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Elisabeth & Jim Hamilton
THE MARKET INSIDER
Market Trends: Buyer Uncertainty Slows Market
Upgrading Windows | Extending Patio Season
No, not that kind of windows! Unlike computers, people rarely think about upgrading their home’s windows. Here are a few tips:
CREA | https://bit.ly/3qrvvpy
Extending Patio Season
If you are like us, you want to squeeze every drop out of summer. Here are a few tips on how you can keep enjoying your patio well into the fall:
CREA | https://bit.ly/3U0e9NK
Buyer Uncertainty Slows Market
After two years of explosive growth, buyer apprehension brought about primarily by higher interest rates has cooled Ottawa’s market considerably. Consider the following:
All of this indicates that lightening quick markets are a thing of the past and we are moving towards balance. This is further supported by fewer multiple offer scenarios and a return to standard financing and inspection conditions.
Given the new market realities, buyers and sellers need to adjust strategies. For sellers, level-headed pricing is more important than ever. Price and strategize for this market to optimize outcomes, not the past. For buyers, opportunities abound and unlike this winter and spring; patience will be rewarded, particularly with properties taking longer to sell. Also, consider well your financing options – this is more important than ever!
OREB | https://bit.ly/3d0c7g9
A Note from Us
Fall is a time of new beginnings. For us, it is good to be back after some R&R this summer. Do you have questions about the market, renovations, or just want to catch up? We always love hearing from you!
(613) 276-1675 | Elisabeth@ElisabethHamilton.ca
(613) 867-1675 | Jim@ElisabethHamilton.ca
Our Clients Say the Nicest Things!
“The level of care and professionalism with which you conduct your business is perfect. You treated me like a million-dollar client, and it made all the difference.” Anika
Elisabeth & Jim Hamilton
Sutton Group – Ottawa
4-1130 Wellington St W
Ottawa, ON K11
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