February 2022 Newsletter
Andy Schildhorn • February 19, 2022
Hello, it is Andy Schildhorn Macdonald Realty and welcome, to our February 2022 Newsletter.
I have the stats. Click onto our recorded Facebook live session and see where our local real estate market is going.
Hendrik called when it was time to give up the family home. With input and participation from all family members it was a time to remember and then move on, to a new phase of life. Thank you for letting me be part of this family event.
Our Langley Market Report is showing detached home prices are up 41.1% from last year with listings down by 36.8% and sales volume also down by 8.7% year over year. The same could be said for Condos and Townhomes in the Langley area. It is a Seller’s market out there.
The Odlum Brown Fort Langley Jazz and Art Festival announced applications are now being accepted for their 2022 Rising Star Jazz Musician Award.
Rita Cousins Mortgage Broker discusses the difference between fixed and variable mortgage rates.
Looking to buy your first home? Irina Bartnik Notary Public, gives us the lowdown on Property Transfer Tax Exemptions.
2022 brings the Year of the Tiger. Are we in for a passionate, tumultuous year?
Well, that is it for this month. Days are getting longer with Spring around the corner. Spring into new plans and ideas. If they involve real estate, then let’s sit down and make a plan.
Thanks for dropping by, have a great day and I look forward to meeting with you soon.

As the urban sprawl of Vancouver, B.C., and nearby Langley pushes land prices higher, Aldor Acres Family Farm’s decision to keep the farm in the family for another generation makes it an anomaly. However, the next generation to run the popular agri-tourist destination inherits the challenge of preserving the farm’s values while their way of life declines around them. “When I grew up in this area, 2 per cent of my high school class was non-agricultural,” says Albert Anderson, 82, who bought the Glen Valley farmland alongside his wife, Dorothy, 81, in 1977. “Now it’s the other way around; maybe 2 per cent of the people in this area are connected with agriculture.” Over the years, the Andersons have turned those 80 acres of land near Fort Langley into a destination with a pumpkin patch, seasonal market, wagon rides, and farm animals, emphasizing an educational experience for visitors. During the October high season, Aldor Acres can have 4,000 visitors in a day. The Andersons are in the process of transferring the farm business to their granddaughter, Melissa Anderson, 37. Across Canada, family farms are facing a similar transition. Data from RBC found that by 2033, 40 per cent of farm operators will retire, one of the biggest labour and leadership transitions in Canada’s history. The next generation to take over the farm will face the allure of rising land values. For many multi-generational farms, the strategy is to wait for the city’s expansion, says Elaine Froese, a Manitoba-based family farm transition expert. “I’ve worked all over Canada, (some family farms) are sitting on $20-million worth of land, and they’re very clear that they’re keeping the hog line going until that little village or town encroaches on them and then they’re selling out to developers,” she says. “That’s the reality.” Read More