The Mic for Vancouver Real Estate

Welcome to a jam-packed episode of "The Mic for Vancouver Real Estate," where we're diving deep into the November 2023 Market in Vancouver. The seasonal slow down in sales paired with an increased supply has led the market in a different direction than we have seen these past few years. Is it a good time to buy? Is it a good time to sell? Have prices finally fallen to an "affordable" level? Make sure you tune in to find out! Watch us on Youtube: https://youtu.be/F5NDKrTUcjE As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would like to learn more about. Please leave us a comment or send us an email at: MicforvanRE@gmail.com!

Welcome back to Episode 42 of The Mic for Vancouver Real Estate! We've got a jam-packed episode focusing on the latest trends and issues affecting our real estate market. Here's what we're diving into: 🏠 Homeownership Dreams: The financial stress thrust upon homeowners is very real, and this is what the government is doing to help Canadians through it. 📈Density Changes: Premier David Eby allows for density changes which will alter the landscape of Vancouver Real Estate Forever 👶 Mass Exodus in Canada: With the sky high costs of living in major cities, many residents are seeking to leave Canada for other opportunities in order to survive. Watch us on Youtube: https://youtu.be/TidUWr7JjoA Don't miss out on this comprehensive look at Vancouver's ever-changing real estate market. Tune in now, and make sure to subscribe for all the latest updates!

Welcome to a jam-packed episode of "The Mic for Vancouver Real Estate," where we're diving deep into the October 2023 Market in Vancouver. Finally breaking through historical 10-year averages this month saw some significant swings in several categories. Is it a good time to buy? Is it a good time to sell? Have prices finally fallen to an "affordable" level? Make sure you tune in to find out! Watch us on Youtube: https://youtu.be/fp9u_M77gWQ As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would like to learn more about. Please leave us a comment or send us an email at: MicforvanRE@gmail.com!

Welcome back to Episode 40 of The Mic for Vancouver Real Estate! This October News Round Up is packed with the latest scoop on the evolving real estate landscape in Vancouver. Here's the drill-down: 🌆 View Cones Revision: The debate is heating up over Vancouver's view cones. We dissect the proposed revisions and the potential impact on the city’s skyline. 🎓 Student Housing Crisis: The housing crunch is hitting students hard. We delve into their struggles and the call for universities to step in. 🛏️ Short-term Rental Rules: Hold tight as we unravel the new short-term rental regulations and what they spell out for homeowners and the rental market. 🚫 Development Hurdles: Opposition to rezoning is stirring the pot. We discuss the clash between residents and developers, and what it means for housing availability. 💵 Affordable Housing Update: Proposed rent hikes in affordable housing schemes have stirred the pot. We explore the debate and the potential fallout. ...and more including the latest on interest rate stability from the Bank of Canada, the surge in real estate agents, and a game-changing lawsuit in the US affecting real estate commissions. Watch us on Youtube: https://youtu.be/fe8Le-AIc1I Dive into this comprehensive exploration of Vancouver’s real estate scene. Hit play, subscribe for all the latest updates, and let's delve into these pressing issues together!

Welcome back to Episode 39 of The Mic for Vancouver Real Estate! This episode zooms into the September 2023 market dynamics in Vancouver. We unravel the sales activity, price trends, inventory insights, and the sales-to-active ratio rundown. Additionally, we touch upon the continuing rise in rent prices and what it denotes for the market. 🏠 Sales have seen a mix of trends compared to last year and last month. 💲 The HPI price stands at $1,203,300, showing nuanced shifts. 📈 A noticeable inventory increase has come about, veering above the 10-year average. 💹 The sales-to-active ratio exhibits a downtick across all property types. Join us as we dissect these numbers and discuss the possible ripple effects on both buyers and sellers. Don’t miss out on these crucial market insights. Tune in now, and make sure to hit the subscribe button for all the latest updates in Vancouver's real estate market! 🚀 Watch us on Youtube: https://youtu.be/D0PAGkpQ2ng As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would like to learn more about. Please leave us a comment or send us an email at: MicforvanRE@gmail.com!

