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September 2012 Real Estate E-Newsletter

Posted on September 26, 2012 by Krista Freeborn

Stay in touch with what's happening in the Greater Vancouver Real Estate market by checking out my monthly e-newsletter.

September 2012

Summer is officially over and it seems fall really is upon us! Well, I guess we can't complain...we've had gorgeous weather this month. With summer holidays over, is it time for a renovation? Want to do it on a budget to increase your resale value? Watch this video for quick tips & suggestions. Do you have an investment property, or thinking of purchasing one? Watch this video for quick tips on making the most of your cash flow. With Canada's housing market ranked one of the best in world, according to the Global Property Guide, now is the time to stop renting and start thinking about making the move to home equity. When you are ready to start the process of buying, or if you are not sure if the timing is right, CMHC has a great website with a lot of good information on helping you decide if the time is right, and what the next step is during the buying process. With the Bank of Canada's announcement earlier in the month to keep it's rate steady at 1%, rates remain at an all time low, so the good news continues for buyers wanting to capitalize on locking in a low rate. If you are already an owner and are locked in to a mortgage over 4%, I hear from mortgage brokers that you may be better off breaking your mortgage and securing a lower rate. Call your mortgage broker for details if you think this may benefit you.

New Listing!

Are you an avid golfer and always dreamed of living where you golf? Imagine the 11th green at your back door! Daily golf games with your fave fairway pals! A beer on the sunny patio while you brag about your mulligan-free game and near hole-in-one! Let your dreams come true with this 1/3 acre lot on the gorgeous Crown Isle golf course in Courtenay, BC. One of the largest lots in Crown Isle, the possibilities are endless as you design your dream home. A two year couples golf membership will get you started living the life you've always imagined! View more details here...

Market Statistics

Home sales in Greater Vancouver this summer have been lower than we've seen for most of the last 10 years, however prices have remained fairly stable. Remember though, it's your local area statistics that are important because Greater Vancouver stretches from Maple Ridge, to Delta, to Whistler, to the Gulf Islands. In August we saw listings & sales drop, but prices increase Downtown, Westside Condos, Eastside Houses, N Van Houses, W Van Houses & Condos, & Richmond Condos. We saw listings, sales, & prices drop in Westside Houses, Eastside Condos, & N Van Condos. Richmond Houses saw fewer listings, an increase in sales, & a drop in prices over July 2012. To view the detailed stats, Read More...

Vancouver Home & Design Show

The Vancouver Home & Design Show returns to BC Place October 11-14, 2012. If you have an upcoming renovation and need some supplier names, contractors, trades, appliances, flooring ideas, etc, then this is the show for you! Vancouver Home & Design Show

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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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