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Before You Downsize, Do Not…

Whether your are an empty-nester, a retiree, or recently single, downsizing may seem like an alluring and logical way to simplify your life and save on expenses. But for downsizing to really make sense over the long-term, you need to proceed with caution and avoid some pitfalls. Do Not Rush Be patient and take the […]

Low Inventory Could Leave Some Buyers Out in the Cold

Members of the Ottawa Real Estate board sold 712 residential properties in January through the Board’s Multiple Listing Service System, compared with 664 in January 2017, an increase for 7.2 percent. The five-year average for January sales is 638. While January is typically the month we see the lowest number of listings come onto the […]

Mortgage Before Marriage: Buying a Home with a Partner

A growing number of Canadian couples are choosing common-law partnerships over marriage. According to recent census data, nearly 20% of households in Canada now include a common-law couple, and studies by Canadian mortgage insurers indicate that a quarter of all couples with mortgages are now unmarried. While it is certainly not the same as marriage, […]