Category: Newsletters

September Monthly newsletter – ally and dennis

Welcoming September: Your Real Estate Autumn Update

As the warmth of summer transitions into the golden hues of autumn, September marks a pivotal moment in the real estate landscape. In this month’s newsletter, we’re excited to bring you a curated blend of market insights, seasonal tips, and property inspiration.

Whether you’re considering a move or simply want to stay informed, our September update is designed to equip you with valuable knowledge and a touch of seasonal inspiration.

Here’s to a September filled with exciting possibilities and a thriving real estate journey!

Stay well,
ally and dennis

Victoria real estate market needs better mix of housing supply to help restore balance

September 1, 2023  A total of 544 properties sold in the Victoria Real Estate Board region this August, 13.8 per cent more than the 478 properties sold in August 2022 and an 8.6 per cent decrease from July 2023. Sales of condominiums were up 10.8 per cent from August 2022 with 164 units sold. Sales of single family homes increased 9.6 per cent from August 2022 with 273 sold.

“Real estate activity this month reflected what we’d expect to see in an average late summer housing market,” said Victoria Real Estate Board Chair Graden Sol. “The beginning of the month was reasonably slow, and sales ramped up through the last half of the month. The brisk sales pace leading up to the end of August may very well continue into September.”

See the full report HERE.

As the leaves start to turn, it’s time to get your yard ready for fall. Here are 4 essential tips:

  1. Rake and Remove Leaves: Keep your lawn healthy by raking and removing fallen leaves. This prevents suffocation and promotes grass growth.
  2. Trim and Prune: Give your shrubs and trees a tidy look by trimming and pruning any dead or overgrown branches. This ensures healthy growth come spring.
  3. Lawn Care: Continue mowing your lawn until it stops growing. Apply a fall fertilizer to strengthen the roots and help your lawn survive the winter.
  4. Plant Fall Bulbs: Add a pop of color to your yard next spring by planting fall bulbs like tulips and daffodils now.

A little yard work now sets the stage for a vibrant and healthy landscape next year.

august Monthly newsletter – ally and dennis

AUGUST NEWSLETTER

As the warmth of summer reaches its peak, August presents us with a golden opportunity in the real estate market. With the sun shining bright, potential buyers are eager to find their dream homes, and sellers are poised to showcase their properties’ best features. It’s a season of excitement and possibilities, making it the perfect time to explore the market for your buying or selling needs.

With the real estate landscape brimming with activity, we’re here to guide you through this dynamic period. Whether you’re searching for a cozy family home or aiming to sell for the best return, our expert team is dedicated to ensuring your success in this flourishing market.

Let’s embark on this journey together and make the most of the fantastic opportunities August has in store!

Stay well,
ally and dennis

Victoria Real Estate sales reflect summer trends

A total of 595 properties sold in the Victoria Real Estate Board region this July, 16.7 per cent more than the 510 properties sold in July 2022 and a 15.6 per cent decrease from June 2023. Sales of condominiums were up 16.3 per cent from July 2022 with 200 units sold. Sales of single family homes increased 15.4 per cent from July 2022 with 293 sold.

“We talked about the return to seasonal norms last month,” said Victoria Real Estate Board Chair Graden Sol. “The July numbers reinforce the re-establishment of seasonal patterns with a slow-down in activity as the summer season set in. This dip in activity doesn’t come as a surprise — it aligns with the familiar and expected seasonal patterns that have been observed in our market over the years.”


See the full report HERE.

Creating an inviting front porch can significantly enhance your home’s curb appeal and provide a warm welcome to guests. Here are five tips to achieve a charming and inviting front porch:

  1. Cozy Seating Arrangement: Arrange comfortable and inviting seating on your front porch to encourage relaxation and conversation. Consider adding a porch swing, rocking chairs, or a cozy outdoor sofa. Choose weather-resistant cushions and pillows in warm, welcoming colors to create a cozy and inviting ambiance.
  2. Lush Greenery: Incorporate greenery and plants to add life and freshness to your front porch. Place potted plants and hanging baskets with colorful flowers or lush green foliage. Consider using planters with varying heights and sizes to add depth and visual interest. Just ensure you select plants that thrive in the specific lighting conditions of your porch.
  3. Welcoming Doormat: A charming doormat can instantly set the tone for your front porch. Opt for a doormat with a warm greeting, a stylish pattern, or even a custom monogram to add a personalized touch. Make sure it’s durable and easy to clean to withstand the elements.
  4. Adequate Lighting: Proper lighting can transform the ambiance of your front porch, especially during the evenings. Install outdoor wall sconces or pendant lights to provide ample illumination and enhance the porch’s charm. Consider adding string lights or lanterns for a soft, magical glow.
  5. Decorative Accents: Add character and style to your front porch with carefully chosen decorative accents. Hang a beautiful wreath on the door, place decorative lanterns on the steps, or incorporate art pieces or sculptures that complement the porch’s overall theme. Just be mindful not to overcrowd the space; simplicity often has a powerful impact.

