Posts Tagged ‘Buyer Ottawa’

Predictions for Spring Market

Posted on: February 22nd, 2024 by Chris Scott

Spring is approaching, and the real estate market, after a unique start in 2024 with hesitant buyers and sellers, is showing signs of optimism. Check out why we expect a pickup in activity as confidence grows, anticipating a dynamic and bustling season ahead. If you have questions about what’s happening in your neighbourhood, please don’t hesitate to get in touch. My team and I would love to have a chat with you.

 

 

 

 

 

 

 

Neighbourhood Stats Popular for Military Clients Relocating to Ottawa

Posted on: January 3rd, 2024 by Chris Scott

When military clients get transferred to Ottawa, they are often looking in the core 5 Suburban neighbourhoods. Much depends on where our clients will be posted to within the city. Popular areas now tend to be West Ottawa due to NDHQ being in the Nortel complex in Nepean. For a helpful reference, we publish monthly stats for these suburban neighborhoods. There is so much to know before you start looking. Get in touch with us as we specialize in helping military clients purchase in the Ottawa area. 

 

Colin’s Army Run Success

Posted on: September 22nd, 2023 by Chris Scott

This year, Colin, made us proud by participating in the Army Run, where he excelled in both the 5K and 10K races. Notably, he achieved personal best times in both events and ranked 58th out of 715 participants in the Sergeant Majors Challenge. Colin’s dedication extended beyond the race, as he also raised significant funds for the military.

Our commitment to supporting military families in Ottawa is unwavering. We understand the unique challenges they face during relocation, and our local expertise and tailored services ensure a smooth transition. Colin’s exceptional performance exemplifies our dedication to making a positive impact on our military clients.

OTTAWA SPRING MARKET UPDATE

Posted on: March 11th, 2022 by Chris Scott

When relocating to another city it is important to know what is going on in that real estate market. We wanted to share our most recent update and video, to assist you with planning for your house hunting trip to Ottawa.

 

Things are picking up as we head into the Spring season. We have seen a 52% increase in transactions from January to February of 2022 via MLS. This is a strong indicator that the Spring market has sprung.

The number of new listings in February (1,762) offers some hope for prospective Buyers. At 4% higher than the five-year average and 12% higher than February 2021, it resulted in an almost 10% increase in residential-class property inventory compared to last year at this time.

There is hope that the trend of increased new listings will continue so that the housing stock can be replenished.

We are now sitting at less than a month’s worth of inventory, which is still looking like a seller’s market. This means buyers need to have all of their financing set up so that they can move quickly in this market.

Our team has strategies that can help both our buyers and our sellers in this type of market. Please reach out if you have any questions about the current market or anything else we can help with.

WE ARE PROACTIVE FOR OUR MILITARY CLIENTS

Posted on: March 2nd, 2022 by Chris Scott

I know that one of the biggest challenges with real estate and house hunting in Ottawa is the lack of available homes for sale. Rest assured our team is doing everything we can to find off-market opportunities for our incoming military buyers. We were able to pair up a few military clients last year with off-market deals. We have just proactively sent out over 25,000 letters for this express purpose to our local communities.

 

The system does work. Here is an example:

A seller in Jackson Trails, Stittsville got in contact with us about selling their detached 4 bedroom home. On the outside, it looked like most others in the area. On the inside, the house was extremely cluttered. Writing that I almost feel like that is an understatement. Lots of religious artifacts throughout the house and it would have needed a total staging overhaul. I presented each option to the seller and they said they would consider an offer off market if they could get a very specific price. The price was about what they would have got if it was staged.

On the other side, our buyers were coming in as a military transfer from another Canadian base were getting fed up with the process of offering against 15-20 other offers. It can be overwhelming, to say the least. They were happy to pay a slight premium for the exclusivity of the deal. This allowed everyone to leave happy.

We also had another past military client sell exclusively to an international military transfer to Ottawa. Again, they had a price they wanted and we delivered. In both cases, the process was smooth with only one showing each. In both cases, the buyer did not actually see the home in person until we showed up on closing date. We took care of every detail of these purchases and sales for our clients. House hunting is stressful enough, add on top of that relocating to a new city, we pride ourselves on being there every step of the way.

In closing our team is proactive with trying to produce options for our military clients relocating to Ottawa. If you are posted to Ottawa feel free to get in touch with our team. We are here to help!

KELLER WILLIAMS NEW MILITARY DIVISION

Posted on: February 28th, 2022 by Chris Scott

I am so excited about our new military division coming to Keller Williams! We are the first major brand to have such a division. It reinforces the importance our company places in supporting our troops with their real estate needs.

It was such an honor to meet Levi Rodgers. He is the new head of the Keller Williams military division. He is a veteran with an incredible story of bravery and determination. During his deployment, his vehicle was hit with an IED. He was the only one to survive the attack. He was heroically dragged to safety and there was not much hope he would make it. He was in a coma for weeks and had years of recovery ahead of him. Suffering from injuries and PTSD he left the army to start a career in real estate. He now operates one of the largest real estate teams in North America with over $900M in annual sales. Incredible achievement. Talk about perseverance!

I am so thrilled to work with and learn from Levi. Our team is proud to serve so many CAF members as buyers and sellers every year who relocate into and out of Ottawa. This new division will provide training and networks not available anywhere else. We will have the best connections across Canada and North America for our Ottawa clients who are posted out. I am so proud to be a part of this company that is so aligned with what we do. This new division ties so nicely to a core pillar of our business, assisting members of our military with their real estate needs.