Say Good Bye Bidding Wars In Surrey Real Estate #SHORTS

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SAY GOOD BYE TO BIDDING WARS!

The FVREB (Fraser Valley Real Estate Board) has just hit 4000+ listings. This is a sign that the market has shifted. Bidding wars and under pricing will stop and Subjects will come back into each offer.

Over all this is a great thing for the market and the public. Sellers will hate it short term and Buyers will hesitate because they thing the market will come down.

#SurreyRealEstate #SurreyRealtor #FVREB

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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.
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Spring market always has the most is this suprising yes listings can go up even more from here (from 4k to 6k or 8k), the MOI would still be technically low.

(and no I ain't sayin prices are still gonna go up, they prob gonna go down a little bit from here or just hover at these inflated levels for a bit)

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