Archives for Real Estate Information

Second-best April on record for Ottawa Real Estate!

April was a busy month in Ottawa Real Estate…see the most recent market highlights below -information provided by the Ottawa Real Estate Board Members of the Ottawa Real Estate Board sold 1,714 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,567 in April 2015, an increase of 9.4 per cent. The five-year average for April sales is 1,568. “The Ottawa resale market continued its steady pace upwards in April, making it the best April for unit sales on record since 2010,” says Shane Silva, President of the Ottawa Real Estate Board. “Units sold are up
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Ottawa Real Estate Market Snapshot March 2016

Ottawa Real Estate: March market springs into action!  The following information provided by the Ottawa Real Estate Board.  Members of the Ottawa Real Estate Board sold 1,166 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,200 in March 2015, a decrease of 2.8 per cent. The five-year average for March sales is 1,220. “We are definitely seeing a resale market increase from the previous month, with 256 more properties sold in March over February,” says President of the Ottawa Real Estate Board, Shane Silva. “Properties are starting to sell faster, indicating that we are heading
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How Important Is Home Staging?

Because the Internet has changed the way we buy and sell homes, most real estate professionals believe home staging is critical to selling success. Almost all home buyers begin their search online meaning sellers need to make a good first impression so potential buyers want to see their home in person. Hence, staging has taken the residential real estate industry by storm and many sellers are hiring professionals to help them make that first impression. National Association of Realtors (NAR) President Chris Polychron says “staging is an excellent tool that can be used to give a home a little extra
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Real Estate Snapshot February 2016

   What a difference a day makes!  An extra day in February saw 46 sales on that day (February 29th) as per the Ottawa Real Estate Board’s president.   See the full Ottawa Real Estate market snapshot and press release from the Ottawa Real Estate Board below. With spring around the corner, we’re starting to see more homes come on the market, if you’re thinking of selling now is a great time to get your home listed with a real estate professional.  While statistics are useful in establishing trends they should not be used as an indicator of an increase or
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Congratulations to our Award Winners

At Royal LePage Team Realty helping YOU is what we do and we couldn’t do that without a dedicated network of real estate professionals.  We would like to take this opportunity to congratulate our 2015 Award winners and thank them for their hard work and dedication.  We are so proud to work with those who consistently go above and beyond to ensure their clients are provided with excellent real estate service. Looking forward to an awesome 2016! jQuery(document).ready(function($) { var mpImageSlider = $(“.motopress-image-slider-obj#56d91f4bba561”); if (mpImageSlider.data(“flexslider”)) { mpImageSlider.flexslider(“destroy”); } if (!true) mpImageSlider.css(“margin-bottom”, 0); mpImageSlider.flexslider({ slideshow: true, animation: “fade”, controlNav: true, slideshowSpeed: 3000, animationSpeed: 600,
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Ottawa Real Estate Market Eases off with Cooler January Weather

Ottawa Real Estate “Market  Snapshot”  January 2016       Statistics  are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties.  If you are curious about the value of your home and/or specific neighbourhood statistics we would be happy to provide you with information, no obligation, please contact us at info@teamrealty.ca if you have any questions.  We look forward to hearing from you!  _________________________________________________________________________________________________________ *provided by the Ottawa Real Estate Board  Members of the Ottawa Real Estate Board sold 601 residential properties in January through the Board’s Multiple
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Record-breaking December, contributes to a strong 2015

Record-breaking December, contributes to a strong 2015 – Latest News from the Ottawa Real Estate Board  Ottawa, January 6, 2016 – Members of the Ottawa Real Estate Board sold 703 residential properties in December through the Board’s Multiple Listing Service® System, compared with 638 in December 2014, an increase of 10.2 per cent. The five-year average for December sales is 653. The total number of residential and condo units sold through the Board’s MLS® System throughout all of 2015 was 14,658, compared with 13,919 in 2014, an increase of 5.3 per cent. Separately, residential and condounit sales each outperformed the 2014 numbers. “Looking back
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Don’t tax my dream campaign succeeds

  The efforts of the Ontario Real Estate Association (OREA) and the Progressive Conservatives were recently rewarded when the provincial government decided they would NOT be expanding the municipal land transfer tax program.   Liberals keep election promise   In an unexpected announcement during the legislature’s question period, Municipal Affairs Minister Ted McMeekin ended concerns that the Liberals would break their election campaign promise and allow other cities and towns to introduce the tax. “There has been no call, at all, for a municipal land transfer tax,” he said, “nor is there any legislation before the House that would allow
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8 steps to getting started in property investment

  This propertyinvestment.com post from Nila Sweeney is an excellent primer for those who want to start a property portfolio. First, check your finances to see how much you can invest and get mortgage pre-approval.   Then, define what success means for you, as well as the level of risk you are comfortable with, and set your goals. Next, start budgeting and create a purchase plan.   Finally, research the market for opportunities that meet your criteria and approach them as business transactions, applying logic rather than being swayed by your emotional attachment. To read more click here. Source: Blog
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Canadian Home Prices Are Growing At One Of The Fastest Paces In The World

  The Canadian real estate market continues to boom, according to this Financial Post offering.  With a year-over-year increase of 8.2%, Canada ranked 4th of the 23 countries studied in Scotiabank’s report Global Real Estate Trends, behind Ireland (13.3%), Sweden (10.5%) and Australia (8.3%).  However, the report warns the trend could change if economic uncertainty and high unemployment counterbalance the attraction of low borrowing costs.  To read more click here. The post Canadian Home Prices Are Growing At One Of The Fastest Paces In The World appeared first on Team Realty. Source: Blog
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