Common Real Estate Lingo – Glossary of Terms

By |2020-07-09T23:00:26+00:00July 13th, 2020|Articles|

If you've been thinking of buying or selling and have set a meeting with one of our Wolstencroft agents... congrats! We are so excited for you and assure you that you are in good hands. Our agents will help you with every step of the way, but in case you wanted to brush up on [...]

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Fraser Valley Housing Market Statistics – June 2020

By |2020-07-07T20:25:21+00:00July 7th, 2020|Update|

Property sales in the Fraser Valley more than double in one month as buyers return to the market SURREY, BC – The Fraser Valley real estate market saw a resurgence in activity in June as the industry and consumers continue to successfully adapt to doing business during a pandemic. The Fraser Valley Real Estate Board [...]

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New CMHC Mortgage Insurance Rules Now In Effect

By |2020-07-02T17:33:53+00:00July 2nd, 2020|Mortgage Update|

In Canada, mortgage insurance is required for all home purchases involving down payments of less than 20 per cent. To curb demand from risky borrowers and to stabilize prices, the Canada Mortgage and Housing Corporation (CMHC) has introduced new rules that make it tougher to qualify for coverage in their mortgage insurance plan. The rules, which [...]

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Langley Outdoor Youth Programs

By |2020-06-18T19:37:35+00:00June 18th, 2020|Community|

Outdoor Programs Did you know that Langley City is offering free outdoor youth drop in programs during the month of June at Douglas Park? If you have someone in your life between the grades of 6-12, these weather-dependent programs might be a great way for them to engage in the community! (Additional physical distancing and [...]

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Langley City Community Fitness

By |2020-06-11T19:19:45+00:00June 11th, 2020|Community|

Outdoor Fitness Classes Begin in Langley City on June 15 While our indoor facilities remain closed  to prevent the spread of the COVID-19 virus, Langley City is excited to enter into Phase 2 of their re-opening strategy with commencement of Outdoor Fitness Classes!  Classes will be held at Douglas Park - 20550 Douglas Crescent. Pre-registration for [...]

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Housing market activity picks up in the Fraser Valley as buyers and sellers adapt to the new environment

By |2020-06-04T18:29:39+00:00June 4th, 2020|Market Updates|

SURREY, BC – In May, Fraser Valley listings and property sales started to bounce back as REALTORS® helped their clients adjust to the new, necessary safety measures required to buy and sell a home during the provincial state of emergency due to COVID-19. The Fraser Valley Real Estate Board (FVREB) processed a total of 805 [...]

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Spring Home Checklist

By |2020-05-22T20:33:38+00:00May 22nd, 2020|Home & Living|

It's the time again. We're well into Spring now and 'tis' the season' for maintenance to repair Winter damage and prepare you home for Summer! For most of us, our homes are our largest investment. The investment of time into upkeep will help keep your home's value and keep things looking and running their best! [...]

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Covid-19: What Homeowners need to know – Deferring Payments & Your Credit Rating

By |2020-05-08T19:03:44+00:00May 11th, 2020|Mortgage Update|

Deferring mortgage payments has received a lot of media coverage as an option during Covid-19.  This can be a great choice to improve cash flow, and even assist borrowers to pay off their other higher interest consumer debt (such as credit cards and lines of credit), instead of paying off their low rate mortgage.   [...]

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Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19

By |2020-05-08T18:40:19+00:00May 8th, 2020|Market Updates|

SURREY, BC – As anticipated, real estate activity saw a steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history. The Fraser Valley Real Estate Board (FVREB) processed a total of 688 sales on its Multiple Listing Service® (MLS®) in April, a decrease of [...]

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COVID-19 Relief Programs for Home Owners and Renters

By |2020-04-30T22:01:28+00:00April 30th, 2020|Uncategorized, Update|

Governments both Federally and Provincially are now offering support for people impacted by the COVID-19 global pandemic including financial relief, a provincial rental supplement, and different payment deferral options. The information below is subject to change as the situation evolves. Federal Canada Emergency Response Benefit What is the Canada Emergency Response Benefit If you have [...]

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