Trying to decide if it’s time to enter the real estate market is like trying to decide if you’re ready to have kids; you’ll never really know until you’re in it. However, just like starting a family, there are a few telltale signs that you’ll be just fine. Keep reading for our top 5 things to consider before entering the real estate market! Do you have a stable lifestyle? Stability is a huge factor when it comes to buying a home (and having kids, if you’re wondering). Homeownership comes with a lot of responsibilities, so when we talk about stability we’re not just talking about financial stab ..read more

An outline of real estate investing guidelines to get you started on your investment journey in 2024. If you’re looking to start investing in Ottawa real estate, contact us. Here are a few key questions this article should help you answer: What are the different options for real estate investment in Canada? Which type of property is best for investment? What is the safest real estate investment type? Is it a good time to invest in real estate? If you’re thinking about investing in real estate this year, you’re not alone. There’s a shift happening in the market right now that is priming inves ..read more

If you’re looking for the best desserts in Ottawa, look no further than Strawberry Blonde Bakery. Bonus, everything they make is gluten-free, vegan, nut-free and kosher. This is Adam’s favourite spot for gluten-free treats and it will be yours too. Aside from the treats being to die for, the atmosphere their team creates is unmatched. Pop into their Westboro or Kanata locations 7-days a week for when you need a quick sweet treat and a coffee. For big events and special occasions where you want to impress your guests, you can pre-order their gorgeous cakes & desserts. They also ship select ..read more

Housing affordability in Ottawa has been, and will continue to be, a hot topic this year. Ottawa, much like other major cities in Ontario and Canada, has a lack of affordable housing that’s become a real issue for our community. Residents have been left in quite the predicament, either work toward buying a home in a market that’s been quite unpredictable or rent at rates that soar way above the measure of affordability. For many this is a losing situation and we are clearly nowhere near fixing our housing affordability issue. To put things into perspective, each year Canada has fewer housing c ..read more

With 2024 quickly approaching, buyers, sellers and investors alike are all wondering what the future has in store for Ottawa. 2023 has left us all feeling uncertain about the near future of real  estate, not just in Ottawa but nation-wide. However there is hope on the horizon that the market will level out as buyers return throughout 2024 and 2025. Here’s a recap of what 2023 brought us: In January, the National average sale price declined 18.3% year over year. Between March 2022 and July 2023 the prime lending rate in Canada increased from 2.7% to 7.2%. Migration from Ontario to Alberta ..read more

‘Tis the season for 2024 Ottawa real estate market predictions! As the Holiday season approaches, so does the New Year and that usually means potential buyers and sellers alike will be asking for 2024 market insights! One major question on everyone’s mind is, will Ottawa Real Estate slow down in 2024? From The Adam Mills Realty Team, here’s what we think is in store for the market in 2024 based on current trends, Royal LePage predictions & more. Here’s what’s happening in the Canadian market in general and how these trends will impact 2024: As we found out in October, the Bank of Canada de ..read more

Unfortunately, you can’t time your divorce with the real estate market. When uncoupling becomes the only option, the last thing on your mind is how to navigate selling your marital home.  If you are currently going through the divorce process or contemplating separating from your spouse, you’re likely facing a very difficult decision as you think about living arrangements. Many couples are facing this issue right now. With high interest rates, limited rental availability and high rent – it can be extremely difficult to plan your exit and be able to afford accommodations for yourself, and ..read more

Your home isn’t just a place where memories are made, it’s a financial investment designed to give you a better future. Like any other investment, you need to protect it and make sure you’re on track for the right return. That’s why we launched our Home Advisory Club.  We created the Home Advisory Club for homeowners who know the value of maintaining their investment. No cost. No pressure to sell. Just valuable information for you and your family. Our hope is that through membership you realize that there’s no one better to work with when it does come time to sell your home than our team ..read more

Feeling existential dread when it comes to owning a home in Canada? You’re not alone. According to a recent survey of Canadian first-time buyers, 67% of  those that purchased a home within the last two years said that before buying, they worried they might miss out on the property they really wanted because of an insufficient down payment. The last few years we’ve seen the market shift from a buying frenzy between 2020-2021, with the pandemic plummeting home prices and bringing people away from major cities and into the suburbs with the increase in remote work, to a screeching halt when i ..read more

Other than decluttering and cleaning your home in preparation for selling, painting is up next to add value to your home.  Not only does it add monetary value, but it also adds emotional value, as the buyer walks through your home and envisions living in it. Let’s discuss the top 3 trending interior paint colors!  1. Oyster White If you love your neutrals, but don’t want to completely go white, then this natural palette is it!  Oyster White is a classic – it’s the perfect pale milky grey with a soft green undertone, without being overbearing.  The best part? This timeless ..read more