Mere Posting Success and Fails of 2016 in Victoria, B.C.

It really doesn’t make sense to cancel a mere posting and re-list for a lower price with a full commission brokerage!

Encore by Bosa approaches a sellout!

The sales pace at the Encore (at Bayview Place, Saghalie Road) has been dramatically different than that of the Promontory.

Identifying solid pre-sale condo purchasing opportunities in Victoria, B.C.

Ideally you want to be buying a pre-sale unit at a discount compared to an equivalent completed unit in a similar building and in a similar location.

Why are similar condo buildings appreciating at different rates downtown Victoria, B.C.?

The answer is transient zoning.

Will we have a supply problem with downtown Victoria, B.C. condos?

The three major condo projects downtown Victoria are nearly sold out.

Building a new house in Victoria, B.C.? Install a Nema 14-50 in your garage!

During the rough in stage installing a Nema 14-50 in your garage won’t cost you much.

B.C. to end self-regulation of real estate….maybe not a bad idea.

Just look at REALTOR® advertising.

Constructing an Owner-Built Home in Victoria, B.C., Part #36 – NEW HPO Owner-builder Exam?

As of July 4th, 2016 owner-builders in B.C. have to write, and pass, an exam for their application to be approved. The dumbest thing I’ve ever heard off.

Is it time to sell rental properties in Victoria, B.C. due to market value appreciation?

Market value of condos in Victoria, B.C., has gone up drastically in the last 12 months; however, rents haven’t gone up the same extent which means returns are dropping. Does it make sense to sell and re-invest the profits? Maybe not when you factor in transaction costs and capital gains taxes.

What do H&M T-Shirts and real estate commissions have in common? Nothing.

H&M T-Shirt pricing actually makes sense, real estate commissions not so much.