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March 2024

35% of Homeowners will go Bankrupt in 2024?

Posted on Mar 25, 2024


Two years ago, our Youtube channel covered a Daily Hive article that claimed as many as 35% of Canadian households were concerned about going bankrupt due to rising interest rates. Now that the BOC overnight rate is holding steady at 5% and reported consumer bankruptcies are still below pre-pandemic levels, could the wave of fixed rate mortgage ren...

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Surrey Real Estate Falls FLAT Amid Uncertainty

Posted on Mar 18, 2024


The Surrey townhouse and condo market appear to be stabilising, providing some price certainty to a market that has very much lacked it for quite some time.

In today’s video, Surrey REALTOR®, Steve Karrasch of Macdonald Realty takes a look back at how far the Fraser Valley Real Estate Market has come since 2020 and where he thinks the market is hea...

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Why You Are Not Priced Out of Canadian Real Estate

Posted on Mar 11, 2024


Average, Median and Benchmark price can all tell a very different tale of what the real estate market is doing over a given period of time.

In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty reviews the February FVREB stats and compares average, median and benchmark prices in an effort to gauge the curr...

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Massive Government Overstep in Canadian Real Estate

Posted on Mar 06, 2024


The Federal government is expanding their FINTRAC requirements when it comes to collecting personal information in an effort to crackdown on money laundering through the Canadian housing market.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the contents of the current FINTRAC form that all real est...

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