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So far Sabrina has created 155 blog entries.

REALTORS® and journalists have more in common than you think…

2021-06-10T14:04:23-08:00June 7th, 2021|Uncategorized|

How so, you ask?Well, let me tell you how. You see, for over two decades now, the influence of our traditional mainstream media – what we call print, radio, and TV – has been waning. Commensurate with this has been the ever-increasing rise and influence of social media in its varying forms, TikTok being [...]

Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand

2021-06-02T07:47:48-08:00June 2nd, 2021|Statistics|

SURREY, BC – Fraser Valley’s extraordinary pandemic real estate market continued to break sales records – for the ninth consecutive month – while at the same time, reaching near-historic levels of new listings in May. In May, the Fraser Valley Real Estate Board (FVREB) processed 2,951 sales on its Multiple Listing Service® (MLS®), an increase [...]

COVID-19 – Does BC’s Restart Plan Mean We’re Back to Business as Usual?

2021-06-03T10:41:39-08:00June 1st, 2021|COVID-19 Updates|

by Baldev S. Gill, Chief Executive Officer Today’s eMemo contains the following updates: Making the most of virtual open houses    Dear Members, The announcement of BC’s Restart Plan last week brought with it much excitement for all of us, as we look forward with hope to the gradual lifting of restrictions, and the regaining of [...]

COVID-19 – Clarification on the Provincial Restart Plan to Safely Bring People Back Together

2021-05-28T09:20:11-08:00May 27th, 2021|COVID-19 Updates|

by Baldev S. Gill, Chief Executive Officer Today’s eMemo contains the following updates: Clarification on the Provincial Restart Plan to Safely Bring People Back Together Announced on Tuesday, May 25, 2021 Dear Members, As many of you may be aware, Tuesday, May 25 was a big day for the citizens of BC. Premier John Horgan, [...]

Reminder: Homeowners now need to apply to the provincial government for the Home Owner Grant

2021-05-28T09:17:44-08:00May 27th, 2021|Announcements|

This is a good time to remind clients that Home Owner Grant applications are no longer being processed by municipalities. Starting this year, the provincial government will be administering the provincial program.The Home Owner Grant helps to reduce the amount of property tax eligible British Columbians pay on their principal residence. The regular grant [...]

Confirmed: A little harder to buy a house effective June 1st

2021-05-28T09:13:29-08:00May 26th, 2021|Announcements|

As anticipated, Canada’s banking watchdog, the Office of the Superintendent of Financial Institutions (OSFI), confirmed on May 20th that the mortgage stress test for those with uninsured mortgages will increase from 4.79% to 5.25% on June 1st. Soon after, Canada’s Department of Finance confirmed it will follow OSFI’s lead and apply the same qualifying rate [...]

How to prove to your sellers the market is changing

2021-05-28T09:24:14-08:00May 26th, 2021|Statistics|

You know, but how do you convince your sellers?We’re hearing anecdotally from REALTORS® that the market is shifting. Demand remains very high for certain property types in a number of locations, but as more supply comes on stream, it is helping to soften the frenzy. Members are telling us that they’re seeing fewer inquires [...]

Monthly sales and new listings in the Fraser Valley continue blistering pace; surge in inventory starting to calm prices

2021-05-06T08:31:14-08:00May 4th, 2021|Statistics|

SURREY, BC – For the eighth consecutive month, Fraser Valley real estate saw record-breaking sales with April topping the previous monthly high set in 2016. The 2020/2021 pandemic seller’s market in the Fraser Valley has now surpassed the previous longest stretch of seven consecutive, record-breaking months, last set in 2015/2016. In April, the Fraser [...]

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