Market Value is considered to be the price at which a buyer is willing to purchase a home and a seller is willing to sell it for. But, what happens in a shifting market when it looks like prices are changing?

Andrew and Jane will talk about what's happening locally and federally and what that means for you.

Jane Johnston RE/MAX

https://www.briarhillgroup.com/

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https://bit.ly/Subscribe-youtube-JaneJohnston

This past July, the Federal government passed a law to stop foreign buyers from purchasing property in Canada from Jan 1, 2023 to Dec 31, 2024. Jane and Andrew will discuss where the buyers are coming from and is this really going to make a difference to Canadians?

Today Andrew and Jane will talk about market timing, how strategies for buying and selling differ depending on market conditions and how to position yourself for the best outcome.

Realtor Karen Dinnie-Smyth is stepping in for Jane today as she is away. Karen and Andrew will be talking about real estate and how the Victoria Real Estate Board works with the BC real estate association, the Canadian Real Estate Association and the BC Financial Services Association to provide guidance, resources and recognition for Realtors’ work.

Jane Johnston RE/MAX

https://www.briarhillgroup.com/

Subscribe to my youtube channel! 

https://bit.ly/Subscribe-youtube-JaneJohnston

Today Andrew and Jane will do a summary of the market for August and speak with Guest Doug Dolan of R Dolan Construction. How does one go about building a new home? How much does it cost? How does the financing work? What factors do you need to be aware of about a potential development site?

Jane Johnston RE/MAXhttps://www.briarhillgroup.com/

Subscribe to my youtube channel!
https://bit.ly/Subscribe-youtube-JaneJohnston

Jane and Andrew will comment on the August real estate activity and predict what's coming up for the fall market.

Today Jane and Andrew will talk about how sellers and agents come up with the list price for homes.

Today we will talk about pre-screening properties before you view them. You have the opportunity to view property information in person before you see the product. A variety of supplements are available to you. So how do you interpret what you are seeing? Join Jane and Andrew this morning as we review common items found on listing supplements.

We have shifted from a strong sellers market into a balanced market. Buyers are trying to low ball and sellers aren't there yet. What does this "new normal" mean for buyers and sellers? With interest rate increases on the horizon, should both buyers and sellers concede a little now for long term gain?