And there is still one more month to go!
One billion dollars!!
Hello Hamilton real estate investors,
Here’s a summary and my analysis of the article:
- 2010’s new record $1 billion in building permits surpasses the previous mark by about $200 million.
- Just under 50% is commercial and industrial > these structures will house permanent JOBS
- Driving factors: HST and new, higher development fees > builders took out permits early to avoid increased fees > higher development fees = higher cost for building new homes and will drive up the cost of resale homes
- Construction values have been increasing steadily since 2001 and this boom year is a symptom of Hamilton’s stable, diversified economy.
Click Here for the full article
Till Next Time – “It’s my life, it’s now or never” ~Bon Jovi
Real Estate Investment Adviser
p: 416-848-6293 x 211
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Erwin has been investing in real estate since 2006 and is a highly decorated investor and realtor. His list of awards and accomplishments includes:
â€¢ FOUR time consecutive finalist for the Michael Millenaar Memorial Award and 2013 WINNER for his leadership and contribution to the Real Estate Investment Network community.
â€¢ TWO time finalist & 2015 WINNER for Realtor of the Year for Ontario by the Real Estate Investment Network
â€¢ TWO time finalist & 2016 WINNER for Real Estate Agent of the Year by Canadian Real Estate Wealth Magazine
â€¢ REINâ„¢ Ambassador (Endorsed Realtor by REINâ„¢)
â€¢ Silver award recipient by the Real Estate Investment Network
â€¢ 2013â€™s Top Player Award by the Real Estate Investment Network
â€¢ Regular contributor to REINâ„¢ Real Estate Report and Canadian Real Estate Wealth Magazine
Erwin has owned and still owns numerous investment properties: single family, renovate and hold, multi-family, multi-family conversion, and student housing. He left his corporate job at â€œBig Blueâ€ to pursue his passion as an entrepreneur in investment real estate. Heâ€™s been featured in the Hamilton Spectator and been a guest speaker at several investment networks and has coached numerous successful real estate investors by focusing on economic fundamentals and financials.