A Blog For Condo Buyers and Sellers
It is nice to see that the big guys do not always win.
The developers of the Westin Grand have been found liable for providing unreasonable financial projections to investors when they sold the project back in 1999. You may recognize the name of one of the developers, “Cressy” For more information read the Vancouver Sun [...]
I guess not. It looks like the government has reached some sort of deal to obtain compensation for leaky schools. Exactly who that compensation is coming from we don’t know, not to mention any other details about this deal.
On the surface I really don’t see any problem with this, if the government owns the schools [...]
OK, this is not quite true, but looks like it has some truth to it. Over the past 6 months developers have started numerous projects while not expediting developments that are already under construction. This doe snot seem to make much sense but what ever does.
In a market like this you would think that the [...]
OK, This is a departure from what I usually talk about, but why not.
Buying a condo is just the first step, then you have to make it your own. Many people have trouble knowing how to work with the space they have, as well as how to do it with a budget.
As most of us [...]
Photo Courtesy of: atomicjeep
Well it seems that the problems we have seen with some of the developers here in the lower mainland, and other places in Canada and North America are not isolated occurrences.
In the once development thriving Dubai, there seem to be numerous developers who are stalling on projects while continuing to collect deposits [...]
In short, Yes it does work. As with anything people always like to feel like they have gotten something for nothing, so the same applies here.
If you are selling your condo and you offer a decorating allowance of $5000, or a flooring allowance of $5000, etc. Buyers will feel like they have gotten new flooring [...]
Photo Courtesy of:someToast
You know how you feel when you score that perfect parking spot in front of the store or restaurant. Well for many condo buyers it is the same thing when they purchase a condo and the spot they get is right by the elevator, or the entrance etc.
Whatever the case is, it is [...]
Photo Courtesy of:thingermejig”
With the environment being on everyone’s mind, and condo ownership rising in most major cities, more should be done to make it easier for residents to recycle, or maybe people just need to step up! With the numbers living in condos, this could go a long way to helping the environment.
Any ideas on [...]
Photo Courtesy of: thivierr
OK, Maybe I am stretching this a bit, but there is some truth to it.
Today more and more cities are looking to reducing Urban Sprawl, and Vancouver is a great model for that. With development planned around sky train stations, Vancouver had managed to create self sustaining pockets of condos and services [...]
Photo Courtesy of:veggiefrog
Another look at the state of the condo market, this time form an Eastern Perspective. Financial Post Article “Consumers nervous about buying condominiums” talks about the development situation in Toronto.
Although the article focuses on Toronto, the situation is similar across the country.
Although developers large and small both make a case for the fact [...]
