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Surrey is currently the 2nd largest city (by population) in British Columbia, right after Vancouver. Surrey offers its diverse and ever growing population a lot of opportunities in new and growing industries. With this in mind, more people are considering a move to Surrey every day. As a result, the market value of properties in Surrey has achieved a steady climb over the past few years. Accord

Housing laws are tightening in British Columbia, and interest rates are rising. In 2018, we witnessed a 34% reduction in sales, the biggest decline in the past two decades. Populations in major cities are growing, and citizens and foreigners are finding new homes here every day, but the housing market is slowing down. This decline is partially a result of the recently introduced Bill 28, the Misce

Listing agents are often approached by potential buyers who don't have a realtor. Buyers might want to save money on commission, fees, or don't trust the services of realtors in general. In Canada, the buyer’s realtor doesn't get a commission, but can negotiate with the seller’s agent to get a cut of theirs. If a buyer can close the deal without a realtor, then the seller’s agent can be conv

Ever wondered how properties are valued? Do you think there’s any substance to the perceived value of your home? If you're looking to buy or sell a property, then it's important to understand how value is assigned to them. This knowledge will help you to identify the right time to buy or sell, and the right price bracket you should be aiming for.In this article, I've outlined some of the tangibl

Has your house been on the market for a long time with no offers? If the housing market in your neighbourhood is stable, and comparable properties are being bought, that could indicate a problem with yours. The good news is, identifying that problem is the first step to increasing the market value of your property. From my experience in the real estate market, here are the common reasons I've i

Do you feel like your Realtors®  claims might be too good to be true? In many cases, Realtors® present you with statistics on their sales to back up all the assurance they give you. There are many laws in both the housing and advertising industries that prevent realtors from lying directly to their clients. However, realtors often find a way around these laws without getting caught. Stats and o

The 2018 Fraser Valley Real Estate stats are in.  After 3+ years of total annual sales of 20,000+ units, 2018 shook the trend and ended up a down year.  Specifically, as per the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS), 2018 saw a 30.2% decrease.  15,586 sales occurred in 2018 compared to 22,338 sales in 2017.  This is the lowest sales by volume in the Fraser Valley s

Are you planning to buy a condo in which tenants are already living? Are you interested in buying a house in which the 1st floor has tenants, but you want the whole property for your family? Do you want a property with 3 units where you can have different tenants? Well, you are not alone in this. There are many reasons you may want to consider buying a property with tenants, however it is crucial

The legalization of pot might be a win in some industries, but it has caused a huge distress in the housing industry. Before October 17th, buying legal pot in Surrey came with several barriers. Now, recreational pot is available to all users. The government passed the C-45 Bill to make cannabis accessible to users while supporting public health by regulating negative health effects a

Tірѕ fоr fіrѕt tіmе hоmе buуеrѕ in B.C., Cаnаdа Arе уоu a fіrѕt time hоmе buyer іn B.C., Canada аnd nееd some аdvісе before buуіng? Whаt аrе some kеу thіngѕ to lооk fоr? In thіѕ article, wе discuss thе kеу tірѕ from a hоmе sales professional thаt уоu muѕt consider before buying уоur first home іn B.C., Cаnаdа. Buying your fіrѕt ho

Surrey, a metro centre in B.C, is growing and gunning to be the biggest city within this province — approximately 22 per cent of B.C births occurs in Surrey — and it is only a matter of time for this to happen. Up until recently, the housing market in Canada has been in a frenzy, especially in British Columbia. But all of that seemed to have cooled, and if what we hear from property analysts

Landing your first dream home in B.C Canada can be such an exciting feeling. However, the strategic planning and knowledge required can be complex considering homeowner insurance, down payment, deposits, financing and unplanned expenses. What ordinarily should be an exciting experience can turn into a stress-filled one. Canadians are among the highest homeowners in the world. Imagine two out of e

House pricing in Surrey, B.C. Traditionally, one of thе major аttrасtіоnѕ оf a mоvе tо Surrey, B.C. Cаnаdа fоr many people has bееn thе affordable cost оf hоuѕіng соmраrеd with other major cities. This particular аttrасtіоn has fаdеd іn the last several months due to tighter mortgage rules and higher interest rates. More specifically, a November 2018 report by Z