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Local Real Estate Market Blog

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South Surrey BC Real Estate - Looking for a realtor PDF  | Print |  E-mail

Looking for a South Surrey BC real estate realtor, look no further...

-Top quality service

-Continual communication

-Knowledgable market areas

I don't control the South Surrey BC real estate market, Buyers do... I am here to provide excellent services above and beyond most other realtors out there.  Up-to-date market information, excellent communication, negotiating skills and great service all lead to positive results.  This is why for me, it's all about service!

 

Warmest Regards,


'It's all about service'

Andrew Szalontai

South Surrey BC real estate

andrew@livinginsouthsurrey.ca

 
Real Estate Market Review PDF  | Print |  E-mail

One of the many dire predictions done these past few months by many South Surrey BC  ‘bubbleologists’ out there -


that is all those who indulge in the contemplation of bubbles in the South Surrey BC real estate market of all sizes and colors, whether real or imaginary, coming our way - was that by now real estate markets everywhere would be inundated and swept away by a tsunami of foreclosures of apocalyptic proportions.

The general rationale among those specializing in the fine art of staring at crystal balls (or perhaps at several empty bottles of rum) was that the steady increase in interest rates, the consequence of a tightening monetary policy implemented by the Fed since mid-2004, would have led by now to a collapse of the adjustable-rate mortgages (ARMs) market, since consumers could not possibly cope with the increased monthly payments. This, in turn, would dramatically increase mortgage defaults and foreclosures, with the end result that real estate markets everywhere would be flooded with excess inventory at deflated prices, thus causing markets to crash - the tsunami I was talking about.

Last Updated ( Wednesday, 06 August 2008 )
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Remax Treeland Realty

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