Ottawa’s most expensive house has sold, the foreign buyer’s ban is extended and bylaws are being set to change the city forever. It’s the Ottawa Real Estate Podcast. Articles: https://ottawacitizen-com.cdn.ampproject.org/c/s/ottawacitizen.com/news/local-news/city-under-pressure-to-end-exclusionary-zoning/wcm/cd677e27-1a63-4324-bd37-83f0198aebaf/amp/ 03:32 Ottawa Proper Stats 10:02 Ottawa’s Most Expensive Home 12:58 Foreign Buyer’s Ban Extended 16:01 New Zoning Bylaws 17:08 Rates 22:56 Mood Boost...
Feb 06, 2024•29 min•Ep. 163
This week on TOREP, Bank of Canada’s recent announcement and Bond Rates, how under 35’s are reducing their mortgage debt, missing taxes taking their toll, and more! Articles: https://www.canadianmortgagetrends.com/2024/01/under-35-households-lead-the-way-in-reducing-mortgage-debt-statcan-reports/ https://betterdwelling.com/category/canada/?fbclid=IwAR2OwNhdh3clSaMI8GG7incWdQ6fzdpUiW6_CbbMHopuMn0eJdP5Gbj9bFc https://obj.ca/event-space-would-make-byward-market-more-active-district-group-says/?fbcl...
Jan 30, 2024•32 min•Ep. 162
This week we take a look at the Ottawa Market stats (for "Ottawa proper"), discuss the B.O.C's upcoming rate announcement and the maybe possibility that we're in some kind of a bubble. Maybe. https://betterdwelling.com/canadas-real-estate-bubble-is-batsht-crazy-compared-to-other-g7s/ 04:39 Listing Review - Crystal Beach 07:17 Ottawa Proper Stats 10:52 B.O.C Announcement 14:07 Canada’s Got a Big Bubble Problem 26:59 Mood Boosts and Outro Get in touch with us! Paul Stevenson Email: paul@paulsteven...
Jan 23, 2024•32 min•Ep. 161
This week we’re joined by Nicholas Crouch from REAL Broker Ontario to discuss real estate stat tracking, builder’s pulling the rug from under buyers and Nick’s presence on Reddit (u/ottawaagent) answering everyone’s questions on local real estate. You can find Nick below, and every week in his post on the Ottawa subreddit breaking down the current stats for the city. We’ve also included his archive of stats for those of you who aren’t familiar with Reddit https://docs.google.com/spreadsheets/d/1...
Jan 16, 2024•54 min•Ep. 160
Welcome back to another year of the Ottawa Real Estate Podcast, we welcome the new year with discussion on December’s OREB stats, Probate and our predictions for the coming year. 03:50 What’s New with Ottawa Real Estate 13:18 December Stats from OREB 15:36 Probate 22:41 2024 Predictions 27:03 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 ...
Jan 09, 2024•29 min•Ep. 159
The final part of our year end episode, we're joined by Kevin Cosgrove and Luka Maric to discus part time realtors and where we're headed in the new year! 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 Campbell Maric Group Email: greg@tcmgrealty.ca Phone: 1-613-614-0179 If you have a question or topic you'd like to hear us discuss send us an emai...
Jan 02, 2024•43 min•Ep. 158
We’re joined live in person by Natalie and Michele from Guertin Poirier Law to talk real estate law! https://guertinpoirierlaw.ca/ 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 Campbell Maric Group Email: greg@tcmgrealty.ca 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...
Dec 27, 2023•34 min•Ep. 158
This week we're joined by Kevin Cosgrove and Julie Patterson for the first part of our holiday special, recorded live in person for the first time in a long time. Look out for the other parts releasing over the next 2 weeks, or head over to our Youtube page and check out the full live recording. 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 Camp...
Dec 19, 2023•58 min•Ep. 158
This week in the penultimate episode of 2023 we discuss consumer debt, all of Ontario seemingly being a buyers market, November 2023 stats and more. Articles: https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-consumer-debt-credit-deliquencies-equifax/?fbclid=IwAR01vQVgrmvu-I9bf_GFspPrFkYdBnZtU0hMdrcwZlZaYFVzvMuQJgbkkso Time Stamps: 00:00 Intro 04:40 - Wrapping up 2023 11:35 - Consumer Debt 16:05 - Ontario is for Buyers 23:17 - November 2023 Stats 33:48 - Mood ...
