Blog

Buying Property Without Seeing it in Person - Category: Market Trends

Posted by Jack Barker

The past year has been difficult for many people, but restrictions on gathering in person have also given rise to technology we already had in place to be used differently.

Real estate agents and buyers alike have found that remote viewing is not only possible, but often more desirable for all parties involved.

The use of this technology means that the property can be staged at the seller’s convenience, and they don’t necessarily have to leave the property in order for remote viewings to take place. This also helps buyers who plan to move long distances make a purchase with no regrets.

Here are a few more reasons how and why you can buy a house without ever stepping foot in it. 

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Decrease in First-Time Buyers: March Updates - Category: Market Trends

Posted by Jack Barker

Much like 2020, 2021 has represented a uniquely challenging and unpredictable time for all of us, and that’s reflected in the most recent news out of the BC Real Estate Market. Here are some market trend updates to know about. 

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Sellers: Tips on Staging Your Home for Sale - Category: Market Trends

Posted by Jack Barker

If you’re looking to sell your home there are two things you need to know: what does the market look like in my area, and what can I do to make my home as appealing as possible to prospective buyers.

That’s precisely what we’re going to be taking a look at in this post, with an overview of how the Victoria real estate market looks after December 2020, and some tips on how to stage your home to make it as appealing to buyers as possible!

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Changes in the Market: December Updates - Category: Market Trends

Posted by Jack Barker

As we close out what has been a strenuous year for all of us, we’re ending our monthly roundups for 2020 with some positive news that perfectly sums up what has been a strange year for the BC real estate market. 

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Pausing Open Houses and EOY Prices - November Updates - Category: Market Trends

Posted by Jack Barker

This month’s news update will look to both the present and the future as we take a look at the latest changes when it comes to open houses, as well as the end of year projections from the BCREA. 

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Record Sales - October Updates - Category: Market Trends

Posted by Jack Barker

Our latest news update still comes to you from a place of uncertainty. With the pandemic still holding its grip on the housing market, and the economy at large, predicting even as far as next year remains a tricky proposition.

However, the news in the present does present some opportunities for homeowners and buyers alike. Let's take a look. 

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Positive Trends in BC's Property Market - September Updates - Category: Market Trends

Posted by Jack Barker

For this month’s roundup we figured that everyone could do with a healthy dose of positivity! Something that it seems has been in short supply throughout 2020, with that in mind, here’s a look at some of the positive recent trends in BC real estate. 

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Changing Priorites in Housing - More Space - Category: Market Trends

Posted by Jack Barker

Covid-19 is continuing to impact the housing market often in unexpected ways - in particular, changing the ways in which both buyers and sellers are organizing their priorities and desires.

In this post we’re going to highlight one example that is indicative of a larger future trend that will be worth watching over the coming months. 

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Record House Prices in Victoria - New Mortgage Rules Come into Effect - Category: Market Trends

Posted by Jack Barker

On July 1st the Canada Mortgage and Housing Corporation (CMHC) new mortgage rules came into effect. These changes are meant to reduce the risk of taxpayers footing the bill for bad loans, as well as protecting homebuyers who would be likely to take on too much risk in an economic downturn. 

These rules include: 

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How Might The Property Market Change After Covid-19 - Category: Market Trends

Posted by Jack Barker

As buyers and sellers return to the market (and with open houses and presentation centres now reopening, albeit with pandemic related safety measures in place), it’s a good time for everyone in real estate to consider if the near future will look different.

In particular, we’re going to look at how the priorities for buyers might change, and how that could affect the market. 

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