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.
Is the current state of the real estate market as bad as some of the “doom and gloom” headlines in the media like to portray?
In this video, Surrey Realtor Steve Karrasch of Macdonald Realty breaks down the current consumption rate (sales to actives ratio) of real estate in the Fraser Valley real estate board and how historically speaking the curre...
Are you currently shopping for a mortgage? Or perhaps your current mortgage term is set to expire in the coming year and you are conflicted about what to do upon renewal?
With the current volatility in variable rate interest rates, it is more important than ever to do your due diligence and research when it comes to securing your next mortgage.
What is the Fraser Valley Real Estate Market looking like in September 2022?
In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty takes a walk through the most recent FVREB market stats to review months of inventory in some key neighbourhoods to gain a clearer picture in terms of whether the market in each region is now i...
Are you a landlord looking for a better way to manage your real estate investment portfolio? Or perhaps an all in one tool to help you determine if a property is a viable investment to purchase? If you're ready to ditch the spreadsheets and manage your real estate investments in a secure and easy to use app, you need to check out Lendlord.
Why are new builds so expensive compared to resale properties? Well, a recently released report from CMHC uncovered that government costs and fees make up a significant portion of a new build’s price and in some regions of Canada these costs and fees are higher than a typical builder’s profit on the project.
As interest rates continue to rise and real estate sale prices continue to slide, some firm deals are unfortunately not closing when the closing date arrives. So what does this mean? And what happens if you were to find yourself in this type of situation?
In this month's Surrey Report, Surrey Real Estate specialist, Steve Karrasch of Macdonald Real...
