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Jordy Brisbin
Tel:604-839-2891
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Jordy Brisbin Sutton Centre Realty
  
 
                    


Jordy Brisbin Can Sell Your Home Today!
Get a FREE HOME EVALUATION Now!

Phone: 604-839-2891
Contact Jordy Brisbin



Serving All of Your Real Estate Needs in Burnaby

and Surrounding Areas
Sutton-Centre Realty -
3010 Boundary Road Burnaby BC V5M 4A1

 

My web site is designed with your interests in mind. Drop me a line, I would love to hear from you! As a local Burnaby Real Estate Agent, I am dedicated to selling your house or finding you that dream home you are searching for, whether in Burnaby, Vancouver, or any of the surrounding areas . I invite you to browse my website and call or e-mail me with any questions you have about buying or selling a home in the area.

View lots of properties for sale with tons of info, instantly!

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Housing supply and demand reach closer alignment in January

 VANCOUVER, B.C. – February 2, 2010 –  Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market. 
 
 The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,923 in January 2010, an increase of 152.4 per cent compared to January 2009 when 762 sales were recorded and a 23.5 per cent decline compared to the 2,515 sales recorded in December 2009.
 
Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 17.2 per cent to $573,241 from $489,007 in January 2009. This price is 0.8 per cent above the previous high point in the market in May 2008 when the residential benchmark price sat at $568,411.
 
“Although home prices in the region have largely returned to their previous peaks, we still see a significant number of first-time and move-up buyers in the market, thanks to low interest rates and the diverse range of properties available today,” Jake Moldowan, REBGV president-elect said.
 
There is also closer alignment between supply and demand in today’s housing market. At 18 per cent, the sales -to- active listings ratio in January is approximately 10 per cent lower than we’ve seen in our market over the last six months,” Moldowan said.
 

Statistics by the greater Vancouver Real Estate Board

Information Supplied By The Real Estate Board of Greater vancouver 


 

 Slow start, strong finish for housing market in 2009

VANCOUVER, B.C. – January 5, 2010 – 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.

Low interest rates, an economy emerging from recession and continuing to improve, and consumer confidence led to the resurgence experienced in the Greater Vancouver housing market in 2009,” Scott Russell, REBGV president said. “Home sales neared or passed monthly records in Greater Vancouver throughout the latter half of 2009. In fact, last month’s home sales rank as the third highest selling December in the 90-year history of our organization.”

The number of homes listed for sale on our MLS® has been in decline in Greater Vancouver for eight of the last nine months, which results in upward pressure on home prices and less selection for buyers to choose from,” Russell said.

Total active listings in Greater Vancouver currently sit at 8,939, a decrease of 41 per cent from December 2008, and a decrease of 19 per cent from November 2009

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 Information supplied by the Real Estate Board of Greater Vancouver


Jordy Brisbin Can Sell Your Home Today!
Get a FREE HOME EVALUATION Now!

Phone: 604-839-2891
Contact Jordy Brisbin


High sales levels spur rise in home values

VANCOUVER, B.C. – November 2, 2009 – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.
 
Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in October 2008. “While home prices have been rising in 2009, they have not eclipsed the peaks reached in early 2008,” Scott Russell, Real Estate Board of Greater Vancouver (REBGV) president said. “We’re coming off several months of unseasonably high sales levels, which has allowed for a gradual increase in home values this year,”
 
High confidence and low mortgage rates are continuing to drive the activity we’re seeing in the housing market today,” Russell said.
 
At 12,084, the total number of property listings on the MLS® decreased 4.1 per cent in October compared to last month and declined 37 per cent from this time last year.

Market News Burnaby Real Estate
 Information Supplied by the Real Estate Board of Greater Vancouver

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Jordy Brisbin - REALTOR ® in Burnaby, British Columbia
Cell: 604-839-2891
Office: 604-435-9477


sutton centre realty
An independent member broker 3010 Boundary Road Burnaby BC

 



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Ask me about The Sutton Member Program :

Jordy Brisbin Sutton Centre Realty

Sutton Member Program Sutton Centre Realty

 1, 2, 4 Year Fixed/Closed

Pre-approvals available

Commitment Period: 120 days

Amortization: 16-35 years available

Loan to Value (LTV): 95% Maximum

Prepayment Privilege: 20% / 20%

Minimum Beacon Score: 600

Minimum $50,000 mortgage amount

Default Insurance Provider: CMHC

Owner Occupied and Rental

Refi nancing available

Payment frequency: weekly, bi-weekly,

semi-monthly, monthly

Portable/assumable upon qualification

 5-Year Fixed/Closed

Prequalification* available

Commitment Period: 90 days

Amortization: 18-35 years available

Loan to Value (LTV): 95% Maximum

Prepayment Privilege: 15% / 15%

Minimum Beacon Score: 680

Minimum $60,000 mortgage amount

Default Insurance Providers: CMHC & Genworth

Financial

Owner Occupied Only/Principal Residence only

Refi nancing available

Payment frequency: weekly, bi-weekly, monthly

Portable/assumable upon qualification

 3-Year Fixed/Closed

Prequalification* available

Commitment Period: Purchase - 120 days;

Refinancing - 90 days

Amortization: 15-35 years available

Loan to Value (LTV): 95% Maximum

Prepayment Privilege: 20% / 20%

Minimum Beacon Score: 600

Minimum $50,000 mortgage amount

Default Insurance Providers: CMHC & AIG

Owner Occupied and Rental

Refi nancing available

Payment frequency: bi-weekly, monthly

Portable upon qualification

 5-Year Variable/Closed

Prequalification* available

Commitment Period: 90 days

Amortization: 18-35 years available

Loan to Value (LTV): 95% Maximum

Prepayment Privilege: 15% / 15%

Minimum Beacon Score: 680

Minimum $60,000 mortgage amount

Default Insurance Providers: CMHC & Genworth

Financial

Owner Occupied Only/Principal Residence only

Refi nancing available

Payment frequency: bi-weekly, monthly

Portable/assumable upon qualification

These are general guidelines only. Each mortgage is unique and must be reviewed by a mortgage coordinator to determine eligibility. Our mortgage coordinators will work with clients to find them the best rate available for their specific situation.

*Rate hold and commitment upon approval of the client and the property by the lender.

*Rates shown available O.A.C. at October 13, 2009. The 5-year variable/closed rate is at prime - 0.10% = 2.15% based on the current prime rate of 2.25%. Certain rates are applicable to purchases only. Available only to members who purchase a home through a Sutton agent registered with the Sutton Member Program except for refinance in which case the individual must be referred by a realtor member of the Sutton Member Program. Applicable mortgages only and subject to Finder Financial Services Ltd. lending criteria for residential properties. Finder Financial Services Ltd. reserves the right to discontinue this offer at any time. Terms and conditions apply. ON and BC properties only. Mortgages facilitated by Finder Financial Services Ltd. through independent lenders. FSCO# 10245.


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Jordy Brisbin, Sutton Centre Realty
3010 Boundary Road , Burnaby, British Columbia, V5M 4A1
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