CHECK OUT THE SNAPSTATS FOR JANUARY 2020 – IT IS STILL A HOT SELLERS MARKET!

Check out the latest **Snapstats for January 2020. The stats indicate that we are still in a hot ‘Sellers Market’. Inventory is low and buyers are very active. Savvy sellers should be cashing in on the market conditions RIGHT NOW and not waiting for the typical ‘spring market’! See below video for full stats for Greater Vancouver, Metro Vancouver and the Fraser Valley.

If you would like more information call Garry Voigt 604 789 2140 or email info@garryvoigt.com.

FVR 2020 January
GVR 2020 January
MVR 2020 January
**This report data was captured on February 3, 2020 from the Fraser Valley Real Estate Board MLS®. Refer to our YTD reports for sustained periods of the Sales Ratio % . The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Garry Voigt do not assume any responsibility or liability. More info at snap-stats.com .


B.C. SET TO RELAX THE RULES ON SECONDARY RESIDENCES ON ALR

In 2019 the BC Government bought in legislation to limit the size of residences on farm land to halt the building of so-called “Mega Mansions’ Another part of this legislation was the necessity for farmers to get permission from the Agricultural Land Commission to build secondary residences on their land.

The changes propose that secondary residences be allowed on ALR land but they cannot be more than 1000 sq ft. However, there would be more flexibility for use including being able to use the secondary home as rental accommodation. This is great news for farmers!

It is proposed that the maximum size of primary residences will remain at 5,400 but secondary residences will no longer have to be mobile or manufactured homes.

Click on the links below to read more.

VANCOUVER SUN

BC GOV NEWS

If you would like more information call Garry Voigt 604 789 2140 – Your Local Langley Realtor

 


HAVE YOU EVER CONSIDERED THE BENEFITS OF BUYING VS RENTING?

There is no doubt about it, there are definitely some benefits to renting a home rather than taking the leap to purchase. Your costs can be lower than if you purchase but what about getting a return on that investment?

The article below sets out 5 really good incentives to buy instead of renting.

 

  1. Possible Tax Breaks
  2. Getting help from CMHC to purchase a home
  3. Using your RRSP contributions as leverage
  4. GST New Housing Rebate
  5. Building Equity and Credit

Click Here to read the article recently published in REW.ca

If you are looking to buy your first home and want more information about the benefits of buying a home call Garry Voigt today, email www.garryvoigt.com or call 604 789 2140. We have helped many happy first time buyers navigate their first purchase!

 


NEW LISTING – MASTER ON THE MAIN – 2 BED 2 BATH TOWNHOUSE WITH HUGE LOFT AND BACK YARD

Welcome to SULLIVAN GATE. Rarely available RANCHER style DUPLEX townhouse with a much sought after MASTER ON MAIN with 5 piece ensuite & large walk in closet + 2nd bed & full bath on main. HUGE loft + office upstairs! END unit has windows all around for natural light. Main floor has HIGH VAULTED CEILINGS in living room & kitchen + large pantry & eat up island with a cozy gas fireplace. Separate formal living room w/fireplace and engineered hardwood throughout + BONUS AIR CONDITIONING W/Heat pump. Crawl space for extra storage. Double side by side garage PLUS double driveway! HUGE fenced PRIVATE backyard like a house without the hassle! LOCATION, LOCATION! Leave the car at home, right beside Sullivan Square, Cafe’s, Groceries, Clinics, YMCA & transit. 2 pets allowed Open House Sat/Sun Feb 1st and 2nd 2-4pm


YOUR BC ASSESSMENT IS IN – LEARN MORE ABOUT WHAT THIS MEANS FOR YOU

If you live in BC, you may have already received your new BC Assessment. Understanding why your Assessment has increased or decreased compared to the previous year can be extremely confusing.
One of the most important things to understand is that the Assessment is actually based on the market value of your house as of July 1st the previous year, and not the market value in January when the Assessment is mailed. The Assessment also does not necessarily have any bearing on the actual Market Value of your home and this can lead to even more confusion.
For a more accurate, up to date valuation your Realtor can create a Comparable Market Analysis. Contact Garry Voigt and let his expertise help you understand your home’s market value.
There is a lot of information contained with the BC Assessment website that tries to help clarify
the Assessment process. Click on the video and link below for more.
If you disagree with you Assessment you can appeal but you have to do this before the January 31st deadline!!


CHECK OUT THE DECEMBER STAPSTATS FOR THE FRASER VALLEY – METRO VANCOUVER AND GREATER VANCOUVER

Check out the SnapStats Markt Speedo Video of the Fraser Valley – December 2019.

We are still in a ‘Sellers Market’ – Sales were up over 50% compared to December 2018 and the median sales price has increased by 6% compared to December 2018.

If you are thinking of selling, don’t wait for the ‘Spring Market’, the time to sell is NOW!

FRASER VALLEY NOVEMBER 2019 

GREATER VANCOUVER NOVEMBER 2019

METRO VANCOUVER NOVEMBER 2019

This report data was captured on January 2,2020 from the Fraser Valley Real Estate Board M LS® .Refer to our YTD reports for sustained periods of the Sales Ratio % .The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Garry Voigt do not assume any responsibility or liability. More info at snap-stats.com


CHECK OUT THE NOVEMBER STAPSTATS FOR THE FRASER VALLEY – METRO VANCOUVER AND GREATER VANCOUVER

Check out the latest market stats for the Fraser Valley. See the links under the video for further market stats for The Fraser Valley, Metro Vancouver and Greater Vancouver.

For more information on the November 2019 market click on the links below

FRASER VALLEY NOVEMBER 2019 

GREATER VANCOUVER NOVEMBER 2019

METRO VANCOUVER NOVEMBER 2019


SOLD – Less than 2 weeks on the market! 170 10077 156 Street


JUST LISTED – TOWNHOUSE – 3 BED – 3 BATH – HUGE REC ROOM – WALK TO GUILDFORD MALL

 

Welcome to Guildford Park Estates. This 3 bed, 3 bath home benefits from many updates, BRAND NEW KITCHEN, renovated main floor bath, all NEW PAINT & BRAND NEW CARPET upstairs. ROOF replaced this year. Entrance on MAIN floor with BONUS bedroom and full bath on main! Lots of windows to let in light. Bright white kitchen has loads of counter & cabinet space. 2 large bedrooms up, 1 full ensuite & 1 ensuite powder room. 2nd bed leads to large south facing deck! Huge bonus rec room on lower floor with own entrance. Large side by side garage with plenty of space for storage. Close to T & T Supermarket and Guildford Mall as well as transit links to Vancouver and the Skytrain! Walking distance to William F Davidson Elementary. This is the perfect family home! Open House Oct 5th & 6th 2 – 4 pm


ONE STEP CLOSER TO THE SURREY – LANGLEY SKYTRAIN LINE

The TransLink Mayors council met last week and voted to complete the business plan that will eventually bring SkyTrain down Fraser Highway, linking the community of Surrey to downtown Langley City.

Currently there is funding of 1.6 billion dollars that will bring the SkyTrain as far as Fleetwood with 4 stations. A total of 3.12 billion will be needed to expand the line further to Langley centre.

The line is projected to be complete by 2035 and could potentially handle 62,000 passengers per day.

To read more about the plan CLICK HERE