krista@kristafreeborn.com
www.kristafreeborn.com


Crest Realty Westside
Independently Owned and Operated

Check out my February 2012 Newsletter.
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February 2012

The Feds announced rates will stay low until 2014.  Some lenders have just increased their fixed rates, (yes the 2.99% is gone) but they are still at an all time low, and prime is still 3%.  We are approaching what is typically the busiest time of the year for real estate, and after our slow fall market, I predict this spring will be a busy one.  In 2011, the month of March saw the highest volume of sales in Downtown Vancouver, the Westside, and East Vancouver.  So if you are wondering when the best time is to sell, I would say now is the time.  I've had a busy couple of weeks with multiple offers, buyers securing a great investment unit in a cool new project, LIDO, complete with a roof top pool, heated outdoor Wi-Fi stations, & coffee in the lobby for the residents, and a great new listing with ocean views & 500 square feet of decks.  I hope you had a great weekend, and don't forget your loved ones tomorrow...it is Valentine's Day after all!      

New Listings!

I have 2 new loft listings both with huge decks & amazing ocean & mountain views.  View these great properties, and more of my listings, under the Properties tab on my site.  

Market Statistics

Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market.  For the detailed stats by neighbourhood and price range,  Read More...  For the 2011 Year End Market Update video by the president of the Real Estate Board, click here.  

Laneway Housing

Are you interested in building a laneway house on your property?  The City of Vancouver has published a How-To Guide  that is loaded with great information to get you started.  ..     .  .   . 
 
 


 
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I'll be doing at open house today and tomorrow from 2-4pm at this fabulous penthouse, P6-2410 Cornwall.  Drop in to see the incredible views and private roof deck!

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Congrats to the lucky buyer of this fabulous house on the Westside!

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The HST/PST transitional rules have finally been announced.  Click here to read the new ruling, and call me if you need some clarification on your own situation.

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This cool new development in the hip and trendy Main St. area features a fabulous roof top pool, with heated outdoor Wi-Fi stations.  Very California, I'd say!  LIDO is expected to complete in the spring of 2014, and since the developer is the reliable and on-time, BOSA, you will probably be spending 2014 lounging pool side.  Call me for more details.

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The Feds announced they don't expect rates to change until 2014.  Just a couple of days after this announcement however, RBC announced a rate increase is happening today, so if you are buyer and don't have your rate hold in place yet, call your mortgage broker asap.  The fixed rates are so low right now, perhaps we'll see a little movement with these rates, but not much movement with the prime rate.  Guess we'll have to wait and see...

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