The Cooling Off Period - A hot or cold idea?
Posted on Apr 19, 2022
The cooling off period..what does this mean? The unprecedented run up in prices and competition amongst buyers has lead to many purchases being made in multiple bidding situations and many times where the buyer needs to put in a no subject offer in order to be competitive. While most of the time, there have been no downsides to the buyers, any time...Sunshine Coast April 2022 Real Estate Market Report
Posted on Apr 16, 2022
Photo from Gibsons Yacht Club
The real estate market on the Sunshine Coast continued to move forward like a high-speed train with no stops in sight. Prices rose over 10% across all markets in the first 3 months and April is continuing on the same low inventory, high demand track. As of April 15, we have 239 properties for sale across the Coast. Howe...
First Time Home Buyers Eligible for $5000 Tax Credit
Posted on Feb 15, 2022
Although purchasing your first home can be a real stretch on finances, there is a bit of relief for first time home buyers. The government of Canada has a federal program called the Home Buyer's Tax Credit and it's one of the easiest and simplest benefits for new property owners to receive.The Home Buyers’ tax credit, also known as the Home Buyers...
Sunshine Coast February 2022 Real Estate Market Report
Posted on Feb 15, 2022
Prices for homes on the Coast continued to increase throughout January and we don't see any indication of this slowing as we head into the back half of February. There have been 52 new listings and 52 sales as of February 14, compared to 60 new listings and 45 sales total for all of January.
T...
BC Home Assessments - What they really mean for your home's value
Posted on Jan 21, 2022
You’ve likely got your BC Assessment in the mail and have noticed a significant increase from the previous year and may be wondering how accurately this reflects the current value of your home.
For our market, we are seeing assessments that in many cases are closer to reflecting current market values, however because of the uniqueness of every home...
Sunshine Coast January 2022 Real Estate Market Update
Posted on Jan 21, 2022
2021 was an un-precedented year for the Sunshine Coast. Heat waves, record snow and rain falls, floods, fires and a pandemic. Nothing stopped the hottest real estate market on record. Prices throughout the region hit banner levels and inventory continued to drop as sales outpaced new listings. The HPI home price for all the Sunshine Coast rose to...