by Nick Bachusky | Nov 8, 2014 | CMHC, First Time Homebuying, Mortgage Trends
CMHC just released their latest edition of Ottawa’s Housing Market Outlook and I will summarize what I feel are a few key points and interesting trends. CMHC is not just your government mortgage default insurance lender but an organization that gathers much of...
by Nick Bachusky | Sep 29, 2014 | Condominums, Ottawa Development
So this is a first for Ottawa. A micro condo going up with only one bedroom units starting at 315 square feet, going up to a two bedroom unit at 586 square feet. Many of the photos here show the standard fixtures that come in every unit. This condo will be located at...
by Nick Bachusky | Sep 25, 2014 | Closing Costs, First Time Homebuying, Mortgage Trends, Real Estate Investing, Taxes
This is a very interesting article written by one of Ottawa’s most trusted realtors, Ryan Jones, who I have the pleasure of working with. I thought that we should have more people know about this potential reality because it could really impact their...
by Nick Bachusky | Aug 22, 2014 | First Time Homebuying
The other day on Reddit, a 28 year old prospective new first-time home buyer asked the people of the Internet to help him figure out what past first-time home buyers might have overlooked, here are some of the comments that I think could help you: ...
by Nick Bachusky | Aug 15, 2014 | Condominums, Uncategorized
I recently had the privilege of attending a preview for the newest boutique bistro open at 101 Richmond Road across from the soon to be completed Q West condos. I am just so happy that there is a local owner, not just national chains in the bottom of the condos...
by Nick Bachusky | Aug 5, 2014 | Closing Costs, First Time Homebuying, Mortgage Trends
I just wanted to take this great article from Rob Carrick, financial writer with the Globe and Mail and make it more focused to people in Ottawa looking for advice for saving for their down payment. The original article can be read HERE. We will go through 9 tips on...
by Nick Bachusky | Jun 11, 2014 | Lunch Out Loud Ottawa
[spreaker type=standard width=100% autoplay=false episode_id=4573957] The music we feature this week is from the Ottawa group The Musettes. There new EP “Wanderlust” will be launched on June 21st, 2014. I highly recommend you go check them...
by Nick Bachusky | Jun 11, 2014 | Amortization, CMHC, First Time Homebuying, Mortgage Trends, Real Estate Investing, Refinancing
In March and April 2014, CMHC completed an online survey of 3,584 recent mortgage consumers, all prime household decision-makers who had undertaken a mortgage transaction in the past 12 months. Fifty-five percent had undergone a mortgage renewal, 22% had refinanced...