Victoria Real Estate

Anyone who is looking to purchase a property in the Greater Victoria area in the last few months is bound to have noticed how quickly homes are being snapped up, and the rise in instances of multiple offer situations.I've pulled together the following information to help you increase your chances of homeownership in our hot market.  ...

In order to keep up-to-date of real estate trends in Greater Victoria below you will find listing and sale statistics for Saanich and Victoria.  For all other areas (Western Communities, Pennisula, etc.) please do not hesitate to contact me at 250-477-7291.SINGLE FAMILY HOMES – SAANICHCurrent Active Listings - 160New Listings ...

1. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®. 2. Equity. Money paid ...

- Don't be in a hurry. This is a big decision and committment. You want to be sure the property you choose is somewhere you will feel at home for at least the next 2 to five years. - Know your mortgage options. Talk to a mortgage broker and determine the best mortgage terms for your personal situation. Plan for the future and watch your ...

On February 19, 2008, the government announced changes to the First Time Home Buyers' Program.  Effective February 20, 2008, the fair market value threshold for eligible residential property under the First Time Home Buyers' Program has been increased to $425,000, from $375,000.  A proportional exemption is ...

Are you using your hard-earned cash to pay the landlord’s mortgage?  Wouldn’t it be nice to use that rent money to buy a home of your own?  Moving out of the rental market and into home ownership is a big step. For most people, a mortgage is the biggest financial commitment they will ever make. But this big leap into home ...