Fara Ghafari, 88 West Realty
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
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City of North Vancouver opens the door to thousands of multiplex homes
North Vancouver council approved bylaw changes to allow multiplex housing in single-family neighborhoods, aiming to meet provincial housing mandates. The plan permits up to four units on many properties and up to six on some, with exemptions for heritage areas. Critics argue the changes are too limited and may not increase affordable family housing significantly. […]
Canada: Is 2026 the Market’s Turning Point?
CREA notes that early-2025 uncertainty — including tariff-related disruptions and economic hesitation — temporarily slowed buyer activity, especially in higher-priced regions like Ontario and BC. 2025 average prices are projected at $676,705 (↓1.4%), with weakness in BC/Ontario offset by expected ↑4–8% gains in several mid-priced provinces. National sales are forecast to rebound to 509,479 in […]
Refinancing a Mortgage Loan: Your Complete Guide
Refinancing replaces your current mortgage with a new loan to secure better terms, lower rates, adjust loan length, access equity, or remove PMI. Options include rate-and-term, cash-out, cash-in, no-closing-cost, streamline, short refinance, reverse mortgage, and debt-consolidation refinances. Consider credit impact, home equity, closing costs, and break-even points. Ideal when rates drop 0.5%+, equity exceeds 20%, […]
Investors: How to Win in Canada’s Cooling Market
Higher rates create opportunities to buy undervalued properties, but financing is key. Rental markets remain strong in major cities; demand for long-term rentals is high. Investors should target properties in need of renovation, especially detached homes. Patience is key—real estate rebounds over time, even after corrections.