Home and Design Awards 2014

At October 11, 2014
By Nancy
In Infos

This was an interesting week in the Ottawa Home Building industry as awards were distributed last weekend in recognition of excellence in a variety of categories at the Housing Design Awards. It would appear that groups with well established reputations and recognition appear to dominate the awards this year. Amsted won renovator of the year […]

Right-Sizing?

I enjoy reading from Rob Carrick, a columnist with the Globe and Mail who has a regular column on Personal Finance. In today’s Globe he wrote on the concept of “downsizing”. I like to refer to it as “right-sizing” as it really does address what many folks are actually doing; readjusting their living accommodations to […]

Buying, Selling & Right-Sizing Seminar – Wednesday, October 1st, 2014

Please come visit us on Wednesday, October 1st from 5:30 p.m. to 7:30 p.m. at our Buyer Seminar! Located at the Albert Salon (Lower Level) at the Ottawa Marriott Hotel on 100 Kent Street. Garage and street parking available. Please RSVP before Friday, September 26th to Asha Panesar at 613-238-2801 or at exceptionalproperties@gmail.com Looking forward […]

A Look at Real Estate in Ottawa

If you read today’s Report on Business in the Globe and Mail you may be feeling richer because of your real estate investments. If you are living in some of the countries major business centres such as Toronto, Calgary and Vancouver this may be true. However, the market in the Nation’s Capital has enjoyed only […]

What to Look at When Purchasing a Condominium?

There is so much to look at when purchasing a condominium and if you have not lived in one before then this can be an overwhelming decision and some of the details can be confusing. First and foremost, it’s important that the agent who represents your interests has a strong understanding of the condo market, […]

Wow! Two new custom homes on the River and completely different, but both exceptional.

One of the wonderful things about being in real estate is that you are often privileged to “sneak peaks” on truly unique and outstanding homes and this week was no exception. I have two friends, each building on different sections of the Rideau. One is on Burritt’s Rapids near Kemptville and the other is right […]

Where is the market in Ottawa at?

The month of May in Ottawa was stronger in real estate sales than April of this year. We expect this to be the case given how the season traditionally unfolds. The real test is, how do we sit in numbers from the same period last year in the re sale market? The numbers revealed today […]

Deposits on Purchase and Sale Agreement

Today I was reading an article about deposits by Mark Weisleder, a well known real estate lawyer in Toronto. He has always had some interesting points. I have often told my clients that submitting an offer to a Seller is like playing bridge. You are trying to communicate non verbally as much as possible about […]

What front doors say about us

Front doors make a statement don’t they? As Matthew Hague mentions in his piece in the Globe and Mail (May 8th 2014) they are a “sly signifier of luxury” and they can actually alter the presentation of your home from the curb, significantly. The larger and heavier the door the bolder the statement and as […]

Luxury Real Estate

I caught an article from a February 2014 issue of Forbes magazine by Jean Folger the other day related to investing in the luxury real estate market. It had some strong recommendations and ideas for Buyers that all made good sense and I thought I would put some thoughts to paper and share them. Everyone […]

Spring 2014

The Easter holiday is over as is Passover and it feels like the log jam in the upper end of Ottawa real estate has broken. I believe that Spring has finally sprung! This week I have begun to see that high end homes are finally beginning to sell. This is good news and would seem […]

Sliding interest rates just in time for Spring Buyers

You may recall last year that former finance minister Jim Flaherty quickly intervened when one of the major chartered banks dropped their mortgage rates below 3%. It was an unusual step but not all that surprising when reports over many months from then Bank of Canada Governor, Mark Carney were indicating that Canadian’s were carrying […]

Thinking of buying Real Estate? Some considerations…

Most buyers when investing in real estate will be seeking financing. There are lots of options when considering mortgage financing. When you are considering buying real estate, having unbiased professionals at your side is a good route to take. I believe there is a strong benefit in using professionals and it should begin with your […]

Mortgage Financing and The Self Employed

Mortgage Financing has become more and more complicated over the last 2 years after new rules were introduced by the nation’s bank regulator in the summer of 2012. According the Marjo Johne in today’s article on mortgages in the Globe and Mail, Guideline B-20 was introduced into the system as part of a more rigorous […]

Buyer Seminar – Tuesday, April 8th 2014

Please come visit us on Tuesday, April 8th from 5:30 p.m. to 7:30 p.m. at our Buyer Seminar! Located at the Kent Salon (Executive Level) at the Ottawa Marriott Hotel on 100 Kent Street. Garage and street parking available. Please RSVP before Thursday, April 3rd to Asha Panesar at 613-238-2801 or at exceptionalproperties@gmail.com Looking forward […]

How is the Ottawa Real Estate market doing?

There is so much information in the press on a regular basis about the Canadian real estate market and how it is behaving. I have read numerous reports about real estate markets in Toronto and Vancouver and as recently as today March 11th, 2014 in the Globe and Mail Report on Business, on the condo […]

Math makes mortgage management easy

Today in the Globe and Mail’s Report on Business, Rob Carrick, the personal finance writer, had some valuable advice for home buyers and created the Real Life Ratio and chart. He argues that when financial institutions award your mortgage financing they do not know necessarily what your future plans look like. Yes, they review with […]

Real Estate in Ottawa

Looking at the number of listings that are beginning to come on the Multiple Listing service In Ottawa in the last 10 days with more than 100 listings coming on daily it is obvious that the spring market is coming. Today, for example (February 12th, 2014), we had 110 new listing come on by 6:00 […]

Ensuring your Real Estate Investment is Solid

The Ottawa Citizen featured an article in the February 8th edition regarding Home inspectors titled Ensuring your Investment is Solid. When making a home purchase there are a number of measures Buyers undertake to prepare them for such a major transaction. The first priority, most frequently, is to identify a realtor who will represent your […]

Ottawa Real Estate Market

Today the Ottawa Citizen Business Section reported on home sales in Ottawa for the month of January. The report suggests that the local Ottawa market is on “strong footing “ despite the sale of residential homes being down approximately 2% from the same period last year. The Canadian Mortgage and Housing Corporation released an updated […]

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