Recent Blog Posts by CENTURY 21 Capital Realty Inc.

Announcing!!!!

I would like to introduce you to my daughter Stacey Ludlow. Stacey has taken the plunge and is now selling real estate. Since I have been selling real estate for almost 25 years, Stacey has been immersed in lifestyle for a most of her life and has been working with me behind the scenes for a number of years. She brings enthusiasm along with great marketing and networking ...

Your house

Here is a great article from the Ottawa Citizen. Great reminders about keeping your house running well. http://www.househunting.ca/ottawa/Quick+tips+keep+your+home+running+well/5744507/story.html?cid=megadrop_story

Economic Impact of Buying a House

This is a great article on the impact on the economy when people are buying homes. http://blog.buzzbuzzhome.com/search/label/Ontario

Curb Appeal is so important

 This is a great article from Investopedia on how to give your house curb appeal on a budget. http://ca.finance.yahoo.com/news/How-To-Improve-Curb-Appeal-On-investopedia-133983936.html?&mod=pf-sp14c

Cottages

Why is the 1,200-sq.-ft., sub-$300,000 cottage so stable and unshakable in value? Simply, it is the most numerically desirable cottage on the market. Its combination of price and features mean that more people are seriously interested in 
it than any other level of cottage property. In elementary economic theory, when there’s high demand for a product and limited supply, the price usually rises. ...

Ottawa Real Estate Market

Ottawa real estate market is expected to stay strong for the balance of 2011 and into next year, according to CMHC. Check out this article in the Ottawa Citizen. http://www.ottawacitizen.com/business/Housing+correction+cards+according+CMHC+report/5300081/story.html

Summer Moving Tips

School’s out, the weather’s nice, and home buying season is in full swing. No wonder summer is the hottest time for Canadians to make their move. By preparing ahead of time, you can help make this adventure as stress-free as possible. Plan ahead - If you plan to use a mover, shop around to get the best rates—check their credentials and policies, and make sure they have a good ...

Threee reasons why Canada's real estate industry will continue to flourish

1) Buying or selling real estate is infrequent. The average person will buy or sell a home between 3 and 5 times in their entire life. 2) The product (a home) is not standardized. It is unique and does not come “in one size fits all” 3) The performance behind a real estate transaction is uncertain and, when dealing with an investment of this size, uncertainty leads to high risk. Research ...

5 Tips for Nature-friendly Spring Cleaning

This Nature Canada Newsletter has some very timely tips for homeowners. Check out the 5 Tips for Nature-friendly Spring Cleaning and the 6 Hot Tips for Cool Summer living. After all the rain we are expecting a hot summer - great - so we should get prepared.     http://www.naturecanada.ca/enews_mar10_springcleaning.asp

5 Tips for Nature-friendly Spring Cleaning

This Nature Canada Newsletter has some very timely tips for homeowners. Check out the 5 Tips for Nature-friendly Spring Cleaning and the 6 Hot Tips for Cool Summer living. After all the rain we are expecting a hot summer - great - so we should get prepared.     http://www.naturecanada.ca/enews_mar10_springcleaning.asp

What Real Estate Agents Really Do!

I have been reading this blog written by a home owner who went through the process of trying to sell her house by herself without the help of a Realtor. It is an honest and detailed account of what she went through and how she feels about how it went.  What strikes me is that we as Realtors don't do a good enough job of explaining to our clients and the public in general, what we really do. We ...

Living in Ottawa

Ottawa you are a great city to live in.  Your homes are affordable and your real estate market is stable and steady. Most families consider their home one of their best investments and are very proud of where they live.  There is always something interesting to do - last week I cycled 70 kilometers for the CN biker tour.  Even though spring is late this year, you don't want to miss ...

More homes on the market now

Spring is in the air and homes are coming on the market. Here are two properties I have just listed. www.28shouldice.com a great starter home in Kanata.  I have also a really nice condo apartment in Kanata www.60teron.com  Homes are still selling well with buyers for all price ranges.    

GARAGE SALE

How to Hold an Online Garage Sale With Spring’s arrival, you may be thinking about emptying closets and ridding yourself of unwanted items. And if you’re thinking about moving, one important step is to get rid of clutter that may have accumulated around your home. Organizing a traditional garage sale can be a hassle when you have to gather all your unwanted items, tag inventory, post ...

