Monthly Archives February 2016

First Time Homebuyers Government Incentive Programs

February 25, 2016 | Comments Off

Thinking of buying your first home? If so, it may be time to get on with it, especially considering the possibility that interest rates will rise. Using government incentive programs that encourage first time homebuyers to enter the real estate market, you can realize additional savings. And, mortgage financing has been almost free for some time, but economic signals point to those costs rising. Mortgage rates may increase Several factors are threatening to push Canadian mortgage rates higher even as the Bank of Canada tries to hold its overnight lending rate down. Fixed mortgage rates are
Read More

Why Listing In January or February Can Make Sense

February 19, 2016 | Comments Off

Although it may seem odd, listing in the winter months can be advantageous for sellers. Statistically, there are indeed more buyers in the spring market. However, there are also more homes for sale, including properties similar to yours. With more competition for the pool of buyers, your chances of finalizing a deal may actually be reduced. Here are several reasons to list in January or February. Financial Planning And Taxes Many families check their finances at year end and start planning their tax returns. And, because of the holiday festivities, it’s often the time for discussions and
Read More

Congratulations to our Award Winners

February 16, 2016 | Comments Off

At Royal LePage Team Realty helping YOU is what we do and we couldn’t do that without a dedicated network of real estate professionals. We would like to take this opportunity to congratulate our 2015 Award winners and thank them for their hard work and dedication. We are so proud to work with those who consistently go above and beyond to ensure their clients are provided with excellent real estate service. Looking forward to an awesome 2016! jQuery(document).ready(function($) { var mpImageSlider = $(“.motopress-image-slider-obj#56de71cdeca0f”); if (mpImageSlider.data(“flexslider”)) { mpImageSlider.flexslider(“destroy”); } if (!true) mpImageSlider.css(“margin-bottom”, 0); mpImageSlider.flexslider({ slideshow: true, animation: “fade”, controlNav: true, slideshowSpeed: 3000, animationSpeed: 600,
Read More

Why Homeowners Should Beware of Icicles

February 13, 2016 | Comments Off

Ottawa’s freeze-thaw weather patterns often create sparkling icicles that look magical. But, they actually identify a dangerous — and potentially costly — hazard, an ice dam. Imagine coming home from work to find water streaming down your interior walls and soaking into the hardwood of your foyer. What would you do? What Is An Ice Dam After frantically tracing the flow, you would find that a pool of water had formed behind a thick ridge of ice in the gutters – hence the term ice dam. Snow on the roof had been melted by heat loss, causing
Read More

Ottawa Real Estate Market Eases off with Cooler January Weather

February 4, 2016 | Comments Off

Ottawa Real Estate “Market Snapshot” January 2016 Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties. If you are curious about the value of your home and/or specific neighbourhood statistics we would be happy to provide you with information, no obligation, please contact us at info@teamrealty.ca if you have any questions. We look forward to hearing from you! _________________________________________________________________________________________________________ *provided by the Ottawa Real Estate Board Members of the Ottawa Real Estate Board sold 601 residential properties in January through the Board’s Multiple
Read More