Blog

The federal government has just unveiled a new mortgage refinancing program to help homeowners build additional living spaces, such as basement apartments or converted garages.Starting in January 2025, this insured refinancing option will make it easier to create rental units and, in turn, help homeowners manage rising mortgage costs. A similar program was available until 2016 but was phased ...

So, the numbers are out, so lets take a look at whats been happening in our home town of Richmond BC for the month of September For single family homes, we saw an increase of sales of 15% from the previous month.   On top of that we also saw a much better average days on the market.  In August, it was an average of of 23 days on the market, for september it was 2 weeks.That range from 1.5 ...

richmond realtorrichmond real estaterichmond townhomesrichmond homes for salerichmond condos for salesteveston homes for salesteveston townhomes for saleironwood homes for saleironwood townhomes for sale  

So, i've been receiving continuous messages from this one realtor of a place we checked out.  He's been sending me text message after text message saying how motivated his client was, how much of a good deal it is compared to the last sale, and flexible they were on closing dates. So, why the big desperation? Well, the owner of this house that we saw had their eye on another property, howe ...

So the numbers are out, so here's whats been happening in our home town of richmond bcSingle Family Homes: benchmark price of 2.15M, which represents a 2% decrease from the previous month. Days on the market went from 19 days in July to 23 in August.On top of that, sales went down from 59 in july to 43 in august.  As i said in last month's richmond report, the august numbers wont be pretty. ...

So, every year, I set up a night to take clients out to say thank you for their continuing support of a Family First approach to Real Estate, as well as helping with our business growth.  This year, we'll be heading to the PNE to see the sights and sounds of the fair, the amazing food and this year's feature presentation.   Over the years, we've seen sensations such as Boyz ii Men, TLC, Shag ...

So, the numbers are out, lets take a look at happened in our home town of richmond for the month of JulySingle Family Homes: -Benchmark price of 2.188,000, This represents a 9% jump from June. -As for amount of sales, am 18% decrease since last month.  **Don't expect this number to get any bigger for the month of august. This is our typical annual pause, which can pose an oppurtunity to pounc ...

Weekly Rate UpdateLower fixed rates may be coming soon, but how much lower? Bond yields are down again, after the latest Bank of Canada announcement.Keep in mind, if fixed rates drop by 0.10%, the monthly mortgage payment only goes down by about $7 for every $100,000 borrowed. Not a big difference! If placing a down payment of less than 20%, rates are in the high 4's  ...

Amendments to the Residential Tenancy Act and the Manufactured Home Park Tenancy Act Date: July 15, 2024 Distribution: Real Estate Licensees Advisory Number: 24-026   Purpose This Advisory informs real estate licensees of changes to the Residential Tenancy Act and the Manufactured Home Park Tenancy Act as a result of Bi ...

So, the numbers are out, so lets take a look at whats been happening in our home town of Richmond BC-For single family homes, we saw a benchmark price of 2.06M. That represents a decline of 10% since the May.-We also saw an amount of sales go down by 5% from the previous month.  -And we're also seeing turnaround times for sales increase from an average of 1 and a half weeks to 3 weeks.-Most p ...