General Archives - Ottawa Real Estate

December 18, 2024December 20, 2024

Buying a House in Ottawa: 8 Essential Tips

Why Home Inspections Matter When Buying a Home in Ottawa

Buying a house in Ottawa is an exciting milestone, but it can also feel overwhelming. Home inspections are crucial for uncovering potential issues that could lead to costly surprises. A knowledgeable realtor can recommend trusted inspectors and guide you through the inspection process, ensuring you understand any areas that need attention.

Their expertise not only helps you navigate inspections but also empowers you to make informed decisions throughout your home-buying journey, giving you confidence in your investment. Here are critical issues to evaluate when assessing a property, along with important neighborhood factors.

November 29, 2024December 8, 2024

OPINION: CMHC insurance has shifted from enabling homeownership to inflating prices

The Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance program is a government-backed initiative that allows homebuyers to purchase properties with less than a 20 per cent down payment.

Initially designed to help Canadians without significant savings enter the housing market, CMHC insurance has since become the single greatest catalyst of real estate demand in the federal government’s arsenal.

in General / News

November 21, 2024November 28, 2024

Ottawa’s 30-Year Mortgage Expansion: Key Impacts for Homebuyers

The recent announcement of expanded 30-year amortization and an increased insured mortgage cap in Ottawa has stirred considerable discussion in the real estate market. Set to take effect on December 15, 2024, these changes promise to reshape the landscape for potential homebuyers. Let’s examine the potential impacts of these new mortgage rules.

in Client FAQ / General / News

December 6, 2023

Testimonial — take the time needed

“When buying our first home we relied entirely on Dan’s vast experience in Ottawa real estate to make a sound investment. He has a wealth of information and knowledge to share

in General / Testimonials

August 3, 2023August 3, 2023

July 2023 Stats for Ottawa Real Estate

Stabilized July Resale Market Showing Positive Price Gains

Members of the Ottawa Real Estate Board (OREB) sold 1,263 residential properties in July through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,102 in July 2022, an increase of 15%. July’s sales included 979 in the freehold-property class, up 18% from a year ago, and 284 in the condominium-property category, a 6% increase from July 2022. The five-year average for total unit sales in July is 1,621.

in General / Market Stats