Are Ottawa Homes Sitting or Selling Fast? April Market Shifts
In this week’s episode of the Ottawa Real Estate Podcast, we break down why some homes in Ottawa are lingering on the market while others are getting snapped up in days. We talk about the surprising April market stats, where mortgage rates might be heading, and which types of homes are looking less like a deal than they seem. We also unpack the Purchase Plus Improvement program, compare it to construction loans, and explain how financing conditions are playing into current offers. If you’ve seen a “handyman special” listing lately, you’ll want to hear our take.
00:00 Intro
02:03 Are Houses Not Selling in Ottawa?
06:13 Are Mortgages Rates Going to Go Up?
10:13 April Real Estate Stats for Ottawa
11:48 Some Houses Are Selling Very Quickly
12:59 Undervalued Properties That Are Not Such a Good Deal
13:49 Purchase Plus Improvement Program
18:01 Improvement Plus vs Construction Loans
22:07 Financing Conditions in Offers
25:32 "Handyman Special" Listings
28:36 Mood boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: paul@paulstevenson.ca
Phone: 1-613-263-4543
https://www.paulstevenson.ca
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: david@referralmortgages.com
Phone: 1-613-686-6003
https://www.referralmortgages.com
If 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, BIG - Billyard Insurance Group.
