I have just listed an immaculate, clean, fully furnished, and ready to move in townhome in Granite Court complex. It is located only steps from the best of everything Whistler Village has to offer. With high ceilings, loads of natural light and southern outlook make this a very appealing property. A ground level outside entry, plenty of storage space, wood flooring, gas fireplace and large floor plan at 639 sq feet. Bright sunny deck with views of Whistler/Blackcomb Mountain.

Unlimited owner use with rental option and GST is not applicable. You’ll fall in love with this unit and the location. Asking price $439,000. Click here to view photos and listing details for 107-4405 Blackcomb Way.

We saw another busy week for Whistler property sales with 20 sales for the week of February 7 to 14, 2016 in Whistler, BC. Whistler had 8 condo sales between $75,000 and $695,000, 6 townhouse sales between $721,000 and $1,604,000, 1 vacant lot sale at $579,000  2 duplex sales between $564,000 and $1,023,750 and 2 chalet sales between $1,450,000 and $3,025,000.

Contact Whistler Realtor Dave Brown for more detailed information on any of these sales and all of your real estate selling or buying needs direct at 1-800-667-2993 ext 805 or 604-905-2805.

We saw 11 new property listings hit the Whistler real estate market and our active Whistler property listings total is at 240. Click here to view the new listings for the week.

We saw 15 Whistler property sales for the week of January 25 to 31, 2016 in Whistler, BC. Whistler had 9 condo sales between $113,000 and $500,000, 3 townhouse sales between $465,000 and $1,150,000 and 3 chalet sales between $1,715,000 and $1950,000.

Contact Dave Brown for more detailed information on any of these sales and all of your real estate selling or buying needs direct at 1-800-667-2993 ext 805 or 604-905-2805.

We saw 15 new property listings hit the Whistler real estate market and our active Whistler property listings total is at 272. Click here to view the new listings for the week.

We saw 17 Whistler property sales for the week of January 18 to 24, 2016 in Whistler, BC. Whistler had 10 condo sales between $55,000 and $585,000, 4 townhouse sales between $950,000 and $2,100,000 and 3 chalet sales between $1460,000 and $3,200,000.

Contact Dave Brown for more detailed information on any of these sales and all of your real estate selling or buying needs direct at 1-800-667-2993 ext 805 or 604-905-2805.

We saw 14 new property listings hit the Whistler real estate market and our active Whistler property listings total is at 257. Click here to view the new listings for the week.

We saw 13 Whistler property sales for the week of January 11 to 17, 2016 in Whistler, BC. Whistler had 5 condo sales between $209,000 and $575,000, 2 townhouse sales between $740,000 and $2,170,000, 1 vacant lot sale at $643,000, 1 duplex sale at $760,000.

Contact Dave Brown for more detailed information on any of these sales and all of your real estate selling or buying needs direct at 1-800-667-2993 ext 805 or 604-905-2805.

We saw 13 new property listings hit the Whistler real estate market and our active Whistler property listings total is at 243. Click here to view the new listings for the week.

We saw 14 Whistler property sales for the week of January 4 to 10, 2016 in Whistler, BC. Whistler had 6 condo sales between $265,000 and $680,000, 2 townhouse sales between $630,000 and $1,865,000, 4 vacant lot sales between $400,000 and $1,420,000, 2 chalet sales between at $800,000 and $1,295,000.

Contact Dave Brown for more detailed information on any of these sales and all of your real estate selling or buying needs direct at 1-800-667-2993 ext 805 or 604-905-2805.

We saw 16 new property listings hit the Whistler real estate market and our active Whistler property listings total is at 289. Click here to view the new listings for the week.

We saw 9 Whistler property sales for end 2015 and start of 2016.  For the week of December 28, 2015 to Jan 3, 2016 in Whistler, BC. Whistler had 3 condo sales between $172,000 and $380,000, 3 townhouse sales between $310,000 and $520,000, 1 vacant lot sale at $1,025,000 and 3 chalet sales between at $820,000 and $3,950,000.

Contact Dave Brown for more detailed information on any of these sales and all of your real estate selling or buying needs direct at 1-800-667-2993 ext 805 or 604-905-2805.

We saw 8 new property listings hit the Whistler real estate market and our active Whistler property listings total is at 273. Click here to view the new listings for the week.

I just listed for sale 8613 Lauren Woolstencroft Way in Whistler. This modern and energy efficient home was purposefully designed with families and entertaining in mind. Located on a sun drenched plateau, sparkling Baxter Creek runs in the adjacent forest that provides backyard access to an abundance of hiking and biking trails. This property has sweeping views of Whistler and Blackcomb, and sun from dawn to dusk. The open-concept 5 bedroom, 4.5 bath home features an epicurean kitchen, temperature-controlled wine cellar, games and media rooms, expansive outdoor living spaces, large mudroom, 2-car garage and plentiful storage. The neighbourhood also includes a Residents’ Club with saltwater pool, nearby parks, walking trails and amenities. Click here to view listing details and photos. Call Dave to arrange your own private viewing at 604-905-2805.

I always appreciate reading Jason McLean's market musings every week. He gives concise updates on global economic factors and where direction lenders are heading with mortgage rates. With the Bank of Canada holding firm and not lowering its key overnight lending rate, I felt it was a good time to share Jason's update on my blog.

"The Bank of Canada (BoC) kept the overnight lending rate unchanged at yesterday’s rate meeting. The BoC is waiting to see when the federal government’s infrastructure spending will begin and how large it will be as this spending will have a stimulative effect on the economy. The BoC is also wary about additional fuel to the hot real estate markets of Toronto and Vancouver. The low loonie is also boosting the prospects of central Canada’s manufacturing sector and dramatically boosting tourism numbers which will offset economic losses in the oil sector.

The loonie fell dramatically this week, falling to almost $US0.68, as oil prices fell to 12 year lows. The loonie is up to just over $US0.70 this morning due to oil rebounding as global markets continue to rally on every possibility of additional stimulus in major economies. This latest rally was encouraged by the possibility that the European Central Bank will increase stimulus measures. However, oil supplies continue to pile up and the current rally is likely to be short lived. The dollar will likely retreat to the 68 cent level and quite possibly continue to fall to 65 cents unless there is a major shift in the economies of China or Europe.

Canadian bond yields have dropped significantly over the past month but this is not resulting in lower fixed mortgage rates. In a normal economic environment, bond yields are the primary driver of fixed mortgage rate changes. It is important to remember that major banks make almost nothing on mortgages when rates are this low. The banks just want mortgages so they can make money from banking fees, loan insurance and other complimentary products, etc.. Many consumers take the path of least resistance and stay with their primary bank for the sake of convenience when greater savings can sometimes be realized by maintaining products at a couple of financial institutions. This strategy allows the consumer to have some negotiating leverage when loans or investments mature.

Many mono-line lenders still have 5 year fixed terms available at 2.69% and lower. These lenders won’t finance all Whistler properties, but for owner occupied, regular residential properties these rates are attainable. These lenders are often only available through mortgage brokers."

For more information on mortgage options, please contact Jason:

Jason McLean, BSc
This email address is being protected from spambots. You need JavaScript enabled to view it.
The Mortgage Centre: Garibaldi Mortgage
www.garibaldimortgage.com
fax: 604-935-3390 cell: 604-935-9190

After doing the interview with The National that ran on Wednesday night, my phone rang on Thursday morning to do an interview with Global TV on the Whistler Real Estate Market and the impact of the low Canadian dollar. Here's the story that ran on Global BC's 6 PM newscast. It was kind of neat to do another news story and I gave the reporter all the statistics on the number of US Buyers, which he used in the story.