Blog Post

May 2021 Newsletter

Andy Schildhorn • May 20, 2021

Hello and Welcome to our May Newsletter.

Governments have tried with the Vacant Home Tax, Foreign Buyer Tax and the Stress Test to cool Real Estate markets. Temporary relief was seen however not sustained. Now changing the capital gains exemption on your home is being considered. What are the consequences? 

Our featured listing is 21975 100th Ave. Superbly located just outside of Fort Langley. The home has been tastefully renovated. Here is 4.2 acres of privacy. It is a must “go see” if acreages are for you.

Selling Carole’s home was a bit of a challenge. Not only was there Covid to deal in keeping the Tenants safe. Carole lives in Paris which presented other considerations. All in all everything worked out well. Thank you, Carole.

Our Langley Infographic is showing pricing up 29.4% for detached homes. Condos up 10.9% and townhomes up 16.8% over last year.

One of the best ways to see what is happening in Langley is the Langley Tourism website. Lots of Covid friendly activities are highlighted there.

Rita Cousins, Mortgage Broker, has a handy dandy mortgage app to keep track of numbers when purchasing that new home.

Irina Bartnik Notary Public, talks about the new Land Owner Transparency Registry. No more hiding behind numbered companies.

In the news is an article on how the market is starting to cool. I am sure we will see some leveling off of those red hot numbers.

Well that’s it for this month. If you were holding off purchasing your new home, perhaps the window of opportunity is coming up. I am only an email, text or phone call away to answer all your real estate questions.

Thanks for dropping by, have a great day and I look forward to hearing from you soon.
By Andy Schildhorn 08 May, 2024
The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.
By Andy Schildhorn 08 May, 2024
📣 "I would argue that passion is more important than brain power" - Charlie Munger
By Andy Schildhorn 07 May, 2024
Two ducklings were plucked from a storm drain Monday afternoon by Langley Township firefighters. Read more here
More Posts
Share by: