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Monthly Archives: May 2013

Should I buy now or wait for prices to fall?

Written on May 20, 2013 at 1:21 pm, by

Even though this article focuses on the Toronto condo market, the advice and information can be used for any real estate market including Victoria’s. I’m often asked this question if it’s the right time to sell or buy and it’s always a somewhat difficult one to answer as there are so many factors and individual  Continue Reading »

Housing Market Conditions Improve on the South Coast

Written on May 15, 2013 at 2:56 pm, by

The British Columbia Real Estate Association (BCREA) reports that a total of 6,904 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during April, up 1.9 per cent from March on a seasonally adjusted basis, but down 2.2 per cent compared to April 2012. Total sales dollar volume declined 3 per cent  Continue Reading »

History of Cole Island – West Coast Living at 210 Nia Lane

Written on May 9, 2013 at 12:01 pm, by

Better known by visiting boaters than by most Victorians, the picturesque little island at the head of Esquimalt Harbour has a unique history and even more encouraging future. Cole Island is in direct view from the south facing windows and decks of the waterfront home located at 210 Nia Lane in the quality enclave of  Continue Reading »

Study: Online real estate listings all about the first (superficial) impression

Written on May 7, 2013 at 3:08 pm, by

 Ninety-five per cent of people looking at home listings online view the first photo — usually an exterior shot — for 20 seconds. After that, it’s cursory glances at the other material, according to research from the Institute for Behavioral and Experimental Real Estate at Old Dominion University in Norfolk, Virginia. “Without an eye-catching photo,  Continue Reading »

Greater Victoria Residential Real Estate Transitions to a Balanced Market

Written on May 1, 2013 at 3:41 pm, by

VICTORIA BC – Weighing in on the best April since 2010, Shelley Mann, President of the Victoria Real Estate Board, is cautiously optimistic that the Greater Victoria is back into a balanced market. “Consumer confidence is increasing,” Mann says. “Our total number of sales for April is 615, a 5% increase compared to April 2012  Continue Reading »