Unlocking Urban Growth: Small-Scale Multi-Unit Housing and Zoning Bylaw Changes in Vancouver
Selling Vancouver Real Estate Podcast
by James Garbutt and Denny Dumas
2w ago
As the June 30 deadline for amending zoning bylaws has passed, city governments in BC have detailed new construction permissions for single-family properties starting in July. James and Denny discuss the impact of these changes on Vancouver real estate from the perspectives of buyers, sellers, and investors. This episode will focus on new zoning bylaws and what they mean, small-scale multi-unit housing, floor space ratio changes, Transit-oriented development areas, and how this will help with density. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us ..read more
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Market Update June: Sales Down, Inventory Up!
Selling Vancouver Real Estate Podcast
by James Garbutt and Denny Dumas
3w ago
Listings are up, pre-sales are down, and prices are easing in Vancouver's housing market. This shift indicates a cooling trend as more properties become available while fewer buyers commit to pre-sales, leading to a gradual decline in housing prices. James and Denny share what they see in this market and offer predictions on where things are going. This episode will focus on sales slowing down and the increase in inventory, heading toward a buyer's market, more listings, and home sales stats for Coquitlam, Port Coquitlam, Port Moody, North Vancouver, Downtown Vancouver and Burnaby (Brentwood ..read more
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Unlocking Opportunities: How Canada's Rate Cut Impacts Real Estate
Selling Vancouver Real Estate Podcast
by James Garbutt and Denny Dumas
1M ago
The Bank of Canada's recent decision to cut its overnight rate to 4.75% marks the first rate cut in over four years. The BoC indicates a shift in monetary policy aimed at easing financial conditions as inflationary pressures show signs of subsiding. This move is expected to have several implications for the real estate market in Canada. James and Denny share what they are seeing in today's Vancouver real estate market and offer their predictions on how these rate cuts will affect the market. This episode will focus on Canada's first interest rate cut, its effects on real estate, cutting becaus ..read more
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Exploring Real Estate Foreclosures: Are They Worth Looking Into?
Selling Vancouver Real Estate Podcast
by James Garbutt and Denny Dumas
2M ago
Acquiring a foreclosed property in Canada can offer substantial savings on a home or investment property. These properties are those that a lender has seized after the borrower failed to meet their mortgage obligations. James and Denny share their personal experiences with foreclosures and what the purchasing process looks like. This Episode will focus on foreclosures and if they can be worth it, how the process differs from resale, removing subjects in court, the bidding process, lawyer involvement, and the overall process. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team Y ..read more
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Bank of Canada Updates and Federal Budget Highlights
Selling Vancouver Real Estate Podcast
by James Garbutt and Denny Dumas
3M ago
On Tuesday, the federal government announced its 2024 budget, committing to extensive new spending funded by fresh revenue sources. This year's federal budget is centred on three key objectives: increasing the availability of affordable housing, reducing living costs, and fostering economic growth that benefits everyone. James and Denny share their thoughts on the recently released federal budget and plans to make housing more affordable. They also discuss BOC numbers and their effects on the current Vancouver real estate market. This episode will focus on the recently released federal budget ..read more
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Unlocking Home Value: Tips for Evaluating, Buying, and Selling Property
Selling Vancouver Real Estate Podcast
by James Garbutt, Denny Dumas and Monica Harmse
3M ago
Unlocking the value of your home or any real estate property you're considering buying or selling is a nuanced process that requires a keen understanding of the market. Denny and Monica share their personal experiences with evaluating homes and whether it's better to buy or sell your home first. This episode will focus on those looking to make a real estate move, upsizing and downsizing conversations, properly evaluating your home, buying or selling first, the importance of timing and what to expect throughout the process. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team You ..read more
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You Bought Your First Investment Property, Now What?
Selling Vancouver Real Estate Podcast
by James Garbutt, Denny Dumas and Monica Harmse
4M ago
Buying an investment property and renting it out can be a great way to earn extra income or help cover the mortgage. However, many investors are unsure of how to best showcase the home and start the rental process. Denny and Monica provide step-by-step instructions on how to rent out your property to great tenants at the best price, starting from the moment you get possession of the home to signing the lease agreement. This episode will cover the advantages and disadvantages of having a property manager, how you can make your rental listing stand out, the importance of professional photography ..read more
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Is Paying for a Home Inspector Worth it?
Selling Vancouver Real Estate Podcast
by James Garbutt, Denny Dumas and Monica Harmse
4M ago
During a slower market, buyers have a better opportunity to include a subject to inspection when making an offer. Many potential homeowners wonder if it is worth the investment to hire a home inspector or if they can make a purchase without it. Denny and Monica discuss the pros and limitations of home inspections and share what type of valuable information buyers can expect to get to help them decide if they should purchase a home. This episode will cover which traits separate a great home inspector from an average one, what information you can hope to get out of an inspection for your specifi ..read more
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Dealing with Lowball Offers During a Slow Real Estate Market
Selling Vancouver Real Estate Podcast
by James Garbutt, Denny Dumas and Monica Harmse
4M ago
As the market remains slow in most areas of Greater Vancouver, some buyers and sellers are unsure of how to properly navigate the changing value of homes. Many homeowners are emotionally attached to their property and may struggle to accept offers that are below their list price. Buyers are seeking deals and may send offers that are far below what has been listed. Denny and Monica share behind-the-scenes conversations they have with buyers and sellers when it comes to sending and receiving “lowball” offers during a slow real estate market. This episode will cover the difference between fair ma ..read more
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What to Buy, Where to Buy, and What Questions to Ask
Selling Vancouver Real Estate Podcast
by James Garbutt, Denny Dumas and Monica Harmse
4M ago
People are always looking to jump into the world of real estate but don't know how to begin. It can be overwhelming for many as they try to figure out what kind of property to buy, where they should look, and the questions they should ask. James and Monica walk you through a buyer’s thought process to help bring clarity when purchasing a home by focusing on budget, real estate goals, and lifestyle. This episode will cover how investment properties and rental income can help you qualify for a mortgage, how different real estate goals will determine the property type you should buy, the differen ..read more
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