RSS

Posted on by
Posted in Lynn Valley, North Vancouver Real Estate
New property listed at 1566 BURRILL AVE in North Vancouver

I have listed a new property at 1566 BURRILL AVE in North Vancouver.
See details here
Nestled on a quiet cul-de-sac within walking distance of Lynn Valley Village, this exceptional family home offers a traditional layout with four bedrooms and two baths upstairs. The main floor boasts an open-plan kitchen with stainless steel appliances adjoining the family room, formal dining and living spaces. A flexible guest room or office w/full bathroom completes the level. Downstairs unveils a practical setup with large in-law suite currently renting for $2,950 per month. With a double garage and a fenced yard overlooking a lush greenbelt, this home offers both convenience and tranquility. Great schools, convenient transit, hike & biking out your front door! Don't let this opportunity slip away—schedule a viewing today to experience the epitome of family living.
Read

Posted on by
Posted in Central Lonsdale, North Vancouver Real Estate
New property listed at 445 19TH ST E in North Vancouver

I have listed a new property at 445 19TH ST E in North Vancouver.
See details here
Nestled in the heart of Central Lonsdale, this charming property offers an unparalleled opportunity to create your dream home. Boasting three spacious bedrooms and three bathrooms, this residence spans across a generous lot of just over 7,300 square feet. With stunning water views visible from the second floor, the potential for this home is boundless, promising a lifestyle of comfort, convenience, and captivating vistas. With a bit of love and creativity, this could be the home you've always dreamed of. Don't miss out on this rare opportunity to make your mark in one of North Vancouver's most sought-after neighbourhoods. Act now!
Read

Posted on by
Posted in Lower Lonsdale, North Vancouver Real Estate
New property listed at 105 175 VICTORY SHIP WAY in North Vancouver

I have listed a new property at 105 175 VICTORY SHIP WAY in North Vancouver.
See details here
Waterfront living at Cascade West. This stunning suite offers 1,536 sq ft of living space and steps out to a huge private wraparound patio. The head-on city and water views are breathtaking from the front living areas that step out to the patio. The customized plan offers 10 ft ceilings (lots of glass), 3 full baths and 2 fully ensuited bedrooms including the impressive, oversize primary suite. Both bedrooms look out to the tranquil beach area. Other features include h/w floors throughout, large island in the kitchen, AC with heat pump and recently added man made hedge on the patio that provides great privacy while maintaining the incredible water and city views. There are 2 side by side parking stalls and a locker. Exceptional!
Read

Posted on by
Posted in *Monthly Reports
Dan discusses why there is reason to pause and review what rate cuts actually mean.

LET’S ADDRESS THE ELEPHANT IN THE ROOM: INTEREST RATE CUTS

As buyers anxiously await the news of rate cuts to motivate their launch back into the market, there is reason to pause and review what that actually means.

I spoke with Nick Shlyakhov of the Mortgage Architects to ask how much of an effect a 0.25% rate cut has on a buyer’s monthly payments. He explained that with a variable mortgage, this drop will only lower monthly payments by about $15/month for every $100,000 borrowed. 

The table below shows what your monthly payments would be if your mortgage was $100,000, your term length was 5 years, and your amortization was over 25 years: 

RATE CUT

RATE

PAYMENT

Current Rate

6.30%

$657.75

0.25%

6.05%

$642.78

0.25%

5.80%

$627.97

0.25%

5.55%

$613.31

The important thing to consider is what happens to housing prices when the rates drop? The market will heat up - buyers will be vying for homes, initiating multiple offers, and properties will be selling over the asking price.

At the moment, housing prices have inched up 4.6% compared to last year. Sales have increased 9.6% and new listings have grown 20.3% as this optimism builds. 

The market is heating up. Contact us today to crunch the numbers before the change in rates and to get a jump on the market now.

It is going to be an active year. Contact me today to get started!

Read
Older posts : page 2
Categories:   *Coming Soon | *Just Listed | *Lifestyle | *Monthly Reports | *New Listing | *Testimonial | *Virtual Walk-through | Ambleside, West Vancouver Real Estate | Annieville, N. Delta Real Estate | Blueridge NV, North Vancouver Real Estate | Canterbury WV, West Vancouver Real Estate | Canyon Heights NV, North Vancouver Real Estate | Capilano NV, North Vancouver Real Estate | Central Lonsdale, North Vancouver Real Estate | Coal Harbour, Vancouver West Real Estate | Delbrook, North Vancouver Real Estate | Downtown NW, New Westminster Real Estate | Downtown VE, Vancouver East Real Estate | Downtown VW, Vancouver West Real Estate | Fairview VW, Vancouver West Real Estate | Forest Hills NV, North Vancouver Real Estate | Fraserview VE, Vancouver East Real Estate | Grandview Woodland, Vancouver East Real Estate | Grouse Woods, North Vancouver Real Estate | Hastings, Vancouver East Real Estate | Heritage Woods PM, Port Moody Real Estate | Highgate, Burnaby South Real Estate | Horseshoe Bay WV, West Vancouver Real Estate | Indian River, North Vancouver Real Estate | Kitsilano, Vancouver West Real Estate | Lower Lonsdale, North Vancouver Real Estate | Lynn Valley, North Vancouver Real Estate | Lynnmour, North Vancouver Real Estate | Mosquito Creek, North Vancouver Real Estate | North Vancouver Real Estate | Northlands, North Vancouver Real Estate | Port Moody Centre, Port Moody Real Estate | Renfrew VE, Vancouver East Real Estate | Riverwood, Port Coquitlam Real Estate | Roche Point, North Vancouver Real Estate | Sea Island, Richmond Real Estate | Upper Delbrook, North Vancouver Real Estate | Upper Lonsdale, North Vancouver Real Estate | Uptown NW, New Westminster Real Estate | Vancouver Heights, Burnaby North Real Estate | Virtual Walk-through | Weekly Stats | West End VW, Vancouver West Real Estate | Westlynn Terrace, North Vancouver Real Estate | Westlynn, North Vancouver Real Estate | Willoughby Heights, Langley Real Estate
Powered by myRealPage.com
Reciprocity Logo 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.