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Reiner Theil

Reiner is a Residential REALTOR? with Duttons & Co. Real Estate proudly serving Buyers and Sellers across Victoria and Southern Vancouver Island.

Aerial view of homes in Fairfield, Victoria

Behind The Numbers: Single-Family Homes – January 2021

Wednesday, January 20, 20212021 is well underway and the first few weeks of the New Year for Victoria’s housing market have been eventful to say the least. Most noticeably, a 25-year low in inventory paired with increased demand for Single-Family Detached (SFD) homes in the Victoria Core has led to a fair share of multiple-offer …

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Is It Different This Time? Recessions and the BC Housing Market

The following Market Intelligence article was published by the BCREA in April 2020. Copyright British Columbia Real Estate Association. Reprinted with permission. Summary Findings The 2020 COVID-19 driven recession will be deep, though the duration may be shorter than past recessions We expect that home sales will post an initial sharp decline as households and …

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Victoria's Real Estate market during COVID-19

Buying and Selling Property During COVID-19 in Victoria BC

Should I buy or sell real estate in Victoria during COVID-19? While the market has certainly shifted away from traditional Spring markets of year’s past, homes continue to come on the market, just as select Buyers continue to actively search for and secure the right properties. These are unprecedented times in the world. COVID-19 has …

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Development Spotlight: The Pearl Residences

Steps from Victoria’s Chinatown district, 1628 Store Street will soon be home to the Pearl Residences, an 8-storey, steel and concrete mixed-use condominium building in Downtown Victoria. Let’s check out some of the interior finishes and what you can expect from this exciting new project. The Pearl Residences: Overview Storeys: 8Build Type: CondominiumConstruction: Steel & …

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kitchen island with bar stools

I’m Ready to Buy a Great Home in Victoria. Where Do I Start?

So, you’re ready to buy a home in Victoria. That’s great news! You sit down at your computer, open up your browser, and think to yourself: “Where do I start? Where should I start?” The average home buyer will more than likely turn to a quick Google search or Realtor.ca and off they go. The …

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Invest in Victoria Airbnb: 5 Essential Tips for Buying the Right Airbnb (2019)

Are you looking to invest in Victoria? I think you’ll agree when I say: It’s hard to know what type of investments are worth your time and money. Well, it turns out, you can cover your monthly mortgage payments and expenses AND come out in the green with one of them. In fact, these investment …

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6 Fantastic Farmer’s Markets in Victoria: Summer (2019)

Victoria is home to some fantastic farmer’s markets. You’ll find a wide array of local Victoria vendors selling organic produce, local meats and cheeses, artisan clothing, handmade goods, and more. Collectively, these markets focus on a few key elements that define Victoria’s approach to both food and products: Locally sourced.Sustainable production and packaging.Community first. Some …

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Executive Airbnb Suite in The Falls

A Guide to Secondary Suites in Greater Victoria (2019)

There are 13 municipalities in the Capital Regional District (CRD). Each of these municipalities have different bylaws regarding the use of secondary suites. It’s important consumers are aware of these bylaws and how they impact the legality of a secondary suite at their current property or at a property they are interested in purchasing. History …

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janion building downtown victoria

How Successful are Airbnb Short-Term Rentals in Victoria?

It was a short while ago that Airbnb was little more than an idea with humble beginnings out of San Francisco. Just four years after the platform’s inception in 2008, Airbnb hit 10,000,000 bookings worldwide. This cemented Airbnb as a leader in the world’s rapidly-growing sharing economy. Today, Airbnb boasts over 6,000,000 accommodations across 100,000+ cities in roughly 191 …

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