June 2020 Newsletter
Andy Schildhorn • June 15, 2020
Hello and Welcome to our June Newsletter.
Summer is approaching and we are all coming out of COVID hibernation. It's wonderful, we are getting slowly back to normal however it is still advised to be cautious and maintain our 6’ protocols.
Our Market Update states Mortgage rates are at an all-time low. Money might be cheap however Buyers are cautious about economic uncertainty.
Our Featured Listing
is 20931 45A Avenue located in the Langley Uplands. This home boasts a 12,000sq.ft lot with plenty of room to raise your family. A bit of a treasure.
Our Langley Infographic
shows us pricing still went up last month with sales volume low. Again this is brought about due to a lack of inventory.
Every Saturday morning our family heads over to the Fort Langley Farmer’s Market. Lots of local fresh farm produce. Right now a special treat are the live spotted prawns.
Rita Cousins, Mortgage Broker talks about the 20% down payment requirements
and how this affects insured and non-insured Buyers
Irina Bartnik Notary Public, asks the question. Do you know you may be able to defer your Property Taxes this year?
Lastly and just recently announced, CMHC has new restrictions for insured buyers. This could lower purchasing power by up to 11%. Interestingly Genworth and Canada Guaranty, the two other home insurers, will not adopt these new rules.
Well, that is it for this month. In all this confusion and uncertainty, real estate is recovering. Plans which were put on hold are now becoming a reality. As always I welcome your call to put your plans into reality.
Thanks for dropping by, Have a Great Day and I look forward to hearing from you soon!
Langley buyers have more listings to choose from than we’ve seen in over a decade, but many are still hesitating. Why? In this Fraser Valley real estate update, I break down what’s driving Buyer psychology, pricing trends, and what both Langley home Buyers and Sellers need to know right now. In this video: βοΈ Fraser Valley home sales – April 2025 βοΈ Inventory surge: 10,000+ active listings βοΈ Langley real estate price trends βοΈ Detached, townhome & condo market stats βοΈ Benchmark pricing insights βοΈ Buyer hesitation vs. seller confidence βοΈ What to do next if you're buying or selling in Langley or the Fraser Valley π For full May 2025 Fraser Valley market statistics, visit: π https://www.andytherealtor.com/fraser... Let’s talk about your Langley or Fraser Valley real estate goals: π
https://rly.forsale/Chat-with-Andy π§ [email protected] π 778.835.8957 π www.AndytheRealtor.com
43% of homeowners say they couldn’t have bought their first home without help from family. As economic uncertainty grows, Canadians are rethinking what it means to own—or even pursue—a home. Read the story here
WeRateDogs shared Tuna at the vet on Twitter. I can't complain.π Support our very own LAPS β π£ "Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent." - Theodore Roosevelt
