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December 2015

Found 3 blog entries for December 2015.

At this time of year many people consider not only how they can give to their loved ones but also how they can improve the lives of others. When considering how to give it can become overwhelming as we develop an awareness of all the areas of other’s needs.

Ron Neal has personal interest in giving back to his community by giving to BC Children’s Hospital (BCCH). Ron’s sister lost a newborn son with heart trouble who was cared for at the Hospital, and he’s seen first hand how BCCH helps BC’s sickest kids. Ron’s nephew also received intensive medical care from BCCH while in a lengthy coma as a teenager following a bicycle accident. Although he was wearing a helmet at the time the injuries he sustained required the kind of care only BC Children’s Hospital

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 How many of you would think that the holiday season is the wrong time to list your home for sale? This is a common misconception that we see among home owners, and I wanted to provide you the top 10 reasons why listing during December is a smart move.  If you are committed to selling your home, it can be an excellent time.  Most buyers that will be looking at your property during the holidays are often pre-approved by their lender, and tend to be more serious buyers that we see other times.  The reason behind this comes down to motivation.  Buyers during December often have a different motivation like using vacation time to search for property.  They're doing that because they have to buy, rather than want to buy.  Time is of the essence to these types

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Sales to Active Listings The weather may have cooled off but our real estate market hasn’t. The trend of increased sales and decreased listings continued through November with sales up again over the same month last year from 465 in 2014 to 573 in 2015, a 23.2% increase. At the same time the number of listings available dropped to only 2,952 at the end of November, down 18.7% from the 3,631 active listings at the end of November 2014 .

Our key indicator, the ratio of listings to sales edged up slightly to just over a 5 month supply, continuing to indicate a “seller’s market” with upward pressure on prices. The Victoria Multiple Listing Service “Home Price Index” shows a 9% increase from November of last year in the benchmark value of a single family home to $608,600 from

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