There are some amazing new home decor trends that you might want to take a look at. This season, add a splash of nature into your home to make it become more lively. Check out this seasons 5 popular decorating trends to help give you inspiration to style your home.
1. Emerald Green
Nature-inspired hues are very popular in home decor this season. Make your room rich with a beautiful emerald green. For a dramatic look, layer the shades of green. This is a great color to match with different prints and patterns. Emerald green is a mix of warm, moody and energetic. It’s perfect to evoke a feeling of luxury. It’s eye-catching and will be the focus in any room.
2. Brass accessories and accents
A cute trend this winter is to add brass geometric shapes around your home. Brass and gold add warmth to any room. Some people have added a modern minimalist twist to their Christmas decorating and hung some brass vintage bells and gold geometric ornamental shapes to their Christmas tree.
Opt for lavender or lilac instead of millennial pink. These soft colors are being used to make accent that are deeper more of a statement. Purple is a rare occurring color in nature. It’s a signature color that speaks of royalty and the color of youth and femininity.
4. Shades of grey
Nothing surpasses the exotic winter morning grey palette proven to be this year’s “neutral” color of choice. You can easily add different shades of grey to any room of your house. For Christmas decorating ideas, you can pull out some silvered branches, or add a frosty feel to your window pane. Get some smoldering grey bed linen and towels, and include other touches of grey to your interiors.
Knitted accessories are making a bold statement in the design industry. Huge chunky cable-knits are replacing demure weaves. Decorate your home with a thick knit rug, knit pillow, or a knitted basket and stool. The cool thing about it is that if you can knit, this would make a fun DIY project. Layering the knits is also a neat thing to try as well. Put a knit pouf or ottoman on your knit rug. Or hang a knit blanket over the back of a couch. The knit design is making it’s way into the modern design. It’s one way to keep your home cozy and warm all winter long.
You may have heard about the new “stress test” and wondered what it’s all about. To put it simply, the stress test is new mortgage rules being introduced by the federal government. This rule is a new change in the qualifying rate for uninsured or “conventional” mortgages. This test applies to buyers putting a down payment of over 20% of a home’s value and don’t need mortgage insurance.
This means that buyers will have to prove they can continue to afford their mortgage payments if interest rates go up 2% higher than the mortgage rate they negotiated. Buyers need to be able to pass this stress test to qualify for a conventional mortgage. The government will implement the new mortgage rules January 1st 2018.
Want an example?
Say that there’s a family with an annual income of $100,000. Currently, if they made a 20% down payment at a five-year mortgage rate of 3.09% amortized over 25 years, they can afford a home worth $706,692.
Under the new rules, this family will need to qualify at the greater of the benchmark rate (currently 4.89%) or the contract rate +2% (that means 3.09% + 2% stress test = 5.09%). With this in place, they can would only be able to afford a home worth $559,896. This is a difference of $146,796.
Did this explanation help?
Let us know if you have any questions about the stress test. We want to make sure you feel comfortable and that you fully understand how this new mortgage rule works. Contact us at 604-936-1111 or email at email@example.com if you want any clarification or help understanding how this test could affect you.
This may be a good time for you to learn more about the real estate housing market. While more people are steering towards attached homes, you might be able to sneak into the detached housing market.
General info about the market
When Buyers have less choice due to a lack of supply in homes currently listed for sale they are typically competing with many Buyers which creates fierce demand for homes. As a result Properties in the market will sell fast and the market value will be pushed up resulting in a Sellers market. Alternatively a market with Above average Supply will give Buyers choice and lends buyers an opportunity to negotiate and develop a Buyers Market.
Attached Housing Market
There was a steady increase in demand in November for real estate in Metro Vancouver. This is very true for the attached homes market. Condos are especially hot at the moment with townhouses almost as popular. It seems like people in Metro Vancouver are racing to get into this market.
Detached Housing Market
The detached homes market has been quite steady recently. Prices are becoming more affordable and supply is currently higher than demand. So if you are able to afford it, you should consider taking advantage of this opportunity.
In November 2017, the region totalled 2,795 residential home sales. This is a 26.2 per cent increase from November 2016, which totalled 2,214 home sales. Last month’s sales were 17 per cent above the 10-year November sales average.
Jill Oudil, president of REBGV, stated that while there are more listings entering today’s market than last year, the home listing inventory has a long way to go before it rises to more typical levels.
Sales-to-active listings ratio
The sales-to-active listings ratio for November 2017 reached 32 per cent. This is three per cent higher since September 2017.
By property type, the ratio is:
- 15.9 per cent for detached homes (+1 per cent since sept 2017)
- 36.4 per cent for townhomes (-6 per cent since Sept 2017)
- 67.8 per cent for condominiums (+7 per cent since Sept 2017)
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period. While home prices often experience upward pressure when it surpasses 20 percent over several months. – REBGV
What does this mean for Vancouver real estate?
If you own a townhouse or condo with equity, that may be enough for you to make the jump into the detached housing market. The detached market may present a better opportunity as buyers will be able to negotiate with sellers without too much competition.
