February brought a balance market to Metro Vancouver’s housing market. With interest rates continuing to fall, and the next rate announcement March 12 many potential buyers are watching the market closely—along with any policies or actions that may influence it, such as the now imposed tariffs from the U.S. With a potential Bank of Canada rate cut March 12, homebuyers may find slightly improved borrowing conditions while enjoying the largest selection of homes on the market since pre-pandemic times. Given the current balanced market conditions, prices have remained in a holding pattern for the past few months.

With the active Spring real estate market season just around the corner, it will be interesting to see whether buyers take advantage of some of the most favourable market conditions seen in years, and whether sellers change their willingness to bring their properties to market.

Following four consecutive months of year-over-year sales gains, last month’s buying activity was down considerably. The combined Greater Vancouver home sales were down 11.7% vs 2024 and almost 30% below the 10 year average. New listings activity slowed from January, but February was still about 10% higher than 2024, and 11.6% above the 10 year average. Combined inventory levels were 32% over February 2024, and 36% above the 10 year average.

Of course, there are plenty of uncertainties. Newly imposed tariffs, new leadership in both the U.S. and possibly Canada could have a major effect on the economy, but it’s still too early to predict what that impact will be.The uncertainty of this is something we are feeling right this minute.  Is this going to last a week or a month? We don't know. 

For more detailed statistics in your specific neighbourhood please ask me. I’m here help navigate and support your next move! Making a move this Spring? Have questions? Concerns? Call me to discuss your unique goals. 

Respite care is flexible and available in different formats. Care and support are available from both publicly subsidized and private pay providers. 

Types of Respite Care include:

For care partners and care takers , don’t wait until you and your family reach a breaking point. Respite care should be part of a care partner or caregiver’s routine, not just an emergency solution. It provides temporary relief from the emotional and physical demands of caregiving while giving your loved one the support they need in a safe and engaging environment. In-home respite care can include personal support services such as bathing, dressing, and mobility assistance. It also can cover homemaking tasks like meal preparation and light housekeeping, as well as professional care services, including nursing or therapy. This opportunity allows for family, friend care partners to step away, whether for a few hours or a longer period, without compromising the quality of care their loved one receives.

Out-of-home respite care- offers temporary stays in a long-term care home or retirement community for individuals requiring support. 

Convalescent care options-  is beneficial if you’re being discharged from the hospital but not quite ready to go home; if your family is going out of town and you don’t want to be alone or if your caregiver is taking time off. 

Trial Stays -if you don’t need respite yet interested in trials stays at a retirement community, this is an option also. 

Adult day programs- provide supervised care in a structured, social setting. These programs can be ideal for individuals with Alzheimer’s, dementia, or mobility challenges, offering engaging activities while caregivers manage other responsibilities.

Waiting until exhaustion sets in, or “some day I’ll look into it” isn’t the answer. Asking for help isn’t being selfish it’s being proactive, ensuring you can continue to provide the best care possible, for yourself and others you care for. Plan ahead so you and your loved ones can live life on your terms! 

Prices vary depending on the location of the residence and the level of care needed, so it's essential to check with each individual residence for updated information.

To learn more about the differences between private pay options and publicly subsidized home and community care services offered through B.C.’s health authorities visit the government’s website page 

Are you considering a type of respite care for a loved one or yourself?  

Curious about testing the water with a trial stay? 

Let’s chat and explore your options together! Janet 

Deciding to sell your current home first or move first is a significant decision that may impact not only your finances it may also impact your physical and emotional well-being. The decision can be especially challenging, and involves careful consideration of your personal comfort, financial stability, and the emotional and physical toll. I’ve helped clients do both. Both options are viable yet you will need to decide which is the best option for you. Here are some considerations: 

Sell First:

Pros:

• Clear Financial Picture: Selling your home before moving gives you a clear understanding of how much equity you have, which can help in making decisions about renting or purchasing. This may allow you to plan your finances and next steps with more clarity. 

