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An interesting start to 2010
It's been an interesting start in our local real estate market so far. Since 2010 began we have had a rush of new listings (nearly one each day) but not a huge amount of sales (4 in total - 2 homes and 2 bare lots). Most of these new listings are Read More...
Pre-Olympic Visit to Whistler
Well, the party has finally arrived and the world is watching Vancouver and Whistler for the 2010 Winter Olympic Games. Despite what you think about these Games I feel that we should be supportive over the next couple of weeks as we showcase the best Read More...
Assessed Value vs. Fair Market Value
I got my Property Tax Assessment in the post the other day, so I thought this a perfect opportunity say a few words about Assessed Value versus Fair market value, two very different things. For Pender Island, 2010 was the first year since 2003 where significant Read More...
Pender Island's Annual Lantern Festival
So the New Year's tradition known as the Lantern Festival once again added to the festive nature of our island's New Year's ceremonies. For 2009, on the festival's 11th anniversary, the theme was "Web of Light". In excess of Read More...
The Best Cookery Blog on the Net!
One of the reasons my wife and I moved to Pender Island from Vancouver in the spring of 2003 was to fully explore what we wanted in life and also spend more time together, particularly when my work involved global travel for 9 months of the year. Both Read More...
Sales and Wales 2009
Things were looking a little quiet on the Pender Island real estate scene at the end of September so I made plans to go back to the UK and see how my 98 year old grandmother was doing as well as see the rest of my family in North Wales. The tickets were Read More...
More Promising News!
(Hope Bay - location of Dockside Realty on Pender Island- courtesy Sam Boyte and Dockside Realty) The Victoria Real Estate Board (VREB) released a News Release this month with the headline " Property Sales in August Follow Usual Summer Trend". Read More...
It's Official! The BC Real estate Market turns 'stable'.
So it seems that the market in BC is starting to stabilise and show signs of life according to the BC Real Estate Association’s third quarter forecast for 2009. According to Cameron Muir, the Association’s chief economist, “robust housing Read More...
Uncertainty and Hesitation - A Formula for future regret
With the Bank of Canada now declaring the recession over in Canada, the Stock Market being at its highest point since January, and the Victoria Real Estate Board sales data from May and June 2009 MLS sales to be respectively 7% and 31% higher than the Read More...
My Closed Sales So far in 2009 on Pender Island
Pender Island, May 26 2009 I have a break from work today, so I thought I would blog about what is happening here on Pender Island. The weather is beautiful, and smart buyers are coming to take full advantage of the opportunities in this down market. Read More...
April and May have been great!
Phew, what a month! In the last four weeks I have accepted offers on five properties, all of which are now unconditional, plus a back-up offer on another property, which is why I haven’t been updating my blog as much as I would have liked. It seems Read More...
2664 Galleon Way on Pender Island is SOLD!
Pender Island, Southern Gulf Islands - This building lot at 2664 Galleon Way sold in only ten weeks. Bare lots are starting to sell as construction costs begin to dip. What a great time to buy this is! Historically low interest rates and a strong buyer's Read More...
DON'T PANIC! BC Homes sales soar in March
Good news today from the various real estate boards in our beautiful province. For the second month in a row it appears as if buyers are ignoring the current "Oh my god, the world is over!" message continually pumped out by the 24 hours news Read More...
February Sales Numbers hint at a slowing of the Housing Market fall in both B.C. and the U.S.A.
For the last decade, British Columbia’s real estate market has been like a high performance car running on pure ethanol. It revved out of control, the engine seized, and now it’s in the shop for repairs. Prices in BC rose to high levels because Read More...
Pender Island Real Estate Update for March 2009
Greetings from the Dock at Hope Bay on Pender Island, It has been an amazing March so far, with a snowfall that beautified our island more than usual. Now we have sunshine, and this is a pleasant reminder that Spring is just ahead. With the days being Read More...
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