Angela Parrotta - Parrotta Real Estate Group

⭐️ NEW LISTING #212 590 Whiting Way, Coq!! ⭐️
ATTN FIRST TIME BUYERS & INVESTORS, welcome to Balmoral Terrace!! PRIME location with excellent future potential and HIGH density zoning. This well maintained, renovated, spacious, one bedroom unit features 678sq ft of well laid out space, updated flooring, white modern kitchen cabinets, brand new D/W, updated bathroom, opened up kitchen and a bright living area with patio. Excellent location that is walking distance to Lougheed SKYTRAIN, Shopping, Restaurants, Entertainment and schools. This unit has 1 parking and 1 storage locker for added value & convenience. Don’t let this move in ready opportunity pass you by, call today for your private showing!!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Nestled on a dead-end street in a quiet & safe neighborhood, this perfect family home has everything you need! Inside, a conventional floor plan boasts spacious room sizes, including a cozy living room & full dining area perfect for family meals. Practical kitchen is a chef’s delight, w/ SS appliances, solid cabinets, + ample counter space, overlooking a huge yard where kids can play! Well maintained w/ fresh paint + newer flooring. Enjoy sun-soaked summer evenings on the south-facing XL balcony, or retreat to the covered patio oasis below, adorned w/ mature vines. BONUS: in-law suite offers flexible living options for extended family or guests! Central location close to Westgate/Meadowtown shopping centres, Golden Ears bridge, golf course, Larry Walker field. Come take a look!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Well folks we have another change to look forward to which we expect may make selling/buying tenanted properties a bit more challenging given the new extended timelines being enacted arrow ⬆️

- As a Buyer: you’ll need to be sure your financing is rock solid post subject removal given you may not be able to take possession until four months after your purchase is firm.

- As a Seller: it’s likely in your best interest to negotiate a mutual end to tenancy earlier than four months with your tenants (which will cost you 🤑) otherwise your listing may be looked over by those who want possession before then.

Questions? Thoghts? Give me a shout anytime!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

My clients often tell me that they feel confident that I’m ALWAYS on their side, advocating and fighting for their best interests. With me as your agent, you can count on a blend of professionalism, friendly chats, open communication, expert and honest advice, and a partnership tailored to you and your unique journey.

What sets me apart from other agents? Let’s talk about what I’ll never do. Swipe to discover the things I avoid and how it makes my approach different. →

Whether you’re buying or selling, you deserve an agent who is trustworthy and honest and prioritizes your goals. Have more questions about what it’s like to work with me or how to start the buying or selling process? Reach out anytime — I would love to help!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

⭐️ NEW LISTING ALERT!! ⭐️ 11450 207A Street Welcomes you to a beautifully maintained rancher w/ spacious loft, ideally situated on the corner lot of a quiet cul-de-sac in the sought after Golf Lane Estates!!
This airy home offers convenient one level living featuring a bright lvg room w/ vaulted ceiling, dining rm, updated kitchen appliances, eating area & cozy family room with gas f/p, PLUS an updated main bath along with your sizeable primary bdrm & ensuite!! The sprawling loft offers add’l living space and full bath, providing flexibility for guests or a private retreat. Step outside to the meticulously maintained garden & fenced yard where you can unwind under the charming pergola. Minutes away from shopping, restaurants, WC Express and steps to Maple Ridge golf course!! Don’t miss out on this gem, call for your private showing or come see me this wknd!

Open House - July 6 & 7 1-3pm

🛏️ 2 Bedroom
🛁 3 Bathroom
📐 1,744 sq feet
🏠 1988
Offered at $1,189,000

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

⭐️ Month to Month Sales Data - May 2024 ⭐️

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,733 in May 2024, a 19.9 per cent decrease from the 3,411 sales recorded in May 2023. Last month’s sales total was also down 19.6 per cent from the 10-year seasonal average for May (3,398).