By following these tips, you can create an inviting front porch that not only adds to your home’s curb appeal but also becomes a delightful spot to relax and enjoy the outdoors.

July Monthly newsletter – ally and dennis

JULY NEWSLETTER

We hope this email finds you in high spirits as we dive into the sunny days of July! 

With the season in full swing, there’s an undeniable sense of excitement in the air, and the real estate market is no exception. Whether you’re considering buying, selling, or simply exploring the market, we’re here to provide guidance, expertise, and a friendly face throughout the process. Your satisfaction and happiness are at the forefront of everything we do, and we’re committed to making your real estate experience a positive and rewarding one.

As we navigate the summer market, keep in mind that the warm weather brings unique opportunities for buyers and sellers alike. If you’re thinking about making a move or have any questions about the current market conditions, please don’t hesitate to reach out. We’re here to provide the insights and support you need to make informed decisions.

In the meantime, we encourage you to take some time to savor the simple joys of the season. Whether it’s exploring local attractions, spending quality time with loved ones, or embarking on new adventures, summer is the perfect time to create beautiful memories.

Wishing you a summer filled with laughter, and sunshine!

Stay well,
ally and dennis

Conclusion of a strong spring Victoria real estate market

July 4, 2023  A total of 705 properties sold in the Victoria Real Estate Board region this June, 15.2 per cent more than the 612 properties sold in June 2022 and a 9 per cent decrease from May 2023. Sales of condominiums were up 19.8 per cent from June 2022 with 242 units sold. Sales of single family homes increased 6.6 per cent from June 2022 with 322 sold.

“As we consider the first half of the year, we see a return to a more traditional sales trend which follows the seasons,” said Victoria Real Estate Board Chair Graden Sol. “During and shortly after the pandemic, we couldn’t rely on our usual comparisons to explain the market. This year we have seen a return to a seasonal pattern, where the sales are slower through the winter and may peak in the spring. This seasonal trend is generally followed by a summer market which remains stable but is not as highly active.”


See the full report HERE.

This Sparkling Watermelon Lime Cooler is the perfect way to beat the summer heat. It’s easy to make and offers a delightful combination of sweet watermelon, tangy lime, and fizzy bubbles. Sip it on a sunny day, relax, and let the refreshing flavors transport you to a state of pure relaxation and enjoyment.

Sparkling Watermelon Lime Cooler

Ingredients:

  • 2 cups seedless watermelon, cubed
  • Juice of 1 lime
  • 1 tablespoon honey or agave syrup (optional)
  • 1 cup sparkling water
  • Ice cubes
  • Fresh mint leaves for garnish (optional)

Instructions:

  1. In a blender, combine the watermelon cubes and lime juice. Blend until smooth and well combined.
  2. Taste the watermelon mixture and add honey or agave syrup if desired, adjusting the sweetness to your preference.
  3. Fill a glass with ice cubes and pour the watermelon mixture over the ice.
  4. Top it off with sparkling water, gently stirring to combine.
  5. Garnish with a sprig of fresh mint leaves, if desired, for an extra burst of freshness.
  6. Serve immediately and enjoy the cool, revitalizing flavors of this refreshing summer drink.

June Monthly newsletter – ally and dennis

JUNE NEWSLETTER

June is a month of endless possibilities for buyers and sellers alike. With longer days and warmer weather, it’s the perfect time to explore new neighborhoods, envision your dream home, or embark on a thrilling property hunt. It’s also a great time to consider selling, when the weather is better and it’s easier to transition homes especially if you have kids. It’s always nice to get the family all settled before September.

As always, we’re here to guide you every step of the way, with local expertise and industry knowledge to ensure your real estate journey is smooth and rewarding. 

Wishing you a wonderful summer full of adventures and look forward to helping you make June a month filled with new beginnings, exciting opportunities, and the joy of finding your dream home.

Stay well,
ally and dennis

Spring market begins to grow just in time for summer

June 1, 2023  A total of 775 properties sold in the Victoria Real Estate Board region this May, 1.8 per cent more than the 761 properties sold in May 2022 and a 21.7 per cent increase from April 2023. Sales of condominiums were down 0.8 per cent from May 2022 with 248 units sold. Sales of single family homes increased 8.7 per cent from May 2022 with 399 sold.

“The month of May marks the highest number of sales we’ve seen since April of last year,” said Victoria Real Estate Board Chair Graden Sol. “While we haven’t seen the number of total sales we would expect in a spring market, the month of May marks the fourth consecutive month with sales higher than the month previous. With momentum building, there’s an indication of consumer optimism in the market heading into June. However, if the ongoing lack of homes for sale persists and inventory is not added, we risk a return to an overheated market with pressure on pricing.”
See the full report HERE.

