Royal LePage Sterling Realty - Vancouver, Burnaby and the Tri-Cities

Exciting news for first-time homebuyers! 🤩 Soon, you'll have the option of a 30-year mortgage with expanded borrowing power, making it easier to purchase the home of your dreams—no matter which one you choose! 🏠🏢🏡🏘

Learn more 👇

Federal government announces landmark adjustments to mortgage rules for first-time buyers in Canada - Royal LePage Blog | Canadian Real Estate News Those looking to buy their first home will soon be able to take advantage of a 30-year mortgage and expanded borrowing powers, regardless of…

🍁 5 Reasons Why Fall is the Perfect Time to Sell Your Home! 🏡

While the fundamentals of selling remain the same, the season can have a big impact on the market. Fall may see a slight dip in activity, but that doesn't mean your chances of a quick, successful sale are affected!

In fact, fall brings unique opportunities for sellers. 🍂 Here are 5 fantastic reasons why this season might be the best time to put your home on the market! 🚀

🌟 BIG Weekend Ahead! 🌟 Explore a variety of stunning open houses all across Metro Vancouver this weekend. Whether you're house-hunting or just curious, come find your dream home with us! 🏡✨ We can't wait to show you around—see you there!

🏡 B.C. has made free, standardized designs available to the public for small-scale, multi-unit housing. The designs will streamline approvals and reduce costs for multi-unit homes. They're customizable for different lot sizes, offering options for duplexes, triplexes, townhouses, and more.👌 With this initiative, B.C. aims to simplify the construction process and make housing more affordable for homeowners and builders.

🔗 Download the Standardized Housing Designs Catalogue and learn more here: https://bit.ly/4dZ4L6S

🎉 Welcome to the Sterling team, Kenneth Truong! 🎉
We're thrilled to have you on board, Kenneth, and look forward to achieving great things together! 🚀

📊 The August market stats are in! August is usually a bit slower for sales, and this year’s no different. We’re about 20% below the 10-year average, with buyers still feeling the pinch from higher borrowing costs 💸 despite recent rate cuts. But with another rate cut from the Bank of Canada and September typically bringing a boost, we're hopeful more buyers will jump back in soon! 🍂

This weekend, we’re showcasing these beautiful, conveniently located condos! Come by this Saturday and Sunday to see them in person. We can't wait to help you find your perfect fit. 🏘️✨

As we enter September, people are shifting their focus back to work, school, and perhaps lifestyle changes like relocating. Throughout the fall, the market is expected to pick up, and this third rate cut will hopefully give it an extra boost! 🚀

Overnight lending rate falls to 4.25% as Bank of Canada makes third consecutive cut - Royal LePage Blog | Canadian Real Estate News Canada’s central bank has made a third cut to its overnight lending rate this year, lowering borrowing costs for existing and aspiring homebuyers yet…

📜 A recent decision by the British Columbia Court of Appeal has clarified the implications of the 'Double Default Rule.' 🏠 When both parties fail to close a real estate deal on the appointed date, or neither side upholds their end of the agreement, the situation can get complex. Understanding this rule, along with clear communication 🗣️ and acting in good faith 🤝, can be crucial in navigating these challenges effectively.

Credit: https://renx.ca/double-default-what-happens-when-neither-party-is-ready-to-close

🎉 Happy Labour Day Weekend, Vancouver! 🎉

There’s so much happening around Metro Vancouver to soak up the last days of summer! Check out our top 3 picks for families and foodies:

🌏 TaiwanFest
Celebrate Taiwanese culture. Indulge in amazing Taiwanese food, explore the market vendors, and relax in the beer garden.
Event details: vancouvertaiwanfest.ca

🇯🇵 Nikkei Matsuri Japanese Festival
Experience Japanese culture with family-friendly activities, live performances, and more. A perfect event for those who love arts, crafts, and delicious Japanese cuisine!
Event details: nikkeimatsuri.nikkeiplace.org

🎈 Metro Vancouver Labour Day Celebration
Bring the family for bouncy castles, live music, and delicious food! Learn more about unions and community organizations at the info booths.
Event details: vdlc.ca/events/metro-vancouver-labour-day-celebration-2

Enjoy the festivities, everyone! 🌞

Image credit: TaiwanFest Vancouver

It’s all happening on Whiting Way this weekend! 🌟 Whether you're looking for luxury living 🏢 or investment potential in a prime location 📍, these condos won’t disappoint!

