Landlords increase rent by 27% in BC?

Real Estate Tips, Real Talk with Corbin | August 24, 2024 | written by Corbin Chivers

🚨 Breaking News! 🚨 A BC court just ruled that two landlords on the island could increase their rent by a whopping 27% over 2 years due to the rising costs of ownership. 🏠💸 With the staggering increase in interest rates, these landlords saw their costs skyrocket. Sound familiar? 📈💥 Instead of just complaining, they…

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August Market Update: July Statistics

Real Estate Tips, Real Talk with Corbin | August 12, 2024 | written by Corbin Chivers

Hey Everyone, 👋 I hope you all had an awesome July! There’s a lot to break down, so let’s jump right in! 🤠😉 July marks the third consecutive month where the Housing Price Index (HPI) for Detached & Attached properties (including Houses, Townhomes, Condos, Duplexes, and Rows) in the Fraser Valley has dropped, following three…

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📢 Breaking News in BC Real Estate! 📢

Real Talk with Corbin | July 9, 2024 | written by Corbin Chivers

📢 Breaking News in BC Real Estate! 📢 🏡 Starting July 18, the Two Month Notice for tenants is changing to a Four Month Notice 🗓️ 🚨 New Regulations Alert 🚨: – Mandatory Use of a New Web Portal to register and track all eviction notices 📋💻 – If someone is moving INTO a tenanted…

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Vancouver Vs. Calgary : Thinking of making the move?

Real Talk with Corbin | July 2, 2024 | written by Corbin Chivers

📈Home Price Appreciation Year Over Year: 🔹 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. 🚗 Gas Prices: –…

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Vancouver is a city of contrasts. 🏙️✨

Real Talk with Corbin | June 28, 2024 | written by Corbin Chivers

Vancouver is a city of contrasts. 🏙️✨ 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. 💸🏠🚶‍♂️🏚️😳😳 What can be done to solve this very sad situation…

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