Real Estate Stats | July 14, 2024 | written by Corbin Chivers
π΄ Feeling like Vancouver’s property prices are getting you down? π§οΈπ Consider Knoxville, Tennessee! π€ π‘ Knoxville Real Estate Market Highlights: – Median Listing Price: $439,200 (up 10.1% YoY) – Median Sold Price: $356,100 – Average Home Value:*l $357,307 (up 10.3% YoY) Neighborhood Insights: – Popular Neighborhoods: Sequoyah Hills, Fountain City, Pleasant Ridge – Affordable…
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Real Talk with Corbin | July 12, 2024 | written by Corbin Chivers
Hey Clients & Friends, π Hope everyone had a fantastic June – We’ve got a lot to cover, so let’s dive in! π€ π This June marks the second month in a row that the Housing Price Index (HPI) went DOWN in Detached & Attached (Combination of Houses, Townhomes, and Condos, Duplex, Row) in the Fraser…
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Real Talk with Corbin | July 9, 2024 | written by Corbin Chivers
π’ Breaking News in BC Real Estate! π’ π‘ Starting July 18, the Two Month Notice for tenants is changing to a Four Month Notice ποΈ π¨ New Regulations Alert π¨: – Mandatory Use of a New Web Portal to register and track all eviction notices ππ» – If someone is moving INTO a tenanted…
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Real Talk with Corbin | July 9, 2024 | written by Corbin Chivers
π’ Important Update for All BC Residents! BC, Canada π New Rental Regulations Effective July 18 1. ποΈ Two Month Notice is now Four Months π
– Tenants now have more time to find a new home when served notice. 2. π Mandatory Web Portal for Evictions π» – All eviction notices must be registered…
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Real Talk with Corbin | July 2, 2024 | written by Corbin Chivers
πHome Price Appreciation Year Over Year: πΉ Home Price Index (HPI): – Vancouver: The HPI for all residential properties increased by 2.3% year-over-year in May 2024, with a benchmark price of $1,212,000. – Calgary: The HPI for detached homes surged by 13% year-over-year, reaching a new record benchmark price of $761,800. π Gas Prices: –…
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Real Talk with Corbin | June 28, 2024 | written by Corbin Chivers
Vancouver is a city of contrasts. ποΈβ¨ It boasts some of the most expensive real estate on the planet while facing one of the worst housing crises our country has ever seen. Multi-millionaires live in excess, while tent cities grow just outside their doors. πΈπ πΆββοΈποΈπ³π³ What can be done to solve this very sad situation…
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Real Talk with Corbin | June 28, 2024 | written by Corbin Chivers
π£WEATHER FACE-OFF BC VS Alberta!πποΈ With a record-breaking 40,000 British Columbians moving to Alberta last year, including many of my own clients, I get asked a lot about the weather. So here it is! π¦οΈ Calgary, AB: – βοΈ Days of Snow: 54 – π§οΈ Days of Rain: 114 – βοΈ Days of Sun: 333…
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Buying, Investing, Real Estate Stats, Real Estate Tips | June 20, 2024 | written by Corbin Chivers
Buying your first home is a monumental milestone, and it can be both exciting and overwhelming. As a top realtor in Langley, Iβve helped many first-time home buyers navigate this journey and understand the challenges and concerns that come with it. Here are ten essential tips to guide you through the process and help you…
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Real Talk with Corbin | June 19, 2024 | written by Corbin Chivers
Despite the new rule only coming into effect in 2023, the CRA somehow took the position that it would RETROACTIVELY target this sale that happened in 2016! π²π°οΈ Despite the new rule only coming into effect in 2023, the CRA somehow took the position that it would RETROACTIVELY target this sale that happened in 2016!…
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Real Estate Stats, Real Estate Tips, Real Talk with Corbin | June 19, 2024 | written by Corbin Chivers
Moving onto the comprehensive market update,we’ve got plenty to discuss, so let’s get started! This May marks aΒ shift in momentumΒ for sale prices, with the Housing Price Index (HPI) decreasing in Detached & Attached homes (including houses, townhomes, and condos) after three months of continuous price increases. Sellers might feel concerned (and understandably so), but there’s…
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