lynn valley realtor

Will Collections Impact Your Mortgage?

A question that comes up from time to time when discussing mortgage financing is, “If I have collections showing on my credit bureau, will that impact my ability to get a mortgage?” The answer might have a broader implication than what you might think; let’s spend a little time discussing it.

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Best Balsamic Dressing

I know I am not alone in resolving to eat more greens in the new year! And while we should be eating more salads in general, there is no time like after all the holiday sweets and spirits to inspire us to have more veggies! I absolutely love this quick and easy balsamic salad dressing. It takes just minutes to make, keeps well in the fridge and is much healthier than typical store-bought dressings! Also makes a fabulous marinade for poultry or roasted vegetables. Check it out and see if it inspires you to make more salads!

BEST BALSAMIC DRESSING

1 tablespoon grainy dijon mustard

2 tablespoons honey

1/2 tsp salt

1/2 tsp ground black pepper

1 garlic cloves, minced

1/4 cup balsamic vinegar

3/4 cup extra virgin olive oil

  1. In a small bowl or measuring cup, mix all ingredient well, except olive oil
  2. Gradually add oil while whisking with small whisk or fork
  3. Pour into a glass jar and keep refrigerated
  4. Shake bottle before use

Makes approximately 1 cup of dressing. If dressing solidifies a little in the fridge, leave at room temperature for a bit before use, or run the bottle under warm water

Enjoy!

 

 

SEPTEMBER MARKET UPDATE

Metro Vancouver housing market sees summer uptick in sales.

Home buyer activity increased to more typical levels in Metro Vancouver* throughout the summer months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from the 2,557 homes sold in July 2019.

Last month’s sales were 9.2 per cent below the 10-year August sales average.

“Home sales returned to more historically normal levels in July and August compared to what we saw in the first six months of the year,” said REBGV President Ashley Smith.

For all property types, the sales-to-active listings ratio for August 2019 is 16.7 per cent. By property type, the ratio is 12 per cent for detached homes, 18.4 per cent for townhomes, and 21.2 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“With more demand from home buyers, the supply of homes listed for sale isn’t accumulating like earlier in the year. These changes are creating more balanced market conditions,” Smith said.

For the full article, click here

~by REBGV September 4, 2019