Real Estate News & Articles

Penthouse at Private Residences at Hotel Georgia, 699 Howe, Vancouver, BC gets sold for $18 million to a Portland Oregon Businessman

2007-10-24

Bruce Constantineau Sun An unnamed Portland , Ore. businessman has paid a record $18 million for a 48th-floor penthouse suite in downtown Vancouver . The 7,400-square-foot unit in the Private Residences at Hotel Georgia won't be ready for o…

RIM - maker of Blackberry mobile devices to sell in China - stock hits a high with Acatel-Lucent deal

2007-10-24

David George-Cosh Sun TORONTO -- Investors sent Research in Motion Ltd. stock to a record high Tuesday -- at one point making it Canada's most valuable company -- after it revealed it had partnered with telecommunications giant Alcatel-Luce…

Rich slumlords keep tenants in squalor

2007-10-23

Pete McMartin Sun A roof leaks. Rainwater floods apartments. Ceilings sag, water fills light bulbs and electrical outlets. City inspectors rush to the scene. It is an old apartment building, owned by landlords famous, or infamous, for the d…

Techno wages on the rise

2007-10-23

Sun Technology professionals, take heart. You can expect an average 3.7-per-cent pay increase next year, according to a national survey by Robert Half Technology. Workers most in demand -- project managers, applications and Web developers, …

Countrywide will rework $16B in mortgages

2007-10-23

Noelle Knox USA Today A house under foreclosure in Burbank, Calif. Countrywide says its modification of loan terms will help about 82,000 borrowers. Countrywide Financial announced Tuesday that it will restructure or refinance $16 billion i…

Microsoft surrenders to demand to share Windows - Decision ends three years of wrangling and closes dark chapter in EU relationship

2007-10-23

MATTHEW NEWMAN Sun BRUSS E L S , B elgium — Microsoft Corp., whose software powers about 95 per cent of the world’s personal computers, gave in to European Union demands that it help competitors connect to the Windows operating …

Whitecaps should look south for stadium

2007-10-21

Mayor would be happy to talk to team about site Brian Lewis Province The Vancouver Whitecaps have spent much time and money over the past few years trying to put their proposed downtown Vancouver stadium in the back of the net. But shots to…

Houses of Horror

2007-10-21

New book reveals the dark and dorky side of real estate Paul Luke Province Tom and Kerrie Everitt have compiled a book of strange tales from the real-estate industry called True Real Estate Stories. Photograph by : Jason Payne, The Province…

Deck unlikely to remain

2007-10-21

Tony Gioventu Province Dear Condo Smarts: My wife and I bought a top floor apartment unit in Vancouver about a year ago. There was a very large roof-top deck which we considered to be a significant asset. Unfortunately we never contemplated…

Home prices up in West

2007-10-21

Sun The Canadian Real Estate Association says the average price of a home in the Real Estate Board of Greater Vancouver's region went up 12.6 per cent from September of last year to September 2007, but while that gain may seem large to thos…

Play before you print on portable photo centre

2007-10-21

Gillian Shaw Sun HP Photosmart A826 Home Photo Centre Cavius Travel Alarm HP Photosmart A826 Home Photo Centre, $270 This portable compact printer packs a lot of fun into photo printing, with a seven-inch (18 cm) touchscreen and stylus that…

HIGH DEMAND HEATS UP HIGH-END MARKET

2007-10-21

Sun Demand for premium properties was expressed robustly last weekend, with buyers snapping up releases in hours. Buyers from across Canada , the U.S. and even the U.K. bought 20 of the first 25 building lots released by Revelstoke Mountain…

Microsoft has launched Communications Server 2007 & Microsoft Office Communicator 2007 to intergrate the computer & phone systems

2007-10-21

Province The battle is on for unified communications, the new trend in office technology that promises to erase the boundaries between the computer and the telephone. Equipment and software vendors are pushing to convince companies that the…

'Water' homes have an Olympic look

2007-10-20

Athletes will stay in the homes while competing in 2010 Winter Games Michael Sasges Sun At last count, the Millennium Water sales and marketing campaign organized by Bob Rennie, here in the recently opened sales centre, had received more th…

Okanagan house prices discourage residents

2007-10-18

As with Metro Vancouver, Kelowna, Penticton are out of reach of locals Michael Kane Sun Average home prices across Metro Vancouver are expected to surpass $600,000 next year -- and that's in a market supposedly slowing down. Kelowna -Centra…

Despite impressive restoration, menu fails to impress

2007-10-18

An attempt to invoke a bygone era in a heritage building comes up short when it comes to the food and the service Mia Stainsby Sun The Transcontinental has a lively bar area and an impressive setting, although the dining room lacks personal…

Aroma of hot and spicy soup a good reason to Go Thai

2007-10-18

Menu features five curry dishes with different vegetables and spices, all cooked with coconut milk Stephanie Yuen Sun Owner Matchima Noikumta of Go Thai. 'We love to serve special seasonal and original dishes using very authentic ingredient…

Menu jumps global borders

2007-10-18

Diners get great value at self-taught chef Pamela Ong's intimate Asian restaurant Mia Stainsby Sun Waitress Rachel Chou holds the house special fried rice (front) and satay chicken. Photograph by : Stuart Davis, Vancouver Sun When I comment…

Mumbai on the mountainside

2007-10-18

It's all about the complexity of the spicing Mark Laba Province Chef/owner Lalit Sharma, left, and wife Kiran Sharma at their North Vancouver Indian restaurant, Mumbai Masala. Lalit holds garlic naan and tandoori prawns and lamb, Kiran hold…

WiMax rides wave of surfing technology

2007-10-18

Leslie Cauley USA Today A WiMax tower and base station on a downtown Chicago rooftop Ultra-hip fashion designer Nanette Lepore , famous for her saucy minis and sky-high platform shoes, has added one more item to her "It" list this fall: a h…

Credit crunch taking a toll, Bank of Canada says

2007-10-18

HEATHER SCOFFIELD Other OTTAWA — The global credit crunch is taking a toll on Canadian banks' balance sheets, and has prompted lenders to curtail their credit, the Bank of Canada says. "Canadian financial institutions are facing subst…

Leopard, Apple's new OS, could stalk Windows sales

2007-10-17

Jefferson Graham USA Today Oct. 17- Jefferson Graham discusses Apple's operating system Leopard with analyst Mike McGuire. LOS ANGELES — A Leopard is set to join the Apple family, the latest in a string of animal-named products aimed …

Slow and steady growth forecast for residential real estate

2007-10-17

Canadian home sales to top 500,000 in 2007 Sun After posting extraordinary gains in 2007, housing market performance will moderate in most major Canadian centres in 2008, according to a report released today by RE/MAX. The RE/MAX Housing Ma…

Demand for luxury homes through roof

2007-10-16

123 houses sell for more than $3 million in Vancouver area alone Frank Luba Province A $25-million home in Shaughnessy. Sales of luxury homes in B.C. are hot. So far this year 59 homes have sold for more than $3 million in West Vancouver, a…