Talk to one of our agents to learn about how you might be able to take advantage of the market. Call us at 604-936-1111 or email us at firstname.lastname@example.org.
Also, check out our active listings for detached homes we currently have available.
From the first step into the myriad of lights decorating the path around Lafarge Lake, you will instantly feel as if you walked into Christmas town. The lights at Lafarge Lake are an annual display set up around the holiday season. Seeing the amazing light display can easily turn into an annual tradition for you and your family.
As the largest light display in the Lower Mainland, it features hundreds of thousands of bright lights. The twinkling glow helps guide you around the lake. The beautiful lights provide a warm glow in the winter night.
Community made light display
The members of the Coquitlam community made most of the lights using recycled materials. Can you believe that they used pop bottles and milk jugs? If you’re interested in taking part in the making of the lights, community members can drop in at light-making workshops hosted by Coquitlam’s Park Spark team.
In need of refreshments?
The city set up a concession stand this year to keep you fueled and energized on your walk. Make sure you get a snack or a hot beverage so you can stay warm on your cozy walk in the chilly outdoors. You can easily find the concession stand located near Town Centre Park Plaza. It will open from Wednesdays to Sundays, 4:30 to 9 PM.
How do you get there?
If you’re driving, there’s plenty of parking space available in Lot D off of Trevor Wingrove Way. And if you take transit, it’s only a short walk away from the Lafarge Lake-Douglas SkyTrain station.
When to see the lights?
The light display will be up all the way until January 21, 2018. So you have plenty of time to a look at this gorgeous display. If you see anyone from Team Leo along the path when you visit, be sure to say hi and take a selfie with them.
Many people and other realtors will tell you that you shouldn’t sell during the holidays. It’s a busy season, there’s a lot to plan for. With Christmas on the way, no one has time for it. And while it may be true that there’s a lot going on, we say DO IT!
You yourself might also be busy with preparing for Santa’s arrival or other holiday traditions. But trust US, this is the perfect time to sell your home and here’s a list of reasons why.
1. Less competition
A lot of people will take their houses off the market in December, or will choose to delay putting their house up for sale till the new year. They do this for 2 reasons. Homeowners find themselves too busy with the holiday season and they also think buyers will be too busy to be looking at homes. However, there will always be buyers needing to purchase a home and you can be guaranteed there will be buyers out there around Christmas and they will be serious buyers who have to purchase. Buyers want a home and what better Christmas present is there than getting a home of your own. With less homes on the market during Christmas, it means that your home could be ripe for the picking.
2. Serious buyers
Buyers at Christmas time are serious. It’s a testament to how serious they are if they haven’t put their home search on hold for the holidays. You will find people who are genuinely interested in your home. A lot of buyers during this time need to move. Whether they have already sold their home or have to relocate by the end of the year. Usually they are looking to find a place ASAP.
3. Serious agents
Our agents will help you sell your home even throughout the holidays. Many real estate agents take time off to visit with family during the holidays, but we put clients and the community first. If you want to sell during the holidays, we can help set up the best strategy for you. We can even help with Christmas decorating* for seasonal home staging to make your house feel festive and homey. We’ll hang just the right amount of garland and set up the perfect tree that’ll have visitors feel Christmas magic from your home. Get in touch with us if you or someone you know plans on buying or selling a home. Call us at 604-936-1111 or email at email@example.com.
Santa and His Super Hero is a book born from late night stories and a respect for our local heroes.
Before going to sleep at night, a young Nathan would sit on his bed with his father, Keven McTaggart and come up with stories of Santa and Christmas. Being an inquisitive young man, Nathan began to wonder what would happen if Santa got stuck in a chimney. Together, father and son came up with different scenarios to add to their short stories. Firefighters played a major role as they would rescue Santa in the stories.
Creation of the book
Nathan and Keven eventually decided to put their stories together in the form of a book. They were finally contacted by a self-publishing organization that helped them get closer to their goal.
Nathan was so excited to share his book with his friends that he brought it to his 2015/2016 class at Harbour View Elementary School. There, his teacher, Mrs. Shinkewski thought that it would be a neat idea to let her students draw the illustrations.
The BC Burn FundThere is never a wrong time to teach children about charity. When Santa and His Super Hero was published, Keven thought that it provided a good opportunity to share this lesson with Nathan. To them, it only seemed right that since the book was about firefighters, they would support a cause in relation to them. The net proceeds from the sales of Santa and His Super Hero are given in support of the BC Professional Firefighters’ Burn Fund.
The Burn Fund has partnered with the Vancouver Park Board for the past 20 years to present the magic and illumination of Bright Nights in Stanley Park. On November 29th, Keven and Nathan will be giving this year’s donation to the BC Burn Fund at their VIP event of Bright Nights in Stanley Park.
Buy a copy of their book in support of this great cause and to pick up some great reading material. The book is an entertaining read that you will definitely enjoy. And with Christmas coming up, you could also purchase a few extra copies to give to your loved ones.
Also visit the BC Burn Fund website to find out other ways you can help.
Where to get your copy?
