Hello, Sunshine & Sold Signs

March 2025 Release

Author

Katherine Cabrera
March 25, 2025 • Estimated Reading Time: 8 minutes

Hello Beautiful People!

We’re about to close out the first quarter of the year, and spring is right around the corner! The other day, as I was stepping out, I heard birds chirping—happy, confident, and full of life. It actually made me pause, I stood still and listened. There’s something about the change of seasons that always gets me. It’s subtle, but it stirs something fresh—a little lift, a little momentum.

As the weather warms up, colour returns—on the trees, in our routines, and yes, in the market. The pavers are out, roofers are busy, and real estate sellers are getting ready. Spring doesn’t tiptoe—it shows up with a clipboard and a to-do list.

Oh—and a gentle reminder: tax season is upon us! You’ve got until April 30th to file. (You’re welcome 😉)

This Month in Real Estate

The Ottawa real estate market is holding steady, even as broader economic conditions continue to shift. According to the Ottawa Real Estate Board, inventory is gradually rising—giving buyers more options and offering sellers a more balanced playing field. It’s still early, but signs of a busy spring market are starting to show.

Meanwhile, the Bank of Canada held its benchmark interest rate at 5% during its March 6 announcement, citing continued inflation pressures. All eyes are now on two upcoming key dates:

  • April 16 – Interest Rate Announcement + Monetary Policy Report

  • June 4 – Interest Rate Announcement

Rising economic tensions between Canada and the U.S.—particularly around trade and investment uncertainty—have some economists warning of possible market ripple effects. These external pressures could slow rate cuts or stir caution in investor-driven segments. Read more via BBC News 

👉 Are you feeling optimistic or cautious about the market right now? I'd love to hear your take—send me a quick message [email protected]

What You Need to Know: Understanding Mortgages

Getting familiar with the mortgage process is a key part of any real estate journey. A solid understanding of the basics helps you make confident, informed decisions—especially when it's time to buy or refinance.

What Is a Mortgage?

A mortgage is a loan from a lender—like a bank or credit union—that helps you buy a home. Most people don’t have the full purchase price upfront, so a mortgage covers the rest. You’ll repay it in monthly instalments over 15 to 30 years, including both the loan amount (principal) and the interest.

What Is an Interest Rate?

Your interest rate is the cost of borrowing money. It’s shown as a percentage and determines how much you’ll pay in interest on top of your loan.

There are two common types:

  • Fixed Rate – Stays the same for the term (e.g. 5 years); offers predictability and stability.

  • Variable Rate – Can fluctuate with the Bank of Canada’s prime rate; may start lower but carries more risk.

Why It Matters

The interest rate you choose impacts your monthly payments and the total cost of your mortgage. Even a small difference in rates can add up to thousands of dollars over time—so it's worth comparing options carefully.

Want to see what your monthly payment might look like? Try tools like CMHC or Ratehub.ca to estimate different scenarios.

👉 Thinking about buying or refinancing this year? Let’s book a quick chat and explore your options together, CALL 613-794-9199

I can also connect you with a trusted mortgage professional who’ll help you run the numbers and find the right fit—no pressure, just good advice.

📍 63 Whitcomb Crescent, Smiths Falls, ON

🛏️ 3 Beds | 🛁 3 Baths | END-Unit Townhome

MLS: X11997569, Listed by BENNETT PROPERTY SHOP REALTY, BROKERAGE

Looking for more space without the city stress? This stylish end-unit townhome in Smiths Falls delivers comfort, convenience, and community charm. With 3 bedrooms, 3 bathrooms, and a modern layout, it's the ideal home for first-time buyers, families, or investors seeking strong value outside the city.

Top Local Amenities

  • Real Canadian Superstore – 4 min drive

  • Chimo Elementary School & SFDCI – 3–5 min drive

  • Settlers Ridge Centre (Walmart, Starbucks, LCBO) – 6 min drive

  • Lower Reach Park & Rideau Canal Trail – 8 min drive

  • Perth & Smiths Falls District Hospital – 10 min drive

Commuting to Ottawa? You’re just ~1 hour (75 km) to downtown Ottawa via Highway 15 or Highway 7. Ideal for hybrid workers or weekend city-goers!

Curious about the community? View the full neighbourhood report.

📞 Want to schedule a personal viewing? Book a call today!

Kat’s Community: Meet, Network, Grow!

Exciting news! Business Network Ottawa has officially grown to 164 members—and the momentum is only building. We’re creating a dynamic space where local entrepreneurs, service providers, and professionals come together to support, connect, and collaborate.

This is your opportunity to meet like-minded people, exchange referrals, and grow your presence in Ottawa’s thriving business community. Meaningful connections often start with a simple hello—so come stop by!

Speed Networking Event

  • 📅 Monday, March 31, 2025

  • 🕕 6:00 PM – 8:00 PM

  • 📍 Happy Goat Coffee Co. – 2140 Baseline Road, Ottawa, ON

  • 🎟️ REGISTER NOW!

Come for the coffee, stay for the connections. Let’s grow together!

✨ Ready to grow your business? Join Business Network Ottawa today and be part of a community that’s making things happen!

To learn more, email [email protected] and SUBSCRIBE to Kat’s Daily Realty Newsletter!

Ottawa Event Radar

Indie theatre at its finest—featuring the best of past Fringe performances returning for a limited run. Support local artists and catch something unexpected!

  • 🎭 Ottawa Fringe Encore

  • 🗓️ March 28 – April 5, 2025

  • 📍 Arts Court Theatre, 2 Daly Avenue, Ottawa

The city’s most colourful tradition is right around the corner. Get ready for floral magic, photo ops, and community events throughout the month as we gear up.

Celebrate female entrepreneurs with a power-packed networking brunch, inspirational speakers, and a room full of unstoppable energy.

  • 💃 Women in Business Brunch – SheShines Ottawa

  • 🗓️ March 30, 2025 (Sunday) | ⏰ 10:00 AM – 2:00 PM

  • 📍 Lago Bar & Grill, 1001 Queen Elizabeth Dr, Ottawa

Got a favourite local event, pop-up, or community cause you'd like to spotlight?

DM me—I’d love to feature it next month!

Get Social with Kat

Follow along, connect, and let me be your guide to achieving your real estate goals. Have questions? Send me a DM, book a free consultation, or simply stop by the links below:

Spring: a lovely reminder of how beautiful change can truly be.

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This season reminds me why I love this work—helping people embrace new beginnings, one home at a time. Let’s make this your season of growth.

🌷 Until next month...

Keep dreaming big, loving local, and trusting the journey. As always, I’m just one message away.

With gratitude,

📞 Katherine Cabrera | 613-794-9199

📩 Email Me | [email protected]

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