It seems that the times of historic-low interest rates are behind us – for the foreseeable future anyway. So what happens if your mortgage is due for renewal in 2023? Maybe you are one of the lucky ones to lock in a 5-year rate at 2.0% or less over the last two years, and youContinue reading “What Do I Do If I Can’t Afford To Renew My Mortgage?”
Category Archives: Real Estate
Free Real Estate Seminar In Sooke: Buying Your First Home
Is 2016 The Year? Learn all about mortgages, real estate, and how to buy your first home Coming up Wednesday, January 27, 2016, you can spend a couple of hours with three of Sooke’s real estate and mortgage professionals learning about strategies you can use to get into your first home in 2016. The seminar isContinue reading “Free Real Estate Seminar In Sooke: Buying Your First Home”
Sooke Real Estate In Review 2015
Overall, 2015 was a great year for real estate in Sooke. Sales were up markedly, and prices also increased across the region. I’ve compiled a few statistics, and also the top five most-and-least expensive single family homes in Sooke this year. Finally, I’ll talk about predictions for 2016. Read on…
82% of Sooke Home Sales Unaffected By Federal Mortgage Insurance Rule Changes
This morning, federal finance minister Bill Morneau announced changes that his Liberal government is making to CMHC-backed mortgages in this country. The changes were hinted at by well known Canadian Mortgage Trends blogger Robert McLister back on December 1st. The actual changes aren’t quite what he had predicted, but are pretty close.
Sooke Real Estate Update – Fall 2015
Sales up, listings down. Prices…? It has been a busy spring and summer market for real estate in Sooke and all over the greater Victoria region. In the overall Victoria Real Estate Board trading area, sales as of August 31 showed a 21.7% increase in number of sales for August 2015 over August 2014, andContinue reading “Sooke Real Estate Update – Fall 2015”
Sooke Real Estate Information Night – Come and Learn!
Get educated about buying and selling real estate. Hear from three local experts about buying your first home, moving up, and more! When: Thursday, March 26, 2015 at 7:00pm Where: Best Western Premier Prestige Oceanfront Resort, 6929 West Coast Road, Sooke [map – street view] I’ll be joined by Sooke’s dynamic mortgage team, KerryContinue reading “Sooke Real Estate Information Night – Come and Learn!”
A Return to a Seller’s Market in Greater Victoria?
Yesterday, the Victoria Real Estate Board released statistics for February 2015. While the rest of the country contended with a seemingly never-ending winter, the cherry blossoms were out early in Victoria and vicinity, and so, apparently, were the buyers.
Sooke Real Estate Market Update for February 2015
Well – it’s been a while. Between being a busy dad, REALTOR®, 2014 president of the Victoria Real Estate Board, and a few other things, I certainly have neglected this blog. I’d like to start posting regularly again, even if it’s short bits and pieces. Let’s take a quick look at how the market hasContinue reading “Sooke Real Estate Market Update for February 2015”
Sooke Real Estate Statistics – Now With 100% More HPI!
In November of last year, the Victoria Real Estate Board released its MLS® Housing Price Index, or HPI. This is a statistical measurement that paints a more accurate picture of housing prices, by examining sale prices each month and using a data model to scrub outliers from the data set. Simply put, it is moreContinue reading “Sooke Real Estate Statistics – Now With 100% More HPI!”
SOLD | Langford Townhouse For Sale – 1550 sqft 3 bedroom 3 bathroom – 203 – 2731 Jacklin Road
SOLD | MLS® 328300 $369,900 Well maintained, perfectly-located 2009-built 3 bedroom 3 bathroom townhouse in central Langford. Just turn the key and move in – nothing needs doing here. With a location close to schools, shopping, recreation, and all commuter and bus routes, this is a compelling package!