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May 2022

A Warning to all Pre-Sale Real Estate Buyers

Posted on May 30, 2022

If you recently purchased pre-construction real estate in BC, this video is for you. Developers are starting to include a price adjustment clause in their pre-sale contract that could result in the buyer paying more than the agreed upon sale price.

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the price a...

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How's the Fraser Valley Real Estate Market? May 2022 

Posted on May 25, 2022

With number of real estate sales slipping from the highs seen in early 2022, has the Fraser Valley Real Estate market reached a balanced market? Is it close to becoming a buyers market?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the most recent FVREB market stats with regards to months of inventor...

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Vancouver Real Estate Selling for 50% Less...Or is it?

Posted on May 20, 2022

Don’t believe everything you read…especially if you have read it on the Internet. That statement is especially true when it comes to the plethora of local news articles posted almost daily about the Vancouver real estate market and the current trend to write about specific real estate sales.

In this video, Surrey REALTOR® Steve Karrasch of Macdonal...

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You Better Pay Down Your Mortgage FAST!

Posted on May 18, 2022

With rising interest rates comes rising mortgage payments, either immediately for those on a variable product, or in the near future for those with expiring fixed rate mortgages. So what can you do now to lessen the blow of rising interest rates and pay down your mortgage fast?

In this video, Surrey real estate specialist Steve Karrasch of Macdonald...

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First Time Buyers Are Being Forgotten In BC Real Estate

Posted on May 16, 2022

First time home buyers are feeling left behind as the average cost of real estate in BC is over the $500,000 maximum purchase price criteria currently established to qualify for BC’s First Time Home Buyers’ Program. The First Time Home Buyers’ Program exempts qualifying first time buyers from paying the property transfer tax associated with the pur...

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How Far Will The Real Estate Market Drop In Surrey

Posted on May 13, 2022

After two years of record low interest rates and skyrocketing real estate prices, the party appears to be over as the Canadian Real Estate Market is officially entering correction territory.

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty discusses how far he believes house prices in the Fraser Valley will likely fall as interest...

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