Sold Signs Everywhere


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Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | October 2nd, 2012


If you are thinking of listing your Ottawa home for sale this fall, it is not too late. There is still lot of time to have you in a new home or condo before the holiday season.

Sold Signs Real Estate Hamre Remax

The Media is always 30 days late. It is understandable. To have a real feel for the Ottawa real estate market, you need to be in the business. “In the business” meaning you're negotiating on a daily basis and have the feel for the latest activities in the Ottawa Real Estate market. The Ottawa realtors at Team Hamre at RE/MAX metro City negotiate on a daily basis. We sell a listing in Ottawa every day and a half. We know the market.

There has been lots of talk about the Ottawa real estate market slowing down. New mortgage rules, a summer that offered wonderful weather and the talk of layoffs in the Public Service sector of the Government contributed to this notion. Traditionally, the back to school time period takes priority over the real estate market. It is almost a foreseeable seasonal slowdown.   

Once the media started talking about the real estate market, things actually picked up. “Now all the talk is about sold signs everywhere” say John Humphreys of Team Hamre of Ottawa real estate agents at RE/MAX metro city.  The traffic patterns at our open house listings were quite high in September. We knew that there were series Buyers “in the market.”

Homes and Condos in Ottawa are selling. The mood in the city of Ottawa is very positive. It is an absolutely perfect time to be a Buyer. The selection of MLS listings has never been better at this time of year and interest rates certainly attractive. We have seen 5 year rates posted as low as 2.99%. That is awesome!

Contact Team Hamre of RE/MAX metro city at 613-841-2111 or visit our web site at;  http://www.WeKnowOttawa.com