REAL ESTATE NEWS
Saving Money to Buy Your Home
Everyone needs a place to call home. It’s our base. It’s the foundation upon which we build our lives. It defines our sense of community and the satisfaction of participation. But what is the price tag that comes with owning your own home? How do we secure the money to become homeowners? How do we...
Ottawa and Real Estate Market Snapshot November 2020
Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price...
Buying a Home with a Friend
Buying a home with a friend is a good way to get into the housing market. The pandemic has affected businesses everywhere, the Real Estate market has rebounded well. House sales experienced a little interruption early on. It has bounced back bigger and better than what could have ever expected. This has been a result of...
Shopping Local this Christmas
The holidays are fast approaching, and the recent snowfall has heightened the spirit of giving and kindness of residents in the city. People are buying gifts for family and friends, trying to get ahead of the last-minute December holiday rush. Instead of spending hours in line buying gift boxes and gadgets, buy something unique and...
Community Associations in Ottawa
Here is everything you need to know about the Community Associations in Ottawa. Finding a community you feel connected to can be a huge factor in buying a new home. Some people prefer to stay within the community they know best. Others venture out to discover new areas and build new connections. Discovering the ins...
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...
Time to Buy a Year-Round Cottage
This year has been a real challenge for all of us. The combination of the COVID-19 virus and uncertain economic times have been incredibly worrisome. With the arrival of Fall, the situation is still uncertain and extremely stressful. During the summer, many of us were dreaming of escaping to a safe and relaxing haven. As...
Ottawa Real Estate Snapshot June 2020: June Statistics are a Welcome Sign of Things Getting Back on Track in our Marketplace
Market Snapshot: A dramatic upswing in the number of sales this past month with sales within 2% of this time last year! While it didn’t come as a surprise that unit sales were down 55% in April, and 44% in May, in dramatic contrast the June figures are a welcome sign of things getting back...
How to Move Safely During the COVID-19 Pandemic
Moving is a task that few find pleasure in, as it requires countless hours of organizing, packing, and lots of heavy lifting. Unfortunately, when doing this through a pandemic with travel restrictions in place and physical distancing measures still active, it may feel like there could not be a more inconvenient time to relocate. However...
Ottawa and Area Real Estate Market Snapshot July 2020
Market Snapshot: The numbers are up again as this past months unit sales increased 19% from this time last year!
Ottawa’s resale market offers solid returns for many Sellers, while Buyers continue to feel the squeeze. Those most impacted are especially those attempting to enter the housing market. Multiple offers are a common occurrence with over...
Pool Dreams: Creating Your Stay-at-Home Backyard Oasis
While installing a pool is a project that has excellent benefits both for personal use and resale value, finding the right pool for your property can be a tricky game, and there are many factors that need to be considered...
Looking To Buy A Cottage? 8 Things To Consider Before Making Your Purchase
Buying a home is a great accomplishment for many, but buying a cottage can feel like a dream come true. With aspirations of kicking back next to the lake and enjoying the solitude that comes with cottage life, residents in Ontario are now more than ever eager to find their own slice of paradise. While...
Ottawa and Area Real Estate Market Snapshot September 2020
Market Reports Request We have detailed statistics and market reports available in all areas in and around Ottawa...
Closing the Cottage for the Winter
It is always a sad day when you are sitting at the cottage, and the leaves start to turn, and you realize that the nights are getting cooler. We usually delay the decision to close up the cottage to the last minute. Given our uncertain weather events these days, it is best not to wait...
How we are Helping to Stop the Spread
ROYAL LEPAGE TEAM REALTY STANDS WITH THE REST OF THE WORLD TO END THE SPREAD OF COVID-19 As a devoted member and essential service in Ottawa and Surrounding Area, Royal LePage Team Realty and our agents have been working hard to end the spread of COVID-19 while remaining mindful of the changing needs and expectations...
Home Projects To Ready Your Home For Summer
With the spring season now in full bloom, summer approaching quickly, and social distancing guidelines leaving you a little stir-crazy, you may be feeling anxious to spend time outdoors and keep yourself busy while waiting for restrictions to be lifted. Fortunately, when you have to #StayHome, you might be able to find some time to...
Mother's Day from a Distance
Mother’s Day is just around the corner, and while many of us generally take this time to visit and surprise our Mothers with gifts of appreciation, good food, and laughs with the family, the current state of the COVID-19 pandemic still has us practicing social distancing measures, limiting our interactions. While this certainly isn’t...
Video Chat Platforms: Social Interaction During Social Distancing
The onset of the global COVID-19 pandemic has created changes and challenges in the way we conduct our normal daily activities. While we used to enjoy taking a break from the busy world outside of our homes, we are now being asked to make that break our new reality by staying inside and practicing social...
What style of House are you?
Have you ever wondered what type of neighbourhood best resonates with you? Buying a home is an exciting time for new, and there are so many choices when it comes to housing styles, are you a bungalow, a stacked condo, a single-family dwelling? Each of these styles of homes can be found in neighbourhoods with...
Ottawa Real Estate Snapshot March 2020
Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols are in place to ensure public safety in this new reality. As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology...
Is the right time for us to purchase Real Estate?
Is the right time for us to purchase Real Estate? The question of when it is the right time to purchase real estate is always a very important family decision. For millennials, homeownership in Canada is approximately 50 percent. In contrast, 55 percent of their parents currently own their own homes. While millennials have lower...
What You Need to Know About Cannabis Legalization in the Housing Market
Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Recreational cannabis has been legal in Canada for just over one year. The Federal Cannabis Act has been rolled out in a very Canadian manner. Saskatchewan is considered to have been the most effective in the implementation of the new law. Ontario has...
Buying your first home in Canada – What you Need to Know
One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the...
Buying your first in Canada – What you Need to Know
One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the...
Owning versus Leasing
It is essential for a business that they find the right location to set up their business and to decide whether to buy or lease a location. There are advantages and disadvantages to both. You will need an experienced commercial REALTOR®, an accountant and a lawyer working together to help you make the right decision...
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