Royal LePage Parksville – Qualicum Beach Realty, 314 East Island Highway, Parksville, B.C. V9H 2H1Toll Free: 888 • 954 • 4433joanne@joanneferreiro.com
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Royal LePage Parksville – Qualicum Beach Realty, 314 East Island Highway, Parksville, B.C. V9H 2H1Toll Free: 888 • 954 • 4433joanne@joanneferreiro.com

EXPERT’S CORNER

Interest rates impact the housing market in many ways, one of which is that low interest rates encourage people to invest in mortgages by buying homes. While interest rates are low, or before anticipated increases in rates, housing purchases are likely to increase and that bodes well for the continuation of a strong market in…

Each year we receive a tax assessment that impacts our annual property tax bill. Some clients have asked me how this evaluation is determined and others are intent on appealing the amount. All in all I believe the government does an honest job of these assessments (they’ve called me from time to time to get…

When you buy a home, what you’re buying is the title to the property, which means you own the property. It’s important to know that the title is valid so you’ll be able to sell your home in the future or take out a mortgage on it. Traditionally, homebuyers have relied on lawyers for the…

Defer Your Property Taxes?

Deferring your property taxes – if you’re eligible – can be a smart way to get equity out of your home. Interest rates are simple (not compounded) and generally reasonable but the program does require a lien on your title which may impact your ability to acquire a mortgage. There are some rules, for starters…

First Time Home Buyers' Program

If you’re buying a home in British Columbia that will be your principal residence and you haven’t held an interest in a principle residence anywhere in the world before now, you may be eligible for the BC Government First Time Home Buyers Program. Restrictions relative to the length of your residency in BC apply, as…

Summary of 2014 Real Estate Market Performance, Oceanside

The local housing market finished 2014 on a high note, capping off a year which saw consistent monthly gains in sales and average home prices and setting the stage for a favourable market in 2015 for both buyers and sellers. Our local housing market in 2014 was positively influenced by an increase in consumer confidence…

MARKET MINUTE UPDATE: Who Will Buy My Home?

According to the latest Buyer Profile data collected by the Vancouver Island Real Estate Board (2013), in this area its just as likely to be someone from right here in Oceanside (18%), elsewhere on Vancouver Island (18%), or Alberta (17%). For all of Vancouver Island, there is a sharper contrast between buyer sources with a…

MARKET MINUTE: Balanced Market Conditions Moving Into Spring For Vancouver Island

The Canadian Real Estate Association(CREA) reports “sales activity across the Vancouver Island housing market area continued its gradual upward climb this February, with reports of healthy sales activity across the Board”. This month, I’m including this organization’s summary of Island activity, followed by my regular feature on performance specific to our area (Parksville/Qualicum). CREA Vancouver…

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