Interested in pursuing your Whistler Dreams? Whether you prefer to be nestled into Nature on a private lot in Black Tusk or basking in the mountain views of Rainbow, we know Whistler inside and out. We came here for the expansive mountain views and accessibility to outdoor sports but we stayed because of the small town, community feel.

In our experience Whistler has been a thriving community for those buying for personal use or as an investment. We want to help guide you through the process and help you make an informed decision that makes sense for you financially. With over 25 years working in Whistler Real Estate, we know the Whistler market inside and out. Let us put that breadth of knowledge to work for you.

Sally you are THE best! When I became your client Circa 1993 my crystal ball did not project out 26 years, to today! What a ride it’s been! You are an amazing person, friend and THE best realtor in my books! I am so fortunate to have met you! And, I look forward to many more annual “Sally Calendars” arriving every New Year in my new mailbox!

- Cathy Yohimas (March 2019)

The market is starting to cool off right now and the listing inventory has increased by approximately 25% in the last couple of months. 

In a bid to slow inflation the Bank of Canada has increased interest rates by

WHISTLER

It was a busy September for sales in Whistler although we did not see the record numbers experienced in February and March.   In September we had a total of 74 sales but we would have seen more sales if there was more inventory!   We are currently sitting with a record low for listings and lots of buyers are still looking to get into the market this year.  It was also a busy quarter with a total of 227 sales for July, August and September. 

What changes the Federal Budget might make to housing affordability?

Here are the details:

1) First Time Home Buyer Incentive, as a way to help with housing affordability the government is earmarking $1.25 billion over three years for something it’s calling a "shared equity mortgage"
The details are not confirmed yet, but it will be more like an almost interest-free loan, where the repayment plan doesn’t require any payback until years in the future. In order to qualify, an applicant must have a household income of less than $120,000.00 per year and be able to come up with a 5.00% downpayment – the minimum required for an insured mortgage through Canada Mortgage and Housing (CMHC)

If the prospective buyer meets the conditions described above, under the program the CMHC would kick in up to 10.00% of the value of a newly built home, or 5.00% of the value of a resale home.
Precise details of the program won’t come out until later in the fall. Not a program we can start offering yet.

2) The government is also increasing the amount that a first-time buyer can withdraw from an RRSP, without penalty - $35,000.00 up from the current $25,000.00. Ottawa will also amend the RRSP withdrawal rules to help people who have been through family crises.

Starting this year, Canadians who have seen their marriages or common law partnerships break down will be able to participate in the Home Buyer’s Plan, even if they don’t meet the technical requirement of being a first time buyer.

Feel free to email me This email address is being protected from spambots. You need JavaScript enabled to view it. or call to chat about it.

Thanks,

Eileen

Eileen Craig, Independent Mortgage Professional
DLC Sea to Sky Mortgages
106-7015 Nesters Road, Whistler, B.C. V0N 1B7
Direct: 604-698-8583 
Fax: 604-932-4120
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