By following these tips, you’ll be well on your way to creating a stylish, functional, and inviting BBQ area that will become a hub for entertaining and enjoying delicious meals with family and friends. Happy grilling!

  1. Designate the Perfect Location: Choose a suitable spot for your BBQ area that is convenient and practical. Consider factors such as proximity to the kitchen, outdoor seating, and adequate space for grilling activities. Ensure there is proper ventilation and clearance around the grill for safety. Additionally, take into account winds and the direction of sunlight to create a comfortable and enjoyable environment.
  2. Create a Functional Layout: Plan your BBQ area layout to optimize functionality. Designate separate zones for food preparation, cooking, and dining. Incorporate ample counter space for prepping ingredients and placing utensils and serving dishes. Install storage solutions, such as cabinets or shelves, to keep grilling essentials and accessories easily accessible. Consider incorporating a sink or water source for convenient clean-up.
  3. Provide Comfortable Seating: Make sure your BBQ area offers comfortable seating for both the griller and guests. Invest in durable outdoor furniture that can withstand various weather conditions. Opt for seating options like patio chairs, benches, or even a picnic table, depending on the available space and your preferred aesthetic. Don’t forget to provide shade options like umbrellas or a pergola to shield your guests from direct sunlight.
  4. Enhance Ambiance and Safety: Elevate the ambiance of your BBQ area with thoughtful additions. Install outdoor lighting to extend the usability of the space into the evening. Consider string lights, lanterns, or pathway lighting to create a warm and inviting atmosphere. Incorporate greenery with potted plants, flowers, or even a small garden nearby. Additionally, prioritize safety by having fire extinguishers easily accessible and ensuring proper ventilation around the grilling area.

may 2023 newsletter – ally and dennis

MAY NEWSLETTER

As the spring season blooms, we really start to see the real estate market warm up. 

May is a great time to get into the market, and we are confident that we can find the perfect home for you. With interest rates stable and more inventory becoming available, now is the perfect time to start your search. Whether you are a first-time homebuyer or looking to upgrade to a larger home, there are plenty of options available to suit your needs and budget.

It’s also a great time to consider downsizing. It feels great to declutter and clear space in Spring so if you are considering downsizing and accessing some home equity, now is a great time to start that process. 

As your trusted REALTORS®, we are committed to helping you navigate the buying and selling process with ease. We have access to the latest market trends and data, and we are always available to answer any questions or concerns you may have. Our goal is to ensure that your real estate experience is as seamless and stress-free as possible.

Thank you for your continued trust and support. We look forward to working with you in the coming months and helping you achieve your real estate goals.

Stay well,
ally and dennis

Not enough growth in inventory numbers means spring market sales slow

May 1, 2023  A total of 637 properties sold in the Victoria Real Estate Board region this April, 22.7 per cent fewer than the 824 properties sold in April 2022 but an 8 per cent increase from March 2023. Sales of condominiums were down 21.8 per cent from April 2022 with 205 units sold. Sales of single family homes decreased 19.4 per cent from April 2022 with 325 sold.

“Sales numbers for this April are more moderate than the higher levels we’ve seen in recent years,” said Victoria Real Estate Board Chair Graden Sol. “We are in a familiar market pattern, where the majority of sales for the year occur in the spring. While we’ve seen an increase in sales over the previous month, we’re not expecting a return to record setting activity. Our inventory levels continue to be very low and new properties are slow to come onto market. More inventory is needed to balance the supply against spring demand. The good news is that prices have stabilized for now. If listings do not pick up over this season, there is a risk that the price stabilization could turn and we could see prices increase.”

See the full report HERE.

Nothing nicer than a well kept beautiful garden – follow the gardening tips below so your garden can be spring ready!

  1. Plant Summer Annuals: May is a great time to plant your summer annuals, such as marigolds, petunias, and impatiens. These plants thrive in the warmer weather and add a burst of color to your garden.
  2. Prune Spring-Blooming Shrubs: If you have any spring-blooming shrubs in your garden, such as azaleas or rhododendrons, now is the time to prune them. This will encourage new growth and ensure that they bloom again next year.
  3. Fertilize Your Lawn: May is a great time to fertilize your lawn, as it will help promote healthy growth and lush green grass. Be sure to use a fertilizer specifically formulated for lawns and follow the instructions carefully.
  4. Keep Your Garden Watered: As the weather starts to warm up, it’s important to keep your garden well-watered. Make sure to water deeply and less frequently, rather than shallowly and frequently, as this will encourage deeper root growth.
  5. Start Your Vegetable Garden: May is the perfect time to start your vegetable garden on Vancouver Island. You can plant a variety of vegetables, such as tomatoes, peppers, and cucumbers. Make sure to choose a sunny spot and prepare the soil by adding compost or other organic matter.