June 2018

Fraser Valley market finds comfortable pace in May as inventory reaches highest level in two years
The Fraser Valley stepped towards a more balanced market in May, with both sales and overall inventory reaching their highest points for the year. ... read more
Reduced demand is allowing housing supply to accumulate
Home buyer demand continues to decline across the Metro Vancouver* housing market. ... read more
Market Watch - Lending conditions weigh on housing demand
The impact of rising lending rates and stricter qualification levels is showing its toll on the Real Estate Market and causing demand to ease across all housing types. ... read more
What Is the Best Time to Sell a House?
A lot of considerations go into selling your home. It can often be a chaotic time—you’ll be choosing a real estate agent, making necessary improvements, coordinating showings and open houses, and possibly shopping for your new home as well. But one consideration many people overlook is how the time of year affects the sale. ... read more
Transform Your Kitchen with Updated Lighting
The right lighting can make a kitchen glow and give small space an airier ambiance. New lighting is also cheaper than carving out windows or skylights. The type of lighting you choose will be influenced by the size of the kitchen, the colour theme, cabinet finish, the location of the windows and doors, the amount of light needed to see inside the cabinets, and other storage. ... read more
Tips for Condominium Hunters
Buying your first condo can feel intimidating at first, but the process is a lot easier than you think. Your real estate agent, lawyer, and bank representatives can help guide you in buying the right condominium that suits you, so choose them wisely and don't be afraid to ask questions. Here are some tips to help you start your search and find your dream condominium. ... read more
A Buyer's Guide to Property Viewing Etiquette
As a prospective home buyer, you have responsibility for the viewing of homes. You need to be sensitive and respectful when touring properties with your agent. Here are a few simple guidelines to follow during your home hunting days: ... read more
 

With Compliments of

Lyle and Sandy Longridge
Realtors


Longridge Real Estate @ RE/MAX CENTRAL
#1-5050 Kingsway
Burnaby, BC, V5H 4C2
T: 604-812-4076
F: 604-531-5452
D: 604-812-4076
lyle@lylelongridge.com; sandy@sandylongridge.com
www.longridgerealestate.ca

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle and Sandy Longridge

...........................





NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.14% 3.10%
1 Year 3.04% 2.99%
2 Years 3.44% 3.24%
3 Years 3.55% 3.19%
4 Years 3.85% 3.50%
5 Years 5.55% 3.25%
7 Years 5.80% 3.65%
10 Years 6.10% 3.55%
Variable Rate 2.40%
Prime Rate ** 3.45%
*last updated: June 8, 2018


Compliments of
Lyle Longridge
Associate Broker/Realtor
RE/MAX CENTRAL
lyle@lylelongridge.com
Cell : 604-812-4076

Custom quality built 3 level Home in prestigious West End location on one of the quietest streets in New Westminster. This impressive 7 bedroom 7 bathroom home is over 3600 sqft . A truly gorgeous home in a friendly family neighbourhood!
Sandy Longridge
REALTOR® RE/MAX CENTRAL
sandy@sandylongridge.com
cell: 604-812-3371
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