Ottawa, there are certain steps that you can take to ensure that the process goes […]
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Helping Your Adult Children Buy a Home
Helping Your Adult Children Buy a Home: There is a lot of worry today about whether or not millennials will be able to afford to buy a home. While there are many factors and hurdles that contribute to this, when it is boiled down to the most basic issues, housing prices were substantially lower in […]
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Beyond the Sign: Time for a change? A career in real estate might be exactly what you are looking for.
Beyond the Sign: Time for a change? A career in real estate might be exactly what you are looking for. Do you find yourself spending time scouring new real estate listings and checking out sold prices? Do you love keeping track of the housing market trends? Are you looking for an exciting career where you can […]
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What is The Hype Around Ottawa’s Boom Towns
What is The Hype Around Ottawa’s Boom Towns: Why “Rural” Ottawa Continues to Grow While we have seen an increase in home prices steady across the province over the last two years, rural outlier communities like Carleton Place, Arnprior and Kemptville have seen unprecedented growth and attention, handing them over “Boom Town” status. These Ottawa area […]
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What Will Your Next House Look Like?
What Will Your Next House Look Like? 10 Factors to Consider   Spring is such an exciting season for real estate professionals! New and current homeowners are gearing up to buy, and sellers are getting ready to cash in on their investment, and our TEAM is excited to help all clients navigate this process. However, […]
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6 Amazing Home Renovation Trends you don’t want to miss!
6 Amazing Home Renovation Trends you don’t want to miss! While many people believe that new beginnings start when we ring in the new year, those familiar with real estate know that the real time for new beginnings is spring. As the snow melts away and buyers and sellers are getting geared up for making […]
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Beyond the Sign: Looking ahead at Ottawa’s spring and summer real estate markets
Beyond the Sign: Royal LePage Team Realty is featured in the City News article about how the Ottawa real estate market is heating up! After two years of COVID restrictions, the rules ease, and REALTORS® have begun holding in-person open houses again. As a result, according to experts, the local housing markets for both city […]
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Beyond the Sign: Worry-Free Winter Listing: 5 Reasons to Sell in the Cold Season
Royal LePage Team Realty was recently featured in a CityNews article selling in winter.  It may not sound like the most desirable season to list, but what many don’t know is that the cold weather season has an abundance of benefits that make the experience worthwhile. See here how selling your home this winter could […]
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Protecting Your Biggest Asset
Protecting Your Biggest Asset: If you have ever dropped your Iphone into water, or purchased a new car that malfunctions only a short time after, you are likely grateful for the all encompassing “warranty” that can resolve your problems at minimal cost. Protecting your assets is one of the smartest decisions you can make, and […]
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Home Staging: How to Make Your Home POP on a Budget
Home Staging: How to Make Your Home POP on a Budget. When it comes to selling your home, the process can be emotional,  time-consuming, and at times may feel overwhelming. After all, this is the house that you have spent years transforming into the perfect home, a safe place for you and your family. Now, […]
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Scrapping Racially Insensitive Terminology: Saying So-Long to the “Master” Bedroom
Have you noticed the gradual shift in terminology in MLS listings lately? If you're wondering when the term Primary Bedroom made its way into the home, and why, the short version is that it has become time to ditch the dated and discriminatory terms that have been normalized in our society. As an industry, we […]
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Higher Interest Rates on the Horizon: How Will You Be Affected?
