HELLO EVERYONE AND WELCOME TO OUR MAY NEWSLETTERWe are seeing climbing interest rates, inflation and buyer fatigue. What is in store for pricing? Well here
Newsletter April 2022
Dated: April 22 2022
Views: 36
HELLO EVERYONE
AND WELCOME TO OUR APRIL NEWSLETTER
The “Cooling Off Period” is moving ahead. I still do not see how this will help our real estate market. More open bidding? That needs to be looked at. The market is leveling off. Maybe a little late.
Our featured listing is 406 5438 198 Street. Located in the Nicomekl neighbourhood, just around the corner to city convenience and yet close to walking trails on the Nicomekl river.
Here is our recorded Facebook live session for April market statistics. This is always a lot of fun. Thank you Jeanette for suggesting this.
Our Langley Market Report is showing detached home prices are up 38.2% from last year with listings up by 12.4% and sales volume down by 21.5% year over year. The same could be said for Condos and Townhomes in the Langley area. It is still very much a Seller’s market out there.
The Fort Langley Farmer’s Market is opening up. Every Saturday from 9:00 to 3: 00pm. Organic veggies to varietal BC wines and spirits.
Rita Cousins Mortgage Broker discusses the differences between a mortgage broker and dealing directly with the bank. Who do you want on your side.
Irina Bartnik Notary Public, goes into detail on the Federal budget and their new housing policies.
Will the increase in interest rates deflate the real estate market? Maybe that with other pressures we could see a leveling off.
Well, that’s it for this month. This past weekend was pretty busy. If you are thinking of making a move, now is the time. Let’s talk.
Thanks for dropping by, have a great day and I look forward to meeting with you soon.
MARKET UPDATE : APRIL 2022
Province introduces legislation intended to protect homebuyers in hot real estate market (CBC News)
The British Columbia government says people buying homes in the province's hot real estate market could soon be protected by a cooling-off period that gives them time to back out of an agreement.
Finance Minister Selina Robinson says the Property Law Amendment Act introduced in the legislature today will help build the framework for a protection period for homebuyers to properly assess, finance and inspect the home they want to buy.
FEATURED LISTING: 9206 McBride
Located in the Nicomekl neighbourhood, just around the corner to city convenience and yet close to walking trails on the Nicomekl river.
FACEBOOK LIVE SESSION
JOIN US
See where our local real estate market is going.
LANGLEY MARKET REPORT
AROUND LANGLEY
The Fort Langley Farmer’s Market is opening up. Every Saturday from 9:00 to 3: 00pm. Organic veggies to varietal BC wines
and spirits.
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Andy Schildhorn
My job is simple—I help clients find a place to call home in the community I love. I’ve lived in Langley for 25 years, and have been in Real Estate since 1992.If you’re a buyer, I he....
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