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Property Photo: 1 1010 Pembroke ST in VICTORIA  
We have just sold another property at 1 1010 Pembroke ST in VICTORIA.  We would love to sell your property, just give us a call.
 
 
This end unit is located on a picturesque tree lined street across from the park. The exterior features a private, fenced yard and a west facing wrap around verandah. Interior features include a drive in garage with a 17 ft workshop or media room; a kitchen equipped with stainless steel appliances; an open living / dining room with oak floors, gas fireplace, skylight and designer colors; 2 full bathrooms plus a powder room; laundry room and ample storage throughout the unit. The layout and functionality are superb. This well maintained complex consists of only 13 units and is conveniently located close to restaurants, shopping and bus routes.
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Property Photo: 4 710 Linden AVE in VICTORIA
We have a new listing at 4 710 Linden AVE in VICTORIA.
 
A premium character conversion in the heart of Fairfield, this suite in ?Christopher House? has a lot to offer the discerning buyer looking for location, quality, and attention to detail. Inside, the bright bay windows, beautiful built-ins, 9 foot plus ceilings, and the gorgeous kitchen with granite counters set this home apart from the crowd. The master suite tops it off with its walk in closet, and ensuite with oversize shower. Located just a few blocks from Cook street village, and equally close to downtown, yet on a quiet Fairfield street, the location is highly desirable. Add to that the balance of the new home warranty, and you have a quality, worry-free home in move in condition.
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Property Photo: 676 Townview TERR in VICTORIA  
We have just sold another property at 676 Townview TERR in VICTORIA.  We would love to sell your property, just give us a call.
 
 
Panoramic & unobstructed southern ocean, city, and mountain views greet you from every principal room in this well cared for house. During the day, watch eagles soar as the cruise ships pass by in the background. At night the city lights provide a stunning backdrop for entertaining, or relaxing in your hot tub, on your very private deck. Unusual for a view home, there is also a large, level, grassy yard. Inside, the home is spacious with an open layout. Upstairs are 3 roomy bedrooms, and a large bonus room, again with great ocean views. Located at the very end of a quiet cul-de-sac, and situated on the lot to maximize privacy and views, this is one worth your consideration
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By David Larock
 
If Canadians shopped for cars the same way we shop for mortgages, most of us would be driving around in old beaters that would be better used as lawn ornaments. That’s because all of our focus would be on price (interest rate), and not on potential repair costs (interest rate penalties).
 
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A quick check with a few of my mortgage broker and bank contacts tells me that  variable rate mortgages can be had for 2.2%.  Five year fixed rate mortgages vary widely from 3.65% all the way to 5.69%.  It pays to shop around.
 
Most "experts" in the field feel that it is quite likely that the Bank of Canada will increase its key rate in June of this year, most likely leading to increased mortgage interest rates.  Keep this in mind when choosing between a fixed or variable rate mortgage.
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Over the last 30 days, 247 single family houses were sold, down by 23 houses from last week.  The median price is unchanged at $560,000. The average house was on the market for 29 days.
 
In the same time period, 140 condos were sold, down by 10 condos from last week.  The median price is up $15,500 to $320,000. The average condo was on the market for 35 days.
 
This is the fourth week in a row that the number of home sold has been lower than the week before. 
 
There are now 2,011 houses for sale, up by 75 from last week.  Condo inventory has risen by 15 to 1021 suites.
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Recognize the different styles and strategies of negotiation:
 
Many buyers think that the way to negotiate their way to a fair price is by offering low. However, in reality this strategy may actually result in the seller becoming more inflexible, polarizing negotiations. Employ the knowledge and skills of an experienced realtor. They will know what strategies of negotiation will prove most effective for your particular situation.
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The Vancouver Sun reported today that inflation in March was higher than expected.  Since controlling inflation is the key goal in our central bank's interest rate policy, it is increasingly likely that we will see mortgage interest rates start to rise in June.
 
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Over the last 30 days, 270 single family houses were sold, down by 15 houses from last week.  The median price is down $1,000 to $560,000. The average house was on the market for 29 days.
 
In the same time period, 150 condos were sold, down by 9 condos from last week.  The median price is up $5,000 to $304,500. The average condo was on the market for 35 days.
 
There are now 1,936 houses for sale, up by 46 from last week.  Condo inventory has risen by 12 to 1006 suites.
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Property Photo: 400 Quayle RD in VICTORIA
We have a new listing at 400 Quayle RD in VICTORIA.
 
Nestled in the centre of its beautiful garden, this grand & spacious country home offers tranquil rural living, yet is just minutes from downtown, and a short walk to Camosun College Interurban campus. Inside, the large, well appointed rooms are rich in detail and invite you to sit down and enjoy the garden view. A recently completed and extensive renovation means that this home is in superb move in condition. Downstairs, you will find a bright & cheery in-law suite, perfect for a teenager or extended family members. With 3 bedrooms, with potential for a fourth, and such a great location, this home deserves your careful consideration.
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