As professional Realtors, we know the importance of pricing and we encourage our sellers to rely on our advice. That said, pricing can be an inexact science. Some properties are just more difficult than others to evaluate. They can be located in an area of slower real estate activity where there is insufficient data. Or there can be unique features that make comparisons unworkable. There is a way forward, though. We recommend beginning marketing with an asking price we suspect may be high. We then carefully monitor the reaction of the market. If we get enquiries and especially some showings, we’re comfortable staying with the initial price, at least for a time. However, if we don’t get any activity, we ask for incremental price reductions until such time as enquiries and showings develop. This is a reasoned and responsible approach and usually leads to a sale.

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

 SALES THIS WEEK:  26 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK:  53                         PRICE REDUCTIONS

CURRENT LISTINGS:   1318

 DET’D  SALES to LIST RATIO:  11%

                                                      11%     15%                    22%+

*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.

At the beginning of this year we expressed cautious optimism about real estate activity on the Sunshine Coast. December and January were improved over the previous year and we noticed an increase in enquiries and showings as we moved toward Spring. After years of slower sales, we wondered, was a more positive trend developing? The latest statistics are showing the sort of improvement we had hoped for. Sales of detached homes for April rose 38% over last year, while year-to-date totals reveal an increase of 10%. And the price decreases that have characterized our market are showing signs of leveling off. However, with the supply of homes at over 700 and economic uncertainty still the reality, prices are not expected to go up. In fact, even modest over-pricing still hurts showings. It is more likely a balanced market could result if current conditions continue.

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

 SALES THIS WEEK:  17 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK: 38                         PRICE REDUCTIONS

CURRENT LISTINGS:   1301

 DET’D  SALES to LIST RATIO:  9%

                                                 9%            15%                    22%+

*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.

We know how important it is to be referred or recommended for our real estate business. It’s not only a compliment to our service, it’s an essential element to our future success. But referrals aren’t given lightly. We know we must go above and beyond if we hope to have our name passed along to family and friends. Of course, this includes steady communication before and during the sale and the best advice in negotiating, pricing and contract language. But you can also expect to hear from us after the sale, too. Do you need any help with anything? Are there any unresolved issues? Can we recommend a particular person or service? We make it a point to stay in touch with calls, personal notes, e-mails and face to face meetings, not only as a standard of doing business, but as a statement of our continuing commitment to our relationship going forward.

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

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

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK: 53                       PRICE REDUCTIONS

CURRENT LISTINGS:   1287

 DET’D  SALES to LIST RATIO:  7%

                                           7%                  15%                    22%+

*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.

Professional Realtors know it is just good practice to stay in touch with their sellers. However, when your home is on the market for an extended period of time without activity, your realtor may find those calls difficult. Of course, the calls still must be made. After all, if you don’t hear from your Realtor, you may make assumptions about their commitment to selling your home. Regular calls allow you to feel like you’re a part of the process and provide reassurance that your Realtor is working to get the property sold. Most Realtors try to call their sellers at least once a week. Even if there have been no showings, they still need to pass along recent news about market conditions, or other sales or listings that may pertain to your property. This will allow you to act with confidence when you have to make important decisions with respect to pricing and offers.

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

 SALES THIS WEEK:  17 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK: 55                PRICE REDUCTIONS

CURRENT LISTINGS:   1254

 DET’D  SALES to LIST RATIO:  8.5%

                                               8.5%           15%                    22%+

*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.

There are several reasons why buyers may find it difficult to make a decision. It could be the fear of change, or the size of the commitment required, just to name a few. When buyers find themselves in this position, that’s when their professional Realtor can help. Our job isn’t to force people to buy – it’s to educate and lead them through the process so that decision making becomes easier. We carefully discuss their needs and give them up-to-date market information. We note preferred locations and style and ensure we stay within their price range. After showing them the properties that fit their needs, it’s often helpful to ask our clients some straightforward questions. “Do you like this one?” “Can you see yourself living here?” “Is this the one you’d like to offer on?” By asking these simple questions we can help our clients make an informed decision in a more comfortable, timely fashion.  

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

 SALES THIS WEEK:  14 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK: 45                       PRICE REDUCTIONS

CURRENT LISTINGS:   1286

 DET’D  SALES to LIST RATIO:  7%

                                           7%                  15%                    22%+

*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.

