Rosemary Papp

With over 35 Years Local Experience to Serve You

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The annual Emerging Real Estate Trends report from the Urban Land Institute and PricewaterhouseCoopers forecasts that the overall real estate market in Canada will continue to be steady well into 2015, while Calgary, Edmonton, Toronto and Vancouver will take it up a notch as 'best bets' based on investment, housing and development.

The study predicts, "Economic growth in western Canada will continue to drive significant opportunity in Vancouver, Calgary, Edmonton, and Saskatoon in the residential, commercial, and office sectors. Despite continuing and ongoing concerns about overvaluation, Toronto's housing market continues as a solid performer, while office and industrial sectors remain strong. Montreal looks to revitalize its treasured retail district to boost an increasingly condo-driven core. In Atlantic Canada, Halifax will build up commercial and office space while hoping for the residential market's sluggishness to end. And everywhere, industry players will search for opportunities in and around the city cores— capitalizing on the trends of urbanization and reverse migration that show little sign of abating."

If this is the year you plan on making a move, please call today to discuss your buying and selling goals. We'll sit down and review your current housing situation and the latest market activity in your current location, and the area you're interested in moving to. Taking the time to do your research now, before the market gears up for the busy spring season, makes sense for both buyers and sellers.

Please call today for your no-obligation real estate review!

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Source: www.604inspections.ca

Here are some eco-friendly and energy-saving tips to consider.

Energy use

Air conditioning and heating account for more than half of the home energy bill. To trim that:

1. Change filters regularly on the air-conditioning and heating unit.

2. Adjust the thermostat. Raising the temperature just one degree saves 7 percent to 10 percent on cooling costs.

3. Install a programmable thermostat.

4. Choose a more energy-efficient air-conditioning unit. The higher the seasonal energy efficiency, or SEER, rating, the more efficient the unit. Look for a rating of 13 or greater.

5. Replace the clothes washer, dishwasher, refrigerator and dryer with Energy Star appliances.

6. Add ceiling fans and portable fans to help circulate the air and cut down on air conditioner use.

7. Add attic insulation.

8. Add a ridge vent on the roof to lower temperatures in the attic.

9. Replace incandescent bulbs with compact fluorescents.

10. Replace compact fluorescent lights with light-emitting diode, LED, tiny light bulbs that fit into an electrical circuit. They use one-third the energy and last five times longer than CFLs.

11. Consider a tank-less or instantaneous water heater.

12. Replace an electric water heater with a natural-gas water heater.

13. Set water heater temperature to 120 degrees.

14. Install the water heater near the kitchen.

15. Buy a wind turbine if you’re in a rural area.

16. Plant trees on the west, south and east sides to shade the house.

17. Replace windows with Energy Star ones.

18. Add solar screens.

19. Wash laundry in warm or cold water and rinse in cold water.

20. Clean the dryer’s lint filter after every load.

Roofing

21. Choose a light-colored roof to decrease heat transferred to the attic.

22. Buy a roof made of “cool” shingles.

23. Add a durable metal roof.

24. Purchase rooftop solar shingles to help offset your energy use.

25. Purchase a rooftop photo-voltaic solar system.

Indoors

26. Consider carpets made from corn fiber or wool. Some carpets release volatile organic compounds, VOCs.

27. Clean with vinegar and products free of phosphates, chlorine and petroleum distillates.

28. Install counter tops made of bamboo.

29. Choose counter tops made of recycled glass.

30. Consider reclaimed wood flooring.

31. Opt for cork floors.

32. Use concrete for counter tops or floors.

33. Buy linoleum made of linseed oil, cork and jute.

34. Use unbleached paper for paper towels and coffee filters.

35. Consider milk-based paint.

36. Use acrylic paint that gives off low volatile organic compounds.

Water use

37. Run full loads of laundry and in the dishwasher.

38. Consider adding plumbing to recycle gray water from sinks and tubs to toilets.

39. Replace toilets with low-flow or dual-flush models.

40. Repair dripping faucets promptly.

41. Install low-flow shower heads on showers and aerators on faucets.

42. Install a water softener to minimize mineral deposits and prolong the life of the water heater.

Outdoors

43. Inspect sprinkler systems for leaks.

44. Collect rainwater to water plants and lawn.

45. Buy energy-efficient LEDs for exterior light. Bonus: They don’t attract bugs.

46. Xeriscape. Plant drought-tolerant shrubs and perennials and give them the proper amount of sunlight.

47. Start a compost pile. Not only does composting recycle kitchen waste, the end product is a nourishing amendment for gardens and planting beds.

48. Use a manual lawn mower.

49. Leave grass clippings on your yard as mulch.

50. Reduce the size of your lawn.

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Establishing an asking price is a seller's most critical decision. These pricing dos and don'ts can mean the difference between a speedy sale and a listing that lingers.

Don't believe everything you hear – or read. Every market's different, so ignore what the headlines, that know-it-all neighbor, or the armchair agent at work have to say about home pricing or what your home is worth. It's highly unlikely to be relevant to your particular property and location.

