Found 10 blog entries tagged as nova scotia.

Did several weeks of lockdown change the way people think about high-rise living? It would not be surprising that a modern and minimalist space that once fostered feelings of freedom to do whatever you want quickly turned into the opposite - four walls closing in with COVID claustrophobia, causing you and your cat to figuratively and literally climb the walls.

Suddenly, the desire to live inside to avoid outdoor chores has been replaced with the desire to have outdoor space to complete those very same chores, but willingly. Time outside to have the privilege to achieve the same tasks that seemed taxing before. It's amazing how a slice of perspective can so drastically change your views on things you thought you'd figured out.

Condo sales in…

964 Views, 0 Comments

Before we talk about how challenging this market is for home Buyers, let's talk about what is causing this unprecedented demand.  The number of sales year over year are only up by 8% and that alone would not cause a substantial price jump.  However, prices have risen by 12% in the last twelve months and it is almost entirely down to a lack of supply. The number of listings available in September 2020 is down by a whopping 51% from 2019. It is down an even more alarming 64% from 2018.  There are simply not enough homes for sale to satisfy demand and this is causing an extremely competitive environment for home Buyers in and around Halifax.

The Landscape

Almost all homes that hit the market in Halifax are being put on a "program" by Real Estate…

1621 Views, 0 Comments

For those of you who don’t know me, my name is Chris Perkins and I’m the Broker/Owner of HaliPad Real Estate Inc.  I’ve been selling real estate since 2007 and moved to Halifax with my wife, Joelle in 2018.  We founded HaliPad Real Estate Inc that same year and opened an office on Gottingen Street, we’d love to have you stop by when things return to normal.

Now, before they return to normal, what does that mean for the local real estate market and how we do business. From a market perspective, things are more active than I was expecting.  We’ve written a couple of blog posts looking at new offers written and new listings in the past three weeks.  From March 16-22nd there were 133 offers written in comparison to 117 the year before.  From March…

150 Views, 0 Comments

Best practices from Dr. Robert Strang when buying or selling a home amid the COVID crisis

The Real Estate Commission reached out to the Office of the Chief Medical Officer of Health, Dr. Robert Strang, asking what advice they would convey to the real estate industry during the COVID-19 pandemic. It was recommended that we comply with the following information:
  • Social distancing, travelling in separate vehicles and not showing houses of those in self-isolation.
  • Frequent hand hygiene. Real estate licensees and buyers will be going into homes where the risk may be unknown. It is extremely important for these individuals to touch as little as possible during the viewings and practice hand hygiene before entering and after leaving the premise.

3378 Views, 0 Comments

 

Real estate sales are a lagging economic indicator.  It takes weeks or months for sales to feel the effects of shifts in other areas of the economy.  That said, it is currently impossible to predict how the current environment surrounding the COVID-19 crisis is going to change our local housing market.  However, we can comment on what as happened so far and we will continue to update statistics over the coming weeks to keep everyone informed as to what is going on.  

As you’ll note in the charts below, it’s too early for the real estate market to react to what has happened in the past week. It is also subject to significant change as the Government’s response to this crisis evolves on a daily basis.

Number of New Listings

New listings in…

3679 Views, 0 Comments

2019 was a busy year. Nova Scotia is seeing a boost in population from migration and immigration not seen since the 1970's.  Of the 35000 people who moved here in the last four years, between 95-98% of them settled in the Halifax area.  Because of this, our local real estate market has seen significant gains in every measure.  We have a 14 year record low number of listings and the average price this year has improved by a whopping 7% as of December 16/19.  

As the market tightens up, it's not only price that is affected.   The time it takes to sell a home is down by a third from four years ago and the number of sales is up by over 1000 at time of writing.  CMHC predicts our growth will slow moving in to 2020 as economic conditions are set to improve…

2379 Views, 0 Comments

 

After a lot of thought, you’ve decided your home is too big.  You haven’t seen the cat in days and the living room hasn’t been lived in for years.  The kids have moved out or you quite simply hate the idea of cleaning three bathrooms.  The reasons for downsizing are numerous, but the tactics to accomplish the goal of downsizing are very similar.  We simplify the downsizing process so you can focus on the things that matter most.

On November 26/19 join HaliPad Real Estate Inc. and renowned Organize Anything expert, Colette Robicheau to learn how to effectively right size your life.

Why you might want to downsize:

  •         Less upkeep and responsibility
  •         Financial freedom
  •         More flexibility
  •         Your…

468 Views, 0 Comments

 

What's the problem?

Without going into a great amount of detail, radon gas is not good for you and has been linked with lung cancer.  A recent survey published by Health Canada said that 7% of Canadians are living in homes with high radon levels.  Its an issue which has gained more attention in recent years, but its not yet getting the attention it deserves.  Radon levels are measurable and they can be mitigated fairly easily for a reasonable cost.  So why aren’t more people taking steps to do so?

Awareness

It’s difficult for people to grasp the potential magnitude of a problem when it is invisible.  If a roof leaks or an appliance stops working, you are very aware of it and will take steps to fix the issue.  However, when the problem is not…

540 Views, 0 Comments

Kitec Plumbing

Scary stuff.  Well, not really.  A highly publicized lawsuit settled in 2012 put a big black mark on that bright orange plumbing.  On a regular basis, I hear people talking about the product and the stigma surrounding it.  So I decided to call a reputable plumber to ask his opinion of the pipe and what the drawbacks are.  I am not a plumber and do not claim to be a professional in the field!  All information below is a regurgitation of the notes I took from our conversation.

There are drawbacks

This blog is not to claim the product does not have its failures.   My plumbing contact stated that failures occurred in systems operating at high temperatures between 180 and 200 degrees.  This is limited to hot water baseboard systems…

3750 Views, 0 Comments

Halifax Condo Living

There's generally a negative stigma that surrounds condo fees.  The majority of people I speak to think they are a waste of money and prefer the cheap ones to the more expensive.  Yes, some condo complexes are poorly run and the money collected from fees can be wasted or spent incorrectly. However, a well-managed condominium will use the fees to maintain the value of a property and in some cases, increase it as well.

You'll rightfully be wondering where the money goes.  Before you purchase any condo, you’ll be given the opportunity to review the condominium documents which will also outline the budget for the complex.  Keep in mind the reason for buying a condo is they can offer a low maintenance, worry free lifestyle.  After reviewing a budget…

406 Views, 0 Comments