🔗 https://sterlingrealty.royallepage.ca/index.php

👋 Meet Jessica Chen-Sargent! Committed to going the extra mile, Jessica is dedicated to helping clients achieve their real estate goals through proven strategies, ethical representation, and a personal commitment to success. With her award-winning experience 🏆 and deep market knowledge, Jessica is a trusted expert when it comes to navigating the real estate landscape.

Fluent in English, Cantonese and Mandarin, Jessica bridges communication gaps and builds strong relationships with her clients. Whether you're buying or selling in Port Moody, Coquitlam, Port Coquitlam, or anywhere from Vancouver to Maple Ridge, Jessica’s expertise in risk management and local market insights make her an invaluable partner in your real estate journey. 🏘 ✨

Reach out to Jessica on Facebook at Real Estate Evolved - Jessica Chen-Sargent, or visit https://realestateevolved.com/

Young Canadians are up against high home prices, interest rates, and living costs, but that’s not stopping them from dreaming of owning a home. 💭 🏠

A recent Royal LePage® survey found that 84% of Gen Z and young millennials (ages 18-38) still believe buying a home is a smart long-term investment. 📈 Among those who do not currently own a home, 75% say they are planning to purchase a property as a primary residence in their lifetime. They’re committed to saving and looking into options like shared ownership and renting out part of their place to make it work. 🏘

Gen Zs and young millennials still believe in home ownership, and they’re willing to make sacrifices to achieve it - Royal LePage Blog | Canadian Real Estate News While young homebuyer hopefuls in Canada are facing more financial obstacles today – including higher home prices, interest rates and cost of living than…

Meet Amanda Clune! 👋 Amanda is a newer member of our Royal LePage Sterling team, bringing a fresh perspective and a strong commitment to excellence. With a diverse background in personal training and the events industry, she blends exceptional customer service with meticulous attention to detail. Amanda is dedicated to ensuring that her clients enjoy a seamless and positive real estate experience. 🏡

As a lifelong resident of Coquitlam and Port Moody, Amanda has an intimate understanding of these vibrant communities. 🎭 🌳 Her deep roots in the area give her insider knowledge of the local market, including the hidden gems, family-friendly neighbourhoods, and top-rated schools. 🎓She'll ensure you find the best spots and the perfect place to call home.

Outside of real estate, Amanda loves yoga, getting outside with her family and taking in all that the Tri-Cities region has to offer!

👉 Reach out to Amanda at 🔗 https://amandaclune.royallepage.ca/

🌟 Join us in Coquitlam, Port Coquitlam and New Westminster this weekend! 🌟

🏡 For these listings and more, visit https://sterlingrealty.royallepage.ca/

Ah, Burnaby. 💗 Nestled between the hustle and bustle of Vancouver and the beauty of the mountains, Burnaby offers the perfect balance of urban convenience and natural tranquillity. With its wide open spaces and Burnaby Mountain, there's always a place to escape and enjoy the outdoors. 🌳 🗻 Plus, the community is diverse and welcoming, with fantastic schools, cultural events, and a growing food scene that celebrates flavours from around the world. 🍜

Brighten up your home's exterior this summer! 🌟🌿 Check out these five easy tips to boost curb appeal.

5 tips to boost your home’s curb appeal - Royal LePage Blog | Canadian Real Estate News Curb appeal encompasses the attractiveness, charm, and overall visual impact of a property’s exterior. It can include landscaping, architectural features, cleanliness, maintenance, and exterior…

Discover your new home or investment this weekend! 🌟 Explore these stunning condos perfectly situated for convenience and comfort. Don't miss out – join us for a viewing! 👀

Head to https://sterlingrealty.royallepage.ca/ for more info.

The July stats are in! 📈 The overall market is experiencing balanced conditions with a healthy level of inventory in Metro Vancouver and price trends levelling out. 🏠

The B.C. government has backtracked on part of the new eviction notice rules for landlords. 🏠 As of Aug 21st, home purchasers will only need to give tenants three months' eviction notice (instead of four), meaning tenanted properties are back on the table for first-time home buyers and buyers putting less than 20 per cent down. 👏

Learn more 👇

B.C. backtracks on part of eviction-notice rule changes for landlords | CBC News The B.C. government has backtracked on part of new eviction-notice rules for landlords that had required them to give four months' notice if they plan to occupy the property for personal use. The period is being reduced for home purchasers planning to occupy a home.

🎉 We're looking forward to getting out and enjoying the festivities this long weekend! Here’s a glimpse of what's happening from Aug 3rd to 5th in Metro Vancouver:

🏳️‍🌈 VanPride Fest and Pride Parade: Aug 1-4, various locations. Celebrating Pride across the country!

