WOW, what a scenic setting! Enjoy the mountain and river valley vistas and combine clean country living with an exciting environmental, entrepreneurial opportunity on this beautiful, 30 acre Glen Valley Agricultural Waterfront property. It is virtually one of a kind in the entire lower mainland with a unique, RU-5A multi-use zone. This is a great location for a specialty agri-business, greenhouse, vineyard, equestrian facility or hobby farm. There are several income producing residences and a number of useful sheds & outbuildings plus 2 outstanding building sites for your dream home. This estate is ideally located in a scenic rural area next to a marina on the Fraser River, 5 minutes east of fabulous Fort Langley and 45 minutes from Vancouver. It is also strategically located near a float plane airport, 3 golf courses, the Thunderbird Equestrian Show Park, and just down the road from the Glen Valley Regional Park recreation area and beach. Bring your business ideas, float plane, boat, RV and other toys, horses, livestock, pets & kids…they will all thrive here! May also be purchased with the adjoining 6+ acre waterfront lot with over 900′ of river frontage and a Class ‘B’ Marina.

Virtual Tour:  http://www.homehunters.com/login_tour.php?tour_id=806

Visit me at www.HomeHunters.com

Terry Mitterer

Call Direct:  604-807-0523

Call Toll Free:  1-888-466-4868

Lighthouse Realty

(Surrey, BC)–Fraser Valley’s real estate market moved towards balance in October as inventory continued to decrease and sales and prices remained stable.
A total of 1,014 sales were processed on the Fraser Valley Real Estate Board’s Multiple Listing Service® in October, a decrease of 3%  compared to 1,044 sales in September and a decrease of 40% compared to 1,704 sales in October of last year.

“With help from near record low mortgage rates and a steady decrease in the supply of homes, we’re getting back to what I call a ‘normal’, balanced market.  However, sellers should be aware that demand for homes is strong, yet selective. Buyers in the Fraser Valley recognize that selection, although dropping is still generous and they’re looking for properties priced competitively. Even with carrying costs remaining stable, the affordability threshold is a factor.”

The Board received 2,125 new listings last month, a 12% decrease from September and a 25% decrease compared to October 2009. The Board finished October with 9,561 active listings, 4% fewer than in September and an increase of 9% compared to the 8,807 properties available in October 2009.

“When supply and demand move into balance, prices can become a real ‘sticking point’underlining the importance of hiring a professional REALTOR® who knows your local market and can provide detailed comparisons to ensure your home is priced competitively.”
The benchmark price for Fraser Valley detached homes in October was $505,759, down 0.3% compared to September and 3% higher compared to $491,128 in October 2009.
The benchmark price of Fraser Valley townhouses in October was $319,058, a 0.9% decrease compared to September and a 2.2% increase compared to October 2009 when it was $312,339.
Year-over-year, the benchmark price of apartments increased 0.2% from $240,048 in October 2009 to $240,542 last month 0.4% higher compared to September 2010.