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Surrey Real Estate Takes a Turn as Prices Continue to Fall

Posted on Oct 16, 2024

With recent CPI inflation numbers coming in below the 2% target, a BC provincial election this weekend and another BOC Rate announcement scheduled for next week, what could all of this mean for the local Surrey and Fraser Valley real estate market this fall?

In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Re...

The TRUTH About Surrey's Skytrain Expansion

Posted on Oct 09, 2024

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...

Nobody is Buying Tenanted Properties

Posted on Oct 07, 2024

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.

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Book time with Steve: https://calendly.com/stevekarrasch

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This Mortgage Could Cost you Big Time!

Posted on Oct 02, 2024

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...

Don't Buy Mortgage Insurance

Posted on Sep 25, 2024

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...

30 Year Amortizations & $1.5M CMHC Mortgages

Posted on Sep 19, 2024

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.

In today’s video, Su...