In addition to the current buyers market we are experiencing in Ontario, there are still potential buyers sitting on the fence these days- not quite sure if now is a good time to buy a home.
Given the ongoing concerns about the economy, I suppose it is understandable that some consumers are a bit hesitant in purchasing a new home. But smart and savvy buyers understand that now is a great time to buy a new home.
WHY? WELL, CONSIDER THE FOLLOWING:
LOTS OF CHOICE- The selection of new homes available to consumers today is outstanding. From single family , townhomes and condos – the variety of styles available is so extensive that many of your “ wish list” items may be accommodated. Many builders in Ontario currently have inventory that is move-in ready. While others are offeirng great incentives for buyers looking to take advantage of purchasing their product.
ATTRACTIVE PRICING- Housing prices have moderated in most areas of the province. That’s good news for all buyers, but in particular first time home
buyers who can now reap the benefits of a slowing market and get into the housing market with an array of affordable housing choices to meet their specific needs. If you are putting off purchasing a new home in the hope that prices will drop further – don’t bank on it! Builders, while anxious to move the inventory they have, are now curbing new construction activity. That means eventually demand will outstrip supply and prices will once again rise. So now really is a great time to take advantage of the current buyers market we are experiencing.
LOW INTEREST RATES- Mortgage interest rates are at very favourable levels – in fact historic lows- and qualified buyers should have no problem getting financing. That’s especially good news for first time buyers because buying a home is now a much more affordable option.
BUILDING PERSONAL WEALTH- For most people, owning a home is an important stepping stone to accumulating personal wealth and assuring financial security. History has shown that despite occasional market fluctuations, over the long haul, real estate is a reliable, secure and solid investment. And after all, you have to live somewhere, so why not own your own home rather than paying rent to a landlord?
GREEN AND CLEAN- With rising energy costs of concern to homeowners, it’s good to know that today’s newly built homes are more energy and resource efficient than ever. As well, great advances have been made in developing and manufacturing building products that contribute to the ‘greening’ of Canadian homes which makes a newly constructed home a great option for today’s environmentally concerned homebuyer.
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Centretown, Ottawa - We invite everyone to visit our open house at 707-320 McLeod St on May 23 from 12:00 PM to 5:00 PM.
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Rideau Gardens, Ottawa - We invite everyone to visit our open house at 30 Centennial Blvd. on May 24 from 2:00 PM to 4:00 PM.
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Barrhaven, Ottawa - We invite everyone to visit our open house at 42 North Harrow Dr. on May 24 from 2:00 PM to 4:00 PM.
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Byward Market/Lowertown, Ottawa - We invite everyone to visit our open house at 1202-180 York St. on May 24 from 2:00 PM to 4:00 PM.
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Byward Market/Lowertown, Ottawa - We invite everyone to visit our open house at B301-124 Guigues Ave. on May 23 from 2:00 PM to 4:00 PM.
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• 597 sq. ft., 1 bath, 1 bdrm single story - 
MLS® $204,500
West Centretown, Ottawa - Domicile's new Norfolk condo's offer a perfect location to walk to restaurants, pubs or enjoy the serenity of Dow's Lake and the Arboretum. This 597 sq.ft. condo has a contemporary open concept living space, complete with private balcony. This great space will showcase your style after choosing your finishes from the Design Centre!! Measurements from the Builder's specs. Parking is available, please contact for more details.
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• 1 bath, 3 bdrm single story - $192,900
Queensway Terrace South, Ottawa - Bungalow unit is perfect for professionals and downsizing boomers. Stunning contemporary-styled, open concept 3 bedroom plan. It has been completely renoed and fully equipped with great amenities incl. hardwood, gourmet kitchens, upscale appliances and more! Outdoors you can entertain or just plain relax on the patio in your fully fenced backyard. Inside and out this unit delivers it all!! Other is yard maintenance.
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Centretown, Ottawa - We invite everyone to visit our open house at 213-320 McLeod St on May 10 from 12:00 PM to 5:00 PM.
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Centretown, Ottawa - We invite everyone to visit our open house at 213-320 McLeod St on May 9 from 12:00 PM to 5:00 PM.
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Byward Market/Lowertown, Ottawa - We invite everyone to visit our open house at B301-124 Guigues Ave. on May 9 from 2:00 PM to 4:00 PM.
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Fairfield Heights, Ottawa - We invite everyone to visit our open house at 932 Pinecrest Rd. on May 10 from 2:00 PM to 4:00 PM.
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Byward Market/Lowertown, Ottawa - We invite everyone to visit our open house at 1202-180 York St. on May 10 from 2:00 PM to 4:00 PM.
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Byward Market/Lowertown, Ottawa - We invite everyone to visit our open house at B302-124 Guigues Ave. on April 25 from 2:00 PM to 4:00 PM.
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Barrhaven, Ottawa - We invite everyone to visit our open house at 42 North Harrow Dr. on April 26 from 2:00 PM to 4:00 PM.
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