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When owning a home, there are a few different ways you can be classified in the ownership, but when going through the process of signing all the papers, figuring out which type suits you best can be overlooked. If you are not listed on the ownership papers, you can face detrimental consequences when moving again …
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The real estate industry brings in millions of dollars every year, yet the regulations don’t seem well aligned with a hot Sellers Market.  While Ottawa’s housing market isn’t the craziest in Canada, it gets plenty of traction. According to the Ottawa Real Estate Board, the first Quarter has shown housing prices having a significant increase, …
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There has been a steady increase in housing prices in every major Ontario hub over the last twenty months. It is only natural to question the longevity and sustainability of the rise. Looking back at the housing market in previous years in Ottawa can usually give a good idea of prices. Since the housing market …
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While the pandemic brought on many negative aspects, one positive we found was upwards growth in Ottawa housing market sales. We anticipate another change in the housing market, but this time, it will be growth in the rental market. More recently, we have seen a shift in demand for rental unit housing. This is most …
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Everything you need to know Your property is the most important purchase that you will make in your life. However, the purchase does not end with the cost of the property itself. Closing costs – including the items listed below – can really add up. You must factor these costs in to your budget to …
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Looking towards the end of the pandemic Thanks to the COVID-19 pandemic, 2020 was a historic year that has changed the course of our future – including the future of real estate. What can we expect? Space: the new luxury As more Canadians are turning to permanently working from home, living in urban metropolises is …
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What you need to know First-time home buyers in Canada’s most expensive housing markets will soon have an easier time qualifying for the First-Time Home Buyer Incentive (FTHBI).  The program traditionally allows buyers to take out a smaller mortgage with lower monthly payments by providing an interest-free loan to boost down payment by either 5-10 …
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The pandemic has brought on an unprecedented boom in real estate in the country as a whole – and the Greater Ottawa Area is seeing these effects. Overwhelming demand, bidding wars, multiple offers scenarios and movement to suburban areas have led to a surge in real estate prices in the Greater Ottawa Area. Members of …
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In March 2020, 5 million Canadians pivoted to working from home. One year later, that figure has now ballooned to 7.2 million Canadians. The bottom line? Working from home is here to stay. Though it has its undeniable perks (no commute time, anyone?), working from home also presents serious challenges. Employees often find themselves drained …
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Divorce in itself is already a time of emotional and financial stress. Throwing real estate needs into the mix can make this period unbearably overwhelming. Your real estate team can use their expertise to help you make this transition as smooth and worry-free as possible. Here is some helpful information about divorce and real estate …
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