Welcome back to Episode 38 of The Mic for Vancouver Real Estate! We've got a jam-packed episode focusing on the latest trends and issues affecting our real estate market. Here's what we're diving into: 🏠 Homeownership Dreams: Nearly half of non-homeowners in Canada think they'll never own a home. We dissect the latest Semi-Annual State of the Housing Report and discuss what this means for all of us. 📈 Affordability Crisis: Canada needs 3.5 million more homes by 2030 to restore affordability. We break down these staggering numbers and explore the challenges and opportunities on the horizon. 💰 Short-term Rental Shock: Hold onto your seats! The short-term rental license fee in Vancouver is set to skyrocket. We discuss what this means for homeowners and the rental market at large. 👶 Fertility & Housing: Could the sky-high cost of housing be affecting Canada's fertility rate? We delve into this intriguing correlation and its potential long-term implications. Don't miss out on this comprehensive look at Vancouver's ever-changing real estate market. Tune in now, and make sure to subscribe for all the latest updates! https://youtu.be/mlfj2fxlw2Y

Welcome to Episode 37 of The Mic for Vancouver Real Estate: August 2023 Market Update—Your Ultimate Guide to Dominating the Market! Summer's wrapping up, and we've got a sizzling August update you won't want to miss! The market's been a rollercoaster, but we've got the quick stats and hot takes to keep you ahead of the game. Sales are up 21.4% from last August but down 6.5% from July. HPI Prices have hit $1,208,400, showing a slight year-over-year increase. Inventory is up but still below seasonal averages, and the sales-to-active ratio remains stable. Expert Andrew Lis says the market is defying expectations, and we're seeing a cooling trend in detached houses. If you're thinking of upsizing, now might be the perfect time. Watch us on Youtube: https://youtu.be/0SdyPaB9Bfg 🎧Subscribe to The Mic for Vancouver Real Estate and stay ahead of the curve! Until next time, keep dominating the market! 🚀

Welcome back to The Mic for Vancouver Real Estate! Episode 36 is here, and we're tackling some of the most pressing issues in Vancouver's real estate market. Let's dive in! Parking Dilemma: Are parking stalls a thing of the past? We discuss the city's new policies and the developers' take on this hot-button issue. 🚗 Market Resilience: Despite the challenges, the BC housing market is holding strong. We'll look at the latest stats and what they mean for you.🏡 Population Surge: Canada's population is booming, and it's affecting our housing market in a big way. We explore the impact of this rapid growth. 📈 Affordable Housing: Burnaby is making strides in affordable housing. We'll update you on their ambitious plans for the future. 🏠 Fraud Alert: A shocking case of real estate fraud has come to light. We delve into the details and offer tips on how to protect yourself. 🛡️ Expert Insights: From the role of interest rates to the future of downtown Vancouver, we're asking the big questions and providing actionable advice. 💡 Watch us on Youtube: https://youtu.be/b-Y0GaT9Uo0 Don't miss out on this comprehensive look at Vancouver's dynamic real estate market. Tune into Episode 36 now, and make sure to subscribe to The Mic for Vancouver Real Estate for all the latest updates!

Welcome back to The Mic for Vancouver Real Estate! As we celebrate our 1-year anniversary and 34 episodes, we're taking a moment to reflect on our journey and dive deep into the latest market trends. Let's dive in! Anniversary Reflections: Joe and Jeff share their biggest lessons from the podcast. From policy changes to market insights, they discuss how the podcast has been a tool for learning and staying updated. Joe's favorite episodes? The very first one and the enlightening chat with Ashley Craig. Jeff highlights the importance of understanding the broader market influences. Rental Insights: Vancouver's average one-bedroom rent has spiked to a staggering $2,945 monthly, with two-bedroom units following suit. How does this compare to US cities like Santa Ana and Oakland? Developer Fee Delays: Good news for developers as the City of Vancouver decides to delay fee hikes. But what are CACs and DCLs? BC Real Estate Investment: A significant drop in BC's real estate investment is observed in the first half of the year. What's causing this decline, and how does it tie into interest rates, commercial real estate, and land purchases? Realtor Mishaps: To lighten things up, hear about a realtor who faced a hefty fine for... drinking a customer's milk? It's a humorous reminder of the unique challenges and stories in the real estate world. Watch us on Youtube: https://youtu.be/TFT6RejD3lA Join us as we navigate Vancouver's dynamic real estate landscape, share insights, and even have a few laughs along the way. Don't forget to subscribe to The Mic for Vancouver Real Estate for all our updates. Let's master the market together!

