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Ottawa Real Estate Market Snapshot November 2024
The November 2024 Ottawa Real Estate Board Stats are out! Market Snapshot: Sales of homes in Ottawa saw an 11.8% increase in November 2023 yet still 3.1% below the five-year average. Despite the natural slowdown typical of the season as the holidays approach, some buyers are holding off, hoping for further interest rate reductions.
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How to Boost Your Credit Score for Home Buying in Ottawa
Improving your credit score is one of the most effective ways to enhance your mortgage eligibility and secure favorable loan terms. Your credit score plays a crucial rule when it comes to securing a mortgage. Understanding how to boost your credit score for home buying in Ottawa can make the difference between an affordable mortgage
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Closing Costs: What to Expect and How to Budget for Your Home Purchase
Buying a home is a significant financial step, and well budgeting for a down payment is crucial, closing costs are an often-overlooked expense. In Ottawa, these costs can range from 3% to 5% of the home’s purchase price. Understanding and preparing for them ensures a smoother closing process and prevents unexpected surprises. Breakdown of
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Ottawa Real Estate Market Snapshot October 2024
The October 2024 Ottawa Real Estate Board Stats are out! Market Snapshot: Ottawa’s housing market saw both home sales and average sale prices increase in October, signaling a recovery in the market. The boost in activity comes as consumers gain confidence, partly driven by the recent rate cut, which is helping to stimulate demand and
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Grants and Incentives for First-Time Home Buyers in Ottawa
Becoming a homeowner for the first time can be a rewarding, yet financially challenging process. Luckily, first-time buyers in Ottawa have access to several grants and incentives designed to ease the cost burden. Here’s a breakdown of these programs: 1. First-Time Home Buyer Incentive ( FTHBI) The First-Time Home Buyer Incentive offers a shared
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Royal LePage Team Realty
5536 Manotick Main Street,
Manotick, ON, K4M 1 A7
Office: 613-692-3567
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