February 2025 Real Estate Stats for the Fraser Valley

February 2025 Stats are out and guess what? We are now in a Balanced Market in the Fraser Valley but it really is more of a Buyer's Market with the increase in the number of home, townhomes and condos for sale.Sales - 866 units which is up 11% compared to January and down 27% compared to this time last year. Prices - median sales price was $1,060,000 this was up 3% year over year and up 1% fr ...

Brookswood Charity Highlight

  Here at Homelife Benchmark Realty, community means a lot to us!   Personally, I am a big believer in giving back to the community…Especially when it comes to education, which is so close to my heart!   Unfortunately, not everyone has access to free education.    This year, I am contributing to two bursaries for Brookswood Senior Secondary, which is an investment in the future of th ...
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Dog Parks in the Brookswood Community

  Hey everyone, it’s Michael Cosburn! Your local Realtor with Homelife Benchmark Realty, out of the Brookswood office.   I thought I’d share some information on a local dog park in the Brookswood area today!   My dog Nacho and myself are huge fans of these off leash dog parks here at Uplands and Brydon Park. We are sponsoring these local dog parks in Brookswood/Langley City.   Althou ...
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Importance of Floor Plans When Selling Your Home

Hi everyone, Michael Cosburn here!    As your Brookswood Realtor, I have found through experience that extra services are really necessary when you help people buy or sell their property…   One critical service is FloorPlan Measuring…   Floor plan measuring ensures the accuracy every seller wants, all the while helping the prospective buyer envision themselves in your listing virtually! ...
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20787 36 Avenue, Langley, BC - MLS #R2758661

Hi everyone, Michael Cosburn, your local Brookswood Realtor!    Just a little update here on one of the listings that’s available in the area.   20787 36 Avenue, Langley, BC   This beautiful 5 bedroom, 5 bathroom home has been newly renovated with hardwood floors and a designer kitchen.   The gorgeous 2900 sqft, two storey home sits on a 13, 500 sqft lot! Plenty of room to entertain f ...
Posted in Listings ,

What is the First Step in Buying a Home?

Hi everyone, Michael Cosburn here! Buying a home can be scary and DEFINITELY overwhelming but it doesn’t have to be when you’ve gathered the right resources and done your research.    Working in real estate for the past 12 years, I’ve seen an array of different types of buyers! Some know EXACTLY what they want and some have NO idea what they’re looking for…   So, first things first, you n ...
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Sellers Expectations in Today's Market

Hello Everybody, Michael Cosburn here with Homelife Benchmark Realty out of the Brookswood office in Langley.    Today, I want to talk about sellers and their expectations.   Real Estate is very emotional on both sides of the spectrum. Sso we have to learn how to manage our expectations…   So what is important now, in this balanced market is that sellers are going to have to do the pr ...
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Market Stats - February 2023: Signs of stability in Fraser Valley create opportunities for home buyers and sellers

SURREY, BC – House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-over-month decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October The Fraser Valley Real Estate Board (FVREB) processed 898 sales on its Multiple Listing Service® in February, an increase of 43.5 per cent ...
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Foreign Buyer Ban in Canada

Have you heard the news?!   The federal government has brought in a foreign buyer ban to stop non-Canadians from purchasing homes in Canada…   Being a realtor myself, I don’t see a lot of foreign buyers and don’t believe they make up a large portion of the people that are bringing in money. So, the question is, is this going to make a difference for buyers and/or sellers with prices co ...
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February Community Events in Langley

Here in Langley, there’s always something to do!   As we head into February, there’s an array of events in and around the community for all ages. From live music to seasonal markets!   Who doesn’t love enjoying a refreshing craft beer while listening to live music at your local Brewery? The Dead Frog Brewery hosts LIVE MUSIC SUNDAYS every Sunday for beer and music lovers. They even welcom ...
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An Update in Real Estate

Michael Cosburn here! Your Brookswood expert realtor with Homelife Benchmark Realty.   I wanted to give you all an update on some news that’s happening in Real Estate…   We are currently in what’s called a rescission period. Now you may be wondering, what does that mean, a rescission period?    Well, now buyers can make an offer on a home and have three business days to decide whether ...
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