Welcome back to The Mic for Vancouver Real Estate! It's a hot summer, and the real estate market is sizzling too. Episode 34 is now live, and we're diving right into the numbers for a good ol' time analyzing the market. Let's get started! Sales Activity: July 2023 was a shocker with 2455 total sales, a 28.9% increase from last year but a 17.8% decrease from June. Still, we're 15.6% below the 10-year average. Price: The HPI Price for July 2023 is $1,210,700. Are we finally back in the positive year-to-year? Tune in to find out! Inventory: With 10,301 total homes on the market, we're seeing some interesting trends. Is it time to party, or should we be cautious? We'll break it down. Sales to Active Ratio & Rent: From houses to apartments, we've got the latest stats. Plus, a deep dive into rent prices in Metro Vancouver, including a quote that sums up the current climate: "Temperatures are rising across the Lower Mainland, and so too are the region's rent prices." THOUGHTS: From the impact of interest rates to the Airbnb vs. Long Term Rental debate, we're sharing our insights and asking the big questions. How much would banning Airbnb help? What's driving rent up? We're discussing it all. Market Analysis: We're looking under the hood at sales, inventory, interest rates, and more. What's happening with houses? Why are condos selling fast? We're uncovering the answers. Advice for Buyers & Sellers: Whether you're buying or selling, we've got tips to help you navigate the market in August. Don't give up, seize the opportunity, and start preparing now! Watch us on YouTube: https://youtu.be/Oz1hMN4i-fo Together, let's master the market and make smart moves in Vancouver's bustling real estate scene. Tune into Episode 34, and don't forget to subscribe to The Mic for Vancouver Real Estate for all the latest updates!

Welcome back to The Mic for Vancouver Real Estate! Episode 33 is now live, and it's packed with aha moments on how to win multiple offers! Dive in with our awesome hosts as they break down the secrets of multiple offers in Vancouver's property scene. You'll learn about: - The basics of blind bidding - How do offers work when many people want the same home - Tips on making your offer stand out and win! This episode is your ultimate guide to navigating Vancouver's bustling real estate market. With our latest advice and easy-to-follow tips, you'll be ready to make smart moves and get ahead. Watch us on Youtube: https://youtu.be/45U-oirAva8 Want to be on top of your home-buying game? Tune into Episode 33! And don't forget to subscribe to The Mic for Vancouver Real Estate for all the latest updates. Together, let's master the market!

Stay informed and up to date with our June News Roundup! Get the latest insights on real estate trends and developments. Discover the soaring construction costs during the pandemic, the impact of climate change on housing starts, and the rise in downtown Vancouver's office vacancy rate. Learn about proposed plans for the Jericho Lands project and a lawsuit involving alleged oil tank contamination in Burnaby. Find out how the City of Vancouver is launching digital permitting tools for housing and how Burnaby aims to add rentals but is currently losing them. Watch us on Youtube: https://youtu.be/nOCM4wbMSCA Don't miss a beat! Subscribe to our channel to stay informed and stay ahead in the world of real estate. Join us and be in the know!

Welcome to The Mic for Vancouver Real Estate, your ultimate source for electrifying market updates! Episode 29 is finally here, and we're thrilled to bring you the long-awaited May market update. Join our lively hosts as they embark on an exhilarating journey through Vancouver's real estate landscape. Get ready to uncover the latest price trends, sales activity, and inventory levels that will keep you in the know. We will equip you with the competitive edge needed to conquer Vancouver's ever-changing market. Stay ahead of the game with insider knowledge and the freshest updates that will empower you to make intelligent decisions in this dynamic industry. Watch us on Youtube: https://youtu.be/Wr4U05cZjiE Ready to level up your real estate game? Don't miss out! Subscribe to our channel, The Mic for Vancouver Real Estate, and be the first to catch the hottest trends and expert analysis. Get ready to dominate the market and stay ahead of the pack!

Stay informed and never miss a beat with our May News Roundup! We've got you covered on all the important real estate topics. From the Bank of Canada's interest rate hike to the latest developments in Richmond's condo market, we've got the scoop. Discover how AI is revolutionizing property management and home sales, and dive into the heated discussions about foreign housing tax exemptions for Americans. Plus, we unveil surprising insights on investor-occupants and the CMHC's report on housing starts. Don't miss out! Watch us on Youtube: https://youtu.be/o8TabbQBHPw Subscribe to our channel now to catch all the latest updates and stay ahead in the world of real estate.

Welcome to The Mic for Vancouver Real Estate, where we bring you the most electrifying market updates in town! Episode 29 is here, and we're about to rock your world with the May market update you've been waiting for. Join our hosts as they take you on an exhilarating journey through Vancouver's real estate landscape. Brace yourself for price trends, sales activity, and inventory levels. Our expert analysis will give you the competitive edge you need to conquer Vancouver's ever-changing market. Don't miss out on the latest updates and insider knowledge that will empower you to make the smartest decisions in this dynamic industry. Watch us on Youtube: https://youtu.be/nBykB0dpu7Q Are you ready to level up your real estate game? Subscribe to our channel, The Mic for Vancouver Real Estate, and be the first to know about the hottest trends and expert analysis. Get ready to dominate the market and stay ahead of the pack!

