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March 2015

Found 4 blog entries for March 2015.

A recent example of an “underpriced house” that set a new price record

 

Vancouver house sells for $567K over listed price!

House at 65 E 26th Ave. was originally listed at $1.6M, sold for just under $2.2M

CBC News Posted: Mar 27, 2015 11:53 AM PT Last Updated: Mar 30, 2015 6:08 AM PT

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A Vancouver real estate agent who has just sold a home for $567,000 over its published listing price says that underlisting is an accepted selling strategy in the real estate market.

"If the product's right, the timing's right and the inventory is right, it's the right strategy," Paul Eviston told CBC News.

Nevertheless, Eviston said, he would hesitate from using the term "underlisted" in the case of the home at 65 E 26th Ave.,

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Marshall Please read Marshall's story and join us in helping: Marshal Huska is a 22 year old man with multiple brain masses. This is his story: I have searched long and hard through Canada, and have talked to multiple neurosurgeons, but none of the surgeons in Canada have even referred me to someone who has/can perform the deep brain surgery needed to excise the tumors. Because they are located directly in the center of my brain, on the pineal gland, a biopsy is out of the question. The surgery is called a Pineal Resection, and is considered one of, if not the most difficult neurosurgeries possible. Hence the astronomical cost. Because of a myriad of symptoms, most of my time is spent laying in bed, as it is too difficult to even accomplish daily tasks. While…
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  Logo for blog FREE Legal Fees and Home Inspection Costs One Stop Shopping with The Neal Estate Team* Use Our Preferred Contacts for Financing, Lawyers, and Property Inspectors and we will pay for those services on your behalf! Here’s what our clients are saying... ” I purchased an amazing home with the Neal Estate Team and I am not only thrilled with the professional and top notch service, my appraisal for the financing, Property Inspection, and a my legal fees were taken care of. Ron’s one stop shop program saved the day. I’m so Happy! Thank you Ron & your team! This made a huge difference with a tight budget and I can’t wait to move in”  - DB Final**With qualifying purchase with The Neal Estate Team as your Exclusive Buyers Agents. Together with your fixed term…
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  Ron’s Market Report Video Sales continued to gain momentum with a 30% jump in February over January with 542 homes sold. New listings continue to trickle in at a slower pace with the increase in sales bringing the net number of listings for sale at the end of February in Greater Victoria up to just 3,480 which is still lower than this time last year. The important ratio of sales to listings for our overall market in February was just 6.4 or a 6 ½ month supply. We are presently in a balanced market overall with some areas, property types and price ranges leaning more towards a seller’s market for the first time in several years! As predicted last month, the net effect for us of reduced oil prices, interest rates and our Canadian dollar us here in…
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