Indo-Canadian Voice Realty - Mar 7 2020

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Saturday, Mar 07, 2020

Volume 29 Number 10

Phone: 604-502-6100

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Fax: 604-501-6111 Email: voicerealtyads@gmail.com

CORRECTION: Market Intelligence Report (March 2020) This has been updated to correct an error in the chart title. The new title reads, “Estimated Impact of the BC Speculation and Vacancy Tax.� The latest BCREA Market Intelligence Report: Estimating the Impacts of the Speculation and Vacancy Tax estimates the Speculation and Vacancy tax reduced home sales in taxable regions in BC by an additional 12.5 per cent

compared to non-taxable regions. Click here to read the full report. Summary Findings: While all BC markets experienced sharp declines since 2018, the Speculation and Vacancy tax (SVT) is estimated to have reduced home sales in taxable regions in BC by an additional 12.5 per cent compared to non-taxable regions. Growth in home prices since 2018 is

estimated to be 5 per cent lower in taxable regions in BC compared with nontaxable regions due to the SVT. However, these impacts effectively dis-

appear if Metro Vancouver markets are excluded from the analysis, suggesting CONTINUED ON 10

Manufacturers Of Quality Cabinetry “Celebrating 30 years in Business�

Single Family Homes Multi Family Projects Hi-rise Apartments

Ph: (604) 597-0364 • Fax: (604) 597-2638

Sohan Singh Bhogal

13375 comber way, Surrey, BC V3W 5V8 Canada, www.sunrisekitchens.com info@sunrisekitchens.com

Buying or Selling... Call for all your real estate need and a FREE EVALUATION of your property • RESIDENTIAL • COMMERCIAL • INVESTMENT • LAND ASSEMBLY • FARM LAND • TOWN HOUSE • CONDOMINIUMS • WAREHOUSE • APARTMENTS SEARCH. FINANCE. BUY.

LIVE.

604 724 6000 WWW.AKSHAYSINGLA.COM

HONESTY •

RELIABILITY •

INTEGRITY P.R.E.C.

604-339-5132 106 7435 121A ST, SURREY NEW LISTING !!

OPEN : SATURDAY, 1-3 PM 2 BED • 2 BATH • 1,345 SQ.FT. STRAWBERRY HILL ESTATES. Beautiful, clean, 2 bedroom, 2 bathroom, ground level, corner unit with 2 parking stalls. This Large, 1345 Sq Ft., condo features: Kitchen with newer cabinet's, top of line Stainless steel appliances and tile floor. Spacious living room with gas fireplace, new black out blinds, laminate floors, lots of windows offering natural light, dining room leading to your private patio and yard for those summer BBQ and kids to play. Master bedroom with gas fireplace, huge walk in closet and ensuite. One more bedroom, full bathroom and in suite laundry. New roof. Close to schools, shopping, restaurants, movie theatre, transit and recreation. Maint. fee includes gas, hot water and heat. Call for your private tour.

D D L L O O SS

ASKING ONLY

$449,900

YOUR LISTING HERE Call for a No Obligation

FREE

Evaluation of your property.

Vantage Realty Office: 604-585-3555

EMAIL: jaysidhu1@gmail.com SEE MORE AT:

6245 126 STREET, SURREY

LISTINGS WANTED 3 BED • 1 BATH • 1,072 SQ.FT. BUILDER/INVESTOR ALERT!! Solid rancher on a 7800 + Square foot, corner lot, in PANORAMA area. Features spacious living room, kitchen, 3 bedrooms, laundry and workshop. The 65.6 x 120 lot has no easements or right of ways and is surrounded by newer homes. Recent updates include newer furnace and hot water tank. Build, rent or move in and watch your investment grow. Close to schools, transit, park and shopping with easy access to #10 Hwy and 64th Ave. Call for your private tour.