DETACHED

ATTACHED

LAND

OTHER

9

3

0

0

0 - 300K

$300 - $500K

$500 - $1M

$1M+

6

4

2

0

PENDER H

HALFMOON B

SECHELT

R CREEK

GIBSONS

O

1

7

0

4

DETACHED

ATTACHED

LAND

        10

35

2

22

DETACHED

ATTACHED

LAND

LOW – HIGH

689

158

386

745   -   1390

SALES/LIST

RATIO

     BUYERS

     MARKET

      BALANCED

        SELLERS     

         MARKET

DETACHED

ATTACHED

LAND

OTHER

13

1

1

0

0 - 300K

$300 - $500K

$500 - $1M

$1M+

7

2

6

0

PENDER H

HALFMOON B

SECHELT

R CREEK

GIBSONS

1

1

6

1

6

DETACHED

ATTACHED

LAND

        25

27

6

7

DETACHED

ATTACHED

LAND

LOW – HIGH

671

161

355

745   -   1390

SALES/LIST

RATIO

     BUYERS

     MARKET

      BALANCED

        SELLERS     

         MARKET

:

We’ve been talking about your home’s curb appeal. What does it look like from the street? There are upgrades and repairs that can really help the sales effort. Cut the lawn at least twice a week and keep the hedges and shrubs trimmed. Walkways should be swept frequently and plant colourful flowers to add accents. The appearance of exterior siding is important, too. A new coat of paint or a pressure wash is worth the extra expense. Buyers always notice the roof – is yours in good shape, or does it need de-mossing or even replacing? Don’t forget to clean all windows and pressure-wash the decks. Finally, the front door provides the first impression. Install a new one if necessary, or repaint the old one and replace the hardware. A good impression on the outside will help to get buyers inside!

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

 SALES THIS WEEK:  15 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK: 40                       PRICE REDUCTIONS

CURRENT LISTINGS:   1187

 DET’D  SALES to LIST RATIO:  8.3%

                                              8.3%            15%                    22%+

*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.

First impressions can be lasting impressions. So, if you want to sell your home, it helps to put yourself in the buyer’s shoes. Walk across the street, take a good look at your home and ask yourself: What’s the first impression of the home? What are the home’s best features? Are there ways to enhance them? Which features should be minimized or improved? Your home’s street view appearance is a buyer’s first in-person impression, particularly if they initially spotted your home on the Internet. Although photographs can give a buyer an idea of the features the home offers, driving by the property provides an opportunity to see how the pieces work together with the surrounding neighbourhood. Viewing your home from a buyer’s perspective should help you identify areas of improvement.  

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

 SALES THIS WEEK:  12 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

NEW LISTINGS THIS WEEK: 43                       PRICE REDUCTIONS

CURRENT LISTINGS:   1172

 DET’D  SALES to LIST RATIO:  6%

                                         6%                    15%                    22%+

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  March 18 – 24, 2014  

Did you know that most local real estate offices are owned and operated off-Coast? None have managers in attendance and most of the administration is done in Vancouver. Some of these offices don’t even have spaces for their agents – they work from home in isolation from one another. RE/MAX Oceanview has a different approach. We are locally owned and operated and we support our agents and clients with on-site management and administration. We have a real office, with agents on site, networking with one another and cooperating on sales. We have weekly meetings and regular extra training sessions. These are the benefits of a “full service” office. It’s what sets us apart from the others and one of the reasons we’re the top office on the Coast since 1996.

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

 SALES THIS WEEK:  9 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 46                       PRICE REDUCTIONS

CURRENT LISTINGS:   1140

DET’D  SALES to LIST  RATIO*:  4%

                             4 %                         15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  March 11 – 17, 2014  

It’s a fact, most local real estate offices are owned and operated off-Coast. None have managers in attendance and most of the administration is done in Vancouver. Some of these offices don’t even have spaces for their Realtors – they work from home in isolation from one another. This is not how we do things at RE/MAX Oceanview. We are locally owned and operated and we support our agents and clients with on-site management and administration. Most of our agents work in the office, where they can better communicate and collaborate with one another on sales. We have regular meetings,  weekly training sessions and – coincidentally - the most sales of any office every year since 1996. This is what it means to have a “real office” and what sets us apart from the competition.

