Mortgage rules. October 2016 saw a drastic change in banking policies who lend money to homebuyers by adding more regulations against those with unfavourable incomes but want expensive homes. October 2017 also saw some additional changes with more enforced regulations. So what will 2018 bring? The 1st of January 2018 will see…
Before we even begin, I do not mean investing in a whole town! This blog is going to discuss investing in properties located in small towns, specifically Ottawa. And let me say, it’s not necessarily ideal. The problem with small towns is the low market appreciation. Around Ottawa, you have towns such as Smith Falls…
This week gives us a small history lesson, on the few families that built Ottawa’s homes after WWII. One of the most important blogs to date! In the 1950s, Robert Campeau arrived in Ottawa and took on various odd jobs to provide for his family, but soon became immersed in…
Two weeks ago, I wrote about questions you should be asking a real estate agent at an open house, especially if you were very keen on it. This time, here are many questions you and a broker like me will ask one another if you want to get a good mortgage deal for said house! The…
Are you new to the city, or will you be moving soon? As the Canadian capital, Ottawa is a beautiful and genuine city. It hosts over a million people and is known for its universities. It also has the longest canal in the world, which is an open air ice skating ring during the winter…
Ottawa is a great city to call your home. What is your favourite season in Ottawa? Do you mind the frosty days of our capital’s Winterlude? Do you long for the colourful tulip festival, or the warm and relaxing days of summer at Dow’s Lake? Despite the strong arguments that these other seasons make, fall…
As we say goodbye to 2013 and welcome in 2014, we can learn from this past year’s real estate market trends to predict expectations in the new year. According to the Canadian Real Estate Association, Canadian home sales turned out slightly better than expected in 2013 and sales will continue to increase in 2014.
