Victoria Market Update - October 2023
Posted on Oct 13, 2023
While value of homes in Victoria remains stable, the cost to own continues to rise
A total of 493 properties sold in the Victoria Real Estate Board region this September, 20.2 per cent more than the 410 properties sold in September 2022 and a 9.4 per cent decrease...
New legislation affecting real estate in 2023
Posted on Oct 13, 2023
Article Courtesy of Royal LePage
This year, several new policies impacting buyers, sellers and real estate professionals in Canada were implemented. Here is a breakdown of the new policies, including important details that may affect your next move:
Federal policies
Prohibition on the Purchase of Residential Property by Non-Canadians Act (Foreign Buye...
How to support your kids during a move
Posted on Sep 15, 2023
Article courtesy of royallepage.ca
Moving can be a very exciting time for a family. The anticipation of new surroundings, opportunities and a fresh start can be quite enticing. However, moving is considered a major life event, and affects all children differently.If you are a parent who is looking for ways to help your child handle the moving proces...
Should you buy or sell your home first? Here’s how to decide
Posted on Jun 22, 2023
Article courtesy of Royallepage.ca
If you’re a homeowner who’s thinking about moving, then you’ve probably pondered the age-old question
— should I sell my home before I buy a new one, or buy my next property first?
Whichever option you choose, it’s an intensely personal decision that should take into account individual finances, risk tolerance and c...
The Rule of Three No's: Understanding its Significance for Home Sellers
Posted on May 23, 2023
As a home seller, it's important to be aware of various factors that can impact the success of your sale. One such factor is what i like to call the "Rule of Three No's," which suggests that if a potential buyer says "no" to a property three times during a viewing, the likelihood of them making an offer diminishes significantly.
The Rule of Three N...
The Rule of Three N...
Closing Costs
Posted on May 11, 2023
Don't Forget Closing Costs When Buying a Home
It is a must to keep in mind closing costs in addition to your down payment. These various charges can add up and, for the most part, they are all legally required payments in buying a property. These payments include:
1. Legal fees
Since a lawyer or notary public is an essential part of your home-buying...