D D L L O O SS

ASKING ONLY

$888,000

LISTINGS ARE SELLING FAST. GRAB THIS OPPORTUNITY AND SELL YOUR PROPERTY FOR TOP $$$

CALL NOW FOR A NO OBLIGATION FREE EVALUATION OF YOUR PROPERTY

RECENT SOLDS

• 235 9458 PRINCE CHARLES BLVD • 16 14462 61A, SURREY • 5844 123A ST. , SURREY • 11230 81 AVE., N. DELTA

, 1 000 FREE $

TOWARDS LEGAL * MARKET EVALUATION FEES OR CASH *CALL FOR DETAILS

Indo-Canadian Voice Realty | Saturday, Mar. 7, 2020

2

RESIDENTIAL, COMMERCIAL & PRIVATE MORTGAGES

Refinance & Renew Your Mortgage

with us at Better Rates ib@lfr~ Eqy fvYlpr~ v`sqy pR`eIvyt pYisE~ d` pRbMD

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• Low Income • Self Employed • Bad Credit • New Immigrant • Land Development • Second Mortgages

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ALPHA MORTGAGE HOUSE CORPORATION

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#202-12830, 80th Ave. (York Business Centre) Surrey Tel: 604-501-9837 Fax: 604-501-9847 amhc@shawbiz.ca

muPq sl`h mSvry leI huxy Pon kro *Lender/Broker Fee may apply but not without prior written consent of the client

GURHIMAT S. GILL

604.825.4880

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SUKHKARAN S. BHATTY

604.765.4023

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Saturday, Mar. 7, 2020 | Indo-Canadian Voice Realty

3

LOOKING FOR

MORTGAGE I WORK FOR YOU, NOT FOR LENDERS

With over 14 years of banking and lending experience, I make your financial journey to home ownership a hassle free experience.

PRIVATE MORTGAGES We have large pool of in house funds available

I specialize in working with

FIRST TIME HOME BUYERu S so let me help yo take the journey from tenancy to home ownership

I SPECIALIZE IN : • Residential mortgages Purchases and refinances • Commercial mortgages • Self-employed programs • New to Canada programs

Axis Mortgage Corp. #204-12885-80th Ave Surrey BC V3W 0E6

Email : neetu_dhillon46@hotmail.com Email : dhillon_n@mortgagecentre.com

www.neetudhillonmortgageadvisor.com

NEETU DHILLON MORTGAGE SPECIALIST

PH: 604.780.0458

Indo-Canadian Voice Realty | Saturday, Mar. 7, 2020

4

BANK MORTGAGES

Want to Buy or Sell your home in good price? I’ll sell your home fast... Call Darshan Bains

2.49 2.79 2.94 3.69 %

5 YEAR FIXED PURCHASE HIGH RATIO

%

%

5 YEAR FIXED 5 YEAR FIXED PURCHASE REFINANCE CONVENTIONAL CONVENTIONAL

ALT-A

%

1 TO 3 YEARS FIXED

PRIVATE MORTGAGES

778-320-9494 www.crownfunding.ca 209-14300 RIVERPORT WAY, RICHMOND

*Rates subject to change without notice. Conditions apply.

Call me for a NO OBLIGATION rate quote or fill out the secure application at crownfunding.ca

Mortgage Advisor 20 years of mortgage experience

2 LEVEL • 9 BED • LOT: 43.56 x 204.5

Two fully finished basement 2-2 bedrooms and one extra bedroom for upstairs. Loaded with limestone, luxurious exterior. Radiant heat, large sundeck, mountain view, 8 parking, backyard like a park.

6.49% up 1 Year Fixed for 1st Mortgage. 7.95% up 1 Year Fixed for 2nd Mortgage.

JEET SINGH

VANCOUVER’S NEW LUXURY HOME

PANORAMA RIDGE. 6 bedroom house with 2 suites. Huge lot 10,890 sq.ft. or 82x132 lot.

101-7220 LINDSAY RD, RICHMOND

31849 CONRAD AVE, ABBOTSFORD

Luxury House For Sale In Panorama Ridge Very elegant luxury house. 8 Bedroom 2 level house on a half acre lot. Upstairs 5 Bed and 5 bath plus theatre room. Downstairs 3 bedroom rec room, family room and large kitchen. Close to Richmond, Vancouver and Hwy. Please call formoreinformation.

2 VANCOUVER SPECIAL Very nice 2 level & 3 level bright and spacious East Vancouver Houses for Sale. Big lot, 4 bedroom up, 2 basement & 5 bathrooms. Backlane. Central location. Near to School, transit and all amenities. Easy access to Vancouver Downtown & Richmond.

2 New Listing - Big Size Lots 50x120 lot house in Vancouver

12126 86 AVENUE, SURREY Kitchen Cabinet Business for Sale. Great location!! Close to Scott Road.

$95,000

OFFICE FOR LEASE IN SURREY 86 Ave and 120 St. Commercial For Lease In Surrey. Great location! Ample parking. Near Shoppers Drug mart. Good customer traffic.