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

 SALES THIS WEEK:  9 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 46                       PRICE REDUCTIONS

CURRENT LISTINGS:   1140

DET’D  SALES to LIST  RATIO*:  4%

                             4 %                         15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  March 4 – 10, 2014  

We are sometimes asked about our name: RE/MAX – where did it come from? RE/MAX was started in 1973 by Dave and Gail Linniger and stands for “real estate maximums”. From the beginning, the company took a different approach, tailoring its real estate system to attract the industry’s best realtors. And this strategy worked - RE/MAX sells more homes in North America and Canada than any other real estate organization. What’s in a name? When the RE/MAX sign goes on your front lawn, buyers and their agents know that you’re represented by the best agents in the business and that you’re serious about selling. RE/MAX has more than 100,000 agents in more than 90 countries.

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

 SALES THIS WEEK:  9 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 38                       PRICE REDUCTIONS

CURRENT LISTINGS:   1113

DET’D  SALES to LIST  RATIO*:  4%

                             4 %                         15%                  22%

*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.

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]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 35                       PRICE REDUCTIONS

CURRENT LISTINGS:   1088

DET’D  SALES to LIST  RATIO*:  4%

                             4 %                         15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Feb 18 - 24, 2014  

We are fast approaching Spring, the time when many people think about selling. However, decreasing prices have been in the news - is it the right time to sell? In a word, yes! Remember, prices increased 100% in the 5 years leading up to 2009. Even though they’ve subsequently come down, they are still significantly higher than before the peak. From that standpoint alone it is a good time to sell! The other thing to remember is real estate dollars equal real estate dollars. By that we mean, if you’re selling and buying in the same market you can make up on your purchase what you lost on your sale. The first step is always a market evaluation. Call me today!

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

 SALES THIS WEEK:  16 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   39                     PRICE REDUCTIONS

CURRENT LISTINGS:   

DET’D  SALES to LIST  RATIO*: 4 %

                             4%                          15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Feb 11 - 17, 2014  

Although our market has improved, there are some interesting dynamics. On one hand, we see properties that have been on the market for months, with little or no activity. One could conclude the market is slow. Then we see some new listings come onto the market and draw multiple offers. What’s going on? Price! While sales have improved, price is still king. Properties that are priced too high aren’t even getting enquiries. Sharply priced properties are being shown every day. Here’s the good news: there are good, qualified buyers looking for property right now. But they are selective. They are jumping on well priced properties and ignoring everything else. Your RE/MAX agent is an expert on pricing. Listen to their advice. Get your price in line with the market if you wish to sell.  

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

 SALES THIS WEEK: 4 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   50                     PRICE REDUCTIONS

CURRENT LISTINGS:   1,075

DET’D  SALES to LIST  RATIO*:  3%

                        3%                               15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Feb 4 - 10, 2014  

Lately we’ve noted some encouraging signs that the real estate market may be improving. The latest sales statistics back that up. According to the Real Estate Board, sales of detached homes on the Coast in the last 2 months increased by 60% over the same period last year. These improved numbers support predictions that 2014 will be a busier year for real estate. The Real Estate Board also notes that RE/MAX Oceanview was the top listing and top selling office on the Coast for 2013. That the 18th year in a row! Thinking about buying or selling? Think about this: we have the inventory; we have the expertise. And we have the stat’s that prove we’re better at helping you buy or sell than anybody else. Call us first!

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

 SALES THIS WEEK: 4 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   43                     PRICE REDUCTIONS

CURRENT LISTINGS:   1,047

DET’D  SALES to LIST  RATIO*:  3%

                        3%                               15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 28 – Feb.3, 2014  

Many know that Realtors have to pass a course and be licensed by the gov’t. We also have to undergo a criminal record check, find a broker who will hire us on and pay thousands of dollars for licensing, insurance and Board fees before we can practice. And it doesn't end there. It takes years to master real estate law, contract wording and agency. There’s also expertise needed for title issues, evaluations, marketing and negotiating skills. Also, we must take upgrade courses each year to maintain our license. This is why 75% of those who pass the exam are out of the business within 5 years.  And this is why the rest of us - the 25% - call ourselves "professionals"!

