SHARP STORIES - VANCOUVER REAL ESTATE PODCAST

The government has started making changes to bandaid the current situation in the Vancouver Real Estate Market as we come closer and closer to election season.. Their claim that they will build 4 million homes (1 home / minute) across the country is a tall order. Specifically within the current interest rate environment. Yes, rates are dropping... But is hasn't been fast enough YET to really stimu...

Welcome to the August 2024 Vancouver Real Estate market update! August was unfortunately much of the same as July. Increased inventory levels in all categories & decreased sales in all categories. Benchmark housing prices on the West Side have continued to increase and though the rates have decreased and will apparently continue to do so, Buyers at mass have not yet hopped off the fence to start s...

This week I discuss the convoluted and highly controversial topic of VANCOUVER VIEW CONES! What are they? Why do we have them? Is it a good thing that we are getting rid of them? And how do they make Vancouver Real Estate harder to build & more expensive? Take a walk with me through the details of these 35 year old restrictions which some say have created the Vancouver we know and love today! Comm...

This week I am talking to the Buyers out there. What is happening on those calls between your Buyers Agent & the Listing Agent on the property you have selected to try and purchase? Is this like Million Dollar Listing New York?? Os is there a bit more depth to this art of negotiation?? Well I guess I am speaking of MY method of negotiation from the Buying side, this can't be assumed to be the proc...

This week we dive into the numbers as we do every month at this time. What does the entire market look like as of the end of July 2024? What does the West Side look like at the end of the month? Additionally we have a little show and tell of the most & lest expensive detached homes currently offered for sale on the West Side of Vancouver. Thank you for your attention and see you next week! ---- Ja...

Finding a career path that will be in demand for ever & will get you to a six-figure income before the average canadian! That is what we are talking about this week on the channel. Join me to discuss the best way to prepare your kids for Buying a home in Vancouver sooner than the average Vancouverite! Interested in your thoughts, that parallel mine or contrast of course. Thank you for your attenti...

This week we dive into the city council passing amendments to previously protected areas and swaths of land covered in historically significant properties (commercial & residential) in order to make way for more blanket density dictated from the province... This is a very reactive approach to the current "problem at hand" and has the means to destroy the fabric of many neighbourhoods around the ci...

Welcome to the July 2024 Vancouver Real Estate Market update! This month we have consistency in the listing environment with record high inventory numbers staying consistent. Sales this past month are consistent on the softer side of things. Buyers for the most part oil this (still) high interest rate environment are rightfully hesitant to purchase unless they have to. Time is on their side and in...

The Revamp & Re-list saga has now come to an end! The property has now sold. Within three days back on market post Revamp we had achieved an accepted offer on the property. This has led to a sale. This episode is a slight recap of the process that we went through with unit #1903 & the shuttle art of shopping an offer... What does that mean?? It means we are doing the best we can for our sellers at...

This week we conclude the Revamp & Re-List of 1903 - 188 E Esplanade in the heart of Lower Lonsdale. This unit was on the market for some time and we were getting attention but not enough to sell at the sellers desired price range. There were however a number of specific dislikes the market had over the unit time after time. We like to call and follow up after every showing to see the buyers throu...

This week we are doing some cosmetic detailing to a listing that isn’t quite getting the attention from the market needed to sell. We will do a little before and after to show what work is being done in the unit next week. We are doing things response to market feedback we have received over the past handful of months, in efforts to get the property sold. We are doing this in place of a price redu...

This week the Revamp & Re-list unit in Lower Lonsdale is not quite finished so we will be getting to that in next weeks video. THE RATES have been adjusted down for the first time in four years!! This is great & very welcomed news to variable rate mortgage / line of credit / HELOC & construction loan holders across the country... In addition this months numbers and sales are WAY down with Listings...

The benchmark Pricing is STILL on the rise and it is not slowing down by the looks of things. Why is it happening? What strengthens the market? What weakens the market? There are other things happening in the background that are simply beyond the abs & flows of the market trends in general... Thank you for your attention and see you next week! -- -- Jay McInnes 604-771-4606 jay@sharprealestategrou...