Location! Location! Location! Beautiful one bedroom with view from deck. Stainless steel appliances, granite countertops, fireplace, insuite laundry, geothermal heating with A/C. Close to shopping and transportation. Motivated seller. Rentals allowed with restrictions. Currently rented for $1,500 a month.

GREAT LOCATION!! DEVELOPMENT PROPERTY. PLA already in place for 2 lots. Come and view this split entry home on a 9350 sq. ft. lot with 3 bedrooms, 3 bathrooms, unfinished basement with separate entry. The detached garage can house 4 vehicles and is 31 X 34 with high ceilings for all the room you need to work in or store your toys. Buyer to verify information at City Hall. Centrally located and in walking distance to various schools. Close to all amenities and in a great family neighbourhood.

$499,888

$1,200,000

10 Acres Farm for Sale in Aldergrove with good Blueberry crop.

Townhouse Site For Sale In Langley

Development Land For Sale In Langley.

Small Land Assembly For Sale In Langley.

50 Units, all double car garage in Langley. Application already in city hall.

2.45 Acres Development land for mixed use for Sale. Good location. Priced to sell !!

Small Land assembly as an assignment for 20 Units Stack Townhouse In Langley.

Great investment property.

$24 / sq. ft.

Approx 10 Acres Farm in Aldergrove

FREE HOME EVALUATION UNDER NO OBLIGATION

INDER ARORA

#202 9453 120 Street, Delta, BC V4C 6S2 • Ph.: 778-564-3008

604.418.9798 Email: inderc2c@gmail.com

Build Your Dream Home By Listing Here And Save Money!!

Saturday, Mar. 7, 2020 | Indo-Canadian Voice Realty

5

BHAJAN ATWAL

CHANDRA CALL ME FIRST FOR SHARMA MORTGAGE Best Rates Best Advice

604-773-8426

PREC, AMP

New Immigrants and Self-employed Accommodated

CALL ME FOR GREAT DEALS ON FORCLOSURE HOMES.

SYNDICATE LENDING CORPORATION

GET FUNDING IN LESS THAN 48 HOURS !!*

* Some Conditions apply. *Rates Subject To Change without Notice .

106-7565 132 St, Surrey

Ph: 604-572-3005

Count on our Years of experience in the local Real Estate Market. Take advantage of Hot Market and get the Top $$$ of your Property.

NO OBLIGATION FREE EVALUATION OF YOUR PROPERTY.

CALL NOW FOR A FREE

Have you heard Looking To Buy 2nd Mortgages of my rewards Real Estate? startingat 8%* program?

GOODIT CRED

chandrasharma.ca

13103 66A AVE, SURREY

Call me to see how you can qualify with ZERO DOWN!!

AVOID FORECLOSURE !! NEED MONEY? HAVE BAD CREDIT OR NO CREDIT OR NO JOB? OWN A HOME? I CAN GET YOU MONEY WITHIN 48 HOURS! CALL ME NOW!

EVALUATION OF YOUR PROPERTY.

MORTGAGES + PRIVATE LOANS 1st, 2nd & 3rd Mortgage - Best Rates PRIVATE MORTGAGES

5 YEAR VARIABLE

No credit check or employment info needed. GET CASH ASAP.

2.99%

LD

*broker or lender fee may apply.

Please visit my website to see all listings anywhere. All mortgage info will also be available soon.

*SOME CONDITIONS APPLY

YOUR LISTING HERE

CALL FOR A

Need Mortgage?

604-773-8426

Want to Sell Your House?

WESTCOAST REALTY

YOUR LISTING HERE...

If you know somebody looking to buy or sell a home, farm or business refer them to me and receive a handsome referral fee at the conclusion of the deal. Same is true for all kinds of mortgages!

PREC

WE HAVE GUARANTEED SALE PLAN* SAVE COMMISSION & GET SOLD - GUARANTEED*

Average monthly payment on $100000 mortgage = $500

I HAVE A LOT OF CLIENTS LOOKING FOR DIFFERENT TYPES OF RESIDENTIAL PROPERTIES. IF YOU ARE PLANNING TO SELL, PLEASE CALL ME FIRST. I CAN GET YOU TOP $$$

KULWANT ATWAL

SELL, BUY & MORTGAGE WITH US AND RECEIVE UP TO

SO

*

Split level house on a very quiet street. 3 bedrooms, 3 baths, double garage and a family room. Very spacious and very neat and clean house. Close to of schools.

