Wednesday, February 29, 2012 February 2012 Newsletterby Krista Freeborn on Wed, Feb, 29, 2012 11:16 PM
Check out my February 2012 Newsletter. If you would like to subscribe to the monthly newsletter sign up here!
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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!
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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.
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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.
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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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Saturday, February 25, 2012 Drop in & say hi!by Krista Freeborn on Sat, Feb, 25, 2012 07:17 PM 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! Saturday, February 25, 2012 Sold!by Krista Freeborn on Sat, Feb, 25, 2012 07:12 PM Congrats to the lucky buyer of this fabulous house on the Westside! Thursday, February 23, 2012 HST/PST Transitional Rules for Housingby Krista Freeborn on Thu, Feb, 23, 2012 05:54 PM 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. Wednesday, February 8, 2012 Fabulous roof deck pool in this new project!by Krista Freeborn on Wed, Feb, 8, 2012 05:07 PM 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. Wednesday, February 8, 2012 Feds announce low rates until 2014by Krista Freeborn on Wed, Feb, 8, 2012 04:58 PM 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... | |