The Preferred Homes Team : Latest Blog Posts

OPEN HOUSE: Open House on Sunday, May 27, 2012 13:00 - 16:00 **Open house is in Show Suite 4032 Rainbow Hill Lane. Rainbow Hill is a community of 20 prestigious view Town homes. 11 4045 Rainbow ST in VICTORIA

Sun, 27 May 2012 04:02:50 GMT

Please visit our Open House at 11 4045 Rainbow ST in VICTORIA.

Open House on Sunday, May 27, 2012 13:00 - 16:00 **Open house is in Show Suite 4032 Rainbow Hill Lane. Rainbow Hill is a community of 20 prestigious view Town homes.

** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.

OPEN HOUSE: Open House on Sunday, May 27, 2012 13:00 - 16:00 -Showhome at 2331 Chilco Rd 2360 Chilco RD in VICTORIA

Sun, 27 May 2012 04:02:50 GMT

Please visit our Open House at 2360 Chilco RD in VICTORIA.

See details here

Open House on Sunday, May 27, 2012 13:00 - 16:00 -Showhome at 2331 Chilco Rd

**Show Home Sat/Sun 1-4**The ?Austin? offer a great family layout with 3-4 bedrooms, including a large great room upstairs, plus a family room & guest room on the lower level. A great price and lots of space for your family! ?The Summit at Thetis? is a new development of semi-custom 3-4 bedroom homes priced from $474,900 to $549,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net HST. Estimated Completion April 30, 2012!

OPEN HOUSE: Open House on Sunday, May 27, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin. 3380 Merlin RD

Sun, 27 May 2012 04:02:50 GMT

Please visit our Open House at 3380 Merlin RD.

See details here

Open House on Sunday, May 27, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin.

AVAILABLE IMMEDIATELY! The ?Coachwood? offers the ultimate in privacy and value with 9? ceilings, a spacious great room with real gas fireplace, and a large master with ensuite and walk in closet. The spacious 1 bed suite over the detached double garage gives you a lucrative mortgage helper without sacrificing privacy! ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.

OPEN HOUSE: Open House on Sunday, May 27, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin. 3376 Merlin RD

Sun, 27 May 2012 04:02:50 GMT

Please visit our Open House at 3376 Merlin RD.

See details here

Open House on Sunday, May 27, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin.

AVAILABLE APRIL 2012! The ?Winchester? offers a versatile layout with 1 of the 3 bedrooms, and an additional family room, on the ground level ? a great layout for teens or extended family. Upstairs, enjoy the great room with 9? ceilings, gas fireplace, open concept kitchen, and sunny deck, all at an amazing price! ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.

SOLD! Another happy client at 38 60 Dallas RD in VICTORIA

Sat, 26 May 2012 04:02:35 GMT

We have just sold another property at 38 60 Dallas RD in VICTORIA. We would love to sell your property, just give us a call.

See details here

ATTRACTIVELY PRICED! This 2003 built JAMES BAY TOWNHOME is a great condo ALTERNATIVE. CATS/DOGS WELCOME (no restriction on #/size) & RENTALS ALLOWED. 3 BDRMS (2 up/1 down) & 3 bath. Located just steps away from Dallas Road breakwater, waterfront boardwalk, Downtown shopping & James Bay amenities! Bright/Modern kitchen w/eating area & balcony for BBQ'ing (nat.gas BBQ incl), deluxe 5pce ensuite (sep. shower/soaker tub, double sinks, heated tile floors), living room allows for dining area or just use entire room as living space, gas f.p., hardwood floors, 9ft ceilings, Single GARAGE (see bylaw #33 Re: Extra parking Availability), roughed-in central vac, in-suite laundry. SQFTaprox-verify if important-Lot size from strata plan

NEW LISTING at 3 9911 Stin-Qua RD in HONEYMOON BAY

Sat, 26 May 2012 04:02:35 GMT

We have a new listing at 3 9911 Stin-Qua RD in HONEYMOON BAY.

