Eric’s Ottawa Real Estate Blog

Eric’s Ottawa Real Estate Blog

 


Complete your Vacant Unit Tax for Ottawa by March 21, 2024!

–> Click Here to Declare Your Property Status   If you declare after March 21 you will be fined $250.  And if you don’t file by April 30, the city will add 1% of the assessed property value to your tax bill (they’ll assume that it was vacant u …

Complete your Vacant Unit Tax for Ottawa by March 21, 2024! Read More »


Ottawa’s MLS® Market Thawed in January 2024, but Sales Still Slow

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year av …

Ottawa’s MLS® Market Thawed in January 2024, but Sales Still Slow Read More »


Twas the night before Christmas 2023

Twas the night before Christmas - updated for 2023

Twas a week before Christmas in Santa’s workshop, Not a creature was stirring — you could hear a pin drop. Santa was worried as he wandered around As all of his Elves were nowhere to be found. Christmas was coming, the shop should be bustling With eve …

Twas the night before Christmas 2023 Read More »


Ottawa MLS® Home Sales Stable in November 2023 Amid Growing Supply

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totalled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year a …

Ottawa MLS® Home Sales Stable in November 2023 Amid Growing Supply Read More »


Can a Reverse Mortgage Save Your Retirement Plans?

(The following is from an email of October 20, 2023 which was prepared by Enriched Academy.) [Note: as with all things, it may not suit most people, but it will be a worthwhile option for some. Be sure to research the pros and cons before committing to …

Can a Reverse Mortgage Save Your Retirement Plans? Read More »


Ottawa MLS® Home Sales Hold Steady in Lackluster September

This is a news release from the Ottawa Real Estate Board. The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 946 units in September 2023. This was unchanged from September 2022. Home sales were 29.6% below …

Ottawa MLS® Home Sales Hold Steady in Lackluster September Read More »


Discover the EXP Advantage? Transform your Real Estate Career today

Eric Manherz Real Estate Broker - Royal Lepage Performance Realty

Have you been thinking of switching to a new brokerage?  Steve and I switched just about 2 years ago now to EXP Realty and couldn’t be happier.  We were with Royal Lepage for 16 years and were very happy there thought it might be time to switch to a mo …

Discover the EXP Advantage? Transform your Real Estate Career today Read More »


Buy A Home Now Or Wait? A Mortgage Expert Weighs In

We attended a very interesting webinar on September 20, 2023, by Joanna Lang who is a mortgage agent and managing partner of Outline Financial based in Toronto.  Much of her presentation is based on information concerning Toronto (and from the Toronto …

Buy A Home Now Or Wait? A Mortgage Expert Weighs In Read More »

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