August 2018

New CMHC Rules Aimed at Helping Self-Employed Get Mortgages

Posted on Aug 14, 2018

Anyone who is self-employed and has tried to get a loan knows the pain that it can be.  It's very difficult for a lender to determine risk.  The process is made more difficult because the people who insure the lenders make it all the more challenging. 
All that is about to change for the better as Canada Mortgage and Housing Corporation (CMHC) has dec...

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Another Langley Condo Sold, Another Great Investment

Posted on Aug 03, 2018

Congratulations to M&K on the purchase of this great investment property.  This condo is like new and is sure to bring many happy returns to these savvy buyers. 

Looking to buy or sell in Langley?  Give me a call today to get a free, no obligation Valuation on your property.  604-813-5130 or click the link below.



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Fraser Valley Inventory builds as summer slowdown hits

Posted on Aug 02, 2018

Overall housing supply continued to grow in July as sales dropped to their lowest point this year since January. 

The Fraser Valley Real Estate Board processed 1,290 sales of all property types on its Multiple Listing Service® (MLS®) in July, a decrease of 33.4 per cent compared to the 1,937 sales in July of last year, and a 11.2 per cent decrease c...

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The Trend Continues: Housing supply up, demand down across Metro Vancouver

Posted on Aug 02, 2018

July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease of 14.6 per cent...

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