October 17, 2014
We're rapidly approaching the end of 2014! I know it seems early to say but Hallowe'en is just around the corner and then before you know it Christmas will be here. Decorations are in the stores already, vying for space.
Some exciting news from my new Brokerage, Newport Realty. Two pieces actually - we have just finalized our affiliation with Christie's International. We are now the Western Canada Representative for this very presitigous and world-wide organization. We remain locally independent but now have some wonderful opportunities for marketing abroad. And, speaking of local, we are opening a new office in Sidney (BC) in early November. If you happen to find yourself wandering the streets of our lovely sea-side town, drop in and say hello to the Newporters who will be manning our new office.
The real estate market continues to be strong with sales up but inventory down. Not much to choose from it seems, which is making it a bit challenging for buyers. As of this this moment there are only 3,917 active listings but sales for October continue to remain on par with October 2013.
If you're looking for a fixer-upper, either to flip, rent or live in, come and check out my new listing at 1726 Bay Street. I have an open house there on October 18th from 2:00-4:00. It's a lovely old place that needs some TLC.
Open houses are a great way to get introduced to what's available in the market but be sure to stay true to your REALTOR® if you're already working with one. Tell the agent at the Open who your REALTOR® is and then don't tell them anything else - they don't owe you any agency obligation and if you ultimately decide you want to offer on the property, the listing REALTOR® is obligated to tell their client everything they know about you - make sure they don't know anything important! For a list of my upcoming Open Houses check out my Open Houses page. For most of the open houses going on in Victoria, click on the OpenHousesVictoria button for a comprehensive list. This is a great website for up-to-date information - check it just before you head out to open house - there may be new additions or some may be cancelled at the last moment.
Interesting Articles in the News
Please have a look at my In The News page for interesting articles about the real estate market in Victoria and around British Columbia.
For immediate assistance please call me at 250-385-2033. I look forward to meeting you.