Cliff Peskin BuzzBuzzHome Nov 30, 2010 Colombia has coffee, Canada has condos. Condos here are like a commodity. For buyers, sellers and market spectators there are some interesting stats compiled by RBC in its report, “Housing Trends and Affordability“. The report gives a look at condo appreciation in six Canadian cities from third quarter 2009 to third quarter 2010 . Here’s the list – in order of lowest to highest… Edmonton avg price: $190,000 Y/Y % Change: -4.1%) Edmonton wins … Read More
Kiyoko Fujimura Buzzbuzzhome Corp. The last day of Movember, 2011 So real estate is a pretty big deal. I mean, it accounts for quite a bit of our economy. In the US, according to CBC News, it accounts for 20 per cent of the economic activity. That’s a pretty big proportion. And we have programs that prepare students for trading stocks and bonds that grant degrees– so why not have one for real estate? That’s what Halifax developer Richard Homburg … Read More
BuzzBuzzHome Corp. November 30, 2010 If you’re looking for English Georgian style townhomes in the Lawrence Park neighbourhood, look no further! Blending in seamlessly with the surrounding established stately manors, Canterbury Lawrence Park [map] is giving its neighbours a run for their money. Think sparkling new EVERYTHING with a classic, chateau feel that leaves you free from worrying about the troubles you may find with century homes (goodbye re-wiring and drafty window difficulties!) Builder Tribute Communities has picked the fabulous … Read More
Kiyoko Fujimura Buzzbuzzhome Corp. November 29, 2010 If you’re a regular reader of Buzzbuzzhome’s Blog! you know that apparently US retailers are flocking to Canada in these uncertain economic times. But it seems that they’re coming despite, not due to, investment incentives. According to the Globe and Mail: Taxes on commercial property rents in Canada are a “massive” 53 per cent of total income, according to a study by Luxemborg-based tax advisory firm Taxand. That’s 12 per cent higher than … Read More
Kiyoko Fujimura Buzzbuzzhome Corp. November 29, 2010 Canadian home prices have been increasing with no end in sight, much to the chagrin of potential first-time home buyers. But now, it looks like lower prices and low mortgage rates are making homes slightly more affordable in the True North strong and free. The index looks at the carrying cost of a mortgage. In layman’s terms: how much do people have to spend out of their income to own a home? It … Read More
Cliff Peskin BuzzBuzzHome Nov 29, 2010 Mark Zuckerberg has begun a new trend outside the realm of Facebook. Its called renting instead of owning if you’re a rich American. The U.S. just can’t shake its real estate slump and so the wealthy are adjusting. They’re following Zuckerberg’s lead and ditching home ownership for rentals. CNBC describes highly paid banking executive Patrick Lee who sold his Manhattan apartment and moved, along with his wife and child, a few steps away into … Read More
BuzzBuzzHome Corp. November 29, 2010 CHAZ on Charles [map] is kickin‘ it up a notch with their new, just released Limestone Collection of suites. Named for Chaz’s exterior limestone, these sweet suites will overlook the landscaped private courtyard, a green playground in the middle of the city–with water features, gardens, and alfresco dining area with BBQ (woo!). Edenshaw Homes and 45 Charles Ltd. have really lucked out with CHAZ’s location, a stone’s throw from the intersection of Yonge-Bloor in Yorkville, … Read More
BuzzBuzzHome Corp. November 28, 2010 Onyx Condominiums and Lofts [map] are on their final stretch, nearing the finish line for their fall blowout sale. Located in Mississauga, the fastest growing city centre in the GTA, Onyx is steps away from shopping at Square One mall, cultural delights at the Living Arts Centre, and has easy access to the GO Train. Developer Davies Smith Developments is inviting you to check out Onyx’s presentation centre, and to take part in the current … Read More
Kiyoko FujimuraBuzzbuzzhome Corp.November 27, 2010 Home buyers have a lot of stuff to worry about when looking for a new home. But one thing that might slip my mind– was this house a grow-op? It may sound ridiculous. I mean, how likely is it that your prospective home was used for the growth of illicit substances? According to the Ottawa Citizen: Royal LePage agent Patricia Verge says Ottawa has 400 to 500 active grow-ops at any given time. She says … Read More
Buzzbuzzhome Corp. November 26, 2010 Are you ready for a busy weekend of residential events? Well, you BETTER be…if you feel like attending that is. Ready, set, GO… 1. The Station by Brandy Lane Homes Registrants Sale: On Saturday from noon til 4 pm at The Station Presentation Theatre and Model Suite, 545 Wilson Ave. Toronto, ON [map] For more information visit www.thestationcodos.com 2. Post House Condominium by Alterra Last Chance at Grand Opening Prices: On Saturday and Sunday from … Read More
