krista@kristafreeborn.com
www.kristafreeborn.com


Crest Realty Westside
Independently Owned and Operated
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A new project has recently completed in Vancouver that allows residents, workers, and volunteers in the Downtown Eastside to become home owners.  Vancity and Westbank teamed up so buyers could have more affordable mortgages, giving them the opportunity to make the move into homeownership.  This vibrant Gastown community continues to grow, expand, and support all who live there.  Read more here...

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View my E-Newsletter for May 2012 with the Greater Vancouver Real Estate Board stats for April.

April showers bring May flowers!  The weather has been fabulous and I love the longer days.  Happy Mother's Day! Enjoy the May 24th long weekend!  And here is my May newsletter...

 

Krista Freeborn's Real Estate E-Newsletter 
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May 2012

The Bank of Canada has left their lending rate unchanged with their most recent announcement, and the word on the street is that we won't see a rise in rates until late 2013.  Not too long ago the prediction was early 2014, so it seems they are changing their tune a little.  We are seeing a balanced market Downtown and in Vancouver West, but a Seller's market in East Vancouver.  Judging by the increasing inventory in all areas, steady & falling prices in some areas, I suspect we will be trending toward a Buyers market in the near future.  East Van Sellers are still enjoying their hot market though, and I suspect this will remain strong for a while.  With our recent warmer and sunnier days, it is starting to feel like summer is around the corner.  Finally!  And with the May 24th long weekend quickly approaching, the outdoor pools will open, and the beaches will be swarming with sun worshipers looking to celebrate the end of the grey days of winter.  Ah, May....what's not to love about May?  Enjoy!  

Listings

Looking for a great deck to enjoy the summer days ahead?  Mountain views, ocean views, hot tub, sauna, BBQ parties, sipping your morning coffee while reading the paper in the morning...ahhhhh!  Who wouldn't want that?  And now at a reduced price! Check out properties like these and others      here...    

Market Statistics

The Greater Vancouver Real Estate Board has announced a balanced market for the month of April.  I have attached a stats package so you can view more details on different neighbourhoods, and different segments of the market.   Read More...

Celebrate Mom this weekend!

Sunday is Mother's Day so don't forget to do something for her that makes her feel special!  With the warmer days upon us, brunch is always a great way to spend some quality time together...if your mother lives nearby that is.  One of my personal favourites is the Granville Island Hotel patio, but if you are looking for some other suggestions, Click here....
Copyright © 2011 Krista Freeborn

Our mailing address is: 1428 W. 7th Ave, Vancouver BC V6H 1C1

This communication is not intended to induce a breach of an extisting agency relationship.
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As suspected, the Bank of Canada did not increase their lending rate.  It is inevitable it will rise eventually, but the question is when.  It seems the increase will be sooner than the predicted third quarter of next year.  Read more here...

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