March 2023 Newsletter
Andy Schildhorn • March 17, 2023
HELLO EVERYONE AND WELCOME TO OUR MARCH 2023 NEWSLETTER!
The Bank of Canada decided to keep its trend-setting interest rate at 4.5 percent,
and for the first time in a year, it didn't go up.
Our featured listing, 8825 McAllister,
is in the heart of Fort Langley on a kid-friendly street. It's just a short walk to the Elementary School and downtown Fort Langley, where community is a lifestyle.
Don't forget to join us on Facebook Live Sessions
to get a glimpse of our upcoming numbers. Our next session is on April 14th at 11:00 am, and in case you missed it, click here to check out last week's session.
I want to take this moment to thank everyone we represented this past year.
The market was tough, but together, we had some fantastic successes.
Our Langley Market Report reveals that detached home prices have decreased by 20%
from last year, with listings increasing by 0.05%, and sales volume down by 43.9% year over year. The same applies to condos and townhomes in the Langley region, with prices down about 22% from the market high in March.
Spring is almost here, and Beatniks Bistro in Fort Langley has resumed its Live Music Thursdays. It's the perfect way to spend a relaxing evening.
Rita Cousins, our trusted Mortgage Broker, has provided a mortgage application checklist to help you prepare for pre-approval. It's essential before writing an offer.
Prices have dropped considerably in BC, and here's an overview of our province's pricing year over year.
That's a wrap for this month. If you want to chat about Real Estate, let my 25-plus years of experience guide you through these shifting market conditions. Text, Email, or Call, and we'll arrange a meeting to discuss your plans.
Thanks for stopping by, have an awesome day, and I can't wait to meet you soon.aragraph
In this video, I break down the latest stats for detached homes, townhomes, and condos, and share what's ahead for the fall market. Find out where the best opportunities are right now, especially for first-time buyers! Market Highlights: Sales down 36% from 10-year average Detached homes showing the sharpest price declines Townhomes holding relatively steady Condos offering big opportunities for first-time buyers Important Links: Book a call to discuss your real estate goals: https://rly.forsale/Chat-with-Andy Want the full detailed stats report? Video Chapters: 0:00 Welcome & August Market Summary 1:15 Key Fraser Valley Real Estate Stats 3:05 Months of Inventory Breakdown 4:05 Fraser Valley Home Price Index 4:56 Langley Market & Condos for First-Time Buyers 6:44 Open Houses & Featured Properties 9:32 Community Events (Willoughby Days & Cruise-In) 11:59 Fall Market Outlook My Website: www.AndytheRealtor.com Contact Me: 778.835.8957 [email protected]
Looking for your next move? Swing by our weekend open houses in Fort Langley and Willoughby. Bring your coffee, explore the neighbourhoods, and picture yourself at home. 👉 View More Details
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