ASKING ONLY

(NO BANK RULES)

(some conditions apply)

$20,000 CASH BACK OR DISCOUNT

BHAJAN ATWAL 604 773 8426

*SOME CONDITIONS APPLY. FULLY SUPPORTED : CENTUM FINANCIAL & CITY2CITY REAL ESTATE SERVICES

$880,000

ONLY $3500**

LIST EXCLUSIVE : FULL MLS EXPOSURE

PLEASE CALL 604.773.8426

BA CREDD IT

** SOME CONDITIONS APPLY.

604-720-6965

AMEX REALTY FRASERIDGE

LIST TO SELL - VANCOUVER UPTO SURREY !!

RAJ GUPTA 604.328.1190 Realtor1Gupta@gmail.com

604.439.0068

Century 21 Award Winner 2011, 2012, 2014

REFERRALS WELCOMED...

13977 18 Avenue, Surrey

Stunning new home in Sunnyside with a sun drenched North backyard. Beautifully crafted w/ultra high end construction & finishing. Exclusive open concept designed & built by a professional Builder. Water on demand systems. Build in A/C and more. Huge kitchen w/elegant cabinets. Feature Island, wok kitchen. Designer Lighting. High celling in living room welted ceiling in the Family room area. Four security cameras with monitor. Tile & Engg wood floor. Media room w/wet bar and Billiard room. In ground sprinkler System, Professionally landscaped. Legal two bedroom suite. Two front gates entry U shape driveway. This is perfect family home close to Bay ridge/Ray Shepherd Elementary and Elgin high school catchment. Close to Be * PREC - Personal Real Estate Corporation

QUICKEST PURCHASE... FASTEST SELL !!

I know your area very well. You can count on my 28 years of solid and professional experience to get the best value for your property.

WANTED BUYERS / INVESTORS? PLEASE CALL FOR A NO OBLIGATION FREE CONSULTATION FOR BUYING OR SELLING!!

✓

BUYERS

✓

HARDSHIP SALES

✓

STARTERS / INVESTORS

✓

TRADE DEALS

✓

CONDO PRE-SALES

✓

LAND ASSEMBLY

✓

BANKRUPTCY DEALS

✓

FREE MARKET EVALUATION

6989 204 St, Langley

$3,299,000

1.2 Acre Townhouses, live/work 'C' 16-20 units/acre Development Property with Views in APROVED Willoughby Central Gordon Estates Plan. No Creeks or Easements. 1,400 Sq ft 3bdr/2bath Rancher not livable. Great Investment Potential. Close to all shopping and amenities. An exclusive opportunity to invest in one of Canada's fastest developing communities. Property sold as is where is. Land value only. By appointment only.

D SOL

R2186789

SELLING YOUR PROPERTY & WANT QUICK RESULTS ?

SELLERS

$3,999,888

8 Bed, 7 Bath, 6,355 Sq Ft, 20,020 Sq Ft Lot, Built: 2017

13997 18 AV, SURREY

20561 68A Ave., Langley

Half Acre Lot Ready to Build. Fabulous 19,000 sq. ft. building lot available in Sunny Side Park. The perfect location to build your dream home. Close to Ray Shepherd, Laronde, and Elgin Park Secondary schools and walking distance to local parks. G.S.T. not included in the listing price. * PREC

D SOL

$1579000.00

D

SOL

Spectacular custom built home with professional b u i l d e r N o r t h Ea st Gordon area. Walking distance to the urban shopping area. This impressive 3-storey homewith finished basement. Featuring 4

$929,000

R2213711

WWW.RAJ-GUPTA.COM

SITE FOR SALE Three townhouse site available in Langley For more details call vipan sharma

6922 202B Street, Langley This offering represents an opportunity to secure 1.6 acres of prime townhouse development land in the Central Gordon neighbourhood in the Township of Langley. The property is designated for 12-40 units per acre. Great Investment Potential. Close to all shopping and amenities. An exclusive opportunity to invest in one of Canada's fastest

D

OL S T N

E

REC

$3,678,400

Indo-Canadian Voice Realty | Saturday, Mar. 7, 2020

6

6752 133 STREET, SURREY

OPEN HOUSE : SUNDAY 12 - 3

7 BED • 4.5 BATH • 6,011 SQ. FT.

ASKING ONLY

P r i m e l o c a t i o n , We s t N e w t o n masterpiece. Basement Entry Home in the Most Desirable Area of West Newton. This 2 storey home features 7 bedrooms, 4.5 baths, large fenced yard, good sized bedrooms, sec system & garage. The living room has crown mouldings & gas replace. A very roomy oor plan for a young family. 4 bedrooms up. Master has 4 piece ensuite. Walking distance to Bus, Shopping, Panorama Secondary School and Unwin Park!

