Monthly Archives November 2018

Cannabis Legalization: One Month Later.

Cannabis Legalization: One Month Later.

November 23, 2018 | Comments Off on Cannabis Legalization: One Month Later.

It has been just over a month since cannabis was legalized in Canada. Now that the hype and excitement surrounding the ability to buy recreational marijuana legally has settled, many of us are still left with questions surrounding these new laws and what this means for home owners, buyers, and sellers alike. Here is what you need to know about cannabis legalization and real estate in Ottawa:  Home Buyers and Sellers While it may now be legal carry, smoke, and grow marijuana plants, there are many things to consider when you are in the market of buying or selling your
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Holidays on a Budget: A Financially Friendly Guide to “Decking the Halls”

Holidays on a Budget: A Financially Friendly Guide to “Decking the Halls”

November 15, 2018 | Comments Off on Holidays on a Budget: A Financially Friendly Guide to “Decking the Halls”

The holidays are just around the corner, and we will soon be covered in a blanket of snow, with marching bands leading parades, and Santa’s village bringing long lines to the malls. While the excitement builds up, we are often left wondering how we can possibly save money or limit our spending without compromising the spirit of the season. With just a few practical tips and tricks, embracing the magic and togetherness of the holidays without breaking the bank is not only a practical goal, but attainable as well. Here are a few budget friendly ways to “deck the halls”
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Getting Ready to Sell Your Home in Winter: What You Need to Know

Getting Ready to Sell Your Home in Winter: What You Need to Know

November 8, 2018 | Comments Off on Getting Ready to Sell Your Home in Winter: What You Need to Know

Selling your home in the winter real estate market may seem undesirable to some, but it has an upside.  Let’s break down some of the advantages that actually make the cold dreary season a potential win for sellers. Ottawa is in a Seller’s Market. Regardless of the weather, listings that are on the market are getting the attention of buyers, there is just not enough inventory to keep up with the demand.  Current active inventory is less than half of 2015-16 [October 2018]. Compared to last year, condo inventory is down 34.5% while residential inventory is 17.5% lower than October
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Ottawa Real Estate Market Snapshot October 2018

Ottawa Real Estate Market Snapshot October 2018

November 6, 2018 | Comments Off on 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 on the market. Year-to-date average Days on Market (DOMs) are down 14% from 45 to 39 days for residential homes and 24% from 68 to 51 days for condominiums.” “However, lack of supply continues to be a major driving factor in Ottawa’s real estate market,”
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