The 2009 Year to Date foreclosure sales list has been uploaded here http://viforeclosures.ca. The list shows every Vancouver Island foreclosure sale on the MLS since January 2009. Some interesting statistics are listed here:
* Average Sale Price $305,434
* On average foreclosures are selling for 95% of list price.
* Average Days on Market is 67 days
Of the 70 foreclosures sold since January 2009 there were 54 single family homes, 10 condos, 4 lots, & 3 duplexes.
News & Updates
May
18
18
Just Listed – 1349 CHESTERMAN BEACH ROAD – TOFINO, Vancouver Island
Entertain in style on Chesterman beach in stunning Tofino, BC. This spectacularly situated, 3600 square foot home, sits as close to the beach as possible with grandfathered setback rules. Architect designed and built from ancient old growth cedar timbers, Continue…
May
17
17
CLIENT APPRECIATION DAY JUNE 16TH RE/MAX NANAIMO
It’s That Time Again! Client Appreciation Day
Saturday, June 16, 2012
RE/MAX OF NANAIMO
#1 – 5140 Metral Drive
11:30 am to 3:30pm
This is a FREE family event sponosred by your local RE/MAX Realtors! Contact John Cooper for more details 250-754-1223 Continue…
May
15
15
What Is Payment Shock & How Do I Deal With It?
With all the recent talk about interest rates, it is appropriate to talk about payment shock. Payment shock is when you renew your mortgage from a low interest rate to a higher rate. This is what contributed to a lot of the problems in the U.S. People were in low teaser rate mortgages and when they came due they had to renew at a much higher rate, making their mortgage unaffordable for them. The mortgage rules in Canada Continue…
May
14
14
SOUNDPROOFING WALLS & CEILINGS FOR INCOME SUITES
Do you have a suite in your home and get noise complaints? Here is the information you need to know to fix or reduce the noise?
The partition walls in most family homes are constructed of Drywall (Sheetrock/Gypsum Board) firmly attached to both sides of a wood or metal stud frame. When sound waves hit one side of the wall it causes the drywall on that side to vibrate. Since the drywall is rigidly connected to the stud frame, the vibration is transmitted right through the studwork to the drywall on the other side and re-radiated. Continue…