🎌 Powell Street Festival: Aug 3-4, Oppenheimer Park. Free celebration of Japanese arts and culture.

🎨 Harmony Arts Festival: Aug 2-11, West Vancouver waterfront. Music, visual, and culinary arts galore!

🎆 White Rock Sea Festival & Semiahmoo Days: Aug 2-4, Memorial Park. Family fun with outdoor movies, live performances, parades, and fireworks.

🌞 Tsawwassen Sun Festival: Aug 3-5, Winskill Park. Games, competitions, and attractions for everyone!

Open houses this Sunday, August 4th 2-4PM! 🏠 🏡 🏘 1, 2, 3 and 4 bedroom options!

For these gems and more, head to https://sterlingrealty.royallepage.ca/

See you there! 👋

Great news for first-time homebuyers in Canada! Starting August 1, 2024, first-time buyers can now access 30-year amortizations for insured mortgages on new construction homes. ✨ This change from the federal government aims to lower monthly payments, making homeownership more affordable, while also incentivising the construction of new homes. 🏡

If you’re a first-time buyer shopping for a new construction home and plan to take out a 30-year mortgage, here are some of the requirements you’ll need to keep in mind.

Learn more at https://www.canada.ca/en/department-finance/news/2024/06/30-year-mortgages-for-first-time-buyers-of-new-builds.html

More than half of Canadian mortgages will renew before the end of 2026. 🏘 With the Bank of Canada lowering its overnight lending rate to 4.50% on July 24th, many of us are now wondering which mortgage type we should choose upon renewal — a fixed rate, variable rate, or a combo.

📈 Anticipating interest rate fluctuations and adjusting your financial strategy accordingly can significantly impact the management of your long-term mortgage. Here are three strategic lending options to consider and discuss with your lender or broker come renewal time!

Learn more at https://blog.royallepage.ca/fixed-or-variable-rate-heres-how-to-prepare-for-your-mortgage-renewal/

A second cut to the overnight lending rate signals our economy is moving in the right direction! Mortgage qualification thresholds are continuing to come down, giving sidelined buyers the confidence they need to make their return to the housing market. 🏘 We expect to see a boost in activity in the short term, followed by more demand in the fall. 🍂

Voted one of Canada's most liveable cities, Richmond has it all 🌟 - a thriving multicultural community, natural beauty 🌳, culture, heritage, and super convenient transport links ✈. Not to mention front-row seats to waterfront views! 🌊

Head to https://sterlingrealty.royallepage.ca/ to find out what's available in Richmond.

Meet the dynamic real estate duo Meghan Shaw and Jayne Edwards! 👋 Meghan and Jayne bring their combined expertise and passion for real estate to the Tri-Cities area. As sisters-in-law and long-time residents of the community, they have deep roots in the region, offering a unique blend of local knowledge and professional excellence. ✨

Meghan Shaw, has an impressive background in sales and marketing, having graduated from BCIT in 2011. Since earning her real estate license in 2014, Meghan has been dedicated to providing exceptional service to her clients, always prioritizing their needs and delivering outstanding results. Her strong foundation in time management, organizational skills, and communication has led to glowing client reviews, praising her professionalism and unwavering commitment. 🏠

Jayne Edwards brings a legacy of real estate excellence and a rich 26-year background in the insurance industry. Her attention to detail, strong negotiation skills, and dedication to going above and beyond ensure an exceptional real estate experience for her clients. 🤝 Jayne demonstrates pride and dedication to the profession, continuously striving to exceed her clients' expectations.

Together, Meghan and Jayne form the powerhouse that is Shaw Edwards Realty Group - Royal LePage Sterling , committed to turning their client's real estate dreams into reality with unparalleled service and a proven track record of success. ⭐ Reach out to the team at https://www.shawedwards.com/.

Don't let that small outdoor space cramp your style 🪴. Discover how to transform a compact outdoor area into a comfortable, stylish retreat,🌿 without blowing your budget!

How to create an outdoor oasis for your condo balcony or small patio this summer - Royal LePage Blog | Canadian Real Estate News Don’t let a small outdoor space cramp your style – there are plenty of ways to create a usable, yet charming, oasis in even…

We have a fantastic lineup of open houses this weekend across Greater Vancouver for your viewing pleasure! Come say hi! 😄🏠

For these listings and more, head to https://sterlingrealty.royallepage.ca/