Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
SC Listings & Sales 2011-2013
05-04-2013, 02:33 PM,
#5
RE: SC Listings & Sales 2011-2013
Hi Skook,
I just found this site today and I find it very informative. We sold our house last month and are looking for a new one.
I know prices are on the downhill slide and I expect they have quite a ways to go. I read somewhere to take your price at a point in history and add 2% each year to get an approximate valuation. Looking at the charts you have posted from when this last run started in say 2001 prices are still 2x plus. We sold for 2x the assesssment of July 2002. I have lived here all my life and I remember the run up in the late 1970's then the drop in the 1980's. Knew a number of people who lost their homes due to valuation drop and interest rates going up huge. On a chart that run up looks small in comparison to this last one. I am looking for a place with future 2 rental units - live for a few years and watch for that 'perfect' property at a reasonable valuation to move to and rent out this next purchase. A condo below $150m has come on the market and I expect this will start moving prices down faster. The supply in the $400/$500 is a lot compared to the lower end for a detached home. With 60+ places between $1 - 2 million that is a lot compared to what sells in that range. The upper end will be pushing prices down and if interest rates start to move up I expect prices to drop faster. Also heard just a few days ago that a lot of foreclosures are coming to the market soon and that these will probably drop by $10m every week or two so this will also help to move prices down. There are a few rent to owns here now. Haven't seen that in a long time.
Anyway I registered here to give you links to the weekly info (usually posted on Thursday for the preceding Thurs-Wed) of what has sold, newly listed, and price changes in each of the five areas: Gibsons, Roberts Creek, Sechelt, Halfmoon Bay, Pender Harbour at one of the local realtors: http://www.joniandgail.com/
older data is at http://www.joniandgail.com/market-info/
Another realtor only includes Gibsons, Roberts Creek and Sechelt on her site: http://www.sandybellamy.ca/newsletter

Thanks for all your info,
Susan
Reply


Messages In This Thread
SC Listings & Sales 2011-2013 - by Skook - 04-08-2013, 01:33 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 04-09-2013, 07:38 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 04-12-2013, 04:13 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 05-01-2013, 04:22 PM
RE: SC Listings & Sales 2011-2013 - by susanu - 05-04-2013, 02:33 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 05-05-2013, 11:32 AM
RE: SC Listings & Sales 2011-2013 - by punnoval - 08-31-2013, 03:59 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 08-31-2013, 04:49 PM
RE: SC Listings & Sales 2011-2013 - by punnoval - 08-31-2013, 05:02 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 08-31-2013, 05:48 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 06-01-2013, 08:29 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 06-13-2013, 11:27 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 07-01-2013, 11:42 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 07-20-2013, 12:58 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 08-01-2013, 09:12 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 08-12-2013, 01:03 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 09-12-2013, 01:58 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 10-01-2013, 12:30 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 10-09-2013, 01:46 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 10-17-2013, 03:09 PM
RE: SC Listings & Sales 2011-2013 - by punnoval - 10-19-2013, 08:56 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 10-20-2013, 09:40 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 10-20-2013, 10:56 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 10-29-2013, 11:24 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 11-01-2013, 04:31 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 11-16-2013, 06:14 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 11-25-2013, 01:37 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 11-29-2013, 01:09 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 12-03-2013, 07:16 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 12-05-2013, 02:42 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 12-05-2013, 08:15 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 12-16-2013, 06:09 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 12-21-2013, 07:48 AM
RE: SC Listings & Sales 2011-2013 - by Skook - 12-27-2013, 02:37 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 01-04-2014, 01:45 PM
RE: SC Listings & Sales 2011-2013 - by Skook - 01-07-2014, 10:52 AM

Possibly Related Threads...
Thread Author Replies Views Last Post
  2016 Sunshine Coast & Bowen Island Real Estate Sales Stats Skook 13 22,670 10-31-2016, 08:44 AM
Last Post: Skook
  New Home For Sales Stats Skook 1 4,287 09-19-2016, 01:05 PM
Last Post: Skook
  2015 Sunshine Coast Monthly Sales Stats Skook 15 35,783 01-17-2016, 02:59 PM
Last Post: Jay Kay
  2015 Bowen Island/Gulf Islands Sales Stats Skook 23 59,576 12-05-2015, 09:27 AM
Last Post: JimmyWW
  2015 Sunshine Coast Land Sales Skook 5 15,770 12-04-2015, 11:53 AM
Last Post: Skook
  2015 Sunshine Coast “$mill+” Property Sales Skook 5 16,176 12-04-2015, 10:59 AM
Last Post: Skook
  2014 Sunshine Coast Monthly Sales Stats Skook 36 85,114 04-05-2015, 10:12 AM
Last Post: JimmyWW
  2014 Sunshine Coast "$1Mill+" DET Home Sales Skook 11 27,097 01-24-2015, 04:49 PM
Last Post: Skook
  Sunshine Coast - Land Sales (2014 & Historical) Skook 12 29,762 01-24-2015, 10:38 AM
Last Post: JimmyWW
  2014 Sunshine Coast Active Listings Skook 2 8,235 04-02-2014, 07:24 AM
Last Post: Skook

Forum Jump:


Users browsing this thread: 1 Guest(s)

Contact Us | Vancouver Peak | Return to Top | | Lite (Archive) Mode | RSS Syndication