July 2020 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