TRUE BLUE Blog

Unintended consequences of tenancy changes

Posted on Sep 03, 2024 in Sunshine Coast, BC Real Estate Podcast

Photo byFabrikaPhoto. Licensed via Envato.

It used to be that if a landlord wanted to sell a revenue property, the landlord was required to give tenants two full months' notice before the new owner could move in.

Notice period extended

This summer, the BC government extended this notice period to four full months. While this change benefited tenants...

Retirees the Sunshine Coast’s main buyer demo

Posted on Sep 03, 2024 in Sunshine Coast, BC Real Estate Podcast

If you’re selling a home on BC’s BEAUTIFUL Sunshine Coast, there’s a good chance your buyer will be a retiree.

Retirees set the price

Prior to COVID, our prices were largely set by retirees. Many retirees didn’t need to make daily trips into the city and the ferry wasn’t seen as a major turnoff. You saw that buyer demographic reflected in local gover...

Too many homes, not enough buyers

Posted on Jul 02, 2024 in Sunshine Coast, BC Real Estate Podcast

In the May episode, I confidently predicted that interest rates wouldn’t drop until at least the fall. However, just a few days into June, rates unexpectedly went down.

This move by the Bank of Canada took me by surprise. The prevailing theory is that the rate drop is intended to ease the burden on the large number of Canadians renewing their mortga...

LoneWolf Baking Company owner Paul Haldane

Posted on Jun 03, 2024 in Sunshine Coast, BC Real Estate Podcast

Paul and Jennifer Haldane are the new owners of LoneWolf Baking Company here in Gibsons, BC. I interviewed Paul and he shared his journey from the south coast of England to the picturesque Sunshine Coast.

From Bexhill to BC

Paul Haldane’s culinary journey began in the quaint town of Bexhill-on-the-Sea, England, a place (he jokes) as being best known...

Slow start to spring Sunshine Coast market

Posted on May 01, 2024 in Sunshine Coast, BC Real Estate Podcast

Spring 2024 hasn't been as busy as in years past. Last year, there were fewer homes for sale, which kept prices steady. But this year, we've seen a big jump in the number of properties hitting the market. More listings mean more competition, which could put downward pressure on prices. If you're thinking of selling, it's crucial to price your home...