What Is Home Equity?
Posted on Mar 22, 2023 in Real Estate Investing
As a homeowner, understanding your home equity is crucial to your financial future. Home equity is the difference between the current market value of your home and the outstanding balance on your mortgage. This equity can be used for a variety of purposes, including home renovations, debt consolidation, or even a down payment on a second home.
One o...
Housing Market Statistics - February 2023
Posted on Mar 06, 2023 in Housing Market Statistics
SURREY, BC — House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-overmonth decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October.
The Fraser Valley Real Estate Board (FVREB) processed 898 sales on its Multiple Listing Service...
Discover the Benefits of Living in a Walkable Neighborhood: Improving Health, Saving Money, and Benefiting the Environment
Posted on Mar 02, 2023 in General Information
Living in a walkable neighbourhood is a lifestyle choice that can have a significant impact on your quality of life. The benefits of this choice are manifold and can improve your physical and mental health, save you money on transportation, and benefit the environment.
Perhaps the most important benefit is the positive impact it can have on your phy...
Sonny Bhinder Real Estate Team Newsletter March 2023
Posted on Mar 01, 2023 in Newsletter
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Condo vs. House: Which is Right for You?
Posted on Feb 16, 2023 in Buying and Selling
Are you thinking of buying a property but can't decide between a condo or a house? Both have their own unique advantages and disadvantages, and it's essential to consider several factors before making a decision. In this article, we'll explore the pros and cons of buying a condo vs. a house to help you make an informed decision.
Affordability
Condos...
Housing Market Statistics - January 2023
Posted on Feb 10, 2023 in Housing Market Statistics
SURREY, BC – The downward trend in Fraser Valley real estate sales continued in January as further interest rate hikes kept buyers sidelined. With 626 transactions processed on the MLS®, sales were off by 12.6 per cent compared to last month and down by 52.2 per cent compared to this time last year. The last time January sales were this low was in...
