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New property listed in Holly, Ladner
I have listed a new property at 9 6380 48A AVE in Delta.
Garden Estates 2 bedroom and 2 bath townhome! Very open and spacious 1 level ground floor suite ~ NO STAIRS!! The master bedroom is a generous size and offers 2 huge closets & ensuite! Large living with gas fireplace, full size dining room, kitchen with eating area and access to the beautiful west facing patio. Plenty of storage, single car garage & second parking spot outside. LOW Maintenance fees! Don't miss out on this one! OPEN HOUSE SUNDAY JANUARY 19TH 2-4PM
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I have sold a property at 5376 WELLBURN DR in Delta
I have sold a property at 5376 WELLBURN DR in Delta.
Welcome to your new home! This RANCHER has 3 bedrooms and is on a 6600 sq ft lot in a very desirable area. UPDATED throughout, this home offers a large kitchen with updated cabinetry, NEW stainless steel appliances and overlooks the sunny backyard. The newly renovated bathroom features a walk-in shower and a heated floor! Freshly painted, 1 year old roof, new interior doors & engineered hardwood flooring. Close to Ladner Village, shopping and Hawthorne Elementary.
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I have sold a property at 5323 LAUREL GATE in Delta
I have sold a property at 5323 LAUREL GATE in Delta.
Large family home in Victory South! 2500 sq ft w/over sized DETACHED garage (529 sqft). The main floor features a formal living room & separate dining room, UPDATED kitchen with NEW cabinetry, granite counters, s/s appliances, huge island w/seating and tons of storage & open to the family room. NEW boiler & on demand hot water system! The home office has a SEPARATE ENTRANCE or can be used as a 5th bedroom, located beside a full bathroom. Upstairs offers 4 bedrooms, large master bedroom with ensuite and walk in shower. Easy access attic storage in house (196 sqft) and above garage. The outdoor space features a stamped concrete patio for entertaining, RV parking & covered patio area. Located walking distance to Ladner Village, shopping & Hawthorne Elementary.
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I have sold a property at 114 15555 16 AVE in Surrey
I have sold a property at 114 15555 16 AVE in Surrey.
Beautifully updated 1 bedroom & den with an open and spacious layout. Featuring a new kitchen with quartz countertops, glass tile backsplash, stainless steel appliances, and tons of storage and new flooring. This condo is located on the ground floor with an extra large patio facing the quiet greenspace. 13x8 patio, 1 parking space, storage locker and pets allowed.
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Is it a good time to buy in 2020??

Average home price expected to rise by 3.7% next year

• Increased consumer confidence could be a key factor affecting the housing market in 2020

• 51% of Canadians are considering a home purchase in the next five years, up from 36% at the same time last year

• Only two in 10 Canadians say that the mortgage stress test negatively affected their ability to purchase a home in 2019

RE/MAX is calling for a leveling out of the highs and lows that characterized the Canadian housing market in 2019, particularly in Vancouver and Toronto, as we move into 2020.

So that is what RE/MAX says……… but how does that effect your mortgage, or your ability to buy??
Well … how much do you qualify for? It doesn’t matter what the market does …. It only matters how much you qualify for (debt servicing ratios, my job)… and of course how much you have for down payment.
Now if you are selling a home and prices go up, you may have more available for down payment. But you may also be paying more for your new home.

IS IT A GOOD TIME TO BUY IN 2020?? Do you need a new home? Then it is a good time to buy… just remember to work with a great realtor, and a qualified mortgage broker, they will help you make an educated decision on what works in your specific situation. 


Source: Debbie Twitchell AMP, The Mortgage Group

debbie@mortgagegrp.com

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