
Advice To Buyers
(The comments contained on this page are for informational purposes only and do not constitute legal advice.) Finding the perfect home doesn't happen in one day. It takes careful planning and lots of work. Fortunately, there are a number of things you can do to simplify the process. 1. Things to Consider Before Starting Your Search What Features Do You Need? Do you need an extra bathroom, a garage, a fenced backyard, or lower utility bills? Do you want a fireplace, a short dr

Buyer’s market boosts real estate sales in May: OREB
Ottawa Real Estate Board members had their best May since 2009, the organization said Wednesday. Members sold 1,926 residential properties last month, 7.7 per cent more than in May 2014 and also head of the five-year average of 1,812. “Units sold are up 357 since April, increasing in both the residential and condominium property class,” board president David Oikle said in a statement. Mr. Oikle said the average cumulative time a property stays on the market is 72 days. That r

Young people are investing in real estate — just not the same kind as their parents
Millennials and younger members of Gen X appear to be delaying the financial responsibility of homeownership. But it's hard to blame a group who watched the housing market skyrocket and plummet just as they were entering college or becoming young professionals gearing up to buy a starter home. As the economy improved, and financial arrested development started to end, some 20- to 30-somethings have started to invest in real estate, but not in the traditional sense. Many have