27 May

Another Happy Client!

General

Posted by: Kimberly Walker

Olza T. I highly recommend The Walker Real Estate Team. My first experience at selling a home I loved for almost 20 years was made easier with Cindy’s support and positive attitude. She never allowed me to get discouraged. Thank you for doing such a great job Cindy. I called her a spitfire!

Read More
5 Jun

Housing Market Picks Up Buyers/Sellers Adapt to Environment in South Surrey/White Rock

General

Posted by: Kimberly Walker

Real estate is an essential service and it is one of the most important economic drivers in BC’s economy. Physical distancing, virtual tools and strict personal safety protocols, yet we’re seeing more and more transactions happening daily. It’s important for buyers to note that prices overall remain stable. We are not seeing a lot of downward pressure,  because for many areas there is a shortage of inventory. We are even seeing multiple offer situations where buyers are paying asking price. When supply and […]

Read More
11 May

Residential Market Commentary – Pandemic Predictions

General

Posted by: Kimberly Walker

Longer term outlooks for the housing market are mixed, depending on which indicators are being considered. The gloomiest projections are coming from Canada Mortgage and Housing Corporation.  The agency expects it will be, at least, the end 2022 – nearly three years from now – before housing prices recover to pre-recession levels.  CMHC head Evan […]

Read More
28 Apr

Residential Market Commentary – Crumbling Confidence

General

Posted by: Kimberly Walker

Mortgage Rate Update *2 year fixed @ 2.99% *3 year fixed @ 2.94% *4 year fixed @ 2.94% *5 year fixed @ 2.59% Receive cash bonus up to $2500 with your mortgage. *Variable Rate Mortgage @ prime – .20% prime rate is 2.45% *OAC, subject to certain conditions, rates may change without notice, call for a quote […]

Read More
31 Mar

Deferred Mortgage Payment Program

General

Posted by: Kimberly Walker

1. Deferred mortgage payments are discretionary. Lenders maintain the legal right to timely repayment of their mortgages and mortgage payment deferral programs are offered at their sole discretion and each lender has different policies on how they handle these requests. Note: These programs are generally restricted to ‘Institutional” lenders only. Private mortgages do not qualify. […]

Read More
26 Feb

Proposed Mortgage Stress Test

General

Posted by: Kimberly Walker

Currently home buyers must qualify at the 5 -Year Fixed bank benchmark rate at roughly: 5.19% Proposed rate would lower to roughly 4.80% Along with proposed lower interest rates, this will provide more opportunity for buyers to qualify for higher mortgages   Brought to you by:   Dave, Cindy, Amanda and Kimberly Walker 23 Year […]

Read More