Archives for sellers in Ottawa

A Critical Key Step for Sellers: Give Your Potential Buyers a Home They Would Want

If you’re selling your home there are several steps that should be taken care of before holding an open house. What is important is giving your potential buyers a home that they would want to live in, and can see themselves in. With that in mind, there are a few important factors to keep in mind, such as: making repairs, deep-cleaning your home, and making your home more efficient (i.e. heating & cooling). Click here to discover the necessary steps you should take when selling your home.  
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Ottawa Home Prices See Healthy Growth in the First Quarter of 2018

Continued demand and shortage of listings intensifies pressure on Ottawa home prices. The aggregate price of a home in Ottawa saw a healthy increase in the first quarter of 2018, rising 4.7 per cent year-over-year to $437,243, according to the Royal LePage House Price Survey released April 13th. Click here for more information on the Ottawa Real Estate Market.  
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Ottawa home sales jump 12% in March

Ottawa Business Journal Online, April 5th 2018 Ottawa’s residential real estate roared back to life in March with a double-digit increase in sales and an eight-per-cent increase in average house prices, according to the Ottawa Real Estate Board. “Properties that are priced well are selling quickly,” said OREB president Ralph Shaw in a statement, adding that homes are spending an average of 43 days on the market, down from 54 days in March 2017. Ottawa realtors sold 1,660 residential properties last month, up 12.3 per cent from the 1,478 sold during the same period a year earlier, according to OREB
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Considering selling your home over the holidays?

Are you thinking of selling over the holidays? Putting your home up for sale during the winter holiday months can seem… daunting, to say the least. Present shopping, decorating, and family can be overwhelming on their own without throwing in open houses, getting ready to move, looking for buyers and finalizing a sale. However, there are a lot of benefits to selling during this time.   Check out this blog on why it’s a great idea to list over the winter holidays!
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OSFI sets new mortgage rules, including stress test for uninsured borrowers, find out more about how this will affect you

By Pete Evans, CBC News Posted: Oct 17, 2017 9:29 AM ET Last Updated: Oct 17, 2017 3:02 PM ET   Canada’s top banking regulator has published the final version of its new mortgage rules, which include a requirement to “stress test” borrowers with uninsured loans to ensure they could withstand higher interest rates.   The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry on Tuesday. The regulator floated a similar version of these rules earlier this summer in draft form, but Tuesday’s release makes them official as of Jan. 1.   Click here to read the article
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