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.
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...
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...
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...
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...
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...
What will it take to make Canadian Real Estate affordable again? Well if this isn’t the million dollar question, I don’t know what is?
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses Canadian lending practices in terms of qualification and GDS/TDS requirements and the issues facing the housing affordabi...
