Andy Talks Real Estate & More 🏡📅 - August 9th, 2024

Andy Schildhorn • August 16, 2024

📞 Book a call/meeting at a time convenient to you - https://calendly.com/andyschildhorn

 

Join me as I discuss the latest real estate trends in the Fraser Valley, the unique challenges faced by the sandwich generation, and why Langley continues to stand out in the market.

 

Here's a quick overview: 

 

📉 Market Overview: 

  • Sales Decline: July was a quiet month with 1,230 sales, down 7% from June and 26% below the 10-year seasonal average. 
  • Rising Inventory: Inventory levels reached a 10-year high with 8,731 active listings, up 41% from July 2023.
  • Balanced Market: The sales-to-active listings ratio is 14%, indicating balanced market conditions, though some areas are experiencing a buyer’s market.


🤔 What This Means for You: 

  • Downsizing & Helping Family: Many are navigating the complexities of downsizing and helping their children enter the market.
  • Market Position: Detached homes are entering a buyer's market, while townhomes remain in demand due to affordability.
  • Langley's Strength: Langley is bucking the trend, maintaining a balanced market and strong appeal due to its central location, amenities, and good governance.


🏡 Key Numbers: 

  • HPI Benchmark Prices: Detached homes: $1,259,600, Townhomes: $848,800, Condominiums: $551,000.
  • Langley Specifics: Detached homes slightly down to $1,637,500, townhomes slightly up to $872,600, and condos steady around $618,000.


Dealing with real estate challenges, whether it’s helping your children enter the market or managing your own downsizing, I’m here to help. With extensive experience, I can guide you through these decisions.

 

Full statistical information can be found here

 

What are your thoughts on the current market trends?

 

Share your insights in the comments below!

 

📅https://calendly.com/andyschildhorn

📞 778.835.8957

📧 andy@andytherealtor.com

🌐 www.AndytheRealtor.com

 

📺 Subscribe for more real estate advice and tips! Your Langley and Fraser Valley Realtor.

 

🏡 Thanks for watching, and see you next week! 👋


By Written by Steven Brennan Mortgage Industry News December 5, 2025
A new global analysis suggests Canada’s major metros are among the hardest places on earth for young people to buy their first home, with Vancouver, Toronto and Montreal ranking near the bottom of a 70-city affordability index. The study, from UAE-based developer Bloom Holding, estimates the typical first-time buyer in Vancouver enters the market at age 46, while those in Toronto and Montreal reach homeownership at around 40 and 39, respectively. The findings echo a broader North American trend. In the United States, the median first-time buyer age has climbed to a record 40, according to the National Association of Realtors — up from 33 just a few years ago — as higher rates and decade-long price gains delay ownership for younger households.  👉 Read the Article Here
By Andy Schildhorn December 4, 2025
Thinking about selling your home? In this video, I break down the Six Seller Essentials you need to know before you list. These insights come from 30 years of helping families buy and sell across Langley and the Fraser Valley, and they’ll give you a real advantage in today’s market. 📅 Book a time with me https://rly.forsale/Chat-with-Andy 🏡 What you’ll learn today 1️⃣ Why today’s market is slower than it looks 2️⃣ How smart pricing attracts serious buyers 3️⃣ Why a single offer can reveal more than you expect 4️⃣ How timing can protect or erode your equity 5️⃣ Why experience matters even more in a slower market 6️⃣ How to build a plan that fits today’s conditions 🎅 You’re invited to Santa Photos in Fort Langley Join us at 9160 Church Street between 1 and 5. Families, friends, and pets welcome. All donations support LAPS. 📍 About me I’m Andy Schildhorn with Macdonald Realty. Your Langley and Fraser Valley Realtor. 30 years helping sellers make smart, confident decisions. ☎️ Let’s connect Book a meeting: https://rly.forsale/Chat-with-Andy
By Andy Schildhorn December 3, 2025
Our experience having Andy as our realtor was very good! We sold our house with Andy, bought a condo , sold the condo and now bought a townhouse with Andy as our realtor. 👉 Full Review Here
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