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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Could the Cowichan ruling affect B.C. property assessments?
A B.C. Supreme Court ruling granting Cowichan Tribes “senior” title over some Richmond private property may impact future property assessments, though its effect on 2026 assessments is uncertain due to timing. Experts debate its broader applicability, with some seeing it as case-specific and others warning it challenges foundational property rights. Appeals depend on market evidence […]
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%, […]