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Found 194 entries published by Natasha Taylor.

Real estate rebound continues for Fraser Valley

The demand for Fraser Valley real estate is the strongest it’s been since the spring of 2018.   

The Fraser Valley Real Estate Board processed 1,592 sales of all property types on its Multiple Listing Service® (MLS®) in October, a  18.5 per cent increase compared to sales in September 2019, and a 37.8 per cent increase compared to the 1,155 sales in October of last year.   

Darin Germyn, President of the Board, says, “Our market started to pick up in the summer and we’ve been steadily improving since. It’s rare to see October home sales in the Fraser Valley outpace April and that’s what we’ve seen this year; our typical spring and fall markets have flipped. “Consumers are feeling more confident.

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Property sales in Fraser Valley have recovered bringing market into balance

For the third straight month, home sales in the Fraser Valley surpassed 2018 levels bringing the market back in line with long‐term averages.  

The Fraser Valley Real Estate Board processed 1,343 sales of all property types on its Multiple Listing Service® (MLS®) in September, a 3.5 per cent increase compared to sales in August 2019, and a 29.8 per cent increase compared to the 1,035 sales in September of last year.   

Darin Germyn, President of the Board, says, “The market’s return to balance is good news for both buyers and sellers, however it’s important to put the 30 per cent year‐over‐year increase in sales into context. September’s sales went from amongst the worst

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A quick snapshot of the Fraser Valley's real estate market today covering the following areas: Surrey, South Surrey, North Delta, Cloverdale, Langley, Abbotsford and Mission. All single family home, townhome and condo data sourced from the FVREB MLS®.

For more information on the current state of the real estate market within the specific community and property type you are interested in please contact Natasha Taylor directly by calling or texting 778-316-4290 or by emailing ntaylor@sutton.com.

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September was the second month in a row that home sales in the Fraser Valley surpassed 2018 levels, which brings the market back to historical norms.

In August, there were 1297 sales of all property types on the Fraser Valley Real Estate Board’s Multiple Listing Service®  (MLS® ).  All property types have been selling and, finally, there has been a resurgence in the single-family home market. 

By the end of August, there were 8,040 active listings available in the Fraser Valley. This is a 9.6% increase compared to August of 2018 and a 3.6% decrease compared to July 2019.

 

Fraser Valley Real Estate Stats for August 2019 - Quick Glance

  • Detached – SALES DOWN FROM LAST MONTH: -8.3%
  • Townhouse – SALES DOWN FROM LAST MONTH: -16.2%
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Fraser Valley housing market continues to stabilize as sales pick up compared to last year

For the second month in a row, home sales in the Fraser Valley surpassed 2018 levels bringing the market closer to historical norms.  

The Fraser Valley Real Estate Board processed 1,297 sales of all property types on its Multiple Listing Service® (MLS®) in August, an 11 per cent decrease compared to sales in July 2019, and a 12.3 per cent increase compared to the 1,155 sales in August of last year.   

Darin Germyn, President of the Board, observed, “Compared to last year, this August has been quite robust. All property types are selling and we’re seeing a resurgence in the single‐family detached market. Across North Delta, Surrey and Langley, sales are up

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A quick snapshot of the Fraser Valley's real estate market today covering the following areas: Surrey, South Surrey, North Delta, Cloverdale, Langley, Abbotsford and Mission. All single family home, townhome and condo data sourced from the FVREB MLS®.

For more information on the current state of the real estate market within the specific community and property type you are interested in please contact Natasha Taylor directly by calling or texting 778-316-4290 or by emailing ntaylor@sutton.com.

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Fraser Valley home sales heat up this summer

Home sales in the Fraser Valley rebounded in July after what was classified as a lackluster market in June. There was a significant increase in home sales, which when combined with a slight decrease in new listing inventory, created a spike that helped rebound the market.

July 2019 saw 1458 sales in the Fraser Valley, taking into account all property type MLS® real estate listings. This was an 11.6 percent increase in sales when compared to June 2019 and 13 percent over sales in July of 2018.

It was an increase that was to be expected after one of the worst June real estate markets in almost 20 years. This is news that is welcomed by both buyers and sellers in the area. A return to a more balanced

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A quick snapshot of the Fraser Valley's real estate market today covering the following areas: Surrey, South Surrey, North Delta, Cloverdale, Langley, Abbotsford and Mission. All single family home, townhome and condo data sourced from the FVREB MLS®.

For more information on the current state of the real estate market within the specific community and property type you are interested in please contact Natasha Taylor directly by calling or texting 778-316-4290 or by emailing ntaylor@sutton.com.

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A look at the July 2019 housing market for Metro Vancouver with REBGV President Ashley Smith.

For more information on the current state of the real estate market within the specific community and property type you are interested in please contact Natasha Taylor directly by calling or texting 778-316-4290 or by emailing ntaylor@sutton.com.

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Those entering into a mortgage will hear the words “mortgage stress test”. Those words may be enough to stress you out. After all, for some it might mean qualifying for a smaller mortgage than anticipated.

The stress-test applies to homebuyers, regardless of how much money they are putting down and is another hurdle to cross when looking to purchase a house. It’s an indicator that lets the lender know how much ‘stress’ you can handle when it comes to your mortgage payment.

If mortgage rates were to increase, can you continue to make the payment?

That is a question you should be asking yourself, too. And, it is why many will advise buyers to not purchase the most expensive home they can afford, but rather find a mortgage payment amount they are

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