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, but here’s some point form notes  – Ottawa prices will...

King Edward/Lowertown Project Moving Towards Revitalization

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,...

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% (very good news if you’re a variable rate holder)....

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/

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 world going to end?….  As...

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 not set in stone).  This is good news for...

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 a list of properties that are potential money-makers! Here is what...

Ontario/Canada Housing in 2014

Yes, it’s time again, to start planning for the next year in real estate (and of course, planning for Christmas :)).  Here’s a look at what’s on the horizon for housing in Ontario, and Canada, over the next year.  All information from Canada Mortgage and Housing...

OTTAWA MARKET STATS, DEVELOPMENTS, & INVESTMENTS! Nov. 2013

Good morning everyone! Your favourite newsletter is back!   For anyone I’ve recently added on here, I hope you enjoy my somewhat ‘personal’ writing style   I received some critiquing last time, that my post was ‘bland’.  So to keep it interesting, let’s focus on some...

Custom Homes & Real Estate News for Ottawa

Hello Ottawa, Everyone loves custom homes.  And Ottawa just happens to have some very incredible and inspiring homes being built by some very talented people.  So, I’ve decided that we’re going to talk a little about that (and don’t worry, I’ll talk briefly about the...