Episode 195

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Published on:

23rd Oct 2024

The Ottawa Real Estate Podcast - October 23rd 2024

In this episode of the Ottawa Real Estate Podcast, hosts Greg Campbell and David Warren cover a range of critical topics for home buyers and investors. They discuss the nuances of obtaining home insurance for properties with wood stoves, fireplaces, and Poly B piping, emphasizing the importance of wet certificates. The episode also dives into significant shifts in Canada's real estate market, with a focus on the dynamics in cities like Toronto, Vancouver, and Ottawa, and includes detailed insights into the Orleans neighborhood. The hosts tackle controversial issues such as the impact of COVID-19 and immigration policies on property pricing, the real estate crisis tied to supply and demand, and debate over the $500K townhouse market. Additionally, they explain the 'Right of First Refusal' in real estate transactions and offer practical tips for buyers and sellers navigating this condition. Predictions for interest rate drops by major banks and their implications are explored, along with the effects of changes in immigration policy and international student enrollment on the housing market.

01:22 The Ottawa Real Estate Podcast Introduction

03:11 Insurance Challenges: Wet Certificates and Poly B Piping

11:34 Market Trends and Buyer Tips

20:03 The Real Estate Market Dynamics

21:35 Canadian Inflation and Rate Cuts

23:40 Impact of Immigration Policies on Real Estate

27:06 Market Stats: Orleans Real Estate Overview

31:13 Understanding Right of First Refusal

36:33 Real Life Scenarios and Advice

39:16 Mood Boosts and Closing Remarks


Get in touch with us!


Paul Stevenson - Mortgage Agent Level 2 

Email: paul@paulstevenson.ca 

Phone: 1-613-263-4543

https://www.paulstevenson.ca 


David Warren - Referral Mortgages 

Email: david@referralmortgages.com 

Phone: 1-613-686-6003

https://www.referralmortgages.com/ 


Greg Campbell - The Campbell Maric Group/EXP Realty 

Email: greg@tcmgrealty.ca 

Phone: 1-613-614-0179

https://www.yourhomeinottawa.ca/ 


If you have a question or topic you'd like to hear us discuss send us an email at: paulgregdave@gmail.com or leave us a comment below! 


New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com 


Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage



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About the Podcast

The Ottawa Real Estate Podcast
A weekly podcast about Real Estate, Mortgages and whatever else we want to talk about!
Dive into the dynamic world of real estate with "The Ottawa Real Estate Podcast" (TOREP), where your hosts, Greg Campbell from The Campbell-Maric Group at EXP Realty, and seasoned Mortgage Agents Paul Stevenson and David Warren, bring the Ottawa property market to life right in your ears. This isn't just another real estate talk; it's an engaging journey through the highs and lows of buying, selling, and investing, peppered with insider tips, untold stories, and a generous dose of humour.

About your host

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BIGSTUFF Productions Inc.

BIGSTUFF Productions is a Media, Music Publishing, Record company based out of Ottawa ON, Canada focusing on great talent and lots of fun. Working in partnership with musicians, DJ's and extreme entertainers over the years, the move to podcasting has helped transition BSP into the future. Stay tuned for more to come and to hear some great music check out the Facebook page until the website launches Summer 2021.