Condo sales are at an all time high in the Fraser Valley and the Lower Mainland, before you set your sights on the condo unit and complex you think are right for you (and likely enter into competition), read this guide to help you find your perfect home. Hire a professional Realtor® to represent […]
Read more "15 INSIDER TIPS TO BUYING A CONDO"
In all the excitement and packing, buying & selling, many people forget to take care of some essential items before they move. Don’t look past these 5 things you need to take care of, or it could cost you $$$.
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The government’s First-Time Home Buyer Incentive (FTHBI) comes into effect today. The program, aimed at making it easier for young people to buy their first home by lowering new buyers’ monthly mortgage payments. According to the program, which was introduced by the Liberals in their 2019 budget, the federal government will absorb five per cent […]
Read more "Here’s what you need to know about the First-time Home Buyer Incentive"
Tens of Thousands of Empty Homes in Canadian Cities There’s an empty house problem in this country—1.34 million empty and temporarily occupied homes to be exact, with 66,000 in Toronto, 64,000 in Montreal and 25,000 in Vancouver. And the main culprits behind these high vacancy numbers are investor speculation and short-term rentals, according to a new […]
Read more "The Latest in Mortgage News: Home Vacancy Rates Skyrocket"
Canada’s housing market is showing signs of coming out of stress-test slumber Canada’s housing market is showing signs of coming out of the slumber it had been in since mortgage stress tests were implemented last year, as sales and prices have started to rise again, the Canadian Real Estate Association says. CREA said Thursday […]
Read more "Home sales rise for 5th month in a row in July, prices up 4% in past year"
#1 Update Outdoor Lighting In summer, winter nights are probably the last thing on your mind. But early summer is the perfect time to plan for those “OMG it’s only 4:30, and it’s already dark ” moments by adding or updating landscape lighting. The most energy-efficient, easy-to-install option is solar lighting, but it won’t perform […]
Read more "Sharp Homeowners Know Summer Is the Best Time to Do These 5 Things"
Anyone looking for more proof a national housing market exists only in mortgage lenders’ vaults and bureaucratic hallways should review the June report from the Canadian Real Estate Association (CREA). Yes, mortgage providers, most operating across the country, must look at their businesses from a national perspective. If one area of the country is doing […]
Read more "Revisions to the stress test would help slower housing markets"
Uptown New Westminster tops real estate analysis for second year in a row Vancouver has long been the hot market for home buyers, but some in the industry suggest looking outside the city for investment potential. An analysis of real estate markets across Greater Vancouver by financial publication MoneySense puts the neighbourhood of Uptown in New Westminster, B.C., at […]
Read more "Where to buy in a cooling housing market? New Westminster is a good bet, report says"
Sales lagging over 2018 but $530K average selling price steady in the face of tough mortgage rules It’s more of the same for the Chilliwack real estate market as prices remain steady while sales slump. There were 273 home sales in the Chilliwack and District Real Estate Board (CADREB) area — Chilliwack, Cultus Lake, Agassiz, […]
Read more "Chilliwack real estate selling prices unchanged year over year"