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Growing Victoria rental market?

On October 24th, 2016 the Victoria City Council will review the conceptual 81-unit apartment complex, Victoria Flats, bringing this massive project one step closer to breaking ground. Project Background: Originally brought before the city in 2015, this project will be the largest apartment complex in the city, if the project is approved.  The building will house 80 units (11 studios; 44 single bedrooms; 25 two bedrooms) with an anticipated rent of $1,000 to almost $2,000 per month.  In addition to the 80 apartment units there will also be 156 parking stalls (105 for residents and 51 for public use). To...
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“Winter is Coming”

With kids heading back to school and holiday decorations taking place of back to school items, it is only a matter of time before old man winter is upon us.  Here are some home help tips to consider when packing away the summer items.   Clean the gaps between your deck boards Check all weather strips and caulk around windows and doors Clean your garbage disposal by grinding up cups of ice cubes Pour a gallon of water down unused drains, including floor drains Drain half of your water heater Give your furnace a 24 hour test run Clean out...
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Election and Mortgage Rate

With the presidential election only a few months away, buyers and sellers are wondering what will happen with the mortgage rates.  Will the go up or will they drop as many economists are forecasting.  This is a very common question and a number of stories and studies have been written and published regarding this relation, and all of the studies show that the presidential election has no direct affect on the mortgage industry.  However%

A Record Year!

There has been a lot of talk about real estate values surpassing the 2006 record, but a lot of information is being left out.  For instance you hear little or no discussion about average days on market, inventory levels, pending sales, or if we are in a balanced market or a lopsided one.  Now I could go into great detail but I think the article written by Aubray Erhardt sums it up more effectively then I could.  So if you are thinking about selling, purchasing, or have general concerns or questions, I would highly reccomeend you reading Erhardt’s article: Ten...
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