Posted on
October 25, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 20834 80 AVE in Langley. See details here
Open House on Saturday, October 26, 2024 2:00PM - 4:00PM
Arguably one of the best outlooks and most functional floorplans in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well layed out home offers morning sun through the kitchen windows, and some evening sun on the Balcony, while part of the balcony offers shade on those hot days. Featuring high 9' ceilings, Shaker style...
Posted on
October 25, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 20834 80 AVE in Langley. See details here
Open House on Sunday, October 27, 2024 2:00PM - 4:00PM
Arguably one of the best outlooks and most functional floorplans in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well layed out home offers morning sun through the kitchen windows, and some evening sun on the Balcony, while part of the balcony offers shade on those hot days. Featuring high 9' ceilings, Shaker style...
Posted on
October 20, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at A315 20834 80 AVE in Langley. See details here
Open House on Sunday, October 20, 2024 2:00PM - 4:00PM
One of the best layouts, location, and nicest outlooks in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well laid out home offers morning sun through the kitchen windows, and some evening sun on the balcony, while part of the balcony will offer shade on those hot days. Featuring high 9' ceilings, shaker style...
Posted on
October 18, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at A315 20834 80 AVE in Langley. See details here
Open House on Saturday, October 19, 2024 2:00PM - 4:00PM
One of the best layouts, location, and nicest outlooks in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well laid out home offers morning sun through the kitchen windows, and some evening sun on the balcony, while part of the balcony will offer shade on those hot days. Featuring high 9' ceilings, shaker style...
Posted on
October 12, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at A315 20834 80 AVE in Langley. See details here
Open House on Saturday, October 12, 2024 2:00PM - 4:00PM
One of the best layouts, location, and nicest outlooks in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well laid out home offers morning sun through the kitchen windows, and some evening sun on the balcony, while part of the balcony will offer shade on those hot days. Featuring high 9' ceilings, shaker style...
Posted on
October 3, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at A315 20834 80 AVE in Langley. See details here
Open House on Saturday, October 5, 2024 2:00PM - 4:00PM
One of the best layouts, location, and nicest outlooks in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well laid out home offers morning sun through the kitchen windows, and some evening sun on the balcony, while part of the balcony will offer shade on those hot days. Featuring high 9' ceilings, shaker style...
Posted on
October 3, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at A315 20834 80 AVE in Langley. See details here
Open House on Sunday, October 6, 2024 2:00PM - 4:00PM
One of the best layouts, location, and nicest outlooks in Alexander Square. Located on the quiet side overlooking the courtyard in the SE corner of Phase 1, this well laid out home offers morning sun through the kitchen windows, and some evening sun on the balcony, while part of the balcony will offer shade on those hot days. Featuring high 9' ceilings, shaker style ...
Posted on
May 2, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 301 3270 4TH AVE W in Vancouver. See details here
Open House on Sunday, May 5, 2024 2:00PM - 4:00PM
Kitsilano Gem! Fully renovated one bedroom & den, one bath, 716 Sq Ft and great use of space. New stainless appliances, quartz countertops, Vinyl plank flooring, fireplace, new lighting and cabinets with under cabinet lighting. Super bright & clean and must be seen! Located in the heart of Kitsilano, a stones throw to Mcbride Park, with Playground and tennis courts. walking...
Posted on
April 26, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 301 3270 4TH AVE W in Vancouver. See details here
Open House on Saturday, April 27, 2024 2:00PM - 4:00PM
Kitsilano Gem! Fully renovated one bedroom & den, one bath, 716 Sq Ft and great use of space. New stainless appliances, quartz countertops, Vinyl plank flooring, fireplace, new lighting and cabinets with under cabinet lighting. Super bright & clean and must be seen! Located in the heart of Kitsilano, a stones throw to Mcbride Park, with Playground and tennis courts....
