Chris Logan's Blog Posts

We were sitting at her dining room table, surrounded by her things. The china cabinet. The sideboard. Plates. Figurines. The good silver. Her adult son was with us, obviously a little embarassed

The headline numbers643 total sales in April, up 0.2% from April 2025's 642 — essentially flat year-over-year, but a different picture than March's 5.5% annual decline. Month-over-month, sales

It’s always the square footage.“How many square feet do we need? Is 1,200 enough? What about 1,400?”The number doesn't tell you much. A well-laid-out 1,200 square foot condo with

At a recent open house a woman told me she looks at real estate listings every day. She’s not actively looking for a home. She bought the home she lives in not too long ago. She just looks at

Is this the time to buy or sell in Victoria? February offers a clearer answer than most months do.This is not a market in free fall. But it’s not overheating. It’s levelling out.There

The average detached house in Greater Victoria sold for $1.3 million last year. Many young families will see that number and give up.I don't blame 'em. But it's a damned shame.Not because they can't

Multigenerational living is the fastest-growing household type in Canada. Over 442,000 homes now include three or more generations under one roof — a 50% increase since 2001.In Victoria's

If you know your family needs to move—outgrown the house, job relocation, poltergeist—you've probably heard you should wait for the vaunted Spring Market.Here's what that advice

You probably can't afford the home you want in Victoria. You know who else can't afford the home they want in Victoria? Everybody. Everybody can't afford the home they want in Victoria. Yet

"House prices could fall by as much as 9% to 18% from their Q1 2020 levels before beginning to recover in 2021. Our forecast reflects different potential outcomes for price growth that could see

1. Clean Up Your CreditYou probably already figured you need good credit to get a mortgage. You were right! Very few lenders will consider a mortgage for someone with a credit score below 640, and

I once showed my own listing to a potential buyer who took delight in pointing out what he saw as the property’s innumerable deficiencies. I’m a pretty open-minded fella and I've learned

Closing Day, also known as Completion Day in BC, is the day a property officially changes hands. The Buyer completes the down payment, final closing costs are paid, and Title is registered in the

If you're buying a new home and selling your old one, you'll need to decide which to do first. Here's how to think about it. Use market stats to align your datesIf you're buying first, you

People forget about townhouses. They want to buy a single family home and if they can't afford it - not an uncommon situation in the third most expensive market in the country - they start looking

If you're new to the purchase of British Columbia real estate, or even if it's just been a while, the Contract of Purchase and Sale (CPS) can be an intimidating document. But it doesn't have to be!

This morning the Bank of Canada announced it would maintain its .25% overnight rate, which it considers the effective lower boundary. The Bank also said it would continue its Quantitative Easing

Here’s a little secret: the most important decision you’ll make when selling your home is the price you’ll ask for it.Handsome, clever, well-spoken real estate agents will do their

Buying a home entails costs beyond the purchase price. Some of these closing costs are relatively small. Some - like the Property Transfer Tax - are quite substantial. So it's important to budget

What is a condo, anyway? Well, it’s short for condominium, of course. But "condominium" technically refers to a collection of individual housing units which are sometimes - but not-

What does a Buyer Agent do for you?Most importantly, we help you avoid buying the wrong house, which is what you’re afraid of, right? You’re looking at spending a bunch of money and it

Who is the CMHC and why should you care?The Canadian Mortgage and Housing Corporation is a Crown Corporation with a mandate to make housing affordable for all Canadians. Anyone looking for a home in