Real Estate Blog

Ottawa and Real Estate Market Snapshot April 2021

The April 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The strongest April on record. With more sales and accelerated price increases the continued lack of supply is apparent. The pandemic has homeowners focusing on living space, driving the demand for change. If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime! March 2021 Market Snapshot www.teamrealty.ca/real-estate-s...

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Ottawa and Real Estate Market Snapshot March 2021

The March 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The long-term inventory shortage continues to drive prices however, the number of residential properties sold in March of 2021 is over double the number of properties that sold just one year prior. The Spring market sure has sprung! If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime! Market Report Request Name ...

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6 Things To Do Before Settling Into Your New Home

Buying a home is an exciting time for both new home buyers and experienced buyers alike. It is a fresh start, with new walls to build your life within. However, once the move begins, things can feel stressful, frantic, and exhausting, especially if there’s extra work to be done while boxes are being piled one on top of another. To make your transition go smoothly, we have compiled a list of 6 things to do before settling into your home. This will undoubtedly save you time and energy that could be put to better use come moving day. Update Your Informatio...

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How COVID-19 changed the face of Real Estate in Ottawa

Real Estate in Ottawa has been a hot topic for some time now. Despite the industry’s sudden shutdown at the beginning of the pandemic, home sales picked up as soon as it was announced that the Real Estate industry was deemed an essential service. Since then, Ottawa residents have been fascinated as they watch homes sell within days of going live on MLS®, often with prices considerably above their asking price. It was humbling to see how the market transformed during the early stages of the pandemic. Like most Canadian industries, Real Estate had to...

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Ottawa and Real Estate Market Snapshot February 2021

The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days in February of 2020. If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests. Message us anytime! Market ...

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5 Winter Home Selling Tips to Elevate Curb Appeal

While some people look down on it, selling your home in the winter can actually be a great experience. Buyers this time of year are more serious, and with a currently low inventory, Real Estate in Ottawa is advantageous for sellers. Many homes sold in the winter months have had multiple offers, and have sold for above-asking price. To ensure your home gets the attention it deserves, it is important to remember that first impressions mean everything. Many people only focus on the inside of the house by revamping or staging the space. With such a focus on ...

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Ottawa and Real Estate Market Snapshot January 2021

Market Reports Request Market Snapshot: Buyer demand fueled the Ottawa resale market as we kicked off the year. The announcement of the stay-at-home order early in the month caused a shortage in inventory while the strong demand remained. If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests. Message us anytime! Market Report Request Name Email Market Report Request...

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Ottawa and Area Real Estate Market Snapshot October 2020

Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September in the number of sales and new listings to the market. We have detailed statistics and market reports available in all areas in and around Ottawa. Market Report Request Name Email M...

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Virtual Open Houses in 2021

Live stream open houses have never been more popular in the real estate world.  “Since the feature was made available on REALTOR.ca in April, there have been more than 24,800 live stream open houses conducted by more than 2,600 REALTORS® across Canada.” according to CREA.  That’s a lot of people that potentially have been saved from exposure to the virus.  Visit Ottawa Virtual Open Houses (ottawaopenhouses.ca) to see all the available properties that have virtual open houses.   Despite multiple lockdowns and restrictions, Real Estate has not only re...

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What do Luxury Condos in Ottawa look like?

  Some buyers have dreams of a white picket fence, others imagine a life of luxury when purchasing a home. Those in pursuit of this lifestyle may be curious to know what to expect in the Ottawa luxury condominium market. Luxury condos in Ottawa are typically found in the downtown core, with good proximity to shops and businesses.  They also boost of views or beautiful scenery.  Many of them have multiple levels, with lots of space, bedrooms, and bathrooms. You do not have to worry about outdoor maintenance, but these high-end buildings are attractiv...

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Online User’s Guide to Buying a Home During Covid

The New Importance of Online Tools COVID-19 has changed our lives dramatically.   All facets of our day to day routine were transformed. Initially, the Real Estate community saw a drastic slowdown in the sale of homes.  However, the industry was quick to adapt to the new challenging environment as we were deemed an essential service. All the health and safety protocols were followed. New cleaning routines and rules and restrictions for open houses were implemented. The increased use of professionally produced virtual tours became vital for potential buye...

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Ottawa and Real Estate Market Snapshot December 2020

Market Reports Request Market Snapshot: Ottawa’s resale market continued to thrive through December despite the challenges of 2020. The inventory shortage for 2020 caused an increase in the sale price as the demand remained with record-low mortgage rates. If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests. Message us anytime! Market Report Request Name Email Mark...

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