halifax real estate: Halifax Condos/Theatre Lofts - 02/13/09 06:32 AM
Theatre Lofts/Best Halifax Condo Purchase
I recently visited an exciting new project in the North End of Halifax that is going to help reshape the neighborhood and make it even more attractive for people to live their.  Theatre Lofts are beautifully designed contemporary loft-style condominium townhouses that are fresh and vibrant and will give a whole new look to Gottingen Street and the North End of Halifax.  I was so impressed with this project that I am thinking of purchasing a unit myself.  The development team is Atlantic Developments Inc.  and the architect is Michael Napier an award-winning designer of … (2 comments)

halifax real estate: Now is the time to Act On Home Renos! - 02/06/09 10:28 AM
It could not be a better time to start to renovate your home.  The government has recently announced a new program to help home owners with renovation projects.  Coupled with the the Eco Energy retrofit grants, this makes renovating your home not only logical but economical as well. 
Below is a list of a few highlights of the program
- 15 per cent tax credit of up to $1,350 for eligible renovations to home or cottage
- The credit can be applied to projects like a new kitchen or bathroom,  a new furnace, water heater, or a resurfaced driveway. Items like new furniture, appliances or … (1 comments)

halifax real estate: 4th Quarter MLS Stats Are In!!!!! - 01/29/09 04:24 AM
4th Quarter MLS residential stats for Halifax, Dartmouth and surrounding areas, released by Canada Mortgage and Housing Corporation.  Lets have a look at some of the highlights of this report.
Sales Decline but Prices Steady
# of Sales 6205 - down by 10.7% from last years record total of 6945
Despite the decline in sales 2008 remained above the 10 year average.
Dartmouth City had the most sales with 1669, only 4% fewer than 2007
Sales in Halifax City declined by 11%, Bedford-Hammonds Plains declined 15.6% and Sackville declined by 13.1%.  Fall River showed the largest decline in sales by 22%. … (0 comments)

halifax real estate: Nova Scotia Real Estate is Just Fine going into 2009!!! - 01/23/09 10:17 AM
A recent release from Nova Scotia Association of Realtors states that the real estate market in our province is still going strong.  2008 was another great year according to Robert Wambolt, President of NSAR.  See the below article
Nova Scotia Real Estate posts near-record results in 2008: NSAR
HALIFAX - The Nova Scotia residential MLS re-sale housing market defied national trends in 2008, posting near-record results for the number of units sold and the dollar value of residential transactions. The year also ended with a record residential average MLS price for the province and a record for the number of new … (0 comments)

halifax real estate: Halifax Real Estate Market 2009 Predictions - 01/02/09 04:43 AM
Predictions for the Halifax Real Estate Market 2009
The New Year is upon us and who knows what is in store for 2009.  2008 was a tough year on everybody.  With all the doom and gloom in the financial industry it is safe to assume that in 2009 we may be in for a rough ride here in Canada.   Hot Real Estate markets like Calgary, Vancouver, and Fort Mac Murray have seen a drastic declines in the number of sales and prices have tumbled.
What is in store for us in the Halifax Real Estate market?  In my professional opinion I … (1 comments)

halifax real estate: Atlantic Canada Leads the Way - 12/09/08 07:19 AM
Atlantic Canada Still Affordable/New housing starts down
With all the trouble surrounding the economy these days it is very nice to see a positive story for once.  After reading this article, the next article I read was how housing starts are down over last year.  It is hard sometimes to decipher what to think.  As I have said before Halifax prices have had only modest increases over the last 10 years not like some of the other Canadian markets.  I look for Halifax to continue this trend next year although probably not at the same pace.  Check out the articles below.
Atlantic market … (0 comments)

halifax real estate: Halifax Real Estate Market Update - 12/03/08 04:34 AM
Halifax Real Estate Market update, December 3, 2008
How has the real estate market in Halifax performed in the last two months?  With all the doom and gloom in the financial sector of the news lately I figured it would be a good time to look at the HRM real estate market as a whole compared to the previous year.
Halifax Real Estate market update for all areas of HRM  for October, November 2008.  Based on MLS stats for single family homes, condominiums and new construction.

