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South Surrey BC Real Estate - Looking for a realtor |
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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
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Real Estate Market Review |
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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.
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Last Updated ( Wednesday, 06 August 2008 )
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