“The surprise in the May data is that sales have come in softer than what we’d typically expect to see at this point in the year, while the number of newly listed homes for sale is carrying some of the momentum seen in the April data,” Andrew Lis, GVR’s director of economics and data analytics said. “It’s a natural inclination to chalk these trends up to one factor or another, but what we’re seeing is a culmination of factors influencing buyer and seller decisions in the market right now. It’s everything from higher borrowing costs, to worries about the economy, to policy interventions imposed by various levels of government.”

“With market trends now tilting back toward more balanced conditions, as the number of new listings outpaces the number of sales, we should expect to see slower price growth over the coming months,” Lis said. “Up until recently, prices were climbing modestly across all market segments. But with rising inventory levels and softening demand, buyers who’ve been waiting for an opportunity might have more luck this summer, even if borrowing costs remain elevated.”

Contact me directly for further information on your market of interest anytime!!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Secure one of hue final 2 bedroom homes starting from $802,900 with a 5% deposit. Move in Winter 2025.

Construction is taking shape at hue. Level 6 for the West Building and level 2 for the East Building are
currently undergoing framing. We look forward to completing the framing of both buildings in the summer and commencing roofing
and window installation in the fall.

Reach out for further information in hue or other Tri-City developments anytime!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Welcome to this stunning, meticulously maintained & updated townhome in Nordel’s serene Sunstone Community developed by Polygon. This magazine-worthy townhome features 4 bedrooms, 4 bathrooms, double garage (+room for 2 more) and a spacious, modern floor plan with room for the entire family and to work from home. Stunning designer updates include flooring, paint, custom tiling, millwork and cabinetry. Unwind on your quiet, private patio or enjoy the greenspace right outside your doorstep. Amazing 12000 sq.ft clubhouse with all the amenities you’d ever need. Proactive strata & a great neighborhood located near parks, schools and commuting access. Check out the video for more! Sneak-peak by appt. May 30th 7-8pm, Open House: June 1/2, 2-4pm.



Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

No more deferring those valuable depreciation reports folks!

This amendment will ensure Strata Corps have more recent and up to date information on the condition of their buildings major components, and their projected maintenance schedule, resulting in more educated buyers and sellers alike, assisting in holding Strata Corps accountable for valuable maintenance. ✔️



Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

📉Month to month stats are in!! 📈Thoughts, questions? I have a few and I’m always happy to hear from you to discuss yours!

Interested in your particular market?

Reach out anytime 📲 778-865-5450

GVR: The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring.

“If you’re finding the weather a little chillier than last spring, you may find some comfort in knowing that the market isn’t quite as hot as it was last spring either, particularly if you’re a buyer. Despite the welcome increase in inventory, the overall market balance continues inching deeper into sellers’ market territory, which suggests demand remains strong for well-priced and well-located properties.”

Sales of detached homes in March 2024 reached 694, a 5.4 per cent decrease from the 734 detached sales recorded in March 2023. The benchmark price for a detached home is $2,007,900. This represents a 7.4 per cent increase from March 2023 and a 1.8 per cent increase compared to February 2024.

Sales of apartment homes reached 1,207 in March 2024, a 7.9 per cent decrease compared to the 1,311 sales in March 2023. The benchmark price of an apartment home is $777,500. This represents a 5.7 per cent increase from March 2023 and a 0.9 per cent increase compared to February 2024.

Attached home sales in March 2024 totalled 495, a 6.2 per cent increase compared to the 466 sales in March 2023. The benchmark price of a townhouse is $1,112,800. This represents a 5 per cent increase from March 2023 and a 1.7 per cent increase compared to February 2024.

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

If you live in an income-qualified household and/or have received a recommendation letter from your regional health authority's Home Care Program you may be eligible for a free portable air conditioner (AC).

The portable AC offer is available to:

Households who meet the income qualification of our Energy Conservation Assistance Program or
People who have received a recommendation letter from their regional health authority's Home Care Program. If you've received a recommendation letter you don’t need to include proof of income in your application.

Review the eligibility criteria and apply at BC Hydro below 👇

https://www.bchydro.com/powersmart/residential/rebates-programs/savings-based-on-income/free-air-conditioner.html #

BC Hydro reminds customers to apply for free air conditioners BC Hydro is reminding vulnerable, low-income individuals to take advantage and apply for a free air conditioning unit.

