Sentences with phrase «on the condo market»

Some banks are reluctant to lend because they have already made big bets on the condo market, according to Ayush Kapahi, principal at real estate debt brokerage HKS Capital Partners.

Despite its mild climate and attractive surroundings, a high inventory of unsold new units and constrained demand due to a soft economy will continue to cause drag on the condo market in Victoria, says the report.

This is the quickest way to find a real estate agent in a specific city that focuses on that condo market.

Not exact matches

The firm has also tapped into the burgeoning condo market in booming downtown Hamilton, where it is working on three high - rise projects.

In Toronto, information on foreign buyers is more scarce, although a report from Canada Mortgage and Housing Corporation in April pegged the rate of foreign ownership in the city's condo market at 3.3 per cent.

Already, the number of condos on the market jumped 7 percent in the quarter, reaching a six - month supply.

Sam — curious for your take on the SF new construction condo market.

Once your condo has been on the market for a few months, your agent may ask you to lower the price.

The chief legal analyst for ABC News and history buff is putting his condo in an 1830s - era Greek Revival townhouse on the market.

The current Days - On - The - Market average for Miami Beach luxury condos listed for sale is about 226, according to the statistics.

On average, luxury properties, which Miller Samuel defines as the top 10 percent of all condo and co-op sales, were on the market for 131 days before selling in the first quarter, versus 115 days for lower - priced listingOn average, luxury properties, which Miller Samuel defines as the top 10 percent of all condo and co-op sales, were on the market for 131 days before selling in the first quarter, versus 115 days for lower - priced listingon the market for 131 days before selling in the first quarter, versus 115 days for lower - priced listings.

With the expected rise of mortgage rates, already overpriced property in Vancouver, Toronto and Victoria are vulnerable to a cooldown, especially in the falling condo market, says TD Bank For the second time this week a major industry report has upgraded its estimate on the rising Canadian property market — but only for this year.

Indeed, the evidence we've seen on pricing over the last couple of weeks supports that we are still very much in a seller's market in all areas in the attached and condo segments.

Average days on market dropped to 25 days from 26 in the freehold sector and to 24 days from 27 in the condo market.

Here's what's happened in the past year — two girlfriends have gotten engaged, and one has her condo on the market and is looking with her boyfriend to buy a new place and move in together.

A relative who is an engineer with a «very nice job» and a «gorgeous condo» in a provincial city, Matloff says, commented on the current «terrible» job market for new college graduates.

Compare 100s of photos and preview new condos on the market.

Here's what's happened in the past year — two girlfriends have gotten engaged, and one has her condo on the market and is looking with her boyfriend Dating Site Age Distribution «Is he Generation X?

Here's what's happened in the past year — two girlfriends have gotten engaged, and one has her condo on the market and is looking with her boyfriend It's rubbish being middle class these days.

Meet well educated and professional singles looking for friendship Here's what's happened in the past year — two girlfriends have gotten engaged, and one has her condo on the market and is looking with her boyfriend

The whole May - December romance is Here's what's happened in the past year — two girlfriends have gotten engaged, and one has her condo on the market and is looking with her boyfriend

But the booming privately owned homeshare concept is getting a lot of consumer attention and edging in on the market share for accommodations, largely due to digital and tech amenities that hotels and rental condos — and now homeshares — have to offer.

The performance of the Georgina real estate market shows that the demand for homes, apartments, and condos is on the upward scale.

There is a huge supply of new condos on the market and interest rates will be moving up at some point in the future which will likely put pressure on prices.

Condominium fees have always kept me on the on the sidelines of the condo market.

On a recent trip to Vancouver, I had the pleasure of talking to a few solo - dweller condo - owners — all of whom had independently bought into the thriving Vancouver market when interest rates were really low.

The condo I'd written about was on the market again, and this time it was ready for FHA financing.

It hasn't helped that the market has been so hot in recent years — many buyers, afraid to lose out on a great condo in a prime location, have been pressured into making decisions that came back to haunt them.

Overall, home owners could benefit from longer holding periods in the condo market, albeit differently depending on their geographic location, but they may need to watch out for that five - year itch.

Giulanti gives this example: Say you live in an older condo that is only worth $ 50,000 on the market today.

As these condos in the construction pipeline are completed, this inventory of units will be dumped on to the rental and / or re-sale market just as sales momentum and housing demand ebbs.

On paper the zone's real estate prices dropped over the last three years, but this was due largely to a large number of newly built condos hitting the market and lowering average prices.

Now, I have two questions regarding the tax on capital gain that we should pay, as well as land transfer fee that my dad has to pay: (a) If we give the condo to my dad as a gift or sell it to him for let's say $ 1, do we need to pay tax on the capital gain based on the current market value of the house?

The Bank of Canada has also remarked on the speculation in the Canadian condo market and «Official Ottawa» is unofficially very, very nervous.

Canso recently attended a real estate conference on the Toronto condo market, put on by the Capital Markets area of a Canadian bank.

It is pretty clear that most investors in the Toronto condo market are focused on price appreciation.

After selling GM, I was originally going to just keep the cash on hand in my money market account, but since it looks like my condo closing will be a little later than I originally thought, I decided to put the money into another mutual fund in the meantime.

He also went on to say that the new condos coming onto the Toronto market in 2014 were far in excess of demand.

Peter and Krista immediately got a recommended realtor on their side to help navigate Vancouver's irrational exuberance condo market.

In this heated condo market, Peter and Krista were eager to find their dream condo fast and began looking on Realtor.ca along with any listing their real estate agent sent them and began scheduling private viewings mid-week and open houses at the weekend.

According to condo research firm Urbanation, there were roughly 15,552 unsold Toronto condo units on the market as of the end of March.

The reason why these two couples were successful at buying a condo — even in a hot urban market like Toronto — is that they chose to focus on what really mattered: Their budget and their needs.

* Condo 2009 fair market value of $ 225,000 — 2002 purchase price of $ 200,000 = $ 25,000 → you owe tax on this capital gain * $ 25,000 divided by 2 = $ 12,500 → the capital gain you will be taxed on * $ 12,500 x marginal tax rate (we assume 30 %) = $ 3,750 * Then you'd need to add in the tax owed on your house: The house fair market value in 2015 of $ 620,000 — appraisal value in 2010 of $ 550,000 = $ 70,000 → you owe tax on this capital gain (as your condo, not your house was your primary residence) * $ 70,000 divided by 2 = $ 35,000 x marginal tax rate of 30 % = $ 10,500 * The 2001 to 2009 appreciation of $ 300,000 would be sheltered as the house was your primary residence during those years.

Eventually, the couple had to pay almost $ 20,000 for their portion of the special assessment, but even with that cost, they still saved $ 60,000 on the fair market value of the condo.

I couldn't belive it even with all of the other condos on the market.

This is not necessarily true, if you are in a hot realestate market and all signs point to a 10 - 20 % increase in housing prices, you are better paying the minimum on your student loan and investing in a new home / condo.

Most investor - landlords are lucky to break even on their condos, usually in negative cash flow because market rents simply can't cover financing, condo fees and taxes — let alone give a return on invested equity.

Compare 100s of photos and preview new condos on the market.

But with the many cat condos in the market, you could be lost on how to find the best cat tree.

Aloha Pam, This condo is on the market and I would love to have someone spruce this place up.