• Financial Risk: Selling your home first means you may not have to worry about paying upfront for your new home, or possibly having to dip into savings before you sell your current home. For some this reduces the stress of managing multiple expenses at once. For others they are aware it is a temporary and a well calculated risk. It will depend on your own personal level of risk and your financial situation.  

• Home in Top Condition: You’ll have already decluttered and made any updates if they were necessary, so your home will be ready for sale.

• Longer Closing Dates: You may be able to negotiate longer than typical closing dates, giving you more time to find and move into a new home. This flexibility can ease the emotional stress, as you’ll have time to adjust and make decisions without the pressure of being rushed and most of all you will be moving into a home that you love, not settling for. 

• Because you sold first, if purchasing a home, your purchase to offer could be seen as very strong as you are ready to purchase with possibly less subjects, so could be beneficial if competing with other buyers. 

Cons:

• Temporary Housing or Storage: If you sell before finding a new place, you may need to find temporary housing or storage, which can be both physically and emotionally challenging. This might involve moving into a short-term rental or staying with family while you search for your ideal new home. 

• Emotional Attachment: Letting go of a family home where you’ve made memories can be difficult. Selling first can increase the emotional weight of the transition, as you might feel the loss of your familiar space before settling into your new one.

• Longer Closing Dates: If competing with other buyers, your need for longer closing dates could be seen as a negative if other buyers can close sooner. 

• Market Uncertainty: If the real estate market is slow, you might face delays in selling your home. This uncertainty can cause added stress as you wait for the right offer and continue searching for a suitable home.

Move First:

Pros:

• Less Stress During the Transition: Moving to a condo or retirement community first allows you to take your time adjusting to your new space without the pressure of selling your home right away. You can move only what you need and leave behind anything that doesn’t fit in your new lifestyle. I help our clients with their move management, organizing movers and people who can deal with items left behind. 

• Emotional Relief: Moving first can reduce the emotional stress of trying to manage a home sale while planning for a move. You’ll have more time to adjust to your new life in the retirement community or condo before focusing on the sale of your house.

• Preparing to Sell: I often prepare a home to sell including staging, having the photographs, floorplan and video ready, so when my client falls in love with a home to purchase, has an accepted offer, I can list their current home within days, ensuring they are paying for 2 homes for as little time as possible. 

• Better Space Planning: Once you’re settled into your new living space, you’ll have a better understanding of how your belongings fit, making it easier to downsize or reorganize. This can reduce physical strain as you aren’t forced to make snap decisions about what to keep or discard while in the midst of packing and moving.

• Control Over Timing: Moving first gives you more flexibility, as you won’t be rushed into finding the right home. You can take your time adjusting to your new lifestyle in the condo or retirement community, which may make the transition smoother and less overwhelming.

Cons:

• Financial Pressure: Maintaining two homes can create financial strain. This might be difficult, especially if you are on a fixed income or don’t have the financial flexibility to cover both expenses at once.

• Risk of Market Changes: While you’re settling into your new retirement community or condo, the real estate market might fluctuate, potentially affecting the sale price of your home. If the market declines, you might not get as much for your home as you hoped, which could impact your financial planning.

• Overlapping Costs: If you don’t have bridge financing in place, the costs of living in the retirement community or condo and maintaining 2 homes can add up. This can create an additional financial burden.

The decision to move first or sell first depends on various factors, including financial stability, emotional readiness, and the physical challenges of moving. If you feel that managing the sale of your home while also adjusting to a new lifestyle would be too stressful, moving first might provide emotional relief and allow you to settle in at your own pace. However, if financial security is a top priority and you want to ensure you have a clear picture of your budget, selling first might be the better option.

Consider your comfort level with risk, your physical health, and the emotional impact of leaving your long-time home. Working with trusted professionals including your financial advisor, can help guide you through this decision and provide peace of mind as you navigate the process. Whether you choose to move first or sell first, the key is to make the choice that aligns with your needs and priorities for a smooth and less stressful transition to your new home in a condo or retirement community. Have questions? Ready to start a conversation? 

