Why Lowering Interest Rates Alone Won’t Solve the First-Time Homebuyer Dilemma Yesterday the Bank of Canada announced another interest rate reduction, this time being a more significant 50 basis points. However, while lower interest rates might help ease monthly mortgage payments, they’re not a silver bullet for making homeownership attainable. For first-time buyers in Ottawa’s […]
Regularly checking your credit score is crucial for securing a mortgage. Errors on your credit report, such as incorrect balances or late payments, can lower your score, reduce your borrowing power, and even lead to loan denial. By monitoring your credit regularly and addressing any discrepancies, you can protect your financial health and ensure a smooth path to homeownership.
What does it mean to get a mortgage pre-approval? Find out what you need and how this helps your home buying experience!
We are now going to officially call it a trend! The number of days that homes are on the market is slowly rising again. This means our buyers have more time to make decisions, our sellers are having to be more patient in the market, and real estate agents are really having to work closely […]
We are experiencing a moment that we could call the “wait-and-see” approach to buying a home. Buyers are pulling back a bit and there are many factors at play. It is still a seller’s market with a low supply of inventory. Ask us what your plan should be if you are looking to make a […]
What your electrical panel wants you to know!
What questions do you have about the Ottawa market at the moment? We are watching the market carefully for any major or minor changes. Our team is working closely with our clients working on our listings that we have, staging homes, and helping our wonderful buyers find their happy place. If you have questions about […]
On average, the typical Canadian moves 5 to 6 times in their lifetime. But what exactly dictates how often people move? What reasons do people have for moving and what is the “optimal” amount of times someone should move in their life? Is now your time to move, or should you stay planted in your […]
Home staging tips for sellers. We love helping our clients prepare their home for sale and have so much success with staging homes!
Shifting weather or shifting market? Have you noticed a change in the air? We certainly have. One of the great indicators for a change in the Ottawa real estate market is the number of days that a house is on market. It has jumped from 6 days to 8 days! While this may not seem […]