Keeping businesses open through Covid-19

Kingston Mayor Bryan Paterson recently called on commercial landlords to do what they could to help their tenants survive Covid-19. “The provincial and federal governments introduced a program where they would pay 50% of commercial rent for April, May and June as long as the landlord is willing to cover an additional 25%,” he noted…

The opportunity of a lifetime

You may be looking out at the world right now and thinking the last thing you want to do is spend money on non-essentials. Maybe you prefer to keep it all tucked away in the bank, or in the couch, or perhaps in the burgeoning toilet paper and hand sanitizer markets. Let me tell you…

A strong foundation for investment

If you’re watching the stock market right now, you might feel a bit sick to your stomach. You may be thinking you’d find a smoother ride at your local carnival or amusement park. If you’re looking for a safer investment, you actually don’t need to look that far away particularly thanks to our government. The…

Clipping AirBnB’s wings

I had an interesting meeting with my accountant recently. It was a bit of a wake-up call. And if you operate an AirBnB rental, or are thinking about it, you might have a wake-up call in store for you too. Let me explain. Most AirBnB rentals are residential properties that attract vacationers or visitors for…

Real Estate Roundup – June 26, 2019

Local Nudists, township start rezoning appeal battle The two sides in a rezoning dispute for a nude campground faced off in a preliminary hearing Tuesday morning. 2. Residents displaced from downtown Kingston condo building still waiting to return Fifteen units at Harbour Place, which is located at Ontario and Clarence streets, had to be evacuated over…

Buying a Brand New Home – Advantages and Disadvantages

Buying a Brand New Home – Advantages and Disadvantages

Posted on June 25, 2019

Jordan McGregor

What’s your guess? Do you think potential home buyers prefer buying a brand new home or an existing one?

While there are pros and cons to both, most people do still prefer an existing home over a new one. About 40% of home buyers like the idea of a new home, while 60% still prefer an existing one.