Jennifer Huseby's Real Estate Blog

More Canadians to buy homes due to low interest rates
More Canadians are considering becoming homeowners as lower interest rates make it even more attractive. With rents higher and mortgage rates lower, almost half of all those surveyed said they were thinking of getting on the property ladder in the next five years. Among the younger demographic that figure was 75 per cent. The Bank of Montreal report shows that 15 per cent of those thinking of buying are doing so as a direct result of the Bank of Canada’s rate cut. The lower oil prices are also playing a part with those in Ontario and Atlantic Canada feeling particularly upbeat about finances thanks to lower gasoline prices. However, for many households the survey shows a focus on cutting existing debts rather than taking on new ones.

Source:http://www.canadianrealestatemagazine.ca/news/daily-market-update-187697.aspx

Open House This Week:

Saturday/31st/12-1:30 : 8-1580 Springhill Dr

Saturday/31st/1:30-3:00 : 279 Gordonhorn Cres.

Sunday/ Feb 1st/1-3 : 2041 Saddleback Dr

RBC cuts mortgage rate, price war coming?
It was always going to happen but while last week the big lenders were reluctant to pass on the Bank of Canada’s interest rate cut to borrowers, this week there’s talk of a price war. Royal Bank of Canada has become the first of the big banks to cut mortgage rates, dropping its 5-year fixed rate deal to 2.84 per cent and also cutting its other fixed products. Flexible rates are unchanged though along with other lending from the bank. Of course these rates are their published deals and brokers frequently secure better ones but a ‘battle of the rates’ creating headlines can only help the perception that now is a great time to buy. How low those rates go is anybody’s guess but there are already predictions of sub-2 per cent mortgages.

Source:http://www.canadianrealestatemagazine.ca/news/daily-market-update-187519.aspx

4 bedroom/3 bath great, solid family home in a sought-for neighborhood, located just minutes from city center, shopping, all levels of schools and all amenities. Updates include furnace (7yrs), central A/C (3yrs). Upper level has the living room with a cozy wood burning fireplace to help warm those cool winter eves. There are 3 bedrooms on the main floor including a master suite hosting a 2 piece ensuite and 4 piece main bath. Off the dining room and the kitchen has access to the wrap around deck w/new railing overlooking the valley. Lower level features a very spacious foyer, rec room with huge windows, bringing the outdoors in and making the home bright and cheery. The home is surprisingly spacious thanks to a well planned layout and great use of space. Ample parking with flat wide driveway for RV’s, boats and all your toys! Covered entrance. This home is situated on large corner lot with mature trees. All measurements are approximate and should be verified if important.

3 Bedrm Sahali Home with Ample Parking

Great Family Home with Great Layout (Floor Plan)

Cheery Living Room with Valley View

I am hosting open houses this weekend:

8-1580 Springhill Dr (Sahali) 11:30~12:30 Saturday/24th

104-1325 Aberdeen Dr (Aberdeen) 1:00~3:00 Saturday/24th

2041/43/44 Sddleback Dr (Batchelor Heights) 1:00~3:00 Sunday/25th

Please come and check out these beautiful homes.

Looking for rancher town house with all amenities on entrance level in a prime location? This is it! This conveniently located and well cared for Bona Vista townhouse features 3 bedrooms and 3 full (4pcs) bathrooms, cherry, bright living room with corner gas fireplace and fully-finished daylight walkout basement with 2nd gas fireplace. Enjoy view of north valley from glass railed deck off the spacious living room. Main level has casual eating area in bay window, huge master bdrm with great size walk-in closet&4 pcs ensuite, 2nd bdrm (w/new flooring), 4 pcs main bathroom, and stacked washer/dryer. The basement features huge rec room with hobby room space, wet bar area, 4-pcs bathroom and spacious bedroom. Bright natural light throughout. Recent updates include new laminate flooring in stairs & bsmt, fresh paint throughout, new lighting fixtures/baseboards. Central A/C and Roughed-in Vacuum. Plenty of storage room. Double car garage. Complex has RV parking. Close to shopping and all amenities. Pets allowed. No rentals allowed. All measurements are approximate and should be verified if important. Quick possession possible

3bdrm/3 full bathroom Rancher

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Thanks for your interest in 707 Dunrobin Dr. This home is now sold within one day. We had lots of interest and 4 showings during the 1st two days. 400 potential buyers and agents viewed this home online for the last 7 days. Search the entire database of Kamloops MLS® listings here : http://www.kamloopsrealty.ca/search_map_form1.php

707 Dunrobin Dr
Looking for a home with unobstructed view and privacy? This 3 bdrm+den home has it all! Main level features living room with a cozy, elegant fireplace and a wall of windows bringing the outdoors in, cheery kitchen with newer SS kitchen appliances. French doors lead to a wrap-around north-facing deck overlooking impressive view, Master bedrm with 3pcs ensuite which incl a jetted soaker tub & spacious closet, good-sized bdrm and the main bath with a skylight. Den (can be converted to a 3rd bdrm/ has front-load washer&dryer inside closet) leads to private backyard with a newer cedar deck in patio area. Wired for hottub. Enjoy quiet tranquility, sitting on the deck!

Lower level with separate entrance features 1 bdrm self-contained inlaw suite with separate laundry. The suite has kitchen w/eating area, newer 3pcs bathroom with new exhaust fan, huge bedroom, spacious bright day-light living room both enjoying the gas F/P & great northern view. C/air, C/vac, All amenities are close by. Insulated 2 car garage with plumbing for extra sink, RV parking spot with a new retaining wall, newer HW tank, U/G sprklr system. Notice required before showing re dog. Don’t’ miss this house with impressive view and privacy! All measurements are approximate and to be verified by buyer.

Looking for convenient downtown living? This beautifully updated 2 bedroom main floor corner unit with privacy and view offers simplicity of life style. Updates include the newer kitchen sink with elegant back splash, newer stove, the fully-renovated bathroom, light fixtures, heat thermometers, brand new window A/C, and cork flooring. New paint in hallway. Great-sized master bdrm has walk-in closet and cheater door to bathroom. The building has basement storage space. No rental restrictions. No dog or cat allowed. Huge laundry room in unit comes with stacking washer/dryer. Within walking distance to Sagebrush Theatre, schools and Peterson Creek trails. Quick possession possible. All measurements are approximate and to be verified by Buyer.

I sold 659 St.Paul Street, one of the greatest homes in Kamloops downtown.