buying surrey

Is Your Home the Right Fit?

Written by: Buffini & Co There comes a time for many of us to either downsize or upsize. And it’s always good to know your options. 37% of Canadians would like to downsize. 25% of Canadians would like to upsize. Home too big? Has your home and yard become a lot to maintain. Do you […]

Bank of Canada Cuts Policy Rate by 25 BPS to 4.25%

Written by: Dr. Sherry Copper Bank of Canada Cuts Rates Another Quarter Point Bank of Canada cut the overnight policy rate by another 25 basis points to 4.25%. This is the third consecutive decrease since June. The Bank’s decision reflects two main developments. First, headline and core inflation have continued to ease as expected. Second, […]

How to Qualify for a Mortgage when You’re Self-Employed or a Small Business Owner

Written by: Zak Khan of REW If you’re a freelancer, gig worker, small business owner or independent contractor looking to buy a home, you might have already realized that the process will be a little different for you compared to wage employees. But fear not, you can still secure a mortgage and land the home […]

Is It Time to Move?

Written by: Buffini & Co. Do you love your current neighbourhood but feel it’s time for a new one? Change isn’t always easy. Fear of the unknown, the cost, the effort – there’s a lot to think about. You may be worried about how your kids will adapt to a new school or feel about […]

Canadian Housing Market on Pause in July

Written by: Dr. Sherry Cooper & Associates Canadian Housing Market Paused In July Despite the continued decline in interest rates, the Canadian housing market saw summer doldrums last month. The Canadian Real Estate Association (CREA) announced today that national home sales fell 0.7% monthly while rising 4.8% from year-ago levels. A significant uptick in sales […]

BC Assessment Value vs. What Your Home is Truly Worth

Written by: Zak Khan of REW What is BC assessment? The BC assessment provides a value for the government to determine property tax in British Columbia. The assessment authority estimates it yearly starting from the previous July. This is a predictable base for taxation but does not necessarily impact the real estate market. So, the […]

The Real Estate Journey

Written By: Buffini & Co The road to homeownership may seem overwhelming but when you take it step by step, you’ll soon reach your destination – your dream home! Your First Home: Set up a designated down payment savings account. Pay down credit card and other debit. Look into first-time homebuyer programs. Need More Space: […]

Hesitant Homeseekers: Why BC Sales Are Still Unexpectedly Low

Written by: Erin Best of REW Buyers are exercising caution despite dropping rates and rising inventory. Vancouver’s real estate market is witnessing an unexpected trend: potential home buyers are showing marked hesitation despite the Bank of Canada’s recent rate cuts. Several issues are contributing to this reluctance, creating a complex landscape for both buyers and […]

New(er) Home Resale Report: June 2024

Written By: Manraj Dosanjh of Dexter Realty A guide for first-time buyers, young families, and presale purchasers seeking the latest insights for newer resale homes in popular Metro Vancouver neighbourhoods. The Bank of Canada’s 0.25% rate decrease in early June has yet to provide the boost the Metro Vancouver real estate market had anticipated. Recent […]

Ever Thought of Working From Paradise?

Written by: Buffini & Co The benefits of a vacation home: Real estate is a great hedge against inflation. Reduced travel costs (no hotels or eating out all the time). Possible tax breaks (check with a financial professional). Building equity while working from paradise. Short-term rental income potential. 20% of Canadians work part-time from home. […]