January 2010

Strong finish for Greater Vancouver Housing Market in 2009
After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009. ... read more
Strategies For First Time Home Buyers - Getting Your Foot in the Door
Home ownership is the cornerstone of financial independence and security. It may seem a daunting prospect to younger people or first-time buyers, but it is achievable. Like many would-be homeowners, you may be wondering how you can possibly afford to... ... read more
10 Ways to Green Up Your Home
Being earth-friendly doesn't require going solar or growing all your own food. Making your home a little greener is easy and will have a great impact on the environment. A few simple changes in your home can go a long way to combat both high energy b... ... read more
Condo Living - Important Things to Consider When Buying a Condo
Condominium units have become a wise alternative to owning a home. This is not surprising, as living in a condo can be more convenient than living in a house. A condo is ideal for individuals living alone, small families and older people. And because... ... read more
Advantages of Using a Mortgage Broker
Finding the right home may seem like the hard part of a real estate transaction, but in reality, getting the best financing can be much harder. This is partially because we have so many options nowadays for mortgage loans and so many places to find them. ... read more
 

With Compliments of

Karel Palla
Professional Real Estate Services


RE/MAX Select Properties
250-4255 Arbutus Street
Vancouver, BC, V6J 4R1
T: 604.329.1430
F: 1.866.282.1431
kpalla@kpalla.com
www.kpalla.com

Greetings,

What an exciting time in Vancouver as we are in the middle of hosting the 2010 Winter Olympic Games!  Real estate activity has slowed down as we are fixed to our television cheering on our athletes.  Commuting is not an easy task right now!  The Games will end on February 28 and I predict a very active March in the real estate market.   

As usual, I am here to help, and Spring is the best season to buy and sell.  Please feel free to contact me this month for a complimentary appraisal of your home, free real estate advice, or to help you buy or sell your next home. Let your friends know, I would love to help them too. 

Best regards,
Karel Palla

"I am never too busy for any of your referrals.  A referral is an important responsibility and is the biggest compliment someone can provide me.  I pledge to treat every referral with the utmost level of respect and professionalism." 



NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Month 4.60%  3.85%
1 Year 3.65% 2.35%
2 Year 3.95% 2.95%
3 Year 4.30% 3.45%
4 Year 5.05% 3.80%
5 Year  5.30% 4.90%
7 Year 6.60% 5.15%
10 Year  6.70% 5.35%
Variable Rate 3.25%
Prime Rate  2.25%
* last updated: Feb 08, 2010


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