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I've never used an agent as I have the time to do the work myself - and it's never been much work but with this new high end stock, I might reconsider as many of your potential clients simply don't have the time or even care to surf CL instead of using an agent. Considering it's a luxury...

Their reports are pretty decent. Like I've said before, it's a good time to rent now, so if that part of the market does its job, vacancy remains low, then rental prices have to increase (and selling prices won't decrease - as much). Unfortunately, to make investing a smart go, they'd have to...

While the market is indeed smaller, I've always found a) I get better tenants because only people with money and a good job can afford the increased cost, 2) It's phenomenally easy to rent out (never had to wait more than 4 days), 3) If you're smart about the tenants you do take, they can...

Congrats Grace! Realistically though, while the seller had already priced it "aggressively" and with the further 1% discount, how much less do you think this got now vs. what it would've got 4 months ago? 7-8%?

It's been discussed on other threads but you're right in that there's no specific thread about it. Probably too small. Glad to see that half of the parking lot disappear and this retail will hide the suburban feel of the Metro quite nicely.

Awesome. Even though I hate this new area as it has pretty much no exterior life, it's great to see such growth and watch the city transform before your eyes.

Ostentatious! Gaudy! S&M inspired! Love it! But wouldn't buy into it. And as for the SOHO, I find it to be kinda rundown. Le Germain definitely has a lock on the boutique aspect in this city imho.

I found that on my 1 bedroom plus den, I'd easily get $2000 instead of $1500 when furnished. Still, $3100 is ridiculous!

Resale will always correct its prices in a poor market (now) faster than pre-construction. Prices are dropping almost across the board with higher end properties dropping the fastest. Look for pre-constuction to offer incentives first (and all of a sudden be open to price negotiations - they...

There's no way I'm jumping on this one as I don't think anybody has a clue. With the bubble section, I only started it when the numbers made a good enough case for it and I couldn't reconcile the market with them. When I start to see employment, production, immigration, household debt, federal...

Actually I've seen very few condo docs that specifically limit the number of vehicles in a single space and I personally know of many many people who park their car and motorcycle/scooter in the same space. I don't see why, if the space is yours and you own two Smart Cars and they fit, there...

You should read your condo documents. Most will indicate how long the budget is in force for and will state whether or not a new budget can be created and/or what yearly increase is allowed. For eg. my latest purchase was in 2006 and they amended the budget documents and unit condo fees in 2009...

Honestly George, that's great news and will help this market if it continues. Although I am a bear right now for the condo market (and predict right here and now that Bisha will be a monumental disaster) and think your predictions will be massively incorrect, it's not something I wish for and in...

Although this can be a problem at any condo, a condo/hotel always has extra expenses. The hotel runs at the expense of the condo owners and typically your condo fees will be at least 50% higher than an equivalently outfitted condo only building. Considering most buildings are in the 50c/ft range...

The regular Delano is $950 and the other starts at $1400. The difference between the two is that the second one can be customized is is hand done, whereas the other one is only available in white/black/espresso leather. Personally, I can't tell the difference between the two. I've seen the...

Until Sunday, all stuff at Gus is also 20% off!! Personally I'm thinking the Jane Bi-sectional for my new place.

While the unit is nice, Miele/Sub Zero, Scavolini and the bathroom fixtures only escalate the psf on a unit as large as 1459 by about $20/psf. If someone pays any more than a million for this, they're idiots. Not a luxury building, and while the upgrades are nice, the luxury still needs to...

I hope it does well, but I'm seeing lots and lots of downward price adjustments on the MLS from only the beginning of July. It's possible that you'll only get $25 or $30000 for the P/L.

Walking straight into the kitchen does totally suck and I can't imagine anyone would like it. Let us know when/what it sells for GC!

Dude, you clearly are dreaming! ;-)