Eric’s Ottawa Real Estate Blog

 


3.2 million boomers in Canada considering buying a home within the next five years

Survey Highlights: 40% of boomer homeowners have at least half of their net wealth in real estate 52% of boomer homeowners would prefer to renovate their current property over moving 17% of boomer homeowners currently own more than one property 64% of …

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Residential Resale Market: A Tale of Two May Lockdowns

    Residential Resale Market: A Tale of Two May Lockdowns   OTTAWA, June 3, 2021 (by The Ottawa Real Estate Board) – Members of the Ottawa Real Estate Board sold 2,296 residential properties in May through the Board’s Multiple Listing S …

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The Shift In Selling Price Ranges In Ottawa

# of Sales by Price Range in Ottawa

Note: the chart above compares sales for January through May for each year, not the entire year. Busy, busy, busy: the Ottawa real estate market has been busy this year. Of course, it started getting very busy a couple of years ago. Then it slowed righ …

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How Much More Will You Have To Offer To Buy That House in Ottawa?

Chart of Sale Price Above or Below Asking

(posted 2021 May 1 by Steve) The question How much are people paying above (or below) the list (asking) price in Ottawa? The quick answer Overall, most properties in Ottawa sold at, or more than, the list price.  No surprise, right?  But there were exc …

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So many buyers; so few homes for sale!

Less Than 1 Month of Inventory!

Less Than 1 Month of Inventory in Ottawa! Months of Inventory is a measure of how fast all the existing homes on the market would last assuming a) no more listings are added, and b) the rate at which homes sell is a constant figure based on the average …

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Get Experienced Assistance For Seniors And Their Families

Get Experienced Assistance For Seniors And Their Families

THE ERIC MANHERZ TEAM IS EXPERIENCED ASSISTING SENIORS The Eric Manherz team has worked with many young and not-so-young seniors and their families.  It’s always our pleasure to help them to achieve their real estate goals.  You may be considering a mo …

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8 Reasons Why Downsizing Can Be Good

Downsizing from your castle to something comfortable

Downsizing Isn’t a Four-Letter Word In real estate, downsizing provides homeowners with a wealth of opportunities. Every year, many seniors and retirees elect to purchase a smaller property than the one they currently own. Whether you’re switching to a …

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Look Inside Our Most Recent Newsletter

Our Printed Newsletter For Our Clients

Click the expansion button in the panel below to view on fullscreen. You’re also welcome to Subscribe to our e-Newsletter which we send out at the beginning of each month. Keep informed with the Ottawa Real Estate Market Update, and a couple of article …

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