Check out the details on our properties page!
Its National Administration Professional Day! Our Team Coordinator, Rebecca is the behind the scenes, the glue that keeps it all together for us on a daily basis! Thank you Rebecca for all you do! Our clients have a smooth and pleasant experience because of your professionalism and organisation! Your calm and kind demeanour keeps all the pieces involved working towards the end goal - happy clients with a great service experience from The Lorie Ann Warren Team. Thank you and know you are very appreciated!
We have some amazing news to share!
Over the last year, thanks to all of our fabulous clients, your continued support & important referrals, we have realized some serious growth (thank you, thank you!)
With growth comes the need to expand our team, and luckily for us we were able to welcome Martin Oswald to our little family👨👨👦👦!
We have known Martin for a number of years, and trust him to uphold the high standards we have on our team. Martin has been a Realtor for over 13 years, has our strong work ethic and always has a great attitude & ready smile😀. Couple of interesting facts about Martin, he does improv, jams with his electric guitar 🎸and we think his quick wit would make for great stand up comedy😂! Having a great sense of humour, makes 3 of us on the team who love to help, laugh & keep things as stress free as possible in this crazy Spring market!
Please join us in welcoming Martin Oswald to our family, we are so happy to have you!
The lack of supply continues, along with properties selling very quickly. 🏠
Rental vacancy rates are at less than 1%! Some renters are being pushed into condo ownership because they simply can't find anything to rent. If you're thinking of becoming an investor, now is a great time. 🔥
In some pockets of the city, buyers are facing multiple offer situations and properties are often selling over list price. These dynamics indicate a sellers market in those areas. It's essential to use the experience and guidance of a Realtor in this market, we can help you determine whether it's a good idea to sell. Or whether to buy based on how the market is doing in the neighbourhood you want to move to. The statistics below are for Ottawa as a whole, but each neighbourhood will differ. 🤓
A new incentive for first-time home buyers! 😮🤩
You could receive up to 10% for new builds and 5% for existing homes from CMHC, which would go towards your mortgage. Only households with an annual income of under $120,000 can participate.
Basically the incentive will lower your mortgage payments as you'll be borrowing less. You will have to pay back the 10% or 5% at some point but they haven't made it clear when or how you'll do that.
For now we know it will make buying a home that much more affordable for people entering the market. 😀
Want more details? 👇
Congratulations to our lovely sellers who are on to new adventures!
I remember them saying when we initially met, that the other realtors don't believe in open houses...and I explained how we do them, and we believe in our strategy! We only do one 🤓and it works!
Guess what? Our open house strategy SOLD their home on Super Bowl Sunday💪 and during a huge ice storm! Part of the strategy includes our secret weapon, Michael😎!
If you want strategies that work - call us today and lets discuss which one of ours is right for your home!
“If you are thinking about selling, don’t wait - get a jump on the spring market! Now is the time to have a conversation with your REALTOR® who understands the best way to position your home in the market and has the experience to guide you through its complexities,” Delahunt suggests. “This is the type of market you certainly wouldn’t want to navigate without one.”
We have record low inventory, so houses that are coming up for sale are selling a lot faster than in previous years. They're also selling for more, so if you've thought of selling, give us a call. We're happy to give home evaluations and answer any questions you may have! ☺️
Spring market here we come! 💪
This recipe is so good I just had to share. It’s the perfect addition to your holiday meals, just try not to eat it all before it hits the table!
French toast batter:
3/4 cup buttermilk
3/4 cup heavy cream
2 large eggs
1/4 tsp garam masala (plus a pinch for the apples)
6 cups of day-old sourdough bread, cubed
2 apples (Honey Crisp, Pink Lady or Gala)
7 tbsp unsalted butter, divided
1 bulb fennel
1 spanish onion
2 tbsp chopped tarragon (plus additional to garnish)
1/2 Ib sausage (breakfast or sweet Italian)
1/2 cup toasted pistachios, crushed
salt to taste
For the French toast batter: In a bowl, whisk buttermilk, heavy cream, eggs, and garam masala. Pour over bread cubes, toss, and let rest so the bread can absorb all of the liquid. For the stuffing: Peel, core, and evenly slice the apples. Melt 2 Tbsps butter in a skillet over high heat; add the apples, turn the heat to medium, and cook for 5 minutes. While they apples are cooking, core and thinly slice the fennel and onions so they are the same size. Season apples with a pinch of garam masala, a pinch of salt, then toss, remove from skillet and set aside.
Add 1 tbsp butter to the same skillet and add the fennel and onions, along with the tarragon and a pinch of salt. Cook until just tender, 5 minutes. Remove from the skillet and set aside.
In the same skillet over medium heat, brown the sausage and break it up. After a minute or two, flip to brown on the other side. Remove and set aside. Over medium heat, melt 2 tbsps of butter in the skillet and add half of the bread/french toast mixture in an even layer. Add a pinch of salt and continue cooking until the bread is brown and caramelized in parts; set the browned bread aside. Repeat with the remaining butter and bread/French toast mixture. Add all of the bread to a serving bowl along with the apples, fennel, onion and sausage. Toss, then top with the tarragon and pistachios, serve.
