Home Sales in Victoria Down, Inventory Up in June 2018

Home Sales in Victoria Down, Inventory Up in June 2018

There was a nearly 30 per cent decrease in home sales in Victoria in June compared to the same month in 2017. That’s according to the latest housing statistics published by the Victoria Real Estate Board (VREB). A total of 708 properties were sold in Greater Victoria in June 2018, 29.8 per cent fewer than […]

Why you should sell your home with an agent

Why you should sell your home with an agent

1. It’s not your full time job Unless you have the luxury of working from home or calling your own hours, it can be extremely challenging to rush home every time someone would like to come view the property. Chances are, your phone will be ringing with potential buyers and that’s the last thing you […]

Factors That Influence Home Value

Factors That Influence Home Value

ECONOMIC ENVIRONMENT * Interest rates * Oil Prices * Labor market * Vacancy rates * Canadian Dollar vs. US * Foreign ownership appeal SUPPLY VS. DEMAND * How many Buyers vs. Inventory * Quality of inventory? FEATURES OF YOUR HOME * Location * Community & Amenities * Floor Plan and upgrades * Overall condition and […]

How To Save Money In Interest & Pay Off Your Mortgage Fast

There are a few easy ways to make extra principle payments that can save you a ton of money in interest expenses and get you mortgage-free sooner than you thought possible. Here are a few simple strategies you can use: 1. Round your monthly payment up The results of this simple strategy can save you […]

Our tips on how to avoid a money pit

Our tips on how to avoid a money pit

Be on the lookout for these 6 warning signs that could mean expensive repairs… Many people think that serious defects in a home are easy to spot, but the truth is, often the most serious and costly problems can only be detected upon very close inspection. When you are considering buying a home, look for the following […]

7 costly mistakes home buyers make

7 costly mistakes home buyers make

Mistake #1 – Not having access to the same market information real estate agents have. Most buyers use Realtor.ca to search for homes. This website is great to create an interest but it lacks some key components. Not all listings are on this site are displayed & there is usually a delay of 24 hours. […]