Douglas and Koehle Real Estate Group
1-4505 Victoria Quay V9Y 6G2 Port Alberni, BC, Canada

https://www.cheknews.ca/ive-never-seen-a-market-like-this-/

This is positive news! an excerpt from Royal LePage Survey: British Columbia... In British Columbia, 49 per cent of residents aged 25 to 35 own their home. Of those homeowners, 27 per cent purchased a home since mid-March of last year. Among those who do not currently own a home, 65 per cent say they intend to buy within the next five years. Strong demand from buyers aged 25 to 35 continues to drive sales in Western Canada. As is the case from coast to coast, many young Canadians in British Columbia (41%) have seen their savings grow since the onset of the pandemic, which has been an important factor in their decision to purchase a home during this time, along with historically low interest rates. Low interest rates are oxygen for the market, said Adil Dinani, sales representative at Royal LePage West Real Estate Services in Greater Vancouver. Younger buyers have a positive association with home ownership. They see the value in it and they’ve done the math. Currently, a monthly mortgage payment can equate to little more than renting. Ninety-one percent of those surveyed in the province believe that home ownership is a good investment. Dinani noted that clients in this age group are thinking more long-term, and low interest rates have made it possible for them to purchase a larger starter home. Over the last year, I’ve noticed a shift in priorities where first-time buyers are increasingly valuing size and outdoor space over location, said Dinani. Seventy-one per cent and 72 per cent of those surveyed in B.C. feel confident in their short-term and long-term personal financial outlook, respectively. Dinani expects activity among this cohort to remain high this spring and throughout the coming year. Royal LePage 2021 Demographic Survey (full national, regional and city-level results): rlp.ca/table_2021demographicsurvey

https://m.facebook.com/story.php?story_fbid=2865285517126111&id=100009340729772&sfnsn=mo

Below is a look at the last twelve months selling price of a single family home in Port Alberni and Sproat Lake. At this time, there are only 36 single family homes for sale in Port Alberni and 5 single family homes for sale at Sproat Lake. If you are interested in selling your property or knowing the current market value give Amanda or Marilyn a call, 250-723-5478, or email [email protected]

What a year it has been! Phew! How will you reclaim 2021? Are you planning to purchase a new home? Start a new hobby? Pursue your passion? Whatever it may be, I hope you find joy and fulfillment in it.... Stay safe and hope you have an amazing New Year’s Eve!

Happy New Year from Amanda and Marilyn!

It’s almost the end of the year. Many things have happened around the world this 2020 that NONE of us could have predicted. Surprisingly, the real estate market has actually faired very well during this pandemic. If you want know your home's market value, let me know in the comments and I will be happy to send you a market report today!

In color psychology, the color blue is linked to a calming effect. Just looking at it inspires the feeling of serenity, peace and quietness. This character is one of the biggest reasons why more homeowners are adding blue to the most frequently visited room in the home. What are your thoughts? Yay? or Nay?

What are you currently reading? I would love to have your suggestions to add to my reading list.

When you’re house is up for sale during the holiday months, you should consider decorating it in a subtle, tasteful, and inviting manner. Here are some tips for staging an elegant and warm home for the holidays: 1. Clean up and declutter your home.... 2. Keep your decorations classic and minimalistic 3. Focus on enhancing the features of your home. 4. Consider day and night appeal. 5. Put up a tree but have it blend into the style of the home. Staging your home for the holidays doesn’t have to be stressful. Always think like a homebuyer. What would make you feel like you want to buy your home? Don’t go overboard with decorations and keep classy, homey, and warm.

Congrats to our sellers and thank you for letting Douglas & Koehle be your Realtors!

New on the Market

Happy Sunday, everyone! It’s been such a busy week so I’ve been looking forward to a little down time! How about you? I would love to hear what are the hobbies you’ve developed this year!

Grand Opening in Ucluelet, BC! We're incredibly happy to annouce that our new office is officially open to serve clients in both Ucluelet and Tofino! Ch...eck us out at 11 - 1636 Penninsula, Ucluelet BC. #TheFentonTeam #WeSellHomesVirtually #RoyalLePagePortAlberniPacificRimRealty

A great video of Port Alberni! https://youtu.be/YwnGyXmAYaE

We're super excited to introduce our latest video creation: an "at a glance" peek at VIREB's October 2020 housing market. We'll be producing and posting these v...ideos every month, just a day or two after releasing our monthly stats. If you're looking for our October stats package, you'll find it at https://bit.ly/35WXrH4. #HousingMarket #HowREALTORSHelp #ProudREALTORS #RealEstate #VancouverIsland