For the first time in over 30 years, Victoria is launching a "purpose built" rental building called the Hudson Mews. Both 1 and 2 bedroom options are available in 120 suites, and it will be located next door to the popular Hudson building and Victoria Public Market. It will be interesting to see what effect this building has on the downtown rental market, especially for investors.
Looking to sell your home in the new year? Here is a great article from Houzz on how to get your home ready for a "Faster and Better Sale". Tons of articles from how to stage your home, the difference between staging and decorating, how to create curb appeal, and how to save money while doing it all!
It is a happy new year for Greater Victoria Real Estate as December saw an increase in sales of 25% over 2012, a great way to end a strengthening market in 2013. Inventory was also down 9% compared to the end of 2012, as we see an increase in consumer demand. There is no increase expected for interest rates in the near future making it a great time for first time home Buyers to enter the market. I look forward to the new year and helping more clients in the purchase and sale of their homes.
You can view the full article from the Victoria Real Estate Board talking about our current market.
Now SOLD!! A great James Bay Duplex only a few minutes walk to Downtown, Dallas Road, and Beacon Hill Park. Congratulation to my happy Buyers, clients, and new friends.