Celebrate Sustainably: 5 Ideas for an Eco-Friendly Holiday at Home It's the most wonderful time of the year. But for many families with festive plans and hectic schedules, it's also the most wasteful. According to one survey, for example, 60% of respondents admitted to throwing away more than usual during the holiday months as they filled up their trash bins with uneaten food, wrapping p... Read more →
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*|MC_PREVIEW_TEXT|* November 2023 Fraser Valley Real Estate Update November 8, 2023 Keep Up To Speed with Sale Prices in Your Neighbourhood! Hi *|FNAME|*, Despite interest rates holding steady for 2 straight announcements, we have continued to see prices, sales numbers, and new listings decline through the month of October 2023. Although it may be premature to say the second rate hold di... Read more →
35 Tips to Furnish Your New Home for Less Buying a new home is one of the most exciting experiences in life. And if you’re like most homebuyers, you’ll be planning your furniture placement and decor before the ink dries on your offer letter. But before you run to the nearest home goods store, take a deep breath. First, you’ll need to delay any major purchases before you... Read more →
*|MC_PREVIEW_TEXT|* Keep Up To Speed with Sale Prices in Your Neighbourhood! With sales continuing to slow down, and new listings starting to pick up, we are finally starting to see balance in our market once again. But, the big questions is, how long will it last?It really depends on many different factors, but the main factor of course will be the interest rates. At the end of October,... Read more →
Income Properties Are Trending, But Is Landlord Life for You? If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club. Investing in real estate has long been one of Canadians' favourite ways to grow their wealth. According to a poll by CIBC, 15% of Canadian homeowners already earn some rental income, whi... Read more →
*|MC_PREVIEW_TEXT|* Keep Up To Speed with Sale Prices in Your Neighbourhood! August 2023 saw more of what was expected, with fewer sales, fewer new listings, and an overall slowdown in activity as the summer drew to a close. This is fairly typical seasonal activity for the summer months, but it was also likely compounded by the recent interest rate hikes in June and July.With 1,204 sales... Read more →
Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1 Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the m... Read more →
*|MC_PREVIEW_TEXT|* August 2023 Fraser Valley Real Estate Update August 10, 2023 Keep Up To Speed with Sale Prices in Your Neighbourhood! *|FNAME|*, Are we seeing a reaction to the recent interest rate hikes, or just your typical summer slowdown?With 1,368 sales in July 2023, we saw a decrease of 29% compared to June 2023, but a year to year increase of 38% more sales than July 2022, and... Read more →
7 Common Homebuyer Regrets (And How To Avoid Them) To avoid buyer's remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don't regret becoming homeowners. In fact, according to a recent survey by Zolo, 80% of Canadians who purchased a home during the pandemic say they're glad they bought their current homes.1 But that doesn't mean newly-minted homeo... Read more →
Check out what is happening in our market for May 2023! View this email in your browser May 2023 Fraser Valley Real Estate Update May 8, 2023 Get Your Market SnapShot Now! , Is the market trending towards another steep price increase? Or are we even seeing things pick up at all?As far as the stats go, April 2023 looked incredibly similar to March 2023 in total sales, new listings and the... Read more →
February 6, 2023 Get Your Market SnapShot Now! As we head into the second month of the year, we continue to see more of the same for the Fraser Valley Real Estate market as we have in the past several months; Declining sales numbers, and decreasing prices are continuing to correlate with the seemingly ever increasing interest rates, but when will it all stop?January 2023 has set a couple... Read more →
November 8, 2022 Get Your Market SnapShot Now! More of the same is the story of October 2022, as stats remained nearly unchanged from just a month ago. Prices have dropped across the board, which is really not a surprise as we recently had another interest rate hike.With 860 Sales processed in the Fraser Valley for the month of October 2022, we saw a month to month increase of 2% compare... Read more →
*|MC_PREVIEW_TEXT|* October 14, 2022 Get Your Market SnapShot Now! Once again we continue to see the same trends we have seen for most of 2022 happening in the month of September. September 2022 saw a total of 844 sales, 39% fewer sales than the 10 year average for the month of September, 11% fewer than just a month ago in August 2022 which is usually a slower month than September. Compa... Read more →
*|MC_PREVIEW_TEXT|* September 20, 2022 Get Your Market SnapShot Now! The summer months are not typically the busiest months of the year for real estate activity; however, this summer has seen particularly low activity. With only 960 sales in the Fraser Valley Real Estate Board for the month of August 2022, we have seen a month to month decrease of 2.4% compared to July 2022, and a 51.3% ... Read more →
August 9, 2022 Get Your Market SnapShot Now! Another month has come and gone and that means it’s time to take a look at what is going on in our Fraser Valley Real Estate Market. Once again, we have another month in the books with declining sales and prices as the market responds to increasing interest rates, inflation, and general buyer sentiment.With only 993 sales in July 2022, w... Read more →
July 15, 2022 Get Your Market SnapShot Now! For the third month in a row, we have continued to see the market take a complete 180 degree turn from the record breaking sales and increasing prices we saw over the pandemic, and both prices and sales numbers continue to decrease.June 2022 saw a total of 1,281 sales, a decrease of 5.8% compared to May 2022 and a 43% decrease compared to June ... Read more →
*|MC_PREVIEW_TEXT|* June 2022 Fraser Valley Real Estate Update June 10, 2022 Get Your Market SnapShot Now! For the fist time since September 2019 we have seen average prices for all property types decrease in comparison to the month prior. While they are not significant drops in price, detached decreased by 2.4%, townhomes by 1.4% and condos by 1.1%, the fact that prices are decreasing i... Read more →
Get Your Market SnapShot Now! After nearly 2 years of record or near record breaking months we are finally seeing the market stabilize and sales activity has slowed drastically. With 1,579 sales processed in the Fraser Valley for the month of April 2022, we saw a decrease in sales of 46% compared to April 2021 and a decrease of 37% compared to March 2022. This is somewhat expected in a s... Read more →
April 2022 Fraser Valley Real Estate Update April 14, 2022 Get Your Market SnapShot Now! As March draws to a close, we have seen another month of inventory building and more balance in the market. Overall, there feels to be a little bit more calmness in the air than the last several months, and while the market is still hot, it is not quite as hot as it has been. Multiple offers are stil... Read more →
Get Your Market SnapShot Now! * If you read this newsletter every month, you will know that we discussed a potential shift in the market last month. In that newsletter I mentioned that the early signs were there, but we need to see more data to really tell if that shift is going to happen or not. Another month has come and gone and while I still cannot say it with certainty as we never k... Read more →
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