February 2020 Newsletter
Andy Schildhorn • February 17, 2020
The BC Real Estate Association’s numbers are in
for 2019 and not surprisingly, we saw a 1.9% dip across BC, setting up for a more normal and stable 2020.
So how do you find a local Realtor in Langley? What services can you expect? Click on the link
and read my thoughts. I think you will find this very informative.
Brian and Cynthia gives a two thumbs up. I very pleased to have helped them make the transition to a new home.
Our January Langley infographic
is telling us it becoming a Seller’s market with prices slightly up. This is due to pent up demand and not enough inventories.
This month’s featured listing
is #L100 5375 205th. This 1,600sq.ft condo, 55 and over, is affordable, comfortable and secure for senior living.
Rita Cousins, Mortgage Broker talks about insured and uninsured borrowers
and how the bank rate affects them.
Irina Bartnik, Notary Public, gives an update on the Province’s Speculation tax. Have you filled out your declaration?
Plus we have an excellent article calming the stress in our constant battle to keep organized. I am sure there is a tidbit in there for you
Well that is about it for this month. We are heading into the Spring Market and all indications - it will be a busy one. Now is the time to start implementing your plan. Lets talk about what is best for you.
Thanks for dropping by, have a great day and I look forward to hearing from you soon.
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
The Township of Langley Traffic Cameras for up-to-date traffic information. Click here
The economics of building new homes in Canada are now "simply broken," sparking a macroeconomic drag that CIBC economists warn is just beginning to take hold. 👉 Details Here
