July 2020 Newsletter
Andy Schildhorn • July 17, 2020
Hello and Welcome to our July Newsletter.
Strata insurance is in the news. Generally we are seeing an average increase of 35% in insurance rates. I have heard of much larger increases with bigger deductibles. The province has announced its first steps to address this issue. Please read for more details.
This month’s featured listing is 8902 Wright St located in Fort Langley. A wonderful, fully renovated 4 bedroom home on a 12,000sq.ft. plus lot. A real family pleaser. Just in!!! A price reduction of over $40,000.
Our Langley infographic is telling us sales volumes increased with upward pressure on pricing. Pent up demand due to covid 19?
I would not be surprised in the next while to see the market flatten out.
Its Blueberry picking time and one of my favorites is Krause’s Berry Farms. If picking berries is not for you they have so much more to choose from. From Estate Wines to Waffles. Krause has it all.
Irina Bartnik Notary Public lets us know “what is the Notary Public’s role in the purchase or sale of your home.”
That is it for this month. Drop me an email or give me a call to discuss any real estate needs. In the meantime, thanks for dropping by, have a great day and I look forward to hearing from you soon
This month’s featured listing is 8902 Wright St located in Fort Langley. A wonderful, fully renovated 4 bedroom home on a 12,000sq.ft. plus lot. A real family pleaser. Just in!!! A price reduction of over $40,000.
Our Langley infographic is telling us sales volumes increased with upward pressure on pricing. Pent up demand due to covid 19?
I would not be surprised in the next while to see the market flatten out.
Its Blueberry picking time and one of my favorites is Krause’s Berry Farms. If picking berries is not for you they have so much more to choose from. From Estate Wines to Waffles. Krause has it all.
Irina Bartnik Notary Public lets us know “what is the Notary Public’s role in the purchase or sale of your home.”
Rita Cousin, Mortgage Broker gives us three excellent options on how to pay for home renovations.
We are now transitioning into Phase 3, the restart of our economy. What does that mean? Take a few minutes to read this article
and remember it still important to wash your hands.
That is it for this month. Drop me an email or give me a call to discuss any real estate needs. In the meantime, thanks for dropping by, have a great day and I look forward to hearing from you soon
It's basically the most basic dog you can get, but they are adorable. They're popular for a reason. Support our very own LAPS
Everything you need to know about the upcoming federal election in Langley. The 2025 federal election campaign will end April 28 with a new set of Parliamentarians tasked with the job of governing Canada. Read More Here
Homebuyers in Metro Vancouver are sitting on the sidelines despite market conditions tipping in their favour, according to the latest data from the Greater Vancouver Realtors (GVR). Residential home sales in March 2025 totalled just 2,091—down 13.4 per cent from March 2024 and 36.8 per cent below the 10-year seasonal average. It marked the slowest March for sales since 2019. Active listings climbing to highest levels seen in a decade At the same time, active listings reached levels not seen in nearly a decade. New listings for detached, attached and apartment properties were up 29 per cent year-over-year to 6,455—a 15.8 per cent increase over the 10-year average. Total active listings on the MLS reached 14,546, up 37.9 per cent compared to March 2024 and 44.9 per cent above the seasonal average. “If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” said Andrew Lis, GVR’s director of economics and data analytics. “Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS than we’ve seen in almost a decade.” Read More
