Posts regarding Condo Buyers

Is buying always better than renting?

2010 February 11

Interest rates are still at an all-time low, so naturally you should be telling your landlord goodbye and saying hello to your dream home, right? 

Not so fast, says Trystan Andrews, sales representative with Prudential Town Centre Realty Inc.

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Condo prices up 22.5% in year

2010 February 04

Condominium prices are continuing to increase markedly faster than those for other types of housing, as a resurgent real estate market helps sellers forget the doldrums of early 2009.

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Changing face of Ottawa

2010 January 12

From the greening of suburban communities to the ascent of the urban condo, the past decade has been one of restless change for Ottawa's new homes market. We talked to the experts about some of the major trends since 2000 and asked them to do a little crystal ball gazing about the next 10 years.

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HOUSING BUBBLES UP

2009 November 18

Canadian existing-home prices are now rising at a pace not seen in 20 years, fuelling talk that a bubble may be forming in the market.

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Area realtors scramble for listings

2009 October 06

Fewer than 3,800 resale homes available in sellers' market, and prices on rise

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Home insurance vital protection

2009 September 23

Buying a home is probably the largest single financial investment you have ever made. For most people, their home is their life savings tied up in bricks and mortar -- bricks and mortar that, no matter how well built, are vulnerable to fire, theft and other disasters.

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Canadian home construction surges

2009 September 09

Housing starts across the country jump more than 12 per cent in August, driven by condominium construction

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Resolve to Get Your Home Documents Organized

2009 September 01

As a homeowner, you begin to accumulate all sorts of records and papers the moment you made the offer on your home. Loan documents, inspection reports, title insurance policy, home improvement receipts, appliance warranties are just a few of documents that you may at one time or another need. Would you be readily able to locate these items? Are they filed away or in different junk drawers around the house? Knowing where these items are can save you a lot of time and even money in the long run. 

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Know your spending limit

2009 July 24

Evaluating financial situation crucial to calculating realistic amount of loan

The following is a Q&A with Valerie Rasmussen, assistant vice-president, credit services, for First Calgary Savings.

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Local housing sales robust despite economic slowdown

2009 July 13

Ottawa’s housing sales continue to buck the national trend, posting a third consecutive record setting month for sales.

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The ABC’s of Condominiums

2009 July 07

There are almost as many types of condos as there are kinds of people who want to live in them. Residential condominiums can range from high- and low-rise apartment buildings to townhouses, duplexes, triplexes, single detached homes, freehold plots or even mixed-use condominiums that include retail or commercial space. They can also feature a wide variety of amenities designed to suit almost any budget or lifesty

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Fast start; Small urban condo hits young target market, selling 70 per cent of building

2009 June 30

OTTAWA - The launch of a slick, new condo development bucked the trend of lagging sales last weekend when almost 70 per cent of the 36 one and two-storey apartments sold within a couple of days.

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10 tips for new home buyers

2009 June 25

With low interest rates and help from the federal government, it's an ideal time to move from renting to buying your first home. 

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Average Canadian house price at record high

2009 June 15

The housing market continued to rebound in May with a fourth consecutive increase in monthly sales, according to the Canadian Real Estate Association.

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Buying a Home

2009 June 09

If you’re like most Canadians, your home is probably the most important investment you will ever make. But how do you know if you are financially ready for all the responsibilities that come with homeownership?

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I have a Vision

2009 May 11

Hunter, who works for IBM Global Technology Services, is still settling into his new space. His 18-speed bike rests on a rolled up area rug and there aren't any curtains on the floor-to-ceiling windows, but then there aren't any inquiring neighbours able to see into his new condo.

"I can see the future. It's going to be vibrant and nothing's going to be blocking the view."

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Buyers get boost

2009 April 23

The rate cuts brought the banks' variable mortgage rates down as well, giving existing mortgage holders a break and potentially more cash in their pockets.

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Cindy Sezlik on Deal Sellers

2009 April 06

The local real estate market may have escaped the catastrophic dips seen in some other cities. Still that doesn't mean agents don't have to be quick-witted and creative when it comes to brokering a house sale.  If a buyer is wavering, sometimes the quirkiest things can tip the scales.

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Tax Harmonization Would Slam Door on Homebuyers: Report

2009 March 24

Ontario’s new homebuyers would face a massive tax grab under the proposed harmonization of the federal GST and Ontario PST, a new report released today concludes.

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Five Tips for a Green Home

2009 March 19

Eco-friendly. Carbon footprint. Global warming. Energy-efficient. These catch phrases have become part of our lexicon as we’ve become more aware of our impact on the environment and our role in protecting it. As a homeowner, there are some simple, inexpensive steps you can take to make your home energy-efficient. Get started on the road to being “green” with these five tips.

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Home buying in Canada expected to increase: Survey

2009 March 06

"In spite of the economic downturn, most Canadians still believe it is a homebuyer’s market."

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How to get reno money back

2009 February 27

"Dos and don'ts of the Home Renovation Tax Credit"

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Economic shivers don't faze condo buyers when conditions are right

2009 February 23

Open spaces, terraces and an appealing neighbourhood translate to strong sales

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Ottawans opting for condos over homes

2009 February 11

"Higher density construction will become the most sought-after dwelling type in Ottawa's new home market."

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Area’s housing market defies national price drop

2009 February 03

The city's resale housing market remains resilient even while sales and prices are dropping in other Canadian markets, according to a survey by a major real estate firm.

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Boomers on the move

2009 February 03

Many will choose to stay in their current home, while others look to adult lifestyle communities, vitality of urban condos.

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OBJ: Ottawa housing market to stay strong in 2009: CMHC

2008 December 04

But despite the slowdown the housing market remains solid, she said.

"Employment levels are still supporting the home resale market in Canada, and Ottawa in particular," she added.

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Charles Sezlik, Sales Representative

Prudential Town Centre Realty Inc., Brokerage

114-40 Landry Street Ottawa, ON K1L8K4

T. (613) 744-6697 F. (613) 744-6975

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