Real Estate Article

I think everyone is interested in real estate and what drives the market.http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/four-key-factors-that-drive-the-real-estate-market/article1917181/singlepage/#articlecontent

Ottawa Real Estate

  Sales in the second half of 2010 rebounded faster than CREA had previously expected."The hand-off going into 2011, together with the highs and lows for sales activity posted in 2010, provided guidance for CREA's revised forecast," said Gregory Klump, CREA Chief Economist. "Home buyers recognize that low mortgage interest rates represent a once in a lifetime opportunity. At the same ...

Spring Market

 It is very hard to think of the Real Estate Spring maket at the beginning of February in Ottawa. Here we are in the middle of a snow storm and it is cold and likely to stay cold till some time late in March. However, the buying cycle has started. There are buyers looking right now for homes to move in March and April. There are many buyers who enter into an agreement in February and don't actually ...

Percentage increase or decrease in Ottawa year after year

Ottawa Real Estate Board MLS Residential Sales (including Condominium) Percentage Increase or Decrease over Previous Year Average Percent Year Sale Price Change 1956 $ 13,351 0.2 1957 $ 14,230 6.6 1958 $ 15,564 9.3 1959 $ 16,038 3.1 1960 $ 16,791 4.7 1961 $ 16,070 -4.3 1962 $ 15,952 -0.7 1963 $ 16,549 3.7 1964 $ 16,563 0.1 1965 $ 17,056 3.0 1966 $ 18,004 5.6 1967 ...

CREA and the Competition Bureau -recap of the agreement

Ottawa – October 25, 2010 – Message from OREB President Pierre de Varennes The agreement will be registered on Monday October 25th with the Competition Tribunal, making it an Order of the Tribunal. To recap, the agreement: Does not give the public direct access to the MLS® System or to REALTOR.ca; the Membership Pillar has not changed and the MLS® System remains a member to ...

Bonus Airmiles

For a limited time, earn 100 Bonus AIR Miles reward miles when you buy or sell your home through Peter Sardelis and CENTURY 21 Capital Realty Inc.   Be sure to ask me about my REFERRAL AIR MILES promotion.   Peter Sardelis CCIM Broker of Record for Century 21 Capital Realty Inc. e-mail: peter.sardelis@century21.ca

Canadian Real Estate Association Resolving the Competion Bureau

I wanted to take a moment and write a blog and express my opinion about the Canadian Real Estate Associations proposed settlement with the Competition Bureau, but when I read the link below it summed it up for me. On the Canadian Real Estate Association Resolving the Competition Bureau… | Richard Silver’s Downtow

Still a Seller's market in Ottawa

Still a seller’s market in Ottawa; prices rise steadily (the following information is provided by thr Ottawa Real Estate Board) Ottawa, August 5,2010 :Members of the Ottawa Real Estate Board sold 1,149 residential properties in July through the Board’s Multiple Listing Service® system compared with 1,578 in July 2009, a decrease of 27.2 per cent.Of those sales, 294 were in ...

Ottawa Real Estate Market Statistical Data for June 2010

Inventory Increases, Market Balances in June Members of the Ottawa Real Estate Board sold 1,615 residential properties in June through the Board's Multiple Listing Service®  system compared with 1,897 in June 2009, a decrease of 14.9 per cent. Of those sales, 418 were in the condominium property class, while 1,197 were in the residential property class. The condominium property class includes ...

Is Real Estate in Ottawa moving to a more balanced market?

  Here are some quotes about our current real estate market. I am optimistic about the rest of the year. Right now everyone is taking a breather and trying to figure out how the HST is going to affect our day-to-day budgets and our ability to buy or sell homes.  Hopefully the market should quickly get back on track and move to a more balanced market. A ...

An Education that never ends

  The real estate business, like many others, is one that is constantly changing, evolving and reinventing itself. So as you can imagine, there is a pressing need for those who work in this business to continually educate themselves about new ideas, developments and issues. In fact, in Ontario, every person who is registered to trade in real estate is required by the Real Estate Council ...