Portland condos for sale: Owners motivated to make a deal on elevated properties

The small number of Portland homes for sale and historically low mortgage rates have owners of well-priced, single-family houses receiving quick offers while sales of turnkey condominiums with concierge services and killer views have stalled due to the coronavirus pandemic, say real estate agents.

Low condo sales, which had been lagging before stay-at-home orders were issued in late March, have owners motivated to make a deal, says Sean Z. Becker of Portland-based Sean Z Becker Real Estate.

The uncertainty of the coronavirus and “headlines of civil unrest” have some home shoppers steering clear of dense urban housing, says Becker, who has been selling real estate for 16 years.

Although the fundamentals of living in a condominium in the city are the same – single-level living and the simplicity of a second home in a nice climate or near grandchildren – buyers in a COVID-19-vulnerable age group, over 65, are not

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Canada Housing Squeeze: Buyers Moving up ‘Handcuffed’ by Hard-To-Sell Condos | Top News

By Nichola Saminather and Julie Gordon

TORONTO/OTTAWA (Reuters) – Eager to move his young family into a house with a backyard amid the pandemic, Dale-Paul Jordan listed his Toronto condo for sale last month and prepared to start bidding on detached homes.

But the condo didn’t sell or get a single viewing. And when another seller in the building slashed their asking price, Jordan and his wife pulled the unit off the market and decided to delay their dream until spring at least.

“One of the things we’re handcuffed to is selling our condo to help with the downpayment,” Jordan said.

The couple are among a growing cohort of would-be buyers in Canada keen to move up the property ladder, but are trapped by a flood of condos in the Toronto and Vancouver markets. The situation is only expected to worsen with a near-record number of new condos under construction.

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Canada housing squeeze: Buyers moving up ‘handcuffed’ by hard-to-sell condos

TORONTO/OTTAWA, Nov 17 (Reuters) – Eager to move his young family into a house with a backyard amid the pandemic, Dale-Paul Jordan listed his Toronto condo for sale last month and prepared to start bidding on detached homes.

But the condo didn’t sell or get a single viewing. And when another seller in the building slashed their asking price, Jordan and his wife pulled the unit off the market and decided to delay their dream until spring at least.

“One of the things we’re handcuffed to is selling our condo to help with the downpayment,” Jordan said.

The couple are among a growing cohort of would-be buyers in Canada keen to move up the property ladder, but are trapped by a flood of condos in the Toronto and Vancouver markets. The situation is only expected to worsen with a near-record number of new condos under

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Why are there so many condos for sale in the DC market?

The coronavirus pandemic’s effect on housing markets across the country has caused a shift to more buyers seeking single-family homes further away from city centers, with a similar trend in the D.C. metro’s housing market.

The coronavirus pandemic’s effect on housing markets across the country has caused a shift to more buyers seeking single-family homes farther away from city centers, with a similar, though less pronounced, trend in the D.C. metro’s housing market.

That might be partially responsible for the increase in the number of condominiums and co-ops for sale in the D.C. area.

Bright MLS reports new listings of condos and co-ops in the D.C. metro in October were up 49.2% from a year ago, a 10-year high for the second month straight.

“There is a segment of the population that has been affected by what we’re calling the pandemic effect,” Chris Finnegan, chief marketing and communications officer for

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Hazel Park is the newest spot for chic condos near Detroit

 A deep-pocketed homebuilder with deep roots in Oakland County — Bloomfield Hills-based Robertson Homes — has been filling the soaring demand for starter homes near Detroit with big projects in Ferndale and Royal Oak.



a large brick building with grass in front of a house: This artist's rendering shows the style of three-story, two-bedroom condominiums planned for a complex of 54 units in Hazel Park, to be priced in the low $200,000s and to each have a one-car attached garage. It's to be Hazel Park's largest housing development in decades. (Credit: Robertson Homes)


© Robertson Homes
This artist’s rendering shows the style of three-story, two-bedroom condominiums planned for a complex of 54 units in Hazel Park, to be priced in the low $200,000s and to each have a one-car attached garage. It’s to be Hazel Park’s largest housing development in decades. (Credit: Robertson Homes)

Now it plans to build in Hazel Park. 

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Robertson Homes on Saturday opened an office trailer for home sales on a site along Woodward Heights, just east of John R, in Hazel Park where the firm plans to build 54 three-story townhouses. The developer reported it signed up five buyers on Saturday, nearly 10% of the available units.

