Annual Feature: Ottawa’s real estate market in 2024 showed resilience, with increased home sales and steady price growth despite high interest rates. Active listings rose significantly, giving buyers more options. As we move into 2025, what can we expect? Will prices continue to rise, or will economic factors lead to a more balanced market? This article looks back at 2024’s key trends, major real estate stories, and expert predictions for the year ahead in Ottawa real estate.
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#NickAnswersReddit: This week, Nick tackles an uncommon but stressful real estate scenario: what happens if a Seller wants to back out of a sale? Whether you’re buying or selling, understanding the legal implications and possible next steps is essential. Nick explains the process, your options, and how to protect yourself from financial fallout.
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Thinking about waiting for the perfect time to buy or sell your home? The idea of “timing the market” is tempting—but in real estate, predicting highs and lows is far riskier than it seems. Market trends shift due to factors beyond our control, and waiting for the “best” moment could mean missed opportunities, increased costs, or unnecessary stress.
#NickAnswersReddit: A prospective homebuyer in Ontario is concerned about unpermitted structural modifications in a property built in 1995. Nick provides insights into assessing such changes, the importance of professional evaluations, and the role of title insurance in mitigating potential risks.
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#NickAnswersReddit: Are you a young individual aiming to become a successful realtor in Canada? Discover actionable steps you can take now to set the foundation for a thriving real estate career, including education, networking, and market research.
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