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In any market, a REALTOR®
works for you
Members of the Ottawa Real Estate Board sold 787 residential properties in February through the Board’s Multiple Listing Service® system compared with 980 in February 2008, representing a decrease of 19.7 per cent. Meanwhile, the average price of residential properties, including condominiums, sold in February in the Ottawa area was $273,719, a decrease of 2.9 per cent over February 2008.
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Green is cool...and saves you money!
Doesn't it seem like the biggest buzzword these days is "green"? It used to be just a colour; now
it's a lifestyle, with a glut of non-toxic cleaning products, recycled printer paper, and alternative
energy companies like Bullfrog Power popping up everywhere. The great thing about green
becoming mainstream is that it can actually save you, the consumer, some money when you
purchase or upgrade your home.
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Mandatory home energy audits?
Last week, the Ontario government unveiled proposed legislation that would, among many other
admirable green initiatives, make home energy audits mandatory for anyone who wants to sell
their home in this province. Ontario REALTORS® are opposed to this idea, for several reasons...
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Neither boom nor bust - so get in there!
Wondering how the resale housing market is doing in Ottawa these days? The Ottawa Real Estate Board
released its January sale statistics last week, and they showed that members of the Board sold 530
residential properties in January through the Multiple Listing Service® system compared with 652 in
January 2008. Those numbers represent a decrease of 18.7 per cent.
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New provincial legislation will cost homeowners
The Ontario government announced in its budget last month that it will create a Harmonized
Sales tax (HST) in this province effective in July of next year. The government is promoting this
tax as being good for Ontario businesses. What may be less clear is that HST is bad news for
Ontarians who are hoping to purchase a home.
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Pricing Your Home in Today's Market
When you decide to put your home on the market, how much do you ask for it? The
value a homeowner places on his or her home can be emotionally loaded. An experienced
REALTOR® is detached from the emotional aspect of your home and can be of great
assistance in helping you determine an asking price that is both satisfactory and realistic.
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