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Ottawa’s Winter Market

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The housing market in Ottawa is definitely affected by the weather. Ottawa can get pretty cold during these next several months and with that cold weather comes the desire to stay inside, and keep warm. Of course this doesn’t mean that the housing market is non-existent. Believe it or not some still want to search high and low for their dream home, an investment opportunity or just simply a place to live. Sellers in general may tend to hold off on listing their homes for sale until the warmer weather is back in the spring, but there is always a reason for a house to be sold. This can actually be a good time to sell and a good time to buy. A seller may be at a slight advantage during these colder months; with inventory being down there is less competition. There is usually less competition for a buyer as well. This can be a great time for those looking to find that great deal of a property, or for a homeowner to sell quickly. Don’t be put off by the cold weather; look at it as an opportunity to gain an advantage.

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