Blu’s News : February 2026
According to Larry David (and as famously debated on Curb Your Enthusiasm), January 7th is the last acceptable day to say “Happy New Year.” After that? You’re not being polite – you’re being weird.
So yes… we’re breaking Larry’s rule, and wishing you a Happy New Year anyhow. Why? Because this one feels worth talking about.
So yes… we’re breaking Larry’s rule, and wishing you a Happy New Year anyhow. Why? Because this one feels worth talking about.
A Brisk Start at Blu
While the headlines are still sounding gloomy, the market tells a slightly different story.
At Blu, January has kicked off with real momentum, with offers written, new listings hitting, buyers re-engaging, and conversations that feel… purposeful again.
While the headlines are still sounding gloomy, the market tells a slightly different story.
At Blu, January has kicked off with real momentum, with offers written, new listings hitting, buyers re-engaging, and conversations that feel… purposeful again.
Is This Rock Bottom?
We won’t pretend to know the exact day or hour the market “bottoms”. And anyone who claims they do is definitely trying to sell you something. But historically, rock bottom is quiet. It’s uncomfortable. It’s when confidence is low, headlines are negative, and most people are still waiting for “clarity.”
And here’s the counter-intuitive part: By the time you feel confident again, the opportunity has usually passed. Rock bottom is when you want to buy. If there are obvious signs of recovery, it’s often already too late.
Larry David Logic, Applied to Real Estate
Larry would never buy when everyone else is buying. He’d buy when nobody’s talking about it and when the room is awkwardly quiet and someone else is clearly uncomfortable. That’s usually the tell. We’re not expecting a boom, but we are seeing early signals: buyers stepping off the fence, sellers getting realistic, and deals that actually make sense again.
If you’ve been thinking about buying, selling, or just wanting a straight conversation without hype, this is a pretty pretty pretty good time to talk.
Warmly,
Shawn Lee and the Blu Team
We won’t pretend to know the exact day or hour the market “bottoms”. And anyone who claims they do is definitely trying to sell you something. But historically, rock bottom is quiet. It’s uncomfortable. It’s when confidence is low, headlines are negative, and most people are still waiting for “clarity.”
And here’s the counter-intuitive part: By the time you feel confident again, the opportunity has usually passed. Rock bottom is when you want to buy. If there are obvious signs of recovery, it’s often already too late.
Larry David Logic, Applied to Real Estate
Larry would never buy when everyone else is buying. He’d buy when nobody’s talking about it and when the room is awkwardly quiet and someone else is clearly uncomfortable. That’s usually the tell. We’re not expecting a boom, but we are seeing early signals: buyers stepping off the fence, sellers getting realistic, and deals that actually make sense again.
If you’ve been thinking about buying, selling, or just wanting a straight conversation without hype, this is a pretty pretty pretty good time to talk.
Warmly,
Shawn Lee and the Blu Team
Coral is now FOR SALE!
Over the past two years, our team has poured heart, care, and a whole lot of intention into bringing these eight thoughtfully designed townhomes to life. Built with the “missing middle” in mind, Coral is about community, comfort, and homes shaped by the vibrant colour, culture, and energy of Commercial Drive. These beautiful homes are now FOR SALE and we’re loving the positive feedback around design, finishes, and livability.
Interiors are by the award-winning Evoke International, Italian- made SMEG appliances are courtesy of our friends at Midland Appliances. The huge rooftop decks offer space to entertain, garden, or soak up the sun, while the central courtyard creates an oasis for connection.
Sustainability shapes every aspect of Coral‘s design by MA+HG Architects and LaRoque Developments ensuring each home achieves exceptional energy efficiency and a minimal environmental footprint. Built according to Vancouver’s Zero Emissions Building Plan (ZEBP), these homes maximize insulation, airtightness, and overall performance. Crafted with enduring materials and thoughtful design, Coral is built to stand the test of time.
