Sechelt: A Prime Waterfront Investment, Free from the Foreign Buyers’ Ban
Posted on Aug 26, 2024
Check out the latest spotlight on eight stunning Canadian waterfronts that are exempt from the foreign buyers’ ban. Notably, Sechelt on British Columbia’s Sunshine Coast is highlighted as an ideal blend of natural beauty and investment potential. Explore why this serene location, with its coastal charm and vibrant community, stands out for both vis...
July Real Estate Market ReCap
Posted on Aug 07, 2024
Sales up over last July, but listings continue to outstrip demand.
After several months of declining sales, the two interest rate reductions, from June 5 and July 24 seem to have given some energy back into the real estate market on the Sunshine Coast.
July had an overall increase of sales with 60 properties sold this past July, up from 55 propertie...
July had an overall increase of sales with 60 properties sold this past July, up from 55 propertie...
Government Reacts - Tenancy Act Pushback affects changes but is it enough?
Posted on Aug 07, 2024
In our July Newsletter, we highlighted the changes to the BC Tenancy Act and their potential impacts to landlords and purchasers of tenanted properties. Read our article hereSome of the changes, we identified to have a high potential to detrimentally impact the ability to sell and purchase tenanted properties . Realtors, mortgage brokers and other...
Sechelt Adopts New Density Zoning ByLaws
Posted on Jul 12, 2024
Following the lead of the provincial government's new legislationaimed at increasing the availability of small-scale, multi-unit housing, the Disitrict of Sechelt has implimented changes to the R2, R3, R4, and R6 zoning rules to make it easier to build Small - Scale Mulit-Unit Housing (SSMUH) on the lots that are serviced by community water and san...
New Changes to the BC Tenancy Act
Posted on Jul 12, 2024
Do you have a tenanted property or are thinking of becoming a landlord. Or are you looking at purchasing a tenanted home with the intent of moving in? Effective July 18, 2024, new eviction rules come into affect that will impact the process and timeline to provide notice to tenants and provide a vacant property.
The biggest changes coming are:
The biggest changes coming are:
- 4 mon...
May Market Review 2024 - Still awaiting the spring thaw
Posted on Jun 12, 2024
The Sunshine Coast has seen a significant increase in listings alongside a decrease in sales, signaling a potential shift in market dynamics. As of now, there are 507 active listings, up 31% from 387 listings during the same period last year. 154 new properties hit the market in May, up 2.7% .Despite the increase in available properties, sales have...