Real Estate Rumors
Posted on Jan 26, 2023
I'm sure you are hearing tons of speculation and news about the real estate market.
A few days ago, one of our clients called us and said "I heard that banks may be tightening the stress tests. What's going on?" He was stressed out because he's in the market looking for a home and thought this would impact him.
I told him that I'd talk to the lenders...
Surrey, Cloverdale, Langley Weekly Housing Market Update - Jan. 22
Posted on Jan 22, 2023
Here is your weekly market update for Surrey, Cloverdale, and Langley. We are noticing some interesting activity in the market.
Lots of brand new homes are being solid ranging from $2,100,000 to $2,800,000. We also noticed that lots of properties that have been sitting for a few months have had multiple showings recently and now accepted offers.
We b...
Surrey, Cloverdale, Langley Weekly Market Update - Jan. 15, 2023
Posted on Jan 15, 2023
Here is your market update for Surrey, Cloverdale, Langley this past week!
It is important to know what is happening in the housing market as a buyer and as a homeowner. Sales are slowly taking some time to pick up and we think they will as there are some great deals on the market right now in your neighborhood.
Inventory is rising for detached homes...
Surrey, Cloverdale, Langley Weekly Market Update - Jan. 7, 2023
Posted on Jan 14, 2023
Hello everyone! The 1st week of 2023 is in the books and here’s what happened in the Surrey, Cloverdale & Langley real estate market.
New listings are coming to the market at a higher pace than in December, which is good to see and hopefully that trend continues. They’re actually coming at the same pace as January 2022.
Sales are slightly slower than...
Act Now - Appeal Your BC Assessment
Posted on Jan 11, 2023
Here's what you as a homeowner need to know about BC assessments. You'll need to act now if you want to appeal, otherwise you'll be paying high property taxes.
The BC assessment of your home is not the current market value of your home. This is reflective of July 1, 2022.
It does not take into consideration whether you have done any renovations to yo...
Are Renovations Worth It?
Posted on Jan 11, 2023
Some renovations just aren’t worth it if you want to get a good return on investment or ROI. This is especially true in the bathroom!
There are several bathroom renovations that don’t pay off. When sellers put these upgrades into their bathrooms, they nearly never recoup the cost of the renovation and, as a result, don’t get a high ROI. Let’s go thr...