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July 26, 2014
New property listed in White Rock, South Surrey White Rock
I have listed a new property at 406 1280 FIR ST in White Rock.
THE VIEW !!!! Panoramic vistas of Mt. Baker - Point Roberts...This enormous south facing 621sf ocean view deck has landscaping to provide total privacy. 2nd enclosed balcony over looks well manicured gardens on Clifton Lane. Great naturallight all day long. This Penthouse has been completely renovated using nothing but the best. Kitchen has sile stone counter tops, S/S appliances including a wine fridge, 6" plank Brazilian Cherry wood floors, Crown moldings throughout, Contemporary paint, 2" California Shutters and closet organizers. Located in the center of White Rock and within walking distance to all amenities. An entertainers paradise! THIS IS A UNIQUE PROPERTY DON'T MISS OUT.
July 5, 2014
Open House. Open House on Sunday, July 6, 2014 1:00 pm - 4:00 pm
Please visit our Open House at 68 15405 31 AVE in Surrey.
Open House on Sunday, July 6, 2014 1:00 pm - 4:00 pm
WHY BUY NEW "SHOW SUITE CONDITION" PAY NO GST. NUVO 2!! Built in 2011 This 1302 SF home Backs on to a west facing greenbelt. Enter your home through your own private yard. First level features a spacious personal office and bathroom that could also be used as a playroom or theatre room. Beautiful open concept on the main floor perfect for entertaining which includes a modern kitchen with granite counters, stainless steel appliances and 2 inch blinds throughout. 2 generous bedrooms and 2 bathrooms on the upper floor. Single car garage with carport. Located close to all amenities including shopping, restaurants and transit. New home warranty still in effect.
July 3, 2014
STRONGEST JUNE IN FOUR YEARS FOR FRASER VALLEY REAL ESTATE MARKET
(Surrey, BC) – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 1,668 sales in June, an increase of 26 per cent compared to the 1,327 sales in June of last year and 2 per cent higher than sales in May. In terms of historical comparison, last month’s sales finished 7 per cent below the 10-year average for June with the previous best June occurring in 2010.
Ray Werger, President of the Board, says, “Recent news reports indicate that consumer optimism about real estate is at its highest level in a number of years and we’re experiencing that at the ground level.
“Over the last three months, we’ve seen a surge in demand specifically for single family homes and townhomes in most of our communities. Our number one buyer is families with children and they’re taking advantage of ultra-low interest rates combined with more affordable, stable prices in the Fraser Valley.”
In June, the benchmark price, as determined by the MLS® Home Price Index (MLS® HPI), of a ‘typical’ residential home – detached, townhouse and apartment combined – was 1.3 per cent higher than June of last year. For the single family detached home, the HPI benchmark price in June was $568,600, an increase of 3 per cent compared to June 2013 when it was $552,200. This is a record high benchmark price for detached homes since the MLS® HPI began in January 2005.
The HPI benchmark price of Fraser Valley townhouses decreased by 0.3 per cent; going from $298,700 in June 2013 to $297,800 in June 2014. The benchmark price of apartments was $197,000 last month, a decrease of 2.7 per cent compared to $202,500 in June of last year.
Werger adds, “We’re essentially seeing two markets right now, so it’s important to get advice dependent on what you’re listing or buying. Competitively priced, mid-range single family homes are being snapped up quickly, on average in a little over a month, whereas condos and higher-end, executive homes in our region are taking as long as three months on average to sell. Talk to your REALTOR® to find out where you fit.”
The Board’s MLS® received 13 per cent more new listings in June, 2,974 compared to the 2,625 new listings received during June of last year. The month finished with 9,853 active listings, a decrease of 6 per cent compared to the 10,515 active listings available during June of last year.
The Fraser Valley Real Estate Board is an association of 2,780 real estate professionals who live and work in the BC communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission. The FVREB marked its 90-year anniversary in 2011.
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