Posted on
April 26, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 301 3270 4TH AVE W in Vancouver. See details here
Open House on Sunday, April 28, 2024 2:00PM - 4:00PM
Kitsilano Gem! Fully renovated one bedroom & den, one bath, 716 Sq Ft and great use of space. New stainless appliances, quartz countertops, Vinyl plank flooring, fireplace, new lighting and cabinets with under cabinet lighting. Super bright & clean and must be seen! Located in the heart of Kitsilano, a stones throw to Mcbride Park, with Playground and tennis courts....
Posted on
April 5, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 301 3270 4TH AVE W in Vancouver. See details here
Open House on Saturday, April 6, 2024 12:00PM - 4:00PM
Kitsilano Gem! Fully renovated one bedroom & den, one bath, 716 Sq Ft and great use of space. New stainless appliances, quartz countertops, Vinyl plank flooring, fireplace, new lighting and cabinets with under cabinet lighting. Super bright & clean and must be seen! Located in the heart of Kitsilano, a stones throw to Mcbride Park, with Playground and tennis courts....
Posted on
March 28, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 301 3270 4TH AVE W in Vancouver. See details here
Open House on Saturday, March 30, 2024 2:00PM - 4:00PM
Kitsilano Gem! Fully renovated one bedroom & den, one bath, 716 Sq Ft and great use of space. New stainless appliances, quartz countertops, Vinyl plank flooring, fireplace, new lighting and cabinets with under cabinet lighting. Super bright & clean and must be seen! Located in the heart of Kitsilano, a stones throw to Mcbride Park, with Playground and tennis courts....
Posted on
February 2, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 207 250 1ST ST W in NORTH VANC. See details here
Open House on Saturday, February 3, 2024 2:00PM - 4:00PM
Lifestyle is key here at Chinook House in Lower Lonsdale. A bright updated SW corner unit with windows on both the south and the west to allow the light to shine in. Nice updates including renovated kitchen and bath, flooring, Crown molding & stainless appliances. A pleasant outlook to the Boulevard, and the surounding trees offering privacy. The building has many...
Posted on
February 2, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 207 250 1ST ST W in NORTH VANC. See details here
Open House on Sunday, February 4, 2024 2:00PM - 4:00PM
Lifestyle is key here at Chinook House in Lower Lonsdale. A bright updated SW corner unit with windows on both the south and the west to allow the light to shine in. Nice updates including renovated kitchen and bath, flooring, Crown molding & stainless appliances. A pleasant outlook to the Boulevard, and the surounding trees offering privacy. The building has many...
Posted on
January 30, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 207 250 1ST ST W in NORTH VANC. See details here
Open House on Tuesday, January 30, 2024 10:00AM - 12:00PM
Lifestyle is key here at Chinook House in Lower Lonsdale. A bright updated SW corner unit with windows on both the south and the west to allow the light to shine in. Nice updates including renovated kitchen and bath, flooring, Crown molding & stainless appliances. A pleasant outlook to the Boulevard, and the surounding trees offering privacy. The building has many...
Posted on
January 27, 2024
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 207 250 1ST ST W in NORTH VANC. See details here
Open House on Sunday, January 28, 2024 2:00PM - 4:00PM
Lifestyle is key here at Chinook House in Lower Lonsdale. A bright updated SW corner unit with windows on both the south and the west to allow the light to shine in. Nice updates including renovated kitchen and bath, flooring, Crown molding & stainless appliances. A pleasant outlook to the Boulevard, and the surounding trees offering privacy. The building has many...
Posted on
October 17, 2023
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 5654 KINGBIRD CRES in Sechelt. See details here
Open House on Saturday, October 21, 2023 12:00PM - 4:00PM
OCEANVIEW RANCHER in SilverStone Heights community offers stunning panoramic Southerly views of Georgia Strait and the Trail Islands. A short 20 min walk to the many shops and services of Sechelt. Craftsman style rancher with 3 bedrooms and 2 full baths, with a welcoming foyer that leads you to the vaulted ceiling in the living room and open floor plan to the kitchen...
