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Ottawa Real Estate Market – September Stats

  Ottawa real estate is heating up again, according to OREB.   And for anyone who is interested in buying homes for ‘flipping’, now is the best time of year for doing that.  Call me, and I can give you…

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MORTGAGE INDUSTRY NEWS: BANK OF CANADA TO HOLD RATES

  Here’s the deal; the Bank of Canada announced it will hold the overnight target interest rate at 1%, extending the three year trend of low prime interest rates, and expects it to remain there until 2015 (although this is…

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Ottawa market update – August 2013

Here is the long-awaited, highly anticipated, Ottawa real estate newsletter for August of 2013 So, a lot of people are asking me questions like: what’s going on with this market?  Why aren’t homes selling?  Is the market dead?  Is the…

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Modern Lofts in Ottawa

  As someone who loves cool architecture and design, I’m very happy to see this kind of project happening in this city.  This company is doing very cool stuff. http://modbox.ca/project/mechanicsville-lofts/

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Bank of Canada Continues to Hold Low Rates

  Good news for Canadians and our real estate markets; Bank of Canada is continuing to hold its rates.  I’m told by my trusted mortgage broker, that prime rate for most lenders should remain at the historical low of 3%…

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Ottawa Housing Market Forecast 2013 & 2014

  Since there are a lot of questions and confusion in the real estate market these days, here’s the quick and dirty on Ottawa’s market for 2013 and 2014 (according to CMHC).  I’m not going to write an essay here,…

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CMHC Mortgage News – August 2013

According to CMHC: “Approximately 70 per cent of Canadian mortgages are insured. In the U.S., during the years preceding the economic downturn in 2008, about 15 per cent of mortgages were insured,” says CMHC’s Karine LeBlanc. “Due to prudent underwriting…

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Ottawa Real Estate Update

Here’s where we’re at in Ottawa’s residential resales market.  A softer market, but still moving steadily.    As I mentioned in my earlier newsletters, it’s going to be a fairly level market this year; not increasing and not decreasing by…

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Awesome new website now up and running!!

After some hiccups with previous sites, here it is, my most amazing new website for your viewing/browsing pleasure.  Stay tuned for updates in all things real estate!!  

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