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Tag Archives: real estate

Strong Sales Activity Continues in Greater Victoria Real Estate Market

August 1, 2013 – Total real estate sales in Greater Victoria were up 11.5% in July 2013 over July 2012, the Victoria Real Estate Board reports.”Sales numbers are slightly lower than in June, but that’s part of our normal summer market cycle. When seasonally adjusted, our market activity remains strong for this time of year,”  Continue Reading »

Living in Cordova Bay – Victoria’s Seaside Secret

Look who also loves living along Cordova Bay Golf Course! Mattick’s Green condominiums (in the background) were built by Jawl Development Corporation and offer 1,700 sqft of quality construction, 2 beds/2 baths, family room off kitchen and most with views of the golf course, Mt. Baker & Salish Sea. Residents also have added perks with  Continue Reading »

Greater Victoria Real Estate Market Rebounds in 2nd Quarter

VICTORIA BC – For the third consecutive month, the Victoria Real Estate Board reports sales through the MLS® System remained strong with 65% more activity in the current quarter than in the first quarter of 2013. “With 664 sales this month, and 1,938 sales this quarter, the market is definitely rebounding,” says President Shelley Mann. “We  Continue Reading »

BC Housing Market Recovering From 2012 Slowdown

The British Columbia Real Estate Association (BCREA) reports that a total of 7,664 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during May, down 0.7 cent from May of 2012. Total sales dollar volume was 2 per cent higher at $4.1 billion. The average MLS® residential price in the province was  Continue Reading »

10 ways to turn off a would-be homebuyer

What a difference a couple of years makes. Back in 2007, homebuyers would be lined up to purchase your house and multiple offers were common place. Today, although we are trending towards a balanced market in Victoria, BC, buyers still have the upper hand and instead of buying, they’re waiting, convinced that housing prices will continue to drop. What’s  Continue Reading »

Should I buy now or wait for prices to fall?

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

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

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

 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

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 »