Aug 9, 2021 | Blog
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... Aug 9, 2021 | Blog
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... Aug 9, 2021 | Blog
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,... Aug 9, 2021 | Blog
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).... Aug 9, 2021 | Blog
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/ Aug 9, 2021 | Blog
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... Aug 9, 2021 | Blog
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... Aug 9, 2021 | Blog
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... Aug 9, 2021 | Blog
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... Aug 9, 2021 | Blog
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... 