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Please note the change for this upcoming openhouse.

We are proud to announce that this Sunday, February 15, 2009, 1:00 PM to 3:00 PM we will be hosting an Open House at 11169 Wallace Drive in Bolivar Hieghts, Surrey. This is an opportunity to visit this excellent House for sale in beautiful Bolivar Hieghts.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Bolivar Hieghts House for sale.

As always please do not hesitate to give me a call at 604.595.2896 if I can answer any questions before the open house, or if you would like to book a private showing.

Scott & Marcella Williams
Money Saver Realty

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We are proud to announce that this Sunday, February 15, 2009, 2:00 PM to 4:00 PM we will be hosting an Open House at 13325 70B Avenue in West Newton, Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful West Newton.

Please come with any questions you may have. In the meantime you can take a virtual tour of this West Newton Townhouse for sale.

As always please do not hesitate to give me a call at 604.595.2896 if I can answer any questions before the open house, or if you would like to book a private showing.

Scott & Marcella Williams
Money Saver Realty

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News Release: February 3, 2009

January housing sales volume slows to historic levels in Fraser Valley         

(Surrey, BC) – A total of 389 sales were processed through Fraser Valley’s MLS® in January, a decrease of 59 per cent compared to 956 sales in January 2008 and comparable to January sales figures last seen in the early 1980s, according to statistics from Fraser Valley Real Estate Board’s Multiple Listing Service®. 

However, for the fourth month in a row, the Board received fewer new listings.  REALTORS® added 2,003 new listings in January 2009, 30 per cent less compared to the same month last year. This decreased the number of properties available in the Fraser Valley to 8,630, 26 percent higher than January 2008, but 30 percent fewer than the Board’s record high number of active listings in September 2008.

“Those who don’t have to buy right now aren’t and they’re creating tremendous opportunity for those who are house-hunting,” says Kelvin Neufeld, president of the Board. “The ability right now for Fraser Valley REALTORS® to negotiate for their buyers is the strongest it’s been in over a decade.”

Neufeld says if the current imbalance between supply and demand continues to change with the trend moving toward a decrease in homes on the market, buyers will only have this window of opportunity for so long.

“When selection decreases, pricing becomes more competitive,” he says.

Residential benchmark prices, the value of a ‘typical’ Fraser Valley detached home as determined by the MLSLink® Housing Price Index (HPI)*, decreased 9.6 per cent compared to January 2008, the eighth consecutive monthly decline. The benchmark price was $452,145 in January 2009 compared to $500,070 last year. 

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We are proud to announce that this Sunday, February 8, 2009, 2:00 PM to 4:00 PM we will be hosting an Open House at 11169 Wallace Drive in Bolivar Hieghts, Surrey. This is an opportunity to visit this excellent House for sale in beautiful Bolivar Hieghts.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Bolivar Hieghts House for sale.

As always please do not hesitate to give me a call at 604.595.2896 if I can answer any questions before the open house, or if you would like to book a private showing.

Scott & Marcella Williams
Money Saver Realty

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I just finished uploading this Condo for sale, 1604 13880 101 Ave, North Surrey, British Columbia

HUGE 1315 SF.Better than new, comp retrofitted with rain screen and METAL panel ext with warranty till 2017! Also boasts new energy efficient ARGON windows, balc railings,common areas freshly painted in designer colors, new carpeting, digital intercom and remodeled lobby area. Unit is a sub penthouse and offers panoramic 180 DEGREE view from Golden Ears to Gulf Islands. Spacious layout with wide open kit/dinrm and livrm, huge mbdrm, 2 full baths and den. 2 prk in secure underground. Maint incl heat, hot water, gas and full rec facilities with indoor pool/hottub/pool tble and cls to T&T market. Priced 70K below assessment and below last sale. Easy to show, try your offer today.

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By Greg Quinn

Jan. 22 (Bloomberg) -- The Bank of Canada said the economy will recover from a recession this year more quickly than in the past as credit markets and exports rebound, a view that economists said may be too optimistic.

The central bank slashed its economic growth forecast for the first quarter, saying output will shrink at a 4.8 percent annualized pace after predicting in October that it would be unchanged. Gross domestic product will shrink at a 1 percent rate in the second quarter before growing 3.8 percent next year, almost double the median pace in a Bloomberg survey of economists.

“The projected return to balance of the Canadian economy is faster than either of the recoveries following the 1981-82 and 1990-92 recessions,” the Ottawa-based central bank said today in an update to its October Monetary Policy Report. “Canadian credit conditions remain better than those in other major countries” and “exports are also expected to recover next year,” the bank said.  Read More

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