Ottawa Real Estate News from Ron DeCaen April 2016   
  Real Estate News




Ron DeCaen
Sale Representative

Action Power Team Ltd. Brokerage
15-1420 Youville Drive
Ottawa, Ontario
613.797.9366 (cellular)
613.837.3800 (office/24/7 pager)
www.OttawaListings.com


 
An unexpected repair bill is the last thing you want when you move into your dream home.  This month’s feature article highlights the importance of getting a home inspection so you can move in with confidence.

There are also some ideas on how to affordably update your bathroom as well as an introduction to Slack which is a powerful instant messaging tool that’s taking the online world by storm!

Thanks so much for checking out this month's newsletter.  Please get in touch if you ever have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Ron

In this issue...
Ottawa Real Estate Market Report 
The Ottawa housing market sees downward trend in March.

A sluggish condominium market was a factor as housing starts in the capital trended down in March, the Canada Housing and Mortgage Company said Friday.

"Housing starts trended slightly lower in March across all dwelling types with the exception of rows," senior market analyst Anne-Marie Shaker said in a statement.

"Starts have trended lower as the number of completed and unsold units has trended higher for all dwelling types with the most pronounced increase in the condominium segment."

Starts trended down almost 300 to 4,953 In March.  The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts, used to account for potentially large swings in monthly numbers.

Ottawa’s SAAR measure was up in March, from 3,166 to 3,716 with single-detached, row and apartment home starts leading the way.  The majority of apartment construction took place in the west end, the CMHC said.

Nationally, the pace of housing starts slowed in March, the CMHC said.  The agency says the seasonally adjusted annual rate was 204,251 units in March, down from 219,077 in February.

Economists had expected an annual pace of 190,000, according to Thomson Reuters.  The six-month moving average of housing starts slipped to an annual rate of 196,783 units in March compared with 201,618 in February.

For March, the pace of urban starts fell 7.0 per cent to 185,022 units as work in British Columbia, Quebec, Atlantic Canada and the Prairies slowed, but picked up in Ontario.  Multiple-unit urban starts dropped 9.7 per cent to 123,207, while single-detached starts slipped 1.1 per cent to 61,815.  Rural starts were estimated at a seasonally adjusted annual pace of 19,299.

The Canadian Tulip Festival 
The Nation’s Capital hosts the largest tulip festival worldwide!

Every year, the Dutch Royal Family and the Dutch Growers Association each send 10,000 tulip bulbs to Ottawa.  Tulips in Ottawa have grown to become a symbol of peace, freedom and international friendship.

The Canadian Tulip Festival takes place in and around Ottawa every spring and is the largest of its kind in the world, with over a million tulips in over 100 varieties blooming in the National Capital Region.

Don't miss the special 2016 edition of the Festival May 12th - 23rd, with pageantry and entertainment for all ages including inspirational art displays from different countries, children’s programs and live performances from entertainers around the world!

Avoid Headaches and Heartache with a Home Inspection 
Buying a home can be emotional, especially if it's love at first sight!

Imagine that you’ve finally found your dream home and you’re feeling on top of the world!

Now think how you’d feel once you’re all moved in only to discover it’s nothing but a money pit.  Hidden surprises are the last thing you want to deal with.

It’s easy to overlook potential problems when you find a home you love as you tend to focus all your attention on the positive features.

Your mind’s made up and you just want to put in an offer as quickly as possible so you don’t lose it to another buyer.  However, taking the time to have the home professionally inspected will help you see the full picture.

Home inspections help identify both existing and future problems.  There's no such thing as a perfect house so don't be alarmed when minor issues arise.  Look at it more as a valuable learning experience as most inspectors will discuss the home’s systems and offer advice on how they should be maintained.

Home inspections aren’t just for buyers.  Sellers often have inspections completed before they put their property on the market so they're not caught off guard and forced into a vulnerable position.  Knowing your product is key when it comes to sales so it's important to be fully aware of any existing problems beforehand so they can be dealt with accordingly.

Not everyone chooses to have a home inspection but if you want to avoid buying a home riddled with problems, it’s a worthwhile investment.  Choose a certified home inspector who comes highly recommended and ensure the cost includes a written report.  The knowledge and peace of mind you'll gain is well worth the expense.

Bathroom Makeovers that won’t Break the Bank 
Updating your bathroom doesn't have to be a pricey project.

There are various ways to refresh a tired looking bathroom on a budget.  Here are a few simple and inexpensive bathroom makeover ideas that’ll add value to your home without breaking the bank:

  1. De-Clutter - Your bathroom will look cleaner and larger if you remove clutter.  Throw out anything that’s expired and place items you rarely use in drawers.

  2. Simple Spa - Create a room you can unwind in by rolling up plush towels in wicker baskets and adding some aromatic candles to create a natural, spa like atmosphere.

  3. Upcycling - Add some creative charm with reclaimed wood and revamped furniture.  An old wooden ladder for example makes a great towel holder.

  4. Tropical Paradise - Breathe some life into your bathroom by adding a few plants.  It'll create an oasis like feel and they'll love the humidity.  Consider a hanging basket if space is tight.

  5. Accessorize - It's easy to make an impact with small details so add some pizzazz by updating the shower curtain, drawer handles and towel racks.

It’s easy to update your bathroom without committing to a full on renovation and hopefully the ideas above will help inspire you.  Don’t forget about the power of paint coupled with a beautiful, unique piece of art as this is another powerful yet simple way to freshen up a blah bathroom!

The New Way for Teams to Communicate 
The rapid growth of this hot new messaging app is insane!

Slack is a hugely successful messaging app that was built to help workplace teams share files and communicate with one another.

Slack is also a great communication tool for families.  It’s like having your own private social network!  You can use it to update grocery lists, co-ordinate calendars, schedule appointments and to privately share photos and videos.

Whether it be for business or pleasure, this hot new app is definitely worth checking out if you’re looking for a productive way to communicate and share information with a specific group of people.  Let me know what you think!



PS Are you sick of scouring the paper and MLS sites looking for homes? Tired of playing telephone tag with agents only to hear the home's already sold? Sit back, relax and let me do the work for you! Just visit my website and check off the features you're looking for. Whenever a home matching your criteria hits the market, it'll be automatically flagged and emailed to you so you'll never have to worry about missing your dream home. This service is free and there's no obligation! Click here to get started.

Not meant to solicit clients already under contract.