Your Squamish Real Estate Market Update - JUNE 2021

 

MARKET UPDATES WITH SIMON - JUNE 2021


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REAL ESTATE NEWS


 

New mortgage stress test rules take effect. 

Here's what you need to know.


Starting June 1, Canadian homebuyers will face tougher mortgage stress test rules that will decrease the buying power of most borrowers.

The move, announced by the country’s banking regulator in May, was in response to an overheated market that has already started to see signs of cooling.


The pace of home sales seen at the start of the year started to slow in April as the number of homes sold fell by 12.5 per cent compared with the record high set in March, according to the Canadian Real Estate Association (CREA).



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NEW LISTINGS

 
 
  

41155 ROCKRIDGE PL.

SQUAMISH, BC 

Priced at $2,489,000 / 5 beds / 5 baths / 5380 sq. ft.


 
  

66-40200 GOVERNMENT ROAD

SQUAMISH, BC 

Priced at $729,000 / 2 beds / 1.5 baths / 1088 sq. ft.





READ MORE on these properties and my other listings.



SOLD IN MAY!

  

 JUST SOLD! - 29-40632 Government Rd. (Garibaldi Estates)

This immaculate townhome in the beautiful Rivers walk complex was only listed on MLS for 2 days before getting picked up!

CONGRATULATIONS to both buyers and seller on a quick and smooth transaction!  Good luck to our seller on his house hunt now!


 
  

 JUST SOLD! - #18-1500 Judd Road (Brackendale)

The tenants of this Cottonwoods townhome have decided to make it their own!!

We are also very pleased we were able to assist our values clients with another successful sale!

CONGRATULATIONS to both buyer and seller on a smooth transaction! 


 



LOCAL NEWS

In solidarity in Squamish

Muni and the school district show support after the bodies of 215 Indigenous children were discovered in unmarked graves in Kamloops.



At local schools, flags were lowered to half-mast on Monday, May 31st, at the Squamish Nation’s request, according to district 48 spokesperson Jennifer Morris. 


At Howe Sound Secondary, orange ribbons circle the school. 


Principals and site supervisors have also sent out a notice to students and staff asking for everyone to wear orange shirts to work and school until June 9th (215 hours), Morris said. 


Other ways of wearing orange are also available, for example, orange ribbon or strips of an orange t-shirt can be worn on a wrist.

Some schools have used paper to cut out small orange t-shirts to pin onto their students’ clothing.


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COVID 19 INFORMATION & UPDATES

 

Dr. Bonnie Henry comments on when British Columbians may get their second doses of vaccine

"It's shown that if you have a slightly longer interval, you're getting stronger and longer-lasting protection."

 

Wondering how long is too long to wait for a vaccine booster shot? 


You're not alone. 


B.C. has ramped up its vaccination effort tremendously in the past few weeks. Now, over 75 per cent of adults are vaccinated with their first dose, exceeding the target Step 2 minimum threshold of 65 per cent. 


But while the majority of British Columbians have received one dose of the coronavirus vaccine, many of them haven't been contacted about a second dose. 


Provincial Health Officer Dr. Bonnie Henry said that people shouldn't feel anxious about getting their second jab. Instead, she underscored that a longer interval between first and second doses will offer better protection. 

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 MONTHLY REAL ESTATE PARTNER SHOWCASE


As a Realtor, we work with various other professionals that assist us and our clients throughout the home buying and selling process.

As a way of thanking them for their great work and continued support, we want to start showcasing some of the great partners we work with at Simon Hudson Personal Real Estate Corporation.



JUNE PARTNER


Scott Brammer Photography


Scott Brammer Photography is a full service Real Estate Media Company. 


From listing photo and video services, to 3D tours and Floorplans – they provide real value to their clients through sincere relationships and high quality media. 


Scott understands how hard Realtors work to build their brand, and he will always make sure to be a compliment to that fact.

He helps you stand out with beautiful eye-catching images, cinematic videos that create an emotional connection, and virtual tours that engage your audience like nothing else.

List of Services Provided:

  • Photography
  • Videography
  • Drone Aerial Photography
  • 3D Tours
  • Marketing Kits
  • Floor Plans
  • Add-Ons and More


LEARN MORE: Real Estate Media | Photography, Video, and Virtual tours that help put your property in the best light. (brammer.ca)



Scott Brammer – Real Estate Media

Phone: (604) 905 8160
Email: Info@scottbrammer.com

Serving the Vancouver and Sea to Sky Area



A PERSONAL NOTE

Well, I really don't have anything to say about the month of May.  

Things slowed tremendously in real estate, so, I had a little more time to myself.  I did spend a fair bit of time personally looking at the macroeconomic conditions globally - yes that is what I do in my spare time. 


Kids are doing what they were doing before and Chloe is learning to drive.....that's fun.  The really good news about that is that Chloe wants to go to the race track and so we are on the look for a track car....Chloe and I will drive and Liam will turn the wrenches.  Andrea continues to manage the family while re-establishing the wine sales business, not to mention the staging and photo businesses.....tiring.  


Anyway, we will be off to Osoyoos in the beginning weeks of July for our annual summer getaway.  Hopefully summer arrives before then.



Oh...and check out my new website design: Simon Hudson PREC : Macdonald Realty : Home

Search HERE for Squamish Properties


Best Regards,


Simon Hudson

Personal Real Estate Corporation

604.892.8155

simon@simonhudson.ca

simonhudson.ca

Macdonald Realty Squamish

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