Blog by Tracy Keenan-Whyte

< Previous

Real Estate News, Current Stats & Previous Month Recap

April 10th, 2018

January 2017 numbers are out.

February 1st, 2017
Check out the link HERE.

First Time Home Buyer Assistance in BC

December 17th, 2016
This is really good news for first-time home buyers in BC.
Salient details:
• $$ Match Program to Downpayment already saved by 1st Time Home Buyer
• Max. contribution of $37,500
• Interest-free & Payment-free for first five years
• Registered on the Title as a 2nd Mortgage. Applications being taken starting Jan 17, 2016

Check out one or both of these links for more details:

Globe & Mail - December ...

October 2016 Market Update

December 17th, 2016

October numbers are out and we are continuing the 'no inventory' trend with yet another decline in available units from the previous month. For a sense of a similar market - think 2006 and early 2007 as our levels are similar. That said, if you are on top of the market there are opportunities out there - and not every property is on delayed offer. (Delayed offer: typically 4-6 days after the ...

What do the New Mortgage Rules in effect after October 17th Mean to You?

October 9th, 2016
Chatting with Jodie Kristian, Mortgage Broker with Modern Mortgage Group/Dominion Lending, she's distilled it down to this: "The new rules adjust the amount one qualifies for by approximately $100,000. If you qualify for $500,000, after Oct. 17 its approx. $400,000." In other words you have 18% less buying power. A couple of links to check out for more information:

The Globe & Mail - Four Ma ...

November Recap & Market Update

December 7th, 2015
For a recap of real estate news and November market conditions check out my monthly market update:

August 2015 Victoria Real Estate Stats

September 1st, 2015

Sizzling Hot Greater Victoria Market

July 8th, 2015
Okey dokey - I said more to come - and here it is. A breakdown for June by community for sales, days on market, type of housing etc. You can see the trend - it is Up Up Up. Fantastic time for Sellers. So, if the notion of selling is even a twinkle in your eye - call me. There are tons of Buyers out there and simply not enough inventory. A recent Fairfield listing of mine had over 150 groups t ...

Canstruction 2015 - Mayfair Mall - Supporting the Mustard Seed!

May 3rd, 2015
Check it out! Macdonald Realty / Lowe Hammond Rowe Architects Canstruction creation "Close Encounters of the Third Kind" at Mayfair Mall. I missed the build on Friday night - and showed up on Saturday for final touches and photo op! Timing is everything eh? Seriously though, big thanks to the architects at Lowe Hammond Rowe, Neil Gurton our Macrealty team lead and the Dahlia Society. Big than ...

Canstruction 2015 - Mayfair Mall - Supporting the Mustard Seed!

April 30th, 2015

Please check out Canstruction 2015 being held at Mayfair Mall tomorrow May 1st 5-9pm and Saturday May 2nd 9am-5pm with judging 5-7pm. We have a Macdonald Realty team entered into the competition - which is to design and construct a structure/sculpture entirely from food cans! This charitable event is in support of the Victoria Mustard Seed. Come down and cheer us on!

< Previous