OCTOBER HOME SALES – 2018

Aug 9, 2021 | Blog

  Once again, this city continues to boom with real estate sales, and October was no exception.  Realtors are setting new records, and average prices continue to rise. SALES STATS: The Ottawa Real Estate Board saw residential sales volume increase 11.8 per...

AIRBNB OTTAWA INVESTMENTS

Aug 9, 2021 | Blog, General

With Ottawa being the red hot spot for real estate investing in Canada right now, a lot of you are wondering what to buy in this great city.   What are the best investments?   Where can I get solid cashflow in good quality buildings? You will hear a different answer...

LEBRETON FLATS – Back to the Drawing Board

Aug 9, 2021 | Blog

The last efforts to negotiate the current bid on Lebreton Flats, have now officially died.   Eugene Melnyk of the Ottawa Senators, and Jon Ruddy of Trinity Developments, have not resolved their legal battle, and did not arrange an agreeable deal with the city. Staying...

MORTGAGE PROPOSAL – FEDERAL BUDGET 2019

Aug 9, 2021 | Blog

I’ve said it before and I’ll say it again, the issue we’re having with housing affordability is primarily due to a lack of supply/inventory.   In many major cities, there simply aren’t many homes for sale which inevitably forces the pricing to shoot through the roof. ...

THE CONDO COMEBACK?!

Aug 9, 2021 | Blog

Yes,  after a 5 year slump, we’re seeing a major resurgence of condos in Ottawa. In light of the extremely low inventory and rising prices, we’re seeing more new condo developments popping up again (think, 2010 to 2012 condo boom).   The old condo inventory is finally...

RECORD JULY SALES IN 15 YEARS

Aug 7, 2021 | Blog

I hope everyone’s been enjoying this beautiful summer heat (let’s be honest, the past 6 weeks have been phenomenal :)) Speaking of extreme heat, our real estate market is still red hot.  Ottawa had the highest number of July sales in 15 years.   Not only are sales...