Markets have demonstrated a solid demand for resale housing in the Ottawa Housing Market. In May the Canada Mortgage and Housing Corporation stated that the Ottawa Housing Market Outlook transitioned from a seller’s market to a balanced market in 2010 and will remain in that for 2011. CMHC analysts define Ottawa’s resale housing market as balanced when between 35 and 55 per cent of the number of homes listed for sale in a given month are sold. Translated into English, this means that the Ottawa/Carleton region is a good place to be buying or selling residential properties, investment or commercial investments.
“Sales numbers for May were virtually unchanged from 2010, but prices continued to rise at about the same rate as we have seen for the past few months, demonstrating solid demand for resale housing in our area,” said Board President Joanne Tibbles. “A balanced market offers no distinct advantage to either buyers or sellers, so I’d advise anyone thinking of buying or selling to work with a local REALTOR® to help them achieve their goals. There are different strategies for marketing a home or making an offer to purchase in a balanced market versus a buyer’s or seller’s market. An Ottawa REALTOR® can help make the process easier for consumers,” Tibbles added.
Real Estate Agents in Ottawa are knowledgeable experts at matching the right home and community with the right buyer. To get the best price, negotiation, locale and design it can be very difficult to find the information that you need. There are many decisions that need to be made in any Real Estate transaction, and they are all equally important. Having the proper support from an accomplished Real Estate Agent is will allow to sleep soundly at night, after all of the papers have been signed.
http://socialcolt.com/ Colt Charlebois of Syner Capital is a Real Estate Agent in the Ottawa Real Estate market, who has worked with hundreds of investors from across North America and worldwide. See their easy-to-use website which allows investors to peruse available properties at their leisure. They can be found at 1376 Bank Street, Suite 500, Ottawa, Ontario, K1H 7Y3 or reached at 613 853 8226 or emailed at colt@socialcolt.com.
“Sales numbers for May were virtually unchanged from 2010, but prices continued to rise at about the same rate as we have seen for the past few months, demonstrating solid demand for resale housing in our area,” said Board President Joanne Tibbles. “A balanced market offers no distinct advantage to either buyers or sellers, so I’d advise anyone thinking of buying or selling to work with a local REALTOR® to help them achieve their goals. There are different strategies for marketing a home or making an offer to purchase in a balanced market versus a buyer’s or seller’s market. An Ottawa REALTOR® can help make the process easier for consumers,” Tibbles added.
Real Estate Agents in Ottawa are knowledgeable experts at matching the right home and community with the right buyer. To get the best price, negotiation, locale and design it can be very difficult to find the information that you need. There are many decisions that need to be made in any Real Estate transaction, and they are all equally important. Having the proper support from an accomplished Real Estate Agent is will allow to sleep soundly at night, after all of the papers have been signed.
http://socialcolt.com/ Colt Charlebois of Syner Capital is a Real Estate Agent in the Ottawa Real Estate market, who has worked with hundreds of investors from across North America and worldwide. See their easy-to-use website which allows investors to peruse available properties at their leisure. They can be found at 1376 Bank Street, Suite 500, Ottawa, Ontario, K1H 7Y3 or reached at 613 853 8226 or emailed at colt@socialcolt.com.
