Canada Day Celebrations!

Looking to do something fun tomorrow for Canada Day? Check out this list of local events!

Chilliwack - Free skating, swimming, kids and family activies, music and fireworks! For more info click here.

Abbotsford - Parade, play zones, community showcase, art, music and fireworks! Click here to learn more!

Mission - tons of family activities including pony rides, dunk tank, firefighter challenge, food, music, Mission's Got Talent and of course - fireworks! See here for more info!

Langley - Canada Day celebrations have been going on all weekend! Tomorrow tops them all with tons of activities, music, a car show, lots of food and....fireworks! Here is the complete info. 

Canada Day at Canada Place! So much going on at Canada Place this year - check out all the info on their website!

Website helping out Condo Buyers

From the Toronto Star:

When Paul and Stacey Johnson arrived at the Market Wharf condos recently to tour three units for sale, they knew far more than most licensed realtors about the dollars and sense of the biggest purchase of their lives.

They knew the precise square footage of each suite, instead of just the 800-899 square foot range listed on the MLS. They knew the age of the building, the name of the developer, even which had balconies allowing gas barbecues.

But, most importantly, the Johnsons knew how overpriced each of the two-bedroom units were compared to what’s sold, so far, in the relatively new building just south of St. Lawrence Market.

That’s because Paul spends each morning trolling an innovative and insightful new website called condos.ca — the most comprehensive to date among a new generation of online sites aimed at shaking up the GTA real estate industry and giving buyers, and investors, vital bottom-line information.

“The number one concern for me right now is, am I buying at the peak of the market. I’m not going in with the attitude that I need to make a profit, but I want to know that, in five years, I’m going to at least break even and have had a great place to live in the meantime,” says Johnson.

“I wouldn’t have a lot of that kind of information if it wasn’t for this site.”

Buyers Camp out for Three Days for Brentwood Condos

From the Vancouver Sun:

Despite recent predictions about the inevitable burst of the Greater Vancouver real-estate bubble, buyers last week were camped out three days before Saturday’s presale of a new Burnaby mega-project.

“We expected that people would be camped out on Friday — we weren’t expecting them on the Wednesday before,” says Macartney Greenfield, Rennie Marketing System’s project manager. 

Brentwood is a 28-acre master-planned community that combines shopping in 350 stores, dining, entertainment and residences in an open-air high street and one-acre public plaza connected to transit.

Of 288 units available in the first tower of the Brentwood development at Lougheed and Willingdon — with occupancy slated for winter 2017 — all were sold on Saturday. Three penthouse units were not yet released, but likely will be in the fall when units for a second 63-storey tower will be made available.

“I think it has a lot to do with the revitalization of Brentwood as a neighbourhood,” says Greenfield. One-bedroom units were offered at $299,000, two-bedrooms at $355,000, and a handful of three-bedroom units were sold starting at $928,000. The condo units start on the 33rd floor, with rental units below.

“The buyers have lived in this neighbourhood,” says Greenfield. “We definitely saw a lot of people buying for their children, and some are just downsizing. There was a lot of local interest.”

New Listing!! 2618 BLACKHAM DR, Abbotsford, BC

2618 Blackham Drive, Abbotsford, BC

Gelderman.ca Real Estate Team

Perfect McMillan Family Home. This 3 bedroom home with a legal 2 bedroom suite is ideally located for a family. Walk to all levels of school, recreation centre(swimming pool, ice rink, fitness centre), parks, public transit and shopping. New stainless steel appliances, blinds, counter tops, cabinet doors, flooring and paint. Nice spacious home and yard, RV parking and located at the end of a cul-de-sac. Don't wait call for your private viewing today. For more photos and full details check out the listing on our website here. 

Strongest May for Home Sales since 2007

BCREA - Vancouver, BC 

The British Columbia Real Estate Association (BCREA) reports that a total of 8,729 residential sales were recorded by the Multiple Listing Service® (MLS®) in May, up 13.9 per cent from May 2013. Total sales dollar volume was $4.9 billion, an increase of 20.6 per cent compared to a year ago. The average MLS® residential price in the province rose to $565,233, up 5.8 per cent from the same month last year.

“Consumer demand was noticeably stronger last month, with unit sales posting their highest level for the month of May since 2007,” said Cameron Muir, BCREA Chief Economist. “Rock bottom mortgage rates are inducing many would-be home buyers to enter the market this spring.”

“With most BC markets now in balanced conditions, home prices are up in nine of 11 board areas,” added Muir.