Ottawa 2018 Market Outlook by RE/MAX

The average home is expected to increase in value by 3.5% in 2018.  First time home buyers and the Move Up buyer are expected to drive the demand in Ottawa for 2018.  The Ottawa real estate market is expected to be balanced.

I wouldn't hold my breath on the market being balanced.  If inventory levels continue to be light, and demand high, I suspect we will see a similar type of market in the spring of 2018 - a lean towards a sellers market.  

If you are giving ANY thought at all to making a move in 2018, please contact me via text or email, I believe there are opportunities to maximize your real estate investments and we can discuss why and strategies.  text or call 613-270-9559

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January 1st, 2018 is bringing further changes to the mortgage rules.  The current stress test for those getting insured mortgages (less than 20% down payment), is being rolled out to the other segment of home buyers - those with more than 20% down payment.  This WILL impact the amount of mortgage these buyers will be approved for and hence affect their affordability levels.

Being aware is the first step, the second step is speaking with an experienced mortgage specialist.  We have wonderful relationships with some excellent financial experts - call us for a recommendation and become aware of what 2018 will mean for you!

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A Plethora of Reviews this Month! Thank you!

Helping people is what we do!  Its what we love to do.  We don't need accolades, we just love knowing we did make a difference and we did get the job done and fulfil our clients goals!  Thank you to Rhonda and Phil, and Janique and Ben and Carly, for your 5 star reviews!  We appreciate your relationships, support and taking the time to send us a review to share!

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Holiday Contest - Best Dressed Christmas Tree

It's holiday CONTEST time and we would like to challenge all of our clients, friends, and families to a Best Dressed Christmas Tree competition. THE PRIZE - two box seats for the Senators vs. Tampa Bay game on January 9, 2018 at 7 pm in a BOX
SUITE @ Canadian Tire Centre. Go SENS Go!!!

We also have a $75.00 gift card to HomeSense up for grabs - read below on how to be entered for that draw too.

To Enter:
1. Like our facebook page & share this post.
2. Send the picture of your Christmas tree to either admin@homewithlorie.com or via Facebook messenger to our page by December 11.
3. Once we post our album on December 12 you have a week to get your photo as many votes as you can by tagging friends and sharing the contest. We will contact the winner on December 18th to give them their tickets.

How to get the HomeSense gift card:
1. Like our facebook page & share this post.
2. Tag 3 friends on this post who you know have beautiful trees and may want to enter the contest.

 

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Remembrance Day

Michael and I travelled to NYC for a real estate seminar this past week.  With one day to explore the city, my #1 place to visit was the 9/11 Memorial.  We both remarked how quiet, sombre and respectful all the visitors were in such a large, busy, loud city.

We could not help but feel the loss and the spirit of the heroes.  One of the most touching details of this whole Memorial, is the rose placed on the name of the lost person, on their birthday.  No matter which country, we all face the same feelings of respect and gratitude for those whom serve our country.  We all feel the loss and the poignant moment of the heroes who live and die for their country, without thoughts for themselves.

And in this day and at this time, we do need to remember.  And never forget.  Our freedoms rely on it.

Lest we forget.

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We LOVE happy clients...it's what makes us roll!


duo investment properties

We are delighted and impressed with the level of service provided by Lorie Ann Warren of ReMax Hallmark in managing the sale of our two residential properties (a triplex and a four-plex) in Ottawa.

With the marketing resources of ReMax, and the selling skills of Lorie Ann, we were able to list, market, and close the sale on both properties within two weeks of the date of listing.  And also, most impressively, we were able to sell one property at 100% of the listing price, and sell the second property at a negotiated price above the listing price.  In short, we were wowed by their selling skills and personal touch service.

We would highly recommend the services of Lorie Ann to anyone who is considering selling or purchasing a property.

BelleHolly Investments Ottawa

September Market Update 2017

September rocked!  Ottawa is having a stellar year and the fall market is expected to be steady until year end.  A couple of key points if you are in the market to buy, or EVEN thinking of selling...inventory levels in some neighbourhoods are actually quite low - so you may be in a sellers market in certain areas.  

Overall, the total inventory in residential listings are down 10% to last year and in condos 20%.  There are many micro markets in both type of inventory and also by neighborhoods.  So if you would like to discuss your specifics, its best to give us a call.  

