–> Click Here to Declare Your Property Status   If you declare after March 21 you will be fined $250.  And if you don’t file by April 30, the city will add 1% of the assessed property value to your tax bill (they’ll assume that it was vacant unless you declare otherwise)!  For example, that … Complete your Vacant Unit Tax for Ottawa by March 21, 2024! Read More ..read more

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year average for the month of January. “Ottawa’s market activity is seeing … Ottawa’s MLS® Market Thawed in January 2024, but Sales Still Slow Read More ..read more

Have you been thinking of switching to a new brokerage?  Steve and I switched just about 2 years ago now to EXP Realty and couldn’t be happier.  We were with Royal Lepage for 16 years and were very happy there thought it might be time to switch to a more progressive model. We were very … Discover the EXP Advantage? Transform your Real Estate Career today Read More ..read more

Twas a week before Christmas in Santa’s workshop, Not a creature was stirring — you could hear a pin drop. Santa was worried as he wandered around As all of his Elves were nowhere to be found. Christmas was coming, the shop should be bustling With everyone clamoring, hammering and hustling. “I must see HR … Twas the night before Christmas 2023 Read More ..read more

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totalled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year average for the month of November. On a year-to-date basis, home … Ottawa MLS® Home Sales Stable in November 2023 Amid Growing Supply Read More ..read more

(The following is from an email of October 20, 2023 which was prepared by Enriched Academy.) [Note: as with all things, it may not suit most people, but it will be a worthwhile option for some. Be sure to research the pros and cons before committing to this – or anything.] Home prices continue to … Can a Reverse Mortgage Save Your Retirement Plans? Read More ..read more

This is a news release from the Ottawa Real Estate Board. The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 946 units in September 2023. This was unchanged from September 2022. Home sales were 29.6% below the five-year average and 23.6% below the 10-year average for the … Ottawa MLS® Home Sales Hold Steady in Lackluster September Read More ..read more

We attended a very interesting webinar on September 20, 2023, by Joanna Lang who is a mortgage agent and managing partner of Outline Financial based in Toronto.  Much of her presentation is based on information concerning Toronto (and from the Toronto Real Estate Board).  Despite this focus, similar conclusions apply to mortgages in Ottawa.   … Buy A Home Now Or Wait? A Mortgage Expert Weighs In Read More ..read more

(Rebecca Flood, newsweek.com) A teenager has compared her life to the plot of a “Hallmark movie” after accidentally moving into a retirement home. Madi Ann, 19, shared the bizarre story on TikTok, revealing she moved from Norman, Oklahoma, to start a new life in a “small town” in Arkansas. Madi recreated the tale for her … A teenager says she accidentally moved into an apartment complex for senior citizens and is documenting her new life on TikTok Read More ..read more

Members of the Ottawa Real Estate Board (OREB) sold 1,263 residential properties in July through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,102 in July 2022, an increase of 15%. July’s sales included 979 in the freehold-property class, up 18% from a year ago, and 284 in the condominium-property category, a 6% increase … Ottawa Stabilized July Resale Homes Market Showing Positive Price Gains Read More ..read more