Underwriting insights! What Every Homebuyer Should Know Before Applying for a Mortgage
This homeownership.ca post tells why an understanding of underwriting is a key advantage for home buyers seeking a mortgage. Work with a mortgage professional to get pre-approved for a mortgage so you know your price range and can make an offer instantly. The pre-approval process determines the size of mortgage and type of home […]
Ottawa Real Estate Update: November 2015
Mild weather and post-election enthusiasm spurs on home buyers! Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties. If you are curious about the value of your home and/or specific neighbourhood statistics we would love to help. Contact us. […]
Not Only Millennials Want Walkable Communities
A walkable community is well-planned, compact and designed for people to walk to work, school, parks restaurants and activities as a form of everyday transportation. According to a National Association of Realtors survey, more and more buyers want to live in walkable communities. The study found that fully 12% more Millennials, the generation born between the […]
Ottawa Named 3rd Best City in the World for Quality of Life; Here’s Why
In this Point2Homes post, Nadia Balint attributes Ottawa’s stellar, but unsurprising (to locals), ranking in the recent Numbeo Quality of Life Index to three characteristics: Ottawa is young and fun with almost half the population under 35, it promotes and supports family life and the housing is relatively affordable. The Index rates factors like […]
How Will Real Estate Markets React To The Liberals' Election Victory?
The Liberal Party’s successful election campaign included a promise to stimulate the economy by increasing infrastructure spending with deficit budgets. How will these changes effect the country’s real estate market? Until details are released, the exact consequences are difficult to determine, but some possibilities have emerged. Foreign Investment We don’t know what […]
Home Improvements – Do It Yourself Or Hire A Professional?
Completing a DIY project can be tremendously fulfilling and financially rewarding. But, bite off more than you can chew, and you might be looking at some major expenses to fix the damage or, even worse, a catastrophic incident. Before grabbing your toolbox, accomplish a quick risk-reward analysis. Then, determine if you have the skills and […]
4 reasons to buy a home before the end of the year
Does cooler weather mean that you should cool down your house hunt? Absolutely not! Sellers who have homes listed during the colder months are usually motivated to sell and list prices are typically lower in December…but wait…there’s more! Traditionally, housing markets cool down at year end, but this Business Insider post suggests taking advantage of […]
How Will Legalized Pot Affect Canadian Real Estate Markets
No matter what you think about the ethics or morality of legalizing marijuana, Justin Trudeau’s Liberal government has promised to do just that during their first term. The fact is, we started down that path when medical marijuana was legalized. So, how will this impact real estate markets in Canada? The […]
Market Update | Ottawa Real Estate Stats October 2015
Here are the latest statistics from the Ottawa Real Estate board. Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties. If you are curious about the value of your home and/or specific neighbourhood statistics please contact us anytime, we would love […]
Home Buyers: To Inspect, or Not To Inspect
To Inspect, or Not To Inspect You’ve just purchased your dream home and your salesperson is recommending an home inspection before signing the final conditions. Is it worth $400-500? Now is the time to ignore your emotional attachment to the property, and make this a business decision. The answer is, “Absolutely!” The inspection is a […]