The Ottawa Real Estate Podcast

In this episode of the Ottawa Real Estate Podcast, hosts Paul Stevenson and David Warren discuss various pressing topics affecting the Canadian economy, including inflation rates, the implications of the carbon tax, and the potential impact of Trump's proposed tariffs. They also discuss the current political landscape and its influence on economic policies, particularly regarding the housing market. The conversation wraps up with predictions for the real estate market in 2025.Chapters00:00 Introduction and Technical Issues01:52 Inflation Insights and Tax Implications07:21 Political Landscape and Carbon Tax Discussion11:47 Trump's Tariff Threats and Economic Impact20:17 Real Estate Market Predictions for 202527:46 Mood Boosts and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

In Episode 201 of the podcast, Paul Stevenson and David Warren return with updates on the real estate market, revisiting their 2024 predictions and sharing key insights. They break down year-end stats, highlighting a modest rise in transactions and prices, discuss the potential impact of political changes, and explore how upcoming rate drops could affect Canadians renewing mortgages in 2025.They also touch on the benefits of winter buying and the value of connecting with clients to uncover financial opportunities. Don’t miss it!00:00 : Introduction and Show Updates02:54 : 2024 Market Predictions Review10:09 : Market Conditions and Political Impacts15:00 : Interest Rates and Mortgage Renewals20:47 : Job Market Insights and Economic Implications28:16 : Buying in Winter: Opportunities and Strategies30:43 : Mood Boosts and Closing RemarksRemember to Subscribe, Like, Share and comment!Get in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Mortgage Agent Level 2 Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, Centum Mortgage, BIG - Billyard Insurance Group.

🎉 Welcome to the 200th episode of the Ottawa Real Estate Podcast! Join hosts Paul Stevenson, Greg Campbell, and David Warren as they mark this incredible milestone with a deep dive into the ever-changing real estate landscape of Ottawa, Canada. In this episode, they discuss the bustling end-of-year market activity, builder price increases, and provide crucial advice for first-time homebuyers. The team also unpacks the recent changes to the mortgage stress test and debates the symbolic vs. impactful nature of government rebates. Plus, a look into how Equifax's global consumer credit file will aid newcomers in building Canadian credit. Tune in for all this and much more, including some fun mood boosts to keep your spirits high. Thanks for your support through these 200 episodes!00:00 Introduction to the Ottawa Real Estate Podcast01:49 Market Trends and Updates02:15 Reflecting on Past Episodes03:17 Current Market Activity09:11 Housing Affordability Challenges16:10 Stress Test and Mortgage Transfers19:23 Competition Bureau and OSFI Guidelines21:03 Equifax's Global Consumer Credit File Initiative24:10 Government GST Cuts and Rebates Impact on Mortgages25:20 Unpredictable Rate Market and Economic Implications32:44 Mood Boosts and Episode ConclusionGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage, BIG - Billyard Insurance Group.

In this episode of the Ottawa Real Estate Podcast, hosts Paul Stevenson, David Warren, and Greg Campbell dive into the stability and consistency of the Ottawa real estate market. They discuss historical price trends, the impact of recent policy changes on temporary residents and refugees, and the pros and cons of rent control across Canada. Key insights include market trends, investment considerations, and how macroeconomic factors influence local real estate decisions. Special segments also cover upcoming projections for 2024, financial implications of political decisions, and light-hearted moments with dad jokes. Tune in for a comprehensive and engaging discussion on Ottawa's housing landscape!00:00 Welcome to the Ottawa Real Estate Podcast03:57 Real Estate Market Trends and Statistics07:03 Historical Real Estate Data Analysis12:48 Discussion on Housing Sizes and Trends17:12 News: Trump's Tariff Announcement27:47 Rent Control Debate in Canada34:53 Immigration Policy Changes and Housing Market37:54 Predictions for 2024 Real Estate Market39:20 Mood Boost and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage, BIG - Billyard Insurance Group.

In this episode of the Ottawa Real Estate Podcast, hosts Paul Stevenson, David Warren, and Greg Campbell discuss the complexities of real estate transactions, focusing on a detailed story involving a problematic home purchase and what could have been done differently. The team also reviews the latest news on housing starts, the impact of upcoming regulatory changes, and shares insights on Orleans's real estate market. Additionally, they delve into economic indicators like inflation and mortgage rates, and the implications of new policies for homebuyers and homeowners. Tune in for expert commentary, personal anecdotes, and useful advice for navigating the real estate landscape.00:00 Introduction02:09 Diving into Real Estate Stories16:14 Real Estate News Update18:10 Housing Starts and Rentals19:22 Inflation Numbers Update20:31 Bank of Canada Rate Announcements21:23 Mortgage Stress Test Removal22:43 Extended Amortizations for First-Time Homebuyers27:42 Private Lending and Roadmaps34:33 Orleans Real Estate Market Overview37:56 Mood Boosts and OutroGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage, BIG - Billyard Insurance Group.

BIG Insurancewww.thebig.ca613-239-5792 x39501brian.powell@thebig.caIn this episode of the Ottawa Real Estate Podcast, hosts Paul Stevenson, David Warren, and Greg Campbell cover key highlights and insights into the current real estate market and insurance landscape. They start with an overview of recent national and local catastrophic events affecting insurance underwriting guidelines. The team welcomes special guest Brian Powell from Big Insurance in Westboro, who discusses the challenges and considerations with insurance policies, including the implications of poly B plumbing, wet certificates, and how to achieve significant discounts on home insurance. Additionally, the hosts share their experiences from the Centum National Mortgage Conference in Costa Rica, delve into the October real estate market stats for Ottawa, and finish off with some entertaining mood boosts. Don’t miss this insightful and informative episode!00:30 Welcome to the Ottawa Real Estate Podcast00:55 Meet the Hosts and Special Guest02:37 Recap of the National Mortgage Conference05:47 Insights on Canadian Mortgage Trends11:18 Ottawa Real Estate Market Update15:16 Stories from the Field18:40 Missed Opportunities in Real Estate19:18 Introducing Venkat: The Deal Sniffer21:14 Welcoming Brian Powell from Big Insurance22:27 Insurance Market Insights: Wet Certificates and Poly B Plumbing29:53 Navigating Home Renovations and Insurance35:39 Auto Insurance Trends and Tips37:26 Contact Information and Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage, BIG - Billyard Insurance Group.

