Eric’s Ottawa Real Estate Blog

Eric’s Ottawa Real Estate Blog

 


Are Mortgage Rates Finally Coming Down?

[Please note that we have not personally verified the text/graphic above, which may reference US data.  However, while the specifics may differ, the concept is still relevant.] At a meeting on May 29, 2024, we attended a presentation from a Toronto mor …

Are Mortgage Rates Finally Coming Down? Read More »


The Legendary Roger Moore

As a seven-year-old in about 1983, in the days before First Class Lounges at airports, I was with my grandad in Nice Airport and saw Roger Moore sitting at the departure gate, reading a paper. I told my granddad I’d just seen James Bond and asked if we …

The Legendary Roger Moore Read More »


Modest Gains Across Ottawa’s MLS® Market in April 2024 a Sign of Shared Confidence

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,456 units in April 2024. This was an increase of 8.9% from April 2023. Home sales were 2% below the five-year average and 6.9% below the 10-year average f …

Modest Gains Across Ottawa’s MLS® Market in April 2024 a Sign of Shared Confidence Read More »


Complete your Vacant Unit Tax for Ottawa by March 21, 2024!

–> Click Here to Declare Your Property Status   If you declare after March 21 you will be fined $250.  And if you don’t file by April 30, the city will add 1% of the assessed property value to your tax bill (they’ll assume that it was vacant u …

Complete your Vacant Unit Tax for Ottawa by March 21, 2024! Read More »


Ottawa’s MLS® Market Thawed in January 2024, but Sales Still Slow

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year av …

Ottawa’s MLS® Market Thawed in January 2024, but Sales Still Slow Read More »


Twas the night before Christmas 2023

Twas the night before Christmas - updated for 2023

Twas a week before Christmas in Santa’s workshop, Not a creature was stirring — you could hear a pin drop. Santa was worried as he wandered around As all of his Elves were nowhere to be found. Christmas was coming, the shop should be bustling With eve …

Twas the night before Christmas 2023 Read More »


Ottawa MLS® Home Sales Stable in November 2023 Amid Growing Supply

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totalled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year a …

Ottawa MLS® Home Sales Stable in November 2023 Amid Growing Supply Read More »


Can a Reverse Mortgage Save Your Retirement Plans?

(The following is from an email of October 20, 2023 which was prepared by Enriched Academy.) [Note: as with all things, it may not suit most people, but it will be a worthwhile option for some. Be sure to research the pros and cons before committing to …

Can a Reverse Mortgage Save Your Retirement Plans? Read More »

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