Farzad Arif - Real Estate Services

This perfect SHOW HOME with a MODERN FARMHOUSE FEEL ticks all the boxes. STYLISH remodelled kitchen with designer cabinetry, gas stove, stainless-steel appliances, quartz counters and oversized windows with a cozy fireplace that opens up to your covered deck. Formal living/dining room, REMODELLED BTHRMS, large den/bdrm on main floor near the front door for upstairs use, perfect for client visits. NEW ROOF 2023 & HEAT PUMP offering A/C. Laundry is located on main floor so it can be accessible from the suite. Above ground, bright 1 bdrm suite with no stairs. South-exposed fully fenced backyard with VEHICLE ACCESS & ROOM FOR A SHOP, double garage & large driveway, all on a quiet street. Walk to the new shopping district opening 2025. Open house Sat, Mar 2nd 2-4pm.

27108 27b Avenue, Langley, BC, V4W 3C2 This perfect SHOW HOME with a MODERN FARMHOUSE FEEL ticks...

Best Mortgage Rates In B.C. For October 2023 – Forbes Advisor Canada
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Best Mortgage Rates In B.C. For October 2023 – Forbes Advisor Canada In October 2023, Nesto, Dominion Lending Centres, The Mortgage Centre, and Island Savings are offering some of the best mortgage refinancing rates in the market, with rates significantly below the national average. All these services offer competitive rates and closing timelines, though they are not...

Home Sales in British Columbia Increase by 10% in September
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Home Sales in British Columbia Increase by 10% in September In October 2023, the B.C. Real Estate Association reported a 10% increase in home sales compared to the same time last year, due to strong demand, favorable economic conditions and government initiatives. However, an increase in interest rates impacted affordability and tempered market conditions.

Province to limit short-term rentals in some B.C. communities, but not all
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Province to limit short-term rentals in some B.C. communities, but not all The BC government has introduced legislation to limit short-term rentals in some areas of the province, with the goal of creating more housing for those in need. The legislation requires that homeowners can only operate a short-term rental business if it is their primary residence or one other unit....

Find out if it's time to sell your home
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Greater Vancouver home sales fall 26% below 10-year average
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Greater Vancouver home sales fall 26% below 10-year average In September 2023, the Real Estate Board of Greater Vancouver reported that home sales had increased 13.2% compared to the same month in the previous year, but were still 26.3% below the 10-year seasonal average. The benchmark price for detached homes was steady at north of $2 million, and the sales...

The Real Estate Market in Greater Vancouver Sees Increase in ...
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The Real Estate Market in Greater Vancouver Sees Increase in ... The Real Estate Board of Greater Vancouver (REBGV) reported that the housing market in Greater Vancouver is experiencing an increase in homeowner interest and new listings. The composite benchmark price for the area is $1.2 million, showing a 4.4% increase from September 2022. The data for September...

As inventory increases, price gains relent in Metro Vancouver to begin the fall season
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As inventory increases, price gains relent in Metro Vancouver to begin the fall season In September 2023, Metro Vancouver's housing market saw abated price gains due to a seasonal decline in sales and a modest increase in inventory levels, which was driven by a reluctance of homeowners to list their homes due to high mortgage rates. New listings rose back to the 10-year average, allow...

More Canadians Plan To Buy, Sell Homes In Next Year: Survey
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More Canadians Plan To Buy, Sell Homes In Next Year: Survey Last month saw a flat performance in home sales in many major Canadian markets, and experts predict this trend to continue in the fall and winter markets. A survey conducted by Dye & Durham Corporation found that 10% of Canadians plan to revisit their buying and selling plans in the next year, in co...

Greater Vancouver Home Prices See Second Straight Month-Over ...
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Greater Vancouver Home Prices See Second Straight Month-Over ... Home prices in Greater Vancouver have seen a two month consecutive increase, with detached properties rising 1.6%. This is the first time such an increase has been seen since summer 2018. Additionally, sales activity has increased 11.2% compared to the same month last year.

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Metro Vancouver region facing potential wave of development fee increases
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Metro Vancouver region facing potential wave of development fee increases Metro Vancouver is proposing a significant increase in development cost charges (DCCs) on single-family homes and townhomes over the next three years. This increase would start in 2025 and would be an increase of 240% for single-family homes and 256% for townhomes. The DCCs are collected by Metro Va...

Guide to Refinancing a Mortgage in B.C.
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Guide to Refinancing a Mortgage in B.C. Refinancing a mortgage is a process in which a homeowner obtains a new mortgage to pay off their existing mortgage, which can result in a lower interest rate, access to home equity as cash, or both. This process is similar to getting a purchase mortgage, and requires the homeowner to provide persona...

Metro Vancouver suburbs gain commercial strength as downtowns wane
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Metro Vancouver suburbs gain commercial strength as downtowns wane Suburban markets in Western Canada cities such as Richmond, Surrey, New Westminster and North Shore have seen their office vacancy rate remain the same or decrease, while downtown Vancouver has seen an increase. Lower prices, free parking and other factors are driving this suburban move, which is mi...

B.C. looks to set up housing development program for middle-income residents
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B.C. looks to set up housing development program for middle-income residents The Province of British Columbia is planning to address the housing crisis by creating a program to build housing for middle-income residents, which is rare for governments, as they usually focus on affordable housing for lower-income households. The Province has already allocated $ 3.3-billion to h...

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B.C. will take 'bigger role' in addressing short-term rentals, housing minister says
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B.C. will take 'bigger role' in addressing short-term rentals, housing minister says BC's Housing Minister Ravi Kahlon has confirmed that the province will introduce new legislation in the fall to take a bigger role in addressing short-term rentals. This comes in response to a McGill University study which found that British Columbia's renters are paying 20% more than they should du...

Short-term rentals in B.C. causing significant increase in prices for long-term renters: report
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Short-term rentals in B.C. causing significant increase in prices for long-term renters: report A new report from McGill University commissioned by the British Columbia Hotel Association found that British Columbia's long-term renters have been paying an extra $2 billion in rent between 2016 and 2019 due to the impact of short-term rentals such as Airbnb and VRBO. The study recommends a provin...