In this episode of the Ottawa Real Estate Podcast, hosts Paul Stevenson, Greg Campbell, and David Warren dive into the pressing issue of decreased immigration and its impact on Canada's economy. The guys discuss how immigration has traditionally propped up the economy and the potential fallout of recent declines. They explore the implications for both business and individual investments, discretionary spending, and the heavily reliant real estate market. Additionally, the episode covers the new federal Secondary Suite Program, the Bank of Canada's forecast for 2024, and Ashcroft Homes' recent financial troubles impacting Ottawa area contractors. Tune in for expert insights, listener Q&A, and some uplifting mood boosts!00:00 Introduction02:36 Listener Engagement and Upcoming Guests03:34 Trade Show Highlights05:30 Listener Comments and Questions09:42 Market Trends and Advice17:17 News20:01 Impact of Immigration Slowdown on the Economy21:50 Secondary Suite Refinance Program27:02 Bank of Canada's Economic Forecast34:44 Ashcroft Homes Financial Troubles37:55 Mood Boosts and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage

In this episode of the Ottawa Real Estate Podcast, hosts Greg Campbell and David Warren cover a range of critical topics for home buyers and investors. They discuss the nuances of obtaining home insurance for properties with wood stoves, fireplaces, and Poly B piping, emphasizing the importance of wet certificates. The episode also dives into significant shifts in Canada's real estate market, with a focus on the dynamics in cities like Toronto, Vancouver, and Ottawa, and includes detailed insights into the Orleans neighborhood. The hosts tackle controversial issues such as the impact of COVID-19 and immigration policies on property pricing, the real estate crisis tied to supply and demand, and debate over the $500K townhouse market. Additionally, they explain the 'Right of First Refusal' in real estate transactions and offer practical tips for buyers and sellers navigating this condition. Predictions for interest rate drops by major banks and their implications are explored, along with the effects of changes in immigration policy and international student enrollment on the housing market.01:22 The Ottawa Real Estate Podcast Introduction03:11 Insurance Challenges: Wet Certificates and Poly B Piping11:34 Market Trends and Buyer Tips20:03 The Real Estate Market Dynamics21:35 Canadian Inflation and Rate Cuts23:40 Impact of Immigration Policies on Real Estate27:06 Market Stats: Orleans Real Estate Overview31:13 Understanding Right of First Refusal36:33 Real Life Scenarios and Advice39:16 Mood Boosts and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage

In this comprehensive episode, we dive into the multifaceted impacts of economic shifts on the Canadian market. Paul Stevenson discusses the looming U.S. presidential election and its influence on mortgage rates, with an emphasis on locking in rates amidst price stabilization. We address the alarming rise in income inequality in Canada and its implications on housing affordability, alongside TD Bank's substantial $3 billion fine by U.S. regulators for anti-money laundering failures. The discussion includes warnings from former regulators about potential bank runs and the need for modernized economic policies. Additionally, we explore shifts in Canada's housing policies focusing on insurable refinancing and opportunities to add rental suites. These insights highlight the importance of adapting to economic uncertainties and evolving financial landscapes. Join us for a thorough analysis and share your thoughts!00:00 Introduction to the Ottawa Real Estate Podcast01:43 Market Update and Rate Discussion07:47 Income Inequality in Canada10:03 TD Bank's Massive Fine14:55 Preparing for Bank Runs and Collapses16:40 Bank Runs and Economic Consequences17:11 Government Interventions and Insurance17:51 Potential Bank Runs and Lending Disruptions19:40 Protecting Your Savings20:24 Canada's Housing Market Shift21:33 New Mortgage Insurance Rules26:12 Equity Explained27:49 Mood Boosts and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage

Join hosts Paul Stevenson, David Warren, and Greg Campbell in this episode as they delve into the current state of Ottawa's real estate market and economic factors impacting the industry. They discuss the challenges faced by businesses, the influence of interest rates on construction and renovations, and the effects of U.S. economic shifts on Canadian mortgages. The trio also explores the role of family financial assistance in home buying and increasing generational inequality. With rates fluctuating and changes in real estate laws on the horizon, the hosts provide their insights and predictions on future market trends. A comprehensive analysis of recent real estate statistics offers listeners a clearer picture of where Ottawa's market stands and what lies ahead.00:00 Introduction and Economic Overview01:21 Welcome to the Ottawa Real Estate Podcast03:28 Market Trends and Recent Developments04:03 Interest Rates and Mortgage Insights10:11 Business Closures and Economic Challenges15:10 Generational Wealth Transfer22:08 Ottawa Real Estate Statistics27:38 Predictions and Future Outlook32:23 Mood Boost and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543https://www.paulstevenson.ca David Warren - Referral Mortgages Email: david@referralmortgages.com Phone: 1-613-686-6003https://www.referralmortgages.com/ Greg Campbell - The Campbell Maric Group/EXP Realty Email: greg@tcmgrealty.ca Phone: 1-613-614-0179https://www.yourhomeinottawa.ca/ 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! New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage, BIG - Billyard Insurance Group.