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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...
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...
Lot / Land For Sale in Pender Island
Building Lot with Ocean View • 1 bath, 1 bdrm lot / land - MLS® $219,000 CAD - Private & Park Like! Pender Island, Southern Gulf Islands - Pristine-private+park like 2 ac.with ocean views near Mortimer Spit on popular S.Pender Is.Ideally 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...
Single Story For Sale in Pender Island
Great Price! • 1,418 sq. ft., 3 bath, 3 bdrm single story - MLS® $331,000 CAD - $22,000 Below Assessed! Pender Island, Southern Gulf Islands - What a Deal!! $22,000 Below Assessed Value. Enjoy rural bliss with this character charmer on 1.44 acres. Read More...
Cozy Bungalow For Sale on Pender Island
Hardwood floors, New Carpet and Windows • 1,100 sq. ft., 1 bath, 2 bdrm single story - MLS® $312,000 CAD - Opportunity! Pender Island, Southern Gulf Islands - GREAT OPPORTUNITY! 2BDR 1BATH bungalow located in popular Magic Lake Estates and close 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...
Pender Island Real Estate Update for February 2009
(Mt.Baker from the top of Mt. Norman on Pender Island) The Canadian Home Builders Association Economic Forecast held in Victoria, BC, had 4 Economists speak on the state of our economy and our market. Not one of them saw the downturn coming 6 months ago, Read More...
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