OTTAWA REAL ESTATE BLOG

Buying Commercial Properties in this Economy   Buying commercial real estate requires much thought and planning. After all; it could either be “home base” for your growing business, or simply a very large financial investment. As the market continues to diversify and expand, you may wonder how it could affect your ability to buy commercial...

Giving Your Kids the Best Chance at Homeownership   With housing markets across the country skyrocketing in recent years, it’s becoming a challenge for up-and-comers and young families to plant their roots in homeownership. This is currently affecting younger Millennials the most, but Generation Z is beginning to experience the same roadblocks. The solution: many...

Ethnic Diversity Among Agents in a Multicultural Ottawa   From coast to coast to coast, Canada is a beautiful country that residents and visitors alike enjoy exploring, many with hopes of putting down roots in their favourite corner of our home and native land. In a recent survey, Royal LePage found that newcomers represent a...

The May 2022 Ottawa Real Estate Board Stats are out!   Market Snapshot: Traditionally a high performing month, May’s resale market has shifted its pace in comparison to 2021. The aftermath of the recent derecho storm stirred up both Ottawa’s landscape and listing inventory. If you’re considering a move we’re here to help answer any...

Why Summer is a Good Time to Buy   “Summertime” means that the grass is at its greenest, the trees are at their fullest and gardens at their most vibrant. Although spring may be touted as the best time to buy, that doesn’t mean it’s the only time you’ll be able to do so. Summer...

After an intense few years, the local real estate market is showing a very slight shift towards calmer waters. Jason Ralph, Broker of Record and President of Royal LePage Team Realty, explains, “The market was so overheated that even a small shift seems drastic, even though it isn’t going back to pre-2020 levels. We are starting...

5 Things You Need to Know About Buying in Ottawa   5 Things You Need to Know About Buying in Ottawa: Ottawa is a beautiful city with much historical significance. The national capital region is home to a wide variety of diverse, thriving neighbourhoods that see growth each year. There are many schools and businesses...

I Have Just Inherited Property. What Should I Do? Do Your Homework Inheriting property can be an exciting time in your life. There can also be mixed emotions depending on the circumstances. The number of older Canadians is growing. This has caused the most significant number of inheritances Canada has ever seen. This trend is...

Everything you Need to Know About Buying Older Homes   Buying a 20th century home may fit your real estate needs, but there are many things to consider when exploring an older market.    Buying an older home comes with numerous advantages. They are often less expensive compared to newer builds, with no construction required...

      The April 2022 Ottawa Real Estate Board Stats are out!   Market Snapshot: With supply remaining under one month we continue to be in a seller’s market. Prices are continuing to climb but at a slower, more moderate pace than what we saw earlier in the pandemic. If you’re considering a move...

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...

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...

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...

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...

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...