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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 January 2, 2025. 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/106S (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 December 2024 from the Victoria Real Estate Board. Total sales were 421 properties, down 23.6% from last...

Greater Victoria MORTGAGE Rate PREDICTIONS 2024 - CANADA

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  This Week's Video We are pleased to announce this week's New Video! Do you want to know what is happening to Canadian Mortgage interest rates? This video is about the Greater Victoria mortgage rate predictions in fall 2024 through 2025. Recently, I did 3 videos about the Bank of Canada overnight lending rate changes and this is a follow up of the changes discussed in those videos and how this is affecting the upcoming mortgage interest rates. You can view this video at this link: ( Video:100 )  or Click the Image Above. Please take a few minutes to view our new video and please help us to get the word out about our site by "Liking" the video, "Sharing" it with a friend or two, and " Subscribing " to our  YouTube Channel . This helps us to produce future videos. 100th Video Contest With the release of this video, we are celebrating the release of our 100th YouTube Video with a contest and prizes. Don't miss that! You can enter our contest at t...

Bank of Canada Interest Rate Forecast – What Do We Do Now?

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We are pleased to announce this week's New Video! The Bank of Canada's overnight rates have just dropped by 25 basis points or 0.25% which is the 3rd drop in a row. I'm going to break down what this rate drop means for you and a Bank of Canada interest rate forecast of what I think is going to happen in the next while. Whether you're thinking about buying your first home, moving up, or refinancing, this little dip could mean big savings for you. You may be asking yourself "Interest rates are decreasing, what should I do now?" I am going to provide some analysis to help you determine whether now is the best time to buy or sell or if you should wait. As always, we appreciate your comments and suggestions. Also we would appreciate your ideas on topics that you think would benefit people like you who are entering or moving around in the Greater Victoria real estate market. Please take a few minutes to view our new video and please help us to get the word out about...
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Will MORTGAGE Rates Go DOWN in 2024 in Canada?  MY PREDICTIONS! We are pleased to announce this week's New Video! On July 24th, the Bank of Canada lowered their overnight rate by 0.25% for the second time this year. Our last video, " Bank of Canada Overnight Rate Drop " (#91) asked the question "Did Mortgages Go Down?" In that video I explained what actually happened to the Canadian borrowing mortgage rates when the BOC overnight rates dropped. Our next Bank of Canada announcement will be in September.  I am going to give you my predictions on whether or not there will be further mortgage rate reductions in 2024 and explain why I think this. As always, we appreciate your comments and suggestions. Also we would appreciate your ideas on topics that you think would benefit people like you who are entering or moving around in the Greater Victoria real estate market. Please take a few minutes to view our new video and please help us to get the word out about our ...

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...
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  One Bear Mountain Homes - Is This It? Are you looking to buy a gorgeous, brand new condo in the premier resort style development in Bear Mountain Resort located in the Westshore of Victoria? The next 10 buyers are eligible to receive generous allowances for outside furniture and moving costs and ONE WHOLE YEAR with NO STRATA FEES. You don't want to miss this!! On May 4th, I, (Gary) will be taking my interested buyers for a walkthrough of this nearly completed building. Some new owners will start to move in during June 2024 with more over July and August. If you are interested in this as a possible new home and would like to come along with me to view it, then please contact me as soon as possible. My contact info is in the video. Enjoy! Gary and Rosemary We Love People and We Love Homes! hashtag # onebearmountain hashtag # bearmountainresort hashtag # bearmountaincondos

March 2023 Greater Victoria BC Real Estate Market Update

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Video Update This is the Greater Victoria BC Real Estate Market Update March 2024. The data is from the Victoria Real Estate Board released April 2, 2024. We thought we would try a different way of presenting the data in a new and fun way. Let us know what you think!! The written update details follows the video link. 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/90S (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 Up...

NEW Construction Homes - PROS and CONS of Buying

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  We are pleased to announce this week's New Video! "New Construction Homes - Pros and Cons of Buying" Whether retiring, downsizing, or you are buying your very first home then you might be considering buying a brand new construction home. New construction homes are ones where you are the first buyer and they have never been lived in. These can include single family detached houses, condominiums, and townhomes.  It seems like this might be the best way to get in to the market whether downsizing, relocating, or even as a first time buyer. Well that shiny new home may seem to be appealing, however, you need to know there are pros and cons to buying a new construction home. This video gives you 5 pros and 5 cons for your consideration before taking this route to buying your new home. Also, many people wonder whether they really need a Realtor® when buying a new construction home from a developer. See our comments on this near the end of the video. As always, we appreciate yo...

Greater Victoria BC Real Estate Market Update for February 2024

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  This is the Greater Victoria Real Estate Market Update for February 2024 The market update data is from the Victoria Real Estate Board released March 1, 2023. (82S) Enjoy! Gary and Rosemary "We Love People And We Love Homes!" Thanks for Watching!

Welcome to Gary Sims Victoria Homes - Greater Victoria BC Real Estate Market (79)

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Hi Everyone, As many of you know, Rosemary Tulett, my wife and previous real estate partner has retired from her work after (almost) 9 years as a Realtor® with DFH Real Estate Ltd. at the end of December 2023. She has now taken on parttime duties helping me out as my Registered Unlicensed Assistant. That has required a bit of rebranding because we were officially registered as a Real Estate Team with BCFSA and BCREA under the name "Rosemary and Gary Victoria Homes Team". Alas, we are not allowed to use that name any longer as of January 1st, 2024 and are now going under the name "Gary Sims Victoria Homes". This has required some changes to our branding which is mostly done now. We provide a YouTube Real Estate Informational and Educational Channel providing a large variety of real estate information, market analysis, tips, policy, and education. Towards this we have now created a new introduction channel video with our changed name and focus. Please take a minute to...

5 Pro Tips For Moving Out of Province (78M)

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<See Written Blog Below Video Section> No one likes to move. Is that you? Where to start, what to do, rush rush. Let's face it! Moving isn't easy and moving out of province or across the country can pose unique challenges. Thankfully we have five expert tips to share with you to make your move EASY… okay, okay, at least EASIER. Click on the video below for all the details or read the written blog lower down.  To subscribe to receive notifications of our YouTube video releases and newsletters please use this link:  https://randg.video/subscribe-video-newsletter Download the printable, 7 page colour guide here: Download Guide Enjoy! Gary and Rosemary "We love people and we love homes!" ============================================ Start of Written Blog No one likes to move. Is that you? Where to start, what to do, rush rush. Let's face it! Moving isn't easy and moving out of province or across the country can pose unique challenges. Thankfully we have...