PJ Cheema & Razaik Cheema - Video Blogs & Articles

Multigenerational Home Renovation Tax Credit

Posted on Feb 21, 2023

According to Stats Canada for 2021, 6.4% of the total population live in multigenerational households. With housing prices and cost of living increasing, this number is also going to increase.

Effective January 1, 2023, the government introduced the Multigenerational Home Renovation Tax credit to help families live together.

This tax credit applies t...

Surrey, Cloverdale, and Langley Housing Market Update - Feb. 19, 2023

Posted on Feb 19, 2023

So far in Surrey, there are 18 single family homes sold, 19 townhomes sold and 30 condos sold.

Whereas in Langley, 11 single family homes have sold, 15 townhomes sold and 14 condos sold.

As you know, the past week few weeks, we've been talking how buyer activity has picked up and there are more showings at listings, open houses are busier and even so...

Should you sell first and then buy, or buy first and then sell? That's the million dollar question!

Posted on Feb 15, 2023

It depends on several factors - the state of the real estate market, your personal financial situation, and your plans for the future.

Let's talk about selling your home first!

If you're looking to sell your home first, it can work better in a slow market. You can get a nice deposit on it, negotiate for longer closing dates and once it becomes firm...

Surrey, Cloverdale, and Langley Housing Market Update - February 12, 2023

Posted on Feb 12, 2023

The real estate market is getting busier. More buyers and sellers are beginning to enter the market and that shows in the numbers.

12 days into February we already have almost 200 more listings in the market and over 120 more sales. When talking to our lenders, they have also noticed an increase in accepted offers.

Surrey detached homes, condos and L...

January 2023 Fraser Valley Housing Market Update

Posted on Feb 09, 2023

Here is your housing market update for January 2023.

No it is not as crazy as it was during the peak last year, but it is also not as slow as it may seem. Among the industry, we have noticed that buyer activity is picking up.

Although there was a slow start in sales this month, there are more showings at listings, open houses are busier and multiple...

Surrey, Cloverdale, and Langley Housing Market Update - Feb. 5

Posted on Feb 05, 2023

Surrey saw the most homes comes to the market this past week with 51 new listings for detached homes, 37 for townhomes and 48 for condos.

Cloverdale had a slower week as only 31 total new listings came to the market in Cloverdale for single family homes, townhomes and condos.

Langley had mixed results. Only 27 new listings for detached homes which in...

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