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Olena Osipov REALTOR® - Maple Ridge Real Estate

New Home Development-Maple Ridge-Highland Vistas

Highland Vistas Maple Ridge

I just visited the showhomes at Highland Vistas by Epic Homes past weekend. They are located just off the 240th St on the intersection of 248th St and 106th B Ave in Maple Ridge, BC with easy access to highway, variety of schools and parks. The area is very quiet yet you do not feel like you're in the middle of nowhere.

New Homes Maple Ridge Map

Highland Vistas Maple RidgeHighland Vistas Maple Ridge

Above are the pictures of the site. There a couple of homes that are already built and occupied. Some of them are in the process of being built. It takes approximately about 5 months to get your home ready.

Homes offer a choice of 3 or 4 bedroom plan, fair size backyard, double attached garages, cul-de-sac locations, nice finishings, basement.

Prices start at $399,000 and the home below-Castlebrook-is the one that's being sold for that price. The price doesn't include finished basement. Also remember there is GST added on new development unless specified otherwise by the builder.

More information is available at Highland Vistas page.

And remember, Builder's agent works for the BUILDER, your REALTOR® works for YOU.

Maple Ridge Real Estate Blog

New development in Maple Ridge

With softening real estate market and more affordability many people are thinking about moving up, in other words upgrading. It emand buying a bigger home and more likely a newer home. From my own experience working with buyers I've noticed a lot of interest in new development.

Maple Ridge offers a wide choice of newly constructed homes. A lot of them are located East of 240th St in Albion and Thornhill area. The fussiest buyer can be satisfied with the choice the builders offer nowadays.

Being a licensed REALTOR in BC, I sell resale homes as well as new construction. When thinking about buying a newly constructed home you benefit from having your own representative for many reasons. But one main and simple reason is:

Builder's agent works for BUILDER, your REALTOR works for YOU.

Check my blog soon for new development updates and releases.

Maple Ridge Real Estate Blog

How is the market?

Sounds familiar?:) It does for me:)

It definitely has picked up. Recently I have reported that sales in February have doubled since January. Being 9 days into March I can definitely say that sales have increased even more. No matter what people have to move. It's a spring thing as well-spring is in teh air. Not so much though after this snowy weekend. But still I shouldn't complain-it's -30C in Calgary. Brrrr...Can you imagine?!

During my open houses this weekend I had 10 groups of people through each time. One of the homes was supposed to receive an offer after the Open House.

Now I'm thinking about the security of the home during the open house. I might have to let people in 1 group at a time otherwise it's a chaos:) before I was thinking how to advertise the property so to get people through it:) Funny, isn't it?!:)

This weekend I'm doing Open Houses in a new development area with 5 showhomes being open. I better think of a good strategy before then.

So, how is the market? It's busy!

Maple Ridge Real Estate Blog

Should I refinance?

The prime rate went down last week from 3% to 2.5% again. I can't say that fixed rates have dropped Should I refinance?dramatically after that but we're expecting them to drop. Consequently, many people are doing refinancing of their current mortgage-from higher interest rate to lower interest rate.

Basic rule of thumb(I've heard it from someone very smart:)) in today's market is:

If your mortgage rate is higher than 5.00%...

  • Then you need to take a closer look. Depending on your lender's costs and terms for getting out of the mortgage, you could be in a position to save thousands of dollars simply by moving your mortgage to another lender with a lower rate

If you are in a variable mortgage that closed earlier than November 2008...

  • And your rate is Prime minus anything, you need to stay the course. Variable rates are now set at Prime plus, which is still a good rate considering Prime is now as low as 2.5%.

For all your mortgage needs contact your mortgage specialist. If you don't have one I'll be more than happy to recommend you one!

Maple Ridge Real Estate Blog

Team Fraipont-Welcome to Active Rain!

I would like to welcome Gary Fraipont and his team to Active Rain Community!

Gary is one of the broker owners of RE/MAX ridge-meadows realty. Team Fraipont has many-many years of real estate experience. Gary is one of those REALTORs who is ready to help any time.

I'm happy to see more and more of our RE/MAXers here on Active Rain.

Active Rain a great online community, a place where you can learn, share and advertise.

Google loves Active Rain by ranking the blog posts within hours for the desired keyword.

Wheneever you want to make a blog post you just click on "New Blog Post" button and write your article.

Active Rain (AR) is point-based blog network. The more points you get the higher you rank. It's quite competitive. Just like the industry itself.

Gary, I wish you happy blogging and if you have any questions feel free to ask. It makes me feel good to welcome you to AR:)

Maple Ridge Real Estate Blog