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    News and Articles on Buying A Condo



    Homeowners' new reality: You're suddenly poorer  Nov 12, 2008
    When Pat Webb moved to Vancouver a year ago, she didn't think twice about buying a condo in tony Kitsilano, among the hottest neighbourhoods in the city's booming real estate market. But in August, the 70-year-old retiree decided to move back to the United States. (Globe and Mail -- Business)

    Condo buyers need to be inquisitive  Aug 30, 2008
    LOS ANGELES - For many aspiring homeowners, buying a condominium is an affordable way to transition from being a renter and begin reaping the benefits of homeownership without a lot of the added costs involved in maintaining a house with a yard on a piece of property ... "The biggest single mistake that people tend to make is to think that buying a condo is just a less expensive way of buying a house and not really understanding that it's shared ownership, which is a lot different," says Robert... (AZCentral -- Business)

    Man stabbed to death outside bar  Aug 25, 2008
    I was thinking about buying a condo at the 501 a couple of years back, thank god i didnt cuz i wouldn't want a errant bullet going in my apartment or even knowing that people have gotten stabbed and killed outside. for god sakes this is a residential neighbourhood now and i wouldnt want my kids anywhere there. (Vancouver Sun)

    Buying Your College Kid a Condo  Jul 31, 2008
    Buying a Condo for a College Kid Is a Tax-Smart Move (Tax Guide: Personal Finance) at SmartMoney ... But believe it or not, buying a condo for your kid to live in while he or she attends school could turn out to be quite a financially-savvy move ... You Are Viewing: Buying a Condo for a College Kid Is a Tax-Smart Move (Tax Guide: Personal Finance). (SmartMoney)

    Renters make their move  Jul 28, 2008
    Many people who were looking at buying a condo are able to look at a single-family residence because of the immense drop in price. We can help more people because there are smaller price tags. (San Diego Union-Tribune -- Business)

    Wexler's Delray residency disputed by opponent  Jul 24, 2008
    You are not a Floridian and buying a condo now would just be spitting in our faces. By MIKE. (The Palm Beach Post)

    South Bay leads increases as rents soar  Jul 14, 2008
    The affordability of leasing a high-end unit compared with buying a condo or house is also pushing some potential buyers back into the rental market, raising rents, Smith said. He pointed to that affordability gap as the single biggest driver of the currently robust apartment market in the Bay Area. (San Francisco Chronicle -- Business)

    No decision on removing age restriction from Hudson condos  Jun 13, 2008
    Esplanade resident Bob Cyr said many residents have come the complex interested in buying a condo, but have balked at purchasing one because of the possible change in the restriction. "The developers said the lack of sales is from the economy, but people have come in and been willing to buy, but haven't because of the chance the restriction may be lifted," he said. (Hudson Sun, MA)

    Finding Good Deals on Second Homes  Jun 5, 2008
    Parts of the country where prices have fallen can provide good deals, but remember short sales take time and buying a condo can backfire if the building is full of foreclosed units whose owners aren t paying maintenance charges. Source: Forbes, Deborah Orr (05/16/08). (Realtor Magazine Online)

    4 under $300,000  Jun 1, 2008
    For many, buying a condo under $300,000 is an entree to home ownership, said Adam Rosenbaum, a broker with Century 21 Adams Realty in Arlington. "It sure ain't like hitting the magic .300 average in baseball, but it can make you a player and get you in the game," he said. (Boston Globe)

    Under $200,000, The Price Is Right for Halifax Condo Buyers  May 8, 2008
    Almost half of urban Canadians (48%) indicate they would consider buying a condo as their primary residence, up from 39% in 2007. The findings are part of the 2008 TD Canada Trust Condo Poll. (Canada Newswire)

    Young pioneers stake claims in the Tenderloin  May 5, 2008
    "We do not make a lot of money at all. We're not those yuppie people who are buying a condo. We're city people.". Are there more buyers out there who would take a chance on a marginal neighborhood. (San Francisco Chronicle -- Crime)

    Case Against Chula Vista Councilman Dropped  May 3, 2008
    "From the time he was indicted last year, Castaneda maintained the charges against him were politically motivated. He alleged that Dumanis ordered the investigation as a favor to Chula Vista Mayor Cheryl Cox, whom Castaneda unsuccessfully challenged in the June 2006 mayoral primary.The grand jury investigating Castaneda cleared the councilman of any wrongdoing in connection with his involvement with the Sunbow Villas, an apartment complex being converted to condominiums where his estranged wife... (TheSanDiegoChannel.com, CA)