Total Active Listings - 3063
As you can see from these numbers the market is definitely softening … (2 comments)

halifax real estate: Green Condominium in Halifax - 11/26/08 04:16 AM
Green Condos in Halifax
I was browsing through The Coast  weekly Halifax newspaper and noticed this project that Greater Homes is constructing on the Northwest Arm Drive.  Looks like a great investment and place to live. 
Located in a desirable area of Halifax, The Waterton is Halifax's first condominium project to use geothermal.  The Waterton condo project uses the breakout geothermal heating system that extracts stored heat energy from the crust of the earth.  Geothermal takes the guess work out of your energy costs by using renewable energy.
It is great to see projects like this in Halifax.  I think in the … (0 comments)

halifax real estate: Great News For Halifax Home Buyers!!! - 11/24/08 05:02 AM
Halifax Home Buyers Take Notice!!!!
Thinking about buying a home and not sure how the financial crisis will affect your purchase.  The Government of Canada is injecting 75 billion dollars to purchase Insured Mortgages.  This is great news for home buyers.  This should also help interest rates go down and make the purchase of your next home that much more affordable.  Below is a press release from the government. 
Federal Government's $75-Billion Purchase of Insured Mortgages Should Benefit Home Buyers
As part of its efforts to address the current financial crisis, the federal government announced that it will inject $75 billion of new money* … (0 comments)

halifax real estate: Halifax Housing Market Outlook - 11/14/08 04:47 AM
Canada Mortgage and Housing Corporation
Fall 2008
Economic Overview for Halifax
Halifax has had sound economic fundamentals in the past few years but the economy is starting to show signs of change.  Overall Employment in Halifax remains strong, rising 2 percent in 2007 and reached near record levels midway through 2008, however growth has moderated to 0.7 percent and is expected to remain near 1 percent in the next two years.
Metro Halifax is experiencing a high level of economic activity.  Commercial and residential construction projects have boosted the demand for labour.  Developments such as Dartmouth Crossing, Russell Lake West, the … (0 comments)

halifax real estate: Fall River Real Estate Market Update - 11/05/08 02:37 AM
 
How is the Fall River Real Estate market doing in the last 3 months?
Fall River Real Estate Market update for August, September, October 2008 for single family detached and semi-detached homes.

 Number of Active Listings - 131
The Fall River Real Estate market has slowed down in the past 3 months.  This has been a normal trend in a lot of areas of HRM.  Number of sales are down 33 percent over last year, a huge decrease.  The average price is also down slightly by 1.7%.  Right now we are seeing a buyers market although there doesn't seem to … (0 comments)

halifax real estate: Halifax Real Estate Historical Data - 10/29/08 05:08 AM
Today I am going to look at the average price in the Halifax Real Estate Market for the last 8 years dating back to 2000.  This should give you an idea of how the Halifax Real Estate market has fared over the years and where is it headed in the future.

Source: MLS data
 
The Halifax Real Estate market has had a very steady rise in price since the turn of the century.  The number of sales has remained relatively the same over that period.  This year we are on pace to be slightly behind last year's numbers which … (0 comments)

halifax real estate: Goverment announces money for Green Projects - 10/27/08 03:53 AM
$2.6M on the table for green projects
HALIFAX - Residential windmills and carbon-capturing concrete are two of 21 environmental projects to win government grant money.Mark Parent, provincial environment minister, made the announcement at the Power of Green conference in Halifax yesterday. "In terms of greenhouse gases, (these projects are) equivalent to taking over 10,000 cars off the road permanently, forever," Parent explained to reporters after his speech at the Cunard Centre.These were the winners picked by EcoNova Scotia for clean air and climate change. Applications were placed under two grant-giving programs for environmental technologies and municipal projects.This group of winners -the … (0 comments)