Do investigate your local real estate market from a buyer's perspective. How much are properties similar to yours (in age, size, condition and amenities) listed for? What could buyers get for the price you're thinking of asking? Checking out the competition can be quite the eye-opening exercise for sellers.

Don't make it personal. When it's time to sell, it's time to start thinking of your property as a product, not your home. Its sentimental value to you has no business factoring into your asking price, nor do your financial needs or what you originally paid for your property.

Do work with a professional real estate salesperson, and ask to see a Comparative Market Analysis. A CMA is a tool real estate reps use to help establish a competitive asking price for your property based on comparable-sales statistics they're able to gather by accessing the MLS®.

Don't overprice. Even armed with a CMA, many homeowners insist on overpricing. Overpriced listings generate less interest in those critical first two weeks, spending more time on the market, and often becoming stigmatized. This can end up being more costly to sellers than simply pricing competitively from the get-go.

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I have listed a new property at 467 8328 207A ST in Langley.
Wake up happy! This beautifully maintained 2 BR plus den A plan at Yorkson features 4th floor end corner location with large wrap deck and view to mountains, granite counters and vanity tops, stainless appliances including upgraded stove,maple cabinets, custom in suite storage, heated tile floor in bathrooms, island seating in kitchen, in suite laundry, A/C. Also included, 2 secure parking spaces, 1 is extra wide, individual secure storage with power, low maintenance fees. Pets and rentals permitted, this home also features a good, low interest assumable mortgage...easy ownership for those qualified! Call soon, this good buy will soon be good bye!
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I have listed a new property at 15 32849 EGGLESTONE AVE in Mission.
Builder big on quality! This one owner beautifully maintained home features corner location; open concept plan with high ceilings, crown mouldings, hardwood floors, inset tile design and rock face fireplace are just a few of the timeless finishing touches! The welcoming entry leads to kitchen, dining and great room which allows ease of social gatherings, off set fireplace, sliders open to extended patio and side yard area, interior door to double garage with access to large heated storage and crawl space. Upper floor features roomy bedrooms, master has spacious walk in closet and ensuite with double shower. Amenities include clubhouse, visitor and RV parking, close to schools and transit. This good buy will soon be good bye!
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Source: Fraser Valley Real Estate Board

SURREY, BC – Fraser’s Valley’s real estate market returned to normal activity levels in 2014 with sales of single family detached homes leading the way.

Ray Werger, President of the Board, says, “It was a busy year for both buyers and sellers. In 2014, both sales and new listings were stronger in Fraser Valley compared to 2013 – most notably for detached homes and townhomes – with the result that we’ve returned to normal market activity for our region on par with our 10-year average.”

The Board’s Multiple Listing Service® (MLS®) processed 15,840 sales in 2014, compared to 13,663 the previous year, an increase of 16 per cent. It also received 4 per cent more new listings during the same time period – 30,642 in 2014 compared to 29,338 in 2013. Over the year, the number of active listings for buyers to choose from dropped by 23 per cent going from 7,541 properties in December 2013 to 6,380 in December 2014.

According to Werger, sales during the month of December followed the same trend as every month in 2014 with sales surpassing the same month compared to 2013. “It was the third busiest December we’ve experienced in the last decade with sales almost keeping pace with the number of new listings.

“As a result, we’ve seen our inventory deplete, which is normal for this time of year however, our selection hasn’t been this low for almost eight years. We hope to see the usual influx of new listings during the first quarter of 2015 because we’re currently seeing a shortage of affordably priced single family detached homes in certain areas.”

In December, sales increased by 21 per cent, going from 890 in 2013 to 1,075 last month. New listings increased by 13 per cent in December compared to 2013 going from 1,013 to 1,147.

Home prices in December continued along the same trends as seen for most of 2014, with prices of single family detached homes continuing to rise; townhouse prices remaining steady, and apartment prices decreasing slightly. The MLS® Home Price Index (MLS® HPI) benchmark price of a detached home in December was $573,100 an increase of 4.3 per cent compared to December 2013, when it was $549,500.

The MLS® HPI benchmark price of townhouses in December was $293,500 on par with $293,300 in December 2013. The benchmark price of apartments decreased year-over-year by 0.8 per cent, going from $192,600 in December 2013 to $191,100 in December 2014.

Find the December Statistics Package here.

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I have listed a new property at 49 9080 198 ST in Langley.
Happiness is affordability! This sharply priced 2 BR home offers recent updates that includes roof, furnace, carpet, flooring, and more! Spacious kitchen with meal nook leads to large covered deck perfect for year round living, full size laundry area tucked into bathroom, king size mbdrm with good closet space, 2nd BR or den, landscaped lot with separate storage. This gated community is for those 55+ and 1 small pet, features include doggie parkette, clubhouse with full kitchen, well equipped workshop, ample visitor & RV parking, location is close to all that Walnut Grove has to offer. Move in ready, call soon or this good buy will soon be good bye!
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Direct: 778-834-8021
Toll Free: 1-888-707-3577
Rosemary's Email: rosemary@homesinlangley.ca
RE/MAX Treeland Realty
#101 - 6337 198 Street
Langley BC V2Y 2E3
www.HomesinLangley.ca