HOUSING MARKETS MODERATES FOR SPRING BUYERS

The Real Estate Board of Greater Vancouver (REBGV) reports that while there were fewer housing sales in March 2008 compared to last year, residential prices continued to climb.

Residential property sales in Greater Vancouver totalled 2,997 in March 2008, a decline of 16.3 per cent from the 3,582 residential sales recorded in March 2007, and a decline of 25.7 per cent compared to the 4,033 sales in March 2006. New listings for detached, attached and apartment properties increased four per cent to 5,674 in March 2008 compared with March 2007, when 5,456 new units were listed.

The market is continuing to balance, with sales and listings beginning to re-align with our 10-year averages. The selection of inventory hitting the market is wider than we have seen in the past few years, which gives prospective buyers more choices.


THE FIVE BIGGEST MISTAKES SMART PEOPLE MAKE
WHEN buying A home

In our March 2007 issue we brought you the five biggest mistakes people make when selling their home. This month the five biggest buying mistakes:

Mistake #1: Not Knowing How Much They Can Afford Before They Make An Offer - The easiest way to avoid this mistake is to get pre-approved for a mortgage by a lender so you know in advance exactly how much you can afford.

Mistake #2: Not Realizing In Advance Who The Real Estate Agent Represents - Most people think that the agent they are working with is working for them. But unless they are working as your buyer
representative, they may be representing the seller.

Mistake #3: Not Realizing That The Wrong Mortgage Can Cost Thousands Of Dollars Of Needless Interest And Taxes - Check with your accountant or mortgage broker before you make your final decision on mortgage you are going to choose. They will be able to tell you what the long-term effects will be on your income or cash flow.

Mistake #4: Not Discovering Hidden Defects Before They Buy A Home - One of the most expensive mistakes is also one of the easiest to avoid, by having a professional pre-purchase home inspection.

Mistake #5: Not Knowing How Much Their Credit Can Affect Their Ability To Buy Or Refinance A Home - Before you buy a home, many of the clouds on your credit history can be cleared up or even eliminated. Your mortgage professional can help you review and prepare your credit file in advance.
 


virtual tours on all listings!

Take a look at any of our listings this year and you will notice something new . . . they all come with Virtual Tours!

We are always looking for ways to provide more value for our clients and with the Internet playing an increasingly important role in marketing homes we feel that Virtual Tours are a great addition to all of the methods we use to market our client’s homes. Now Buyers can click on the Virtual Tour link on our listings and then just sit back and enjoy the show.

So if your interested in viewing the tours just just click on any of the links below to see our latest listings (and just in case you are wondering - there is no additional cost to our clients - it’s all part of the service!).
 

1002-1566 West 13th Ave
Vancouver
37-4900 Cartier Ave
Vancouver
23118 - 14th Ave
Langley

thanks to our referral partners!

Wow! Where did the time go? It only seems like yesterday when we were having our 2007 Client Appreciation Party and yet here we are just over six months away from the next one!

If you want more chances to win this year’s Party Grand Prize - a $3500.00 Travel Voucher! let us know of anyone who is looking to buy or sell their home because every completed deal from a referral means more chances for you to win!

While we are counting down the days to this years party we would like to give many thanks to our most recent referral partners! So may thanks to Gina Best, Jenny Hughes, Ted Loo, Sarah Woodford, Rob & Leona Trenkel,  Ben Scott and James & Janet Toews.
 


OUR ANNUAL CLIENT APPRECIATION PARTY

Each year our referral partners are invited to a not-to-missed appreciation party with draws taking place every 15 minutes, building up to a GRAND PRIZE draw for a $3500.00 travel voucher. Want to know more? Click here or go to our website and click on REWARDS!
 

604-880-0037
scott_lesliec@yahoo.com
www.ScottLeslieCarpenter.com

Re/Max Select Properties
250-4255 Arbutus St.
Vancouver, BC V6J 4R1

              

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