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The State Of The Fraser Valley Real Estate Market | February 2023

Posted on Feb 10, 2023

What is the Fraser Valley Real Estate Market looking like in February 2023?

In today’s video, Surrey REALTOR, Steve Karrasch of Macdonald Realty does his monthly walk through of the most recent FVREB market stats to review months of inventory in some key neighbourhoods in an effort to gain a clearer picture in terms of whether the market in each reg...

Surrey Real Estate to Return to 2014 Values

Posted on Feb 08, 2023

No one wants to call the bottom of the Real Estate industry, but Better Dwelling published a recent article where Oxford Economics is forecasting that the Canadian Real Estate Market may currently only be HALFWAY to the bottom!

In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through Better Dwell...

"Multiple Property Owners" Hold 41% of all Housing

Posted on Feb 06, 2023

Are real estate investors what is wrong with the Canadian Real Estate Market, driving up prices, and decreasing available supply for those looking for a home to live in? But what makes a real estate owner an investor?

In this video, Surrey REALTOR®, Steve Karrasch of Macdonald Realty explores the question of what exactly makes a real estate owner a...

"Bank of Mom and Dad" is about to go BANKRUPT

Posted on Feb 03, 2023

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty reviews a recent article published by Yahoo Finance, that discusses the uptick in Canadian Reverse Mortgage applications in recent years in order for older homeowners to “age in place” by keeping their home. With current interest rates rising, and high cost of livin...

Real Estate Title Fraud On The RISE In Canada

Posted on Jan 30, 2023

Did you know that Real Estate Title Fraud is on the rise in Canada? A recent article from the CBC is shining light on the most recent real estate fraud that has resulted in homes being fraudulently sold out from under the owner.

In this video, Surrey REALTOR® , Steve Karrasch of Macdonald Realty walks through how title fraud is being conducted and...

Canadians Can't Qualify For Their Own Mortgages

Posted on Jan 27, 2023

With the BOC continuing on their overnight rate hiking path, Canadian fixed rate mortgage holders can expect to feel the squeeze this year as they look to renew their mortgages. Should Canadians be worried about finding themselves in a situation where they can't qualify for their own mortgages, as some media headlines would like to have us believe...