Call me at 604 730 2600 

“I like the way you approach real estate Janet.”
“I had no idea this type of service existed.”
“Thank you Janet. I feel so much better now.”
“ You provided us peace of mind. Thank you Janet.”
After the successful free rightsizing seminar in West Vancouver, I’m thrilled to announce our upcoming next seminar dates and locations for April! Save the Dates April 5th and 16th!
So, who should attend?
* If you’re an older adult just starting to think about moving and the process, options to ensure your home sells for top dollar!
* If you are care partner, children of aging parents or loved ones, looking for resources.
* If you want ideas to age successfully in place.
* Or if you’re wondering whether a retirement community is right for you, condo, presale, rent or other.
* This seminar is designed for you!
Looking forward to seeing you there!
Save the Dates: Next Free Downsizing Seminars: Call to Register 604 730 2600 or email janet@janethelm.com 

PITT MEADOWS senior centre: Sat. April 5 11:00am-12:00pm

MAPLE RIDGE senior centre: Wed.April 16 from 10:30-11:30am

And feel free to share with anyone you know might be looking for a trusted guide!
Have an amazing day! PS If your club, community, would like me to share our seminar with you and your members, please ask! 604 730 2600 or janet@janethelm.com

The Office of the Seniors Advocate wants to hear from family caregivers about their experiences helping a loved one access publicly-funded long-term care in B.C. The Office of the Seniors Advocate is an independent office of the provincial government with a mandate of monitoring seniors’ services and reporting on systemic issues affecting seniors.

The press release states,” The Office of the Seniors Advocate wants to hear from family caregivers about their experiences helping a loved one access publicly-funded long-term care in B.C. The office is undertaking a systemic review to better understand long-term care supply and demand issues in the province. The BC Seniors Advocate is asking caregivers supporting a family member currently waitlisted for publicly-funded long-term care, or were previously waitlisted and accessed a long-term care bed within the last year, to complete a short survey.

“By 2036, one in four of British Columbians will be a senior, and the oldest baby boomer will be 90 years old. The clock is ticking for us to take action to ensure seniors, regardless of where they live in the province, have timely access to quality long-term care close to home.” The review of long-term care supply and demand will analyze data and system factors driving waitlists and wait times for long-term care; the current and projected supply of long-term care beds; government policies, legislation and regulations in long-term care; workforce and staffing challenges; and caregiver feedback. The final report will be available in Spring 2025. The online survey is available until March 18,2025.”

Caregiver Survey is available at https://feedback.engage.gov.bc.ca/479526?lang=en 

The survey deadline has been extended until March 18, 2025. Reponses are anonymous.

The office also provides information and referral to seniors and their caregivers by calling toll-free 1 877 952-3181, BC211, via email at info@seniorsadvocatebc.ca https://www.seniorsadvocatebc.ca/

By now you or your parents or older adult loved ones have received in the mail, their Notice of Declaration.

The Speculation and Vacancy Tax declaration is mandatory—so make sure you do it on time! The government says the fastest way is online, but I know for many of my clients, especially older adults, a good ol’ fashioned phone call is often the quickest and easiest option for them.

Call an agent for assistance:Toll-free in Canada: 1-833-554-2323

Outside North America (for you snowbirds!) 1-604-342-1015

TDD services for the hearing impaired (across B.C.): 711

Agents are available Monday to Friday, 8:00 AM – 8:00 PM PST, with translation services available. TDD service hours are the same.

You have until March 31, yet don’t wait as you don’t want to get caught trying to sell your home but now have a lien on the property. Getting the lean off, adds more steps, stress and more legal fees!

If you have questions about the tax please call.

For some older adults who have lost a spouse this day can be a difficult one. Valentine's Day is about giving and receiving love to everyone. Family and friends can play a big role in making the day enjoyable for them. When someone you know is going through a difficult time, it's important to show them that they are not alone.
A simple gesture like sending a text, email or making a phone call, can make a huge impact. It’s a way to let them know you're thinking of them and remind them that they're supported.