    Buyers of condo-hotel hybrids who lost big are now suing  Apr 21, 2008
    Nobody DUPED you into buying a condohotel unit, anymore than anyone duped you into buying a condo at Marina Grande, or City Plaza, and nobody duped you into buying a home in Olympia, or Port St loser for more than twice its actual worth. You made the choice, you sought the fast return, you gambled, you LOST. Greed ALWAYS comes back to haunt you in the end. (The Palm Beach Post)

    Jurors Deliberate Fate Of Chula Vista Councilman  Apr 20, 2008
    Loretta Castaneda ended up not buying a condo at the Sunbow complex ... The defendant said he listed "looking to buy condo on conversion" on the rental agreement because he and his wife had just separated and were each interested in buying a condo, not necessarily at Sunbow ... In his June 2006 deposition, Castaneda said he was renting and didn't plan on buying a condo at Sunbow and didn't expect any benefits, and reiterated that testimony to the grand jury five months later, the prosecutor told... (TheSanDiegoChannel.com, CA)

    Jury Deliberates In Case Against Chula Vista Councilman  Apr 18, 2008
    Castaneda, who denied he was interested in buying a condo unit or was receiving favors from the developer, called the case "a political witch hunt.". On Thursday, Castaneda's lawyer told the jury that evidence against his client is nothing more than innuendo, speculation and unproven theories. (NBCSandiego.com, CA)

    Developers plan to add 2,000 new apartments  Apr 18, 2008
    Renters are interested in the flexibility of a 12-month lease compared to buying a condo that might be difficult to resell. Plus, some of the same fundamentals pushing the condo construction boom of the past few years are playing into apartment demand -- suburban baby boomers downsizing and migrating back to the city and young professionals wanting to live and work downtown. (Twin Cities Business Journal, MN)

    Cape Pays A Price  Mar 23, 2008
    The Mahlers thought about buying a condo in 2005, but the deal fell through. Now they're renting in East Falmouth, waiting for the housing market to settle. (FOX61, CT)

    Anatomy Of An Intentional Foreclosure  Feb 13, 2008
    For Karen Traynor, buying a condo closer to her job in San Francisco seemed like a sound financial decision. "We have always owned our homes," Traynor said. (CBS News)

    Chula Vista councilman to seek re-election  Feb 7, 2008
    Furthermore, Carlos said, the charges don't make sense because buying a condo is not a crime. Castaneda could have bought a condo, Carlos said. (San Diego Union-Tribune)

    Bear leaves some cheap pickings  Feb 6, 2008
    Okay, all you Donald Trump wannabes, what's the better investment: Buying a condo in red-hot Calgary, or investing in Boardwalk Real Estate Investment Trust, the largest apartment REIT in Canada. National Bank Financial analyst Michael Smith crunched the numbers, and let's just say having lousy tenants isn't the only drawback of condo ownership. (Globe and Mail -- Business)

    Streetcars, pools and tax 'rebates'  Feb 1, 2008
    And why should I be discriminated against for buying a condo. I thought density equaled smart growth. (Atlanta Journal-Constitution -- Opinion)

    Industry veteran takes the long view on cyclical nature of business  Jan 16, 2008
    Staro, 67, counts himself among those who see advantages to buying a condo in the city, but he's not ready to give up his three-bedroom, 21/2-bath home in Rensselaer County just yet. This article is for Paid Print Subscribers ONLY.. (Albany Business Review, NY)

    To Mortgage Or Invest, Or Both?  Dec 9, 2007
    I am getting conflicting advice as to how to proceed in buying a condo. One side says. (New York Post -- Business)

    "Friendly foreclosure?"  Nov 30, 2007
    I never said I was buying a condo for $60K. I just said that s what ocean front condo s go for. I don t have to buy one. (The Palm Beach Post)

    Blasts from the Past  Nov 26, 2007
    "My dream was to have a place where I could walk down to my own barn and take care of my own animals. I've got it." But she still keeps an eye on Massachusetts politics and thinks about buying a condo on the Cape. "I miss my friends," she says, "but I don't miss the winters." As for her feelings about the Bay State forging a path on gay marriage, she says: "My first reaction is, 'About time.' Paying state and federal taxes with little or no spousal benefits seems quite unfair. I am proud of... (Boston Globe)

    Aspiring screenwriter needs to revise plot  Nov 25, 2007
    He also is thinking of buying a condo in Hollywood to be closer to the entertainment action. And it would be nice to have more free time to travel and pursue his other hobbies, such as biking and hiking. (Los Angeles Times)

    Toronto turning into Condo city  Nov 16, 2007
    Cathy and Robert Ainsley say they initially never thought of buying a condo because they wanted a backyard for their 1-year-old son. But they downgraded their expectations when they started looking for a home last year. (Toronto Star)

