The Magic Seven πŸ’° 7 Money Moves to Make Before You Buy a Home.

Andy Schildhorn • June 30, 2025

🏑 Thinking of buying a home in 2025? Before you scroll through listings or walk into an open house, make sure you understand The Magic Seven — the 7 financial steps every smart buyer should take.

 

πŸ’‘ In this video, I cover:

1️⃣ Check your credit (and how to avoid score dings)

2️⃣ Get a proper mortgage pre-approval — not just a rate hold

3️⃣ Understand the stress test (and how it limits your budget)

4️⃣ Use first-time buyer programs to save thousands

5️⃣ Know your down payment rules

6️⃣ Budget for closing costs (they add up!)

7️⃣ Decide between fixed or variable rates — what’s best right now?

 

🎯 These are the real steps I walk Buyers through every day here in Langley and the Fraser Valley. Want to plan your next move with confidence? Let’s chat.

πŸš— Live Traffic Views in Langley

By Andy Schildhorn • November 13, 2025
The Township of Langley Traffic Cameras for up to date traffic information. Click here

πŸ—οΈPre-zoning to up to 12-storey in parts of Langley Township

By Andy Schildhorn • November 12, 2025
Langley Township will allow buildings between six and 12 storeys tall in pre-zoned areas along parts of 200 Street, council has decided at its Monday, Nov. 3 meeting. πŸ‘‰ More Details Here

🏑 Fraser Valley Market Update | October 2025

By Andy Schildhorn • November 11, 2025
Fraser Valley home prices have now fallen for seven straight months — here’s what it means for buyers and sellers. πŸ“Š October 2025 Fraser Valley Market Overview Fraser Valley home prices have now fallen for seven straight months — the longest correction since 2019. According to the Fraser Valley Real Estate Board’s October report: 🏠 Sales: 1,123 homes sold (+17% MoM / –16% YoY) πŸ“ˆ Active Listings: 10,121 (+15% YoY) πŸ“‰ Sales-to-Active Ratio: 11% → firmly a buyer’s market πŸ’° Benchmark Prices 🏑 Detached: $1,411,900 (–0.6% MoM / –5.1% YoY) 🏘️ Townhomes: $786,000 (–1.2% MoM / –5.6% YoY) 🏒 Condos: $506,400 (–0.8% MoM / –6.8% YoY) πŸ“Š Composite: $919,900 (–0.7% MoM / –5.3% YoY) πŸ’Ή Interest Rates & Economy The Bank of Canada rate holds at 2.25%. Inflation is easing, but tariffs and a slower global economy add uncertainty. Major banks remain split — some expect stability through 2026, others forecast small rate cuts next year. πŸ’¬ Real Client Story One of my recent clients moved from Vancouver Island to Langley to be closer to family — proof that even in a slower market, the right timing and strategy still create success. πŸ“– Read her review: πŸ‘‰ https://rankmyagent.com/agent/reviews/171562 🧭 What This Means for You If you’re buying, inventory is strong and competition is light. If you’re selling, pricing for today’s reality — not last year’s memory — is key. After seven months of price declines, the market is recalibrating — not crashing. With realistic pricing and a clear plan, opportunities are still out there.
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