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 risks for homeowners when it comes to renewing into much higher mortgage rates, his theory in terms of how GDS will impact housing affordability in an environment of falling house prices and the fact that you should be taking action NOW to safeguard your real estate investment and finances.
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.