“Cash for keys” agreements between Ontario tenants and landlords have been receiving a lot of media attention lately. Here’s a link to a CBC article that includes video clips from a segment that ran on The National a few weeks ago, as an example: CBC on Cash for Keys. CBC’s coverage includes everything you need to understand these agreements, why ... Read More The post Cash For Keys appeared first on OttawaAgent.ca ..read more

1. They Don’t Understand Leverage Some of your friends aren’t investment-minded. They may be risk-averse or they espouse an experience-focused lifestyle and spend all their money “enjoying life”. But you also have friends who are focused on building wealth who insist that real estate is not a good investment. Some of these folks take risks that promise huge returns, like ... Read More The post Why your friends think real estate is a bad investment. appeared first on OttawaAgent.ca ..read more

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Ever wonder whether neighbourhood A is more or less expensive than neighbourhood B? Or how about which areas are trending downward or upward? This ranking of Ottawa & Eastern Ontario communities is a great place to start, and I think it’s the only place you’ll find a simple leaderboard-style ranking with multi-year price ranking trends at a glance. In the ... Read More The post Ottawa House Prices By Neighbourhood 2022 appeared first on OttawaAgent.ca ..read more

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House prices in Ottawa in early 2021 are going crazy! Last video we talked about the main reason. Let’s look at some other theories (and conspiracies!) about house prices. I mention a couple of media articles in this video. Here are links to those articles: Global News on Foreign Buyers The RBC Study that Global News References CTV July 2020 ... Read More The post House Price Theories & Conspiracies appeared first on OttawaAgent.ca ..read more

“No conveyance of offers prior to <time of day> on <specific date>.” …or… “Offers presented at <time of day> on <specific date>; however, the seller reserves the right to review and may accept pre-emptive offers.” If you followed or participated in the real estate market in Ottawa in 2020 you will have noticed one of these two phrases appearing in ... Read More The post No Conveyance of Offers – Nothing Has Changed appeared first on OttawaAgent.ca ..read more

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Examining the Bank of Canada’s Interest Rate Policy on Real Estate We all know that lower interest rates can contribute to increased demand in the housing market. In this article I’ll look at how the Bank of Canada inflated house prices during the pandemic, from March 2020 through March 2022. When governments announced shutdown measures to start dealing with the ... Read More The post How The Bank of Canada Inflated House Prices appeared first on OttawaAgent.ca ..read more

Should blind bidding be banned? The Liberal Party of Canada seems to think so. Justin Trudeau created quite a stir when he announced the party’s plan to ban “blind bidding” in real estate transactions at a campaign stop recently. When I heard the news, I thought it likely an exaggeration or other form of “fake news” because real estate transaction ... Read More The post Should Blind Bidding Be Banned? appeared first on OttawaAgent.ca ..read more