E#287 - July 2024 Vancouver Real Estate Market Update
SHARP STORIES
by The Sharp Real Estate Group
6d ago
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 inventory levels are elevated & climbing... Story of the week this week includes developers putting projects on hold for a variety of reasons, but I have chosen to focus on the largest reason, city ..read more
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E#286 - Revamp & Re-list Pt.3
SHARP STORIES
by The Sharp Real Estate Group
3w ago
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 all times in efforts to achieve the highest possible price... Have a watch and tell me what you think. Thank you for your attention! -- -- Jay McInnes 604-771-4606 jay@sharprealestategroup.ca ..read more
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E#285 - Revamp & Re-list pt.2
SHARP STORIES
by The Sharp Real Estate Group
1M ago
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 throughs and feedback. From this process we were receiving similar negative feedback about the same things time and time again. So with that we decided that in place of a price reduction, we would make ..read more
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E#283 - Revamp & Re-list pt.1
SHARP STORIES
by The Sharp Real Estate Group
1M ago
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 reduction. Of course while representing the seller we are wanting to keep as much money in the hands of the seller as possible, and this is the next best step to do just that. This is a Lower Lonsdale 2 B ..read more
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E#284 - May Vancouver Real Estate Market Update
SHARP STORIES
by The Sharp Real Estate Group
1M ago
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 WAY up! Some interesting headlines about wait times at city hall for building permits, the longest wait in recorded history... And of course Trudeau saying housing prices need to stay up ..read more
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E#282 - Benchmark Prices will keep going up!
SHARP STORIES - VANCOUVER REAL ESTATE PODCAST
by The Sharp Real Estate Group
2M ago
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@sharprealestategroup.ca ✅⬇️✅ FOLLOW US ONLINE HERE✅⬇️✅ Youtube - http://www.YouTube.com/sharprealestat... Website - http://www.SharpRealEstateGroup.ca Facebook - https://www.facebook.com/McInnesMarketing/ Instagram ..read more
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E#281 - April 2024 Vancouver Real Estate Market Update
SHARP STORIES - VANCOUVER REAL ESTATE PODCAST
by The Sharp Real Estate Group
2M ago
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 below! See you next week! -- -- Jay McInnes 604-771-4606 jay@sharprealestategroup.ca ✅⬇️✅ FOLLOW US ONLINE HERE✅⬇️✅ Youtube - http://www.YouTube.com/sharprealestat... Website - http://www.SharpRealEs ..read more
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E#280 - This Week In Vancouver Real Estate
SHARP STORIES - VANCOUVER REAL ESTATE PODCAST
by The Sharp Real Estate Group
2M ago
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 developers, And Just how much money in taxes does the province of British Columbia take in this year??? All this week on Sharp Stories! Thank you for your attention and see you in the comments! -- -- J ..read more
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E#279 - Vancouver Real Estate Current Events!
SHARP STORIES - VANCOUVER REAL ESTATE PODCAST
by The Sharp Real Estate Group
3M ago
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 to show their voter base that they care.... But is hundreds of billions of dollars enough to keep them in the top seat? From extended amortization's & higher RRSP withdrawal room to mortgage fr ..read more
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E#278 - March 2024 Vancouver Real Estate Market Update
SHARP STORIES - VANCOUVER REAL ESTATE PODCAST
by The Sharp Real Estate Group
3M ago
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 Market contact me directly today to discuss the details! Thanks ou fore your attention! -- -- Jay McInnes 604-771-4606 jay@sharprealestategroup.ca ✅⬇️✅ FOLLOW US ONLINE HERE✅⬇️✅ Youtube - http://www ..read more
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