Trend Tracker

2ndQ Residential Stats 2010
List Price  Sale Price 
increase2.jpg
+4.02%
increase2.jpg
+3.62%
Click Here to see all the quarterly and Year over Year stats for Residential Homes sold in the Ottawa Area
2nd Q Condo Stats 2010
List Price  Sale Price 
increase2.jpg
+0.15%
decrease1.jpg
-0.39%
Click Here to see all the quarterly and Year over Year stats for Condos sold in the Ottawa Area.

* Based on MLS® Stats

What is MLS?

Vancouver Sun Read entire article here
Realtors compete with each other for your business, but at the same time cooperate to help you buy or sell property. That unique concept of cooperating while competing lead to creation of the Multiple Listing Service (MLS) in 1950 by the Real Estate Board of Greater Vancouver.

The MLS is fundamentally a cooperative marketing system that helps the public buy and sell real estate. It’s a system for sharing information between realtors on homes for sale.

Through the MLS system, the realtor who represents a seller is inviting all other realtors to offer that home for sale to their buyers. Sellers therefore have all the realtors in their community seeking buyers for their homes.

“For buyers, it’s a one-stop shopping experience,” says Jake Moldowan, president of the Real Estate Board of Greater Vancouver.

“By having realtors agree to share their inventory with one another, a more efficient marketplace is created,” Moldowan says. “That benefits buyers and sellers.”

It’s also a system that ensures reliable information about properties for sale and professional accountability…. Read entire article here

Hot Water Tank Advisory!

Excerpt from The Star, November 18, 2009

There’s a war being fought to win your water heater rental business and the tactics aren’t always pretty.

New competitors – such as National Home Services, LivClean and MorEnergy – are sending agents to your door to check out your hot water tank.  They may leave the impression they’re with your current supplier, but their goal is to get you to switch.

Direct Energy and Reliance Home Comfort, which dominate the water heater rental business, are accusing their new rivals of lying and misrepresentation.

“Knock knock. Who’s there?” say Direct Energy ads now running in newspapers and on the radio.

After giving the answers (“Iva got something important to tell you” and “Noah all the facts about your water heater”), the company says what’s going on is no joke…

Read the Entire Article HERE