State of the Art Hospital coming to Ottawa! One of the more exciting projects scheduled for downtown Ottawa, is the new Civic Hospital at Dow’s Lake. This will be a world class development, and looks to be a multi-billion dollar project. With an estimated...
Welcome to Ottawa Real Estate Market Updates! Many people keep asking me what’s happening with the market now. Are prices up? Are sales down? Will it keep growing? Are we about to crash? Is the world ending? 🙂 As of right now (October 2021)...
Hello fellow Ottawans, So I may be going against the grain a little here, but I’m going to go ahead and say it; there’s actually some exciting stuff happening in this wonderful city of ours. I’ve decided to highlight some of the more positive things happening around...
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!!
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 any significant amount. Of...
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 standards and...
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, but here’s some point form notes – Ottawa prices will...
As someone who lives downtown in the market area, I, for one, am happy to see some slow changes being made to this neighborhood. The byward market is the heart of the city: the heart of tourism, the heart of the entertainment district, restaurants, foot-traffic,...
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% (very good news if you’re a variable rate holder)....
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/
