Contact Information
Jody Lavoie Real Estate Broker Royal LePage Team 11-2900 Woodroffe Ave. Nepean, ON, K2J 4G3
Office: 613-825-7653 Fax: 613 825 8762
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A Great Start to 2010 for Ottawa’s Housing Market
Members of the Ottawa Real Estate Board sold 713 residential properties in January through the Board’s Multiple Listing Service® system compared with 529 in January 2009, an increase of 34.8 per cent. Of those sales, 156 were in the condominium property class, while 557 were in the residential property class... Read More... Courtesy of the Ottawa Real Estate Board
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Canadians More Cautious About Debt Than Americans
Gord Nixon, president and chief executive officer of Royal Bank of Canada, told an industry conference on Thursday that strength in the residential real-estate market is fuelling personal loan growth in Canada. That suggests that assets underlying household debt are extremely different between Canada and the United States... Read More... Courtesy of the Toronto Star
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Green Your Home for 2010
At the start of each new year I want a clean start, similar to a spring clean. I yearn for order, structure, organization and cleanliness. I tackle closets, kitchen cupboards and shelves, getting rid of things we don't need or use and starting fresh. This year instead of cleaning house, I will be 'greening' my house... Read More... Courtesy of Yourhome.ca
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2009 Home Sales Set Ottawa Record
One year ago, home sales in Ottawa seemed headed for a chilly stretch. But bargain mortgage rates and a rising consumer confidence that took hold in the capital earlier than in some other cities turned 2009 into the market’s hottest year yet. Ottawa real-estate agents last year sold a record 14,742 properties — a 7.4-per-cent jump from 2008, when the sudden arrival of the recession sapped sales in later months... Read More... Courtesy of The Ottawa Citizen
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Prospective Home Owners Should Stress-Test Their Budgets
In recent weeks, the Finance Department and the Bank of Canada have both issued warnings to consumers about not getting overextended borrowing at today's historically low interest rates. In several recent blogs and columns, I've made a similar point aimed at bond investors: that it's only a matter of time before rates start rising again... Read More... Courtesy of Financial Post
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Strong Residential Market Expected for Early 2010
Canada’s residential real estate market is forecast to remain unusually strong through the first half of 2010 as economic conditions across the country improve and the stimulus impact of low interest rates continues to stoke demand, according to today’s Royal LePage House Price Survey and Market Survey Forecast. In early 2010, increases in average house price levels and overall market activity are expected to continue... Read More... Courtesy of Royal Lepage
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