David Reimers Personal Real Estate Corporation

David Reimers Personal Real Estate Corporation Top Rated* Award Winning REALTOR® in Greater Vancouver. Real estate intelligence at your fingertips!

*by ThreeBestRated for 8 years in a row.

David Reimers
Personal Real Estate Corporation
Royal LePage West Real Estate Services.

The Bank of Canada held its policy rate at 2.25%, but fixed mortgage rates have already started moving higher.That can b...
09/16/2026

The Bank of Canada held its policy rate at 2.25%, but fixed mortgage rates have already started moving higher.

That can be confusing if you’re following rate news closely. A lot of people assume mortgage rates only change when the Bank of Canada makes a move, but fixed rates are driven largely by the bond market. Bond yields have moved higher due to inflation, energy prices, tariffs, and geopolitical uncertainty, and lenders have responded.

Right now, variable mortgage rates are still relatively attractive, generally around 3.50% to 3.75% depending on the borrower and mortgage product.

Fixed rates are higher. Three-year fixed rates are around 4.19%, while five-year fixed rates are roughly 4.29% to 4.39%. Some lenders have already announced further increases.

If you’re thinking about buying, refinancing, or renewing in the next few months, it may be worth getting your financing reviewed and securing a rate hold. In many cases, rates can be held for up to 120 days. That doesn’t mean you’re committing to a mortgage today. It just gives you some protection if rates move higher while you’re sorting things out.

There is quite a difference between fixed and variable right now, and the right choice depends on your plans, your budget, and how comfortable you are with possible rate changes.

Read the full post here: https://reimers.ca/blog.html/mortgage-rates-are-starting-to-move-again-and-while-the-bank-of-canada-9152510

SOLD | Westwood Plateau, CoquitlamCongratulations to my clients, James and Vivian, who just purchased this beautiful hom...
09/11/2026

SOLD | Westwood Plateau, Coquitlam

Congratulations to my clients, James and Vivian, who just purchased this beautiful home in Westwood Plateau, Coquitlam. A great home and neighbourhood to put down some roots.

Congratulations on the new home.

Coquitlam is planning for higher temperatures, drier summers, rising sea levels, and more major storm and rainfall event...
09/09/2026

Coquitlam is planning for higher temperatures, drier summers, rising sea levels, and more major storm and rainfall events. The City currently projects total storm and rainfall events increasing by about 17%.

For home buyers, that does not mean you need to panic or rule out entire neighbourhoods. It does mean climate risk deserves a place in the due diligence process.

In the Tri-Cities, one property may be near a river or creek. Another may back onto forest. Another may sit below a steep slope. A condo may be outside any obvious floodplain but still have heat, drainage, or parkade water-ingress concerns. There is quite a difference depending on the property.

In this post, I look at some of the questions buyers should ask before purchasing in Coquitlam, Port Coquitlam, Port Moody, and elsewhere in Greater Vancouver. That includes flood risk, basement leak history, lot grading, wildfire exposure, slope stability, cooling, heat pumps, and insurance.

One point I would not leave until later is insurance. Before removing subjects, I think buyers should confirm what coverage is available, whether overland flood or sewer backup is included, what the deductible is, and whether prior claims affect the property.

Read the full post here: https://reimers.ca/blog.html/climate-change-and-real-estate-what-buyers-should-consider-in-coquitla-9142434

08/28/2026

Selling homes is always an adventure, but some houses tell stories you wouldn't believe. As a Coquitlam Realtor, I've come across many unique properties, but a hoarder house with two feet of garbage stands out among the most challenging.

Navigating clutter like this requires more than just a strategic plan, it involves a deep understanding of the real estate market and the ability to envision possibilities beyond the mess. You wouldn't expect it, but hoarder homes are not that uncommon.

If you're interested in seeing how we tackle these situations and transform challenges into opportunities, check out the full story and learn more about the real estate process.

For more information and insights, visit https://reimers.ca.

Mortgage renewal often adds pressure.It usually doesn’t show up all at once. It tends to build as people look at their c...
08/25/2026

Mortgage renewal often adds pressure.

It usually doesn’t show up all at once. It tends to build as people look at their current rate, see where borrowing costs are today, and start doing the math on what a new monthly payment could mean for the household budget.

That’s particularly true in Greater Vancouver, where mortgage balances are often larger than in many other parts of the country.

I wrote this post because a lot of homeowners are in that position right now. Many bought, refinanced, or renewed in 2021 or 2022, when rates were exceptionally low. Even though rates have eased from their highest levels, renewal may still bring a noticeable increase in monthly costs.

What I found particularly interesting in the latest Royal LePage survey is that while anxiety is rising, most homeowners are still planning to stay in their homes.

A higher payment may not automatically lead to a sale. In many cases, people adjust other parts of their budget first. They may put off renovations, reduce discretionary spending, travel less, or look at ways to create a bit more flexibility at home.

For some households, renewal may still be the right time to explore a larger change. Downsizing, relocating, or adding rental income could be worth considering. But those decisions tend to work best when they’re based on current market value, realistic replacement costs, and a clear understanding of the numbers.

If your mortgage is coming up for renewal, it may help to start early. Review your options, talk to a mortgage professional, and get clear on what your home could sell for in today’s market before making any major decisions.