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

 SALES THIS WEEK: 8 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   43                     PRICE REDUCTIONS

CURRENT LISTINGS:   1028

DET’D & ATT’D  SALES to LIST  RATIO*:  5%

                               5%                        15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 21 – 27, 2014  

We’re aware of the conventional approach to choosing your listing agent – get 3 opinions and pick the best price. But really, is that wise? You’re about to trust an agent with the sale of your home based on what - the price they quote? Think about it. If an agent knows you’re basing your choice on price, they may just give you a high, but unrealistic price just to secure the listing. There is a better way. Ask to see their marketing plan. Are they skilled negotiators? How about the office – is it successful? Would you rely on their advice in the middle of a negotiation involving 100’s of 1,000’s of dollars? These are much more appropriate criteria upon which to base such an important decision.

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

 SALES THIS WEEK: 14 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   33                     PRICE REDUCTIONS

CURRENT LISTINGS:   1013

DET’D  SALES to LIST  RATIO*:  6%

                                     6%                   15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 14 – 20, 2014  

The real estate market on the Coast has proven difficult to quantify. There have been ups and downs, but no solid trends.  Even the Vancouver market isn’t the indicator that it once was. Their steady gains in sales and prices have not manifest on the Coast. However, there is one statistic that has closely followed our market in last 3 or 4 years: the Consumer Confidence Index. For example, the Index dipped at the start of 2013 – exactly when our market struggled - then rose through to December, as did real estate sales, where it hit 84, the highest value since 2010.  We’re optimistic that Consumer Confidence will continue to grow and that this will mean a busier real estate market on the Coast in 2014.

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

 SALES THIS WEEK: 7 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   43                     PRICE REDUCTIONS

CURRENT LISTINGS:   1,000

DET’D  SALES to LIST  RATIO*:  5%

                               5%                        15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 7 – 13, 2014  

2013 was another up and down year for the Coast. The first ¼ results were disappointing, as we fell 18% behind 2012 figures. But moving into Summer we noticed some improvement and by year’s end the numbers of sales were almost back to par. Of course, fewer overall sales meant continued down-ward pressure on prices. We will soon see whether this trend continues into 2014. There was one familiar constant in 2013: the performance of RE/MAX Oceanview Realty. We finished the year again as to top selling office on the Coast. That’s 18 years in a row. Our goal is to do it again in 2014!

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

 SALES THIS WEEK: 14 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   30                     PRICE REDUCTIONS

CURRENT LISTINGS:   982

DET’D  SALES to LIST  RATIO*:  7%

                                     7%                   15%                  22%

*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.

RE/MAX Oceanview Realty    5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Dec. 10 - Dec. 16, 2013   

It is fairly common for some of our sellers to take their homes off the market in December and January. While it is true there are fewer transactions, it is also true that there are fewer homes on the market competing for buyers. And less competition can be good for sellers. Remember, sales happen all year long – even over the holidays. Keeping your home on the market at least gives you a chance to sell!

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

 SALES THIS WEEK:  8  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 12                 PRICE REDUCTIONS

CURRENT LISTINGS:  1058

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Dec. 3 - Dec. 9, 2013   

The November statistics are in and with the year-end not far off, we can make a few observations on the market for 2013. First, prices have continued to moderate on the Coast, declining 4% over the past year. This represents a decrease of 1/3% per month, which is which is an improvement on the 1/2% per month we saw earlier in the year.  The number of homes sold has also declined 6.3% from 2012. However, this, too, is better than the 15% we saw last Spring. Even though prices and numbers of sales remain in the negative, the rate of decline appears to be trending in the right direction.

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

 SALES THIS WEEK:  9  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 30                 PRICE REDUCTIONS

CURRENT LISTINGS:  1089

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Nov. 26 - Dec. 2, 2013   

Current mortgage rates remain at historically low levels - around 3.5% for a 1 – 2 year term. Real estate prices have also moderated. Buyers, especially first time buyers and investors, find themselves in a great position, as mortgage payments for entry level homes are close to monthly rent. Statistics tell us that the 30 year average for mortgage rates is about 8%. Rates will rebound at some point and this unusual coincidence of low rates and low prices will end. When you consider that there is currently also a good selection of listings you can see why we think it’s a great time to buy.

