Archives for homebuyers

This Important Element Often gets Overlooked when Buying a Home

Ottawa Citizen, Stephen Moranis, Postmedia News 08.15.2016 It’s the most common hazard that home buyers overlook: disagreements between homeowners that can turn entire neighbourhoods into war zones. These can happen anywhere, of course; but they’re especially common in tonier, wealthier communities, where people are more inclined to lawyer up, and where small contrarian disputes can escalate quickly.   These conflicts end up becoming embarrassing, upsetting and expensive, occasionally leading some residents to consider selling and moving on. So much for that friendly block party.   It’s a shame. The neighbourhood you once thought was charming and peaceful becomes the one
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‘Shortage’ of homes for sale pushes Ottawa property prices up 6.8% in Q4: Royal LePage

‘Shortage’ of homes for sale pushes Ottawa property prices up 6.8% in Q4: Royal LePage The Ottawa Business Journal, online, Published January 10th 2018 Low inventory levels and a last-minute rush to beat tougher Canadian mortgage rules helped push the average price of a home in Ottawa to $442,533 in the final quarter of 2017, Royal LePage said Wednesday. The real estate firm’s latest house price survey said the average price of a home was up 6.8 per cent, year over year – four percentage points below the national average. New mortgage rules came into effect at the start of this
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