September 2025 Announcement, Foreclosures, and Market Update

Mylyne & Associates -

Stonehaus Realty Corp.

info@mylyne.com
604.723.2000
http://www.mylyne.com/

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20th Wedding Anniversary

 

I recently celebrated 20 years of marriage with my high school sweetheart, which means we've officially been together for 30 years!!  That’s three decades of love, laughter, and pretending to agree on what to watch on Netflix.. :)

To celebrate, we bought each other golf drivers and tons of balls.  Because nothing says “cheers to 30 years” quite like trying to outdrive each other on the fairway.  The competition is on!  

This picture was taken at Furry Creek, tough course, but our new fave!  Come join us!



Real Estate Market in Summer 2025: A Look at the Current Trends

 

As we head into the second half of 2025, the real estate market continues to shift, creating a more balanced environment for buyers and sellers. Here's a quick look at what's happening.

Prices and Sales

Home prices are seeing a slight decrease nationally, but the market is highly regional. In some of the most expensive provinces like Ontario and British Columbia, prices are seeing larger declines. In more affordable regions such as the Prairies and Atlantic Canada, prices remain more stable or are even rising. Sales have also been down as many are taking a "wait-and-see" approach.

Interest Rates

Interest rates have been a major influence. While the Bank of Canada has made some rate cuts this year, overall mortgage rates haven't dropped significantly. This has led many prospective buyers to hold off on purchasing, waiting for more favorable borrowing conditions.

What This Means for You

For Buyers: This could be an opportunity. With more homes on the market and less competition, you may have more options and negotiating power.

For Sellers: You may need to adjust your expectations. Pricing your home competitively and making sure it's in top condition is crucial to standing out.

For Everyone: The market is always changing. Staying informed about local trends is key to making a sound decision.



Off to a Great Start: Making the Most of the New School Year!

 

The new school year is officially underway, and we hope everyone has had a positive and exciting return to the classroom. As students throughout the Lower Mainland settle into their new routines, a little planning can go a long way in making this a successful year.

Here are a few tips to help your family get into a great rhythm:

Communicate and Connect: Now is a great time to talk about the day's highlights. Ask questions like, "What was the most interesting thing you learned today?" to open up conversations about their new experiences.

Embrace the New Routine: Homework time, bedtime, and morning routines all help set the stage for success. Sticking to a consistent schedule helps children stay focused and well-rested.

Stay Organized: Keep a central spot for school notices and forms to avoid missing important dates and information.

We are so excited to see all the learning and growth that will take place this year. Wishing everyone a wonderful start to the school year!



August Foreclosures

 

Sept 2025 Burnaby Detached
Sept 2025 Chilliwack Attached
Sept 2025 Abbotsford Attached
Sept 2025 Chilliwack Detached
Sept 2025 Langley Detached
Sept 2025 Burnaby Attached
Sept 2025 Abbotsford Detached
Sept 2025 Maple Ridge Attached
Sept 2025 Langley Attached
Sept 2025 Maple Ridge Pitt Meadows Detached
Sept 2025 South Surrey White Rock Attached
Sept 2025 North Van Attached
Sept 2025 New West Attached
Sept 2025 Richmond Detached
Sept 2025 Mission Detached
Sept 2025 Tricities Detached
Sept 2025 Tricities Attached
Sept 2025 South Surrey White Rock Detached
Sept 2025 Surrey Attached
Sept 2025 Richmond Attached
Sept 2025 West Vancouver Detached
Sept 2025 West Vancouver Attached
Sept 2025 Vancouver Detached
Sept 2025 Vancouver Attached
Sept 2025 Surrey Detached



Read the fine print on your travel medical insurance!!

 

When our eldest son started university in Arizona, we bought the “best” medical insurance the school recommended. We were satisfied with the low deductible and good coverage.

But when he was hospitalized for a week in May with severe tonsillitis that blocked his airways, the reality hit. Because his illness was not “sports-related,” the school refused to cover their 20% portion. We were left with a $20,000 bill.  Had he needed surgery, he would have surpassed the maximum coverage as well.  Until now, we are still fighting this bill.

Lesson learned:   Read the fine print, ask about exclusions, deal with a licensed advisor who has access to different plans.  As an example, $100,000 hospitalization is not enough.  I was able to obtain a "no cap" hospital coverage with a max of $3000 deductible for major medical attention.  Had we known about this new policy, our payable would have only been $150 since there was no surgery required.

***Before your cross the border, make sure you have adequate insurance***



Passport Control

 

If a trip out of the country is coming your way, make sure you follow these two passport tips.

First, be aware of when your passport expires. Travel can be restricted if there is less than six months left on your passport. Renewing your passport can take longer than it should and there are options to obtain an emergency passport but best be prepared.

For international travel, passports generally need at least one blank page, but some countries may require two to four blank pages. The specific number can vary depending on the destination country's visa requirements. It's advisable to check the specific requirements of your destination country before traveling. Here's a more detailed breakdown:

One page: This is the minimum requirement for many countries, as it's needed for visa and entry/exit stamps according to Canada.ca.

Two or more pages: Some countries require more than one blank page.  For example, countries that issue full-page visas or have strict entry/exit stamp requirements may need more blank space according to Travel Stack Exchange.

Checking with your airline: Some airlines may have their own policies regarding blank pages and may not allow boarding if you don't meet their requirements.

Checking with the embassy: According to Travel Stack Exchange, while some embassies don't specify exact numbers, it's always a good idea to check with the specific embassy of your destination country for their requirements. 



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