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October 2023

Before Canadian Real Estate Drops...

Posted on Oct 25, 2023


The next 12 to 18 months looks like it will be a turbulent period when it comes to Canadian Real Estate. So, what can you do as a homeowner, or a potential home buyer or seller during this very uncertain economic time, should you wait to act?

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the existing r...

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Canadian Real Estate Buyers Should Be Happy!

Posted on Oct 18, 2023


How did the Fraser Valley Real Estate Market measure up in September 2023?

Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty does his monthly walk through of the most recent FVREB market stats to review months of inventory in some key neighbourhoods in an effort to gain a clearer picture in terms of whether the market in each region...

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How to Prepare for Higher Mortgage Payments

Posted on Oct 11, 2023


Interest rates are at a 22 year high and with the Canadian 5 year bond yield surging higher in recent weeks, putting further pressure on fixed rate mortgages, Canadian mortgage borrowers should brace for significant interest rate increases and mortgage payments upon renewal. So what can you do to prevent yourself from losing your home in the loomin...

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Trouble Brewing in the Canadian Housing Market

Posted on Oct 04, 2023


Trouble is brewing in the Canadian housing market as the pain of higher interest rates is beginning to be felt for 5 year mortgage borrowers renewing their mortgages into MUCH higher interest rates.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty breaks down the mortgage shock coming for many mortgage borrowers i...

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