Flip Ottawa

12/23/2025

Happy Christmas and a Super 2026 to everyone! If your plans involve a Fix-n-Flip in the new year, I'd be happy to help out. Even Ottawa winter won't stop me!

09/17/2025

The Bank of Canada dropped the prime rate a quarter point to 2.5%. Good news for homebuyers! Let me know if this news nudges you "over the edge" in making the purchase of the TLC home for a Flip. I can help!

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03/13/2025

Another rate drop from the Bank of Canada! 2.75% prime is step in the right direction for buyers and housing affordability. Too bad it seems mostly to be a reaction to market uncertainty! However that means an opportunity for the savvy buyer. Once the storm blows over there may be a superb upside for the Flipper with a renovated TLC home!

01/30/2025

The Bank of Canada dropped prime rates to 3%. Good news for Flippers looking to purchase a TLC home to renovate and re-sell. Contact us for a free list of Ottawa bargain homes!

12/11/2024

More good news on the mortgage front with the BOC dropping the prime rate 1/2 point to 3.25%. This is going to make for a busy spring market in Ottawa Real Estate! Good timing to grab that Fix-n-Flip house while prices are still stagnant! Contact me for a list of appropriate homes.

11/21/2024

Interesting to see the prices for Canada's big cities. Ottawa is still half price compared to Vancouver, with Toronto not far behind! Price trends are still downwards, despite lowering interest rates. A good time to buy!

The average salary needed to buy a home keeps inching down in cities across Canada, according to the latest data.

11/11/2024

2025 should be a good market for sellers!

Data shows 36% of listings in Ontario were cancelled in September, well above the historical average, according to economist Darren King.

10/23/2024

Great News!!!!

The Bank of Canada has announced a decrease in the overnight rate by 50 basis points to 3.75% and the bank prime rate will decrease to 5.95%.

Not a bad idea to check out the market while prices remain static, but affordability has increased!

09/24/2024

It's the perfect time for a "Fix-n-Flip"! Prices have dropped from 2022, and remain static year-over-year. So your TLC project house is more affordable to purchase currently, and the lowering rates make it easier to carry whilst renovating. The market is bound to change for the better sooner than later with lowering interest rates driving demand, and prices. Once renovated, your project home should sell quickly and for good money. Feel free to contact me to receive your list.

09/06/2024

The Bank of Canada has dropped the prime lending rate to 4.25%. Good news for buyers as the banks drop their mortgage rates to more affordable levels. Contact me to learn more!