The Information Guys

The Information Guys Focusing on Fraser Valley Real Estate including Condos, Townhouses, and Homes.

This Vancouver mansion just hit the market for $48M.
05/07/2024

This Vancouver mansion just hit the market for $48M.

Work hard, stay motivated, and watch your dreams become your reality! šŸ’Ŗ
04/28/2024

Work hard, stay motivated, and watch your dreams become your reality! šŸ’Ŗ

CanadianĀ homesĀ will be nearly 10 per cent more expensive at the end of 2024 than they were the year before, according to...
04/19/2024

CanadianĀ homesĀ will be nearly 10 per cent more expensive at the end of 2024 than they were the year before, according to a new report.

The report says two things are pushing prices up: the ā€œsevere shortageā€ of housing across the country and more demand from sidelined homebuyers who could enter the market if the Bank of Canada lowers its key interest rate,Ā which currently sits at five per cent.

ā€œA decrease in the bank rate, which will translate into cheaper mortgages, will increase the demand in the marketplaceā€ and push up prices

TheĀ Bank of CanadaĀ held its benchmarkĀ interest rateĀ steady on Wednesday amid signs thatĀ inflationĀ is easing, with offici...
04/10/2024

TheĀ Bank of CanadaĀ held its benchmarkĀ interest rateĀ steady on Wednesday amid signs thatĀ inflationĀ is easing, with officials acknowledging that a rate cut in June is ā€œwithin the realm of possibilities.ā€


Fraser Valley Market Stats For Marchā€¢ Single Family Detached: At $1,517,100, the Benchmark price for an FVREB single-fam...
04/03/2024

Fraser Valley Market Stats For March
ā€¢ Single Family Detached: At $1,517,100, the Benchmark price for an FVREB single-family detached home increased 2.1 per cent compared to February 2024 and increased 8.8 per cent compared to March 2023.
ā€¢ Townhomes: At $846,900, the Benchmark price for an FVREB townhome increased 1.9 per cent compared to February 2024 and increased 7.2 per cent compared to March 2023.
ā€¢ Apartments: At $555,000, the Benchmark price for an FVREB apartment/condo increased 1.6 per cent compared to February 2024 and increased 6.9 per cent compared to March 2023.

Wishing you and your loved ones a blessed and joyful Easter celebration!"
03/31/2024

Wishing you and your loved ones a blessed and joyful Easter celebration!"

New Listing In Central Abbotsford !!šŸ“32764 Haida DriveĀ Abbotsfordāœ”ļø4 Bed 3 BathUPDATED 4 BEDROOM PLUS DEN FAMILY RESIDEN...
03/30/2024

New Listing In Central Abbotsford !!

šŸ“32764 Haida DriveĀ Abbotsford
āœ”ļø4 Bed 3 Bath

UPDATED 4 BEDROOM PLUS DEN FAMILY RESIDENCE! This home boasts a meticulously maintained lot with a fenced yard and convenient RV parking. Step into the stylish kitchen featuring soft-close shaker cabinets, quartz countertops, and S/S appliances. Enjoy updated flooring, fresh paint, and a newer furnace and hot water tank.Ā 

Upstairs, find 3 bedrooms, including a primary with ensuite and dual closets. The finished basement offers a soundproof media room with a dry bar, an additional bedroom, and den. Ideal for gatherings, the layout flows seamlessly to the spacious back deck with a pergola and hot tub. Outside, discover a serene backyard oasis with a pond and a two-level storage shed with power. Perfectly situated in a central location, this home is move-in ready.

These homes, geared toward moderate-income renters, are no replacement for the more deeply affordable social housing.The...
03/23/2024

These homes, geared toward moderate-income renters, are no replacement for the more deeply affordable social housing.

The first region-wide study of its kind shows that a relatively new housing policy in Metro Vancouver has produced thousands of new below-market rental homes in recent years, built almost entirely by the private sector.

For context, there are about 34,000 independent social housing units currently in existence across all of Metro Vancouver ā€” so 9,200 units, most approved just within the past few years, represents a significant number.

These homes, geared toward moderate-income renters, are no replacement for the more deeply affordable social housing that government agencies like B.C. Housing build and operate. But with the number of social housing units built by senior governmentsĀ not meeting the need, some Metro municipalities have found inclusionary housing policies an effective way to get more affordable rental homes built by for-profit developers.

03/11/2024

Work stop order in real estate in Canada is a legal directive issued by a regulatory authority or governing body, typically a municipality or a relevant government agency. This order halts or suspends any construction, renovation, or development activities on a particular property or site.

Work stop orders are usually issued when there are concerns about the safety, legality, or compliance of ongoing construction or development projects. Reasons for issuing a work stop order may include:

Violations of building codes or regulations.

Failure to obtain necessary permits or approvals.

Safety hazards or risks to public health.

Environmental concerns such as improper waste disposal or contamination.

Disputes between parties involved in the project.

Once a work stop order is issued, all work on the property must cease until the issues prompting the order are resolved to the satisfaction of the issuing authority. Failure to comply with a work stop order can result in fines, penalties, and legal action.

Celebrating the courage, resilience, and achievements of women around the world. Happy Women's Day! šŸŒŸ
03/08/2024

Celebrating the courage, resilience, and achievements of women around the world. Happy Women's Day! šŸŒŸ

Bank of Canada holds key interest rate at 5% again, saying it's still too soon for rate cutsThe Bank of Canada has held ...
03/07/2024

Bank of Canada holds key interest rate at 5% again, saying it's still too soon for rate cuts

The Bank of Canada has held its key interest rate at fiveĀ per cent again,Ā saying that it's still too soon to consider rate cutsĀ while underlying inflation persists.

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