RSS

Bringing Affordable Housing to Surrey: A Cause Close to My Heart❣

As a realtor, I am dedicated to helping people find their perfect homes. However, I am acutely aware that for many, the dream of homeownership or even securing affordable housing is not easily attainable. That’s why I am honored to be part of an incredible affordable housing initiative right here in Surrey.
I believe that everyone should have the "OPTION" to find a safe, comfortable place to call home. This belief drives my passion and commitment to this cause.
🤝 I am thrilled to share that I am now working alongside the Entrepreneurs of Options Group, a dedicated team within Options Community Services. This group is devoted to creating and promoting accessible housing solutions, ensuring that everyone in our community has the opportunity to find affordable housing.
Habitat@81st is one of our shining achievements—a project that has provided 100 homes to individuals and families in need. But our work doesn't stop here. We have many more exciting initiatives planned to continue building and supporting affordable housing options.
How You Can Help!
Your support is crucial to our success. If you are passionate about affordable housing and want to make a difference, I invite you to join us. Your contributions can have a profound impact on our community.
Please visit our page to learn more about our initiatives and how you can get involved. Your donation, no matter the size, can help transform lives and build a brighter future for many.

https://entrepreneursofoptions.ca/michelle-bennett/

Thank
you for your generosity and support 🙏.

Together, we can make a significant difference in the lives of those who need it most.

Read

Understanding The Sales-to-Active-Listings Ratio.

The sales-to-active-listings ratio percentage is calculated by dividing the number of homes sold in a particular period by the number of active listings on the market at the end of that period and then multiplying the result by 100 to express it as a percentage. Mathematically, it is represented as:

Sales-to-Active-Listings Ratio Percentage=(Number of Homes SoldNumber of Active Listings)×100Sales-to-Active-Listings Ratio Percentage=(Number of Active ListingsNumber of Homes Sold​)×100

Interpretation:

  • A ratio percentage greater than 100% indicates that there were more homes sold than there were active listings on the market during the period, suggesting high demand relative to supply. This typically signifies a seller's market, where competition among buyers is fierce, and sellers may have the advantage in negotiations.

  • A ratio percentage less than 100% indicates that there were fewer homes sold than there were active listings on the market, indicating lower demand relative to supply. This often signifies a buyer's market, where buyers have more negotiating power and sellers may need to adjust their pricing or marketing strategies to attract buyers.

  • A ratio percentage close to 100% suggests a balanced market, where supply and demand are relatively equal. In this scenario, neither buyers nor sellers have a significant advantage, and pricing and selling times tend to be stable.

Importance: The sales-to-active-listings ratio percentage provides valuable insights into market conditions and trends, helping buyers, sellers, and real estate professionals make informed decisions. For sellers, it helps determine pricing strategies, timing for listing their homes, and expectations for the selling process. For buyers, it provides insights into competition levels, negotiating power, and market trends, aiding in the decision-making process.

Limitations: While the sales-to-active-listings ratio percentage is a useful indicator of market dynamics, it is important to consider other factors that may influence real estate activity, such as interest rates, economic conditions, demographic trends, and seasonal fluctuations. Additionally, variations in property types, neighborhoods, and price ranges can impact the interpretation of the ratio, so it's essential to analyze it in conjunction with other market indicators for a comprehensive understanding of market conditions.

In summary, the sales-to-active-listings ratio percentage is a valuable metric for assessing the balance between supply and demand in the real estate market and can provide valuable insights for buyers, sellers, and industry professionals alike.

Let's Connect! Whether you're buying, selling, or just curious about the real estate market, I'm here to help. Sign up today for valuable insights, tips, and updates on the White Rock South Surrey housing market, and let's embark on this exciting journey together!

Read

OPEN HOUSE SATURDAY MAY 18TH 2-4PM.

🌟 Welcome to the Carrington! 🌟 OPEN HOUSE 🌟

3BED,2BATH 2112SQFT, ROSEMARY HEIGHTS 55+ COMMUNITY.

Discover the charm of country club living in one of South Surrey's most sought-after 55+ gated communities. The Carrington offers a fantastic clubhouse and amenities, including tennis courts, a gym, outdoor pool and hot tub, lounge area with kitchenette, games room, and guest suite.
This meticulously maintained unit is nestled within the complex, offering a quiet retreat with a warm west coast beach feel, light colors, and an inviting atmosphere. The open-concept kitchen with family room, cozy fireplace, and eating area leads out to a lovely backyard, perfect for relaxing or entertaining.
Upstairs, you'll find a spacious master bedroom with a large walk-in closet and spa-like ensuite, along with two more generous bedrooms and a full-size laundry room.
The Carrington boasts an exceptionally maintained complex with a proactive Strata, ensuring peace of mind for residents. Plus, its central location means you're just minutes away from Morgan Creek Golf Course, HWY 99, and all amenities.
Don't miss out on the opportunity to call the Carrington home! Contact us today to schedule a viewing and experience the best of 55+ living in South Surrey.

🤝 Whether you're looking to buy or sell, we are here to make it happen.

📞 Reach out today at 604-240-8160!

💻 Explore further on my website:https://whiterockviews.ca/officelistings.html/listing.r2881710-93-15500-rosemary-heights-crescent-surrey-v3z-0k1.101713869

🤝

 Let's Connect!: Whether you're buying, selling, or just curious about the real estate market, I'm here to help. Sign Up for valuable insights, tips, and updates on the White Rock South Surrey housing market, and let's embark on this exciting journey together!

Read

Searching to purchase a pre-sale or new condo in White Rock?

White Rock, our little city by the city is growing up!  Literally, Many new high rise concrete development options are on the horizon.  

Know your options, time frames, deposit structures, amenitites... Are all very important factors to compare.

Altus

Soleil

Landmark

Monaco

To name a few..

If you are looking for a presale or a brand new condo, please reach out as I have a wealth of knowledge and can get pricing floorplans and navigate the process for you!  I am very passionate about where I live and helping people find the real estate investment that works best for them, is what I am privileged in doing.

I look forward to being of assistance. 

Read

Searching to purchase a pre-sale or new condo in White Rock?

White Rock, our little city by the city is growing up!  Literally, Many new high rise concrete development options are on the horizon.  

Know your options, time frames, deposit structures, amenitites... Are all very important factors to compare.

Altus

Soleil

Landmark

Monaco

To name a few..

If you are looking for a presale or a brand new condo, please reach out as I have a wealth of knowledge and can get pricing floorplans and navigate the process for you!  I am very passionate about where I live and helping people find the real estate investment that works best for them, is what I am privileged in doing.

I look forward to being of assistance. 

Read

December 2023 Real Estate Sales South Surrey /White Rock

The latest housing assessment figures in British Columbia show residential property markets softening across the province, but analysts say it may not bode well for affordability in the coming year.

The concerns stem largely from the potential drop in interest rates later this year, which may spur homebuying activity while housing supply remains limited, driving up prices.


Contact me for a customized analysis.  I look forward to hearing from you!

Read
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.