As many of us saw in recent years, the global pandemic kicked off a drop in interest rates and the cost of borrowing money was lower than it had been in a while. However now, as the economy heads towards recovery, rising interest rates are a reality with whispers of bigger increases on the horizon. […]
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Your Guide to Buying a Secondary Property in 2022
Buying a second property is an exciting venture, and for existing homeowners, there are different opportunities available to help make that dream become a reality. Secondary properties are purchased for many reasons, and in many cases can be a practical purchase that meets a variety of different needs. Whether you are looking to own two […]
STATISTICS
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Market Snapshot: Ottawa Real Estate December 2018
That's a wrap: Ottawa Real Estate Market December 2018! As 2018 wrapped up, the inventory shortage has had a ripple effect; while residential sales were down slightly, it also fuelled the condominium market. Overall, 2018 was another stellar year in Ottawa real estate!  If you’re thinking of making a move in 2019, we know real […]
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As Markets Across Canada are cooling, the Ottawa Real Estate Market Remains Strong & Steady
The Latest Ottawa Real Estate Trends - November 2018 While most markets across Canada are cooling, Ottawa’s market performance is strong and steady as it has been for many years.  Ottawa's housing affordability and high employment levels shelter us somewhat from the dramatic swings that can cause instability.  Sales were down 5.4% from November 2019, […]
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Ottawa Real Estate Market Snapshot October 2018
Highlights from the Ottawa Real Estate Board's Latest News Release read full story Halloween has not Scared Away Home Buyers “October’s sales are truly indicative of the fast-paced market we have experienced for much of 2018,” points out Ottawa Real Estate Board President, Ralph Shaw. “In some pockets of the city, listings are not lingering […]
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“Autumn Leaves are Falling; Home Prices are Not” | Ottawa Real Estate: Market Snapshot September 2018
Notable numbers in Ottawa: Market Snapshot September 2018 Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  October 3, 2018 via the Ottawa Real Estate Board “We continue to experience supply-side issues going into our fall market. The fact is, the number of residential sales would be much higher had we […]
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August 2018 Notable Numbers in Ottawa Real Estate
Ottawa Real Estate: Market Snapshot August 2018 We continue to see a healthy real estate market in Ottawa, with inventory levels are improving but still lower than we've seen in previous years.  Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca  Summer Ends, Active Real Estate Market Continues… September 6, 2018 […]
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Ottawa Real Estate Market Snapshot: June 2018 
June 2018 in Ottawa Real Estate: Market Snapshot Ottawa Real Estate Market Snapshot: June 2018:  The Ottawa Condo market is leading the way in units sold, up over 16% in the first half of 2018 compared to the same time period last year, experts say Buyers looking for affordable homes may be turning to the […]
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Hot Real Estate Market in an Icy April
The Spring market continues to buzz in Ottawa real estate, with the number of sales up over 13% in April in spite of inventory levels being down 23% over this time last year.  Home buyers are seeing more competition, which is good news for sellers.   Certainly we are seeing more multiple offers and higher sale […]
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March Market Snapshot
Buyers Get a Jump on the Spring Market taken from the Ottawa Real Estate Board  April 5, 2018 Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,478 in March 2017, an increase of 12.3 per cent. The five-year average for March […]
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Wanted: Ottawa Homes for Sale
Wanted: Ottawa Homes For Sale When the calendar rolled over into 2018 many real estate experts across Canada were speculating the housing market to "cool off" with  tighter mortgage rules and higher interest rates impacting home buyers.  While that may be the case in other real estate markets,  in the Ottawa Real Estate market the biggest […]
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Ottawa Real Estate Update: October Market Snapshot
posted November 2nd, 2017 by the Ottawa Real Estate Board "Leaves may be falling, but the real estate market is not" OTTAWA, Nov. 2, 2017 - Members of the Ottawa Real Estate Board sold 1,243 residential properties in October through the Board’s Multiple Listing Service® System,compared with 1,214 in October 2016, an increase of 2.3 […]
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Ottawa Real Estate Highlights September 2017
“Steady September contributes to strong third quarter for 2017” It's hard to believe that the fall real estate market has arrived, but here we are in October!  If you've been following Ottawa real estate this year you'll know that it's been a record breaker, particularly with the number of sales year over year.  According to […]
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Market update! Latest news in Ottawa Real Estate August 2017 Stats
Condo sales help set new record for August unit sales OTTAWA, September 6, 2017 - Members of the Ottawa Real Estate Board sold 1,538 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,481 in August 2016, an increase of 3.8 per cent. The five-year average for August sales is 1,343. “Condo sales […]
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“a Stellar year so far”…Ottawa Real Estate Snapshot June 2017
We are still seeing lower than normal inventory, more multiple offer situations and fewer days on the market which is good for sellers but with prices remaining “relatively steady”, it is also good news for Buyers.  Check out the highlights below and send us an email to info@teamrealty.ca for details and info on specific properties, we love […]
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Ottawa Real Estate Snapshot May 2017
Another record breaking month in the Ottawa Real Estate market with the highest number of properties sold in one month ever recorded! The Ottawa condo market is gaining significant strength, with 44 Condos sold last month, that's 44.6% more than May 2016.  We are still seeing lower than normal inventory, more multiple offer situations and […]
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Latest Real Estate Market Snapshot: April 2017
Curious about what’s going on in the Ottawa Real Estate Market?   Below are some highlights of our April 2017 market.  Curious about a certain area?  Please contact us and/or one of our Sales Representatives  for details, we have up to date statistics on all Ottawa neighbourhoods and the surrounding areas. Spring Market Continues to […]
COMMUNITY SUPPORT