Posted on
October 17, 2023
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 5654 KINGBIRD CRES in Sechelt. See details here
Open House on Sunday, October 22, 2023 10:30AM - 1:00PM
OCEANVIEW RANCHER in SilverStone Heights community offers stunning panoramic Southerly views of Georgia Strait and the Trail Islands. A short 20 min walk to the many shops and services of Sechelt. Craftsman style rancher with 3 bedrooms and 2 full baths, with a welcoming foyer that leads you to the vaulted ceiling in the living room and open floor plan to the kitchen...
Posted on
October 6, 2023
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 5654 KINGBIRD CRES in Sechelt. See details here
Open House on Saturday, October 7, 2023 12:00PM - 4:30PM
OCEANVIEW RANCHER in SilverStone Heights community offers stunning panoramic Southerly views of Georgia Strait and the Trail Islands. A short 20 min walk to the many shops and services of Sechelt. Craftsman style rancher with 3 bedrooms and 2 full baths, with a welcoming foyer that leads you to the vaulted ceiling in the living room and open floor plan to the kitchen...
Posted on
September 27, 2023
by
Garth P Raven (Prudential Sussex Realty)
Please visit our Open House at 5654 KINGBIRD CRES in Sechelt. See details here
Open House on Saturday, September 30, 2023 12:00PM - 5:00PM
OCEANVIEW RANCHER in SilverStone Heights community offers stunning panoramic Southerly views of Georgia Strait and the Trail Islands. A short 20 min walk to the many shops and services of Sechelt. Craftsman style rancher with 3 bedrooms and 2 full baths, with a welcoming foyer that leads you to the vaulted ceiling in the living room and open floor plan to the kitchen...
Categories:
Arbutus, Vancouver West Real Estate
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Central Abbotsford, Abbotsford Real Estate
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Central Lonsdale, North Vancouver Real Estate
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Cottonwood MR, Maple Ridge Real Estate
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Deep Cove, North Vancouver Real Estate
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Hastings, Vancouver East Real Estate
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Highgate, Burnaby South Real Estate
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King George Corridor, South Surrey White Rock Real Estate
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Kitsilano, Vancouver West Real Estate
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Lincoln Park PQ, Port Coquitlam Real Estate
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Lower Lonsdale, North Vancouver Real Estate
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Lynn Valley, North Vancouver Real Estate
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Norgate, North Vancouver Real Estate
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Northlands, North Vancouver Real Estate
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Park Royal, West Vancouver Real Estate
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Pemberton NV, North Vancouver Real Estate
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Port Moody Centre, Port Moody Real Estate
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Roche Point, North Vancouver Real Estate
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Salmon River, Langley Real Estate
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Scottsdale, N. Delta Real Estate
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Sechelt District, Sunshine Coast Real Estate
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South Marine, Vancouver East Real Estate
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Steveston North, Richmond Real Estate
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Steveston South, Richmond Real Estate
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Victoria VE, Vancouver East Real Estate
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West End VW, Vancouver West Real Estate
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Westlynn, North Vancouver Real Estate
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Willoughby Heights, Langley Real Estate
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Windsor Park NV, North Vancouver Real Estate
Market update!!
As most of you have heard, sales in the Vancouver real estate market have been down this year, the numbers vary from area to area. The strata market has been soft, while single family homes and building lots have been significantly better, again depending on the area.
The media types have been talking about a so called bubble, and a correction in the real estate market, as if there will be some dramatic shift in prices one day. I believe this is a misnomer. To the contrary, we’ve seen small corrections happening every day over the last few months to compensate for the smaller number of sales, as opposed to a sudden price drop. So in effect, the correction has already and is already happening on a daily basis. This doesn’t mean that it could not correct more, or less as time goes on. Some buyers believe that because of the slow market, they should automatically submit low ball offers assuming that home sellers should be desperately trying to sell and escape the market before this correction, however again this is wrong thinking, as there is a good chance that new home sellers entering the market have priced their home correctly, given the current circumstances.