But overall, 2017 is a very strong year!  Happy Thanksgiving to you and your families!

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And that is a wrap!

Well my juice reboot is over....

I did the 5 day Joe Cross plan and said if it went well I would do an extra day...by day 5 PM if I had to put any more juice in me, I was going to gag. I think it was a whole day of the pre-made juice bar juices (I prefer my own homemade ones)!

The whole week was fairly easy, except I didn't drink enough water and I do dislike coconut water, so that wasn't adhered to properly! Worst day was Day 5 PM. Wow. I retired early so I didn't cave! (Thanks for talking me down Diane Tuplin)

Here is what I learned about myself and the experience.

1. It is all about the preparation and the mindset. I was prepared up front but not prepared for the reentry.

2. It's all about the environment you are in and the support around you. Others can try and sabotage you whether they realize it or not. I wasn't prepared for the sabotage. So your environment is super important. (P.s. Microwave popcorn smells way too good when you are juicing)

3. I love food which is fine. I am a foodie. But I am also an emotional eater and love comfort food.

4. When I had two babies completely natural with no drugs, I had a steely mindset that allowed no pain and no needles. I need that kind of mindset for juicing and losing weight success.

I would do it again for 5 days maximum. What I need to be more prepared for is re entry to eating. Yesterday I ate a hot dog, a Haagen Dazs and a toasted tomato sandwich and I gained back. I felt the bad food going in like it was poison after all the healthy vegetables(especially the hot dog nitrates). It was not enjoyable.

In that small insight lies the secret, if you are usually doing good things, it's harder to eat the bad stuff. You feel like a hypocrite, a cheater. But I can tell I lost inches and I do feel healthier.

And I learned it is way harder to take it off than it is to put it on!
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You won't believe what we are up to....

Our whole team has committed to a 7-day Juice Fast!

Michael has been reading and research the topic for quite sometime, and when he said he was going to do it, it just snowballed from there! So thank you Michael, I think lol...

We are on Day 1.

So far we haven't killed anyone. On the contrary, we had several good laughs in the office today. It really is wonderful to have our whole team pulling together in business AND in health. 

As Gerald said, when we are younger we can afford to have a lot of 'do overs' with diet, weight, and health. But as we get older, we don't get near as many! There is a saying "The first 50 years are a gift. The second 50 years, you have to earn.".

Today's Tip: Buy apples (and other produce for that matter) at the Parkdale Market. What a deal! In the picture below, we got a whole bushel (that is a lot of apples!) straight from the Grower for $30, versus $10 in apples from a fancy local grocery store.

Thank you for the messages of support that we have already received! It means a lot to us that you are cheering us on!

Click on the pictures below to enjoy the pics of our Day 1.

 

#PerfectPatioOttawa Episode 9 - The Finale - The Canal Ritz

Who would have thought we would be writing a #PefectPatioOttawa blog in the middle of September? The weather this week was Full On SUMMER!

We could not resist one more patio lunch, and we were very fortunate to have Diane Tuplin from the Pike Group of Halifax AND Jason Cleland of Ottawa Mortgage Pulse join us for a very delightful lunch indeed.

Canal Ritz is located at 375 Queen Elizabeth Drive, overlooking the Rideau Canal.

They describe their menu as Modern Italian. And for the most part, I would agree. Everything was pretty good with the exception of the salad. It was not a standout dish, and as Diane described it, 'it was just lettuce-y" :) 

We started with a charcuterie board that was to die for! The pizza was delicious as where the pasta dishes. The dessert, while looking amazing, tasted a bit 'day old', but very forgivable as it looked so awesome! 

But the view. We all came for the sun, the view and the company!. And that my friends is what life is all about. Enjoying the moments! And enjoy we did.

It has been AMAZING doing the #PerfectPatioOttawa and thank you so much for all the feedback. That so many of you followed our antics and destinations, well, that means the world to us! 

And if you would like 'in' on a secret.... This coming Monday our entire team is doing a Reboot Juice Fast! More on that to follow, but the next blogs will be on where to buy amazing juice in Ottawa!

With much love.

Cynthia, Lorie, Michael & Gerald xo

Click on the photo below to scroll through our Patio fun!

