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BC Finally Makes Buying Real Estate Fair

Posted on Oct 07, 2022

BC REALTORs, through the BCREA, are introducing a new self imposed rule to improve real estate transactions for you the buyer and seller in the future. During the intense sellers market that we experienced in late 2021 and early 2022, it was commonplace for REALTORs to hold offers until a specified offer date via the Direction Regarding Presentatio...

Canadian Home Prices DOWN, Mortgage Payments UP!

Posted on Oct 03, 2022

With rising interest rates and falling real estate sale prices, what does that mean in terms of what you may now qualify for when it comes to a mortgage and more specifically your monthly mortgage payment? Could it actually be possible that with home prices down, mortgage payments are actually up due to the rise in interest rates?

In this video, Sur...

The Canadian Real Estate Market is Getting GOOD!

Posted on Sep 30, 2022

The Canadian Real Estate market is a bad market right now, right? But what does that mean? What defines a “good” market versus a “bad” market, and aren’t there always opportunities depending on whether you are on the buying or selling end of the real estate transaction?

In this video, Surrey Real Estate specialist Steve Karrasch, breaks down just wh...

Surrey Real Estate Prices Dropping So Fast!

Posted on Sep 26, 2022

Is the current state of the real estate market as bad as some of the “doom and gloom” headlines in the media like to portray?

In this video, Surrey Realtor Steve Karrasch of Macdonald Realty breaks down the current consumption rate (sales to actives ratio) of real estate in the Fraser Valley real estate board and how historically speaking the curre...

Canadian Fixed Mortgage Rates JUST Flipped!

Posted on Sep 23, 2022

Are you currently shopping for a mortgage? Or perhaps your current mortgage term is set to expire in the coming year and you are conflicted about what to do upon renewal?

With the current volatility in variable rate interest rates, it is more important than ever to do your due diligence and research when it comes to securing your next mortgage.

In th...

The Current Condition of the Fraser Valley Real Estate Market

Posted on Sep 19, 2022

What is the Fraser Valley Real Estate Market looking like in September 2022?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty takes a walk through the most recent FVREB market stats to review months of inventory in some key neighbourhoods to gain a clearer picture in terms of whether the market in each region is now i...