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The Most Popular Detached Homes (in Surrey BC)

Posted on Jul 07, 2023

As a seasoned real estate agent, it should be pretty easy to identify what style of home you are looking at from the street. But, you might be surprised at how many agents and buyers have no idea how to label these homes correctly on the MLS®.

In this video, local Surrey REALTOR®, Steve Karrasch of Macdonald Realty helps you identify the seven most...

Stop Saving For your Down Payment Right Now!

Posted on Jul 03, 2023

In today’s market, saving that elusive 20% downpayment that our parents have all encouraged us to do may no longer be solid advice. Why you ask, well let us break it down for you…

In this video, Surrey real estate Specialist, Steve Karrasch of Macdonald Realty explains why saving up a 20% downpayment in today’s rising rate environment, will not get...

Blind Bidding, Canadian Real Estate Offers Exposed

Posted on Jun 30, 2023

The BCFSA recently conducted a deep dive into 3,266 residential real estate sales conducted between the period of February 19, 2023 and March 18, 2023. This sample size represented approximately 62% of the estimated 5,286 residential sales conducted during that time period. The BCFSA shared their findings regarding how many transactions were in a m...

BC Residential Contract of Purchase and Sale (Updated for 2023)

Posted on Jun 26, 2023

When most residents of BC buy a property, they don't actually understand the process OR the paperwork they are signing to purchase the largest asset of their lifetime.

In today's video, Surrey REALTOR®, Steve Karrasch of Macdonald Realty explains the BC residential contract of purchase and sale, provided by the BCREA and updated for 2023. So now yo...

Surprising Pause in Canada's 2023 Housing Rally

Posted on Jun 23, 2023

The Canadian housing market rallied in the first half of 2023 after the downturn of last year. However, all markets shift and it appears that this year's market is about to take a surprising pause for Summer.

In this video, Surrey Real Estate Specialist, Steve Karrasch explains the trends in the Fraser Valley real estate market heading into Summer...

BC Strata Fees Are Going Up...Again!

Posted on Jun 19, 2023

The BC NDP introduced new legislation requiring that all BC strata corporations must now put aside 10% of their operating budget annually (an increase from the current mandatory 5%) to ensure that there is an adequate contingency reserve fund to protect strata owners and prevent steep special levies and higher insurance costs. So what does this mea...