June 2021 Newsletter

Andy Schildhorn • June 21, 2021

Hello and Welcome to our June Newsletter.

Starting June 1st, Canadian homebuyers faced tougher mortgage stress test rules. This should, I am told, affect buying power, by about 5%.

Our Featured listing this month is 21975 100th Ave. Here we have a completely renovated 3,000 sq.ft home sitting on a very private 4.2 acres. Give me a call and we will set up a private showing.

Egon and Benita Warkentin were such great clients and neighbours. Bittersweet to see them move on to new adventures. All the best to both of you and family.

Our Langley infographic is showing detached home prices are up 34.2% with listings down 10% and sales volume up 223.7% year over year.  Condos and Townhomes are following similar trends.

I am not a golfer. Have tried it a few times and it never stuck. Langley has some of the best greens around. Take a meander and check them out.

Rita Cousins walks us through the 4 important steps of buying a home with a mortgage broker and what vital roles she plays in the buying process.

Irina Bartnik, Notary Public, discusses the Land Owner Transparency Registry and what “Beneficial Ownership” means.

In the news, we dig a bit deeper, into the Land Owner Transparency Registry and how there is a 90 day holding period before information is publically released.

So that’s it for this month. Covid is quickly being left behind. I am sure everyone is looking forward moving forward with their lives, which may include making a change on where you live. Call me, text me or email me and we can start discussing your real estate needs looking at the whole picture right up to and including moving into your new home.

Thanks for dropping by, have a great day and I look forward to seeing you soon.
By Andy Schildhorn July 17, 2025
The Township of Langley Traffic Cameras for up to date traffic information. Click here
By Andrew Seale | The Globe and Mail July 16, 2025
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
By Andy Schildhorn July 15, 2025
On May 27, 2025, the Federal Government issued a press release that provides for a Goods and Services Tax (“GST”) rebate for first time home buyers (FTHB) of new homes (and co-ops). Read More
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