CondoAdvisory Blog

A proposed North Vancouver Condo Development is looking to use geothermal energy. This is something that is relatively new in residential construction and comes with an initial cost, but long run there are considerable cost savings and environmental savings.
There is one other building I am aware of in Burnaby that uses the same technology. Verdant, [...]

Just in case you had not hear, Sharngri-La in now complete and open. Anyone looking for a $18M Penthouse??
Read More here

BC Elevator Safety Issued a warning regarding non-compliant hoses installed in various elevators in Vancouver area condo buildings. Once discovered corrective action was taken immediately and an investigation into the cause or reason for them being installed is still ongoing. If your Building uses Richmond Elevator as a contractor you may want to enquire with [...]

One of the largest obstacles when selling a condo is what may be contained int the minutes.
With the leaky condo problems we have seen here in BC, every buyers first concern is what if the building is a leaker. One of the main places they are going to look for this information is in [...]

Living Green is not just for those that own condos, it can apply just as easily for those that rent.
I am certainly not an expert in this area, but I did come across and interesting blog post on the topic and thought it may be useful to pass along.
Read it here

Well just another sign that the market is changing, Wall Financial has decided to cancel the development of condos on its False Creek site and instead move ahead with plans for a rental building instead.
They feel that there are enough condos currently to handle to demand out there, so they will add to the rental [...]

Well this really is not a surprise, but it is just something that we have not really seen much of before. A couple in North Vancouver is now involved in a Lawsuit with a developer for not completing on a pre-sale contract. The Developer is going after 7 in total right now. Read full details [...]

Well it about time. First we saw the marketing effort by Onni and MAC Marketing to get condos moving again. As I discussed before, it mostly amounts to them coming back to where current market values are rather than being over market which they have been since the beginning. That seemed to work in an [...]

OK, I was supposed to stop talking about this topic, but I think it is only fair to give Millennium side of the story. As with most things, there are two sides to every story and there is usually some truth to both of them.
I will say that this article makes Millennium look better than [...]

Well yes it is still true that the real estate market is in a turbulent time, but 2009 is underway there does seem to be an increase in the activity as far as Buyers go, condos are selling and buyers are buying.
True prices are still declining, although seems as though the pace has slowed and [...]