$1,150,000

Buy or Sell your house with me... I will pay the legal fee of that house !!

6720 BURNS STREET, BURNABY

D

L O S

2407-13618 100 AVE, SURREY

3749 FIR STREET, BURNABY

2 BEDROOM • 2 BATHROOM • 762 SQ. FT.

7 BED • 6 BATH • 6,254 SF LOT

“Location and View" In nity Tower built by CONCORD PACIFIC, located right next to King George Skytrain Station. Walking distance to SFU, Surrey Central Mall, Parks, Library andTop Quality Restaurants. Easy and quick access throughout Vancouver area. Book your showing today.

Very solid well built home with Vaulted ceiling in the living room, open concept throughout the house. Features a South facing home with plenty of light, large windows and amazing brickwork outside. 4 bedroom on the top oor with 3 Bath and Laundry. Main oor boasts a large family room, dining and gourmet kitchen for all you cooks, great use of space for entertaining. Also a huge private and covered sundeck with a gas line for your barbecue and skylight. The garage has been converted into a gym and yoga room with 2 piece washroom. Basement has a legal 2 bedroom suite. Close to Metrotown, Brentwood mall, BCIT, easy highway access. Private yard with an amazing view of the North Shore mountains.

ASKING ONLY

$465,000

ASKING ONLY

$2,488,888

LOT 11 CHIEF LAKE ROAD PRINCE GEORGE

LOT 12 CHIEF LAKE ROAD PRINCE GEORGE

LOT 10 CHIEF LAKE ROAD PRINCE GEORGE

LOT 1 MEIER ROAD CLUCULZ LAKE

Beautiful 5.48 acre property.

Beautiful 4.94 acre property

Beautiful 4.95 acre property.

Beautiful 19 Acre property.

$28,776

$45,540

$45,540

$72,500

SEARCH. FINANCE. BUY.

LIVE.

604 724 6000 WWW.AKSHAYSINGLA.COM

Saturday, Mar. 7, 2020 | Indo-Canadian Voice Realty

7

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Indo-Canadian Voice Realty | Saturday, Mar. 7, 2020

8

We Build Your Dream Home

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WE BUILD ENERGY EFFICIENT, PASSIVE & NET ZERO HOME

MANDEEP - 604.786.7000 KAPIL - 604.719.6164 Email: rknewprojects@gmail.com

PROJECTS

Saturday, Mar. 7, 2020 | Indo-Canadian Voice Realty

25 7247 140 ST, SURREY

OPEN HOUSE

9

16233 82 AVE, SURREY

SAT: 2:00-4:00 SUN: 2:30-4:30

9310 115A ST, N. DELTA

OPEN HOUSE

13249 95A AVE, SURREY

SUNDAY 12:00 - 2:00

NEW LISTING !!

EXCLUSIVE LISTING !!

3 BED • 3 BATH • 1,580 SF

3 BED • 2.5 BATH

3 BED • 2 BATH • 7,260 SF

7 BED • 4 BATH • 2,950 SF

PRICED TO SELL! Only 3 Years old Town House with 3 Good Sized Bedrooms & Den & 2.5 Bedrooms at a prime location in Newton. Very nice open lay out, living space with High Ceiling on main oor, LED Lighting, Top quality Blinds, Quartz Countertops & Good Quality Appliances i n K i t c h e n w i t h b e a u t i f u l Pa n t r y. Underground Parking, Elevator, Bike Room & Storage Room. Walking distance to Newton exchange, Newton recreation centre, Library, Fresca, Save on food, Fruticana. Pets & Rentals Allowed.

