Vancouver Island Real Estate News from Rudi Widdershoven - teamW November 2012   

Hi Paul,

November is almost gone and Christmas lights are popping up!  The year is wrapping up with everyone starting to think about the Holiday Season and possibly winter holidays.  It is a great time to be thinking of a move up to a larger or dream home or investment.  Our market details are below.

Buying a home is a huge decision that takes both time and patience so it's important to be mentally prepared.  If you've viewed dozens of homes but can't make a decision, this month's article may help you regain your focus. 

There are also some great feng shui ideas to help you create a harmonious home environment.

Thanks so much for checking out this month's newsletter.  Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Rudi W.

In this issue...
Vancouver Island Housing Sales Report 
Multiple Listing Service® (MLS®) sales summary data for October released by the Vancouver Island Real Estate Board (VIREB) shows housing sales activity across the greater Parksville - Qualicum Beach area dipped 17 per cent compared to last year, while average sale prices were 3% lower.

Across the Parksville Qualicum Beach coverage area there are some marked variations in October unit sales when comparing one sub-region against another.  For example in Parksville there is a decline of 50 percent in unit sales while the French Creek showed a 67 percent increase in unit sales for the same period. This is due to the small number of sales in most market areas, which makes it difficult to get statistically relevant information on a month to month basis.  Year to date stats will give you a much better insight.

For more indepth information for different areas and year to date statistics contact me or check out our Blog at or my Facebook page

“The market remains generally stable, albeit with annual unit sales expected to be down about 3 per cent this year,” explained Cameron Muir, Chief Economist with the British Columbia Real Estate Association (BCREA).  “A modest increase in home sales is expected next year. However, consumer demand will nevertheless remain relatively muted as bumpy economic growth limits overall sales volume.”

The economic forecasts reviewed over the last month or two all indicate that there will be an increase in sales volumes in 2013 (one report indicated +8.3%) and price stability as a result.  If this is the case then we should be heading towards a more balanced market and see some shift from the current Buyers' market.  It is the time to buy as we tend to see increased sales activity in the early spring.

Buyer Beware of Buyer BeScared 
Buying a home is a huge, life changing event that requires time and patience.  It's therefore not uncommon to be paralyzed by indecision after viewing several homes.

It's important to be fully aware of your wants and needs, especially if you're purchasing as a couple.  Relationships are all about compromise so if you can't agree after viewing scores of homes, you need to sit down and reassess your priorities.

Keeping up-to-date with the local real estate market is key to getting the right property at the right price.  Markets vary over both time and location so make sure you're familiar with your area of choice so you'll know whether your expectations are realistic.

With today's online technology, it's never too early to get acquainted with the local market.  It's important to get a head start because oftentimes the first or second home you view will be "the one" but if you're totally new to the market, you'll be too hesitant to seize the opportunity.

It's sometimes necessary to act quickly when the perfect home comes up but in order to do that, you need to be confident, and confidence comes from being prepared.  It's therefore recommended that you talk to your mortgage specialist well in advance so that you're ready, willing and able when the time finally comes.

Having an open line of communication with your agent is critical to ensuring a positive, productive relationship.  Always keep me up-to-date whenever your criteria or circumstances change.  This way, you won't have to view unsuitable homes that will only end up causing more confusion.

Buying a home can be nerve wracking if you're not fully prepared.  A bit of fear is completely natural but there comes a point when you have to put your fears aside in order to make the right decision.  As with any journey, it's important to align yourself with competent professionals to help guide you along the way.

The Feng Shui Way 
Feng shui is an ancient Chinese practice that helps achieve a harmonious living environment in order to promote happiness and prosperity in one's life.  Here are a few ideas to enhance the energy flow around your home:

  1. Fire & Ice - Essential oils, crystals, candles and water features such as fountains and fish bowls will bring calm and balance into your home.

  2. Mirror, Mirror - The strategic placement of mirrors helps improve feng shui by drawing more sunlight into otherwise murky rooms and by expanding narrow areas such as hallways.

  3. De-clutter - Clearing your home of clutter will introduce a smoother flow of energy.  Clutter is a sign of trapped energy so be ruthless and get rid of everything you don’t need.

  4. Think Outside the Nest - Make sure the path to your front door is unobstructed and place a few plants and wind chimes on your porch.  Birds bring great energy so add a feeder in your yard.

Feng shui emphasizes that our physical surroundings have an impact on our emotional well being so it’s important to be aware of how we arrange the space in our home.  Buyers often feel certain vibes when they enter a home so a "harmonious feel" could be the difference between a quick sale and one that drags on.

PS Oh by the way, I am never too busy for any of your introductions.  If you know of anyone that may benefit from my help please contact me with their name and number and let them know that I will be in touch or have them call me.  I would be priveleged to assist them!

If you would like to keep up on the market and would like automatic email notifications of new listings, sales, etc. Click here or drop us an email or give us a call:  250-248-1071 /

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