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The Farmer’s Almanac prediction for a cold, snowy winter is proving to be true! We have definitely seen colder-than-normal temperatures with more precipitation (snow) than usual – as predicted. Were you prepared for each snowstorm that hit? In this article, [...]
Foreigners who have work permits and are resident in BC will soon be exempt from the foreign owner’s tax that was implemented in August of 2016. There were no details on the exemption that Christy Clark announced during a Lunar [...]
On January 10th, 2017, the BC Government announced it would be raising the BC home owner grant amount to $1.6 million, a 33% increase in the threshold. This is an increase of $400,000 over last year’s maximum allowable home owner [...]
The overall total MLS transactions, and the dollar volume sold in the 2016 Fraser Valley Real Estate market, both showed remarkable increases over 2015. Overall sales for 2016 increased by 13.6% to 23,974 transactions over the 21,095 sales in 2015. [...]
With today marking the first day of winter you may be wondering, “Is winter a good time to buy a home in BC?” Yes, spring and summer are typically the popular months for most people to buy and sell real estate [...]
New B.C. Home Owner Mortgage and Equity Partnership Program Today while in Surrey, BC, our Premier Christy Clark announced that the provincial government will be matching the down payment of first-time home buyers with five-year interest-free, payment-free loans. Here are [...]
The Fraser Valley real estate market experienced a decrease in overall property sales by 29.4% over 2015 and is finally returning to more characteristic levels for this time of year: 1,247 sales closed in November 2016 compared to 1,766 in [...]
With a population of nearly 20,000, White Rock is a bustling small community in the SW corner of the Lower Mainland. It is a member municipality of Metro Vancouver. The moderate climate has made it a haven for retirees who [...]
Low Inventory Levels Create Prime Opportunities In spite of the foreign home buyer’s tax, Fraser Valley property sales in October 2016 keep chugging right along, increasing by 12.1% compared with sales in September 2016. As prices begin to even out, [...]
Earlier this month CTV News published an article outlining the details of the Federal Government’s announcement on new measures designed to help stabilize the real estate market and close real estate tax loopholes for foreign buyers. Here is a look [...]