As for the Ottawa housing starts, they were also up 35% in September over 2010 according to CHMC. A total of 627 units, a jump of 164 units over last year.
Good news all around!
Wednesday, October 12, 2011
Ottawa on the up in September
Ottawa resales were up 12% in September according to the Ottawa Real Estate Board. This is great news for all Ottawa housing and investors. 1,202 properties were sold last month, an increase of 12.2% over 2010. Of the 1,202 sales, 280 were condos. This also encouraged an increase in average sales price by 3.4%.
As for the Ottawa housing starts, they were also up 35% in September over 2010 according to CHMC. A total of 627 units, a jump of 164 units over last year.
Good news all around!
As for the Ottawa housing starts, they were also up 35% in September over 2010 according to CHMC. A total of 627 units, a jump of 164 units over last year.
Good news all around!
Soho Lisgar
There is still some very good units available at Soho Lisgar, recently 4 more floors were added to this centrally located hotel inspired condominium. Starting in the upper $200,000, these condos are manage by Soho Metropolitan Group. They include Gluckstein-designed floor plans, bathrooms and common areas. There is over 7,000 sq.ft. of amenity space, including a Dalton Brown Gym, infinity tub, lap pool etc. Don't miss this great opportunity.
Tuesday, March 8, 2011
Be a home owner today in Orleans.
Did you know that there is over 15 condos in Orleans listed under 200k right now. You could own your every own 2 bed, 2 bath condo for around 1000$ a month (mortgage payment, condo fees and taxes) with 5% down. Ask me today!
Thursday, March 3, 2011
Be careful when buying a new home or condo!!!
There is nothing more exciting than shopping for a new home or condo. Floor plan selections, color selections and personalizing your unit is all apart of the experience of buying pre-construction. Sometimes it can be a daunting task and seem a bit overwhelming especially if your doing this for the first time.
Something to remember when visiting these lavish show homes is that most of these places are usually fully upgraded and sometimes cost more than $50,000 than the indicated price on the price list in the luxurious package given to you. It is important to ask the sales person what is standard and upgraded in the model that you are viewing.
When you get into that affordable luxury [segment], people don’t want death by 1,000 cuts,” says David McComb, president of Edenshaw Homes “They don’t want to walk in and see a beautiful display suite, only to find out in order to get to that level they have to spend another $150,000. We try to show exactly what they’re getting [so they] know when they look at the sticker price that value is in the number.”
Our new projects are now offering fully upgraded units for a very low price with specifications that include granite or quartz counter tops, hardwood throughout, 39'-42' inch kitchen cabinets as well as integrated appliances of up to a value of $18,000.
These are substantial savings because you want all these upgrades done before moving in so it saves you from doing renovations, which could add additional costs such as labour and taxes.
Call me today to find out which projects are available with all these great upgrades already included in the purchase price.
Something to remember when visiting these lavish show homes is that most of these places are usually fully upgraded and sometimes cost more than $50,000 than the indicated price on the price list in the luxurious package given to you. It is important to ask the sales person what is standard and upgraded in the model that you are viewing.
When you get into that affordable luxury [segment], people don’t want death by 1,000 cuts,” says David McComb, president of Edenshaw Homes “They don’t want to walk in and see a beautiful display suite, only to find out in order to get to that level they have to spend another $150,000. We try to show exactly what they’re getting [so they] know when they look at the sticker price that value is in the number.”
Our new projects are now offering fully upgraded units for a very low price with specifications that include granite or quartz counter tops, hardwood throughout, 39'-42' inch kitchen cabinets as well as integrated appliances of up to a value of $18,000.
These are substantial savings because you want all these upgrades done before moving in so it saves you from doing renovations, which could add additional costs such as labour and taxes.
Call me today to find out which projects are available with all these great upgrades already included in the purchase price.
Wednesday, January 26, 2011
Best Worldwide
Ottawa real estate broker Marnie Bennett has been named the top broker worldwide for Keller Williams Realty International (KWRI) for 2010.
Bennett and her team of 31 agents and support staff surpassed all other KWRI agencies, selling more than 600 homes in a year that was hampered by the introduction of the HST, changes to mortgage regulations and an unstable economy.
Bennett, 57, is the first Canadian woman to achieve this honour. She credits much her success to embracing social media and building relationships with customers.
She said one of the biggest changes in real estate over her 30-year career is how women have progressed from working real estate on a part-time basis to making it their career.
“It’s an industry now. People now realize the scope of it and how it can be the greatest asset of their life.”
She said condos and townhomes are hot commodities in Ottawa these days, far outselling single-family homes.
“I would say the single market represents about 20% (of sales) and the rest are condos and townhomes.”
The Conservative government’s decision to make it tougher for first-time home buyers to get a mortgage is unnecessary, Bennett argued.
“I don’t think they should be doing that. We have the best banking system in the world. They are very careful how they qualify people.”
That said, there are bigger fish to fry in this province.
“The biggest problem we have in Ontario is the HST.”
scott.taylor@sunmedia.ca
Were number 1
An Ottawa real estate saleswoman has found herself on top of the world, thanks to her focus on marketing.
Marnie Bennett, an agent with Keller Williams, and founder of Bennett Real Estate Professionals, has been named the No. 1 Broker Worldwide for Keller Williams Realty International in 2010.
Bennett, 57, employs a team of 30 employees, including her three children, her husband, and some of her extended family.
Her team sold 627 new and resale homes last year, besting more than 80,000 other Keller Williams agents around the globe.
"Though there were challenges in 2010, we simply remained focused on our customers," says Bennett, who describes herself as "thrilled" with the recognition for her team's achievement.
Bennett, a fixture in Ottawa's real estate industry for 30 years, has developed a reputation as Ottawa's "condo queen," and her success in selling condominiums propelled her to the top of the Keller Williams ladder. She says she is involved in 25 per cent of all new condo sales in the nation's capital. More than 350 of the units she sold in 2010 were new, and a large number of those were condos. Her group helped to sell about 250 resale homes last year.
Her climb to condo royalty started in 2004 when she was contacted to help market Terry Guilbault's $60 million condominium development at 90 George St. on the edge of the ByWard Market. Bennett says it was then she realized Ottawa's condo potential.
The city has high average incomes, affordable real estate and the largest concentration of baby boomers in Canada.
As those people downsized, the market would be ripe for a condominium sales specialist. She hired interior decorators to help stage model homes and condos, filled a warehouse with quality furniture and brought 17 licensed real estate agents on staff to help with sales initiatives.
Demand for her marketing and sales expertise skyrocketed. She has been involved in several condo developments including, most recently, an Ashcroft Homes project on Richmond Road in Westboro, on the property that once housed the Sisters of Visitation Convent.
Barry Nabatian, an analyst with real estate research firm Shore Tanner and Associates, applauded Bennett. "She is really successful. She is very well known in Ottawa," he said.
"That is really impressive. She has really developed a knack for this."
Nabatian said a driving factor in her success has been the strength of the Ottawa real estate market through the economic downturn. While the volume of resale homes dipped between 2009 and 2010, average selling prices have increased by six to seven per cent, said Nabatian. Many other markets, especially those in the United States, have fared far worse.
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Read more: http://www.ottawacitizen.com/business/Queen+condos/4168054/story.html#ixzz1C9Ln3rks
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