New Licensing bylaw coming for City of Waterloo – Waterloo Condos for sale – Kevin Baker
Recently I went to a seminar on the new bylaw that is coming for the city of Waterloo covering the licensing of Landlords renting out their units/buildings. The Bylaw comes into effect on April 1, 2012 and is something to pay attention to if you currently rent out a unit or building in Waterloo or are thinking of buying a property. Have a look at the video to hear my thoughts.
October 21, 2011 | Categories: Buyers, Kitchener Waterloo, Sellers, Video | Tags: condo buying, condo selling, condo units, first time buyer, kevin baker, kitchener, kwhometeam, landlords, license, loft, loft selling, market update, real estate, remax, student, twin city realty, update, waterloo | Leave a comment
Read the Condo Documents before Buying – Waterloo Condo and lofts for sale
Yesterday I spoke with a friend of mine at 375 King street N, Waterloo and he was telling me about the board of his building trying to change the policies and making it student free. They still have to get 80% of the unit owners to agree but have a look at the video and hear some thoughts on why its important to read the condo documents before you buy.
October 14, 2011 | Categories: Buyers, Kitchener Waterloo, Loft Style, Sellers, Video | Tags: condo buying, condo selling, condo units, downsizing, first time buyer, kevin baker, kitchener, kwhometeam, loft, loft buying, loft selling, market, market update, real estate, remax, twin city realty, update, waterloo | Leave a comment
CONDO SALES REMAIN STRONG IN K-W – Waterloo homes and condos for sale
CONDO SALES REMAIN STRONG IN K-W
KITCHENER-WATERLOO (OCT 5th, 2011) – Residential sales to the end of the 3rd quarter of 2011 are behind last year by 2.9%. A total of 4,975 homes have sold to date this year through the Multiple Listing Service (MLS*) of the Kitchener – Waterloo Association of Realtors, compared with 5,126 during the same period last year.
Overall residential sales brought the dollar volume of $1,493,498,796, an increase of 0.8 % compared to a year ago. While sales have been slightly behind last year’s results for most dwelling types, the condo market has been the notable exception.
There have been 953 condo sales year-to-date, a 2.8 % increase compared to a year ago. Stronger demand for condo’s has helped push up the average price up to 5% on a year to date basis. The average price of a detached home has increased 3.7% to $341,222. Home sales were down last month by 4.7% over last year at this time.
Interest rates continue to be low and its a great time for buyers who are entering the market for the first time, or those wishing to transition into a different kind of home, whether its trading up or downsizing.
October 7, 2011 | Categories: Buyers, Kitchener Waterloo, Sellers | Tags: condo buying, condo selling, condo units, first time buyer, kevin baker, kitchener, kwhometeam, loft, loft buying, loft selling, market, market update, real estate, remax, twin city realty, update, waterloo | Leave a comment
Special Assessements When Buying a Loft or Condo – Waterloo Condo and Loft
If you have been looking for a new condo or loft in the Kitchener Waterloo area make sure that you get a status certificate on the building and have your lawyer do a good look through of the documents… Watch the video to hear my thoughts as to why.
August 24, 2011 | Categories: Buyers, Kitchener Waterloo, Loft Style, Sellers, Video | Tags: condo buying, condo selling, condo units, first time buyer, kevin baker, kitchener, loft, loft apartments, loft buying, loft selling, real estate, remax, special assessement, status certificate, twin city realty, waterloo | Leave a comment
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