Tagged : Port Alberni Real Estate

Found 47 blog entries tagged as "Port Alberni Real Estate".

As published in Vancouver Island Daily by Nora O'Malley

A coastal haven owned by the family of ’90s TV star is up for grabs on Vancouver Island. Terrace Beach Resort, a commercial offering of 21 suites and cabins next to Ucluelet’s world-famous Wild Pacific Trail, was recently listed for $4,495,000. The Priestley Family — Norma, Lorne and son Jason of Beverly Hills 90210 fame — have been welcoming guests to their vacationer’s oasis for the past 20 years. “We are selling for simple reasons. We are getting older. Retirement age of 65 is long past,” said Lorne and Norma Priestley in an email to the VI Free Daily.

Port Alberni-based realtor Dave Koszegi is working with the Priestleys to find the right buyer. “There is nothing available like it. It’s

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While COVID-19 had a significant impact on the Vancouver Island Real Estate Board’s (VIREB) housing market in April, the board’s May numbers indicate that the market may already be recovering.

Last month, 246 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 189 in April 2020 and 456 in May 2019. Sales of apartments decreased by 56 per cent year over year but were significantly higher than in April, with 44 properties changing hands compared to 17 the previous month. Townhouse sales dropped by 70 per cent year over year but rose by 65 per cent from April. Inventory of single-family homes last month dipped by 14 per cent year over year (1,486 to 1,282). Active listings of apartments rose by 21 per cent (339 to 410) year

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NANAIMO, BC – Sales of single-family homes in October dropped by 11 per cent from 2018 and were virtually the same as in September. Apartment and townhouse sales dipped by nine per cent and 22 per cent, respectively. Last month, 343 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 345 the previous month and 384 in October 2018.

In the apartment category, 88 units sold last month, while 42 townhouses changed hands. Inventory of single-family homes in October rose by 14 per cent from one year ago (1,173 to 1,333). Active listings of apartments increased by 16 per cent (322 to 373) year over year while townhouse inventory dropped by 21 per cent (167 to 132). The benchmark price of a single-family home board-wide was

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With the autumn colours coming into their full vibrancy, our streets, parks, and cityscapes in the Alberni Valley are looking truly beautiful! With the kids back in school and that cosy “fall feeling” upon us, it’s a really special time of year.

Those reasons aside, we provide you with our three expert insights on why you should consider a real estate purchase in Port Alberni this fall:

Sellers are tired - and they’re SERIOUS about making a sale!

Pricing a home properly is THE most important part of selling, and unfortunately, some sellers are over-confident with their pricing during the prime selling season; spring. By pricing their homes more than what the market is looking for, they likely have seen months of little to no action on moving

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Sales of single-family homes in August board-wide dipped by 11 per cent year over year and were nine per cent lower than in July. Last month, 413 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 453 the previous month and 463 in August 2018. Year-over-year sales of apartments and townhouses dropped by 28 per cent and 25 per cent, respectively. REALTORS® are reporting that VIREB’s housing market is adjusting somewhat as buyers adapt to the restrictions imposed by the B-20 stress test and sellers curb the expectations formed during the booming markets of 2016 and 2017 and, to a lesser extent, 2018.

 In the VIREB area, inventory of single-family homes in August rose by 11 per cent from one year ago (1,343 to

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Sales of single-family homes in July board-wide rose by three per cent year over year and were 12 per cent higher than in June.

Last month, 453 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 406 the previous month and 438 in July 2018. Sales of apartments dropped by 14 per cent year over year while townhouse sales increased by 22 per cent.

REALTORS® are reporting that housing sales are steady, even brisk in some areas, but certainly less robust than they were in 2016, 2017, and 2018. Weaker housing demand has contributed to an increase in total active residential listings across the province. In the VIREB area, inventory of single-family homes in July rose by nine per cent from one year ago (1,419 to

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Sales of single-family homes in June board-wide dipped by seven per cent year over year and were 11 per cent lower than in May. Last month, 408 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 458 the previous month and 437 in June 2018. Sales of apartments dropped by 29 per cent year over year while townhouse sales were down by 32 per cent from one year ago. The mortgage stress test (Guideline B-20) continues to hurt housing sales throughout British Columbia, including Vancouver Island.

Although the B.C. economy continues to be highly supportive of housing demand, the negative shock to affordability and purchasing power created by the stress test is making it extremely difficult for some buyers, particularly

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Every year, agents and teams from over 60 different countries gather in sunny Las Vegas to attend the international convention RE/MAX R4! Together associates gather to learn the latest Real Estate marketing and technology trends and to exchange domestic and international referrals. As well, they celebrate the outstanding achievements of the agents in their field - last night, Dave had the honour of receiving the Transaction Award Top Team in British Columbia!

Here's a special note from Dave:

It’s an honour to receive the Transaction Award Top Team in British Columbia! 

THANK YOU to my team and our RE/MAX community and office, and to my beautiful family for all of your continuous support. And thank you to our community of Port Alberni; all of

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The mortgage stress test, also known as Guideline B-20, is taking a toll on housing sales throughout the province, and Vancouver Island is no exception. Sales of single-family homes in January dropped by 28 per cent from one year ago, albeit they did rise by 23 per cent from December 2018.

Last month, 209 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 170 in December and 290 one year ago. Apartment sales were 20 per cent lower than in January 2018, while 34 townhouses sold last month compared to 33 the previous year. Inventory of single-family homes in January rose by 32 per cent from one year ago (987 compared to 748) and was nearly five per cent higher than in December. Active listings of apartments climbed by 38

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Via the Vancouver Island Real Estate Board 

Sales of single-family homes in October were 11 per cent higher than in September but dipped by 16 per cent from October 2017. Last month, 385 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 347 in September and 458 one year ago. The number of apartments and townhouses changing hands last month dropped by eight and 21 per cent, respectively.

This year's housing market is behaving as expected, moderating after the record-setting pace set in 2016 and 2017. Government policy-side measures introduced to cool the market, such as the mortgage stress test (Guideline B-20) and higher interest rates, are taking their toll on housing sales throughout the country.

On the

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