The Orchards Complex: Rarely available Two Level Townhouse in Fleetwood, spacious 3 bdrm, 2.5 Bath, Newer roof, Gutters, Locks, furnace, fencing, fresh paint. Single Garage and second side by side open parking. Location Location Location: Right across street is Walnut Road Elementary school, park. Minutes of Walk to Fleetwood Secondar y School, Bus stops, Fraser Highway, Fleetwood Community Centre, Library, Fleetwood Park, Francis Park, Sports and Leisure Complex. shopping, Banks, restaurants, Fresh St Market, Fruticana Walking distance to Future Surrey- Langley sky train station.

GREAT LOCATION in the Hear t of Annieville,Well Maintained 3 Bedroom 1 Washroom Rancher, features include a cedar ceiling with post & beam through out, living room & dining room have large windows to enjoy your quiet neighbourhood. Private Back Yard. Close to Annieville Elementar y & Delview Secondary School with easy access to Patullo Bridge, Skytrain, Richmond &Vancouver

Completely Renovated 7 Bedrooms, 4 Washrooms two level home with (2+2) Bedroom suites as mortgage helpers ! All new ooring, paint, carpets, moulding, doors, Kitchen, light xtures, window coverings, tiles & much more. Located in a very great neighbourhood and close to all amenities. Huge 7320 Sq.ft lot with approx. 2950 Sq.Ft. built up area. Fenced backyard which is overlooked by nice covered sundeck. separate shared Laundr y for the tenants.

$599,000

13793 108 AVE, SURREY

Investor & Developer Alert !! Location, Location, Location! Very rare and hard to come by investment opportunity. Area designated as Multi family in the Official Community Plan (OCP) Currently zoned for 2.5 FAR. Great holding property. 2000 sq. ft house on 12889 Sq Ft. lot at a prime location. Great Site for condominium project.

Dry Cleaning Business with 3 Locations For Sale In Surrey. Great Income. Regular Clients. Lot of potential to expand. Please call for more details.

$2,499,000

NEW PRICE $525,000

Lot For Sale in Sullivan Station, Surrey

Well running

RF-13 3675 sq. ft. fully serviced Lot in Sullivan Station in Surrey. Build your dream home in this highly sought after area! East facing lot. Close to Woodward Hill Elementary. Transit & shopping nearby. Quick access to King George Boulevard or Highway #10. Call for more details.

$699,000

117 Street & 96 Ave.

6081 148 ST, SURREY

$2,200,000

11675 95A AVENUE, N. DELTA

Grocery Store for Sale in Surrey Please call for more info.

12621 54 AVE, SURREY

$959,000

2148 DOUBLETREE CRES, KEMLOOPS

$949,000

$799,900

$1,188,000

$888,000

Vera Burger

Franchise for Sale in UBC. Prime Location, Well Established Business

$350,000

Freshslice Pizza

Location for Sale in Vancouver

$225,000

10 12730 66 AVE, SURREY

9595 116 ST, DELTA

$578,000

2026 QUILCHENA AVE, MERRITT

$299,000

12954 59A AVE, SURREY

$149,000

CALL NOW FOR A FREE & NO OBLIGATION MARKET EVALUATION OF YOUR PROPERTY.

Want To Sell your Home Faster and for Top $$$ ?? Advantages To List With Us. • FREE Professional Photography • FREE Virtual Property Tour • FREE Full Color Property Brochure • FREE Advertising in Multiple Languages

• FREE Advertising on Social Media • FREE Gathering of Necessary Documents • Guide you through all Negotiations .... and a lot more !!!

Want To Buy Your Dream Home in your budget? We’ll get you the best deal with lots of options !

SHASHI MADAN - 604.367.5611 E-MAIL: INFO@SHASHIMADAN.CA • WWW.SHASHIMADAN.CA

$1,121,786

Indo-Canadian Voice Realty | Saturday, Mar. 7, 2020

10 CONTINUED FROM 1

the impact of the SVT has been limited to Metro Vancouver. A recovery of home sales is underway around the province, and without addressing significant supply issues, any progress made toward improved affordability looks to be shortlived. The SVT’s impact on the rent-

al market also appears to be more material in Metro Vancouver, where there was a record increase in rental supply, yet it is not possible to disentangle this from impacts of the Empty Homes Tax and shortterm rental regulations that were implemented around the same time. BCREA Market Intelligence Report is published by the British

Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS® may reprint this content, provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees as to the accuracy or completeness of

this information. BCREA is the professional association for more than 23,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for

their clients. To demonstrate the profession’s commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.

