For the latest insights on Vancouver’s competitive real estate market, trust the experts at B & L Real Estate Group (604-307-9448)! This month, they have gotten the lowdown on the Covid divorce spike from lawyer Amalia Schon, and are talking property division.
When we walk down the aisle starry-eyed, we all hope that till death do us part means just that. However, with divorce rates skyrocketing across Canada, B & L Real Estate Group knows you may well be facing the sticky process of property splitting.
Focusing on the phenomenon of the Covid divorce spike, which has been witnessed in big cities across the world, including Vancouver, one of the firm’s head realtors, Kevin Lynch, seeks to understand the implications of the trend for the city as a whole and as it pertains to real estate.
Go to https://www.bnlrealestate.com/blog/63088/north-vancouver-family-lawyer-helps-couples-and-families-through-divorce to find out more.
According to a recent exposé from the BBC, law firms across Europe and North America recorded, on average, a 122% increase in divorce inquiries in 2020 compared to their 2019 levels. All of those same firms also reported further rises throughout 2021.
With divorce rates reaching all-time highs in the city of Vancouver, there is little doubt that it is changing the social fabric of the city and impacting an already overheated local property market.
Continuing to rank highly in the world’s most expensive cities for real estate, according to BC Business, Vancouver residents like yourself now have the dubious distinction of living in the third most expensive city in the world to build a house, with costs at CA$3,106 per square meter.
As such, Kevin Lynch of B & L Real Estate Group is eager to share Schon’s experiences and insights with you. In particular, the interview focuses on how to ensure that your divorce is as amicable as possible, allowing for equitable division of your key assets, in particular real estate.
Although Schon always brings empathy and a high level of emotional support to her clients, she reminds you that marriage and divorce in many senses resemble business transactions. Therefore, she suggests that you carefully consider finance agreements, especially when property is involved.
B & L Real Estate Group has positioned itself as a market leader and expert in the competitive Vancouver market. The specialist team is led by Kevin Lynch and Steve Birkic, who share over 55 years of real estate experience in and around the city.
A spokesperson for the realtors said, “One of the challenges that comes up through divorce is the need for housing and valuation of the home or real estate properties. Kevin Lynch and our team of realtors are well versed in helping you understand the current real estate market, accurate pricing and values for your home or real estate holdings. They know how to work with couples and families to buy or sell.”
If you are facing a marriage or relationship dissolution, Schon and B & L Real Estate Group are here to help you navigate this trying time.
Visit https://www.bnlrealestate.com/blog/63088/north-vancouver-family-lawyer-helps-couples-and-families-through-divorce to see how you can begin the difficult process of selling existing property and securing new housing.