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Capital, BC Real Estate News

By Darrell Backen, Digital Marketing
(Darrell Backen 1.855.216.6010)
Wizard Security Screens Victoria 493 Burnside Rd E, Victoria, BC V8T 2X6 (250) 384-8931security screen, security screens, security door screen, security door screens, security window screen, security window screens Serving : Wizard Security Screens Victoria 493 Burnside Rd E, Victoria, BC V8T 2X6 (250) 384-8931 security screen, security screens, security door screen, security door screens, security window screen, security window screens Serving :Brentwood Bay, Central Saanich, Colwood, Esquimalt, Highlands, James Bay, Langford, Metchosin, North Saanich, , Oak Bay, Saanich, Saanich Peninsula, Saanichton, Sidney, Sooke, Swartz Bay, Victoria, Victoria Downtown, Victoria International Airport (YYJ), Victoria Island, View Royal, Western Communities, Chemainus, Cobble Hill, Cowichan Bay, Cowi...
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By Jay McHugh, YOUR SendOutCard Mentor
(SendOutCards-Appreciation Marketing Expert)
  Let's Make This The Best Week Of The Year! Welcome all to this edition of The Monday Morning Message.  Today is a day that reminds us that people are the ones that make a difference in our world.  People, one by one, decide that a change is needed or something needs to be done and they work to make a difference.  We do not all have to be political figures or national leaders for any particular cause, but we can all make a difference in our communities.  This week continue to work on building stronger family relationships, better businesses, healthier body's, and more powerful minds.  Also, find ways that you can contribute and serve where you are.  Can you donate time to help an organization?  Can you donate some extra things you may have that will make a difference to someone else?  ...
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By Ted Tyrrell, Selling Homes in Beautiful Victoria
(RE/MAXCamosun (Chatterton))
Canadian Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. Dec. 20, 2012 Canadian Bank Prime Rate is currently 3.00%. CanEquity Mortgage is offering 2.99% APR on a 5 year fixed closed mortgage. The Toronto Stock Exchange (TSX) was down 14.92 points closing at 12,388.71. Canadian/US Dollar Exchange Rate rose 9 points to close at 1.0129 USD. 1 Canadian Dollar = 1.0129 US Dollars.
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By Fred Carver Real Estate Consulant, Accredited Real Estate Consultant
(Retired BC Realtor)
SOUTH OAK BAY REAL ESTATE APRIL MARKET UPDATEApril 20-12 I thought I would share the Current Real Estate Market Activity in South Oak Bay for the month of March.South Oak Bay is a Very Popular neighborhood to Live in Victoria,Currently there are 32 Pending Home Sales in South Oak Bay with an current average Pending Home Selling Price of $863,807  Total Average Days on the Market of 28 DaysCurrently there are  77 homes in South Oak Bay For Sale with an Average List Price of $1,141,993Selling a South Oak Bay Home in the Near Future? Call Me and Find out what I do to Sell Oak Bay homesOak Bay Real Estate, Oak Bay Homes,South Oak Bay Homes for Sale, Oak Bay waterfront homes for Sale, Oak Bay Realtor
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By Edward & Celia Maddox, EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD
(The Celtic Connection Realty)
The Celtic Connection Team at Solutions Real Estate is proud to announce their website featuring homes specifically in Maricopa Arizona. The website can be viewed at Maricopa Arizona Homes and features Maricopa Arizona homes for sale, Maricopa Arizona real estate, a search for Maricopa Arizona bank owned or foreclosures, Maricopa Arizona Golf Course Homes, and Maricopa Arizona Swimming Pool Homes. There is also a page that provides a real time update showing Maricopa Arizona properties that have been newly listed or had price changes. An Example of Great Home Purchase in Maricopa AZ: 1-story 3 Beds 2Baths: 3 / 2 SF: 1,928 Built: 2005 $110,000 The city of Maricopa, AZ, is located south of the Phoenix Metro area in a natural-scenic community, offering views of the popular Superstition Mou...
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By David Langlois
(One Percent Realty Vancouver Island)
In the last few days most homeowners will have received their property assessments in the mail.  One thing to remember is that the value on them is intended to reflect a market value from July 1st of last year - not current market value.  In fact, as I've written many times, assessed value rarely ever reflects accurate market values, but I won't harp on it here again.
