Archive for December, 2008

Sellers, Keep it Simple but Smart! Incentives.

December 16th, 2008

In this buyers market it is increasingly important for Sellers to find innovative ways to attract Buyers. This doe snot need to be complicated such as giving a way a free car, or holidays etc. People see through that and in the end of the day they know they are paying for it anyway.
It still [...]

Shoddy Construction at New Harlem Condos!

December 15th, 2008

Well I can’t say I know much about condos in Harlem, but came across this interesting article about a new development and the developer that may be of interest to anyone looking to buy in Harlem.
Hope you find it useful!   Read article here

Vidoes now on Condo Advisory

December 14th, 2008

We are very excited to announce that we now feature vidoes of many condos on condoadvisory.com now. The numbers keep growing so check back often to see if any of your favorite buildings have vidoes. Even better, if you have any great videos you can upload them to the site.
We feel this adds greatly to [...]

Governments and the Rental Markets

December 14th, 2008

Why is it that the government is always discouraging people from being in business, taking initiative etc.
In the case of rental housing, looks like the city wants to tell property owners that if they evict a tenant to make improvements they must let them re-occupy once the improvements are done at the same rent. OK, [...]

Projects Still Starting South of the Border!

December 13th, 2008

Seems that no matter where you go the issues are the same, funny how that works. South of the border in Vancouver Washington there is a massive multi-family (among other components) development being planned in one of the worst economic times.
I know most people probably wonder why this would be on the table right now. [...]

Millennium Developments, Let’s Make a Deal!

December 12th, 2008

Looks like building is not the only thing Millennium is good at. Making deals with politicians and cities seems to be something that comes easy for them.
Of course I am not acutely aware of the dealings that brought about these deals, so all I can really do is point out the fact that they seem [...]

Buyers Seem to be Itching to Get Back Into The Market!

December 11th, 2008

Seems that the lowering prices and interest rates are getting some buyers excited again about getting into the market. This may not mean that starting tomorrow there will be a flood of new buyers again, but I think it is likely that early in 2009 we will see buyers coming back to the table again.
As [...]

Demand For Condos to Remain Higher Than Houses

December 10th, 2008

RBC has come out with an interesting report indicating that although prices have started to come down in the lower Mainland, it still costs almost twice as much to own here as other places in the country. The one exception seems to be condo which are at about 70% higher than other places.
Now 70% is [...]

Condo Sellers, Supply Will Come Down!

December 9th, 2008

I don’t think this is any surprise, but recent number show that housing starts are down significantly and the condo market is leading the way.
This means a few things for sellers out there. First of all this is the beginning of tougher times to come as there is an obvious change in demand and economic [...]

Correction, “Olympic Village to be Complete in 10 Months???”….

December 8th, 2008

In response to a readers comment on my post from yesterday regarding the Olympic Village and the lack of Windows, I wish to correct/clarify the post.
The reader points out that there are plenty of windows in place and much finishing work being done. In my post I was referencing and article on the CTV.ca site [...]

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