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January 2023

Real Estate Title Fraud On The RISE In Canada

Posted on Jan 30, 2023


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...

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Canadians Can't Qualify For Their Own Mortgages

Posted on Jan 27, 2023


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...

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The REAL Reason Canadian Real Estate Will NEVER Be "Affordable" 

Posted on Jan 25, 2023


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...

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The Canadian Real Estate Market | REAL House Prices

Posted on Jan 23, 2023


In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty does a deep dive into the most recent FVREB stats to make sense of what is going on in the market right now and what to expect or consider as we move forward in 2023.

Some topics covered in today’s video include: Sales activity in FVREB, months of inventory, listing...

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Real Estate Sales Plunge Below 40 Year Average!

Posted on Jan 20, 2023


I'm sure this isn’t the first video or headline you have read stating how real estate sales are at the lowest they have been in a very very long time. So what does this mean exactly?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty reviews both monthly sales and months of inventory in the Fraser Valley dating back to...

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I Lied...And I Am Sorry

Posted on Jan 19, 2023


I must apologise as in my previous video on this topic I made some assumptions around how the removal of rental restrictions would affect 55+ age restricted communities, and now that further clarification and interpretation of the Strata Property Act have come to light, I feel it is prudent to present these to you.

Today’s video should provide some...

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