December Market Update (November Stats!) Prices Down 8 Months in A Row 📉📉📉

Real Estate Stats, Real Talk with Corbin | December 9, 2024 | written by Corbin Chivers

Hey Friends and Clients! I hope you all had an amazing November and are off to a great start this December! December is shaping up to be an eventful month, with some major changes on the horizon. On December 15th, new government policies will allow people to borrow more money than ever before, holding record-high debt…

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Landlord DENIED: $808 Rent Increase BLOCKED!

Real Talk with Corbin | November 22, 2024 | written by Corbin Chivers

🏠💸 Landlord DENIED: $808 Rent Increase BLOCKED! Here’s a quick summary:A landlord in BC tried to push through a 22.56% rent hike, far exceeding the legal 3.5% cap. What happened?They bought the property in August 2021, when interest rates were at rock bottom. Fast forward to today—mortgage payments jumped by $1,100, so they argued this…

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October 2024 Home Prices Have DROPPED Lower Than October 2021! 🔥

Real Talk with Corbin | November 19, 2024 | written by Corbin Chivers

🔥 October 2024 Home Prices Have DROPPED Lower Than October 2021! 🔥 📝 Fraser Valley Market Update (Quick & Real!) 🏡 HPI Prices: Prices fell for the 7th straight month, bringing October 2024 prices lower than October 2021! That’s 3 YEARS of lost appreciation! 📉 📈 Sales: Sales up 37% from September, but October was…

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It’s NOT Your Realtor’s Fault Your Condo Isn’t Selling (Probably) – Oct 2024

Real Talk with Corbin | November 3, 2024 | written by Corbin Chivers

It’s NOT Your Realtor’s Fault Your Condo Isn’t Selling (Probably) Here’s the deal: 📊 Active listings are at an all-time high. 📉 Sales ratios last month hovered around 12-15%. 💸 Prices? Over the last 20 years, they’ve skyrocketed…but in the past six months, they’ve started to slip. So unless your realtor took your photos with…

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Canadian Airbnb owners may now face a 13% HST when selling their property!

Investing, Real Talk with Corbin | November 1, 2024 | written by Corbin Chivers

📢 Canadian Airbnb Owners: New Tax Alert! 🇨🇦🏡 Canadian Airbnb owners may now face a 13% HST when selling their property! 💸 In a recent tax ruling, the Tax Court of Canada has classified short-term Airbnb rentals as commercial rather than residential—meaning HST applies if your property resembles a hotel-like business model 🏨. 🔍 Key…

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Latest Market Update in 60 seconds

Real Talk with Corbin | October 23, 2024 | written by Corbin Chivers

Highest condo inventory ever recorded in the Fraser Valley! 📈😳 Big thanks to RBC for having me at their Downsizing Special Event! 🎉🙌 I was brought in to break down the numbers, and let’s just say… it wasn’t all sunshine and rainbows. 💦🏡 Here’s the latest market in 60 seconds—if you can handle it! 😂🔥…

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