Just Sold, in Multiple Offers, my friends!! Major congrats to my clients securing this spacious, tastefully updated end unit with a lovely outdoor space. Exciting times for the future ahead T&C!!

The townhome market is a popular one given the affordability and appeal to upsizes and downsizers alike.

Interested in Townhome values in your preferred market?

Give me a shout anytime if I can be of help with any of your Real Estate questions.

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Congratulations D & S on this cozy, warm, updated unit close to all amenities and nestled right in the community with friends and family near!! Could not be happier for you two, thank you for your trust working together on this exciting next step!! ♥️🏠

If you’re interested in taking advantage of less competition in the market right now give me a call anytime to discuss!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Your snapshot of Tri-Cities median sale prices from October to November 2023 - lower numbers of sales volume can be tricky to assess the market as a whole so don’t be discouraged. If you’re thinking now may be the time to take advantage of less competition, you’re right.

With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver1 among the largest selection to choose from since 2021.

“We’ve been watching the number of active listings in our market increase over the past few months, which is giving buyers more to choose from than they’ve been used to seeing over the past few years. When paired with the seasonal slowdown in sales we typically see this time of year, this increase in supply is creating balanced conditions across Metro Vancouver’s housing market.” Andrew Lis, REBGV director of economics and data analytics.

“Balanced market conditions typically come with flatter price trends, and that’s what we’ve seen in the market since the summer months. These trends follow a period where prices rose over seven per cent earlier in the year,” Lis said.

“You probably won’t find Cyber Monday discounts, but prices have edged lower by a few per cent since the summer. And with most economists expecting mortgage rates to fall modestly in 2024, market conditions for buyers are arguably the most favorable we’ve seen in some time in our market.”

Questions about these stats?

Interested in your home value in today’s market?

Considering getting out of the rental market and into your first home?

Let’s talk about your plans and goals and set a plan to achieve them!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Welcome to the future of Coquitlam - Town & Centre 🤩 offers stunning design of studio, one, two and three bedroom units central to all amenities. Est completion early 2028.

Contact me for deposit structure, incentives, pricing & floor plan details!!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Food for thought eh?! I know we’ve been accustomed to bottom of the barrel interest rates for some time, but we have to remember the big picture!
Are you waiting for rates to decline before purchasing?
Have you discussed what mortgage products are available with your Mortgage Professional to assess your options and put a plan in motion to meet your goals of home ownership, upsizing, investment?
There are opportunities out there folks, give me a call anytime to chat further!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

A snapshot of your Tri-Cities Month to Month Median Sale Price Adjustments!

An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.

“With properties coming to market at a rate roughly five per cent above the ten-year seasonal average, there seems to be a continuation of the renewed interest on the part of sellers to participate in the market that we’ve been watching this fall,” Andrew Lis, REBGV’s director of economics and data analytics said. “Counterbalancing this increase in supply, however, is the fact sales remain almost 30 per cent below their ten-year seasonal average, which tells us demand is not as strong as we might expect this time of year.”

“With more supply in the form of resale inventory, and weaker demand in the form of slower sales, we’ve seen market conditions overall adjust towards more balanced conditions. It’s noteworthy that the multifamily segment remains more active than the detached segment at this time,” Lis said. “While the highest borrowing costs we’ve seen in over a decade continue to constrain affordability, a silver lining for buyers is that price increases have abated with these more balanced market conditions, meaning purchasing power is holding steady for the moment.”

Questions about these stats?

Interested in your home value in today’s market?

Considering getting out of the rental market and into your first home?

Let’s talk about your plans and goals and set a plan to achieve them!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Pop into our favourite local Haney Appliance and Sound Saturday to check out adding a Traeger to one of your favourite human’s Christmas list!! Even if it’s your own 😉 Truly a gift that keeps on giving 😆

Swing by on Saturday to check out some live Traeger cooking. You'll get to sample some great food, ask all the questions and save some $$$ on great Black Friday Promos on NOW!

