Blog by Scott & Marcella Williams

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EXCITING ANNOUNCEMENT!

May 1st, 2017
Marcella and I have just joined 2 Percent Realty Valley so we can better serve our clients. You still get out proven marketing, service and commission savings but now in a more professional presentation. Call us today and let us show you how we can better serve you. Our website is slowly transitioning so stay tuned for more updates...

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WEBSITE UPDATED...

January 29th, 2017
We have updated our website, have a look and let us know your thoughts ;-)

www.surreyhomesales.com

MARKET SIMMERS IN JULY

August 3rd, 2016

Fraser Valley housing market simmers in July

SURREY, BC – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained strong in July – however, for the first time this year, monthly sales did not break a historical record for our region.

The Fraser Valley Real Estate Board processed 1,962 sales of all property types on its MLS® in July, a decrease of 10.2 per ce ...

NEW 15% PPT EXPLAINED...

July 26th, 2016
I'M SHARING THIS UPDATE FROM ONE OF OUR REAL ESTATE LAWYER PARTNERS...


Re:  Property Transfer Tax


We just heard that the BC government is increasing the PTT by 15% tax for purchasers who are foreign entities. Here is what we know:

1. A foreign national is one who is not a Canadian citizen or permanent resident.  If it is company that is purchasing, a foreign company is one that is not incorporat ...

HOT SPRING MARKET!

February 12th, 2016
The spring market is off to a roaring pace. Listings urgently needed and with homes selling in days for over asking price why pay huge commssions? Contact us today for your free evaluation!

STRONG SALES CONTINUE!

September 2nd, 2015

News Release: September 2, 2015

STRONG SALES ACTIVITY CONTINUES THROUGH AUGUST

SURREY, BC – In August, home sales in the Fraser Valley moderated in comparison to July’s record-setting pace, however, they remained elevated compared to historical norms for the month.

There was a total of 1,734 property sales processed in August, an increase of 33 per cent compared to 1,302 sales during Augus ...

Buyer's Outpacing Supply

May 23rd, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,179 on the Multiple Listing Service® (MLS®) in April 2015. This represents a 37 per cent increase compared to the 3,050 sales recorded in April 2014, and a 2.9 per cent increase compared to the 4,060 sales in March 2015.

Last month’s sales were 29.3 per cent above the 10-ye ...

CMHC RAISES RATES AGAIN

April 7th, 2015



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CMHC Has increased their rates again. 
It’s the second time in about a year that CMHC has raised its fees on homeowners.  CMHC’s move targets only those putting down less than 10%, which equates to $450 per $100,000 of mortgage.
Some quick notes for homebuyers:
  • If your loan-to-value is over 90% and your lender submits your complete application to CMHC before June 1, 2015, you’ll pay th ...

MORTGAGE WARS HEATING UP

March 20th, 2015

Mortgage wars heat up Vancouver’s already hot real estate market!

A lowering of a popular financing option for home buyers could cause more harm than good for at least one Vancouver couple.

“Why couldn’t [interest rates] just go up to where they were before, and we would probably be able to find a place?” asks Melanie Lee. She and her husband are looking to buy their first home, but have fo ...

NO PLAN TO COOL HOT MARKET

March 19th, 2015



No plan to cool hot housing market: Harper

Prime Minister Stephen Harper announces a government initiative to help assist small and medium-sized businesses to open new markets abroad, in Mississauga, Ont. on Wednesday, March 18 2015. THE CANADIAN PRESS/Chris Young -
Prime Minister Stephen Harper announces a government initiative to help assist small and medium-sized businesses to open new markets abroad, in Mississauga, Ont. on Wednesday, March 18 2015. THE CANADIAN PRESS/Chris Young
— Image Credi ...
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