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Buying Real Estate, Prices Falling, Inflation, Recession and FEAR!

Posted on Jul 11, 2022

With the Fraser Valley real estate market in a slowdown, you may be employing the “wait and see” plan to wait and see where the rising interest rate path will leave the Canadian housing market, inflation rates and the economy. However, while you wait and see, you should also be formulating a plan so that when you are ready to transact you can jump...

Fraser Valley Real Estate Will Be Worth Less In The Future!

Posted on Jul 04, 2022

YES! It's true, if you buy a house in Canada today, it will for sure be worth less in the future. And if you have been watching my recent videos you already know that real estate sale prices in the Fraser Valley are sliding from the all time highs seen in the first few months of 2022. So what does this mean, how far can we fall and will the house y...

The Canadian Real Estate Market Is Taking A Break

Posted on Jun 28, 2022

The Canadian Real Estate market has been on an amazing run for the last two years. But now, it appears to be taking a break, or what now might be looked at as a "breath".

In this video, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty explores what you should and should not expect from the Surrey Real Estate market this summer, and...

The Biggest Real Estate Bubble in 40 Years!

Posted on Jun 22, 2022

Is the 2022 Fraser Valley real estate market on track to suffer a similar fate to that experienced in the early 1980s in what looks to be the biggest real estate bubble seen in 40 years?

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty takes a look waaaaay back to the early 1980s to compare how the market reacted then to rapidly in...

Why You Should NOT Buy a Pre Sale Condo in Surrey BC

Posted on Jun 20, 2022

With the Fraser Valley real estate market cooling off and returning to a more balanced market, it begs the question…is right now a good time to potentially consider purchasing a pre-sale condo in Surrey?

In this video, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty looks to the financial crisis of 2008 for clues to what could be d...

Could REITs Improve Social/Affordable Housing In Canada?

Posted on Jun 17, 2022

This may be an unpopular and not so commonly held opinion, but here goes... Real Estate Investment Trusts (REITs) could just be a viable solution to increasing social/affordable housing in Canada, while at the same time improving the living conditions that some government run housing projects have struggled with in recent years.

In this video, Surr...