08 Mar Staying in Touch – March Newsletter
Staying in Touch – March Newsletter
Read the full issue of Staying in Touch – March 2024
Happy March, St. Patrick’s Day & Easter!
The weather has us all wondering what is coming next. . . but Spring and more daylight is almost here in March. Time to change the clocks, tune up bikes, plan gardens & make vacation plans!
The traditional market timing to put a home up for sale used to be March and April, pre Covid years. Now new home sales with longer closing dates has come more into play. We are now finding new property listings are coming on the market in late January, February for May and June closing dates and continue through the year.
Market confidence is building and will get stronger as demand is here. In February the Ottawa Real Estate Board reported 886 unit sales , up from 629 sales in January 2024. When compared to February 2023, unit sales increased 15.2% in Ottawa in February 2024. Its important to look at what is happening in your neighborhood and surrounding neighborhoods if you are thinking of selling or purchasing.
If you’re ready to sell, follow your plan and you will be successful. Responsible and affordable ownership is our goal for our clients. Real estate provides unique benefits beyond other financial assets. Whether you are thinking of selling or purchasing this year or next, we would be happy to consult with you to make a plan. Keep in mind to market your home in Winter and Spring months it is important to have pictures of your home showing what is under the snow. We are always glad to help take pictures prior to listing your home for sale.
This month we’ve included:
- Update on the Ottawa market and Mortgage information on “Protecting Your Home: Understanding Mortgage Life & Disability Insurance“
- Articles: “Tips When Viewing a Home“, “Gifts and Loans for a Down payment on Homes” and “Things to Consider When Buying a Rural Property“.
- Market news and community events including Easter Activities
This month I am pleased to take part in Royal LePage’s hi-tea panel for International Women’s Day. We are also continuing to support Royal LePage’s Shelter Foundation for women and children. The Royal LePage Shelter Foundation creates safer homes and safer communities by funding women’s shelters and violence prevention programs across Canada. Every dollar raised goes directly to helping the more than 50,000 women and children who are served each year by the shelters and support programs.
As always feel free to call and email with any questions or to chat to catch up, we would love to hear from you.
Joan, Victoria & Luc
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