Your Fraser Valley Real Estate Market Update
Buyers of Fraser Valley real estate had significantly more inventory to choose from last month due to a record-breaking volume of new listings received for the month of February.
Here is the summary of the market for February, 2022
Total Sales Processed - 1,824
Total New Listings - 3,742
Total Active Listings - 3,790
For the Fraser Valley region, the average number of days to sell an:
Single Family Detached - 13 Days
Townhomes - 11 Days
Apartment (Condos) -12 Days
Of the total transactions Fraser Valley Real Estate Board processed:
684 were Single Family Detached
448 were Townhouses
519 were Apartments (Condos)
HPI Benchmark Price Activity
Single Family Detached
Benchmark Price - $1,670,800
Price increased 43.6% compared to February 2021
Price increased 6.5% compared to January 2022
Townhomes
Benchmark Price - $840,900
Price increased 40.1% compared to February 2021
Price increased 5.6% compared to January 2022
Apartments/Condos
Benchmark Price - $614,800
Price increased 36.3% compared to February 2021
Price increased 7.1% compared to December 2021
For the most updated market information on what is happening in your neighborhood, give me a call at 604 308 6404 or e mail at RealtorNischal@gmail.com.
The support of a real estate expert goes a long way when navigating a busy market in the Fraser Valley..
Reminder: As you know that I am in real estate investment and sales and my passion is to bring buyers/sellers together. Who have you talked to in past couple days that might be thinking about buying/selling in British Columbia or anywhere in Canada (I am blessed to be a part of a huge network that I meet/talk-to on regular basis which is the backbone of my business that my clients benefit.
Also, we offer a $500.00 referral fee to anyone that leads to successful completion of a sale.
10 Things You Can Do to Feel Empowered
Here are the 10 things you can do to feel empowered.
1. Open the floor.
At your next big meeting, make sure to create time for everyone to speak, regardless of their roles or tenures. Bias can be subconscious and not intentional, but should be taken seriously.
2. Make it purposeful.
This weekend, take some time to consider the closest relationships in your life, both at home and at work. Jot down three ways to help each person along their own journey.
3. Think long-term.
Trust the process. If you aren’t getting the results you want just yet, don’t be discouraged. Take some time instead to analyze your methods and adjust if necessary. Patience is a virtue.
4. Make reservations.
Ensure that you are setting occasions to spend quality time with your family that promotes everyone’s health—that could mean a nutritious dinner or a weekly appointment for outdoor exercise.
5. Have faith.
A difficult step for leaders is learning to let go and trust your team to carry the load farther than you can on your own. Make some time to purposefully reflect on your people’s strengths.
6. 10-10-1.
Too often we have big dreams in our hearts, but we don’t give them the energy and focus they require. We might also try to accomplish all of our dreams at once, not realizing that big dreams require uninterrupted patience and dedication. Here is how the 10-10-1 concept goes:
10 Years - Imagine the best version of yourself in 10 years.
10 Dreams - Next, write down the 10 dreams that would need to come true in order for you to be that person that you just imagined.
1 Goal - To sharpen your focus, imagine one goal that would bring you the closest to your 10-years-from-now ideal self.
7. Eliminate excuses.
Spend some time journalling tonight about why you’re waiting to start a big project or initiative. When you’re done, think honestly about whether there is really such a hurdle.
8. Phone home.
Your parents know you better and love you more than anyone in the world, and they know just what to say. If you haven’t already, create a habit to give them a call at least once a week.
9. Hit the road.
The next time you take a trip, scout ahead. There may be business opportunities for you at your destination, from a potential new client, to the possibility of blogging about your travels.
10. Trust your gut.
The next time you have a big idea, explore it as far as it will go. Don’t let anyone talk you out of it until you have done all the research and planning. You never know where your instinct will take you
Attitude of Gratitude
"The things you take for granted. Someone else is praying for." - this quote resonates with me.
Not because I take things for granted but know where I came from and what sacrifices my parents had to make becoming a refugee immigrant. Leaving our homeland, friends and family to start a new life.
I count my blessings and am eternally grateful for everything that has been bestowed on me in this life.
I am grateful that I am surrounded by the most amazing people in my life. I have the best clients, colleagues, friends and family that anyone could ask for.
Without your support, the success I have achieved would not be possible. I am eternally grateful and feel privileged to have been a part of your journey. I feel on purpose doing what I do and count my blessings everyday.
With Thanks Giving fast approaching, my family would like to wish your family a joyous occasion, a life filled with an abundance of joy, propserity, health and love.
Please remember to give unconditionally and be thankful for each day ...because the things you take for granted, someone else is praying for...
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