The Ottawa Real Estate Podcast

We’re joined by Steve Bailey from the Agency, representing the Waterloo, Oakville and Muskoka regions to give us his take on the current markets and how things are likely to progress as we move further into the spring.Steve BaileyEmail: steve.bailey@theagencyre.comPhone: +1 519 208 1444Time Stamps:00:00 Intro02:16 Barrhaven Stats March 202307:15 The Agency’s Steve Bailey Joins34:13 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

This week we discuss some new stats for Orleans, ripples from SVB and the American markets and a 50K increase in price month over month in Ottawa.Time Stamps:00:00 Intro07:16 Ottawa Prices Up 50k in February11:14 The Sagan Borrower Profile for Ottawa 20:00 Orleans Stats 32:42 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

In this episode, we discuss various topics related to the Canadian market. We start by  reviewing the latest Kanata stats and analyzing what they mean for the industry. Then, we break down the month-to-month sales numbers for 2022 and provide insights into the trends and patterns that emerged. Later, we explore the ripples caused by American banks hitting the Canadian market and discuss the potential implications for consumers and businesses.Time Stamps:00:00 Intro06:29 Kanata Stats13:42 Breaking Down 2022 Month to Month18:20 Ripples Hitting Canadian Market28:09 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

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 Intro02:34 Bidding on Multiple Offer Scenarios06:46 Blind Bidding Changes 11:56 Massive Increase in Amortizationshttps://www.canadianmortgagetrends.com/2023/03/td-mortgage-growth-flat-in-q1/23:17 New Build Concerns26:26 Stats - Feb Year over Year31:24 Foreign Buyer Damagehttps://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-582717343F1936:13 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

This week we discuss viewer questions submitted live!09:24 Impact of Stopping Rate Increases16:15 Multiple Offers in Spring Market34:42 Impacts of Bill 2343:30 Will Prices Go Crazy Again47:30 Selling and Staging58:44 Mood Boosts and Outro

The week we dive into the headlines to discuss the lowest home sale numbers in Canada since 2009, a suspiciously high number of mortgage free homeowners in big metropolitan areas and some possible financing options for upcoming renewals.Time Stamps:00:00 Intro05:03 Lowest Home Sales Since 2009https://www.canadianmortgagetrends.com/2023/02/canadian-home-sales-january-totals-at-lowest-since-2009-crea/12:00 50% of Homeowners Mortgage Freehttps://www.theglobeandmail.com/real-estate/vancouver/article-half-of-vancouver-homeowners-are-mortgage-free-data-shows/18:35 Financing Options27:49 New Build Appraisals 31:17 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

This week discuss the other side of the foreign buyers ban coin that’s affecting Canadian developments, rising rates causing seniors to quickly increase reverse mortgage debt and some curious stats about Stittsville.Don’t forget to cast your vote daily for The Ottawa Real Estate Podcast for Faces Magazine’s Podcast category, you can vote once a day until February 15th here:https://facesmag.ca/awards/#/gallery/?group=439191Time Stamps:00:00 Intro02:04 Orleans Explosion05:30 Foreign Buyers Ban12:08 Canadian Senior Increase Reverse Mortgage Debt20:05 Stats - Stittsville28:35 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

In this episode we try to address the concept of the right time to buy and how it relates to short term investing in the market. We also discuss stats for the city in January and answer questions from YouTube.Don’t forget to cast your vote daily for The Ottawa Real Estate Podcast for Faces Magazine’s Podcast category, you can vote once a day until February 15th here:https://facesmag.ca/awards/#/gallery/?group=439191Time Stamps:00:00 Intro3:50 Bond Rates and Products18:00 Questions from YT29:40 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

This week we talk about the incoming busy spring in Ottawa, the final (hopefully) increase in rates. Kanata numbers and a rise in title scams across the country.Don’t forget to cast your vote daily for The Ottawa Real Estate Podcast for Faces Magazine’s Podcast category, you can vote once a day until February 15th here:https://facesmag.ca/awards/#/gallery/?group=439191Time Stamps:00:00 Intro06:58 Rate Increase23:17 Kanata Numbers34:35 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca

We’re joined by Luka from The Agency to hear about the return or multiple offer scenarios in the city, we also discuss the ever rising rates and a new multigenerational tax credit for home renovations.Don’t forget to cast your vote daily for The Ottawa Real Estate Podcast for Faces Magazine’s Podcast category, you can vote once a day until February 15th here:https://facesmag.ca/awards/#/gallery/?group=439191Time Stamps:00:00 Intro02:37 Luka Maric Joins09:28 Barrhaven Stats15:37 Rates21:55 Multigenerational Tax Credit41:07 Mood Boosts and OutroGet in touch with us! Paul StevensonEmail: paul@paulstevenson.caPhone: 1-613-263-4543David Warren - Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003Greg Campbell - The Agency OttawaEmail: greg.campbell@theagencyre.comPhone: 1-613-614-0179If 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!New Episodes of the podcast are available on Tuesdays at 10AM on all podcast services and atwww.theottawarealestatepodcast.comBrought to you by Referral Mortgages, The Agency Ottawa, PaulStevenson.cahttps://www.referralmortgages.com/https://www.theagencyre.com/ottawahttps://www.paulstevenson.ca/