RSS

I just finished uploading this House for sale, Stevens St, WHITE ROCK, B. C.

WOW! White Rock cream puff- beautifully updated home w/ sep. entry to bright, spacious, 2 bedrm basement. Lots of windows (most vinyl), Newer roof, Furnace, Skylights, Soffit, Gutters, Deck, Lighting, Baths, California shutters, Fresh paint, Baseboards, Ext. paint, Front door, Stainless appliances, Hardwood, Glass rails, Sliding glass doors, Fence, & Garden shed. 4 fireplaces! Tons of storage. Main bath feels like a spa w/ it's footed tub & sep shower. Formal dining area- living room boasts River Rock hearth w/wood-burning fireplace. Bright kitchen opens to Family room/eating area w/deck access & new skylights. Master bedrm features full ensuite (shower), hardwood floors, walk-in closet, & glass sliders to wrap-around balcony &deck. 2nd bedrm features huge closet & sitting area. Lots of patio & sundeck area- some covered- perfect for Entertaining! Quiet, quite private backyard has room for gardens and play area. Double garage plus lots of room in driveway. Walk to transit, park, school, & short walk to BEACH! Close to great restaurants, Library, etc.

Read

News Release: January 5, 2015

STEADY HOME SALES IN DECEMBER CAP SOLID YEAR FOR FRASER VALLEY REAL ESTATE

(Surrey, BC) – Fraser’s Valley’s real estate market returned to normal activity levels in 2014 with sales of single family detached homes leading the way.

Ray Werger, President of the Board, says, “It was a busy year for both buyers and sellers. In 2014, both sales and new listings were stronger in Fraser Valley compared to 2013 – most notably for detached homes and townhomes – with the result that we’ve returned to normal market activity for our region on par with our 10-year average.”

The Board’s Multiple Listing Service® (MLS®) processed 15,840 sales in 2014, compared to 13,663 the previous year, an increase of 16 per cent. It also received 4 per cent more new listings during the same time period – 30,642 in 2014 compared to 29,338 in 2013. Over the year, the number of active listings for buyers to choose from dropped by 23 per cent going from 7,541 properties in December 2013 to 6,380 in December 2014.

According to Werger, sales during the month of December followed the same trend as every month in 2014 with sales surpassing the same month compared to 2013. “It was the third busiest December we’ve experienced in the last decade with sales almost keeping pace with the number of new listings.

“As a result, we’ve seen our inventory deplete, which is normal for this time of year however, our selection hasn’t been this low for almost eight years. We hope to see the usual influx of new listings during the first quarter of 2015 because we’re currently seeing a shortage of affordably priced single family detached homes in certain areas.”

In December, sales increased by 21 per cent, going from 890 in 2013 to 1,075 last month. New listings increased by 13 per cent in December compared to 2013 going from 1,013 to 1,147.

Home prices in December continued along the same trends as seen for most of 2014, with prices of single family detached homes continuing to rise; townhouse prices remaining steady, and apartment prices decreasing slightly. The MLS® Home Price Index (MLS® HPI) benchmark price of a detached home in December was $573,100 an increase of 4.3 per cent compared to December 2013, when it was $549,500.

The MLS® HPI benchmark price of townhouses in December was $293,500 on par with $293,300 in December 2013. The benchmark price of apartments decreased year-over-year by 0.8 per cent, going from $192,600 in December 2013 to $191,100 in December 2014.

Stats provided by the Fraser Valley Real Estate Board - for a full stats package click here: http://www.fvreb.bc.ca/statistics/Package%20201412.pdf

Read

REALTORS Care® Blanket Drive 
 December 11, 2014


20 years of recognition and support result in high quality donations to the REALTORS Care® Blanket Drive

Vancouver, BC – For the 20th year, REALTORS® across the Lower Mainland gathered warm clothing and blankets to help over 17,000 working poor and homeless people in our region and what stood out most during this year’s Blanket Drive – November 17 to 24 – was the quality and specificity of donations.

Sue Mukerji, Surrey REALTOR® and Blanket Drive volunteer for over ten years, observes, “The message that it’s not about quantity is really getting through now. Our goal has always been to collect the highest quality items to meet the needs of our most vulnerable citizens in each of our communities.

“Some of our charities request only blankets; others indicate they need mainly socks or underwear. Surrey’s Hyland House specifically asked for new pillows. Because we have REALTORS®, clients and members of the public who have been supporting us for many years, we have a network to help fulfill the unique requests as best we can.”

One group that regularly receives donations from the Blanket Drive is the Hope Central Ministry at New Heights Church in Mission. They provide food and other services to both low income families and to individuals living outdoors. Carrie Prentice is the ministry coordinator and the church’s only staff person. “For many of our clients, their only source of warmth is a blanket and winter clothing provided by the Blanket Drive.

“We were very touched when two REALTORS® returned after dropping off donations to bring us literally bags of socks. Something as simple as a clean, new pair of socks can really make a big difference to someone’s quality of life.”

Another beneficiary of the REALTOR® initiative is the Harvest Project in North Vancouver. They connect with over 300 families and individuals challenged by family breakdown, illness, job loss and poverty.

Development officer Kevin J. Lee, said, “Thank you REALTORS Care® Blanket Drive! The donated items allow us to provide coats and clothing to women and men returning to the work force or school and help those simply in need of proper clothing for the winter season."

