A recent study by TD Bank found that 64 percent of millennials are now willing to consider moving to the suburbs in search of a home, with affordability being the biggest driving factor. When you combine this stat with the fact that 83 percent of young, urban home buyers would prefer to own and live […]
As of September 2020, there were 2,417 condo listings in the Edmonton area. While this is still a decrease in comparison to previous years, it does show movement in the local real estate market and that there is hope for increased traction over time. If you’ll be looking at condos in Edmonton over the coming […]
The Calgary real estate market showed a slight upturn from August-September 2020, with 1-bedroom and 3-bedroom condos, specifically, seeing an increase in sales. This modest growth (~3 per cent overall) is expected to continue into the end of the year. So, with the Calgary condo market benefiting from low-interest rates and substantial inventory levels, where […]
Purchasing a condo is an exciting life event. Before you even move in, your head begins to fill with ideas about how you’ll utilize your new space and make it your own. You might be ecstatic to enjoy your spacious balcony, or impatiently waiting for the moment you can host family and friends in your […]
We’ve all heard horror stories about condo living. From noisy pets that won’t stop barking, to visitor parking battles and hefty maintenance bills— residing in a condominium community can come with its challenges. But before you get dismayed, know this: the vast majority of condominium complaints and disputes can be resolved with a little effective […]
It would be an understatement to say that 2020 has been an unusual year, and the current real estate forecast is a reflection of the unprecedented circumstances we’ve all been experiencing. The onset of the COVID-19 pandemic resulted in an economic domino effect, increasing unemployment rates while decreasing household incomes, residential construction activity, and property […]
The relationship between condo boards and management companies is an integral part of what makes a housing community thrive. When property management companies disappoint tenants, it can be difficult to repair the relationship or move forward with unity and understanding— making day-to-day responsibilities more complicated for all involved. Fortunately, however, with a proactive and collaborative […]
Per Merriam-Webster, the definition of communication is: a process by which information is exchanged between individuals through a common system of symbols, signs, or behaviours. It also states that communication is: information communicated; information transmitted or conveyed. When it comes to the condo business, communication is paramount. And as stated in the definitions above, it’s […]
Every town has its own fair share of urban myths and legends, and Edmonton is no different. Is there some sort of structure that exists under West Edmonton Mall? Is the Legislature Building actually haunted? And what’s up with that weird fenced-in green space near Gateway Blvd that inexplicably has a bunch of deer living […]
Condo boards and management companies often seek out contractors to help them maintain and service their complexes. Some of the most common services condo associations hire require on a contract basis include: Residential cleaning Parking enforcement Waste collection HVAC system maintenance Carpet cleaning On-site security Building repairs and maintenance Depending on the circumstances, either the […]