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By David Langlois
(One Percent Realty Vancouver Island)
During negotiations it's easy for sellers to get fixated on the little things.  The washing machine, the new stove that you love, even the drapes that match your couch can become immovable negotiating points in what is often a very emotional process.   If you feel that happening it's important to take a step back and consider the big picture of why you're selling, where you're going and how the conclusion of the process is going to make you feel.  If you let that appliance or fixture become a matter of principle then the deal is likely doomed, which is something you may well regret a little further down the road.
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By David Langlois
(One Percent Realty Vancouver Island)
Real estate agents are sometimes like tequila shots.  The first one burns a little and leaves a strong taste, the second one is smoother but doesn't agree with you completely.  And it's the third one that finishes off the job!
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By David Langlois
(One Percent Realty Vancouver Island)
More and more we are seeing buyers being offered incentives to write offers with particular sales agents.  You've all seen the ads that go something like, "You find the House, I'll write the deal and we'll split the commission", or some artfully worded variation thereof. Other than being a questionable practice in some jurisdictions, as a broker from another province pointed out to me today, I wonder where this practice is leading, and of what real benefit there is to the average consumer. You might have noticed that I said buyers were being induced to write offer with, not work with, certain agents.  i don't get the impression that these agents do in fact "work" for their "clients".  I wonder whether they enter in limited service contracts in an attempt to mitigate their fiduciary duti...
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By David Langlois
(One Percent Realty Vancouver Island)
Breaking the Real Estate Code - If that downtown condo you're looking at is "within easy walking distance of all amenities, shopping, cafes, restaurants and entertainment", then chances are there's no parking. 
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By David Langlois
(One Percent Realty Vancouver Island)
If you're looking at properties up to a certain price point, don't be shy at looking at ones 5 or 10 percent above your price limit, both to help you get a fix on the market and to ferret out possible deals you might be missing.  A property is not necessarily worth what it's listed for, it's worth what someone will pay for it.
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By David Langlois
(One Percent Realty Vancouver Island)
Landscaping is an integral part of staging.  Curb appeal can be greatly enhanced by trimming back bushes, clearing vegetation from cracks and mowing and edging the yard.  I'm not talking about replanting the garden and building a new fence, but sprucing up what you do have to present a clean look will go a long way in aiding your properties presentation. If you can only do one thing then make sure to pick up the dog poop!  Seriously nothing turns off a potential buyer faster than dog poop.
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By David Langlois
(One Percent Realty Vancouver Island)
Helping you break the real estate code.  Cosy means it won't fit your big screen TV.  Charming means it won't fit any of your stuff!  It's fun reading between the lines.
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By David Langlois
(One Percent Realty Vancouver Island)
Sometimes the value of a strata fee in mortgage dollar terms can mean the difference between purchasing a condo or townhouse and purchasing a single family home.  If the strata fee is $300 then in mortgage terms it's worth around $80,000, which might make the difference.
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By David Langlois
(One Percent Realty Vancouver Island)
Foundations and furnaces are more important than furnishing and fixtures.  In other words a dishwasher is easier to replace than drain tile.  Don't be distracted by the shiny appliances and be sensible in your critique of any home you're considering.
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By David Langlois
(One Percent Realty Vancouver Island)
The number that most people will seize on from 2011, in the most recent press release from the Victoria Real Estate Board, is the average price of a single family home dropping fromm $647,063 in December 2010 to $592,582 in December 2011.  This seemed like a pretty big spread so we need to look a little further into these numbers. After excluding the gulf islands and the Malahat and up island areas that had listings on our Board's service we find that the Greater Victoria Average Price in December 2010 was closer to $642,000 and in December 2011 was $600,000.  A little bit better.  But if we go further still and look at the average price from all of 2010 and the average price from all of 2011, without breaking it out monthly, we find that the 2010 average price is $641,739 and the 2011 ...
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By David Stevens, Royal LePage Coast Capital Realty
(Royal LePage Coast Capital Realty, Victoria BC Canada)
Victoria Day (Monday May 23 this year) is a statutory holiday in Canada, except for the Atlantic Provinces (why not the Atlantic provinces? I don't really know!)       This coming long weekend (May 22/23) is a lasting reminder of our colonial history. It falls on the weekend before Memorial Day in the United States. Victoria Day is officially the Sovereign's birthday. It dates back to 1845 with Queen Victoria's birthday. After the Queen died, Parliament established May 23 or 24, as a legal holiday. Since 1952 the celebration of Victoria has made the event the first long weekend to start the summer season. So, naturally we're all hoping for sunny weather, especially after our cool spring.         The city of Victoria celebrates with many events, starting with the Island Farms Victoria Da...
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