April Market Update
Posted on May 01, 2024
With increasing inventory, and the current interest rates holding steady, we are seeing buyers shop around and explore their options. Most homes are taking a few weeks to sell, but inventory continues to move. If you are thinking about listing this spring or summer, call us today for help on getting your house in tip top shape so it can stand out f...
New Short Term Rental Rules
Posted on Apr 30, 2024
Do you own a property listed on a short term rental site like Airbnb or VRBO? BC's new legislation kicks in on Wednesday! Unless you are in an exempt community, your listing needs to be your principal residence or an ADU/secondary suite on the same property. Find out if your short term rental is exempt here: BC's new rules
If you are thinking about...
November Market Update
Posted on Dec 11, 2023
Overall the market is less intense than we are used to in Greater Vancouver. That being said, the more affordable options for first time buyers and detached properties that work well for co-buys and multi-generational living are snapped up quickly and often see multiple offers if they are well priced. If your 2024 plans include buying or selling I...
October Market Update
Posted on Nov 03, 2023
Selling prices continue to adjust to where Buyers are willing to step in. Those who have their finances in good order can leverage their position and make a good transition, up or down. Banks are very cautious with lending these days so it can be challenging for those entering the Fraser Valley market. With informed advice, patience, and perseveran...September Market Update
Posted on Nov 03, 2023
For Buyers, we finally have less pressure. Typically options to pick from, negotiable prices, and flexible terms. For Sellers, best to polish your diamond well and price sharp to achieve your goals.Summarized by Narinder Bains,
“With inventory levels continuing on a slow and steady rise, together with slow sales, what we are seeing is a more balanc...August Market Update
Posted on Nov 03, 2023
August Market Update summary with Narinder Bains. “Many buyers are in “watchful waiting” mode as they hold off on decisions in anticipation of potential further rate changes,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “With prices relatively stable and active inventory on the rise, we hope to see more new listings come on st...