REAL ESTATE NEWS


Ottawa Real Estate Market Snapshot July 2022

The July 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of sales dropped in July and momentum continues for new listing inventory showing signs that a balanced market could be coming. The average sale price continues to climb however at a much lower, single-digit rate. If you’re considering a move we’re ...

Beyond the Sign: Buying and selling waterfront properties

“The waterfront real estate market around Ottawa continues to be hot this summer. Area residents have always loved their summer cottages, but these days more people are also choosing a more permanent lake or river view. According to Jason Ralph, Broker of Record and President of Royal LePage Team Realty, waterfront properties are in high demand. “We’ve seen ...

Summer Curb Appeal

It’s Prime Curb Appeal Season!   Ottawa is a city full of natural beauty. From the outskirts to the city centre, you’re guaranteed to find green spaces and gardens full of colour around almost every corner. Now that summer is in full swing, it’s time to start thinking about your own curb appeal. It doesn’t ...

First Time Homebuyer Resources

Your First Home is a Big Deal.   Buying your first home is monumental. It’s a huge financial investment and a major life milestone. Unfortunately, nowadays it’s more difficult than ever to make the purchase by yourself. Luckily, in a market as diverse and ever-evolving as ours, there are many resources available for first-time homebuyers. ...

Ottawa Real Estate Market Snapshot June 2022

The June 2022 Ottawa Real Estate Board Stats are out! Market Snapshot: With more modest price increases in the resale market we saw a more traditional seasonal cycle for June. An increase of inventory allowed for more selection and less pressure on buyers. If you’re considering a move we’re here to help answer any questions ...

Beyond the Sign: Royal LePage Team Realty celebrates 20 years of serving the community

Over the past 20 years, everything has grown for Royal LePage Team Realty. Their families, the business, and Ottawa itself all look much different than they did back in 2002. What hasn’t changed is the team’s commitment to serving the community and helping Ottawans buy, sell, and lease properties. According to Royal LePage Team Realty ...

Ottawa Real Estate Market Snapshot May 2022

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 ...

Beyond the Sign: The current market shift

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 ...

Ottawa Real Estate Market Snapshot April 2022

      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

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 ...

Beyond the Sign: Time for a change? A career in real estate might be exactly what you are looking for.

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 ...

What is The Hype Around Ottawa’s Boom Towns

What is The Hype Around Ottawa’s Boom Towns: Why “Rural” Ottawa Continues to Grow While we have seen an increase in home prices steady across the province over the last two years, rural outlier communities like Carleton Place, Arnprior and Kemptville have seen unprecedented growth and attention, handing them over “Boom Town” status. These Ottawa area ...

What Will Your Next House Look Like?

What Will Your Next House Look Like? 10 Factors to Consider   Spring is such an exciting season for real estate professionals! New and current homeowners are gearing up to buy, and sellers are getting ready to cash in on their investment, and our TEAM is excited to help all clients navigate this process. However, ...

6 Amazing Home Renovation Trends you don’t want to miss!

6 Amazing Home Renovation Trends you don’t want to miss! While many people believe that new beginnings start when we ring in the new year, those familiar with real estate know that the real time for new beginnings is spring. As the snow melts away and buyers and sellers are getting geared up for making ...

Home Staging: How to Make Your Home POP on a Budget

Home Staging: How to Make Your Home POP on a Budget. When it comes to selling your home, the process can be emotional,  time-consuming, and at times may feel overwhelming. After all, this is the house that you have spent years transforming into the perfect home, a safe place for you and your family. Now, ...

Higher Interest Rates on the Horizon: How Will You Be Affected?

As many of us saw in recent years, the global pandemic kicked off a drop in interest rates and the cost of borrowing money was lower than it had been in a while. However now, as the economy heads towards recovery, rising interest rates are a reality with whispers of bigger increases on the horizon. ...

Your Guide to Buying a Secondary Property in 2022

Buying a second property is an exciting venture, and for existing homeowners, there are different opportunities available to help make that dream become a reality. Secondary properties are purchased for many reasons, and in many cases can be a practical purchase that meets a variety of different needs. Whether you are looking to own two ...

Real Estate Forecast 2022 – Why Ottawa Remains a Top Choice For Homeowners

Real estate in Ottawa is so great for so many reasons. Not only is the capital city a beautiful one filled with breathtaking scenery, extraordinary views, lively green space, and the ravishing Rideau River, it also is one of the most affordable major cities in the country, with a little something for everyone. Whether you ...

Ottawa Real Estate Market Snapshot March 2022

    The March 2022 Ottawa Real Estate Board Stats are out!   Ottawa Real Estate Market Snapshot March 2022: March made for a busy month in comparison to February, however the number of sales were down from March of 2021. No more restrictions may have pushed attention elsewhere but as the weather continues to ...

Beyond the Sign: Looking ahead at Ottawa’s spring and summer real estate markets

Beyond the Sign: Royal LePage Team Realty is featured in the City News article about how the Ottawa real estate market is heating up! After two years of COVID restrictions, the rules ease, and REALTORS® have begun holding in-person open houses again. As a result, according to experts, the local housing markets for both city ...

Beyond the Sign: Worry-Free Winter Listing: 5 Reasons to Sell in the Cold Season

Royal LePage Team Realty was recently featured in a CityNews article selling in winter.  It may not sound like the most desirable season to list, but what many don’t know is that the cold weather season has an abundance of benefits that make the experience worthwhile. See here how selling your home this winter could ...

Protecting Your Biggest Asset

Protecting Your Biggest Asset: If you have ever dropped your Iphone into water, or purchased a new car that malfunctions only a short time after, you are likely grateful for the all encompassing “warranty” that can resolve your problems at minimal cost. Protecting your assets is one of the smartest decisions you can make, and ...

Ottawa Real Estate Market Snapshot February 2022

The February 2022 Ottawa Real Estate Board Stats are out!   Market Snapshot: It looks like Spring may come early in Ottawa with an increase of 52% more transactions in February than in January. The rise in activity could be due to the announcement of upcoming interest rate increases pushing buyers to get into the ...

Scrapping Racially Insensitive Terminology: Saying So-Long to the “Master” Bedroom

Have you noticed the gradual shift in terminology in MLS listings lately? If you’re wondering when the term Primary Bedroom made its way into the home, and why, the short version is that it has become time to ditch the dated and discriminatory terms that have been normalized in our society. As an industry, we ...

Ottawa Real Estate Market Snapshot January 2022

The January 2022 Ottawa Real Estate Board Stats are out!   Market Snapshot: January 2022’s sales were much like those of January 2021. Prices continued to rise as inventory remained low. Januarys condo market remained hot as sale prices are more attainable for buyers. If you’re considering a move we’re here to help answer any ...

Chris Drozda

Broker

 

Royal LePage Team Realty

139 Prescott St.

Kemptville, On,

K0G 1J0

Phone: 613-223-6625

chrisdrozda@royallepage.ca

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