It’s time for our annual Best Dressed Christmas Tree competition we hold on Facebook every year. If you’d like to enter click the link below which takes you to our Facebook page. :)
October's stats continue to show the strength of the Ottawa market!
Inventory continues to be THE story!... 🤓
This past weekend, Ottawa was struck by 3 tornadoes in different areas of our city! With winds up to 265km/hour, it had a devastating effect!
To half of the Ottawa population, it affected their electricity immediately. To the residents of the communities in Dunrobin, Calabogie and Nepean, it was far worse. There were injuries, loss of roofs, trees and loss of homes.
Electricity has been restored as of last night to the majority of Ottawa, and the sighs of relief and gratefulness are very apparent in our attitudes. It was bad, but it could have been so much worse. We are praying for those who are still in the hospital. We are thinking of those who are in the throes of finding somewhere to live short term, and those who dealing with all the details there must be in rebuilding.
The communities of Ottawa certainly embraced their neighbours during this time. Checking on senior citizens door to door, community meals in Barrhaven set up by local businesses. It has been humbling to see how people can and do react in a crisis. There are many heroes this week, starting with our first responders! Thank you.
On a practical side, many residents were not ready for a natural disaster. We do need to take stock of what our readiness was, and maybe right now, while it is fresh in our mind, set up our homes for the future (not that we ever want this to happen again). The grocery stores were not open, the gas stations ran out of gas….cell phone service to stay in touch with what was happening, was sporadic.
We are all grateful today, breathing a big sigh of relief, and yet, we are still in disbelief. For most families, all returns to normal, but there are a small percentage in the hard hit areas, where life will never be the same, and rebuilding starts this week.
One of the things that is important when your listing goes in to multiples....is managing the communication with the other parties, including the other realtors.
I have been on the buying side and seen some interesting situations which were not beneficial to either the buyer or the seller. Our objective is always clear and transparent communication. Communication that makes everyone feel fairly treated and that they had as much opportunity to win the house as the next realtor...
The other side of that - is when its our turn and we have buyers in a fight to win their dream home, the respect and courtesy is reciprocated! Today with 13 offers on the table for our latest sold listing, it was nice to get the realtors positive feedback. Not only were our sellers ecstatic at their results, we had a family moving in who are happy. Yes, 12 other buyers were not happy, but at least they didn't feel they were kept in the dark, or didn't have a chance to do their very best.
We will always do our best for our sellers, but we will also do our best to promote fairness and professionalism. It just makes sense long term. Thank you to all who put their efforts in today. We don't win everyday, but everyday we do our best. That's all you can do in situations such as these!
Now more than ever...#whoyouworkwithmatters
The condo volume numbers are robust
At the lower end of single family resale market, buyers are having to turn to condominium units as a way of achieving ownership at a price they can afford. The over supply in our condo market is no longer an issue, as it's helping to ease our overall inventory shortage.
The price of purchasing a new build is becoming out of reach for many entry level buyers.
Inventory remains low, home prices continue stable and affordable.
Sometimes you have to brag for yourself... :)
This is one of the many things that differentiates us from our competition. We sell homes faster AND for more money than the average Ottawa Realtor. Part of what gets these results is having a tried and true marketing strategy that we tailor to each property we list, to ensure our clients get the maximum value from our services. We use professional photography, staging and just recently we've started using an amazing videographer to get many of our listings the most visibility possible in this social media driven world. We are always educating ourselves on new marketing techniques, and attending training events to stay up-to-date and ahead. We believe in life long learning, innovating and constantly imporving our processes to give you the maximum results.
"innovation distinguishes between a leader and a follower" - Steve Jobs
What a hectic and jam packed week! TGIF because we love selling homes on the Friday and cancelling the Sunday open house! 😎
🤔 Interesting fact about the current market - the most active price point in the condominium market is between $150,000-$250,000 representing 49% of units sold! 🧠 Apartment condos represented 52% of that.
This is likely a reflection of the low vacancy rate in the rental market. If you can scrape together a down payment, the carrying costs of one of these condos should be less than renting. 😎
Of course the spring market has been strong...holding back offers, multiple offers, sale prices are higher than the list price. We listed and sold 2 properties for $97,000 over asking! Thats not typical, but certainly it has been happening.
And I always get the question - how is the market? And it REALLY does depend on who is asking that question!
The whole year, the story has been supply and demand. No supply, high demand and you get results like the above. Great for sellers. Tough on buyers.
We have noticed some areas that the inventory is increasing. Its the old phenomena of the media telling you that its a hot market, and now is a good time to sell! I have been telling clients that for at least 10 months. I still am...with Coles notes attached. It depends where you are and what you have to sell.
The good news is for the buyers...there are choices now in many areas. And in some areas, you actually may not compete. Those areas are possibly heading towards a more traditional market.
So if you are in the selling phase - we have the stats analysed and can help you. And things are changing weekly. If you are buying, and have been on the fence, NOW is a good time to drop back in to the market with us. You have an OPPORTUNITY again - now.
We have 3 strategies for our buyers. Interested? You can win in this market with our 3 strategies!