Established in 1994, the Blanket Drive is the largest, most recognized warm clothing and blanket collection in the Lower Mainland and has assisted more than 250,000 people. Donations from REALTORS®, their clients, the general public, corporations, retailers, community groups and schools are dropped off at over 100 real estate offices from Whistler to Hope.

The REALTORS Care® Blanket Drive is a partnership between the REALTORS® of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board and the Chilliwack and District Real Estate Board and their communities.

Read

News Release: December 2, 2014

2014 TREND TOWARDS INCREASED SALES AND STEADY PRICING CONTINUES INTO NOVEMBER

(Surrey, BC) – The Fraser Valley Real Estate Board processed 1,136 sales on its Multiple Listing Service (MLS®) in November, an increase of 15 per cent compared to the 986 sales during the same month last year and 22 per cent lower than the 1,448 sales processed in October.

New listings in the Fraser Valley decreased by 2 per cent in November, going from 1,774 last year to 1,748 last month taking the number of active listings to 8,302, a decrease of 4 per cent compared to the 8,641 active listings in November of 2013.

“This is the time of year when families are settling in for winter and the holidays, so we expect to see a decrease in activity,” explains the Board’s president, REALTOR® Ray Werger. “After a busy fall with volumes reaching 5-year highs, we’re winding down the year with sales on par with the ten-year average, but about 8 per cent fewer new listings therefore home buyers will notice a shortage of inventory in certain price ranges.”

Pricing continues along the same trends as seen for most of 2014, with single family detached prices continuing to rise; townhouse prices remaining steady, and apartment prices decreasing. The MLS® Home Price Index (MLS® HPI) benchmark price of a detached home in November was $575,400 an increase of 4.6 per cent compared to November 2013, when it was $550,300.

The MLS® HPI benchmark price of townhouses increased 2.2 per cent from $292,400 in November 2013 to $298,900 last month. The benchmark price of apartments decreased year-over-year by 3.5 per cent, going from $196,200 in November of last year to $189,400 in November 2014.

“Prices are a function of supply and demand - which your REALTOR® will explain varies considerably from area to area and within the different property types - as well as local amenities, transportation options and future community development, underscoring the importance of expert guidance when you’re looking to list or buy,” says Werger.

“Overall, 2014 is shaping up to be a good year for Fraser Valley real estate,” continues Werger. “We hit a bit of a trough during the summer of last year, but since then sales have recovered and we’re tracking towards a 15 per cent increase in year-to-date sales for 2014 compared to 2013 with prices remaining relatively stable.”

Stats provided by the Fraser Valley Real Estate Board. For a full package click here:

http://www.fvreb.bc.ca/statistics/Package%20201411.pdf

Read

We are proud to announce that this Nov 23rd, 1:00 PM to 4:00 PM we will be hosting an Open House at 7505 149A Street in the Chimney Hills neighborhood, Surrey. This is an opportunity to visit this excellent House for sale in beautiful Chimney Hills.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Chimney Hills House for sale.

As always please do not hesitate to give me a call at 604.307.4242 if I can answer any questions before the open house, or if you would like to book a private showing.

Tammy Evans, Personal Real Estate Corporation
Treeland

Read

News Release: November 4, 2014

INCREASED DEMAND FOR FRASER VALLEY TOWNHOUSES AND SINGLE FAMILY HOMES

(Surrey, BC) – The Fraser Valley Real Estate Board processed 1,448 sales on its Multiple Listing Service (MLS®) in October, an increase of 16 per cent compared to the 1,249 sales during the same month last year and 2 per cent more than in September.

Ray Werger, the Board’s president, says, “Sales overall continue to outperform last year and as we’ve seen for a number of months now are the best they’ve been in five years.

“Demand remains steady in our region for single family detached homes and townhomes. Last month, the market share of sales of single family homes increased by almost five per cent compared to last year; while the share of condo sales decreased by the same amount and we’re seeing that preference reflected in prices.” 

The MLS® Home Price Index (MLS® HPI) benchmark price of a detached home in October was $573,500 an increase of 4 per cent compared to October 2013, when it was $551,400.

The MLS® HPI benchmark price of townhouses increased 1 per cent from $295,500 in October 2013 to $298,500 last month. The benchmark price of apartments decreased year-over-year by 3.5 per cent, going from $199,500 in October of last year to $192,600 in October 2014.

In the last five years, the MLS® HPI benchmark price of a detached home in the Fraser Valley has increased by 16.6 per cent. For twnhouses, the price is flat having increased by 0.5 per cent and for apartments; the price has decreased by 6 per cent.

Werger adds, “With the influx of new developments and a steady supply of resale units, we’ve never had a better selection of condos than we do right now at prices the lowest they’ve been in years. For those that say housing isn’t affordable in Metro Vancouver, you need to check out the opportunities currently for condo buyers in the Valley.”   

In October, new listings in the Fraser Valley increased by 3 per cent, going from 2,336 last year to 2,395 last month taking the number of active listings to 8,807, a decrease of 3 per cent compared to the 9,047 active listings in October of 2013. “Inventory is edging down, which is typical for this time of year,” says Werger. “The result is we’re seeing good quality homes that are priced right moving quickly.”

Stats provided by the Fraser Valley Real Estate Board. For a complete stats package click here: 

http://www.fvreb.bc.ca/statistics/Package%20201410.pdf

Read
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.