Vancouver Real Estate Podcast

The 2019 Federal Budget was just released and who better than fan favorite and newly appointed President of Mortgage Architects, Dustan Woodhouse, to unpack exactly what it means for you as a homeowner and a homebuyer. Hint: he does not pull punches! Dustan also gives his thoughts on the current state of the Metro Vancouver real estate market, whether 2019 is the right time to buy, as well as advice for those considering fixed or variable rate mortgages at this somewhat unique moment in our market’s history. In Dustan’s words: level up!

Professor Tom Davidoff is back! For new listeners, Tom wears many hats - the architect of the Speculation Tax, a leading go-to real estate economist, an Associate Professor at Sauder, the Director at UBC Centre for Urban Economics and Real Estate, and a VREP fan favorite, to name a few. And to Vancouverites, depending on your politics, he could be a villain or a hero. But for our more seasoned listener, Tom is an unfiltered voice on the market, a check-in point, and someone who is never afraid to share his predictions or his concerns. This week is no different. How's the market? What has caused the slowdown? Which policies, if any, got it right and what will be the repercussions? Will we see prices continue to drop? These are just some of the questions that drive our conversation. This one is not to be missed!

Real estate takes visionaries: people who can look at 130 acres of industrial land on the bank of the Fraser River and envision a community with 15,000+ residents, a town centre with over 250,000 square feet of retail space, 25 acres of green space, and 1.5 kilometers of bike and hiking paths. This type of large-scale community – Southeast Vancouver’s River District – does not just appear over night but rather takes decades of careful planning, major infrastructure, and negotiations with multiple stakeholders over time. And perhaps more surprising than the daily building challenges is what the process tells us about ourselves - as consumers, as urban dwellers, and as a city and culture in constant flux. Wesgroup’s VP of Development Brad Jones sits down with Adam and Matt to discuss the half way point of this 40-year endeavor, a career-defining labour of love, and the intricacies that go into planning a community so many will call home.   

One bad tenant can lead to bankruptcy, especially if it's your first crack at a revenue property! And, until now, that risk was on you and your gut. Meet Naborly, an AI platform that is at the forefront of proptech using sophisticated algorithms to securely screen and verify your tenants and... it's absolutely free. In fact, Naborly is so confident in its screening process that it's willing to pay your rent if your tenant leaves you high and dry. How's that for a security deposit?! Director of Sales, Jerome Werniuk, joins Adam and Matt to discuss the tech-lagging rental market, how it can be fixed, and what it means for the future of landlording and real estate in general. The future is here - Live long and profit!

Commercial real estate is telling an interesting story but are you listening? It is one full of compelling characters, with names like Amazon & Microsoft, and set against a backdrop of low vacancy, increasing demand, and exciting investment opportunities. Owner/Broker Cory Wright of William Wright Commercial Real Estate Services sits down with Adam & Matt to discuss the state of the commercial real estate market and what it means for the future of residential real estate. Tune in to find out Cory’s top areas for investment, where novice investors should look to buy, and why commercial real estate may be the canary in the residential coal mine. “Whoop, whoop, whoop, whoop” - Arsenio Hall

Expo 86 is often pointed to as a defining moment in the history of Vancouver real estate and both the market and Imani Development have come a long way since then. CEO and President of Imani Development, Payam Imani, sits down with Adam & Matt to discuss his 30-year journey through Vancouver's real estate market, starting in the 1980s, building single family homes on the westside, all the way to building today’s signature towers that will define Vancouver’s skyline of tomorrow. What cautionary tales should today’s aspiring real estate moguls heed? Where would Payam Imani buy right now? And where is the market heading after so many recent policy shifts? Experience speaks volumes!

With the announcement of Shell’s $40 billion LNG Canada project, the economic future of North East BC is bright and inevitable. This major infrastructure project will create thousands of jobs and be a vibrant economic hub for years to come. Fort St. John is also the regional hub of the Site C Dam project, a major project that will result in housing needs for thousands of workers. Read: low vacancy, high rents.

What’s continuously driving smart money to Vancouver Real Estate? Wendy Waters, Senior Director of Research Services & Strategy at GWL Realty Advisors (with $13 billion under management in Canada!), joins Adam & Matt to answer this question with hard data and solid analytics. Tune in for a candid ‘behind-the-scenes’ look at how a top multidisciplinary researcher & real estate investment strategist analyzes Canadian markets and asset classes for high performing pension funds and institutional clients. And, find out where and what GWLRA is buying and why. Get your notepads out!

If you are looking for a condo in Vancouver, you will have two choices upfront: should you buy presale or resale? This week Adam & Matt tackle this question head on with 7 reasons why buying pre-construction in 2019 might be a HUGE mistake with major consequences to your bottom line! Also, don’t miss 4 bonus tips for how you can get the best deal possible in the resale market! This episode will save you money. Level up!

Are Vancouver condos in for a major correction this year? Dane Eitel thinks so and he has successfully forecasted Vancouver’s real estate market before. After putting forth some bold predictions about the detached market last year, Dane is back by popular demand to do the same for attached. Dane joins Adam & Matt to discuss his findings, respond to his critics, and offer some no-nonsense predictions for this year and beyond.