Is A Million Dollars The New Norm in Ottawa Real Estate?





N
, not really.


So you're comparing to a month that was un-normal. 





A buyer's coming in from BC, just over a million dollars.





17 homes released 17 new builds released......
........ They had 400 applications! 

400 people put their names in for the 17 homes that just tells you how many buyers are actually out there.

I can see the hits. I can see that the traction of what people are looking at, what they're looking for.


They're looking for quick occupancies and most part, if you're looking at, uh, trying to move in before labor day, it's, it's very tough. The banks just can't handle it. You're really looking right now at a, at a late October or an early November.





It was local moves. Now we're getting relocation from across the country coast to coast buyers coming in, we've got a number of buyers coming in from BC and the Atlantic coast of the east, but we have a number of sellers going home.




"Greg, get my house in the market. I want to be out of here before the snow flies."

Lots of new stuff coming including a SIXPLEX 

We have a beautiful rural property coming up along the Rideau River! 

There's more inventory, there's more product.
There's definitely been a shift. 


It's a little more relaxed. It's a little more balanced. Nice to meet up with my home inspector.

Again, I hadn't seen him in in months and just to maintain that relationship. 

So houses are selling with conditions. 

Again, you're seeing finance and inspection conditions. 



You can get the best deal with a cash offer in most cases. 

Our team did not follow the trend of the drop in 20. 

We were actually above last July and we're trending, well ahead of the market. 

When the going gets tough the tough get going

My name is Greg Hamre if we can help you make a move please reach out to us! 

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