See details here

Lot 3 includes a dock & has a gentle slope to the lake. It gets full sun & enjoys beautiful sunsets. Stin-Qua is an exclusive offering of 16 building lots on the south end of Lake Cowichan in the town of Honeymoon Bay. Lakefront lots range in size from .25 - .75 acres. This design controlled development offers level easy to build lots, individual docks areas, full underground services & a lakefront park. These sun drenched lots are situated on sheltered waters great for swimming, boating and fishing.

Some Good news: Consumer Confidence Surging in Canada

Fri, 25 May 2012 15:37:00 GMT

Lately, there has been a lot of doom and gloom in the press that has been getting people down and causing fear. We know for experience that fear is a bad things for real estate, even when it is unrealistic fear. As they say, perception is reality!

But, maybe the facts can help swing some of that opinion in the right direction. The facts are that Canada's economy and consumer confidence are moving in the right direction. We are in a very good position in the world!

Click here for a great article on consumer confidence from the CBC.

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NEW LISTING at 3017 Larkdowne RD in VICTORIA

Fri, 25 May 2012 04:03:48 GMT

We have a new listing at 3017 Larkdowne RD in VICTORIA.

See details here

Located in the desirable Lansdowne slope neighbourhood, this large 50?s home retains those sought after character details including cove ceilings, wall sconces, oak & edge grain fir floors, and rare radius corners, but also features tasteful comfort upgrades such as new windows and a gas furnace. Step inside this inviting home and find large, bright, south & west facing picture windows that let the warm sun visit all principal rooms. The bright kitchen invites you to sit down with friends, the ample workshop tackles your hobbies, and the four bedrooms provide plenty of room for guests and extended family. Offering excellent value, this upgraded & well cared for home deserves your careful consideration.

Mortgage rates just dropped a bit!

Thu, 24 May 2012 21:23:00 GMT

I just received word from one of the mortgage brokers that we work with, Mortgage Architects, that some mortgage rates have dropped. Five year terms are now available from 3.19% for those with good credit. Variable rate mortgages start at 2.75%.

With home prices lower now than they were last year, is it time to make a purchase?

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We are swamped with buyers at The Summit at Thetis!

Thu, 24 May 2012 15:55:00 GMT

What a great response we are seeing from home buyers when they see the exceptional value that we offer them at The Summit at Thetis - a gorgeous, quiet, new home development near Thetis Lake. Some buy because of the quiet, cul de sac location surrounded by parkland. Others chose The Summit at Thetis because of its close proximity to town. There are so many reasons to move to this quality, Limona development.

With several more sales in the last week, some of the best lots are going fast. I hope that you visit us this Saturday or Sunday from 1-3pm so we can show you why The Summit at Thetis is one of the hottest new single family home developments in Victoria.

Another Week, Two More Families Choose Homes at Hazelwood!

Thu, 24 May 2012 15:49:00 GMT

We are so happy that buyers continue to see the great value that we offer at Homes At Hazelwood. Even though we are getting closer to being sold out, there are still eight different house plans available on a variety of lots. We'll be open again this Saturday & Sunday from 1-4pm and hope to see you there!

First Time Buyers Continue to Drive the Victoria Real Estate Market

Mon, 21 May 2012 15:37:00 GMT

The trend that we have been seeing over the last few months is continuing and strengthening. That trend is that entry level houses are selling very well, while higher priced homes over 600k are having a tough time finding a buyer. This is because first time buyers continue to be a much larger portion of the market than they normally would be.

If you have your home on the market, and you priced over 600k, you will need to work hard to find a buyer. Working hard means offering exceptional value and ensuring that your home shows very well. Do that, and you will be successful! Miss the mark by even a little bit and you will find that your property gets lost in the greatly increasing inventory in your price range. Over the last 30 days, 358 single family houses were sold, up by 15 houses from last week. The median price is down $5,000 to $550,000 – the fifth week in a row that this indicator has fallen. The average house was on the market for 29 days.