    Police evacuate Cocoa apartments  Oct 18, 2007
    Who's buying a condo in that area. Posted by: PurpleMan on Thu Oct 18, 2007 7:15 am. (Florida Today)

    Atlanta condo glut hits "danger zone" | ajc.com  Oct 14, 2007
    Buying a condo is not a risk-free proposition ... I really feel for anyone who needs to sell a unit and cannot without facing a huge loss - think about this possibility if you are interested in buying a condo. (Atlanta Journal-Constitution -- Travel)

    What's your worst pick-up line?  Oct 13, 2007
    Amazon, well he kept digging a bigger hole, and said I was doing too much by getting a master s degree and buying a condo. Oh, and I also should lower my expectations/standards (or what, be faced with a lifetime of scrapbooking and owning six cats. (Atlanta Journal-Constitution)

    Answer Desk: When the dollar takes a dive  Oct 1, 2007
    Whether youre buying a condo in Florida, or a share of IBM stock, or a ticket to Disneyland, everything is on sale here if youre paying in, say, Euros. That tends to help American companies sell more of their products, which boosts the U.S. economy. (MSNBC -- Business)

    Office pioneers in condo-land  Sep 18, 2007
    "For smaller companies and individuals who want security for the future and who are fed up with paying rent, buying a condo office is a feasible option," he says. "Instead of doling out rent for 20 years, they could be paying off a mortgage and be left with a solid investment at the end of it.". (Globe and Mail -- Business)

    When Is It Ok Not To File A Federal Tax Return?  Sep 16, 2007
    WHEN IS IT OK NOT TO FILE A FEDERAL TAX RETURN. someone who was involved in a criminal investigation five years ago. (New York Post -- Business)

    Mixed-use pegged for West End  Sep 12, 2007
    High-end apartment developers have carved out their share of Austin's urban living market, betting that enough people want to live near the action but don't want to commit to buying a condo. In fact, across Fifth Street from Pressler, Gables is partnered with Dallas-based Direct Development on another mixed-use project called 5th Street Commons that will include 138 apartments and 38,000 square feet of retail. (Austin Business Journal, TX)

    Condo Earthquake Insurance  Aug 29, 2007
    If you are considering buying a condo, find out how much longer the earthquake policy on the building is good for. If it expires soon you may be for a huge risk. (NBC4.tv, CA)

    Pets living large in condos  Aug 16, 2007
    "There really wasn't any area you could go and walk the dogs without being in the middle of the city," said Giradot, who ended up buying a condo at the Art Foundry in Atlantic Station, which includes a large, tended dog park. "It was definitely nice to see that they had thought about that," he said. (Atlanta Journal-Constitution)

    Off the Record: 'The good-ole days'  Aug 11, 2007
    Time-sharing meant sitting around the dinner table not buying a condo in Florida. I fell on the ice outside school. (Gaylord Herald Times, MI)

    Feds: Deport Noriega To France After US Release  Jul 18, 2007
    "I don't believe that the government of France is so interested in bringing Noriega to stand trial in France for buying a condo 20 years ago, with money they claim is illegal," said Rubino. "He's never been to France in his life.". (WFOR.com, FL)

    Sunday Business  Jul 15, 2007
    Dear John: I'm in the process of buying a condo. Should I lock in the mortgage rate now or take the rate at closing. (New York Post -- Business)

    Lock In Those Loan Rates Now  Jul 15, 2007
    Dear R.C.: That's a tough call. But right now I think there is. (New York Post -- Business)

    Waterfront Property Weathers the Downturn  Jul 6, 2007
    If you're buying a condo, don't settle for one space; buy a second even if it adds $20,000 to $75,000 to the price, because on-street parking is scarce and a hassle. Expect loud parties, especially in the summer. (Realtor Magazine Online)

    Help! I've got condo brain  Jun 10, 2007
    Suddenly, it seems, everyone we know is buying a condo ... One day I asked her for advice about buying a condo. (Globe and Mail)

    More of this story  Jun 9, 2007
    Buying a condo can also be a lesson in politics. The HOAs are mini-democracies, where the residents elect the board members. (Los Angeles Downtown News, CA)

    SW Valley chiefs call SE Valley home  May 29, 2007
    Kotsur is considering buying a condo to stem his 38-mile commute when workdays run late. He said he stays in Mesa so his wife can be close to her job as a legal assistant with that city. (AZCentral -- News)

