Welcome to the May 2023 Ottawa Real Estate Market Update, where shifts in transactions and prices unfold. Despite a 40% decline in sales, price adjustments are evident, with Freehold and condo prices down 17% and 13%. Year-to-date figures hint at a recovery. The market’s pace is picking up, inventory levels show balance, and despite interest rate adjustments, opportunities abound for both buyers and sellers in Ottawa’s dynamic market. Connect with us to explore your options and goals.
14 Rein Terrace Price = $739,900 Description: This is the one you have been waiting for! Meticulously maintained detached home in Bridlewood, with tons of recent upgrades (see attachments.) This home is perfectly located near all major amenities, transportation, parks, and schools. Large front foyer with inside entry to garage, front hall closet, side door […]
What is Title Insurance? Title insurance is a type of insurance that provides protection against loss or damage that may occur as a result of defects or issues with the title of a property. It is a form of indemnity insurance that protects both the owner of the property and their lender. What does Title […]
Welcome to the April 2023 Ottawa Real Estate Market Update, where we unpack recent trends. Amid a 40% dip in transactions from last year, cautious buyers are observing disruptions in interest rates. Both freehold and condo prices have gradually declined, hinting at a controlled market adjustment. Signs of stabilization and growing demand indicate a future of rising prices, making this an opportune moment for both first-time buyers and investors. Discover the evolving landscape and potential opportunities ahead.
Keep calm and be prepared. Don’t let the next power outage catch you off guard. Here’s what you need to know to be ready for the unexpected!
88 Locheland Crescent, Ottawa Price = $555,000 Description: Welcome home to this well kept mid-unit Richcraft townhouse in Rideaucrest-Barrhaven. Enter into the foyer with inside garage entry with a large coat closet and quaint powder room. The main level is spacious with hardwood that flows from living room into the dining space. The kitchen features […]
With all the talk in Ontario recently surrounding scammers selling homes out from underneath real homeowners, we can understand the anxiety that many may be feeling during a time of uncertainty when it comes to title insurance. Title insurance has some nuance to it, so today we figured we would provide you with some insights […]
Finding the right home can be an exciting and challenging task. We are here to help, it’s what we love to do. Read more about how to find the home that is right for you.
Last year, if you sneezed, a house had sold. It was that fast! It is more balanced this year and we are glad to see it. Last year we emphasized how unbalanced the Ottawa market was, and we are glad to see it returning to a more healthy market for everyone. Both buyers and sellers […]
The Ottawa Real Estate Market is feeling very balanced right now. There are some hot spots where homes are moving very quickly, and the average number of days it takes to sell your home is varied, depending on many different factors. This is one reason that it is important to have a trusted Real Estate […]
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