Rosemary Papp

With over 35 Years Local Experience to Serve You

778-834-8021

 

I have sold a property at 28 5550 LANGLEY BYPASS in Langley.
Just your size! This nicely maintained and updated Cedar plan 2 BR, 2 bath rancher in Riverwynde offers a superior design with spacious, renewed kitchen and meal area, separate dining and living areas with access to covered patio, main bath features double shower, king size Master bedroom offers walk in closet and full ensuite. Other features include hardwood floors, kitchen centre island, glass tile backsplash, pantry, laundry room and double garage. Amenties include ample visitor parking and lakeside clubhouse, this gated community is for those 55+ with no pets. Shopping, transit and recreation are nearby, call soon or this good buy will soon be good bye!
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Source: Fraser Valley Real Estate Board

SURREY, BC – Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the highest number of real estate transactions ever recorded for the month of July.

There were 2,184 property sales processed, an increase of 35 per cent compared to 1,615 sales in July of last year. The previous highest July was in 2009, with 2,089 sales and prior to that in 2005.

Jorda Maisey is the Board’s President. “Home ownership is a passion in our country and in our region currently, conditions couldn’t be better to support that goal. Interest rates are the lowest they’ve been in six years, our provincial economy is on track to be the strongest in the country this year and in the Fraser Valley we have amongst the most affordable homes in the region.

“This is why this summer is shaping up to be the busiest in our history.”

The Fraser Valley Board's MLS® showed 7,681 active listings at the end of July, a decrease of 20 per cent compared to the 9,636 listings available in July of last year. It received 3 per cent more new listings in July; 2,815 compared to the 2,724 new listings received during the same month last year.

Maisey notes that despite seeing a slight increase in new listings in July, demand has led to a shortage of inventory in certain markets. "A detached home in the Fraser Valley is selling on average in just over one month and in many communities buyers will find themselves in multiple offer situations. It’s critical to tap into local real estate expertise in a market this hectic. Your REALTOR® will have the knowledge, tools and services to best position you for success.”

The MLS® Home Price Index benchmark price of a detached home in July was $621,100, an increase of 9.3 per cent compared to July of last year when it was $568,300. The MLS® HPI benchmark price of Fraser Valley townhouses increased 2.1 per cent going from $298,500 in July of last year to $304,900 last month. The benchmark price of apartments decreased year-over-year by 1 per cent, going from $194,700 in July of last year to $192,700 last month.

Maisey adds, “Renters take note. Given interest rates and the affordable price of condos in certain neighbourhoods in Surrey, Langley and Abbotsford, it may be more economical over the long-term for you to own. There are excellent opportunities currently in the Fraser Valley for first-time buyers.”

Find the July Statistics Package here.

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I have listed a new property at 313 19750 64 AVE in Langley.
How to start out smart? Right here! This 1 BR compact open floor plan with great storage is perfect for first time owner or empty nester. Spacious BR has privacy access to bathroom and insuite laundry, well appointed kitchen is open to dining/livingroom, other features include off set gas fireplace, computer nook and large covered deck that overlooks courtyard and garden, separate locker and underground parking. Close to park, shops, transit, restaurants and recreation, no car needed. So affordable, call soon or this good buy will soon be good bye!
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I have sold a property at 75 20071 24TH AVE in Langley.
Right size at the right price! This sharply priced 2 BR home features recent updates that includes roof, ceilings, insulation, hardwood floors & mouldings, warm paint pallette and more! Step saver kitchen is adjacent to separate dining area; bright, open living area offers room to entertain, hobby room has access to covered deck, full size laundry tucked into bathroom, king size mbdrm with good closet space and 2nd BR or den. This community is for those 55+ and no pets, amenities include outdoor pool for summer living, mature landscaping and shaded lots. Area amenities include grocery, pizza, coffee shop and a great pub. Call soon or this good buy will soon be good bye!
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RE/MAX Treeland Realty
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www.HomesinLangley.ca