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Showing posts from July, 2024

Bank of Canada Overnight Rate Drop - Did Mortgages Go Down?

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On July 24th the Bank of Canada Overnight Rate dropped, For the second time this year, the Bank of Canada has dropped their overnight rate by .25% down to 4.5%. So, what does this all mean? Are mortgage rates going to come down? How come the posted mortgage rates did not seem to come down when the June 6 drop of .25 happened? This video gives you an overview of what was happening in the recent Bank of Canada rate drops, why we did not notice a significant reduction when the over night rate started to drop, some best practice tips to be ready for your purchases and some calculator tools to help you analyze the impact of the rate changes on your interest costs and month payments.  Thank you, Gary and Rosemary Gary Sims Victoria Homes DFH Real Estate Ltd. Victoria B.C. Canada We love people and we love homes! Video: 91

Free Real Estate Printable Handouts

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Welcome to our blog! Following are a number of informational and printable handouts with all kinds of real estate information. Please feel free to download, print, and use these to assist you in your real estate information search. If you have questions then feel free to  contact Gary  for additional information. Enjoy! Gary and Rosemary We love people and we love homes! DFH Real Estate Ltd. Victoria BC Canada Name URL 5 Pro Tips For Moving Out of Province https://mailchi.mp/b69de5352c9a/5promoving 5 Secrets to Strengthen Your Offer https://mailchi.mp/8bcc04b1c563/5-secrets 7 Signs That It's Time To Downsize To Victoria BC https://mailchi.mp/760119014b1b/7-signs-its-time-to-downsize-to-victoria-bc A Better Way Home   https://mailchi.mp/34cabf0132aa/a-better-way-home Annual Home Value Checkup https://mailchi.mp/7b002f73923a/annual-home-value-checkup Greater Victoria Market Update and Analysis for July 2022 https://mailchi.mp/30e3ef42f196/july2022-update Home Seller Checkli...

June 2024 Greater Victoria BC Real Estate Market Update

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  Video Update This is the Greater Victoria BC Real Estate Market Update June 2024. The data is from the Victoria Real Estate Board released July 2, 2024. Note that in the video we use Median prices as we feel this better represents the market changes than average pricing. Video Link:  https://randg.video/97S (Please Like, Subscribe, Share, and click on the Notification Bell of the video to get our weekly videos and content) If you want to chat to find out more about buying or selling in Victoria, finding out the value of your home, or any other real estate topic then simply book a Phone or Zoom call at this link:  https://calendly.com/gary_sims To subscribe to receive notifications of our YouTube video releases and newsletters please use this link:  https://randg.video/subscribe-video-newsletter Written Update This is the Greater Victoria BC Market Update for June 2024 from the Victoria Real Estate Board. Total sales were 661 properties, down 13.4% from last month a...