Vancouver Island Real Estate News from TeamW - Rudi & Trish June 2014   

Hi Paul,

Where does time go - the 1st day of summer is almost upon us, we are looking forward to attending our neighbour's Summer Solstice gathering on the 21st.

The market continues to be quite active.  Our son has been transferred and has recently sold his home in Comox and bought a home in Chilliwack.  Now they are preparing for the actual move itself and it has been very interesting, and a good reminder, to see / hear first hand of the questions, hesitations, excitement, etc. that people go through when making a move.  It will no doubt help us to relate even better to our clients and what they go through, it has been 10 years since we have made a move. 

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 & Trish W.

In this issue...
Healthy May Market Paves the Way for Strong Summer Sales 
Sales activity across the Vancouver Island housing market area continued with an upward swing this May, paving the way for a strong summer market.

A total of 485 single-family homes sold on the MLS® system in the VIREB coverage area in May 2014.

This represents an 8 per cent increase over sales recorded last year at this time.

Inventory levels continue to remain slightly lower than last year, with active listings down approximately two per cent.

According to VIREB president, Blair Herbert, the lower inventory has not had much of an impact on pricing trends, as home prices have remained relatively stable.  “Typically, when listing inventory is down, the market begins to experience some modest pressure on pricing; however, this has not been the case in the VIREB market area thus far,” he said.

“The Vancouver Island market continues to be very affordably priced for buyers in comparison to some of the larger urban markets across the country,” said Herbert.  “In terms of overall value for your dollar, our market is very attractive.”

According to BCREA chief economist, Cameron Muir, low interest rates continue to be a powerful incentive to get into the marketplace.  While market activity has remained robust, he does not anticipate any movement in the housing market until later this year.  “We are in a bit of a holding pattern as we wait for the economy to catch up, particularly on the job front,” he noted.

You can see an overview of the statistic for the greater Parksville - Qualicum Beach area on our web site at http://www.teamw.ca or feel free to contact us for more detailed information or to discuss your particular situation.

Natural Mosquito Repellents 
Pesky mosquitoes really know how to ruin outdoor fun.

Mosquitoes are obviously a real nuisance but more importantly, they can carry diseases such as West Nile disease and malaria.  Here are a few natural solutions that’ll help repel those little bloodsuckers:

  1. Oil Up - The mixture of eucalyptus and lemon oils are a very effective way to naturally repel mosquitoes.  Mix the oils in equal proportions and apply on your body.

  2. Empty Out - Mosquitos are attracted to standing water so empty out flowerpots and pet dishes and repair leaky pipes and faucets.

  3. Nature’s Own - Certain plants and herbs such as mint, marigold, catnip, rosemary and lemon grass are effective in keeping pests away.

  4. Get Batty - Consider installing a bat house in your yard.  Although the idea of furry, flying creatures may not appeal to you, their large appetite for mosquitoes will make up for it.

Protect yourself this summer by trying a variety of alternatives and avoid wearing dark clothing and heavy fragrances.  If you’re a mosquito magnet, you may be tempted to try some of the “tall tales” such as garlic, dryer sheets and vitamin B.  Although there’s no scientific proof, many people swear by them!

The Green House Effect 
Homeowners everywhere are demanding eco-friendly choices.

Enjoying a green home not only helps protect the environment but will also yield you long-term financial benefits.  Here are a few environmentally friendly ideas to keep in mind if you’re looking to update your home:

  1. It’s a Tankless Job - A tankless water heater may cost more initially but you’ll save money in the long run as water's only heated when it’s needed.

  2. Sunny Side Up - Installing solar panels will cut the cost of your electricity bill, contribute to the fight against global warming and add value to your home.

  3. Breathe Easy - Volatile organic compounds (VOCs) are emitted from building materials such as cabinets, carpet and paint and are detrimental to our health.  Improve your air quality by using VOC alternatives.

  4. Hug a Tree - Cork, reclaimed wood and bamboo are all environmentally friendly flooring options. The carpet industry is also starting to meet the needs of conscious buyers by using recycled materials and natural fibres.

  5. Add-Ons - Consider the environmental impact of your choices when adding extra rooms by insulating the walls and strategically placing windows to take advantage of the sun's heat.

  6. Reuse & Repurpose - Using salvaged and reclaimed building materials for your renovations will add unique style and function to your home while saving the planet and your pocketbook.

If you’re thinking about remodeling, there are many choices available that will help make a huge impact on the environment.  Buyers are looking for greener alternatives so making these kinds of changes will help down the road when you’re looking to sell.

There's a Lot at Steak! 
There’s nothing better than grilling a steak in the great outdoors!

The sizzle and aroma of a BBQ is a sure sign that summer’s just around the corner.  No one likes a dry, overcooked steak so here are a few tips to ensure your steak gets the best treatment:

  1. Let it Sit - Bring the steak to room temperature before grilling as it will cook more evenly.

  2. Fire it Up - A hot grill results in a juicer steak so always preheat your BBQ.

  3. Don’t Poke - Never cut into a steak to see if it’s done as the juices will escape.

  4. Rest Easy - Let it rest for 5 minutes under tented foil to allow the juices inside to redistribute.

The type of beef obviously makes a huge difference to the taste but many experts say that marbling (the thin white streaks of fat) is just as important as it makes for a juicer, more tender steak.  Happy Grilling!



PS  Oh by the way, we are never too busy for any of your introductions.  If you know of anyone that may benefit from our help please contact us with their name and number and let them know that we will be in touch.  We would be privileged to assist them!

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