• Remax-Condos-Plus
  • 23 September 2010

The whole focus of media today is whether buying a condo is a good investment or not. Since real estate investment has outperformed the stock market in the last ten years, investment gurus have been desperate to down play real estate (vested interest?) and try to outdo each other with predictions of a real estate bubble.

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  • Remax-Condos-Plus
  • 19 September 2010

ROS AND CONS TO SELLING BEFORE REGISTRATION - ASSIGNMENT: 1. The 'first buyer' will save the Land Transfer Tax with a transfer of their 'interest'. 2. The 'first buyer' will usually have to pay either an admin or transfer fee to the developer for the right to transfer their 'interest'.

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  • Remax-Condos-Plus
  • 14 September 2010

 While new condo developments continue to sell out, the buyer mix is changing. Developers think they know their buyers but they don’t! Most buyers for new projects are brought in by real estate agents – they don’t just show up at the new sales centre.

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  • Remax-Condos-Plus
  • 10 September 2010

THERE IS NO SUCH THING AS A ‘NATIONAL’ REAL ESTATE MARKET Economists like to talk about a national market because it makes good media copy. Unfortunately, the last time we checked, housing is not a moveable product. And people don’t move across Canada much either

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  • Remax-Condos-Plus
  • 09 September 2010

On Monday we were saturated in the newspapers and on TV by forecasts of a 10% decline in real estate values which would then be followed by a stagnant real estate market for the next few years. This delivered from the mouths of bank economists.

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