March 2020 Newsletter
Andy Schildhorn • March 13, 2020
Hello Everyone and Welcome to our March Newsletter
Good News for Home Buyers!!! The stress test rate is now floating. It will be marginally easier to qualify. Plus interest rates have dropped by 50 basis points. This should bring more affordability
into the marketplace.
Colleen and Mike Boivin
were a great couple to work with. We were like glue until we found their new home. Their needs were very specific. Thank you for your testimonial.
We are excited to announce our Jazz in the Vine contest. There will be four sets of tickets to be won over the next few months. Who are you going to take? Click on the link
for details.
Our February Langley infographic
says we are generally in a Seller’s market with prices slightly up. Listings are still down. Maybe the warmer weather will bring out more homes for sale.
This month’s featured listing is 9582 214A Street. A wonderful family home in Walnut Grove backing onto Greenspace. What a great place to start a family.
Rita Cousins, Mortgage Broker gives a prep talk on financially preparing before purchasing. Making sure everything is in order.
Irina Bartnik, Notary Public, asks the question? - Joint Tenants or Tenants in Common? Which one for you? Read more.
Which home design trends are coming up for 2020. We have the answer.
Do not forget our contest. Jazz in the Vine will be lots of fun. On the serious side, call or email if you have any real estate questions. I am always available to answer them.
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
