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 →
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 →
Get Your Market SnapShot Now! November 2020, much like the two months before was yet another record breaking month for both the number of sales and detached home prices in the Fraser Valley. With 2,048 sales November 2020 outperformed the 10 year average for the month of November by 76% and saw 734 more sales than November 2019. While this is down from October 2020’s 2,226 sales, t... Read more →
Kevan Lewis - HomeLife Benchmark Realty Have You Been Thinking About Renovating? Renovations can be a great way to get more enjoyment out of your home and to make it your own.Adding or changing aspects of your home can also havean impacton the value of your homeonce the time comes for you to sell. My recommendation is to do renovations a couple years before you sell so that you can get s... Read more →
New Provincial Policy is a Step in the Right Direction for Strata Insurnace Kevan Lewis - HomeLife Benchmark Realty On September 14 the provincial government announced changes to regulations concerning strata insurance. While the changes will not prevent insurance rates from going up, it does create transparency for strata owners as the amount of commission receieved by the insurance bro... Read more →
Stress Test Rates Drop Again! While the stress test does still make it more difficult than it used to be to get a mortgage, things are going in the right direction with the latest qualifying rate drop. Interest rates have been going lower and lower over the past few months, and thankfully with that the stress test has also been decreasing. Five year posted mortgage rates have been coming... Read more →
March 11, 2020 Get Your Market SnapShot Now! Hi there, Spring is almost here, and the market is certainly heating up! February 2020 saw 1,254 sales of residential properties coming in at 0.5% higher than the 10 year average for the month, and 36% higher than February 2019. With new listings hitting the market at a below average rate, this is pushing us back into a Seller’s Market a... Read more →
*|MC:SUBJECT|* *|MC_PREVIEW_TEXT|* February 26, 2020 Get Your Market SnapShot Now! *|FNAME|*, We are now halfway through February 2020 and the market still appears to be going quite strong, even after an unusually strong winter. It seems as if buyers have finally decided to get back into the market, but now it is the sellers who appear to be hesitant on listing their homes. January 2020&... Read more →
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HomeLife Benchmark Titus Realty
Kevan Lewis and HomeLife Benchmark Titus Realty are leaders in the real estate community with a reputation for integrity, dedication and as equally important, we are known for achieving results. Our professional, motivated and trustworthy Team Members are committed to delivering quality service for both buyers and sellers. From the very start of your search to the day of your sale, whether it is a condo, townhouse, cottage, farm, or commercial property that you are looking to buy or sell, we are here to help you with real estate choices.
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