Are there too many condos in Toronto? Real estate wiz Brian Persaud takes on this contentious issue


    The following is a guest post by Brian Persaud, a Toronto based real estate agent, investor, analyst, TV show host, producer and author of the forthcoming book "Investing in Condominiums". He is a provider of Toronto condominium information and a good friend to the folks of BuzzBuzzHome. Read more

    A day at the Beach in November? You better believe it! Beach Club Lofts holding exclusive preview event this weekend [PICS]


    Those temperatures won't be going back up any time soon, so a day at the beach might seem like a "strange" concept at the moment.But it's not too hard to imagine spending a day at the Beach Club Lofts, the boutique residence by Zen Homes that's only Read more

    We're feeling like nobility just looking at these new renderings from The Royal Collection


    When you're searching for homes in a place like King City, we're guessing you might be looking for something with a hint of royalty. Well, this project by Zancor Homes registers pretty high on the royalty scale, so high in fact, that they simply named it The Royal Read more

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    MARKET

    Green building for every resident: Top 10 States for LEED in 2012

    Posted on February 11, 2013 10:35 am | buzzhomeblog Posted in MARKET

    Atlantic Wharf Anton GrasslMaybe it should be called the Green House: Washington, DC once again topped the state rankings for new LEED certifications in 2012.

    The list, released by the US Green Building Council (USGBC), is based on the square footage of LEED space certified per resident, using 2010 US Census data. The figures include commercial and institutional buildings.

    DC boasted 36.97 square feet of LEED space per capita, while Virginia was No. 2 with 3.71 square feet per resident and Colorado was No. 3 with 2.10 square feet.

    The nation’s capital ranks so high compared to the other states because of its limited population in a small area with fewer buildings; the top-10 state with the most LEED certified projects in 2012 was California, at 540. Read more

    US housing starts reach highest level since July 2008

    Posted on January 17, 2013 4:38 pm | buzzhomeblog Posted in MARKET

    construction ranpie

    Bringing up the house: groundbreaking for new US homes sped up in December to its fastest pace in over four years, according to the Commerce Department. Read more

    Skyscraper construction declined in 2012, expected to rise in 2013

    Posted on January 11, 2013 5:44 pm | buzzhomeblog Posted in MARKET

    Skyscrapper construction slowed down in 2012. Image courtesy CTBUH.

    For the first time in six years, the number of skyscrapers built around the world declined in 2012, says the Council on Tall Buildings and Urban Habitat‘s (CTBUH) annual report.

    “Sixty-six buildings taller than 200 meters were completed during 2012, the third most in history, but down from the 82 finished in 2011,” the CTBUH report reads. Read more

    Halfway to full recovery: US new home sales hit 2.5-year high

    Posted on December 27, 2012 5:02 pm | buzzhomeblog Posted in MARKET

    More good housing news to close out the year: Americans bought new homes last month at the fastest pace in more than 2.5 years, according to the Commerce Department.

    In November, the sales of new homes increased 4.4 percent from October, reaching a seasonally adjusted annual rate of 377,000, the highest level since April 2010. The rate that economists consider healthy is 700,000, the Associated Press reported. Read more

    Hawaii is the most expensive state for homes

    Posted on November 29, 2012 6:52 pm | buzzhomeblog Posted in MARKET

    Must be all the pineapple: a four-bedroom, two-bathroom home is more expensive in Hawaii than in any other state in America, according to a new report by Coldwell Banker.

    The average asking price for a family-sized house in the Aloha State is more than $742,000, leaps and bounds over Massachusetts, which snagged the second spot with an average listing price of $489,000. Read more

    Japanese billionaire Mori to spend $1.2B on international real estate

    Posted on November 29, 2012 3:15 pm | buzzhomeblog Posted in MARKET

    Japanese billionaire Akira Mori came to drop $1.2 billion on international real estate and chew bubblegum, and he’s all out of bubblegum.

    Encouraged by the increasing power of Japan’s currency, the 76-year-old owner of real estate holding firm Mori Trust Co. is planning to spend 100 billion yen on office towers and energy-efficient developments in world-class metropolises such as New York, London and Tokyo. This would be Mori’s first investment on a grand scale since the end of Japan’s real estate boom in 2008. Read more

    Most homes in contract in October since 2007, says National Association of Realtors

    Posted on November 29, 2012 11:30 am | buzzhomeblog Posted in MARKET

    Pending home sales in the US rose strongly in October to one of the highest levels since 2007, according to a report released today by the National Association of Realtors.

    The Pending Home Sales Index, based on contract signings, increased to 104.8 this October, a 5.2 percent gain from 99.6 in September and a 13.2 percent gain from 92.6 in October 2011. Read more

    Sea Chair turns plastic “nurdles” into sleek furniture

    Posted on November 26, 2012 3:28 pm | buzzhomeblog Posted in MARKET

    Reclaimed wood tables are all the furnished rage, but reused plastic waste?

    The Sea Chair Project, created by British artists Studio Swine and Kieren Jones, turns small plastic nuggets polluting the ocean into sleek, three-legged chairs with beachy/industrial appeal.

    The project originated as a response to the problem of plastic particles, or “mermaid’s tears,” which accumulate in waterways every year. These nurdles (yes, that’s the technical term) measure about 4 millimeters in diameter and enter the sea through spills and poor storage in factories, combining with other materials to form a pollution soup that doesn’t sink and takes thousands of years to degrade. Read more

    These 220-square-foot San Francisco micro-units won’t cramp your style

    Posted on November 22, 2012 12:52 pm | buzzhomeblog Posted in MARKET

    Looks like San Francisco housing is getting really cozy.

    The city Board of Supervisors tentatively approved this week a tryout for 220-square-foot micro-apartments — that’s tinier than New York’s proposed 275-square-foot micro-units — pending approval from the mayor next month. The trial OKs a total of 375 units, each with a minimum of 150 square feet of “living space,” a bathroom and kitchen (the kitchen can be included in the living area). The current law mandates 220 square feet of pure living space for new developments. Read more

    Build it up: New home construction strikes 4-year high

    Posted on November 20, 2012 12:38 pm | buzzhomeblog Posted in MARKET

    New home construction rose in October to the highest rate in four years, another sign of the US housing market recovery.

    Housing starts increased 3.6 percent from September to October to a seasonally adjusted annual rate of 894,000, the highest since July 2008, the US Department of Commerce reported today. Residential starts are up 41.9 percent from the same month last year. Read more

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