Wanna Dance?
As I stand back and look at Ottawa housing market canvass, I see the recession effect is that of a time shift. Demand is there, it's just laying low as people sort through the economic news and how it affects them. Even as severe as these times are, life for most goes on pretty much as always. Once fears subside, that demand will swell up, creating a healthy balanced market for the spring season, and presenting opportunities for both buyers and sellers. I speak with people every day who are making plans for a housing transition. With the stability enjoyed in Ottawa, it's easy to see why. Inflation is at 1.1%, a 5 year mortgage goes for under 4.5%, and prices will not fluctuate; in fact they may rise. Wealth building through Real Estate, many believe, will be the soundest financial strategy for many years to come. Did I mention all this comes with the enjoyment of new surroundings! So get out there and do your happy dance!! Oh, and I'll be your dance partner!