Hanging with my Mom
  
My mom and I had a great Mothers day together. She is always always having fun and is a blast to hang out with!
THE MARKET HAS SHIFTED!!
The Lower Mainland Market has quickly shifted from balanced to very warm for under $3m. April 2023 sales were 2,741 sales, and by May 18, 2023, May sales were already at 2,000+ as May sales have skyrocketed! We are seeing a fair amount of multiple offers out in the marketplace, from 1-bed Downtown condos to 2-bed North Van condos to townhomes and single-family homes from East Van to Tri-Cities!
With the big increase in activity, you should get your pre-qualifications in today so you're ready when the right home comes around! And if you are thinking of upsizing, let's talk before it's too late as prices are creeping upwards!
Check out the the stats from Greater Vancouver Real Estate Board below, and do not put any weight on the fact the sales are down vs April 2022, because sales are up over 268% from January 2023 to April 2023! Click Here!
Is Your Mortgage Coming Up for Renewal?
If your mortgage is coming up for renewal in the next 6-months, there are a few options to consider.
Here are some options to consider:
1. Renew at the existing lender
2. Switch to a new lender that is offering a lower rate
3. Increase your mortgage to pull out equity too:
3a. Consolidate debts
3b. Renovations
3c. Purchase a rental property
3d. Purchase a new primary residence.
4. Decrease your mortgage if cash on hand
5. Set up a home equity line of credit
6. Set up a re-advanceable mortgage
We can get you approved today with rate hold to ensure you are taken care of!
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