Everyone grieves and processes emotions differently, especially on days like Valentine’s Day. Even the smallest gestures of kindness can help heal hearts and bring comfort. Wishing everyone a day filled with love, laughter and really good chocolate! XJ 

Join me, Janet Helm, Realtor® & Seniors Real Estate Specialist (SRES®), for expert insights on rightsizing and planning ahead. Learn how to navigate the market, maximize your home’s value, and avoid common pitfalls. Plus, get answers to your questions in an interactive Q&A.

Plan ahead—secure your future with confidence!

Next Free Downsizing Seminars:

PITT MEADOWS seniors activity centre: Sat. April 5 11:00am-12:30pm call  (604) 457-4771

MAPLE RIDGE seniors activity centre: Wed.April 16 from 10:30-11:30am call (604) 467-4993

Click here for the location of the Seniors Activity Centres

Apartment living can offer independence, flexibility,  shared amenities, lower maintenance costs and a built-in community of often like-minded neighbours. It’s safe, secure, and ideal for a “lock-and-go” lifestyle—ideal for travel or simply having peace of mind. However, there are also some potential downsides to strata living, such as the rules and bylaws. Even though the condominium owners may have done prudent budgeting, there is always a possibility that a large unforeseen expense can arise. Special levies are sometimes required and each of the owners has to pay their share. When working with our clients we thoroughly read the documents which includes minutes of the meetings, financials and the strata’s depreciation report, which can provide good insight into potential special levies. Before making the decision to live in a strata development, it is important to weigh the pros and cons carefully. Doing so will help to ensure that you make the best decision for your individual needs and preferences.

Recently, I helped a client transition from her home to an apartment. She loved her home, yet was driving distance from all amenities and has three flights of stairs. She made the proactive move to a bright and accessible one-level apartment. Her thinking ahead decision allowed time for decluttering, updating and preparing her home to sell for top dollar! She moved before she had to. Now, she’s within walking distance of the library, shops, and the beach—where she’s enjoying sunsets and city views. Her apartment’s future equity will help finance retirement living when she’s ready. Her plan is working beautifully, and she couldn’t be happier.

If you're considering a move to strata living, let’s talk! 

Deciding when to move is a deeply personal decision, and it’s important to consider several factors before making that change. For many, one of the first signs is might be time is when health or mobility becomes more of a challenge. Tasks that were once routine, or enjoyable like cooking, cleaning, yard work, and even grocery shopping, may start to feel too much. These everyday responsibilities can add stress, making the idea of a retirement living an exciting option.

As we age, we often find ourselves with more space than we actually need. Extra rooms that were once full of activity may become unused, adding to the cost and effort of maintaining a larger home. If you’re finding that the upkeep of a big house, including property taxes, insurance, utilities, repairs, too many belongings is becoming more costly than it’s worth, making the idea of retirement living more appealing. 

Maintenance, both big and small expenses, is something that often becomes a constant concern for homeowners as they age. From needing regular repairs to keeping up with the lawn, home maintenance can start to feel like an ongoing burden and costly. Leaving maintenance issues can reduce home’s value when selling. If you’re in a home that’s not adaptable for aging in place, or if you simply know that making it work long term will be difficult, and you want to ensure you get top dollar for the sale of your home, not waiting to move may be an option. 

Have you been thinking about your long-term needs? You want to be proactive and make decisions on your terms.  If you’ve been curious about retirement communities, their amenities, and the services they offer, it is worth taking a tour to see what’s available in your area. There is no obligation and personal tours are welcomed!

Retirement Living has options-  from independent living to more supportive care, allowing you to choose a lifestyle that suits your needs now and into the future. A key consideration for many is wanting to avoid the hassle of multiple moves. For others, the idea of moving to strata living can be a deterrent. If you’re not interested in the responsibilities and potential challenges that come with living in a strata-managed building, this might be another reason to consider a retirement community. Keep in mind, strata living is a great option for some and one many prefer. Visit  our blog post for considerations to think about before moving to an apartment. 

