Episode 217

full
Published on:

7th May 2025

Why Ottawa's Real Estate Market is Freezing Over

Why Ottawa's Real Estate Market is Freezing Over

In this week’s episode of the Ottawa Real Estate Podcast, we sit down with Paul Czan, Real Estate Broker and President of the Ottawa Real Estate Board, to unpack the shifting buyer mindset in today’s market. We explore why having a good Realtor changes everything when having a home inspection, what bidding wars actually look like in 2025, and how interest rates are quietly reshaping buyer urgency. Properties are still selling fast when priced right, but buyers are more cautious and calculated than ever. Are we finally seeing a balance between buyer patience and seller confidence? Watch the full episode to get the inside story.

00:00 Introduction and Martini Madness Announcement

02:35 Real Estate Market Overview and Trends with Guest Paul Czan

05:44 Current Buyer and Seller Dynamics

08:07 Lack of Urgency in Real Estate Transactions in Ottawa

09:24 Navigating Inspections and Negotiations

12:12 Home Inspections Gone Wrong

14:05 How a Good Realtor Can Help You Navigate the Inspection Process

16:51 Market Stability and Future Predictions

20:51 Should Mortgage Rates Come Down?

23:23 Rule Changes for a More Transparent Market

26:00 Multiple Offers Situations

29:12 A Great Opportunity for First Time Home Buyers

34:52 Are Realtors Quitting in Ottawa?

37:55 Closing Thoughts and Mood Boosts

Buy your tickets for Martini Madness: https://www.martinimadness.ca


Get in touch with us!


Paul Stevenson - Mortgage Agent Level 2 

CENTUM Financial Services LP

Email: paul@paulstevenson.ca

Phone: 1-613-263-4543

https://www.paulstevenson.ca


David Warren - Mortgage Agent Level 2 

Referral Mortgages

Email: david@referralmortgages.com

Phone: 1-613-686-6003 

https://www.referralmortgages.com


Paul Czan - Real Estate Broker

https://pcre-group.ca/

Email: paul@pcre-group.ca

Instagram: @paulczan.realestategroup


If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@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, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

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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!
Welcome to The Ottawa Real Estate Podcast (TOREP)! Hosted by seasoned Mortgage Agents Paul Stevenson and David Warren, who have been bringing the Ottawa real estate market to life with the podcast for over four years. Whether you’re buying, selling, investing, or just curious, we’re here to share insider tips, untold stories, and plenty of laughs along the way.

To our loyal listeners—thank you for your support and for being part of our journey. And to our new listeners—welcome! We’re excited to have you join the conversation. Hit play, stay tuned, and let’s explore the world of real estate together! 🎉

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.