” 40 - Friday, July'7, 1995 - North Shore News interest rates make jay sales stronger ' RESIDENTIAL PROP- ‘ERTY sales in B.C. for ‘the month of © May ~-showed an’ improvement over April, reports British _.Columbia. Real Estate “ Association (BCREA). Sales of 4.911 residential. properties were made in May. which jis the highest: number -of monthly” sales since . January.. BCREA president Rosemary Barnes “attributes the increase in sales to three factors; spring has traditional-. vy seen an increase in residen- “tial sales, thé interest rates nomic outlook for B.C. remiains positive. “There is also a healthy - number of listings throughout B.C.2° says Barnes, “and this imukes for a competitive mar- ket. A well-priced property will move very quickly. There has been some downward movement. in. . prices in response to the market supply. But buyers should not expect fire-sale prices. Likewise, the market will no longer support sellers who are expecting a sizable return on the proper- ties they bought in the last two or three years. “When ‘shopping in_ this a good time to have a pre- arranged mortgage, especially if you are a first-time buyer. Talking to prospective buyers, mutiny of then say that. they are waiting for the interest rates to come down before they make any. commitnents. Ay advice is to have the pre- arranged mortgage ‘in hand. because if the house the buyer wants is market priced, it may go to a pre-approved buyer before the potential buyer can arrange financing. A pre-: approved mortgage is not a commitment to purchase. What: it gives the, potential buyer is a guaranteed rate of 738-8878, Per omsane WELCOME =TO 758 EAST 6TH $308,000 This charming, well kept 3. bedroom character. home. in quiet Queensbury features a beautiful view of the inlet, huge living room, § wine cellar and a new roof. } The large corner lot boasts an enclosed patio/sunroom: ff: and a greenhouse perfect for a new family. ‘: have been stable, and the eco- market," Barnes advises. “itis interest for a specified time.” 3360 GARIBALDI DRIVE “NORTH VANCOUVER $355, 000 , This absolutely deli ghttul family: home has three bedrooms, “twobath and a large recreation, “room in tevel basement. Total 2112 sq. ft. Immaculate condition- . like new. Good tacation, quiet area and close to all amenities. GILBERT KANG "REMAX CENTRAL 499-2411. xD = Canyon Heights * A park-like setting * Quiet lot (66 x 120eff) * Private landscaped backyard * 3 bedroom + rec room, 3 split level ' * Living roam with high ceiling * Bedrooms with hardwood floors * Prime upper Delbrook with view * Large corner lot (80 x 115eff) ; * Marbled entrance & bathroom floor. a * 3 bedroom & den, 2 level ¢ Ceramic tiled solarium * Outdoor swimming pool.16 x 31; 529 VIENNA CRESCENT, NORTH VAN. GILBERT KANG _ 433-2411 Life at Deer Ridge is isa sure sign of success. With spacious townhomes. Stunning apartment residences. Spec- tacular views. And the specialty shops’ and services: of West Vancouver just 943 CLEMENTS AVE N. VAN a short drive away: Little wonder our initial phases sold so well. Your opportunity to become part _of the Deer Ridge success story lies within our final phase. ; The Deer Ridge Presentation Centre Construction is well underway. And occupancy is just around the. corner. To icarn more about Deer Ridge, | call Cheryle Mosier tr today. «2225 Folkestone Way, West Vancouver, be low The Salmon House On The Hill: “Phone 922-7373 rownhame & Apa tment Re fidence es Dereloped and arkered by i rer Ridge Prd eed Maied, a joint, renture of tiurrand International and tnteriatiomal faud Carparation ld. onertesy in. Agents.