The Ottawa Real Estate Board has released the statistics for last month (Sept 2024). The overall market is stable but heading further into “buyer’s market” territory, while mortgage rates are coming down and the Federal government has made some big […]
The Trudeau government has just today announced new changes to the mortgage rules that are intended to make homes more affordable for Canadians and also incentivize new homebulding. They introduced two significant changes: Increasing the cap for insured mortgages from […]
Well the August numbers are in from the Ottawa Real Estate Board and in general the news is mostly good – prices are flat from August 2023, but interest rates are going down rapidly, and inventory is only slightly […]
The Ottawa Real Estate Board has released their statistics for July 2024. And the takeaway? The market is flat but a drop in interest rates is starting to bring affordability back for buyers which should result in more sales this […]
There are a lot of great reasons to downsize: health, family or the environment to name a few. But for many of the downsizers I talk to, one of their key concerns is – $$$ – money. After all, […]
The Ottawa Real Estate Board has released the statistics for June 2024 (find them here), and the news is that if you are looking at prices, the real estate market is really, really calm…. Maybe too calm? Prices are holding […]
A lot of people ask me why I choose to focus on downsizing. And the answer is, I know how difficult it downsizing is, and how important it is to do it right, because I have been through the downsizing […]
In today’s fast-paced world, the notion that “bigger is better” is often taken for granted when it comes to homes. But more and more people are discovering the benefits of downsizing their homes, opting for smaller, more manageable living spaces […]
Update: Less than 12 hours after this post was written, the Bank of Canada reduced interest rates by .25%. This is the first time in two years that rates have gone down. The interest rate change is probably too small […]
I hope everyone is enjoying the beautiful spring weather we are having these days. The Ottawa Real Estate Board has just released the latest Ottawa real estate market statistics for of April 2024. The results show that the Ottawa real […]
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