    Tax Savings Helps Condos Sell In Slow Markets  May 23, 2007
    Anyone who is buying a condo for investment should read the fine print. In many new projects, developers limit the number of investors to as little as 10 percent of total available units. (Realtor Magazine Online)

    Lower price tags on condos tempt buyers  May 18, 2007
    A TD survey conducted in March found 39 per cent of Canadians would consider buying a condo as their main living space, a 4-per-cent rise from last June. In addition to price, lower maintenance costs were cited as a major reason for the increased interest. (Globe and Mail -- Business)

    Choose an affordable builder  May 17, 2007
    Whether you are buying a condo, a townhouse, a house in a subdivision, or a custom built house, you want to know that you are buying a good quality home from a reputable builder. Once you have thought about the type of house you want, where should you look for a builder. (Clayton Tribune, GA)

    Biting Into the Biscuit  May 12, 2007
    Turns out all the hype over soccer star David Beckam and Posh Spice possibly buying a condo at the new Biscuit Company Lofts was just that. But that's not to say other celebrities haven't signed on to the Industrial District project. (Los Angeles Downtown News, CA)

    Chic boutique headed for Cultural District  May 10, 2007
    They're both New Yorkers who also are buying a condo in Piatt Place, the redevelopment of the former department store into a new mixed-use project and condo residence. Gorman's Singularity Clark LP acquired the 23-story Clark building for $22 million last year. (Pittsburgh Business Times, PA)

    Business Pulse results: Cost, view biggest considerations in buying condo  May 10, 2007
    Memphis Business Journal asked its online readers last week to identify the greatest determining factor when buying a condo Downtown. The survey received 254 votes. (Memphis Business Journal, TN)

    2. With river nearby, Wynne saw the need for a 'catfish joint'  May 3, 2007
    And he's buying a condo about a block from the restaurant, although he'll continue to live most of the time near Dallas. "I love this city," said Wynne, who lists his title as servant on his business card. (The Commercial Appeal, TN)

    Paying off the mortgage  May 3, 2007
    The poll also found that youngest and oldest Canadians are most likely to think about buying a condo or loft. We're definitely starting to see the influence of boomers on the housing market, Ms. Adams said. (Globe and Mail)

    Not all Canadian boomers in a hurry to pay off mortgage, says RBC Survey  May 2, 2007
    At 15 per cent, both younger (18-24) and boomer homebuyers (55+) are more likely to be thinking about buying a condo or loft, compared with 7 to 9 percent of those aged 25-54. "We're definitely starting to see the influence of boomers on the housing market," noted Adams. (Canada Newswire)

    Defense dissects charges in Genesis trial  Apr 26, 2007
    The condo is not among the 2,523 allegations of theft, but prosecutors "want you to think there is something wrong about buying a condo," he said. Bernard legally obtained a loan to purchase a share in the condo, Nuttall said. (Fresno Bee -- Local)

    Read the Fine Print Before Buying a Condo  Apr 21, 2007
    REALTOR Magazine - Daily News. REALTOR Magazine Online: The real estate professional's business support tool. (Realtor Magazine Online)

    Embracing their urge to splurge  Mar 28, 2007
    For Kelley Denny, a partner of Downtown-based , it was buying a condo in Arizona as an investment. "I bought it online, site unseen other than the pictures and word of a relative and a Realtor," Denny said. (Pittsburgh Business Times, PA)

    A good sign for downtown  Mar 18, 2007
    The crowd 1,200 people RSVP'd for the party was younger, maybe "hip," and definitely serious, with lots of talk about buying a condo for investment or living. And unlike the scene at similar parties for the multiple other condo projects around the city, this one was decidedly local. (Las Vegas Sun)

    Condos Still a Popular Option for Buyers  Mar 14, 2007
    Motivations for Buying a Condo. Why go condo. (Realtor Magazine Online)

    Which Index Is Accurate For Gauging Home Prices?  Mar 2, 2007
    For example, a single woman buying a condo is a household. Another factor is that monthly single family data goes back to 1968, but monthly condo data only goes back to 1999. (RealtyTimes)

    Condos For Sale  Jan 10, 2007
    (Jan 3, 2007) - [CHICAGO, IL] By: Anne Martin When it comes to buying a condo in Chicago in 2007, urban pi. (Dec 17, 2006) - Wrapping Up a Good Year [ATLANTA, GA] By Michele Kent Condominium sales in Atlanta have co.. (IntranetJournal)

    Herrin Maytag plant building sold to realty company  Jan 5, 2007
    According to Ritter, tenants may either lease space or purchase their space, similar to buying a condo. In all IRC purchased former Maytag manufacturing sites in Galesburg, Ill. (Marion Daily Republican, IL)


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