August 15/18 – Team Morse Newsletter

 

mikemorse.ca

August 2018 Issue


Mike Morse

Hi Everyone

We’re halfway into August, and for the most part we’ve been lucky to have decent weather so far this summer. The lack of rain has been extreme in other parts of the province, and our thoughts are with those affected by these devastating fires.

Since our last newsletter, it was announced that a Rotterdam- based company called Vopak is proposing to build a storage tank on Ridley Island for natural gas products:

Third propane project for North Coast B.C.

Speaking of propane projects, Pembina has officially started construction on Watson Island:

Pembina to begin construction on Watson Island

We also see that more first-time home buyers employed by the Port are emerging to buy homes, proof that the Port has a major impact on our economy and the housing market.   At one point, young adults were leaving Prince Rupert for employment, now we see many staying or moving back for employment and an affordable lifestyle.

Here’s a recent article which gives an overall look at Prince Rupert and the Port.  Please note that the house mentioned near the end of the article sold for $950,000.  What wasn’t mentioned is that it’s a price way higher than the norm!

Busiest Pacific Port in North America Thrives Amid Trump Tirades

The following are more news items to get you caught up on Prince Rupert news from the last month:

Equality and more jobs in coal terminal’s future

Construction starts on 36 new supportive homes in Prince Rupert

Sockeye return estimate on Skeena nearly triples

Recreational salmon fishing to open Aug. 7 on Skeena mainstream

FEATURE: Canada’s Conuma expects met coal export rise from Prince Rupert

Government plans to sell Ridley Terminals this fall 

Enjoy the rest of your August, and don’t hesitate to contact us if you have any questions about real estate in the Prince Rupert area!

Thank you.

Mike & Nikki Morse, REALTORS®

Mike Cell: 250.600.6620
Nikki Cell: 250.600.4650

RE/MAX Coast Mountains

Mikemorse.ca

WHAT’S OUR MARKET DOING?

JULY 2018

Prince Rupert (& Area) Real Estate

We’re cruising along fairly well this year, as the stats are comparable to 2017. No large deviations reflect a stable market. Our average house price is up $17,621 from this time last year.

SALES (all types):

# of sales in July 2017 – 19
# of sales in July 2018 – 18

YEAR-TO-DATE SALES (all types)

As of July 31, 2017 – 138
As of July 31, 2018 – 131

TYPES OF PROPERTIES SOLD IN JULY 2018:

3- land
3 – half duplex
12 – houses

NUMBER OF ACTIVE LISTINGS (all types):

As of July 31, 2017 – 190
As of July 31, 2018 – 204

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)

As of July 31, 2017 – $ 284,683
As of July 31, 2018 – $ 302,304

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)

As of July 31, 2017 – $ 36,994,100
As of July 31, 2018 – $ 35,611,100

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2017 through July 31, 2018.

Home-Security Tips

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Hopefully, you are enjoying your summer so far. One thing summer brings for many people is spending a lot more time out and about. Whether that is a family vacation, beach days or any other way you like to enjoy the sun, it all means you should think about keeping your home secure while you are out. While the tips below are ideal for ensuring your home is secure during a summer fun, they are applicable all year round.

Change the locks

Receiving the keys to your new home is an exciting moment, but it is also a good idea to exchange them for new keys (and locks) once you move in. You never know for certain who has had a set of keys in the past. You should also change the locks straight away if you or a family member loses a set of keys.

Lock everything

This should go without saying, but better safe than sorry. Any potential access point into your home should be locked when you head out: doors, windows, garden gates, etc.

Ditch the backup key

All the locks in the world won’t do you any good if you have a key waiting for would-be intruders. ‘Hiding’ it under a welcome mat or plant pot is not secure enough. If you want to have an extra key available, keep it in your care (which should be locked), or invest in a properly-installed key safe.

Don’t provide a tempting target

Think about how your rooms are laid out. Try to avoid having expensive items, such as TVs, anywhere that is easily visible from outside your home.

Do your socializing offline

Using social media networks to ‘check-in’ is great for sharing with friends and creating a record of happy memories, but you might be inadvertently letting strangers know when you aren’t at home. Consider waiting until you are home to post that photo, and if you are using social networks, ensure you tighten up your privacy settings.

Throw some light on the situation

Depending on the type of property you live in, install a motion-activated security light by any entrances. It is a visual deterrent for anyone prowling around, and these people will prefer to stay hidden in the shadows.

Local Events

The First United Church’s Summer Market
636 6th Avenue West
August 18th from 8:30am to Noon
Mt. Hays Quick Climb
Mt. Hays
August 25th from 8am to 4pm
Women’s Relax Retreat
Cassiar Cannery
September 10th – 13th

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.

 

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