The Ottawa Real Estate Podcast - March 7th 2023

This week Greg teaches you what not to do in multiple offer scenarios, we discuss upcoming changes to blind bidding, a sharp increase in long term amortizations, and we go over February 2023 stats for Ottawa.

Time Stamps:

00:00 Intro

02:34 Bidding on Multiple Offer Scenarios

06:46 Blind Bidding Changes 

11:56 Massive Increase in Amortizations

https://www.canadianmortgagetrends.com/2023/03/td-mortgage-growth-flat-in-q1/

23:17 New Build Concerns

26:26 Stats - Feb Year over Year

31:24 Foreign Buyer Damage

https://www.mpamag.com/ca/mortgage-industry/industry-trends/cibcs-tal-on-foreign-buyer-ban-the-damage-is-real/437773?utm_source=GA&e=ZGF2aWRAcmVmZXJyYWxtb3J0Z2FnZXMuY29t&utm_medium=20230305&utm_campaign=MBNW-Weekend-20230305&utm_content=CE972C1A-6618-4089-99AB-582717343F19&tu=CE972C1A-6618-4089-99AB-582717343F19

36:13 Mood Boosts and Outro

Get in touch with us! 

Paul Stevenson

Email: paul@paulstevenson.ca

Phone: 1-613-263-4543

David Warren - Referral Mortgages

Email: david@referralmortgages.com

Phone: 1-613-686-6003

Greg Campbell - The Agency Ottawa

Email: greg.campbell@theagencyre.com

Phone: 1-613-614-0179

If you have a question or topic you'd like to hear us discuss send us an email at:

paulgregdave@gmail.com or leave us a comment below!

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www.theottawarealestatepodcast.com

Brought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.ca

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