Welcome to Episode 27 of the Vancouver Real Estate channel, where we bring you the latest updates and news on the real estate market in Vancouver and across Canada. In this April News Roundup, we cover the most significant developments in the industry, including changes to interest rates, the impact of inflation, and the state of housing supply in Canada. We shared insightful analysis and commentary on what these developments mean for buyers, sellers, and investors alike. We also highlight the hottest and most interesting news from the world of Canadian real estate. This is a must-watch for anyone looking to stay on top of the latest news and trends in Canadian real estate. Watch us on Youtube: https://www.youtube.com/watch?v=Lo9h6_YOmQs Don't forget to like, comment, and subscribe to our channel for more informative and engaging content, and join the conversation in the comments section below. Thanks for watching, and we'll see you in the next episode!

It's that time of the month again - time for the March Market Update. Get ready for an insightful and engaging dive into the latest real estate trends and numbers. In this video, we'll be unpacking the Sales Activity, Monthly Inventory, Total Inventory, and Sales to Active Ratio, giving you all the juicy details you need to stay ahead of the game in the fast-paced world of real estate. Hold on to your hats, because the numbers are in, and they're looking hot! We'll be breaking down the latest sales activity, showcasing the most impressive deals of the month, and analyzing the market trends that are making waves in March 2023. But that's not all! We'll also be taking a closer look at the monthly and total inventory, giving you insider knowledge of the current supply and demand dynamics that are shaping the market. Plus, we'll be crunching the numbers to bring you the Sales to Active Ratio, a key indicator of the market's health. Get ready to learn, laugh, and level up your real estate game with our March 2023 Market Update! Don't forget to like, comment, and subscribe to our channel for more valuable content. Let's dive in!

Welcome back to The Mic for Vancouver Real Estate, where we bring you the latest and greatest in the world of Vancouver property. It's time for our March News Round Up! This is a milestone episode for us as we hit the silver mark with our 25th episode, and we've got a jam-packed show for you today. We're talking interest rates, important news and market updates, stability checks, strata and other significant topics you need to know! We're not just going to give you the facts - we'll break down the information in a way that's easy to understand and make it fun along the way! Stay tuned and learn more with us! Watch us on Youtube: https://youtu.be/L25rWLl7LtY As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would like to learn more about. Please leave us a comment or send us an email at: MicforvanRE@gmail.com!

Welcome to Episode 24 of The Mic for Vancouver Real Estate series where we explore the latest and greatest in the world of pre-sale marketing! In this episode, we sit down with Ashley, the next superstar in the project marketing industry. Join us as we delve into Ashley's experiences working on presale projects both here and in Toronto, discussing the ins and outs of the presale process for both realtors and consumers. We also utilize Ashley's expertise to uncover some of the most important components of buying a presale, revealing invaluable insights that will leave you better equipped for your next pre-sale purchase. That's not all! We also take a sneak peek into the future of project marketing and what it entails. Get ready to be inspired as we explore the emerging trends that will shape the industry in the years to come. This episode promises to be one of our most exciting yet, so don't miss out! Tune in now to gain exclusive access to the mind of Ashley, the future of project marketing! Watch us on Youtube: https://youtu.be/ku9ACXBga-c As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would like to learn more about. Please leave us a comment or send us an email at: MicforvanRE@gmail.com!

The real estate market in February 2023 has been showing some signs of recovery after a year of pandemic-induced stagnation. According to the latest market update, February was a much busier month than January, with an uptick in sales and interest rates holding steady. Jeff and Joe, in their podcast "The Lab 2.0", discuss the state of the market, sharing their experiences and insights. Jeff and Joe's own experiences show that the market has been heating up again. Jeff had an open house in Fairview that attracted 40 groups on the first day, and they ended up receiving four offers, one of which was subject-free and sold for over $800,000. Even their recent open house in Metrotown attracted almost 30 groups, indicating strong interest from buyers. However, for Jeff's buyers, finding good properties has become increasingly difficult, and sometimes it doesn't even make it through the open house. Overall, the real estate market seems to be in a better position than it was a few months ago. However, it remains to be seen whether this is a cyclical uptick of spring or a more sustained recovery from the pandemic. With interest rates holding steady, this could be a good time for both buyers and sellers to take advantage of the market conditions. Watch us on Youtube: https://youtu.be/aZkz-u16-eE As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would like to learn more about. Please leave us a comment or send us an email at: MicforvanRE@gmail.com!