How should a BUYER ‘price’ a home in today’s market?

A question I get a lot: “Are market value and listing price the same thing?” The short answer is this: NO! Especially in a low-supply, “seller’s” market. Let me start digging into this topic with a caveat: the ‘traditional strategies’ that real estate agents use to...

Healthier homes sell better!

We’ve been “at home” for two years now. Thank you, COVID! Inside a lot more because of remote school and working from home.  How healthy is the air that we are breathing? When was the last time we changed the furnace filter? Had the air ducts cleaned?  I admit it. I...

Success in a “low inventory” market

The latest market report from the Ottawa Real Estate Board is in (>>> OREB report). It’s telling us the truth of the market: there’s a shortage of houses for sale. Even though the average prices have gone up over the last year!  Yes – it’s a seller’s market....

More reasons to love Ottawa!

In my newsletters in April and May, I wrote about the supply-side challenges impacting the Ottawa real estate market.  This month, let’s take a look at the demand-side. While this highly competitive market can be more challenging for my buyer clients, it makes this...

Real Estate Market Still Dogged by Low Inventory

The Spring real estate rebound continued to be hampered through the month of April by low inventory. While the total number of sales in April was more or less consistent with the same month in 2018, the number of homes on the market continued to lag well behind last...