BC PREPARES TO START TO OPEN UP THE ECONOMY AND HERE IS HOW THEY PLAN TO DO IT

BC’s Restart Plan lays out a series of steps that we will take together to protect people and ensure that our province can come back from COVID-19 stronger than before.

Around the world, governments have taken different approaches to try to bend and flatten the curve of transmission — from complete lockdowns to quarantines and varying intensities of physical distancing.

From the outset, B.C. established clear guidance, transparency and an evidence-based approach as hallmarks of our fight against COVID-19.

Protective measures B.C. has taken have included:

  • Providing physical distancing and hygiene guidelines for people, businesses and essential services to follow
  • Banning mass gathering of more than 50 people to reduce the risk of outbreaks
  • Closing bars, dine-in service at restaurants, and personal service operators, like barbers and dentists, to reduce the risk of transmission
  • Reducing in-classroom learning and child care
  • Requiring travellers to develop and stick to a 14-day isolation plan when arriving in B.C. from abroad
  • Restricting visitors to health care and assisted living facilities to protect some of our most vulnerable people
  • Postponing non-urgent and elective surgeries while maintaining urgent and emergency procedures

Working together we’ve made a lot of progress. These protective measures and restrictions have directly saved lives, but we also know that the public health benefit has come at some expense, including the economic, social and personal well-being of many British Columbians.

Check out the BC Government website for more info.

 

 


Check out the March 2020 SnapStats for the Fraser Valley.

The typical ‘Spring Market’ made a great start in March but the need for social distancing meant we had to make some big changes on how we do business and that was bound to have an impact on sales. Take a look at the SnapStats Video for the Fraser Valley – March 2020.

For more information on how we have adapted our business and the current market, call or email Garry Voigt – 604 789 2140, info@garryvoigt.com.

 


CHECK OUT THE LATEST SNAPSTATS FOR THE FRASER VALLEY FOR FEBRUARY 2020

Check out the latest SnapStats for the Fraser Valley for February 2020. Sales are up and there has been a slight increase in sales prices indicating that we are in a ‘Sellers Market’. We are once again seeing multiple offer situations not only in condos and townhomes but also single family homes. Inventory is low and there are a lot of buyers out there!!

Contact Garry Voigt today for more information 604 789 2140 or info@garryvoigt.com

 

This report data was captured on March 2, 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 .


BANK OF CANADA REDUCES THE BENCHMARK INTEREST RATES BY 50 BASE POINTS

The Bank Of Canada today announced that they were reducing the benchmark interest rate from 1.75% to 1.25%.

The outbreak of Cornavirus is having a negative impact on the global economy and according to the Bank Of Canada “a material negative shock” to Canadian and global outlooks.

The slash in the interest rate, coupled with the relaxation in the street test could me more borrowing power for buyers. The market is already hot right now with many buyers once again finding themselves in multiple offer situations. Now is definitely a good time to list!

Contact Garry Voigt for more information 604 789 2140 or info@garryvoigt.com.

Click on the links below for more information.

Globe and Mail

 


SOLD – JUST 2 DAYS ON THE MARKET – 2 BED – 2 BATH TOWNHOUSE – LANGLEY

31 5388 201a Street. SOLD in just 2 days! The market is hot, inventory is low and there are lots of buyers out there. There has never been a better time to list your home!! If you want to get the conversation started and learn about we can help you get top dollar for your home call Garry Voigt today 604 789 2140!

 


JUST LISTED – 2 BED- 2 BATH TOWNHOME IN LANGLEY CITY

 

Welcome to THE COURTYARDS. This light, bright 2 bed, 2 bath has some great upgrades & designer features. The kitchen & dining room, with gorgeous wood effect floor tile, open onto a sunny SOUTH facing deck, overlooking the QUIET courtyard. Modern dining room light fitting plus crown molding on the main floor. The large living room features a cozy fireplace with slate stone surround & large wood mantel. Upstairs you’ll find a huge laundry closet. The large master has a wainscoting feature & mirrored closets + organizers. Another designer touch – reclaimed wood feature wall in 2nd bed.  BONUS 3 parking! 1 on pad out front and 2 covered in tandem garage, fenced south facing patio off garage. Tons of street parking 5 mins walk to Linwood Park & Nicomekl  Elementary. O/H Sat/Sun Feb 15/16 2-4PM


BC SPECULATION TAX – IT’S TIME TO DECLARE

It’s that time of year once again when the BC Speculation Tax letters will be dropping into your mailbox.

Who needs to declare?

  • All residential property owners in the TAXABLE REGIONS must apply.
  • If a property has more than one owner, a separate declaration must be made for each owner.
  • Even if the other owners are family members or part of an estate, each owner needs to complete a declaration.

The Government claims that ‘99% of British Columbians are exempt’ from the tax so have your letter ready and LOG ON HERE to start you declaration.

The tax amount has changed from 0.5% to 2% for homeowners who are not exempt. To find out who is eligible for the exemption, check out the BC SPECULATION TAX website or call 1-833-554-2323.

Remember you must declare by March 31st 2020 in order to qualify for the exemption.

Contact Garry Voigt for more information 604 789 2140 or info@garryvoigt.com

 

 


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 .


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