Archives for Real Estate Information

Using a Buyer’s Agent

November 28, 2016 | Comments Off

Royal LePage offers optimal customer service in order to deliver the best possible results to its clientele. Contrary to the way real estate was (years ago when real estate brokerages represented only the seller), you now have the option of being represented by a buyer’s agent, who’s responsibility is to protect you, your family, and your best interests all while providing you with the essential information needed in order for you to make an informed decision when it comes time to buying a home. A buyer’s representative will locate the best homes that fit your needs. This will
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Ottawa Real Estate Update | Condo sales lead the way to best October on record!

November 4, 2016 | Comments Off

While temperatures are dropping, the fall real estate market in Ottawa remains steady with another record breaking month! Recently released statistics from the Ottawa Real Estate Board below show that the condo sales soared in October, up 27.2% over last year! While these statistics are useful in establishing market trends they should not be used as an indicator that specific properties have increased or decreased in value. If you’re interested in a property evaluation or statistics for specific neighbourhoods please email info@teamrealty.ca or contact one of our offices, or professional real estate representatives, we would be delighted to assist. Released by OREB,
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How to Choose the Perfect Realtor for You

October 24, 2016 | Comments Off

How to Choose the Perfect Realtor for You How to Choose the Perfect Realtor for You Whether you’re a first-time home buyer or are selling your house yet again, you need a realtor that understands your needs. The home buying or selling process can be complicated as it is, and there is no need to cause yourself additional angst by picking a less-than-qualified realtor. Read on to discover a few traits you need to look for when selecting a real estate agent so you can confidently move through the buying or selling process. Qualifications A realtor with no qualifications won’t get you very far. You
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Key Qualifying Questions

October 17, 2016 | Comments Off

If you’re thinking of buying a home, but not sure on how or where to begin, let us be the ones to help you! What’s important is to ask the right questions in order to make the right decision – the one that’s best for you. First, if you’re a first-time home buyer, it’s important to get pre-approved for a home. This should typically be step one. Once approved, the rest of the home-buying experience can successfully follow. You can then answer such questions as how soon you’re looking to move, how quickly of a time-frame you’re willing to
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Ottawa Real Estate News | June 2016 sets record for the highest number of sales ever

July 11, 2016 | Comments Off

WOW what a month in Ottawa Real Estate! Members of the Ottawa Real Estate Board sold 1,985 residential properties in June 2016 through the Multiple Listing Service® setting a record for the highest sales in any month ever in the history of the Ottawa Real Estate Board. While average price dropped slightly in both residential (slight decrease of 1.3% over June 2015) and condominiums (slight decrease of 2.4% over June 2015) the market in Ottawa remains sure and steady. While these statistics are useful in establishing market trends they should not be used as an indicator that specific properties have increased or
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Strong Fall Real Estate Market in Ottawa

October 6, 2016 | Comments Off

No fall(ing) back in Ottawa’s resale market: News release from the Ottawa Real Estate Board October 5th, 2016 OTTAWA, October 5, 2016 – Members of the Ottawa Real Estate Board sold 1,371 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,241 in September 2015, an increase of 10.5 per cent. The five-year average for September sales is 1,171. “Again this month, we have broken the record for residential and condominium units sold, with 200 more units sold than the five-year average for September sales,” says Shane Silva, President of the Ottawa Real Estate Board. “With
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Ottawa Real Estate Market Hightlights August 2016

September 7, 2016 | Comments Off

According to recently released statistics by the Ottawa Real Estate Board, August 2016 was a record breaker. 2016 continues to outpace 2015 in number of properties sold! While inventory has dropped compared to this time last year the total number of sales are up and so are average sale prices. With fewer homes for sale in the Ottawa real estate market for buyers to choose from, OREB’s president speculates a Seller’s market may be on the horizon, but only time will tell. While these statistics are helpful in establishing trends there are many factors to consider when buying or selling that
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Finding the Best Neighbourhood for Your Family

September 9, 2016 | Comments Off

A row of a new houses in Ottawa, Ontario Buying a home is arguably one of the biggest decisions we will ever make. The process can often seem a little daunting at first, especially for those who are first-time home buyers: where to buy, what neighbourhood, what to buy, when to buy – all relevant ponderings that can (and will) be answered in time, rest assured. Similarly, when it comes time to choosing a home that is best suited for your family, there are also a lot of factors to consider – some of which can seem a little overwhelming.
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Checklist for Home Buyers

September 21, 2016 | Comments Off

When buying a home, there are always a series of questions that run through a home buyer’s mind. At Royal LePage Team Realty, we encourage you to ask them, we try to think of everything for you … including a checklist to keep track of the important details about homes we show you! Of course your Real Estate agent will be there every step of the way to help you find the right home, but falling in love with a property is not the only factor to consider when purchasing a home. We’ve put together a checklist that outlines details that are important to many
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Second-best April on record for Ottawa Real Estate!

May 6, 2016 | Comments Off

April was a busy month in Ottawa Real Estate…see the most recent market highlights below -information provided by the Ottawa Real Estate Board Members of the Ottawa Real Estate Board sold 1,714 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,567 in April 2015, an increase of 9.4 per cent. The five-year average for April sales is 1,568. “The Ottawa resale market continued its steady pace upwards in April, making it the best April for unit sales on record since 2010,” says Shane Silva, President of the Ottawa Real Estate Board. “Units sold are up
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Kim MacDowall