Maximizing Your Laundry/Mudroom During Your Home Sale

Kim PhillipsHomeowner Hacks, Real Estate

When it comes to Fraser Valley Real Estate, we have a comprehensive and in-depth understanding of what buyers are looking for in a home. In Surrey, Langley, Cloverdale and South Surrey, many potential buyers will be looking for a home that can accommodate the unique needs of a family. They are particularly looking for extra storage, pantries, closets and functional … Read More

Our Trusted Service Providers

Kim PhillipsReal Estate

Thinking of selling your home in the Lower Mainland? If you’ve moved in the past, you know that you need the right people on your side to help prepare your home for sale and assist in the transaction.  If you’re looking for a REALTOR® in the Fraser Valley region, we would love to work with you! The Kim Phillips Real … Read More

New Mortgage Stress Test Rules Start June 1st

Kim PhillipsReal Estate

“For many Canadians, the most important investment they will ever make is the purchase of a home. Increasingly, however, that dream is becoming unaffordable and unattainable. The recent and rapid rise in housing prices is squeezing middle class Canadians across the entire country and raises concerns about the stability of the overall market.” Starting June 1st, 2021, the Office of … Read More

Reasons To Sell Your Home In The Summer

Kim PhillipsReal Estate

Your Home Will Look It’s Best: Summer in the Fraser Valley is truly a beautiful time of year. In the summer, the trees, flowers, and curb appeal is at its peak which in turn can increase the value of your home. Not only will this mean your showings will be more positive, the photos will also be at their best. … Read More

OSFI Considers Increasing Stress Test For Uninsured Mortgages

Kim PhillipsReal Estate

Sound residential mortgage underwriting is always important for the safety and stability of financial institutions; today it is more important than ever. – Jeremy Rudin, Superintendent The Office of the Superintendent of Financial Institutions (OSFI) restarted its consultation on the minimum qualifying rate for uninsured mortgages, and re-emphasized the importance of sound mortgage underwriting. This is likely stemming from several … Read More

2020 Speculation & Vacancy Tax Declaration

Kim PhillipsReal Estate, Tips

Let’s Talk about the Speculation & Vacancy Tax! You would have received your declaration letter between mid-January to mid-February in the mail. This is a friendly reminder that your Speculation & Vacancy Tax Declarations are due March 31st, 2021. It’s easy to submit your declaration online HERE. Not familiar with the Speculation & Vacancy Tax Declarations? Read below for more … Read More

Fraser Valley Housing Market Update – February 2021

Kim PhillipsReal Estate

Can you believe it’s March already? It seems like February was gone in the blink of an eye. February was yet another record breaking month for property sales in the Fraser Valley. Our team completed 10 deals for our valued buyers and sellers! *Chris Shields, President of the Board said of this month’s record numbers, “This is new territory for … Read More

Your BC Property Assessment For 2021

Kim PhillipsInside Fraser Valley, Real Estate

It’s that time of year again! The B.C. Assessment Authority released its online record of property valuations for 2020. BC Assessment collects, monitors and analyzes property data throughout the year. Property assessments are based on property values as of July 1st of every year. Interested in learning more about the assessment process, appeals and what the results mean for you? … Read More

August 2020 Market Update

Kim PhillipsInside Fraser Valley, Real Estate

Woah, we cannot believe we are already heading into Fall! We don’t know about you, but we are kind of excited to see what Fall will bring. Don’t get us wrong though, we are still loving these warm, sunny days. Despite a global pandemic, things have been busy and business as usual (okay, well maybe not just the same as … Read More

Mortgage Qualifying changes for July 1

Kim PhillipsReal Estate

COVD-19 has impacted people in so many ways and has brought uncertainty for our community, but amongst all of this, the housing market activity picks up in the Fraser Valley. In May Fraser Valley listings and property sales started to bounce back as Realtors helped their clients get adjusted to the new normal. The changes that were announced this past week … Read More