The "Surrey Report" is a monthly video market update designed to inform our clients and the public about the most recent statistics of the "Surrey Combined" area, as defined by the Fraser Valley Real Estate Board. Each month we cover year to year and month to month pricing changes of three property types including Detached Homes, Townhomes and Condos. Our team also works to update clients on recent market trends, tips and changes to our industry that affect our primary marketing areas of Surrey, North Delta, Cloverdale, Langley, and White Rock.
The skytrain is expanding out into the Fraser Valley, something that is LONG overdue. But not everyone is jumping for joy over this transit expansion, specifically those currently living close to the newly announced skytrain stations.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the pros and cons asso...
Tenanted properties are proving to be very difficult to sell right now in BC.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses what he is currently seeing when selling tenanted properties, including what prospective buyers are saying.
There is a clause written in the terms of almost every mortgage that you need to know about, and that is , the “Total Indebtedness” clause.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the total indebtedness clause, what you need to be aware of and what you should consider should you want to take out...
What is the deal with mortgage insurance and is it something you should be purchasing from the financial institution that holds your mortgage, or is there something else that could be more beneficial to you?
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses critical illness and mortgage insurance offered t...
The Canadian Federal government announced two major changes to mortgage lending in the hopes to open the home ownership door to more Canadians. The first being, to increase CMHC insurable loans on a maximum home purchase of $999,999 to $1,500,000 and the second being extending 30 year amortizations to all qualifying homeowners.
When you purchase a property in the province of BC the title or ownership for that property will transfer from the seller to you! So what exactly does a Title Search document look like and what does all that information mean?
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the importance of and how to re...