Andrew Holenchuk's (holenchuk) Blog

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Real Estate Agent - Remax Camosun - Victoria
RECENT BLOG POSTS
Are you experiencing an up or down market?  Our market seems to be more balanced in our  market area.  I have spoke with a few realtors and brokers in the states and this wasn't the case.  Record drop for U.S. home pricesSales of existing homes fall for sixth straight month Wednesday, October 25,...
10/29/2006
Solid third quarter for MLS® home salesCanada’s major markets are becoming more balancedExisting home sales activity in Canada’s major markets remained solid in the third quarter of 2006, according to statistics released by The Canadian Real Estate Association. The housing market continues to bec...
10/19/2006
New mortgage insurer enters Canadian marketAIG CEO suggests 50-year mortgages on the wayAIG United Guaranty became the third company to provide mortgage insurance in Canada in mid-October. Canada Mortgage and Housing Corp. currently handles 70 per cent of the mortgage insurance market in Canada, ...
10/18/2006
Bank of Canada holds central rate steadyInterest rates on hold indefinitelyThe Bank of Canada held its benchmark overnight lending rate steady at 4.25 per cent on October 17th. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 4.5 per ce...
10/18/2006
A bulk of our business is from referral sources.  I would like to find out if there is any realtors and brokers that would like to work together when referring opportunities present itself.  We are experiencing a lot of new purchases in the Victoria MArket from non Victoria residents. People from...
10/18/2006
VICTORIA AREA REALTORS®  APPLAUD NEW STRATEGY FOR HOUSING News Release - October 2006Victoria area REALTORS® are applauding the new strategy for housing unveiled today by provincial housing minister Rich Coleman. "The strategy helps those people most in need and will likely have a minimal impact ...
10/18/2006
Move Toward More Balanced Market Continues October 2, 2006 The Victoria area real estate market continued the move toward a more balanced market last month with more properties becoming available for sale, prices remaining strong and sales moderating slightly. The number of homes and other proper...
10/17/2006
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