Investing in a Multifamily Home: Opportunities, Challenges, and Benefits
Posted on Jan 26, 2023 in Real Estate
A multifamily home, also known as a multi-unit property, is a residential property that contains more than one unit intended for multiple households. These units can range from apartments, to townhouses, duplexes, and even larger buildings with several stories. Multifamily homes are a popular form of housing in urban areas and are often managed by...
6 Things To Consider When Buying a Second Home
Posted on Jan 17, 2023 in Real Estate
Buying a second home can be a great investment, whether it's for vacation or rental purposes. However, it's important to consider several factors before making such a big purchase. Here are some things to think about when buying a second home:
1. Location: The location of the property is one of the most important factors to consider. Look for a loca...
Advantages of Buying Home in the Winter
Posted on Nov 23, 2022 in Real Estate
Few buyers will compete with them
During the winter, people are likely to struggle to find shelter. Bad weather makes the whole process more difficult. Surprisingly, most homes are sold in the spring and summer. A lull in the winter market means less competition. Since there are fe...
5 First Time Homebuyer Mistakes Every New Homebuyer Makes
Posted on May 31, 2022 in Real Estate
When you buy your first home, you may be both excited and nervous. This process can be fraught with complexities. Therefore, you may want to be properly prepared to ensure you are buying the best home that suits your needs. needs. Below are some common mistakes you might want to make during this adventure.
No proper research. First, you may want to...
Housing Market Statistics - April 2022
Posted on May 04, 2022 in Real Estate
SURREY, BC – Property sales in the Fraser Valley decreased by over 35 per cent in April 2022 compared to the previous month, and while the figure is still the sixth-highest April on record for the past ten years, it marks the first time monthly sales have fallen below the ten-year average since June 2020.
In April, the Fraser Valley Real Estate Boar...
Housing Market Statistics - March 2022
Posted on Apr 05, 2022 in Real Estate
SURREY, BC – For the third consecutive month, new listings in the Fraser Valley continued to climb in March giving buyers more to choose from, helping to increase overall active inventory to levels not seen since last July. Property sales remain robust, as Benchmark prices, the price of a ‘typical’ home, continued to increase month-over-month.
In Ma...
