OWNING A HOME IS MORE THAN JUST AN INVESTMENT
Posted on Jan 30, 2023 in Buying or Selling in Ottawa
THE EMOTIONAL AND NON-FINANCIAL BENEFITS OF OWNING VS RENTING
With higher mortgage interest rates in Canada, I have no doubt you are questioning whether or not this is the best time to buy a home. Of course the finances are a huge part of the equation, but there are also important other reasons you want to own vs rent. Some of these benefits are:
Own...
WHY DOES HOME INVENTORY MATTER IN OTTAWA?
Posted on Jan 30, 2023 in Buying or Selling in Ottawa
HOUSING SUPPLY OR HOME INVENTORY EXPLAINED FOR THE OTTAWA REAL ESTATE MARKET
Photo by Paul Brennan from Pixabay
At the end of December, we in Ottawa had 4.4 months of resale housing inventory on the real estate market. Let’s break down that 4.4 months measure:
This number tells us how many months it would take for all the current homes for sale on th...