May 2020 Newsletter
Andy Schildhorn • May 19, 2020
Hello and Welcome to our May Newsletter.
It’s been about 6 weeks of self-isolation. How are you doing? Together as a community we are all doing our part and starting to see results. Our economy is still on hold and we wonder what is in store for us. I am hearing we will have a quick rebound and on the other hand a deep collapse. I think you will find our Market update
well balanced and thought out.
Langley Infographic
is telling us pricing is unticking with sales volume down over 50%
For quite a while now I wanted to tell you about Langley Volunteers. If you are looking to help out, this is the place to go. They have some new tech which matches volunteer interests and skills to the right organization.
Rita Cousins mortgage broker talks about the need for an annual mortgage review. Always important. It's like a tuneup.
Irina Bartnik updates us about property tax deferment
if you are over 55 or have children this maybe for you.
In the News: Our numbers are good or should I say our lack of numbers. In the next week we can have social gatherings of up to 6 people. Some businesses will open. Please read for details.
Saying this we should start to see Buyers entering back into the market place. The market was strong before Covid 19 hit. I can see a bit of a surge in sales coming. There are not enough homes for sale. As always a plan is needed. Let’s talk and discuss.
So that’s it for this month. Stay Safe, Stay Home and Stay Sane.
“Hopes for a return to normalcy in the B.C. housing market were swiftly dashed this year, upended by a pointless and mutually destructive trade war,” says BCREA Chief Economist Brendon Ogmundson. Read More
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: ✔️ Fraser Valley home sales – April 2025 ✔️ Inventory surge: 10,000+ active listings ✔️ Langley real estate price trends ✔️ Detached, townhome & condo market stats ✔️ Benchmark pricing insights ✔️ Buyer hesitation vs. seller confidence ✔️ What to do next if you're buying or selling in Langley or the Fraser Valley 📊 For full May 2025 Fraser Valley market statistics, visit: 👉 https://www.andytherealtor.com/fraser... Let’s talk about your Langley or Fraser Valley real estate goals: 📅 https://rly.forsale/Chat-with-Andy 📧 [email protected] 📞 778.835.8957 🌐 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