The condo market is continuing at much the same pace that it has for some months now. Prices haven’t really changed significantly. However, we are still seeing inventory growing and there are many new projects coming on line. As with houses, if you offer great value, you will find a buyer. In the last 30 days, 157 condos were sold, down by 11 condos from last week. The median price is up $1,250 to $278,000. The average condo was on the market for 45 days.

There are now 2,343 houses for sale, up by 75 from last week. Condo inventory has risen by 18 to 1067 suites. For both houses and condos, we are approaching the highest inventory levels that we have seen for several years.

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OPEN HOUSE: Open House on Saturday, May 26, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin. 3376 Merlin RD

Mon, 21 May 2012 04:02:21 GMT

Please visit our Open House at 3376 Merlin RD.

See details here

Open House on Saturday, May 26, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin.

OPEN HOUSE: Open House on Saturday, May 26, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin. 3380 Merlin RD

Mon, 21 May 2012 04:02:21 GMT

Please visit our Open House at 3380 Merlin RD.

See details here

Open House on Saturday, May 26, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin.

OPEN HOUSE: Open House on Saturday, May 26, 2012 13:00 - 16:00 **Open house is in Show Suite 4032 Rainbow Hill Lane. Rainbow Hill is a community of 20 prestigious view Town homes. 11 4045 Rainbow ST in VICTORIA

Mon, 21 May 2012 04:02:20 GMT

Please visit our Open House at 11 4045 Rainbow ST in VICTORIA.

See details here

Open House on Saturday, May 26, 2012 13:00 - 16:00 **Open house is in Show Suite 4032 Rainbow Hill Lane. Rainbow Hill is a community of 20 prestigious view Town homes.

OPEN HOUSE: Open House on Saturday, May 26, 2012 13:00 - 16:00 -Showhome at 2331 Chilco Rd 2360 Chilco RD in VICTORIA

Mon, 21 May 2012 04:02:20 GMT

Please visit our Open House at 2360 Chilco RD in VICTORIA.

See details here

Open House on Saturday, May 26, 2012 13:00 - 16:00 -Showhome at 2331 Chilco Rd

OPEN HOUSE: Open House on Sunday, May 20, 2012 13:00 - 16:00 **Open house is in Show Suite 4032 Rainbow Hill Lane. Rainbow Hill is a community of 20 prestigious view Town homes. 11 4045 Rainbow ST in VICTORIA

Sun, 20 May 2012 04:03:14 GMT

Please visit our Open House at 11 4045 Rainbow ST in VICTORIA.

See details here

Open House on Sunday, May 20, 2012 13:00 - 16:00 **Open house is in Show Suite 4032 Rainbow Hill Lane. Rainbow Hill is a community of 20 prestigious view Town homes.

OPEN HOUSE: Open House on Sunday, May 20, 2012 13:00 - 16:00 -Showhome at 2331 Chilco Rd 2360 Chilco RD in VICTORIA

Sun, 20 May 2012 04:03:14 GMT

Please visit our Open House at 2360 Chilco RD in VICTORIA.

See details here

Open House on Sunday, May 20, 2012 13:00 - 16:00 -Showhome at 2331 Chilco Rd

OPEN HOUSE: Open House on Sunday, May 20, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin. 3380 Merlin RD

Sun, 20 May 2012 04:03:14 GMT

Please visit our Open House at 3380 Merlin RD.

See details here

Open House on Sunday, May 20, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin.

OPEN HOUSE: Open House on Sunday, May 20, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin. 3376 Merlin RD

Sun, 20 May 2012 04:03:14 GMT

Please visit our Open House at 3376 Merlin RD.

See details here

Open House on Sunday, May 20, 2012 13:00 - 16:00 -Showhome located at 3392 Merlin.