Should You Worry About Market Fluctuations? You turn on the television and watch a news Moisture on Windows story about housing prices going down. Then you read an article about the housing market You’re standing by your window admiring the on the upswing again. view. Then you notice it. Moisture has built up around the edges of the glass. Should you worry? It all depends on the reason for the build up. Assuming you have traditional double-pane glass in your windows, there are a few things

It’s a little like being on a roller-coaster ride! Unfortunately, the ride isn’t much fun if you’re thinking of buying or selling a home. In fact, it can be very confusing and frustrating. You just don’t know if “now” is the right time to make a move. In reality, the housing market has been fluctuating for decades. Yet, people sell their homes every day for good prices, and just as many people get into their next dream home affordably. When you hear news of market fluctuations, there are two important things to consider. First, a lot of media information about the housing market is national, or at least regional. If the housing market is trending up or down nationally, remember that it doesn’t necessarily mean that your LOCAL market is doing the same. In fact, it’s entirely possible for housing prices to be rising in your neighbourhood, while they are falling nationally, and vice versa. Second, if you’re selling your current property while buying another home, then the net effect of market fluctuations may cancel out. Say, for example, that the local market is on the upswing. You’ll probably be able to sell your current home for a good price. However, the home you purchase will likely also be priced to reflect the upswing. The same holds true when the market is down. All that being said, there are some circumstances in which you need to consider market fluctuations when deciding whether or not to make a move. Call today for more information.

from toppling over when you sit on it? Of course, two-legged stools won’t even stand on their own. Three-legged stools are okay, but still unstable. Four-legged stools are rock solid. What does this have to do with shopping for a new home?

to look for if you notice moisture. Often, moisture at the bottom of your windows is simply caused by too much humidity in your indoor air. If that’s the case, simply adjust your humidifier. If the moisture is on the outside of the window, typically there’s also no problem with the window itself. It may have rained recently, or the outside humidity may have spiked causing the accumulation. Generally, there’s no reason for concern. However, if the moisture is in between the two panes of glass, the seal has broken and surrounding air - along with its water content - has made its way in. This disrupts the thermal barrier of the window, reducing its energy efficiency. In fact, the glass might feel noticeably colder than your other windows on chilly days. In that case, you’ll need to replace the pane. Similarly, if the moisture is coming in through only one spot - the bottom right corner for example - then you might have a leak. If you have a wood frame or sill, you may also notice a growing water stain. It’s important to get leaks fixed quickly. There may be water damage occurring within the frame that you cannot see.

Home Shopping and the Four-Legged Stool

Well, if you want to find the right home quickly and for the best price, you need to have four things in place - the four legs of the stool. They will help ensure the experience goes smoothly. The first leg is your wish list. You need to have a clear picture of the type of home you want. How many bedrooms? A large deck? Don’t forget about the neighbourhood. Do you need to be close to major highways for ease of commuting? The second leg is a pre-approved mortgage. Getting the financing handled upfront takes the guesswork out of what you can afford. And, sellers are more likely to take any offers you make more seriously. The third leg is realistic expectations. Of homes that sell, 99% sell at or near their current market values. That doesn’t mean you can’t find a good deal. It does mean you’re unlikely to find a “steal”. Fortunately, there are likely several wonderful properties available within your price range. The final leg of the stool is a great real estate professional. Choosing the right real estate professional is crucial to making your home shopping experience less stressful and more productive. So, when you’re hunting for a new home, make sure you start with a stable “fourlegged stool”. It will dramatically increase your chances of finding a home that fits your needs and budget.

What kind of stool is most likely to keep you

FOR MORE NEWS AND UPDATES ANY TIME VISIT OUR WEBSITE VOICEONLINE.COM

Saturday, Mar. 7, 2020 | Indo-Canadian Voice Realty

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Indo-Canadian Voice Realty | Saturday, Mar. 7, 2020

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S M 00 O ,9 O R 39 D $6 BE M 3 O FR

Traditions Begin at Home Bake cookies together, help with homework, plant your own kitchen garden and watch it grow — create your own traditions at Townsend. Enjoy the convenience of great commuter routes, the YMCA and more than 30 vibrant shops, restaurants and grocery stores all just down the block. The exceptional accessibility means you can spend time on the things that matter.

Three and four bedroom move-in ready and presale townhomes. 15111 Edmund Drive, Surrey Open noon to 5 pm daily (except Fridays) 604.239.3382 | townsend@polyhomes.com

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