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

 SALES THIS WEEK:  12  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 35                 PRICE REDUCTIONS

CURRENT LISTINGS:  1068

DET’D  SALES to LIST  RATIO*:    =  4.6%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT  Nov. 19 - Nov. 25, 2013   

Many Realtors try to find new clients with cold calls and ads. We have found our best new clients are referred to us from friends and past clients who know the quality of our service. Thus, by concentrating on doing the best job possible for each current client and encouraging them to refer us, we get a steady stream of new clients. This works better for everyone. We spend our time and energy Instead of us spending time looking for new business we ensure we

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

 SALES THIS WEEK:  11  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:                  PRICE REDUCTIONS

CURRENT LISTINGS:  1111

DET’D  SALES to LIST  RATIO*:    =  3.7%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Nov. 12 - Nov. 18, 2013   

It is not uncommon for tenant occupied properties to be offered for sale. However, tenancies can have a big impact on possession dates for the buyer. For month to month tenancies, a notice period to vacate is 60 days from the start of the next rental period. All the subjects must be off of the sale before the notice is given and the tenant is entitled to an additional payment of 1 month’s rent. For a lease, there is no notice period – the tenant has a right to uninterrupted occupation of the premises until the end of the lease. Your Realtor is trained to plan sales around the various forms of tenancies.

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

 SALES THIS WEEK:  11  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:                  PRICE REDUCTIONS

CURRENT LISTINGS:  1111

DET’D  SALES to LIST  RATIO*:    =  3.7%  [ADADDD

                   0%                        15%                22%

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT  Nov. 5 - Nov. 11, 2013   

We’ve been discussing how some features of real estate, like charges on title, are not readily apparent. An easement is just such a charge. An easement is a legal notation on the title commonly used to grant access from one property over another. A driveway crossing one property to service another would be an example of an easement. Easements generally run with the land – that is, they stay in place even after the property changes hands. They most often remain in place in perpetuity, unless the parties to the easement agree to de-register it. Your professional Realtor knows an easement is something you need to know about early on in the consideration of the property.

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

 SALES THIS WEEK:  5  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 45                 PRICE REDUCTIONS

CURRENT LISTINGS:  1116

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT Oct. 29 - Nov. 4, 2013   

Building schemes are charges that are registered on title which affect the improvements to be constructed on a property. Did you know that sometimes these restrictions can be enforced even after the home has been built and changed hands? Take siding - even though the current owners may not have installed the siding, they can sometimes be made to change it if it does not comply with the old building scheme. Your professional realtor is trained to look for these title nuances and will report them to you before you’re obligated to the purchase.  

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

 SALES THIS WEEK:  15  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 19                  PRICE REDUCTIONS

CURRENT LISTINGS:  1100

DET’D  SALES to LIST  RATIO*:    =  5.4%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT Oct. 22 - Oct. 28, 2013   

Even the most discerning buyer can overlook a deficiency in a home. That’s why Realtors who represent buyers include a building inspection subject clause in the offer. But what happens if the inspection reveals a latent defect? It doesn’t have to mean the purchase fails, but it does take skill to remedy the situation without jeopardizing the contract. This may involve a price adjustment or a mutually agreed upon schedule of repair. Your professional Realtor knows the correct dialogue needed to address the defect while maintaining the integrity of the contract.

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

 SALES THIS WEEK:  8  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 31                  PRICE REDUCTIONS

CURRENT LISTINGS:  1186

DET’D  SALES to LIST  RATIO*:    =  2.4%  [ADADDD

                   0%                        15%                22%

*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 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT Oct 15 - Oct. 21, 2013   

Last week we pointed out the importance of investigating property features you can’t readily see, like the title search. Structural defects can also be difficult to spot for the untrained eye. While this is outside the scope of your Realtor’s expertise, the drafting of offers is not. A professional Realtor will recommend inserting a subject clause calling for a building inspection. This will allow you to negotiate the purchase of the home, but not be committed to buy unless you’re first happy with the inspection.

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

 SALES THIS WEEK:  18  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE