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January 2017

Found 4 blog entries for January 2017.

Oops! Well my skiing and hockey seasons have been shortened this year and golf delayed until summer. 

After my bucket list epic heli-ski day last Friday, my son Cameron and I went up for a few turns on Blackcomb and Whistler with another friend Austin.

In the late afternoon we took the peak chair and dropped into beautiful Whistler Bowl mogul run in poor visibility with snow falling and in the clouds. Cameron went first and I followed in back as our friend was a bit unsure in the steep invisible bumps. Austin fell and I skied over to check on him, bounced off a couple unseen moguls (I've been skiing bumps by Braille for 43 years), hit one bump a bit awkwardly, turned, recovered then with significant speed hit a large, invisible and unmarked chunk of

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As the real estate market ebbs and flows, one aspect remains constant in these changing times, the increasing role of technology. We are constantly searching for opportunities to enhance your home selling or buying experience.

For 2017 we have launched our new and improved 3D virtual tour. Although we often embrace evolutions, we ensure that they are always adding value to the listings we market benefiting our clients, both buyers and sellers.

This technology is now ready to be introduced to our new listings as an upgrade to our listings and we are very excited to be incorporating it into our offerings, providing an opportunity to provide potential buyers a complete 3D virtual tour of your home online. Together with our professional produced home

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We shattered previous records ending the year with more than 10,622 properties sold in 2016. Without a significant increase in available listings we’re unlikely to see that repeated in 2017.

As expected with the recent trend, we ended 2016 in Victoria with the lowest available supply of listings we seen in decades. We were down to under 1,000 available residential listings at the year-end of a total 1,493 active listings which includes over 300 bare land listings and over a hundred commercial listings. In contrast, there were 2,517 total listings at the end of December 2015, which was already historically low!

There were just 471 sales in December, representing about half of the available inventory, or a two month supply. The lack of available

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Controlled by the BC Government Residential Tenancy office, rent increases allowable to take effect in 2017 are 3.7%, up from 2.9% in 2016. There is not a restriction when renting to new tenants. For assistance with determining current fair market rent, or market value, please contact us today.

Remember also that three calendar month written notice is required with the right form and that landlords can only increase the rent once a year by an amount permitted by law or an additional amount approved in advance by an arbitrator.

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