Read the full post here: https://reimers.ca/blog.html/mortgage-renewal-anxiety-is-rising-but-most-canadian-homeowners-plan-t-9128640

08/20/2026

Central Abbotsford is home to a unique piece of architectural history, and it could be yours. This 1966 Mid-Century Modern home is largely original, offering a sprawling 2805 sq.ft. of living space. With 4 bedrooms, 3 bathrooms, and two wood-burning fireplaces, it's rich with character and possibilities.

The separate basement provides added flexibility, while the large 12,000+ sq.ft. lot allows for outdoor enjoyment and potential expansion. It's a place where you can live, grow, and create lasting memories.

If you've been searching for a home that stands out for its design and space, this could be your chance to own a classic. Explore more and see if this is the right fit for you.

For more information, feel free to reach out or visit my website.

https://reimers.ca

There’s something interesting about this summer’s Metro Vancouver housing market. Just when it looked like things might ...
08/06/2026

There’s something interesting about this summer’s Metro Vancouver housing market. Just when it looked like things might be building some momentum in June, July stepped back again.

According to the latest numbers, residential home sales across Metro Vancouver fell 9.8% compared to July of last year. That decline essentially erased the gain we saw in June. Apartment sales led the slowdown, dropping 17.8% year over year, while detached and townhome sales were more stable by comparison.

New listings also came down in July, which is another part of the story worth paying attention to. Fewer sellers brought homes to market, especially in the apartment segment. Even with that drop, overall inventory is still sitting 26.8% above the 10-year seasonal average. So buyers still have choice, but the supply picture may be starting to shift a little.

Prices continue to soften gradually rather than sharply. The overall benchmark price for all residential properties in Metro Vancouver was $1,088,800 in July, down 6.2% from a year ago and down 0.9% from June. Detached homes, apartments, and townhomes all posted modest month over month declines.

What I take from this is that the market remains very situation-specific. Broad headlines only tell part of the story. A condo seller in one neighbourhood may be facing a very different market than a detached home seller somewhere else. A buyer looking at townhomes may be seeing very different conditions than someone focused on apartments.

If you’re thinking about making a move in Coquitlam or anywhere in Metro Vancouver, it may help to look past the general noise and focus on the numbers that apply to your property type, price range, and location.

Read the full post here: https://reimers.ca/blog.html/metro-vancouver-home-sales-retreat-after-brief-recovery-9110227

If you own a condo or townhouse, or you’re thinking about buying one, there’s one document that deserves a close look be...
08/06/2026

If you own a condo or townhouse, or you’re thinking about buying one, there’s one document that deserves a close look before you make any big decisions.

It’s the strata depreciation report.

This report looks at the major shared parts of a building and estimates when they may need repair or replacement over the next 30 years. That could include the roof, windows, plumbing, elevators, siding, heating systems, and parkade. It also helps show whether the strata is setting aside enough money to deal with those future costs.

BC has now changed the rules. Strata corporations with five or more lots are required to get a depreciation report every five years, and owners can no longer vote to postpone it. That’s an important shift because better information gives both owners and buyers a clearer sense of what may be coming.

One of the most common mistakes I see is buyers comparing properties based mainly on price and monthly strata fees. Those numbers are part of the picture, but they don’t tell the whole story. A building with low fees may still be facing a major roof project, window replacement, or another costly repair in the near future. If the contingency reserve fund is low, that can lead to higher monthly contributions or a special levy.

When reviewing a strata property, I’d suggest looking at the depreciation report together with the financial statements, AGM and council minutes, Form B, reserve fund balance, and any engineering or repair reports. That combination often gives a much better picture of how the strata is being managed.

No building is free from future maintenance. The goal is to understand the likely costs ahead and whether the strata is prepared.

If you’re buying or selling a condo or townhouse in Coquitlam or Greater Vancouver, I’m happy to help you sort through the documents and the key questions.

Read the full post here: https://reimers.ca/blog.html/buying-or-owning-a-strata-in-bc-new-depreciation-report-rules-you-shou-9108616

Getting started on a home search looks different for everyone.Most people have a general idea of what they want. Maybe m...
07/29/2026

Getting started on a home search looks different for everyone.

Most people have a general idea of what they want. Maybe more space, a better layout, a shorter commute, a yard for the kids, or a home that feels easier to manage. But once the search gets underway, those priorities often shift a bit. That is completely normal.

That is why I build each search around the client and keep the plan flexible from day one.

In my latest blog post, I shared a review from Don and talked about a big part of how I approach working with buyers. I try to listen carefully, answer questions clearly, and adjust the search as a client’s needs become clearer.

Sometimes a buyer starts out focused on one neighbourhood and then realizes another area fits their lifestyle better. Sometimes the budget needs refining. Sometimes a condo search turns into a townhouse search after a few showings. Those changes are part of the process, and in many cases, they help buyers make a more confident decision.

Real estate involves square footage and price, plus timing, comfort level, daily routine, and the little details that shape how a home feels once you live in it.

For buyers in Coquitlam and the surrounding communities, having someone guide the search with patience and honesty can make a real difference. My goal is to keep the process clear, practical, and centered on what matters most to you.

If you are thinking about buying and want an approach that feels personal and straightforward, I would be happy to talk.

Read the full post here: https://reimers.ca/blog.html/a-real-estate-search-built-around-the-client-9100953

Address

#211/3030 Lincoln Avenue
Coquitlam, BC
V3B6B4

Website

Alerts

Be the first to know and let us send you an email when David Reimers Personal Real Estate Corporation posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category