RE/MAX Oceanview Realty | 604-885-4313

 
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RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Feb 25 – March 3, 2014  

Current financial conditions present a challenge for investors. Interest rates on tem deposits are currently low… The stock market is not for everyone... Have you thought about real estate? Lower prices again favour rental investments. There are homes on the market under $300K. With a decent down payment, the rent covers the mortgage and then some. Of course, like any investment, a rental property requires supervision. Care must be taken in selecting a tenant and regular maintenance is essential. But there is no doubt that rental properties can play a major role in your investment plan. We follow the market on a daily basis. We watch for suitable rentals and quickly pass along the info to our clients. Call us in you’re interested in knowing more.

 ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  10 [SUNSHINE  COAST, ALL OFFICES]

DETACHED

ATTACHED

LAND

OTHER

6

2

2

0

PRICE RANGE

0 - 300K

$300K - $500K

$500K - $1M

$1M+

5

4

1

0

AREA

PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

1

1

4

1

3

 NEW LISTINGS THIS WEEK: 35                       PRICE REDUCTIONS

DETACHED

ATTACHED

LAND

 

        15

25

5

5

 

 

CURRENT LISTINGS:   1088

DETACHED

ATTACHED

LAND

LOW – HIGH

601

152

335

745   -   1390

 

DET’D  SALES to LIST  RATIO*:  4%

                             4 %                         15%                  22%

SALES TO

LISTINGS

RATIO

  

    

       

  BUYERS

  MARKET

 

 BALANCED

                          

        SELLERS 

        MARKET

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

 

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