This week we discuss the Vancouver Real Estate Market numbers of April 2024. We discuss the fact that inventory is at 42% above the year over year April numbers & that the city of vancouver is on place to dramatically miss its Housing Supply Target! Welcome to another crazy month in the Vancouver real Estate Market! Thank you for your attention and I would love to chat with you in the comments bel...

This week we discuss some random current events around the world & bond rates creeping higher creating an elevated fixed mortgage rate environment on the year. The truth behind Vancouver housing starts & pre-sale projects being put on hold. The apparent settling down of Vancouvers CAC’s (community amenity contributions) no longer being framed as extortion from the city to our much needed developer...

This week we discuss a variety of new measured the government is bringing into place to "help" the Real Estate market. This all egging with First Time Home Buyers & goes all the way up to Real estate investors selling long term assets and getting hit with a shiny new capital gains tax. Now that the government is in full re-election mode, they are spending spending spending for the next 18 months t...

Welcome to the March Vancouver Real Estate trends & numbers. Things are finally starting to look up with regards to climbing inventory numbers. Sales are slowly picking up and pricing is relatively consistent still with not a lot of softness as may have been anticipated. Rates have again been held at 5% for the 6th straight meeting. If you have any questions regarding the Vancouver Real Estate Mar...

Today we relocate to Southwest Marine Vancouver, A West Side neighbourhood synonyms with Estate Living, historically significant mansions and one of the smallest neighbourhoods on the Vancouver West Side. Come with me to explore the in's-&-out's of this great little community filled with parks, quiet tree lined streets and of course magnificent estates offering levels of opulence only seen in a re...

Today we visit one of the most popular Vancouver West Side neighbourhoods, but not for reasons you may think. Arbutus Vancouver is know for its heritage homes and most uniquely between March & April, this is the most popular neighbourhood for Cherry Blossom enthusiasts to come to find that perfect selfie amongst the thousands of Cherry Blossom trees that line the streets of this relatively new nei...

Welcome to Quilchena Vancouver! This is a quiet little mature pocket located between Shaughnessy & MacKenzie Heights, Arbutus & Kerrisdale in the heart of Vancouvers West Side. This neighbourhood revolves around Quilchena Park, which holds the main point of history for the area. Quilchena Park as we know it today was once the location of the first 9 holes of the original Quilchena Golf Course. Pri...

Welcome to the Mackenzie Heights neighbourhood of Vancouvers West Side. Offering a bold past and beautiful tree lines residential street. Mackenzie Heights has been a staple West Side neighbourhood, sought after by families for decades. Originally known as the Uplands neighbourhood of the Arbutus Vancouver, Mackenzie Heights has always demanded its own attention. Dive into Relocate episode #8 to g...

This week we dive into the neighbourhoods offering the Waterfront Properties of Vancouvers West Side! There are three specific neighbourhoods that have true waterfront properties on offer here. What neighbourhoods are they, what do they look like and how many waterfront properties are actually located on Vancouvers West Side? A very exclusive list as you can imagine is what we discuss on todays ep...

This week we discuss the market, January numbers in this February 2024 Vancouver Real Estate Market update. This update as usual will focus on the West Side of Vancouver as well and Metro Vancouver Real Estate numbers. Sales have started the year very strong and look to continue, as people are trying to get ahead of the frenzy with the assumed 2024 interest rate drops. All categories are seeing ri...

This week we go through the top five current events in the vancouver real estate market! - Will we have a 2 tier property tax system in Vancouver? - Q3 2023 was the fastest Canadian population growth since 1957 - How that population growth molding our Vancouver rental market? - Vancouver now has the Highest construction costs in the country for 2024 - Bank rates held for the 4th time ---- Jay McIn...

This week we discuss the new Carbon Tax that Metro Vancouver is planning on charging you for your buildings green house gas emission. Now, to be fair they are starting with larger commercial buildings to get this thing off the ground. However they will quickly. move to residential buildings... Assuming this does go ahead, this is going to offer massive financial burdens to the owners of older stra...