Sepehr Safaee  YourOttawaRealEstate.com

Sepehr Safaee YourOttawaRealEstate.com

Sales Representative

Sutton Group - Ottawa Realty, Brokerage

Mobile:
(613) 769-9302
Office:
(613) 254-6580
Email Me
Sepehr Safaee  YourOttawaRealEstate.com

Sepehr Safaee YourOttawaRealEstate.com

Sales Representative

Sutton Group - Ottawa Realty, Brokerage

Mobile:
(613) 769-9302
Office:
(613) 254-6580
Email Me

Sepehr Safaee YourOttawaRealEstate.com's blog

Ottawa real estate holds on while other cities slump, report says

 

Real-estate markets all over the country are slumping, except Ottawa’s, a report from the Real Estate Investment Network says.

Major real-estate markets are in the beginning to the middle of a slump, says the organization that advises investors.

 

How the portrait of a first-time homebuyer has changed since the stress test

The mortgage stress test, extended to uninsured mortgages in January 2018, has generated a diversity of opinions. Its proponents argue that the stress test has introduced financial discipline while not hurting prospective homebuyers. The discontents believe that the stress test has eroded the affordability of first-time homebuyers, some of whom have been forced to rent for more extended periods.

ok

ok

How the portrait of a first-time homebuyer has changed since the stress test

One in four buyers say they had to cut back on expenses, rely more on savings and buy a smaller home.

How the portrait of a first-time homebuyer has changed since the stress test

One in four buyers say they had to cut back on expenses, rely more on savings and buy a smaller home.

 

8 Ways to Incorporate Your Passions Into Your Home Decor

Your home reflects who you are, and you’re way more than a selection of tasteful paint and furniture. Why not celebrate your passions by incorporating them into your decorating? When your talents, skills, and hobbies are on display as a natural part of your decor, you feel more inspired and more at home.

Could you use the new first-time buyers incentive?

 

The First-Time Home Buyer’s Incentive – the federal government’s much-debated mortgage equity sharing program – went into effect Sept. 2. It’s designed to reduce monthly mortgage costs by boosting qualified buyers’ down payments with an interest-free cash infusion from Canada Mortgage and Housing Corp. (CMHC) (five per cent for resale homes and five per cent or 10 per cent for new builds).

Everything you need to know about down payments!

 

For many, saving for a down payment is one of the biggest roadblocks to becoming a homeowner. In today’s economic climate, saving money is challenging to say the least. Every month we try to put something away despite our normal expenses and it still seems like there is always something that will pop up and eat into our savings. Many people believe, “Real estate prices are so high that I will never be able to save 20 per cent, so I will never own a home”.

Mortgage stress test rules get more lenient for first time.

 

For the first time since the government implemented new stress test rules on Canadian home loans, the bar has been lowered — meaning a would-be homebuyer could be approved for a bigger mortgage today than they would have yesterday.

10 Things You Need to Do When Buying A Home

 

 

Everything you need to know about buying a home — on one index card.

A home is often the biggest financial investment you’ll make in your lifetime. In fact, a recent Zillow analysisreports that the typical American homeowner has 40% of their wealth tied up in their home.

Syndicate content

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.yourottawarealestate.com. You may unsubscribe at any time.