Dec 12, 2023•37 min•Ep. 157
Greg Campbell, Paul Stevenson, and David Warren discuss the current state of the Ottawa real estate market and the impact of the economic downturn on the industry. They highlight the increase in mortgage delinquency rates and the upcoming wave of mortgage renewals, which could lead to higher interest rates for homeowners. The hosts also discuss the importance of open houses and the changing role of lawn signs in the digital age. Despite the challenges, they remain optimistic about the market and...
Dec 05, 2023•34 min•Ep. 156
Discussing the latest updates in the Ottawa real estate market. They cover topics such as the new Canadian mortgage charter, the challenges faced by buyers of new builds, and the current state of mortgage activity. They also provide insights into the average days on the market for different types of properties in Riverside South. The hosts emphasize the importance of staying informed and having open dialogues with professionals when making real estate decisions. They also announce their upcoming...
Nov 28, 2023•39 min•Ep. 155
About The Guest(s): Matt Luloff is a city councillor for Orleans, East and Cumberland. He is known for his dedication to his community and his commitment to finding solutions to the challenges facing his constituents. Luloff is passionate about reducing barriers to growth, building affordable housing, and improving transportation options in the East End of Ottawa. Summary: Matt Luloff emphasizes the importance of engaging in open and honest conversations about the challenges and opportunities in...
Nov 21, 2023•1 hr 8 min•Ep. 154
Ottawa has more inventory than it’s had in years, where are the sales? Our observations on the current market and developments across the city on this week’s episode. Time Stamps: 00:00 Intro 05:00 Ottawa Market Observations 18:00 Inventory in Ottawa 24:30 Lansdowne 2.0 29:00 Realtor Value 41:13 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 Gr...
Nov 14, 2023•44 min•Ep. 153
The bonds are coming down, what that means for fixed rates and more on this week’s episode. Time Stamps: 00:00 Intro 08:26 Bond Rates 22:03 Buyers Ditching Home Deposits 36:03 Commissions 42:41 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 ...
Nov 07, 2023•45 min•Ep. 152
This week we reunite enforce to discuss the held interest rates from Bank of Canada, the current purchasing opportunity for buyers and the idea of a universal basic income for Canadians. Articles: https://www.cbc.ca/news/canada-how-basic-income-works-1.6179760 Time Stamps: 00:00 Intro 06:30 Rates Hold and Banks Forecast Drops 14:10 The Current Purchasing Opportunity 24:30 Is UBI A Solution 29:52 Mood Boosts and Outro Get in touch with us! Paul Stevenson Email: paul@paulstevenson.ca Phone: 1-613-...
Oct 31, 2023•33 min•Ep. 151
It’s a mortgage heavy week as Dave and Paul discuss the eventual downturn of rates, a new OSFI report that helps make transfers easier on mortgage holders and how taxing builder’s less may be the key to getting supply back on track. Articles: https://www.canadianmortgagetrends.com/2023/10/report-reveals-largely-unknown-mortgage-exemption-no-stress-test-on-insured-switches/?fbclid=IwAR1Ze-FhoFETcJ9qwqsaphGYDlu3jiskGNT1BDlBTSgBux61VNOWnXB05Iw https://financialpost.com/opinion/more-housing-construc...
Oct 24, 2023•32 min•Ep. 150
This week: CREA cuts sales forecast for 2023, rates are changing but not the way most expect, and properly priced homes sell fast. Time Stamps: 00:00 Intro 05:28 Forecast Not Great 08:38 Ottawa Home Sells in 4 Days at Asking Price 15:10 Rates 26:57 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.camp...
Oct 17, 2023•31 min•Ep. 149
This episode was recorded live on our YouTube channel, be sure to follow us there to be updated when we're goin live and to catch the video version of every episode! 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 ...
Oct 11, 2023•52 min•Ep. 148
Paul and Greg discuss what they’re seeing in Ottawa right now. Greg gives us some advice on listing correctly in the current market, we discuss the class action lawsuit in Ontario over Realtor commissions and the CBC’s inflated real estate portfolio. Time Stamps: 00:00 Intro 03:03 State of the Ottawa Market 14:22 Commission Class Action 26:25 CBC’s Real Estate Portfolio 32:08 Mood Boosts and Outro https://www.linkedin.com/pulse/who-wins-when-your-home-sold-greg-campbell%3FtrackingId=tqPR1bTRvT7Q...
