Langley BC Real Estate | Condominums And Town Homes

Most people understand the concept that buying a home is a solid investment, but many people still renting may not be clear of the other benefits associated with owning your very own piece of Langley, White Rock and Surrey property. Here are a few of the best benefits of becoming an owner in Langley, White Rock and Surrey and leaving the renter’s world behind.

Housing Costs
Rental costs in Langley, White Rock and Surrey are increasing and will continue to increase for as long as you rent. Taking into consideration how much rent you paid ten years ago, and what you are paying now, will be a good indication of what you can expect to pay ten years from now. A mortgage gives a much more stable option. Buying a home in Langley, White Rock or Surrey with a fixed rate mortgage ensures that your payments will remain the same for the entire length of the loan. Even a mortgage with an adjustable rate will keep your payments in a very stable position.

Future Savings
When you own a Langley, White Rock or Surrey home you are technically saving money for the future. You are not only putting money into a future investment, but as you are paying it off, your Langley, White Rock and Surrey home is raising in value. You are saving money and making money at the same time. It is truly a win-win situation.

If you have never looked into all the savings you can have by investing in your own home in Langley, White Rock and Surrey then take a look at all of the savings and add them up. You may be pleasantly surprised to find that owning can be cheaper than what you are currently paying for rent in Langley, White Rock and Surrey.

There is a lot of free information available to you about buying, selling or investing in Langley, White Rock and Surrey real estate. For complete information about the Langley, White Rock and Surrey real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Langley, White Rock and Surrey real estate. So please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 778.862.5542 or email me at andrew@yourperfecthome.ca .

It is time to sell your Langley, White Rock or Surrey home and you know that you will be leaving memories behind. On top of the stress of moving, you must also deal with the sorrow of saying a final goodbye to the Langley, White Rock or Surrey house you had grown to love as a home. Here are a few tips to help you deal with these emotions and get on with it.

Tip#1 View your Langley, White Rock and Surrey home as a marketable commodity
Hard as it may seem to realize, you are putting a tangible object up for sale. The people that come in to view your home in Langley, White Rock and Surrey are not viewing the memories that you hold; they are looking at the house and the potential it holds for them as a home. Try to take their point of view when selling your home and try to see what they are looking at. This will help you deal with any sadness you may be feeling.

Tip#2 Take pictures – plenty of them
Take some time to walk around your house in Langley, White Rock and Surrey and take some pictures of anything you have become attached to in the home and that you will be leaving behind. Maybe it is a growing chart you kept as your children were growing, with nicks on the wall. Maybe it is a crack or dent in the wall, a special stain on the ceiling, it can be anything that is associated with a positive feeling that you will miss. You may find that some of the pain of leaving dissipates when you take pictures that you can bring with you to your new Langley, White Rock and Surrey home.

Tip#3 Leave the past by focusing on the future
The more attention you give to the immediate present and future, the less time you will have to think of the past. Look at all of the pleasant things you have to look forward to in the future. You are embarking on a new housing experience in Langley, White Rock and Surrey that will begin a new string of memories. Focus on the future as much as you possibly can.

Try these tips when it hurts to part with your Langley, White Rock and Surrey home. They can really help you deal with it.

If you need more free information about selling, buying or investing in Langley, White Rock and Surrey real estate feel free to contact Andrew Szalontai. For complete information about the Langley, White Rock and Surrey real estate market, including the most recent homes for sale, current property values and more, please visit the most complete online website dedicated to meeting all of your Langley, White Rock and Surrey real estate needs at www.yourperfecthome.ca . Do not hesitate to contact me anytime with any of your real estate or mortgage related questions and I will be happy to answer them for you. Call me on my cell at 778.862.5542 or email me at andrew@yourperfecthome.ca .

VANCOUVER, B.C. – December 2, 2009 – Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 12.4 per cent to $557,384 from $495,704 in November 2008. This price, however, remains down 1.9 per cent from the most recent high point in the market in May 2008 when the residential benchmark price sat at $568,411.

“This unseasonably high level of demand can be attributed in large part to low interest rates, but it also speaks to the diverse range of housing options available in Greater Vancouver,” Scott Russell, Real Estate Board of Greater Vancouver (REBGV) president said. “Prospective homebuyers today have more options at different price levels than ever before.”

The REBGV reports that residential property sales in November were the third highest volume ever recorded in Greater Vancouver for that month. Sales in the region totalled 3,083 in November 2009, an increase of 252.7 per cent compared to November 2008 when 874 sales were recorded and a 16.8 per cent decrease compared to the 3,704 sales recorded in October 2009.

“We are experiencing a brisker than normal market for this time of year, although we have begun to see a reduction in the number of homes listed for sale, which is normal as we head into the holiday season,” Russell said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 3,653 in November 2009. This represents a 21.3 per cent increase compared to November 2008 when 3,012 new units were listed, and a 26.6 per cent decline compared to October 2009 when 4,977 properties were listed on the Multiple Listing Service® (MLS®) in Greater Vancouver.

At 11,039, the total number of property listings on the MLS® decreased 8.6 per cent in November compared to last month and declined 39 per cent from this time last year.

In contrast to this year, note that November 2008 was the lowest selling November in Greater Vancouver in 27 years.

Sales of detached properties increased 261.5 per cent to 1,164 from the 322 detached sales recorded during the same period in 2008. The benchmark price, as calculated by the MLSLink Housing Price Index®, for detached properties increased 13.6 per cent from November 2008 to $757,209.

Sales of apartment properties in November 2009 increased 240.5 per cent to 1,396 compared to 410 sales in November 2008. The benchmark price of an apartment property increased 11.6 per cent from November 2008 to $381,945.

Attached property sales in November 2009 are up 268.3 per cent to 523, compared with the 142 sales in November 2008. The benchmark price of an attached unit increased 10.2 per cent between Novembers 2008 and 2009 to $469,686.

For immediate release: December 2, 2009

(Surrey, BC) - The Fraser Valley Real Estate Board (FVREB) processed 1,522 sales on its Multiple Listing Service (MLS®) in November, an increase of 200 per cent compared to the 507 sales during the same month last year and only 10.7 per cent less than in October.

“Interest rates continue to be a strong motivator resulting in unseasonably high real estate sales for this time of year,” said Paul Penner, President of the Board.

“We typically see both sales and listing activity slow in November as people start to get ready for the holidays and we did experience that on the listing side, but not in sales. This was the second busiest November Fraser Valley REALTORS® have seen in ten years.”

The number of active Fraser Valley listings in November decreased 5.4 per cent from October, dropping to 8,334 listings. This represents a 29.4 per cent decrease from last year. The MLS® saw 2,093 new listings come on stream in November, 26 per cent fewer than were received in October, however, 12 per cent more than were received in November last year.

The benchmark price of a detached home in October was $497,697, an increase of 6.5 per cent compared to November 2008, when it was $467,497.

The benchmark price of townhouses increased 2.3 per cent from $308,647 in November 2008 to $315,890 last month. The benchmark price of apartments also increased year-over-year by 1.9 per cent, going from $231,498 in November of last year to $235,842 in November 2009.

“Although prices are edging up, buyers seeking value and lifestyle continue to find both in the Fraser Valley,” said Penner. “In November, 70 per cent of all homes and 46 per cent of single detached homes sold for under $500,000, indicative of a diverse housing stock across our six communities.”

Penner says the average days on market in the Fraser Valley remains competitive: 56 days on average for single detached homes; 46 days on average for townhomes; and, 58 days on average for apartments.