Karrasch Real Properties | Your Surrey REALTORS® - Steve test page

Canadian Real Estate Has A Secret Day in 2022!

Posted on Nov 22, 2021

Did you know that January is a great month to list real estate? In fact, in our humble opinion, there is an ideal date in January 2022 to list your home, give you the highest exposure and potentially a higher sale price! It just so happens that historically the most undersupplied date of each year falls in January, and that due to the lack of suppl...

What Will Happen When Canadian Interest Rates Go Up?

Posted on Nov 19, 2021

The Bank of Canada will very likely begin to increase interest rates starting Q2 of 2022. But what will happen when interest rates go up? What impact will increases have on the Canadian real estate market and BC housing prices?

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty, takes a look at the potential impacts even...

BC Just Made Real Estate Speculation Even Worse

Posted on Nov 17, 2021

The BC Financial Services Authority (BCFSA) has announced the intention to seek consultation from market experts and industry stakeholders to review the potential of introducing new consumer protection measures in 2022 in an effort to help protect consumers in the BC real estate market.

These measures include, the Province of BC’s previously announ...

Banning Single Family Homes in Vancouver Canada

Posted on Nov 15, 2021

New Zealand has recently announced an end to single-family zoning in its five biggest cities, with the goal of encouraging more medium density construction to predominantly single-family areas. Not surprisingly, this is drawing the attention of both Vancouver city planners and housing advocates in BC. Would implementing a similar change to zoning i...

Canadian Interest Rate Increases Coming In April 2022

Posted on Nov 12, 2021

The Bank of Canada (BOC) announced in late October an end to their Quantitative Easing program put in place at the beginning of the COVID-19 pandemic. This program helped stimulate the economy, keeping the cost of borrowing for Canadian households and businesses low by purchasing large amounts of Government issued bonds, bidding up their price, thu...

Confronting A 30 Year Old About His $4M Real Estate Portfolio

Posted on Nov 10, 2021

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty sits down with Tom Storey of The Storey Team with Royal LePage Signature and discusses how Tom was able to grow his real estate portfolio from his first time 600 sqft condo purchase at age 23 into 4 properties with an estimated valuation of $4M in 7 short years.

Check o...