I believe that because the interest rates have been so low for so long now, a lot of the new home buyers that could buy, did buy in the last couple of years, leaving a lack of new home buyers to drive the entry level market. There are however still a small number of new home buyers entering the market all of the time, and of course folks upsizing and downsizing, to continually add some buoyancy to our market.
Despite the market sales being lower this year, I’ve been very fortunate, so thank you friends, family, and valued clients!!
All the Best!
Garth
Who's Doing High Fives Now? SEPTEMBER/OCTOBER, 2007
If you think lenders make too much money, you are not alone........ However, it's very likely that you, the borrower, are an eager participant in all those profits. Billions of dollars are literally given away to the banks each year because of consumer pathy. Lenders know this and in fact they "bank" on it. What do we mean?
Well, a recent survey conducted by Canada Mortgage and Housing Corporation reveals that despite all the new mortgage products on the market, people looking to renew their mortgage will more often than not, revert back to their current lender. In fact, according to the report, 81% of them did. Does this make sense when the competition could be offering lower interest rates and better terms? It doesn't. There is some good news though. This same survey indicates that consumers are shopping around slightly more than they were in the past. People that were renewing their mortgage were faithful to their financial institution to the tune of 88% in 2000. By 2006 this dropped 7 percentage points.
This decline in lender loyalty was also very evident in repeat home buyers and people that refinanced their mortgage because of wanting extra cash to make home enovations or consolidate debt. In 2006 only 65% of these consumers went back to their current provider – well down from what it was in previous years. The only category that remained relatively stable was first-time home buyers.
57% of these buyers financed through their banking institution in 2000 and this remained almost constant - 58% in 2006. It would appear that first-time buyers are savvy and cautious when it comes to mortgage debt. Initially, they do their
research diligently when it comes to comparing lenders and what they can offer. However, these very same buyers that were so careful at the start, oon join the ranks of those that are "too busy" at mortgage renewal time to check out and compare lenders. Most people know that banking is a business. However, not all acknowledge that bank
employees are paid to look after the bank's best interests – not yours. In fact these employees have quotas to fill – big quotas! It is amazing that people will go to seminars sponsored by Lenders and expect to be told how to negotiate the best mortgage deal for themselves. Puh-leeze! That's like inviting a fox to the chicken coop to tell the chickens how to avoid getting eaten by him. It makes no sense whatsoever, yet that is exactly what people do. Even more remarkable is the fact that these potential customers believe they are getting sound and unbiased information and actually act on the
advice given by the fox. This can be a very costly mistake.
However, let us explore mortgage renewal in greater detail.
Mortgage funding is extremely competitive. Lenders spend an enormous amount of money just to get mortgage business in the first place and they certainly don't want to lose customers now or at any time in the future.
If homeowners would just take a few hours and shop around for several proposals from different lending institutions when their mortgage term is up, they might be pleasantly surprised about their findings. The chances are that they would quite possibly receive an offer from another Lender that is better in both interest rates and/or terms provided.
Lenders may even pay for all the set-up, transfer and legal fees when the mortgage business is transferred to them. Once a homeowner has different options in hand, the power to choose becomes theirs. They can accept this new favorable proposal or have their current lender match or better it. Odds are, your lender isn't going to be
willing to give up your business without a fight.
How much actual cash could be saved by keeping Lenders honest? Well, let's figure it out. A $300,000 mortgage calculated at 6% over a 25 year amortization period works out to monthly payments of $1,919.42. Conversely, at 5.5% and using the same criteria, the payments are $1,831.18. The difference is $88.24 per month. Now multiply that by 60 (five years of monthly payments) and you will see that by negotiating a better rate, rather than blindly accepting the first offer, you have saved $5,294.40. Really, with a little investigative effort, you could have put a stash of cash in your jeans or made a handsome contribution towards paying off your mortgage. Instead of the Lenders' CEO's counting profits and doing high fives around the boardroom table because of consumer apathy, you could be going on vacation. You may be trained to be loyal but hopefully, not tamed! Next time . . . shop around! |
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.