halifax real estate: Halifax Real Estate Urban Development Update - 09/15/08 08:32 AM
I came across this great forum today and I wanted to pass along the info that I found.   It is very useful and gives you a look into what is going on in Halifax, Dartmouth and surrounding areas with regards to development. 
PROPOSED:HALIFAX - DOWNTOWN | Roy Building | ~70m | 16 floors | N/A | 01172HALIFAX - DOWNTOWN | Hollis & Morris | ? | 10 floors | N/A | 01162HALIFAX - DOWNTOWN | 1860 Upper Water St. | ? | 9 floors | PH - September 16, 2008 | 01114HALIFAX - DOWNTOWN | Water Street Power Plant | … (0 comments)

halifax real estate: Halifax Condo Outlook - 09/11/08 03:59 AM
Halifax Real Estate Condo Update September 11/08
It looks like the downtown Halifax area can be expecting some exciting new condo projects coming on board in the near future.  Their are two major ones.  The first being The Trillium.  This condo building is going on the corner of South Park and Brenton.   A great location to say the least.  There is not a great deal information available yet.  Another one that has just passed council approval is The Alexander in the brewery market.  This project looks very exciting.  Stay tuned as more information becomes available.
A couple of other projects worthy to note … (0 comments)

halifax real estate: Canadian Real Estate Provincial Home Sale Statistics - 09/07/08 01:19 AM
Canadian Real Estate home sales for July 2008
Today I will be looking at other provinces and how their Real Estate Markets are performing.  I have created a table to show you the average prices in all provinces in Canada.   This will give you an idea of what markets are hot and what markets are cold. 
 
National Average 07 - $309,885
National Average 08 - $302,298
Based on MLS® Statistics
As you can see from these numbers, Atlantic Canada's average price continues to rise, none more so than Newfoundland.  The average price there went up by 18.7%.  Mainly due to the announcement … (0 comments)

halifax real estate: Halifax Real Estate Blog/ Multi Unit Market Report - 08/20/08 04:29 AM
Halifax Real Estate Market Report Multi Unit Buildings(4 units or less) based on MLS® data.
So today I figured I would look at something a little different.  I have many clients who have and are actively looking for multi unit buildings as another way to enhance cash flow.  There are things you need to look for when thinking of purchasing a multi unit rental.  Firstly you have to make sure that the building generates income, a lot of multi units on the market today just won't carry themselves and they are better served as an owner occupied so someone will help with the … (0 comments)

halifax real estate: Green Real Estate - 08/17/08 01:58 AM
 
The Globe and Mail recently published a great article on a proposed Green building/Home initiative in BC that could change the way we build homes in the future.  The idea is to have some new buildings to be  carbon neutral and leave zero foot print as early as 2016.  Here is the article, pretty cool I think;
 
VANCOUVER - British Columbia is escalating its war on greenhouse gases, examining a measure that will require some new buildings to be carbon neutral as early as 2016 - and every new building to have no carbon footprint by 2020.
The proposal is tucked inside the … (1 comments)

halifax real estate: Halifax Real Estate Blog/ Friday Random/ - 08/15/08 05:29 AM
My Friday Random Post
So another weekend is upon us and another Friday Random blog post.  Today I think I am going to mix it up totally and blog on something completely different.  A few years back before I became a Real Estate agent I was a Golf Professional working on cruise ships sailing around the Caribbean.  Yes it was lots of fun.  In that time I would hazard to guess that I gave upwards to 500-1000 golf lessons using the V-1 coaching system, So I have pretty much seen every golf swing out there and every bad habit a golfer can make.  … (0 comments)

halifax real estate: Halifax Real Estate Blog/Dartmouth Market Update - 08/13/08 04:47 AM
Halifax Real Estate Blog/Dartmouth Market Update
Dartmouth Real Estate market report for July 2008 based on MLS® data
Dartmouth Real Estate market report July 2008 for areas 10-17 which encompass all of Dartmouth.  Single family detached and semi detached including new construction.
Total Active Listings - 685
The Dartmouth Real Estate market continues to be one of the hottest areas in Metro.  The number of sales are up by a whopping 34.5%, one of the only areas to see an increase like this.  The average sale price is also up modestly at 2.8% which is lower than the rest of HRM.  … (0 comments)

 
Andrew Perkins (Keller Williams Realty)

Andrew Perkins

Halifax, NS

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Keller Williams Realty

Mobile: (902) 488-0012

Fax: (902) 431-1948



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