Archived blog posts for : September 2012 : page 12

OPEN HOUSE: 4036 Rainbow Hill LANE in VICTORIA - $840,000

Posted on September 19, 2012 by The Preferred Homes Team

Property Photo: 4036 Rainbow Hill LANE in VICTORIA

Open House on Wednesday, September 19, 2012 13:00 - 15:30 - Showhome @ 4032 Rainbow Hill Lane

** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.

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OPEN HOUSE: 4020 Rainbow Hill LANE in VICTORIA - $890,000

Posted on September 19, 2012 by The Preferred Homes Team

Property Photo: 4020 Rainbow Hill LANE in VICTORIA

Open House on Wednesday, September 19, 2012 13:00 - 15:30 - Showhome @ 4032 Rainbow Hill Lane

See details here

** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.

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OPEN HOUSE: 803 Rainbow Ridge LANE in VICTORIA - $795,000

Posted on September 19, 2012 by The Preferred Homes Team

Property Photo: 803 Rainbow Ridge LANE in VICTORIA

Open House on Wednesday, September 19, 2012 13:00 - 15:30 - Showhome @ 4032 Rainbow Hill Lane

See details here

** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.

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OPEN HOUSE: 805 Rainbow Ridge LANE in VICTORIA - $810,000

Posted on September 19, 2012 by The Preferred Homes Team

Property Photo: 805 Rainbow Ridge LANE in VICTORIA

Open House on Wednesday, September 19, 2012 13:00 - 15:30 - Showhome @ 4032 Rainbow Hill Lane

See details here

** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.

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JUST LISTED: 4188 Clinton PL in VICTORIA - $529,900

Posted on September 19, 2012 by The Preferred Homes Team

Property Photo: 4188 Clinton PL in VICTORIA

See details here

Located on a quaint cul-de-sac, this mint condition rancher was custom built for the current owner and has been meticulously maintained. The roof is only 2 years old. This home is ideal for an extended family or for those wanting a mortgage helper. Pride of ownership is evident. You'll enjoy custom features like walnut kitchen cabinetry and a large garage with a workshop area. The main level offers spacious, wide open rooms that flow seamlessly into each other. The self contained 2 bedroom suite is light and cheerful and offers off street parking, separate laundry and loads of storage. Backing onto Northridge elementary school, the location is easily accessible to transportation and shopping. The main level is vacant for quick possession.

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OPEN HOUSE: 801 Rainbow Ridge LANE in VICTORIA - $785,000

Posted on September 19, 2012 by The Preferred Homes Team

Property Photo: 801 Rainbow Ridge LANE in VICTORIA

Open House on Wednesday, September 19, 2012 13:00 - 15:30 **Open house is in Show Suite 4032 Rainbow Hill Lane . Rainbow Hill is a community of 20 prestigious view Town homes.

See details here

** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.

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You have got to love our matching SOLD signs on either side of the road - the sellers sure do!

Posted on September 18, 2012 by The Preferred Homes Team (Re/Max Camosun)

Congratulations to Colleen & Russ on the sale of their home! I look forward to working with you to find your next one.

This the third Willis Point ocean view or ocean front home that we have sold in the last couple of months. If Willis Point isn't on your radar yet, ask us why it should be!

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Congratulations to Karl Leong, Mark Roozendaal, and the other top 20 RE/MAX Camosun Agents

Posted on September 18, 2012 by The Preferred Homes Team (Re/Max Camosun)

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Softer Home Prices combined with Increasing Sales Volume and Inventory

Posted on September 17, 2012 by The Preferred Homes Team (Re/Max Camosun)

The fall market is having a positive affect on sales for both single family homes and for condos. But, to make these sales happen, many home owners are deciding to sell their homes for less than they would like to. We can clearly see that prices are down while sales volume is up. This trend has been strengthening since the summer ended.

Does this mean that further price decreases are coming? That definitely could be the case. On the other hand, prices in Greater Victoria are currently at the lowest point that we have seen them at for several years. We’ve seen a similar situation several times before and, in the past, as soon as buyers feel that Victoria is “on sale” homes start getting snapped up and prices rebound. I wouldn’t be surprised at all if this happens again this time. We may look back a few months from now and kick ourselves for not taking advantage of the situation.

Keep in mind that I am talking about the resale market here. The new home market often behaves differently and is driven by different factors. For example, first time home buyers can get a $10,000 tax break when they buy a new home, not a resale home.

Here are the stats from the last week:

Over the last 30 days, 208 single family houses were sold, up by 5 houses from last week. The median price is down $15,000 to $515,000. The average house was on the market for 55 days.

In the last 30 days, 131 condos were sold, up by 6 condos from last week. The median price is up $5,000 to $260,000. The average condo was on the market for 61 days.

There are now 2,383 houses for sale, up by 07 from last week. Condo inventory has risen by 16 to 1085 suites.

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In 4 months, sitting in about that same spot, you'll be toasting each other in your new kitchen!!

Posted on September 17, 2012 by The Preferred Homes Team (Re/Max Camosun)

Congratulations Scott & Bobbi on your purchase of Lot 9 at Homes at Hazelwood. Your "joie de vivre" is infectious...

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