Vancouver Island Real Estate News from Rudi Widdershoven of TeamW July 2013   

Hi Paul,

Well summer is certainly here and the weather has been great!  Some no doubt complain that it is too hot, others that it is not hot enough but overall it has been wonderful.  I have been in swimming 4 times this year already and strive to be in the ocean once every week including Labour Day weekend, and maybe beyond.

Canada Day parade and celebration in the Parksville Community Park was a great hit for thousands and the weather cooperated as well.  We took in Sunset Cinema last week with our grandson, Kesler, & his parents.  Now looking forward to getting down to the park to see this year's sandcastle sculptures which will be on display until mid- August.

We will be having the whole family here the long weekend in August, adults taking in a '3 hour tour' on the SS Minnow that Trish won and then the RCMP Musical Ride the following day with everyone.

Market activity continues to be good this year, thank you, check out the details below.

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!

Warmest Regards,
Rudi W.

In this issue...
Slow and Steady Market Growth Continues Through Second Quarter 
Multiple Listing Service® (MLS®) sales summary data for June released by the Vancouver Island Real Estate Board (VIREB) shows housing sales activity across Vancouver Island was up six per cent compared to last year.  In the greater Oceanside area sales are up 18% for the month of June and 17% year to date.  In just Parksville home sales are up 42% year to date.

Indicators continue to show we are heading for a balanced market and price stability.

If you would like full details on our various service areas and / or listing styles please contact me or visit: http://www.teamw-parksvillequalicumbeachrealestate.com/parksville-area-real-estate-stats-june-2013
 
Although Cameron Muir, chief economist for the British Columbia Real Estate Association, anticipates stronger growth on the economic front for the latter half of the year, he cautions that “historically low interest rates will eventually increase.”

VIREB president Gary Gray noted that inventory levels are falling due to an increase in sales activity and a decrease in the number of homes being listed.  “As this price sensitive market develops, it is as important as ever to consult with a professional REALTOR® in your area.” he stated.

Top Seven Costly Buyer Mistakes 
Buying a home can be an emotional roller coaster and as a result, it's easy to make mistakes when you're swept up in the excitement of it all.  Here are a few common buyer blunders to be aware of:

  1. Not Thinking Ahead - If you hope to one day start a family in your new home, consider features like local parks and school zones.

  2. Choosing the Wrong Home - Make a list of features that are absolutely necessary.  It's easy to be taken in by curb appeal, but walk away if it doesn't have that critical third bedroom!

  3. Buying a Home that's too Expensive - Buyers who overextend themselves are often forced to sell at a loss.  Avoid the temptation by only viewing homes that are in your price range.

  4. Bad Location, Bad Location, Bad Location - Determining the location that best suits your family's lifestyle is critical so consider proximity to public transportation, schools and other amenities.

  5. Skipping the Home Inspection - Just because a house looks solid doesn't mean all is well behind the scenes.  Making an offer conditional on a home inspection will help eliminate any regrets.

  6. Acting too Slowly - The home you fall in love with could be gone tomorrow if you wait too long.  Do your research ahead of time so you'll have the confidence to act swiftly when the time comes.

  7. Not Using an Agent - It's important to have an agent to help you make decisions, negotiate the offer and explain the conditions to help ensure you enjoy a positive experience.

Buying a home can be very emotional so it's important to stay grounded in order to avoid errors that could cause you to regret your decision.  If you conduct your research ahead of time, you'll be able to move forward with confidence and peace of mind.  If you ever have any questions about real estate, please let me know -- I'm always here to help!  We also have a number of 'sleevey listings' - homes not actively listed but would consider selling if right opportunity.

Staycation - There's No Place Like Home 
Going away on vacation can sometimes be more trouble than it's worth.  Not only do you have to pack and plan but you also have to arrange for someone to collect your mail and look after your pets.

Gas prices also take a huge toll on a vacation budget so this year why not consider a staycation?  Here are a few ideas:

  1. Be a Tourist - Contact your local tourist board so you can plan a trip as if you were visiting your area for the first time.

  2. Take a Hike - Check out a new local community trail.  Enjoy a hike, bike ride, picnic or even a geocaching experience.

  3. Dine Out - Go to a restaurant you've never been to before.  Find out when specials such as “2 for 1” and “kids eat free” are on so you can plan around the deals!

  4. Overnighter - Visit an unfamiliar place an hour or so from home to experience a true getaway.  Book a night at a bed and breakfast or campground to really get into the spirit!

  5. Kids Stuff - Involve your kids by letting them pick a new attraction to visit.  Nearby amusement parks, museums and summer festivals offer endless hours of fun.

Staying home and seeing your area through the eyes of a tourist will give you a new appreciation of where you live.  Not only will you save money but you'll also reduce your carbon footprint while supporting your local economy.  The best part of all is that you won't need a vacation after your vacation!  And here in Parksville Qualcum a staycation is easy as there are so many things to do!

Music For Your Mood 
It's been proven that music can help inspire and motivate us.  The type of music we listen to can also affect our mood in a variety of ways.

Songza is a music streaming app that allows you to listen to music based on the activity you're engaged in, the mood you're in or the mood you want to be in.

Songza's "music concierge" will put together the perfect playlist whether you're waking up or working out. There are various music genres including classic rock, hip hop and even children's music.

Songza has no commercials, you can save your playlists and it doesn't cost a cent!  You can use it on your home computer or on the go with your smartphone.  Check it out for yourself at www.songza.com.



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 . I would be privileged 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 / team@teamw.ca


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