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  1. Windup formula varies greatly

    Significant variations to windup formula Tony Gioventu The Province Dear Tony: Our strata corporation has been involved in the winding-up process for three months and we are at a stalemate with our owners. Our condo was built in 1988 and as a result, we have been told the formula used to buy out each owner […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Strata Information

  2. Haven 45 three to four bedroom townhomes at 2560 Pitt River Road Port Coquitlam by Boffo Properties

    At Boffo Properties? Haven, the design is in the details Mary Frances Hill The Province Haven What: 45 townhomes with three or four bedrooms Where: 2560 Pitt River Road, Port Coquitlam Residence sizes and prices: 1,312 to 1,843 sq. ft; prices starting in the mid $700,000s Developer and builder: Boffo Properties Sales centre: 16 — 2560 Pitt River Road, Port […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-07-2018
    Real Estate Related

  3. Vancouver wage levels aggravating housing woes

    Lack of affordablilty caused by gap between wages and home prices Ephraim VecinaCanadian Real Estate Wealth The median cost of a Vancouver home currently stands at $672,000 – but while certainly elevated, it is still lower than San Jose (15% lower) and San Francisco (26% lower), the most expensive markets in North America. Andy Yan, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-07-2018
    Real Estate Related

  4. Pre-sale condo action cools

    More than 580 buyers also trying to sell their contract assignments Frank O’BrienBusiness in Vancouver Pre-sales of new condominiums across Greater Vancouver and the Fraser Valley dropped from 91% of offerings in January to 50% as of June as the action shifts from “hyperactive growth to a more balanced, more normal market,” according to Suzana […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-07-2018
    Real Estate Related

  5. June sales hint at turning point

    CREA says we are still at a five-year low Neil SharmaCanadian Real Estate Wealth Home sales in the country rose 4% in June over May, and Toronto led the charge with a whopping 17% increase. According to the Canadian Real Estate Association, Toronto has been forecasted for some time to bounce back, and while it’s […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-07-2018
    Real Estate Related

  6. First time buyers driving Toronto condo price gains

    Condominiums the choice for first time buyers Steve RandallREP Condo apartments saw an average selling price gain of 5.4% year-over-year in the second quarter of 2018. The rise took the average selling price to $561,338 while in the City of Toronto there was a 6.5% rise to $603,480 the Toronto Real Estate Board reported Tuesday. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-07-2018
    Real Estate Related

  7. Canada home sales fall to 5-year low in June

    CREA says June sales down 10.7% compared to a year ago Mortgage Broker News Earlier this week, the Canadian Real Estate Association (CREA) said that sales in June were up 4.1% compared with May, marking what the board described as the first “substantiative” month-over-month increase this year. However, the June sales were down 10.7% compared […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-07-2018
    Real Estate Related

  8. Torino 8699 Hazelbridge Way Richmond 405 homes, 185 in first tower, by Pinnacle International

    Pinnacle International?s Torino to take its place in Richmond?s Capstan Village Simon Briault The Vancouver Sun Torino Project location: 8699 Hazelbridge Way, Richmond Project size: 405 homes (185 in first tower); Homes in Torino South range in size from 578 to 1,189 square feet (with the exception of one home, at 1,855 square feet, which […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-07-2018
    Real Estate Related

  9. Fern Grove 34 single family homes at 24012 127B Avenue Maple Ridge by Epic Homes

    It’s all in the details at Fern Grove Mary Frances Hill The Province Fern Grove Where: 24012 127B Ave. (128th and Fern Crescent), Maple Ridge What: 34 single-family Craftsman-style homes on lots ranging from 3,732 to 8,000 sq. ft. Available in three- to six-bedroom models, some with legal basement suites Price: From $929,996 for a 2,954-square-foot home with an […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-07-2018
    Real Estate Related

  10. Location key in winding up a strata

    The location of the property is critical in the sale of a strata corporation Tony Gioventu The Province Dear Tony: Our strata council was approached by a developer interested in purchasing our property outright. They came to a council meeting, gave us a slick presentation, told us they were prepared to pay 35 per cent […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    11-07-2018
    Strata Information

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