Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1 Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in […]
Renovate or Relocate? 3 Questions To Help You Decide
Does your current home no longer serve your needs? If so, you may be torn between whether to renovate or relocate to a new home. This can be a difficult choice, and there’s a lot to consider—including potential costs, financial implications, and quality of life. A major remodel can be a major commitment. From hiring […]
My Home Didn’t Sell! Now What?
When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can […]
Buying a Home? Here Are 5 Tips for Negotiating
Before negotiating the purchase of a home, you have to look closely at the seller’s motivation and the current market conditions. Whether it’s a seller’s or buyer’s market, these tips should help you successfully negotiate a deal on a home. 1. Begin by knowing what you want in a home. Decide on what kind of […]
Moving? Here’s a Checklist to Help Get You Started
No matter how many times you’ve moved house or how near or far you’re moving, the actual moving process rarely becomes a walk in the park. If you go in unprepared, it can become much more stressful than it needs to be. So with that in mind, here it is: a checklist to help make […]
2023 Real Estate Market Outlook for Ottawa, ON – by Graham WEBB
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. […]
Prepping Your Home for Sale
Follow these tips when preparing your home for sale: Stage each living area to help potential buyers imagine living in that space. Keep all rooms clean, including children rooms. Remove clutter and extra furniture to help the space feel clean and larger.
7 Tips to Maximize Your Home’s Sale Price
The past few years, real estate buying frenzy has bid up home prices to eye-popping levels. Now, as mortgage rates have risen, buyer demand has cooled.1 Home sellers who enter the market today take note. The reality is, it’s not enough to stick a “for sale” sign in the front lawn and wait for buyers […]
10 Pro Tips for a Smooth Home Move
The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. Fortunately, you don’t have to do everything in […]
7 Costly Mistakes Home Sellers Make (And How to Avoid Them)
No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling in a new place. Almost all sellers want to make the most […]