February 2011 Comox Valley Sales Stats
Market Normalization for VIREB area NANAIMO, BC – Multiple Listing Service® (MLS®) sales summary data released by the Vancouver Island Real Estate Board (VIREB) for February 2011, shows a 3% decline in unit sales compared to February 2010 but a 36% increase over last month. HERE ARE THE SALES STATS FOR FEBRUARY, 2011 FOR THE COMOX VALLEY AREA: 02-feb_11_comox_valley_home_sales_map 02-feb_11_comox_valley_graphstats Likewise the average price of a single family home sold in February 2011 through the VIREB MLS® system was $338,882 down 1% from the $342,047 posted in...
Read MoreGetting your house ready to sell
When getting your home ready to sell, you need to look at your house in a new way. Think of your house as a product about to go on the market where it is probably competing with brand new housing. It needs to show well – which means clutter-free and well kept. Today’s homebuyers lead busy lives and may not be interested in taking on major repairs or improvements upon moving in. You need to make your house a “10”. This document will help you spot what is right and what is not so good about your “product”. It will give you the opportunity to take corrective action to ensure...
Read MoreAce your septic inspection
By Preston Mane The septic tank is a very delicate feature of a house despite its size and its nature and it requires some very specific practices to keep it in good working order. Performing an inspection on a routine basis is vital to maintaining the tranquility of its processes and the effectiveness of its design. A common septic tank inspection that hits all of the major points should include the following items: 1. An inspection of the tees and baffles of your septic system. The baffle is an important connection on the outside wall of your system, which is melded into the exterior...
Read MoreCREA Revises Annual Resale Housing Forecast
By mcherun OTTAWA – November 5, 2010 – The Canadian Real Estate Association (CREA) has lowered its forecast for home sales activity via the Multiple Listing Service® (MLS®)Systems of Canadian real estate Boards and Associations for 2010 and 2011. Sales activity in the third quarter of 2010 began on a weak footing, but gained traction as the quarter progressed. Improving momentum for home sales activity suggests the resale housing market is stabilizing, but weaker than expected third quarter activity has reduced CREA’s annual forecast. National sales activity is now expected to reach...
Read MoreRenewing Your Mortgage
Renewing Your Mortgage – A Valuable Opportunity Think of your mortgage renewal as a valuable opportunity. A chance not only to take advantage of today’s great rates, but also get a mortgage product that better fits your current needs. When you receive a renewal form from your current lender, don’t simply sign it without knowing all your options. If you do so, you could be paying a higher rate, and end up with a mortgage that might not be best suited to your needs. Instead, talk to a mortgage professional. He or she will discuss your interest rate options, and can arrange a rate...
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Owen has lived in the Comox Valley for over 30 years. He loves the Comox Valley, and the people who live here! His strong negotiating skills and great personality make him the right choice for your real estate needs. 