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Archive for the ‘Chilliwack’ Category

47136 Peregrine Ave Chilliwack Promontory H1204686 New Listing

Posted on: December 7th,2012 By Rod Friesen

I just listed 47136 Peregrine Ave Chilliwack Promontory H1204686.

Chilliwack Real Estate New Listing

As good as new without the tax hassle. Quality Domae built 2 Storey w/bsmt home on Promontory. Nearly 3,200 expansive
sqft featuring an open floor plan concept with beautiful hand scraped hardwood flooring and crown mouldings.
Wrap around maple kitchen with large pantry. 3 bedrooms upstairs including a huge master bedroom w/5 piece ensuite
features and large walk in closet. You also get a den on the main with french doors and its own balcony. The on demand hot
water system will have you wondering how you have ever lived without out it. Back yard is fully fenced providing peace and
privacy. 2×6 quality construction and a high efficiency furnace as well. Call today to view.

October 2010 Fraser Valley Real Estate Stats

Posted on: November 2nd,2010 By Rod Friesen

Fraser Valley’s real estate market moved towards balance in October as inventory continued to decrease and sales and prices remained stable.

A total of 1,014 sales were processed on the Fraser Valley Real Estate Board’s Multiple Listing Service in October, a decrease of 3 per cent compared to 1,044 sales in September and a decrease of 40 per cent compared to 1,704 sales in October of last year.

Deanna Horn, FVREB President, says, “With help from near record low mortgage rates and a steady decrease in the supply of homes, we’re getting back to what I call a ‘normal’, balanced market.

“However, sellers should be aware that demand for homes is strong, yet selective. Buyers in the Fraser Valley recognize that selection, although dropping is still generous and they’re looking for properties priced competitively. Even with carrying costs remaining stable, the affordability threshold is a factor.”

The Board received 2,125 new listings last month, a 12 per cent decrease from September and a 25 per cent decrease compared to October 2009. The Board finished October with 9,561 active listings, 4 per cent fewer than in September and an increase of 9 per cent compared to the 8,807 properties available in October 2009.

Horn adds, “When supply and demand move into balance, prices can become a real ‘sticking point’ underlining the importance of hiring a professional REALTOR® who knows your local market and can provide detailed comparisons to ensure your home is priced competitively.”

The benchmark price for Fraser Valley detached homes in October was $505,759, down 0.3 per cent compared to September and 3 per cent higher compared to $491,128 in October 2009.

The benchmark price of Fraser Valley townhouses in October was $319,058, a 0.9 per cent decrease compared to September and a 2.2 per cent increase compared to October 2009 when it was $312,339.

Year-over-year, the benchmark price of apartments increased 0.2 per cent going from $240,048 in October 2009 to $240,542 last month and 0.4 per cent higher compared to September 2010.

Click here for October_2010_FVREB_Stats

Mortgage Rates – Jan 24-31 2010

Posted on: January 29th,2010 By Rod Friesen
TermsPosted RatesOur Rates
6 MONTHS4.60%4.50%
1 YEAR3.65%2.55%
2 YEARS3.95%2.85%
3 YEARS4.50%3.40%
4 YEARS5.14%3.79%
5 YEARS5.49%3.89%
6 YEARS6.10%4.75%
7 YEARS6.60%5.20%
10 YEARS6.70%5.30%
1 YEAR

VARIABLE

Prime = 2.25%Prime – 0.25% =

2.00%

3 YEAR

VARIABLE

Prime = 2.25%Prime – .25% =

2.00%

5 YEAR

VARIABLE

Prime = 2.25%Prime – 0.20% =

2.05%

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