Congratulations AL on the purchase of your first home, it was such a pleasure working with you on this exciting venture of home ownership. I know you’ll enjoy your stunning views for years to come!!
Interested in getting out of the rental market and into your first home?
Give me a call 📱778-865-5450 to discuss and set the plan in motion!
Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

Annual Blanket Drive! Do you have ONLY new and gently used blankets, winter jackets, winter weather gear/clothes, new socks (wool preferred), gloves, hats, scarves etc. to donate?
Happy to arrange pick up if so!
📲 778-865-5450

SUTERBROOK LIVING! Come home to luxury in this 2BR + DEN spacious CORNER unit boasting breathtaking CITY & MOUNTAIN views! Featuring floor to ceiling windows flooding the interior with an abundance of natural light. The kitchen is an Entertainers dream & the centerpiece of this floor plan w/ an XL island, quartz counters, elegant fixtures, modern cabinetry & SS appliances. Enjoy morning coffee on your patio while soaking in stunning views. BONUS: locker + EV parking stall! The Grande is fully equipped w/ a guest suite for visitors, gym, kids room, pool and hot tub & kitchen party area for events or simple lounging. Experience the convenience & charm of Suterbrook Village w/ access to café’s, restaurants, shops, groceries, Skytrain & more at your doorstep! Come take a look! O/H Nov 5, 1-3pm

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

“After hiking 10 times since early 2022, central bank hold at 5%, may be ready to stand pat.

The Bank of Canada has decided to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so and a sign it may be moving to the sidelines after raising the cost of borrowing 10 times since last year. The bank taking the cost of borrowing from functionally zero per cent to five per cent in barely more than a year-and-a-half slammed the brakes on spending and borrowing, wrestling the inflation rate from 8.1 per cent in the summer of 2022 to 3.8 per cent last month. From the bank's perspective, inflation seems to be heading in the right direction, but in its statement announcing its decision, the bank makes it clear it doesn't think the inflationary dragon has been fully slayed just yet.”

Want to discuss what we expect to see in the Real Estate market?

Many Buyers & Sellers have been on the sidelines this year. When is the right time for you to jump off the fence?

Let’s discuss📲778-865-5450

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

SUTERBROOK LIVING! Come home to luxury in this 2BR + DEN spacious CORNER unit
boasting breathtaking CITY & MOUNTAIN views! Featuring floor to ceiling windows flooding the interior with an abundance of natural light. The kitchen is an Entertainers dream & the centerpiece of this floor plan w/ an XL island, quartz counters, elegant fixtures, modern cabinetry & SS appliances. Enjoy morning coffee on your patio while soaking in stunning views. BONUS: locker + EV parking stall! The Grande is fully equipped with a guest suite for visitors, gym, kids room, pool and hot tub & kitchen party area for events or simple lounging. Experience the convenience & charm of Suterbrook Village with access to café’s, restaurants, shops, groceries, Skytrain & more at your doorstep!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com

SLEEK CITY LIVING, AT A SUBURBAN PRICE! Perched at the peak of Austin Heights, The Austin by Beedie Group towers above with panoramic views & exquisite finishing. Inside this spacious & bright open concept 2BR unit you’ll find home feels like floor to ceiling windows & designer colors. Elegant Two tone kitchen w/ quartz counters, modern cabinetry w/ lighting, S/S appls, facing the Northern view! Enjoy hot Summer nights on a covered patio w/ access off master. Investor? Bring in $2,500 per month! 1 parking + 1 locker included! FULLY LOADED: Guest suite, gym, yoga room, private outdoor garden space & party/lounge room! PRIME location, short walk to Blue Mtn Park, renowned Vancouver Golf Club, groceries, café’s & stores on Austin strip. Close to Skytrain, HWY #1 & Lougheed Mall!

Patient.
Prepared.
Professional.
______________
Angela Parrotta
(778) 865-5450
[email protected]
www.ParrottaRealEstate.com