On choosing a retirement residence, I’m reminded of a couple who, before we met to prepare their house for sale, let me know they were sure they’d love a particular retirement community as friends lived there. When I asked if they had taken a tour, they hadn’t. I suggested they visit it, then take a tour of another community the following week. A few weeks later, they reached out to tell me they had chosen a completely different community than they originally had in mind—one with a beautiful garden, engaging activities, and within walking distance to family. Their children later told me, they were happy their parents went on tours. If they hadn’t, and something had happened, they would have moved their parents to the first one, thinking from past conversations they loved it. Can you imagine living in a place you didn’t really like?  Their proactive move was made on their terms and timeline.

Making a move is never an easy decision, yet asking yourself some questions early on, you can ensure that when the time comes, the move will be a positive one. Planning and preparation now can go a long way in ensuring your comfort and peace of mind for the years ahead. For more questions to consider or to have a conversation, call me directly at 604 730 2600.

The Importance of Planning for a Safe and Happy Future

Many prefer the comfort and familiarity of their own home over the thought of moving. While aging in place may sound like the ideal solution, it requires careful planning and thoughtful consideration to ensure it is both a safe and fulfilling option. There’s a lot more to consider if you want to make this work in the long term. Aging successfully in place is more than just staying in the same house—it’s about continuing to live safely, and comfortably in an environment you know well and love.  It involves navigating health changes, making your home more accessible, and finding the right support system. 

Take, for example, my dad. He is aging successfully in place, with the support of live-in help and community healthcare resources. It’s not always easy, and it requires monitoring, adjustments, and a solid plan in place. He’s fortunate to still be in great physical and mental health—he goes to the gym daily and plays golf when the weather permits.

What Does It Take to Age in Place? Aging in place isn’t something you can simply set up and forget. It requires careful planning and flexibility in several areas, all of which need to be addressed to make aging in place work. Can the home be modified? The home may require modifications, in-home healthcare services, or even hiring extra help for daily chores, meals, bathing, dressing, medicine management and home maintenance.

Can your or your parents’ home be adapted to meet the changing needs as time goes on? The good news is that many homes can be modified with a bit of creativity. I helped a couple who initially thought they would have to move out of their family home due to mobility issues. After meeting with them and learning about their family support system nearby, we came up with a plan to make it work. Working with a professional contractor, they transformed a large den into a primary suite on the main floor, moved the washer and dryer upstairs for easier access, and replaced the bathtub with a walk-in shower to prevent falls. They also had grab bars installed throughout the home to help with mobility and reduce fall risks. They can now live on one level, live in the home they love and enjoy their greenbelt private view. With family living just across the street, they had excellent support for trips to the grocery store, doctor’s appointments, and other errands.  While they knew they would need to hire professionals, like gardeners or handy people for odd jobs in the future, these modifications allowed them to extend their plan to stay in their home for several more years. Their story is a good example of how aging in place can work if you have the right support system, modifications, and plan in place. If your home can be adapted to meet your needs, aging in place may be entirely possible. It’s also a good example of being proactive and asking for help before the help is needed. Proactive decisions are always better than reactive decisions. 

It’s also worth considering whether your home is within walking distance of amenities like grocery stores, doctors’ offices, or libraries. Will stores deliver to your area? How far is a hospital or doctor? Many of my clients move to be closer to such conveniences. This can be a significant factor when deciding if aging in place is practical.

One of the most important aspects of aging in place is having a strong support system. Whether it’s help with transportation, household tasks, medication management, or simply emotional support, having people you can rely on is essential. Knowing that family members live nearby or are willing to help makes a world of difference in managing the challenges of aging in place. When family can’t help or live far away,  professional support can be a game-changer. In-home care companies will make personalized care plans to fit your or your loved ones’ specific needs. These care services might include help with daily activities like meal preparation, cleaning, companionship or personal care. The cost will depend on the level of care. Every individual’s situation is different. Some also offer respite care to family caretakers as well!

I’m happy to introduce you directly to like minded in home care professionals.  Call me at 604 730 2600

The Canada Government Age in Place Check List and Guide is a good place to start to ensure you are ageing well in place and decide if it is right for you, your love ones, now and in the long term.