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OREB eyes ‘shift’ away from condos as home sales keep booming in October

While Ottawa’s red-hot housing market continued to set a blistering overall pace in October, Realtors are detecting a potential “shift” away from condos as the trend toward remote work fuels demand for larger properties with space for amenities such as home offices and gyms, the city’s real estate board says.

Members of the Ottawa Real Estate Board sold 2,146 properties last month, up from 1,604 a year earlier and well above the five-year average of 1,515.

But OREB noted that although sales of condominiums rose 22 per cent year-over-year to 481, the number of new units added to the market jumped 70 per cent compared with October 2019 to 708 ​– leading experts to suggest a change in housing preferences may be afoot in Ottawa.

“The condominium market is on our watchlist,” said board president Deb Burgoyne.

While Ottawa’s inventory of residential properties on the market has shrunk 46 per

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Condo Control Central Evolves to Meet Current Needs of Condos and HOAs, Changes Name to Condo Control

TORONTO – November 11, 2020 – ( Newswire.com )

​​​​After over a decade of growth and development for Condo Control Central, the SaaS company says it is time to update its look as more condos and HOAs request their communication, management, and security products.

Condo Control Central has changed its name to Condo Control. The change comes after over a decade of building and improving property management software for condos, co-ops, HOAs (homeowners association), and stratas across the globe.

“We are very excited to update our brand,” says Brian Bosscher, President of Condo Control. “Our company has come a long way since its inception, and it’s time we adjust our image so that it more closely aligns with our current values and beliefs.”

Condo Control is also making a modest adjustment to its logo, and updating its tagline to “property management made simple.” This new tagline supports the company’s

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$4M deal secures final parcel for Carver Square condos development

The warehouse building along Lombardy Street, built in 1900 as a lumber mill, would be demolished to make way for the Carver Square condos. (Photos by Jonathan Spiers)

Less than a week after spending $10 million for a 23-acre site near Short Pump, a prolific area builder put down nearly half that amount for roughly 2 acres in the city — putting the final piece of its next Richmond development in place.

Stanley Martin Homes has finalized its purchase of about 2¼ acres at 1480 and 1500 W. Moore St., where it plans to build the bulk of its recently approved Carver Square condominiums. The Reston-based builder paid $4 million in a deal that closed Nov. 4, according to an announcement from Divaris Real Estate.

Divaris agents Read Goode and Cheryle Toy represented Stanley Martin in the purchase. The transaction was not reflected on city property records available

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Luxury Real Estate Developer NRIA Debuts South Florida Oceanside Condos

DELRAY BEACH, Fla., Nov. 10, 2020 /PRNewswire/ —  NRIA, a leading developer in luxury real estate, today announced the launch of their newest luxury residential community, Gulf Stream Views, located in South Florida between Palm Beach and Delray Beach. The development boasts 14 state-of-the-art luxury condominium townhomes, each with oceanside views and direct beach access.

Starting at $1,895,000, the complex has already sold over one-third of the units on a pre-construction basis and continues to receive tremendous traction. Each oceanfront property offers a contemporary three-story design, private auto court, walled and private tropical garden with outdoor kitchen, grill and plunge pool, open plan living with 10-foot ceilings, four bedrooms and more. The development is only minutes away from the world-class shopping, dining and entertainment of downtown Delray Beach.

“Our team is thrilled to be contributing to the real estate market in South Florida during

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Real Estate Broker Michelle Kam Provides Guide to Buying Pre-Construction Condos in Toronto

Press release content from Accesswire. The AP news staff was not involved in its creation.

In a recent article, Michelle Kam shared a guide to navigate the pre-construction condo market

TORONTO, ON / ACCESSWIRE / November 9, 2020 / Michelle Kam shared a guide for purchasing a pre-construction condominium in Toronto in a recent article for Your Amazing Places. She shared the many different aspects that buyers should consider before finalizing a sale.

Michelle Kam has more than 15 years of experience in the real estate industry and specializes in selling pre-construction condos and houses in Toronto.

In the article, Ms. Kam broke down how down payments on pre-construction condos differ from those of an existing condo. She explained that for condos that are already built, homebuyers may be able to put down as little as 5% as a down payment, but with pre-construction condos,

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