condo

/Tag: condo

April 2016

March 2016

Facts By Email #13 – Federal Housing Budget? Is It To Laugh (Or Cry)

By |2016-03-26T23:02:32+00:00March 26th, 2016|Facts By Email|

QUESTIONS, QUESTIONS VICTORIA SIZZLES SALES DOWN OR FLAT IN 16 OF 28 CANADIAN CITIES FOUR STEPS TO LIQUIDATING A STRATA CORP. WESTWARD HO FOR U.S. HOME BUYERS WHY WE LOVE LIPSTICK COMMENT: WE HAVE NEVER HAD IT SO GOOD

Facts By Email #12 – Land Rush Conference: In The Eye Of Canada’s Housing Hurricane

By |2016-03-21T10:01:28+00:00March 20th, 2016|Facts By Email|

SEATTLE NOW AS HOT AS VANCOUVER? ARE YOU PLAYING WITH THE "HOUSE’S" MONEY? LAND RUSH: IN THE EYE OF CANADA’S HOUSING HURRICANE LANDLORDS SEE GREEN IN IRISH HOUSING RECOVERY CHINA NOW 42% OF FOREIGN REAL ESTATE INVESTORS IN CANADA BANKS DON’T WANT THE RISK; LEAVE THAT TO THE PUBLIC U.S. SHARKS SHORTING BOARDWALK EAST VAN CONDO: 5% DOWN AND A 27% EQUITY RETURN CLOSE UP: KITSILANO RENTAL APARTMENT MARKET REALTORS REPORT FROM DAWSON CREEK

Facts By Email #11 – A wild ride hit the Fraser Valley

By |2016-03-13T14:09:43+00:00March 13th, 2016|Facts By Email|

SINGLE FAMILY SOARED ... VANCOUVER CONDOS ARE NEXT LOWER MAINLAND COMMERCIAL REAL ESTATE LAND, RENTAL APARTMENTS DOMINATE MARKET SO, LET'S PENCIL THIS OUT FOR A NEW SURREY CONDO FLIPPERS TAKE NOTE: HOUSES PROBABLY MAKE MORE THAN YOU DO 10,000 VACANT HOUSES IN VANCOUVER: NOT MUCH CHANGE IN FIVE YEARS BETTING ON LAS VEGAS: GOOD, BAD AND UGLY ALBERTA: GREY HAIR BEATS OIL PRICES

Many strata councils are  voting “no tenants allowed”

By |2016-03-12T14:22:59+00:00March 12th, 2016|Hot Tip|

You are reducing the value of your condo! When time comes to sell you take out about 50% of the buyers that want to buy for investment.

Many condo councils are voting out tenants (you then can only rent to family members) and yes they can do that!

The idea seems to be that tenants are problems.

Actually there are countless owner run stratas in Vancouver that have a multitude of problems.

  1. Owners that live there can be picky, don’t like each other and fight like cats and dogs
  2. well run tenant building is almost  always better than an owner occupied building
  3. Owners that hire a professional (!) management company for the selection […]

Facts By Email #10 – Outlier Coast Markets: Ok, This Time It’s For Real

By |2016-03-07T19:39:42+00:00March 7th, 2016|Facts By Email|

LANDRUSH IS COMING UP FAST – landrushcanada.com HAMILTON AS AFFORDABLE AS SINGAPORE? DISMANTLING DUMB DATA THAT MEDIA TAKES AS FACT YOU CAN’T NEGOTIATE A STOCK PRICE - AND 4 OTHER REASONS TO INVEST IN REAL ESTATE KNOW THAT STRUGGLING RETAIL STRIP DOWN THE STREET? BUY IT BIDDING WARS SURPRISE NEW WESTMINSTER - OLD HOUSE SOLD FOR $710,000 OVER LIST SASKATCHEWAN’S FARMLAND RESTRICTIONS IN EFFECT

Foreclosure in Surrey

By |2016-03-05T13:17:23+00:00March 5th, 2016|Hot Property|

1. Gilbert, Phoenix 3 bed, 2 bath, 2 car garage, 1400 sq ft. new appliances, freshly painted inside and out. Large lot, nice pool.

Nice neighbourhood with top rated schools. Close to shopping & Hwy 60 and Loop 202. Good tenants in place. Rented for $1250 / Price: $215,000. More info

2. Foreclosure in Surrey at Glencoe Estates 1550 sq ft, 3 bedrooms, 3 baths, pet and rental friendly, indoor pool, close to bus and shopping, solid complex. $216,900.00.

(Recent sale – January 2016 for $286,000.00 in 12 days)

3. Nanaimo 3 bedroom home, renovated roof and bath, lane access $209,000

 

DISCLAIMER: View any posting on this website with the understanding that […]

February 2016

Hong Kong is Crashing?

By |2016-02-29T10:25:28+00:00February 29th, 2016|Hot Tip|

A sharp reversal in Hong Kong home sales. Condos down 20%. Some panic selling (South China Morning Post).

Further, the local Centaline Property Agency estimates that total Hong Kong property transactions in January were the worst month since 1991, when it started compiling monthly figures. In other words, the biggest drop in recorded history!

A sale of a big condo project site in Hong Kong last week shows what is going on. The site sold for HK$1,848 per square foot (that is around $328 per square foot Canadian).

“I think most surveyors dropped their eye glasses after reading the sales outcome,” Victor Lai Kin-fai, chief executive of consultancy Centaline Professionals of HK […]

Facts By Email #9 – BREXIT Means More People Coming Here

By |2016-03-07T19:25:10+00:00February 28th, 2016|Facts By Email|

VICTORIA STARTING TO BURN FRONTLINE DISPATCHES FROM THE MOTHER OF ALL HOUSING BOOMS NEW PRICE RECORD SET FOR 33' LOT IN KITSILANO FOREIGN BUYER MISCUE SHOWS DANGER OF FAST MARKET NEW $740,000 CONDOS NOW "AFFORDABLE" VACANT OFFICE TOWERS SHOW LOCATION NOT ENOUGH VANCOUVER FLIPPERS: HAVE YOUR MORTGAGE BROKER ON SPEED DIAL U.S. HOME BUYERS UNDERESTIMATE EQUITY BUYING WITH A TENANT ALREADY IN PLACE