 

 

 

 

#PerfectPatioOttawa Episode #8 Tavern On The Hill

With summer winding up,  we would have been amiss in our search for a Perfect Patio Experience if we had not hit up Tavern on the Hill. This unique 100% patio establishment is perched overlooking Parliment Hill. 

The Sun Gods were smiling on us as we had the PERFECT day for our visit! Sunshine, cocktails and good company. What more could you want? Hot dogs! Of course!

If you live in Ottawa, you have no doubt heard of this place. And I really do have to recommend you go, if not this summer/fall, then absolutely next year when they open for the season.

Deviating from our usual ranking of Service, Food, and Ambience, this place deserves a summary more than a ranking.

They only serve hotdogs. Gourmet Hot Dogs. They include the Mexican, The Korean (Pulled Pork and Kimchi), and The Montrealer to name a few. All we tried were top notch!

Our company had margartias, sangria and sea breeze, and all thought they were spot on. Large, cool and refreshing. 

We did find ice cream there for dessert as well! 

And the view! This place is an Instagrammers heaven. All set to the soothing sounds of soft Jazz. You just have to go, chill and enjoy this amazing City we live in! Click through the pictures for more images!

 

#PerfectPatioOttawa Episode #7 - Bazille at Nordstrom's

The search for the #perfectpatioottawa, had us adding a bit of retail therapy at Nordstrom’s. It really was a perfect location, escaping the rain and/or humidity!

 

We chose to forgo the patio, although others used it that day.

 

Current weather score:

Rain 4, Not Rain 2 (No sun, but no rain), Sun 1

 

Bazille is located inside Nordstrom’s. If you have not been GO! As our summer starts to wind down, this by far, is the winner to date

 

Service. 5/5

If I could give this 6/5 I would. Franco our server was more like the a long lost friend than a server! He works 4 days a week, so when you go, ask if he is there and sit in his section! You will love him!

Food 5/5

The food: What is a blogger to do when there are no words? I shall try...

The food was spectacular, fabulous, stupendous!  A ‘from scratch', everything fresh kitchen extended to the amazing mixed berry lemonade! Franco made the lemonade from scratch, the bar muddled the berries. Amazing. Don't even ask about the crab mac and cheese! Swoon.

And the chocolate cake. LIFE CHANGING. BEST EVER. GO HAVE IT.

Ambiance/Location 5/5

Relaxed classy elegance are words that come to mind. Foodies, run here! Shoppers, stop here to fortify yourselves!  And if you find yourself a bit parched whilst shopping, ask a salesperson for water. They actually bring you iced water! Seriously if you appreciate next level service and quality, Nordstrom’s and Bazille are the perfect 5/5.

We got there just before noon and there was no problem getting a table. Fast forward half and hour and there was a long line! (See picture of my forehead lol, actually a pic of the line up!)

Check out hashtag #perfectpatioottawa to see where we eat next!

Overall impression was 5/5

 

Our clients are so special! I know I keep saying it but it's true!

Happy Friday of the long weekend everyone!  Hope you go and enjoy the beautiful weather and do something fun with family and friends!  We live in a great city with so much beauty around us. Get out there and be a tourist in your own city!

I am heading home with a smile because I got this great photo from Danielle and Allen.  The sign company showed up to put the SOLD sign up and Scoobie was excited too!  I have to share, its a perfect photo (for many reasons).

Happy Civic Holiday Weekend!

From Lorie, Michael and Cynthia, and Scoobie of course... 

People truly put a smile on my face!

I am always so grateful for the people I meet in my career!  Its such a people business.  And there is no doubt we thrive and survive by the people we serve on a daily basis.  Our word is our bond, and our clients positive results mean everything to our team!

So when you open your email and hear how well the whole process went from beginning to end (not perfect, but close), and know that you now have a nickname of "The Beast" with one of the adult children, it brings a huge smile to my face!  That endearment is a compliment in my books! 

And if you need a "beast", someone who will work tirelessly for you - call us!

Our latest review:

"The Francis family has nothing but the very best to say about your professionalism, work ethic and dedication to your line of work.  It was indeed a whirlwind experience, all wrapped up from start to finish in just over 2 months!  We truly appreciated all your expert help and advice throughout the process, including all the folks you put us on to, such as Jesse and Bob. 

