January 2020 Newsletter
Andy Schildhorn • January 17, 2020
With the New Year mail, comes our property assessments. Did you know this is the first time in 20 years these values have gone down? Read more in the article below.
Rita Cousins, mortgage broker, talks about how to pay for home renovations
through one of three ways. Irina Bartnik, Notary Public, give us some good advice on the perils of DIY Wills.
Our Langley Infographic
shows us, December was a very good month. Prices are holding steady with detached sales volume up by almost 20%, which leads us into our news article. The sales volume of Greater Vancouver was up 88% year over year, meaning we should be looking at a very strong Spring market due to pent up demand and not enough inventory.
This month’s feature listing is a very comfortable family Townhome in Walnut Grove. Close to schools and shopping. It’s a great buy.
New Year Resolutions!!! Well we have 10 for you
to keep your home running smoothly for the next year.
With the New Year comes new ideas, new plans
and new ways of doing things. Perhaps a new home is part of this newness. Now is the time to start making a plan. A strategy is needed to make the most of your new ideas. I am always available to discuss this further. The sooner the better.
In closing I want to say Happy New Year, thanks for dropping by and look forward to hearing from you soon.
SURREY, BC – Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers’ and sellers’ price expectations continues to suppress sales. The Fraser Valley Real Estate Board recorded 1,190 sales on its Multiple Listing Service® (MLS®) in July, down half a per cent from June and down three per cent year-over-year. July sales were 23 per cent below the 10-year average. The supply of homes for sale dipped slightly in July, down two per cent from June to 10,650, nearly 50 per cent above the 10-year seasonal average. New listings declined five per cent over June to 3,453. The Fraser Valley remains in a buyer’s market with an overall sales-to-active listings ratio of 11 per cent; the market is considered balanced when the ratio is between 12 per cent and 20 per cent.
I'm going to be honest with you, I almost forgot to write this email this week. Got caught up with Fort Langley Jazz Festival. and almost ran out of time. Barely got this in under the wire. I think its a great edition of the newsletter. Performance under pressure! haha LAPS is here. 📣 "Success is not in what you have, but who you are." - Bo Bennett
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