Personal Safety – Complacency Can Kill

Good Morning Professionals, With the news on the front page of the Victoria Times Colonist this morning about the murder of 24-year-old Lindsay Buziak while showing a house, I’m sure we’re all thinking about our own experiences with clients that just didn’t feel right. Remember, if in doubt, get out. That sale isn’t worth it.Continue reading “Personal Safety – Complacency Can Kill”

Strong Start to 2008 Victoria BC Real Estate Market

Both sales and Listings up over January of last year. Sales of homes and other properties in the Greater Victoria area got off to a solid start in the first month of 2008. There were 464 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in January, up from the 442 sales inContinue reading “Strong Start to 2008 Victoria BC Real Estate Market”

Price vs Quality – How Much Does Marketing Influence You?

Wine and Real Estate – Is There A Difference? A recent study that was reported in the Times Colonist this morning suggests that people are highly influenced on their perceptions of quality by the price, which suggests that by simply pricing a particular product higher could influence its target market into perceiving it as higherContinue reading “Price vs Quality – How Much Does Marketing Influence You?”

Provincial Transportation Spending Plan Announced

Victoria area to get New RapidBus BC service from Douglas Street Corridor to Langford. The Provincial Government announced its new $14 Billion transit plan for British Columbia, some of which has been previously announced or funded. The announcement can be found here. Of particular note for Victoria and Langford/West Shore residents was the plan forContinue reading “Provincial Transportation Spending Plan Announced”

2007: A Surprising Year for Victoria and Sooke Real Estate

Year-end and December 2007 Statistics Released The Victoria Real Estate Board has released the December 2007 and year-end statistics: Real Estate Records Broken in 2007 The value of all property transactions through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) hit a new record of over $4.1 billion in 2007, up from $3.3 billionContinue reading “2007: A Surprising Year for Victoria and Sooke Real Estate”

Victoria BC Real Estate has Record year – December 2007 MLS® Statistics

Real Estate Records Broken in 2007 January 2, 2008 The value of all property transactions through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) hit a new record of over $4.1 billion in 2007, up from $3.3 billion in 2006. The value of single family home sales was over $2.5 billion while the valueContinue reading “Victoria BC Real Estate has Record year – December 2007 MLS® Statistics”

Strong and Balanced Real Estate Market for Victoria in 2008

Incoming President’s predictions for next year, and my interpretation. Tony Joe, 2008 president of the Victoria Real Estate Board, says the Victoria area housing market should remain strong and stable in the coming year. “During the past couple of years we have seen a return to a more balanced market. Demand remains remarkably strong andContinue reading “Strong and Balanced Real Estate Market for Victoria in 2008”

How to Sell Your Home in Black and White

Now here is somebody who tells it like it is This video is by Daniel Rothamel, a REALTOR® in Charlottesville, Virginia. If there is one thing that I am constantly trying to express to my clients when listing their properties, it’s to try and look at the place from a buyer’s standpoint. This is especiallyContinue reading “How to Sell Your Home in Black and White”

Another Large Condo Development for Langford?

Application sails through Planning and Zoning Committee this week. An ambitious proposal by a local landowner to develop a 6.5 acre parcel consisting of three separate lots on Happy Valley Road in Langford includes plans for daycare, commercial space, and 171 units of condominium and row housing/townhouses. Development cost charges paid by the developers areContinue reading “Another Large Condo Development for Langford?”

Home Prices Rise Modestly in Victoria, Vancouver: BCREA

News Release from the BC Real Estate Association: For immediate release Home Prices Rise Modestly in Vancouver and Victoria Vancouver, BC – November 21, 2007. British Columbia Real Estate Association (BCREA) reports residential sales volume on the Multiple Listing Service® (MLS®) in BC climbed 23.5 per cent to $3.40 billion in October, compared to theContinue reading “Home Prices Rise Modestly in Victoria, Vancouver: BCREA”