Justin Ott @JustinOttRealty
Abbotsford Realtor with a unique talent stack, uncovering hidden gems, and bringing value to clients. linktr.ee/just1nott Abbotsford, British Columbia Joined March 2021-
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🏡✨ 206 2068 Sandalwood Crescent Abbotsford hitting MLS tomorrow. 2 bed, 2 bath inside corner unit! 🌟 From unique features to prime location, this condo has it all. 🌞 New Heat Pump/AC: Stay cool all summer long with a brand new Heat Pump/AC unit. myre.io/0ukQdXqlAdDr
Shocking eh @scoopercooper
NEW 2BR Condo LISTING- 206 2068 Sandalwood Cres Abbotsford youtu.be/7pHsTbUgGZg?si… via @YouTube
Housing market seems to have turned a few weeks ago. Pretty slow for April in what is usually prime spring selling season. Rate cut optimism fading…
Check out my latest article: Latest Update -March Abbotsford Housing Market Trends linkedin.com/pulse/latest-u… via @LinkedIn
New 2br #condo listing in #Abbotsford going live on MLS today, check it out: ottlistings.com/details?mls=0
For those following along at home, the mortgage renewal wall in Canada peaks in 2026. @WOWA_Canada
Discover the perfect blend of comfort and convenience in this fantastic 2 bedroom and den condo situated in the sought-after Sterling building. ottlistings.com/details?mls=0 #justlisted #abbotsford #Newlisting #condo
Going Live on MLS tomorrow: 2068 Sandalwood Crescent Unit 209 ottlistings.com/property/0-291… #newlistings #vanre #bcrealestate #abbotsford #condoliving #fraservalley
Check out my latest article: Abbotsford RE March Update linkedin.com/pulse/abbotsfo… via @LinkedIn
Check out my latest article: 7 Essential Steps to Prepare Your Home for a Successful Spring Listing in Abbotsford linkedin.com/pulse/7-essent… via @LinkedIn
Wait until the new BC Building code is unveiled next month. Another increase to the cost of construction, which I’m told won’t be insignificant. Housing affordability will remain illusive.
Most newly listed detached houses in Vancouver now have an offer date attached to them. Interpret as you wish.
Check out my latest article: January 2024 Abbotsford Housing Market Update. linkedin.com/pulse/january-… via @LinkedIn
Market is in cycles. -> Starts with Low inventory/Low number of quality listings (Jan) -> Buyer confidence slowly trickles back/talks of bidding wars (Jan-Feb) -> Sellers hear this, now they want to sell (March-April) -> Listings accumulate/lots of options (late spring) ->…
Shelter inflation remains the largest contributor to inflation adding a full percentage point to CPI. The housing shortage being stoked by excessive immigration pushed rents up 7.7% and mortgage interest costs by 28.6%.
National Bank of Canada states we have entered the first “population trap” in modern history. nbc.ca/content/dam/bn…
Check out my latest article: Abbotsford Housing Price Update linkedin.com/pulse/abbotsfo… via @LinkedIn
Over the last 24 months, we’ve added 954,241 new households across Canada but only 399,000 new homes were completed. Per @RobMcLister Policy makers are failing Canadians.
Its money storage in Canadian RE & it's ONLY perfectly safe if the title of the property is with a recent Canadian citizen or, most often a Permanent Resident Let's say you're a Multi-Millionaire in a country that's a Totalitarian Dictatorship & don't trust that government 3/
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Housing market seems to have turned a few weeks ago. Pretty slow for April in what is usually prime spring selling season. Rate cut optimism fading…
Warren Buffett’s tribute to Charlie Munger as the architect of Berkshire Hathaway.
The Prime Minister of Hungary has given women a lifetime 0% personal income tax exemption if they give birth to and raise at least 4 children. That is a very quick way to incentivize a nation to have more children. (h/t @Geiger_Capital)
Most newly listed detached houses in Vancouver now have an offer date attached to them. Interpret as you wish.
All my dad friends with 10-18 year old sons can’t get them to do anything with them. Want to go camping? Nope. Want to go on a hike? Nope. Want to ride bikes? Nope. Want a girlfriend? Nope. Want to get your license? Nope. They’re all addicted to video games.
Former Lululemon CEO, happy seller today...
Wow 297 showings in one week on the underpriced house in Mississauga listed at $750k. And so far 85 offers 😳 Ask the buyers why? “No available decent homes for sale” Houses over 1.5mil not getting this level of activity. Nor are condos. And even with the 85 offers it will…
Shelter inflation remains the largest contributor to inflation adding a full percentage point to CPI. The housing shortage being stoked by excessive immigration pushed rents up 7.7% and mortgage interest costs by 28.6%.
National Bank of Canada states we have entered the first “population trap” in modern history. nbc.ca/content/dam/bn…
Buyers either not finding the right home or not seeing eye to eye on price with sellers. Many listings not selling. Especially condos. Sitting for months. Even rentals right now very slow. The year has def not started with a bang. Let’s see what the next weeks bring.
We are interviewing @DoombergT tomorrow. Any burning questions as it pertains to Canadian energy?
One of the most important skills to hone in the coming years will be the ability to concentrate for long periods of time. This skill will only get more valuable as the world becomes better at triggering your dopamine release.
Over the last 24 months, we’ve added 954,241 new households across Canada but only 399,000 new homes were completed. Per @RobMcLister Policy makers are failing Canadians.
Canada's Housing Foreign Buyer Ban: Pointless Political Theater I posted this was a waste of time when the policy was announced let's review: It's NOT about Foreign Buyers It's about Foreign MONEY And there's likely $400B already here stored with Permanent Residents 2/
Merry Christmas, and good luck Team Canada in tomorrow's game!
Discussed BC’s massive rezoning changes and how they will impact the market with @daniel_foch and @mybuddynick89. podcasts.apple.com/ca/podcast/the…
Mortgage Rates Keep Coming Down 4.99% Five Year Fixed CONVENTIONAL Mortgages Major Bank Must be over $800K but no other restrictions, not CMHC, available for Refinance or Purchase for well qualified borrowers Mortgages under $800K 5.09% And likely better in the New Year
I think about 85-90% of current inventory is over priced & has been sitting for 30-90+ days. Sellers won’t budge on price. Most of the inventory that was priced right already sold. We still have a few active buyers, most though are holding off until the new year. This is…
@MikeKlassen Mike our population is growing by 1.2M NET. I am a bit concerned our policy makers don’t know these numbers…
Just a reminder that we’re adding 1.2 million people this year and only 220k new homes. At this rate there won’t be a middle class by the end of the decade. Total policy disaster.
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