For more information including floor plans and pricing check out our Coral page here.
For more information including floor plans and pricing check out our Coral page here.
Out & About:
Mustafa Akhtar + REW
Mustafa was recently tapped by REW to be THE voice on Co-ops, breaking down how they work, who they're for, and why they can be a smart play when you have the right guidance.
Deals & Dreams
Whether you’re searching for a stunning dream home or a deal too good to pass up, we’ve got you covered. Every month, we handpick the most breathtaking properties and unbeatable bargains on the market, bringing you the best of both worlds.
#315 – 7471 Blundell Road, Richmond
Soho-style living in the heart of Richmond for under $450K. Jen Friesen‘s beautifully renovated one-bedroom + loft, two-bath home features soaring vaulted ceilings, a chef’s kitchen with stone countertops and stainless steel appliances, a wood-burning fireplace, and a loft-style primary with ensuite and private rooftop patio. Air conditioning, in-suite laundry, parking, and resort-style amenities – all just steps from Richmond Centre, Minoru Park, and transit. Now that’s a deal and a half!
Soho-style living in the heart of Richmond for under $450K. Jen Friesen‘s beautifully renovated one-bedroom + loft, two-bath home features soaring vaulted ceilings, a chef’s kitchen with stone countertops and stainless steel appliances, a wood-burning fireplace, and a loft-style primary with ensuite and private rooftop patio. Air conditioning, in-suite laundry, parking, and resort-style amenities – all just steps from Richmond Centre, Minoru Park, and transit. Now that’s a deal and a half!
170 Sunset Drive, Lions Bay
Normally, this section features homes you can buy, but this Lions Bay dream home is one you could actually win. Reimagined in 2014 with expert architecture by Rommel Design, this West Coast stunner showcases thoughtful design and quality craftsmanship that blends seamlessly with the stunning natural surroundings. This stylish home is part of an exciting Wealthsimple giveaway, with our Jen Friesen helping to procure the property, which was listed by Thyra McKilligan. Not your typical Dream listing, but definitely one worth dreaming about.
Normally, this section features homes you can buy, but this Lions Bay dream home is one you could actually win. Reimagined in 2014 with expert architecture by Rommel Design, this West Coast stunner showcases thoughtful design and quality craftsmanship that blends seamlessly with the stunning natural surroundings. This stylish home is part of an exciting Wealthsimple giveaway, with our Jen Friesen helping to procure the property, which was listed by Thyra McKilligan. Not your typical Dream listing, but definitely one worth dreaming about.
Agent of the Month:
Brook Ewert
Huge congratulations to our own Brook Ewert, who’s now officially a two-time Dad. Brook and his partner, Sandy, just welcomed a beautiful baby girl named Samara and the entire Blu crew couldn’t be happier for them. As is so often the case in real estate, life doesn’t slow down when big milestones hit. Brook has been busier than ever, out touring buyers, fielding offers, and actively promoting his North Shore listings. Between showings, negotiations, and new-dad duties, he’s proving once again that he’s a total pro. Big love to Brook, Sandy, Bodhi and little Samara from all of us at Blu.
Local Spotlight:
The Grind
The Grind just opened its doors near our Blu Realty headquarters on the seawall, serving up great coffee, smoothies, and Vegain supplements in a relaxed, welcoming space. The menu is 100% plant-based, making it an easy go-to for anyone looking for thoughtful, feel-good options without compromising on flavour. It’s the perfect spot to fuel up before the day starts, catch a quick meeting, or unwind with a quality cup made by people who clearly care about what they do. A great new addition to the neighbourhood and one that’s quickly becoming a favourite for locals and our team alike.
Featured Listings
Subscribe To Our Newsletter
If you enjoyed reading our Newsletter you won’t want to miss our next one!
Fill in your information below to subscribe and receive our Newsletters in your email inbox every month.
Fill in your information below to subscribe and receive our Newsletters in your email inbox every month.
