Selling Vancouver Real Estate Podcast

Oct 28 2024 100 ep. 20 mins 11
Selling Vancouver Real Estate Podcast artwork

Hosted by James Garbutt and Denny Dumas, top Vancouver Realtors that have facilitated over a billion dollars in sales, and have helped over a thousand families move. This podcast informs buyers, sellers and investors about what's happening in and around Vancouver's real estate market. Buy or sell with us! The Garbutt + Dumas Real Estate Team - Oakwyn Realty Ltd.'

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Market Update October: Bank of Canada Cuts Rates by 0.5%

Oct 28 2024 28 mins  
The Bank of Canada has reduced its key interest rate by 50 basis points to 3.75 percent, marking the first cut of this size since the COVID-19 pandemic. This rate cut was prompted by the latest Canadian inflation report, showing the Consumer Price Index (CPI) dropped to a year-over-year rate of 1.6%, below the Bank of Canada’s 2% target range. James and Denny discuss their insigh

Real Estate Realities: Handling Tough News

Oct 23 2024 14 mins  
Managing difficult conversations with real estate clients effectively is key to maintaining strong relationships. Staying informed about current market conditions and the factors that can cause deals to fall through is crucial for navigating these situations. James and Denny discuss how they handle delivering bad news, emphasizing the critical importance of open communication betwe

Politics and Property: Bill 44 in the BC Election

Oct 16 2024 16 mins  
As election day nears, the B.C. NDP and Conservatives remain divided on housing. NDP Leader David Eby warns that John Rustad's Conservatives would undo most of the NDP's housing policies, including Bill 44, a stance the Conservatives openly endorse. James and Denny share their thoughts on Bill 44 and discuss how housing will be affected depending on who wins the election. This epis

CMHC Announces Mortgage Changes to Boost Homeownership for Canadians

Oct 09 2024 21 mins  
The new CMHC rules will enable more homebuyers to qualify for mortgage insurance, potentially allowing them to secure larger mortgage amounts, and making homeownership more accessible. This includes 30-year amortization periods and mortgage insurance qualification for houses up to $1.5 million. James and Denny share their thoughts on these changes as the government tries to stimu

Market Update September: Insights into the Current Buyer-Seller Disconnect

Sep 30 2024 36 mins  
As the fall season sets in, the real estate market is experiencing a noticeable slowdown, with lower-than-usual sales compared to previous years. Buyers and sellers alike are feeling the effects of shifting economic conditions, leading to more cautious decision-making and longer listing times. James and Denny discuss how they navigate slower market periods and share insights into t

Decoding BC's New Zoning Changes: What They Mean for You

Aug 14 2024 13 mins  
To tackle the housing crisis, the Province implemented a series of legislative changes in the fall of 2023 with Bills 44 and 47. These changes permit small-scale multi-unit housing and increase density in transit-oriented development areas, ensuring more people can access homes within their familiar communities. James and Denny go over the new changes and discuss how they will affe

Market Shift: Analyzing the Impact of the Bank of Canada's Rate Cut on Real Estate

Jul 31 2024 25 mins  
The real estate market in Vancouver is showing signs of revival following a recent rate cut by the Bank of Canada, which has made borrowing more affordable for potential buyers. With expectations of more rate cuts incoming, experts anticipate further boosts in market activity and home sales in the coming months. James and Denny offer their personal insights on how the recent rate c

Unlocking Urban Growth: Small-Scale Multi-Unit Housing and Zoning Bylaw Changes in Vancouver

Jul 03 2024 22 mins  
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-sca

Market Update June: Sales Down, Inventory Up!

Jun 26 2024 18 mins  
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

Unlocking Opportunities: How Canada's Rate Cut Impacts Real Estate

Jun 17 2024 21 mins  
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