BH Team Blog

Effective March 15, 2018, the BC Superintendent of Real Estate will be taking away your right to choose your own representation. So how does this impact you, the consumer?   

Mr. Michael Noseworthy, the Superintendent of Real Estate has given directions to the Real Estate Council of B.C. [RECBC] to implement changes that are supposedly for the protection of buyers and sellers. These changes are to be effective on March 15th, 2018.

However, one of the major concerns to realtors is the new rule with respect to what is called "double recusal". Recuse means "to remove oneself from participation to avoid a conflict of interest." Here is an example of how "double recusal" could apply if you are going to sell your house.

You, the sellers have decided on

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Winter Scene with Girl at HomeThinking of selling your Comox Valley home during the winter?  Perhaps you've found a new home that suits your needs, you have a winter job relocation, or maybe life circumstances have you moving in a new direction. Some people prefer to sell in summer, however there are advantages to also selling in the winter.  During a time when there is typically less inventory coming on the market, you may be able to put your home in the spotlight.  Just as much as you are contemplating a winter move, so are other buyers. Now is as good a time as any to put your best foot forward!  Here are some tips for how to showcase your home in the best light during winter months.  If you have any additional ideas, we welcome your input.  Please leave a comment below!

  • Curb
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On October 17, 2017 the Office of the Superintendent of Financial Institutions Canada  (OSFI) published the final version of Guideline B-20 - Residential Mortgage Underwriting Practices and Procedures.  This revised guideline will come into effect on January 1, 2018 and applies to all federally regulated financial institutions.

What does this mean for new buyers?  OSFI is setting a new minimumum qualifying rates, or "stress test" for uninsured mortgages.  As well, lenders will be required to enhance their loan-to-value measurement and limits. Dave Robertson, Mortgage Specialist with RBC has kindly taken the time to provide an overview of changes to come.  Be sure to watch our video shown below.  

For more details

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Come with us as we explore Goose Spit, in the beautiful Comox Valley. Goose Spit is a favorite spot for all age groups. Whether it is a night on the beach with your loved ones or hanging out with some friends, storm watching, kayaking, a stroll along the beach - you will be sure to enjoy the panoramic views.  If you could live near this beautiful waterfront location, what would be your favorite activity?  

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Comox Valley living can be described as peaceful, tranquil and for many it is a place to consider for retirement.  The good news is it doesn't stop there!  With so many abundant opportunities for business, sports and recreation, it is clear why so many young families consider this vibrant area as a first choice for relocation. An example of the fun that can be had is shared by our own Bryce Hansen, Realtor in this fun video shown below.  Do you have a favorite sport in the Comox Valley?  Please share below - we'd love to hear about it! 

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Real Estate Fast Facts on the Comox Valley - September 2017 Update 

Whether you are an investor, a homeowner, or considering buying your first home, it's always interesting to keep an eye on how the real estate market has been evolving over recent months.Each month MGD kindly provides RE/MAX Ocean Pacific Realty with stats from Building Links and the Vancouver Island Real Estate Board (VIREB). This information, along with historical data,  is also posted to our Market Statistics page - accessible by CLICKING HERE.  

⌂  In the 12 months ending September 30th, 2017, there were 1841 sales of all property types, a 10% decrease over the same period in 2016.  The highest number of annual sales was 2256 in 2007.  The lowest was 879 in 1998.  2017 marks

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Paintbrushes, hammers, screwdrivers and saws, all common tools that you might find in the garage of a homeowner.  Many homeowners thrive on tackling new projects, attending to repairs and planning renovations. For others, it is either not feasible or simply an unwanted task, yet the job needs to be done. Whether you are doing it yourself, or hiring a contractor, there are some renovations that will require a permit.

Comox Valley Home RenovationsGetting a permit in advance not only ensures that you stay in the "good books" with the authorities, it can be helpful when the time comes to sell your home. Consider it an investment in your real estate. Imagine if you spent your hard earned money building a wonderful second dwelling on your property for rental income, only to find out

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It’s an ideal time to sell in the Comox Valley! Home prices are steadily rising, and inventory is selling in record time. Although being in a seller’s market creates ideal conditions for ours sellers, our work doesn’t stop here! We’re here to help you put our experience and proven marketing systems to work – so you can get the highest price for your home.

 It’s all about leverage. Here’s how to make the most of your sale this Spring:

Consider curb appeal

You’ve heard it before, but you’ll hear it again! First impressions are paramount to a potential buyer’s decision to learn more about the home – or not. Don’t underestimate the power of our social media marketing strategy and savvy drive-bys. Before a buyer steps foot into your listing, chances

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Easter is here and that means extra time with your family and friends to enjoy the beautiful Comox Valley! Between our local recreation departments, Filberg Lodge and Park and local businesses, there is no shortage of fun things to do with your loved ones this weekend.

The Filberg Park Annual Easter Bunny Trail

April 15 & April 16

A self-guided Easter hunt around Filberg Park! You can pick up a trail map anytime from 11 a.m. – 3 p.m. Saturday and Sunday and begin your search to find all of the bunnies! Once completed, turn in your map for treats and prizes.

Easter Farmers Market / April 15

Head over to the Hornby Community Hall from 11 a.m. – 2 p.m. for an Easter lunch, crafts, goodies and more!

Cumberland Easter Egg Hunt / April 16

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Does this sound like YOUR home?

Spring is in bloom in the Comox Valley! Surely you know what that means – it’s prime Real Estate season. The Comox Valley is no longer Vancouver Island’s best-kept secret, with out-of-town buyers, Canadian military postings, and of course, our local savvy investors. And can you blame them? Our mild climate and stunning natural beauty offers THE unparalleled lifestyle for families, retirees, and young people alike. 

You’ve likely heard in the news that our inventory is low, and we still find ourselves in a very active market, which is only picking up. Properties are being snapped up by savvy buyers (sometimes even before the For Sale sign breaks ground!) and selling for record-breaking prices.

We’re seeing

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