Santa and His Super Hero is a great Christmas book for all children. It’s even equipped with a special page in the back where children can write their Christmas wishes. This page can be cut out and sent as a letter to Santa.
Get in touch with Team Leo to learn more about this book at (604) 936-1111 or at firstname.lastname@example.org.
We hope everyone has a happy and safe Christmas!
Home staging is very important when it comes to trying to sell a house. An empty house might appear cold, lonely and barren. But adding a little something to fill it up could give just enough warmth to the space.
When you move, you take your things with you and that sometimes leaves your house empty and barren. This is not the kind of environment you want when you host home showings. You want people to see a vibrant and cozy home where they can feel comfortable and can picture themselves living in the space.
When a room is empty, it’s hard to imagine what it would look like when it’s filled. Even just the basic of furniture can add vibrancy to a room. Just adding a little bit of wall art makes a huge difference. The other day, Team Leo worked together to get furniture into Willingdon Avenue. Come see the home yourself to see how this condo was given a cozy vibe.
Going the distance
We will always go the extra mile, squeeze furniture through all doorways, and crawl through any corridor in order to make sure your home looks its best. We will do anything to make sure your home feels like a home. Get in touch with us to learn how we can add more value to your home at (604) 936-1111 or email at email@example.com.
Earlier this month, Homeday released a study to discover the most family friendly city around the world. The cities were selected based on the desire to raise families. We are proud to say that Vancouver was ranked number 6 in the study.
Homeday conducted the study by asking hundreds of parents what they considered most important for raising a family. Five main categories were determined throughout the study: City, Maternity and Health, Happiness, Travel and Activities, and Expert Perception. While parents considered affordability and pollution, their biggest considerations are good schools and the ability to buy a home. Thousands of cities were analyzed and a list of the 100 top cities came up. For these 100 cities, they were ordered based on parent and professional polls.
Each city received a mark out of 10 for each category. While Vancouver scored under six points for housing, it received over eight for education, happiness, safety, pollution, child activities and transportation. Also, out of all the Canadian cities, Vancouver scored the highest.
Steffen Wicker, the managing director at Homeday, stated that the most important factor for young families when looking for real estate is a location that is good for family development.
Family Friendly City Rankings
It’s that time of year again. The weather’s wet, the temperature’s dropped and our giving spirit is in full swing. Once again, Team Leo is working with the Realtors Care Blanket Drive to make sure everyone stays warm this winter.
There are too many people out there cold, hungry and in need of a little bit of comfort. Over the last 23 years, the Blanket Drive has helped more than 300,000 people in our communities.
This success is thanks to YOU!
Your donations have provided those in need with warmth and support. And we could use your support again this year.
How we help
We collect donations of winter gear to give to the homeless, working poor and anyone else who is in need during the cold season. We then take the donations directly to those in need to make sure all those in need has something to keep them warm.
Our mission is the same every year, to spread hope and warmth to everyone.
How you can help
Come stop by our Team Leo office during office hours to drop off your donations. We will welcome you and your donations with a happy smile and maybe even a cup of coffee.
Our office is open from:
Monday to Friday 9:00 am to 4:00 pm
Saturday and Sunday 11:00 am to 2:00 pm
Items to look for in your closet
The following items are appreciated for any age:
- gently used or new blankets or sleeping bags
- warm clothing and coats
- hats, gloves and scarves
- new socks and underwear
- plastic ponchos and bivy sacks
Your generosity could help keep someone warm this year.
Keeping others warm
Everyone has clothes in their closet that they’ll never look at again. One man’s junk is another man’s gold. Let someone else make use of what you don’t.
We make sure the items you donate goes directly to those in need.
If you have any questions about the donation or if you’d like to talk to one of us directly to know more about how you can help, call (604) 936-1111 or email firstname.lastname@example.org.
Who doesn’t like playing games? And if you love games as much as you do, then you’ll definitely want to join Team Leo’s fun. If you don’t know what we’re talking about, go to the Team Leo Facebook page and see the post about our Smart Car game.
What’s the Smart Car game?
We love our neighborhood and we want to share all of our favorite locations with you. So for the next few weeks, Team Leo will be driving the team smart car to different locations throughout the Tri-Cities area. The car will be left at a location until it is found by you!
The first person to find the car wins a prize. We want to give everyone a chance, so to make it fair, you can only win once. That means that there will be a new winner for every new location.
Make sure to follow the Team Leo Facebook page so you can keep track of the car for a better chance to win the free giveaway!
How to find the car?
The smart car will always be parked within the Tri-Cities. The first person to find the car at the new location is the winner. If you have trouble finding the car and the car goes undetected for a few days, then we will give a few little ‘hints’ to help you locate it. Pay very close attention to any comments or photos anyone from Team Leo posts about it.
Are there rules?
Like any game, this one has rules too. But no need to worry, they’re very simple. Find the car, take a selfie with the car and post the selfie to Facebook. Don’t forget to like the Team Leo Facebook page and tag Team Leo in your selfie post.
What’s the prize?
Good question! We have some gift cards that we want to share with you.