The Vancouver Life Real Estate Podcast

Condos in downtown Vancouver were one of the few to experience a price drop during Covid.  While detached homes and townhomes saw double digit price increases, downtown condos actually dropped in price by 14%.   Pricing hit bottom in November and have been rapidly increasing ever since, up 7%  over just 3 months.   Inventory dropped from 1,200 to 700 and listings that sat on the market for months...

Home prices jumped 2.6% in just one month as sales volumes registered 73% higher than the year before.  Mortgage rates have started to climb, but the market has yet to show any signs of slowing down.  We dig into the specifics and share some stories about what we're seeing in the market day in and day out.  _________________________________  Contact Us To Book Your Private Consultation: 📆 ht...

In this interview, we learn how people are using their insurance policies to buy real estate. Laurent & Robert are from Safe Pacific Financial, who specialize in building custom financial plans for success driven Canadian’s. They help Canadians understand the power of using life insurance as a financial tool. By protecting their client’s greatest assets and helping them achieve their financial...

Ever thought about having a custom built home made for yourself?  Wonder what the process is like?  The cost?  How long permits take?  The benefit compared to a major renovation?   These answers and a lot more can be found in this interview with Mohsin Ghuman from Pacific Vision Development.  Mohsin and his team specialize in designing and building custom homes and talk about the client journey fr...

Jon & Michael have a wealth of knowledge when it comes to trends in the Vancouver Real Estate market.   We dive into how the Pandemic affect prices and buying habits, what properties look to have the most demand moving forward, and the unbelievable amount of taxes you pay when buying a home.  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.c...

The strong sales volumes seen during the second half of 2020 carried into 2021 with January seeing sales at a 2nd all time high, only trailing 2016.    This is a reoccurring theme lately, where it feels like 2016 all over again.  Properties are appreciating at a very high rate and multiple offer scenarios are commonplace.  We explore what is causing this sustained pressure and how long we think it...

The mortgage industry is changing faster than ever and Peak Mortgages creator Julie Tran walks us through what it takes to get properly financed today and how much people can afford compared to just last year.  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan...

2020's record breaking pace continues into the early weeks of 2021 where we're seeing multiple offers and record breaking prices across the entire lower mainland.   Thing is, it's not just in the detached market either.  Townhomes, Duplexes and even condos are seeing increased activity levels and shocking sales prices.    _________________________________  Contact Us To Book Your Pr...

Ryan & Dan interview Ingo Seibert in this episode, a high profile individual who specializes in real estate investment, development, construction & renovation. Best known for his racetrack, Area 27 in the Okanagan, Ingo owns Lake Excavations and Avion Developments, a group with projects across Western Canada. We look at the investments he's made, his successes and failures and examine...

2020 finished with another recording breaking month.  December real estate sales ended up over 53% higher than last year and almost 58% above the 10 year average.   This pushed all property types into a Sellers Market and prices higher.   We look at what is driving these prices and make our predictions as to what to expect in the upcoming months. . _________________________________  Contact Us To...

2020 was a wildly unpredictable market - we don't think anyones forecasts from back in April hit the mark.   As the world is settling into our new reality, we look forward into what is going to drive prices into 2021 and make our predictions for each property type.   What will interest rates do?  How about the Pre Sale Market?   Should we be expecting new taxes?   We discuss these topic and m...

2020 has really shown how much power the policy makers have on controlling real estate prices in Canada, and particularly, Vancouver.  From mortgage deferrals, lowered interest rates, increasing access to credit and easing of the stress test, these changes have fuelled a double digit annual gain in real estate prices - all while during a recession and pandemic.   Looking beyond just this year, we...

This month the Stock Markets, Bitcoin and Canadian Real Estate prices high all time highs.  We look into how this mass wealth creation is shifting buying habits and the effects of the ever increasing economic divide.  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.co...

The holidays may be thought of as a slower time of year and one to avoid if thinking about listing your home.   In this episode, we talk about the reasons this time of year can actually be a benefit to list, and how the current, well-above average, activity level can accentuate that.  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancou...

November sales in Vancouver were the second highest of all time.  Detached home prices increased a full 1% in value last month, while condos dropped a full 1%    We dig deeper into what is causing this price divergence and discuss the new all-time lowest mortgage rates available, at 0.99%  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thev...

The new Skytrain Line will extend along Broadway from VCC to Arbutus.  We explore what will happen to real estate values during construction and after completion, especially with properties near the new Skytrain stations.  Both residential and commercial properties are evaluated, both in sales value and the rental premiums to expect. _________________________________  Contact Us To Book Your Priva...

Bank of Montreal Private Wealth Portfolio Manager Gurpreet Sohi walks us through his role in helping individuals and families  manage their wealth and well being.   We talk financial literacy, tax codes and where he sees the current opportunities in the investment landscape.  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife D...

Prices continued upwards in October 2020 and sales volumes were the second highest ever recorded.  Second only to the last recession.   In this market update we dig deeper to see how individual property types are performing in respective areas, and what is driving this continued feverish pace of real estate.   _________________________________  Contact Us To Book Your Private Consultation: 📆 http...

High level mortgage specialist Mychal Ferreira with the Bank of Montreal walks us through what is happening in the Mortgage space in Vancouver.   From record low rates to record high volumes, when it's a good idea to refinance and what rates they can get for investors, Mychal shares a wealth of knowledge gained from over 15 years in finance.    _________________________________  Contact Us To...

Investment Revenue Realty is building a truly turn-key investment opportunity in the fastest growing municipality in BC, Langford.   These condos come fully tenanted with management in place and are cash flow positive from day 1.  We are joined by Cynthia Aasen, managing broker of IRR, to talk more about this project and their upcoming investment summit that you can join for free.  _______________...

The biggest question we get as Realtors is "How's The Market?"   And this comes from sellers, buyers, investors and those just curious about what's happening.  The Vancouver market moves quickly in the best of times, let alone during a global pandemic, record high unemployment and the worst recession since WWII.   And yet, we're seeing record sales volumes and price increa...

CMHC coined the term "Deferral Cliff" when referring to the end of the grace period given to mortgage owners in Canada that deferred their payments.   With 7% of BC mortgages deferred, how many will actually go into arrears?   CMHC predicts 20% of mortgages will, and our guest Tyler Wilson from Pilot Mortgage Group agrees with the economists and has a much different answer.  We look into...

September sales volume set an all-time record high and prices increased once again. We dig deeper into what is driving the demand and dissect each property type and area to give you real insights into what the Vancouver Real Estate Market is doing, and looks to do in the upcoming months.  _________________________________  Contact Us To Book Your Private Consultation: 📆 https://calendly.com/theva...

Tyler Burley is a home inspector with Pillar to Post.  He has inspected almost 1,000 properties and is who we recommend the most to our clients.  In this episode we learn what to expect, and what not to expect, from a home inspection, the process, costs and time involved.  Tyler shares some stories of the most beautiful homes he's seen, and some of the more shocking ones.   Everything you&apo...

Kicking off the 3 part series that takes a deep dive look into the key members you need on your team, we start with Andrew Wright, a Mortgage Broker with The Mortgage Group.  Andrew walks us from start to finish on what is required to obtain financing, how much you can expect to qualify for and his thoughts on the future of interest rates.  For more information on Andrew, please visit  wrightmortg...