Steven Reilander

This is looking more and more like a government bailout for vacant condos in British Columbia. If you let vacant property sit unsold, prices go down. So why is the government intervening with taxpayer dollars to make housing “more affordable”.
https://youtu.be/qQ9U_SeM-4Y?si=eMRTSsmavWOdZnyJ

How we determine whether it’s a buyers market, sellers market, or balanced. We need to determine months-of-supply. That’s done by taking active listings and dividing by last months home sales. That number will tell us where we are sitting. Typically under 4 is a sellers market, between 4 and 6 is a balanced market, and above 6 is a buyers market. There are of course other factors to consider but this is the most solid metric to make a determination. If you’d like to know where your specific market condition is please send me a message.

[email protected]

Family Fishing Day at the Victoria Fish and Game Club.

The sharpest priced townhome in all of Royal Bay with no GST added. 2 bed, 3 bath, 1121 sq/ft. Send me a dm for more info.

An affordable townhouse located in Langford. A stones throw away from Happy Valley Elementary School and other convenient amenities, this neighbourhood is ideal for young families. Contact myself at North Pacific Homes Group or the listing agent, Steven Dosanj with the Pinnacle Homes Group for more information.

“Quick tip if you’re buying a home—don’t skip the deficiency walkthrough.

After subjects are removed, there’s often a list of repairs or items the seller has agreed to fix. The deficiency walkthrough is your chance to go back in before completion and make sure those things were actually done—and done properly.

I’ve seen situations where items were missed, partially completed, or not done to the expected standard. If you don’t catch it before closing, it becomes a lot harder to deal with after you get the keys.

This walkthrough isn’t about being picky—it’s about protecting yourself and making sure you’re getting what you agreed to in the contract.

If you’re buying, always take the time to do this step—it can save you money, stress, and a lot of back-and-forth later.”

Material latent defects are important to disclose for both buyer and seller protections. Act honestly and have a successful transaction.

Although rare, this situation can happen to an agent. Just make sure you are clear with your representative of your plan before making offers.