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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Retirement Downsizing Can Shrink Equity
Selling a family home in retirement can bring unexpected complications, with slower sales and rising listings stretching timelines and cutting proceeds. Buying a cheaper home did not remove lending rules. Retirees using pensions, investments, or savings withdrawals could see income assessed differently, limiting borrowing capacity. Early mortgage exit penalties could cost thousands, shrinking equity and […]
BC Homebuyers Poised for Opportunities Amid Market Pause
British Columbia's housing market remained weak in March, with 5,766 MLS residential sales, down 3.6% year over year and over a third below the 10-year March average. The average price fell 2% to $939,846, reducing dollar volume by 5.6% to $4.21 billion. Sales declined across all regions, with prices dropping in major areas but rising […]
North Vancouver Market Trends: Insider Update with Fara Ghafari
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B.C. Homebuyers Gain More Options as Prices Ease in March
British Columbia's home sales in March declined in price, transactions, and dollar volume amid a challenging economic environment. Sales dropped 3.6% year-over-year to 5,766 units, with the average home price falling 2% to just under $940,000. Dollar volume decreased 5.6% to $4.21 billion, and sales were 34.5% below the 10-year average. The first quarter saw […]