I told you before, if our neighbours had used you as their realtor, it would certainly not have taken them 3 years to sell their house, after a substantial reduction in asking price.

Our house sold in less than 3 weeks!!  Sadly, we have no more houses to give you to sell ... Lol

Thank you for making the process go so smoothly, it was indeed a pleasure working with you.  Laura sends her best regards.  And Philip says to tell you he's truly sorry he never got to meet "The Beast!"

Kathryn, Philip and Laura Francis"

 

 

Another incredible week of real estate activity for the LAW Team!

We get such great satisfaction helping our sellers achieve top dollar in this market!  Its been a week of multiple offers!  Seems like spring market, turned in to summer market and it does not stop!

With 4 conditional sales, our website is starting to look bare of listings:) but that's a great problem!  We would rather list and sell our clients homes than have them sit there and become stale on the market.  The good news is....the market is still very active and many neighborhoods are super light on inventory.  So if you know ANYONE who is even thinking about selling, do let us know.  We would like to talk to them and review what buyers are willing to pay for their home right now!  

Its a time of opportunity and we value your referrals and enquiries!  

And thank you to Danielle for her kind review today!  

"We have dealt with Lorie several times over the years and would never dream of trusting our single largest investment with anyone else. Not only is she professional and extremely knowledgeable in her field, she is an amazingly warm person who works hard for all of her clients. If you have a property to sell or need to buy a home, we would strongly recommend you put your trust in Lorie as she will always have your best interest at heart!"

#PerfectPatioOttawa Episode #6 - Pure Kitchen

It must be a sign. 

We decide to go to a super healthy place for lunch and the SUN IS SHINING! 

Pure Kitchen has two locations in Ottawa. We went to the one on Richmond in Westboro.

We were pleasantly surprised to find out they had a roof top patio! Nicely done, Pure, nicely done. 

Current weather score:

Rain 4, Not Rain, But not sun 1, SUN!! 1

Service. 4.5/5

Our server was awesome! The only negative was the long wait to take our dessert order. So long in fact, we never did order. Ran out of time! They were super busy though, probably because it was a sunny Friday lunch hour! 

Food 4/5

The food: Hmmm....so much conflict here. Appies were amazing! A cauliflower dish and a dumpling dish. Both worth ordering!Main dishes: Burger: Michael said it was two thumbs up. Gerald (our guest) ordered a sandwich which was also good. Lorie ordered a salad that was so/so and my special of the day Beet Risotto with cashew cheese was underwhelming. The matcha latte with coconut milk was thick enough to chew. Not so refreshing. 

Ambiance/Location 5/5

It was a roof top patio on a sunny Friday!! What more do you need?!?! Great friendly vibe. We agreed we would go back, try different dishes AND dessert1

Check out hashtag #perfectpatioottawa to see where we eat next week! 

Overall impression was 4/5

#PerfectPatioOttawa Episode 5 - Joey Lansdowne

The search for the #perfectpatioottawa, along with good weather landed us at Joey Lansdowne on Friday. And yes, it did rain AGAIN!

We did start on the patio, which is awesome, but called it and moved inside before ordering.

Current weather score:

Rain 4, Not Rain 1 (No sun, but no rain)

Joey Lansdowne is located at 825 Exhibition Way. There is plenty of paid underground parking for lunch that set us back $6. 

Great décor and an interesting bathroom, but more on that later…

Service. 5/5Our servers were great Friendly, efficient and guessing what we needed before we needed it. No faults to be found here.

Food 5/5

The food: Oh dear lord in heaven, I have found a home. Every single dish we had was The Best. The only exception to that was Michaels protein burger. He said is was ‘okay’ but would not order it again. Having said that, it is my usual Go To lunch at Joey. So, to each their own lol. Also, Lorie loved the Niagara white wine. Message her for the name! Dining Tip: DO NOT SKIP DESSERT!

Ambiance/Location 5/5

I would score an extra half point here just for the bathroom sink. Auto sensor that turns the water on when your hand are underneath the faucet (nothing new there I know!),  and then an auto hand drying RIGHT ON THE FAUCET1 Genius

Check out hashtag #perfectpatioottawa to see where we eat next week! And please, pray for SUN!

Overall impression was 5/5