March 2018

Guest Blog: Buying a Condo - and Inheriting a Tenant

Posted on Mar 16, 2018

By Oscar Miklos

Are you buying a condo, where a tenant currently resides? Residential tenancies are ongoing and often long-term relationships between a landlord and their tenant. So, what happens when a new owner comes in?

Upon purchasing a property, the rule of thumb is that you inherit all the liabilities and obligations of the previous owner, unle...

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NORTH DELTA REAL ESTATE MARKET STATISTICS – FEBRUARY 2018

Posted on Mar 07, 2018


North Delta Real Estate Market Update for February 2018
In the North Delta market, the benchmark sale price was $944,800 for detached homes. At the end of the month, there were 95 active listings and 39 sales.
The condo market had 6 sales and 11 active listings. The benchmark sale price was $394,100.Townhomes featured 7 sales, 9 active listings and a...

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Lack of supply continues to command Fraser Valley housing market

Posted on Mar 02, 2018

SURREY, BC – Despite slight increases to both active and new inventory in the Valley, overall supply in February remained well below the ten-year average for the month historically. 
The Fraser Valley Real Estate Board processed 1,385 sales of all property types on its Multiple Listing Service® (MLS®) in February, a decrease of 0.8 per cent compared...

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