New Listing! - 11931 249 ST in Maple Ridge.
Everything you need! This tastefully updated home is nestled on a Cul De Sac in the desirable Websters Corners. Plenty of updates including: kitchen & bathrooms, hardwood flooring, windows, newer high efficiency furnace, A/C, self-contained 2BR suite and huge fully fenced yard with new drainage system professionally installed. The kids will love it!! Other bonus features include a huge covered patio with space heater, media room upstairs with skylight ready for your ideas and tons of parking! Prime location literally walking distance to schools, transit & new shopping center being built on the corner with a daycare facility. Come take a look before it's gone! Open House, June 2/3 from 2:00 - 4:00!
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Swing by our Open House! - 11931 249 ST in Maple Ridge.
Open House on Saturday, June 2, 2018 2:00PM - 4:00PM
Everything you need! This tastefully updated home is nestled on a Cul De Sac in the desirable Websters Corners. Plenty of updates including: kitchen & bathrooms, hardwood flooring, windows, newer high efficiency furnace, A/C, self-contained 2BR suite and huge fully fenced yard with new drainage system professionally installed. The kids will love it!! Other bonus features include a huge covered patio with space heater, media room upstairs with skylight ready for your ideas and tons of parking! Prime location literally walking distance to schools, transit & new shopping center being built on the corner with a daycare facility. Come take a look before it's gone! Open House, June 2/3 from 2:00 - 4:00!
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Swing by our Open House! - 11931 249 ST in Maple Ridge.
Open House on Sunday, June 3, 2018 2:00PM - 4:00PM
Everything you need! This tastefully updated home is nestled on a Cul De Sac in the desirable Websters Corners. Plenty of updates including: kitchen & bathrooms, hardwood flooring, windows, newer high efficiency furnace, A/C, self-contained 2BR suite and huge fully fenced yard with new drainage system professionally installed. The kids will love it!! Other bonus features include a huge covered patio with space heater, media room upstairs with skylight ready for your ideas and tons of parking! Prime location literally walking distance to schools, transit & new shopping center being built on the corner with a daycare facility. Come take a look before it's gone! Open House, June 2/3 from 2:00 - 4:00!
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Hello!

The topic of today's newsletter is, as you may expect, The Market.  

It has become evident over the past few months that change has finally come.  In the industry, we've been seeing/hearing and feeling that new weather was on the horizon and now the numbers are starting to show it.

Let's look at some of the causes:

- Prices literally doubling across the lower mainland over the past 3-4 years.
- Interest rates rising.
- Speculation tax.
- Foreign owners tax.
- Mortgage rule changes / stress test.

All of these things put downward pressure on the buyers ability to purchase.  Even with the extremely strong demand, there is only so much people can afford.  Speaking of demand, I should clarify something.  At this point, when looking at the recent statistics, the detached market (single family dwellings) is the first to feel these changes simple because of the price.  For the majority of cities across the lower mainland, the detached market is now operating in a balanced or buyers market.  In contrast, the attached market (condo's & townhomes) are actually still operating in a sellers market and are quite hot.

This is all relatively fresh, but it takes time for people to accept reality and subsequently see these consequences in the marketplace.  What happens is this: since there are now less buyers, this means less demand which means more inventory.  What happens when there is more inventory for the buyers to choose from?  The Sellers will reduce their price in order to be competitive.  This is the nature of supply and demand.

Right now, we are floating, amidst change.  Sales volume has dropped off considerably, April was over 20% below the 10 year average.  If the volume doesn't pick up, it's just a matter of time before we see prices start to come down.

 If you are thinking about selling in the near future, my advice would be to do it soon.  I know, typical sales pitch right?  But that's just my opinion for the given scenario!

Thank you for reading and for your business, we really do appreciate it!! 
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Swing by our Open House! - 3536 GRAHAM ST in Port Coquitlam.
Open House on Saturday, May 19, 2018 2:00PM - 4:00PM
ONCE IN A WHILE… you come across a home like no other! Truly a hidden gem in the city, this tastefully updated home is nestled in the desirable Woodland Acres on Coquitlam River greenbelt. Too many updates to list but some include: updated kitchen & bathrooms, windows, exterior redone w/ insulation, self-contained 2BR suite w/ laundry, 6 zone sprinkler system, 220V to garage/shed & more. Massive, manicured South facing yard in a quiet & safe neighborhood. Prime Cul De Sac location, walking distance to schools, skytrain & shopping such as Coquitlam Centre. Come home to the tranquil sound of a river in the distance, birds chirping & nature at your doorstep. Don't miss this rare opportunity! Open House! April 28 & 29, 2:00 - 4:00!
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Swing by our Open House! - 3536 GRAHAM ST in Port Coquitlam.
Open House on Saturday, May 12, 2018 2:00PM - 4:00PM
ONCE IN A WHILE… you come across a home like no other! Truly a hidden gem in the city, this tastefully updated home is nestled in the desirable Woodland Acres on Coquitlam River greenbelt. Too many updates to list but some include: updated kitchen & bathrooms, windows, exterior redone w/ insulation, self-contained 2BR suite w/ laundry, 6 zone sprinkler system, 220V to garage/shed & more. Massive, manicured South facing yard in a quiet & safe neighborhood. Prime Cul De Sac location, walking distance to schools, skytrain & shopping such as Coquitlam Centre. Come home to the tranquil sound of a river in the distance, birds chirping & nature at your doorstep. Don't miss this rare opportunity! Open House! April 28 & 29, 2:00 - 4:00!
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Swing by our Open House! - 3536 GRAHAM ST in Port Coquitlam.
Open House on Saturday, May 5, 2018 2:00PM - 4:00PM
ONCE IN A WHILE… you come across a home like no other! Truly a hidden gem in the city, this tastefully updated home is nestled in the desirable Woodland Acres on Coquitlam River greenbelt. Too many updates to list but some include: updated kitchen & bathrooms, windows, exterior redone w/ insulation, self-contained 2BR suite w/ laundry, 6 zone sprinkler system, 220V to garage/shed & more. Massive, manicured South facing yard in a quiet & safe neighborhood. Prime Cul De Sac location, walking distance to schools, skytrain & shopping such as Coquitlam Centre. Come home to the tranquil sound of a river in the distance, birds chirping & nature at your doorstep. Don't miss this rare opportunity! Open House! April 28 & 29, 2:00 - 4:00!
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Swing by our Open House! - 3536 GRAHAM ST in Port Coquitlam.
Open House on Sunday, May 6, 2018 2:00PM - 4:00PM
ONCE IN A WHILE… you come across a home like no other! Truly a hidden gem in the city, this tastefully updated home is nestled in the desirable Woodland Acres on Coquitlam River greenbelt. Too many updates to list but some include: updated kitchen & bathrooms, windows, exterior redone w/ insulation, self-contained 2BR suite w/ laundry, 6 zone sprinkler system, 220V to garage/shed & more. Massive, manicured South facing yard in a quiet & safe neighborhood. Prime Cul De Sac location, walking distance to schools, skytrain & shopping such as Coquitlam Centre. Come home to the tranquil sound of a river in the distance, birds chirping & nature at your doorstep. Don't miss this rare opportunity! Open House! April 28 & 29, 2:00 - 4:00!
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