What Is My Home Worth

An Entirely New Article About Understanding the Value of Your Home… Coming soon…!

Ottawa Condo Prices – Older vs. Newer

Talking about Ottawa condo prices with one of my clients recently, I realised it’s been 6 years since I looked at the average selling price trend for older vs. newer condo apartments in Ottawa. Here’s the article from 2012: Are New or Re-Sale Condos a Better Investment? Fast forward to today; let’s take a look at the average selling price …

Ottawa Bidding Wars

Bidding Wars That Aren’t

Have you read the CBC article from April 25th about Ottawa real estate’s “Perfect Storm” intensifying “Bidding Wars”? I’d like to go through this article and shed some light on a few of the pronouncements it makes. You can read the original article here: CBC Article: Bidding Wars Intensify It’s fun working in real estate because almost everybody finds it interesting …

Selling – Dealing With The Agent Who Already Has a Buyer

Law makers are waking up to some of the old school sales tactics that are unfortunately still common in the real estate business. CBC’s Marketplace ran their story (episode 44 – you can Google it if you haven’t seen it) about Realtors in Toronto working both sides of a transaction for the benefit of themselves (and buyer customers or clients) …

October 2017 Market Update

This month I think that two charts tell the 2017 story on their own, if you read between the lines. In an environment where more people are buying homes and condos than any time in the past 6 years, and simultaneously fewer people are offering their properties for sale, what would you expect to happen to prices? There are times …

Real Estate Cash Offer

Rise of the Real Estate Cash Offer Nightmare

Your home hits the market and bam! You receive multiple offers – how excellent is that? And now you have to decide which offer to work with, or to accept. A quick glance reveals that the prices are all very close, the closing dates are all acceptable, and there is little to obviously set one of the offers apart from …

Another Cap Rate Abomination

Some day I will have to write the complete story on capitalization rates in real estate. Knowing me, that will be a long article. There are many angles to cover, from its use and mis-use, misunderstanding and misapplication to the basics of what it measures and what it means.

Irrevocable Time On Real Estate Offers

Irrevocably Yours – Part 1

The irrevocable time on an offer – what does it mean? If you’re making an offer on a property, what time frame should you set? If you’re selling a property, how should you treat the irrevocable date on offers you receive?

Is Orleans Really Sinking (…and do you want to swim?)

A lot of people are talking about house prices in Orleans as though they are sinking like a sunset in 2017. Is it true? Is it time to head West? House prices at any given time are extremely dependent on their precise location. Asking how Orleans prices are doing is fine, but typically what you’ll see is that they are up in one area and down in another.

RED Alert 19

RED Alert number 19 is a character charmer in the Town of Perth. This one has plenty of lift potential with lots of cosmetic work to be done. A great retirement project and home for yourself, or potentially outstanding retirement income generator providing the perfect retirement setting for others.