Archives for Ottawa real estate

Five Ways to Decrease Busy Season Stress

Prepping for the changing season is a lot to endure; for some it’s stressful and nerve-wracking, and for others it means they become quite the busy bee. In addition to everything else usually happening at the end of the year, trying to get ready for the season change while maintaining your household can become a big, burdensome cherry on top. If you’re feeling overwhelmed, believe me – you’re not the only one. No matter if you become frazzled by the thought of holiday prep or if you just need an extra boost, it’s always nice to have some help. The
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Leaves may be falling, but the real estate market is not

Leaves may be falling, but the real estate market is not News Release November 2nd 2017, OREB “As we enter the 3rd quarter of the year, we continue to see the resale market outpace last year’s performance, which was also a stellar year,” says President of the Ottawa Real Estate Board. Click here for the full News Release.
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Keeping You Safe on Halloween

Halloween Safety The night is quickly approaching when the streets will be filled with ghosts and goblins, not to mention princesses and fairies. As always, there are a few important Halloween safety guidelines that should be observed to ensure the night runs smoothly.   Click here for spooktacular safety tips.  
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Things to do in Ottawa this Weekend!

Looking for something to do this weekend? Ottawa has plenty of Spooky Halloween events and family friendly activities to keep you busy!   Click here for the full list of Ottawa Halloween events.  
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Canada’s new budget numbers show booming economic growth — and booming spending

Published online Ottawa Citizen by Brian Platt: October 25, 2017 | Last Updated: October 25, 2017 8:43 AM EDT   OTTAWA — Surging economic growth has Canada’s government on track to lower its deficits, but it’s also committing billions of dollars in new spending, including an extra $5.6 billion pumped into the Canada Child Benefit program over five years. “We’re very pleased with our economic situation, it’s what we would have hoped for.” Finance Minister Bill Morneau An extra $1.8 billion is already booked this year in new spending since the spring budget, and starting next year, hundreds of millions
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OSFI sets new mortgage rules, including stress test for uninsured borrowers, find out more about how this will affect you

By Pete Evans, CBC News Posted: Oct 17, 2017 9:29 AM ET Last Updated: Oct 17, 2017 3:02 PM ET   Canada’s top banking regulator has published the final version of its new mortgage rules, which include a requirement to “stress test” borrowers with uninsured loans to ensure they could withstand higher interest rates.   The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry on Tuesday. The regulator floated a similar version of these rules earlier this summer in draft form, but Tuesday’s release makes them official as of Jan. 1.   Click here to read the article
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Give Away Weekend!

City of Ottawa website The fall Give Away Weekend will take place on Saturday, October 21 and Sunday, October 22, 2017 Don’t put your unwanted stuff in the garbage. Set them out at the curb on Give Away Weekend. Tour your neighbourhood, community and city to find hidden treasures. Examples of acceptable items Books, CDs and DVDs Old furniture and small appliances Construction materials including drywall and hardware such as nails, bolts and screws Kitchen gadgets, dishes, cutlery, pots and pans Unwanted gifts Please consider safety when deciding which items to set out to the curb. The Consumer Product Safety Bureau(link is external)of Health Canada advises
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How to help your home withstand oncoming cooler conditions

Now is a good time to shore up your home’s defence against heat loss, so you stay warm all winter long       Mike Holmes October 13, 2017 1:04 PM EDT   Even the best built home will need some maintenance to keep it as efficient as it can be. If you know your home has trouble keeping its heat when the temperatures drop, now is a good time to shore up your home’s defence against heat loss, so you stay warm all winter long.   Click here to read the article       Courtesy of The Holmes
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CMHC explores cutting red tape to make it easier for self-employed to get a mortgage

The Canadian Press – Joanna Smith Oct 2, 2017 OTTAWA — The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can afford to pay the mortgage. “Right now, under our mortgage insurance policies, you have to be able to document income to get mortgage insurance, to a level of specificity that discriminates against new Canadians, because they can’t do that,” Evan Siddall, the CEO of the Canada Mortgage and Housing Corp., said in a wide-ranging interview with The
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