Karrasch Real Properties | Your Surrey REALTORS®

Stupid Offers are Driving Real Estate Prices Up

Posted on Jan 31, 2022

The Surrey real estate market is out of control and it’s much the same across most of Canada. With so much demand from buyers with easy access to cheap lending and a massive lack of properties for those buyers to pick from, almost every transaction we are a part of in 2022 involved the dreaded “bidding war”. This is when there are competing offers...

What a Real Estate Market Correction will look like

Posted on Jan 28, 2022

Bubble burst, correction, decline…whatever you call it, what will a drop in Canadian housing valuation look like when it happens and what will it take to shift the current market scale from a strong sellers market to a buyers market.

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty discusses what a correction to the C...

Steve Reacts to BOC Rate Announcement - Jan 26, 2022

Posted on Jan 26, 2022

The Bank of Canada made a decision today (Jan 26, 2022) to hold its overnight lending rate at 0.25% after many thought today would result in the first increase since rates were slashed almost 2 years ago.

This begs the question, what does this mean for the housing market in Canada?

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty, s...

The REAL Real Estate Prices in Surrey BC

Posted on Jan 24, 2022

By now we all know and can agree that the price of real estate in Surrey BC is rising at an absolutely astonishing rate. So what exactly can your dollar purchase as of January 2022?

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty breaks down the current average sale price by each sub-class of Surrey condo, townhome an...

Stop Planning to Move to Surrey BC

Posted on Jan 21, 2022

If you are planning a move to Surrey BC right now, stop hesitating and start doing it! The market is rising at an alarming rate and the longer you wait, the more expensive your purchase is likely going to be.

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty discusses in actual dollars just how much the current Surrey...

The Canadian Housing Shortage Myth

Posted on Jan 19, 2022

In this video, Surrey real estate specialist, Steve Karrasch of Macdonald Realty, discusses just how inventory affects the real estate market and debunks the commonly held belief or myth at the moment that the Surrey Real Estate market is experiencing record low inventory.

Are we really experiencing record low inventory, or could it be that the inv...

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