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 in Ottawa (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...

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

Good morning Ottawa!! 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 and the Ottawa real estate world! 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...

CANADA, GET READY FOR A RECORD BREAKING 2014

Welcome, Ottawa!  And welcome to the Ottawa real estate market news update!  . We’re all set for a big year in real estate.  . According to the Canadian Real Estate Association (CREA), national real estate activity is forecast to climb to 475,000 units (+3.7%).   The...

BOUTIQUE HOTEL AND CONDO – BYWARD MARKET

What’s up, Ottawa!   Let’s talk about Ottawa real estate, and some interesting developments. I never thought I’d say this, but I’m actually very excited for this upcoming hotel and condo development by Claridge.  Surprising, I know   As you will see from...