Friday, May 12, 2023

Happy Mother’s Day. Modern Townhome Open Sat. Dockside Green Building On the Water Coming Next Week. Improving Curb Appeal. Sellers Market and the News

 

Elvis Presley - Return To Sender 

Cleaning Tips for Instantly Improving Curb Appeal

As you may know, curb appeal refers to how your property looks from the street, where potential buyers first see it. Your home’s curb appeal can have a big impact on the sale of your property.

In fact, it’s not uncommon for a buyer to drive by a listing, rather than stop, because they don’t like what they see.

So, how can you improve your home’s curb appeal quickly? One way is to do some outside cleaning.

Start with the main entryway. Wash down the front door and sweep (or power wash) the front steps. It only takes a few minutes, but you’d be surprised by the impact it can have. Sweep or power wash your walkway too and you’ll improve the overall look of your home — sometimes dramatically.

Clean your front windows to brighten the look of your home’s facade. It doesn’t have to be an arduous chore. In fact, there are washing products available that attach to your garden hose. You don’t even need a ladder! Ask your local home improvement retailer for recommendations.

If you have hedges and shrubs, give them a trim. To keep your trimming level, use a wide board, or even a piece of cardboard, then cut to the desired height. Pull off any dead leaves or branches. Of course, also mow the lawn!

Finally, inspect your property from the street. Can you see anything else you can do to quickly improve the look? Do you notice anything that is unsightly or distracting, such as garbage bins that could be relocated?

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The Tyee – What’s behind the ‘housing crisis’ in Canada?

CBC B.C. – Agree to 40% rent hike or we may sell your homes, landlord tells Surrey renters

Victoria Times Colonist – Victoria council to get look at ambitious Roundhouse plan in Vic West

Business in Vancouver – B.C. government mum on whether density plan will include stratas

B.C. construction industry expected to cool in 2023, 2024 amid high interest rates (Business in Vancouver) 

Victoria Times Colonist – Pub patios on city boulevards in Victoria can stay until Nov. 30

Toronto Star – LABERGE: Here’s how Canada can mobilize to solve our national housing crisis

Vancouver Sun – Why B.C. restaurants are still suffering post-pandemic

Canadian Mortgage Professional – Is Vancouver's housing market about to take off again?

CBC B.C. – Hundreds of investors worried about their savings after Victoria mortgage broker put in receivership

Victoria Times Colonist – Electric plane could be flying between Island, mainland in two years: Harbour Air

BCREA estimates a continued decline in home sales for 2023 (Castanet) 

B.C. real estate prices trending up, association says (CityNews) 

Financial Post - Insolvencies surge to highest since start of pandemic — and it's going to get worse

Canadian Mortgage Professional - BoC rate cuts in 2023 increasingly unlikely: CIBC

Financial Post - Looks like Canada's housing market has finally turned the corner

Home prices are rising in Canada’s biggest real estate markets (Canadian Mortgage Trends) 

Canada added 41,000 jobs in April, crushing estimates (BNN Bloomberg) 

CBC News – The work-from-home heyday is coming to an end

April “Sealed The Deal”: Canada’s Housing Markets Reach Cyclical Bottom (Storeys) 

Financial Post – Trudeau's immigration policy worsening housing affordability crisis: Rosenberg

High costs putting farming out of reach for young people, affecting all Canadians (BNN Bloomberg) 

Canadian Mortgage Professional – RBC: Insolvency levels likely to spike in the near future

Canadian Mortgage Professional – Economist: Current immigration policy fanning the flames of unaffordability

Many Canadian offices are empty. It could be the economy’s ‘canary in the coal mine’ (Global News) 

Bank of Canada may hike interest rates further if inflation gets stuck above 2%: Tiff Macklem (Financial Post) 

Globe and Mail – CMHC reports growing share of mortgage insurance clients close to underwater on loans

Storeys – Buyer beware: Most Canadian markets currently favour sellers

Have Canadian real estate prices bottomed out? (BNN Bloomberg) 

RBC sees mortgage delinquencies rising nearly 30% in the coming year (Canadian Mortgage Trends) 

Canadian Mortgage Professional – Are conditions improving for buyers in the housing market?

Canadian Mortgage Professional – What impact has the BoC's rate pause had on Canada's housing market?

Canadian Mortgage Professional – StatsCan releases latest building permit figures

The stocks markets versus housing: A 10-year look (Globe and Mail) 

Notable, Quotable, Quotes!

“Spend time thinking of what you want, rather than what you don’t want.”

Sanaya Roman

Feel free to call or email whenever you have questions about current selling prices, mortgages, market conditions, moving – or anything real estate-related. 

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR

Mortgage Agent Level 1 Valko Financial LTD #13047

Dominion Lending Centres 

ON YOUR TEAM!

HomeVictoria.com  Housesforsale369.com Searchbestmortgages.com

250-588-8839   
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