Oct 03, 2023•34 min•Ep. 147
This week we discuss the state of the market in Ottawa from Greg’s perspective. The hidden costs of building for developers, and the profession of being a Real Estate Agent. Time Stamps: 00:00 Intro 02:10 State of the Ottawa Market 13:41 The Cost to Build 19:50 Professional Agents 29:05 Mood Boosts and Outro https://iverfashion.com/ 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...
Sep 26, 2023•35 min•Ep. 146
We deep dive into the GST tax cut to new rental construction. Time Stamps: 00:00 Intro 03:07 Greg vs Lazy Agents 11:10 GST Cut on Rental Construction 26:02 Delinquency Rising 34:17 Mood Boosts and Outro Articles from this Episode: https://storeys.com/canada-gst-rental-construction-details/?fbclid=IwAR0RibcnpuyPuLsuU3GDvKOE_mKWBDvOamRXqs8InCp9hcEo9kEzrVXYmQs https://www.canadianmortgagetrends.com/2023/09/early-stage-delinquencies-for-all-credit-products-are-on-the-rise-equifax/ Get in touch with ...
Sep 19, 2023•37 min•Ep. 145
This week’s episode includes, August ‘s market numbers, Ford’s plan for $500,000 homes in Toronto, and new strategies to soften the blow for first time homebuyers. Time Stamps: 00:00 Intro 06:01 August Market Numbers 09:23 Kanata Deep Dive 15:57 Manitoba First Time Buyers Plan 23:28 Doug Ford’s Patented $500,000 Home 31:17 Mood Boosts and Outro Articles from this Episode:\ https://www.nerdwallet.com/ca/mortgages/3-ways-to-secure-a-mortgage-for-your-first-investment-property https://www.canadianm...
Sep 12, 2023•35 min•Ep. 144
It’s September now. Time Stamps: 00:00 Intro 02:20 What’s Happening in Ottawa in the next 30 Days 04:40 Buyer’s or Sellers 9:50 August 2023 13:00 Rates 28:10 Ontario Housing Minister Resigns 35:00 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 ha...
Sep 05, 2023•39 min•Ep. 143
This week on a very regular episode, we discuss the volatile topic of rates, whether or not we’re in or about to enter a buyer’s market, fixed rates dominating the market, the unaccounted for consequences of international students, and how developers are shutting down or paying up when it comes to affordable housing. Time Stamps: 00:00 Intro 05:04 Can Rates Increase Again? 12:52 Is It a Buyer’s Market? 16:20 Fixed Rates on Top 20:24 International Students 26:40 Developers and Affordable Homes 31...
Aug 29, 2023•34 min•Ep. 142
This week we’re joined by Darren Campbell from Westboro MIC to talk rates, lack of supply and what the coming wave of renewals will mean from homeowners. dcampbell@westboromic.com https://westboromic.com/ Time Stamps: 00:00 Intro 03:40 Darren Campbell Joins Us 16:20 Lack of Supply 41:15 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 Campbe...
Aug 22, 2023•43 min•Ep. 141
Our 140th episode recorded live. We discuss inflation increasing in July and what's to come for rates this week and in September as the market wakes up from summer holidays. 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 ...
Aug 16, 2023•58 min•Ep. 140
In a rate-aculer episode Paul and Dave discuss the latest news in bonds and rates for Canada and what we can expect moving into the fall market. Month over month numbers for Ottawa are out and we take a look at Rent vs Mortgages across the country. Time Stamps: 00:00 Intro 03:25 Monthly Stats 06:36 Rates 26:53 Rent Vs Mortgage Payments 30:19 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...
Aug 08, 2023•34 min•Ep. 139
Dave and Greg talk about assignments, the state of things in Ottawa, fluctuating rates and when we can expect the summer market to meet its demise. Time Stamps: 00:00 Intro 06:04 Assignments 10:23 Investing in Ottawa 17:06 Ottawa Market Status 34:46 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.cam...
Aug 01, 2023•36 min•Ep. 138
This week we look at what’s to come for Ottawa’s market, from rates beginning to decline along with some home prices, is the optimal market coming? Time Stamps: 00:00 Intro 02:20 Barrhaven Breadown 05:00 Rates 15:45 Checks and Balances 32:30 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@th...
Jul 25, 2023•36 min•Ep. 137
We're back, we discuss all the goings on while we took our summer break and answer viewer questions! 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...
Jul 19, 2023•1 hr 6 min•Ep. 136