SEPTEMBER PREVIEWS FALL REAL ESTATE MARKET IN THE FRASER VALLEY

(Surrey, BC) – After a slowdown in July and August, the Fraser Valley Real Estate Board (FVREB) saw
a modest month-over-month increase in sales on its Multiple Listing Service (MLS®) in September and a
decrease in overall inventory for the fourth month in a row.

Deanna Horn, FVREB President, says, “This is the beginning of the fall market. Our sales, while lower
than a typical September, are up compared to the summer and the average days to sale for single detached
homes decreased slightly compared to August.”

A total of 1,044 sales were processed on FVREB’s MLS® in September, an increase of 5 per cent compared to 997 sales in August, however a decrease of 34 per cent compared to 1,590 sales in September of last year. The Board received 2,411 new listings last month, a 15 per cent increase from August, yet a 9 per cent decrease compared to September 2009. The Board finished September with 9,959 active listings, 3 per cent fewer than in August and an increase of 13 per cent compared to the 8,799 properties available in September 2009.

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I keep hearing discussions about the Canadian renovation tax credit and people seem a little confused about how it works. Here’s some information from the Fraser Valley Real Estate Board and the Canadian Government:

“A temporary 15% tax credit would be made available for eligible renovations and enduring alterations made to a dwelling after January 27, 2009 and before February 1, 2010. Eligible renovations are those valued at over $1,000 but not more than $10,000. Click here for a brochure.”

I was really interested in hearing Ian Watt, a downtown realtor who is creating a lot of buzz with his daily real estate video blog, at the Dublin in Surrey last Monday night (hosted by Ubertor). He didn’t disappoint! His topic?: “The Death of the Old School Realtor.” I think whether you are a Realtor or not, there’s a lot one can learn from Ian’s experience in leading the way with his blog and website marketing strategy. Basically, Ian is saying there is a new way to market with the introduction of Web 2.0. You can see the entire humorous, controversial, and very helpful presentation by heading to the Ubertor Real Estate blog – Click Here.

This week Rod Janz, rodjanz@hotmail.com will be holding open houses at:

Saturday and Sunday, March 7-8, 2009
12.00 to 2.30PM – #27-15037-58th Avenue, Surrey, BC.
$399,900. Townhouse. Really spacious throughout. Big kitchen with lots of cupboards. Central location.
Google Map
Details
MLS

3.00PM to 5.00PM – 8688 Terrace Drive, North Delta, B.C.
Like new! Beautifully & completely renovated 1586 sq.ft. 1/2 duplex in fabulous “Sunbury Park.” Great schools & bus route & quick Vancouver access. Enjoy the view of the boats on the Fraser River & beautiful sunsets! 3 bedrooms, den, recrm & 2 full baths! Delightful brand new maple kitchen & appliances, all new baths, flooring, quality plumbing fixtures, crown moldings, doors, windows & lighting! Cell tower in back yard. A rare find!
Google Map.
Details.

Please check back for pictures and video.

Royal Lepage - Ben Gauer and Associates

Welcome!

Looking for a house or townhome, and the opportunity to receive cash back when you purchase your next home? “CLICK HERE”

Whether you are buying or selling, I am here to help you with your Real Estate needs.

For listings in the Surrey, Cloverdale, Langey, North Delta, South Surrey and White Rock areas please visit www.bengauer.com. Also see “SPECIAL OFFERS” page on this blog.

One of my specialties is buying and selling development properties. If you have a potential development property, I may have potential buyer’s for you, and vice versa. Please give me a call at the business number listed below.

Here to help,

Rod Janz
Royal LePage – Ben Gauer & Associates
#6-9965-152nd Street,
Surrey, B.C. Canada V3R 4G5
Business Phone: 604-581-3838
Cell Phone: 778-808-5706
Fax: 604-581-6761
E-mail: rodjanz@hotmail.com
Web Site: www.bengauer.com