July 2016 Newsletter

Jody Ivanick - Mortgage Broker

jodyivan@gmail.com
604 724 2675
http://www.linkedin.com/pub/jody-ivanick/24/124/3a1

Jody - Facebook

Really Cool Info Graphic On Vancouver Prices

 

Very interesting numbers going on here.  

http://www.visualcapitalist.com/vancouver-real-estate-mania/



Foreclosures

 

July Abby Attached
July Abby Detached
July-Burnaby-Attached
July-Burnaby-Detached
July Chilliwack Attached
July Chilliwack Detached
July-Coquitlam-Attached
July-Coquitlam-Detached
July Langley Attached
July Mission Attached
July Mission Detached
July-New-West-Attached
July-North-Vancouver-Attached
July-North-Vancouver-Detached
July-Pitt-Meadows-Detached
July-Port-Coquitlam-Attached
July-Port-Moody-Attached
July-Richmond-Attached
July-Surrey-Attached
July-Surrey-Detached
July-Vancouver-Attached

Above is a list of foreclosures in the Lower Mainland.There are some great deals to be had for either your own home or as a rental property.  Check them out at the links above.



What does Brexit Mean for Your Mortgage?

 

For now, the most immediate impact will be lower interest rates. Not only will the Bank of England and the European Central Bank ease further, so will central banks in Switzerland and Japan.

The Fed, which was widely expected to hike interest rates once again in September, will likely remain on the sidelines.

Read more



26 Villages and Towns You Can Buy Right Now

 

Ever considered buying an entire Village? This article in Yahoo finance shows 26 villages you can perhaps buy right now.

Number 13 is Free. I think I can afford that one.

Check out all 26 here: 26 Villages and Towns 



BREAKING NEWS - Real Estate Self Regulation is Over!

 

If you haven't heard Christie Clark's announcement on June 29th regarding the real estate industry, click or cut and paste the following link into your browser;

https://news.gov.bc.ca/releases/2016PREM0074-001180

She has announced that the government is ending real estate industry self regulation and handing those duties back to the superintendent of real estate. 

Although the decision has some good resolutions to safeguard the public, it is a red herring as it does nothing to help solve the hot issue of the unaffordability of homes in the Lower Mainland!



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