Buy Home

September 2018

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To view the gender reveal click here: VIDEO

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Summer Time Fun 

The summer has flown by... How is it already September?! Lots of new updates. We found out we are having a girl (GIRL POWER). We went "Glamping" with Revy RV in Tofino (see dirty photo of family above) and stayed at the Marco Polo Inn  located in Victoria on the Island. Both are experiences I would recommend. I have also had the opportunity to work with many wonderful clients this summer. In recognition of my success I reached the top 10 at Century 21 Bamber, a huge milestone. I've also partnered with The Emma House, a local charity. I have committed to making a donation to them on every deal.  

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Market update

In the real estate market, a stricter lending criteria along with higher interest rates have affected sales over the first half of 2018. This decline in sales was greater than anticipated. 

"Easing sales combined with rising inventories has pushed the market into an oversupply situation for all products, affecting pricing for all products, which include detached, semi-detached and row, and apartment," said CREB® chief economist Ann-Marie Lurie.

"Overall, prices are expected to ease by over one per cent across the city, with expected declines ranging from 2.5 per cent in the apartment sector to nearly one per cent in the detached sector."

"Prices were not expected to improve this year. However, supply has not adjusted fast enough to weaker than expected demand. This is causing us to make a downward revision from earlier estimates."

Sales have continued to slow year-to-year and have been met with a rising number of new listings on the market. It is unlikely the issues of oversupply with correct this year, which has caused price easing across most product types. 

"This is a market where a solid pricing strategy will make a sellers' home more attractive," said CREB® president Tom Westcott. Therefore my strategy has been to price homes competitively based on this market for my clients personal sales goals and timelines.