Jay Mcinnes

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Vancouver Real Estate News

E#259 - 4 Reasons To Buy Today!

Posted on Aug 20, 2023

Top 4 reasons to buy today **  

MLA - Stats Can (FEB’23) – 50% of property owners have no mortgage 
– highest equity position % in Canada 
– escalated to this % post pandemic 
– has never been this high 
What does this mean? MARKET Stability!!!!  

-       The market can afford to hold prices high and not add inventory. 
-       boomers are staying in their homes and reverse a...

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August 2023 Vancouver Real Estate Market Update

Posted on Aug 10, 2023 in Vancouver Real Estate News

This week we highlight notes from the West Side Real Estate market detail:

August update:Sales to active listings ratio July 2023
0 – 12 – 20




Detached – 16.5%
Townhomes – 32%
Apartments – 30.6% 
-       - -
Jericho Lands
4yr consultation 
Original - 9,000 homes
Now – 13,000 homes (24,000 people aprox) 

More than 50% geared towards incomes
30% affordable housing
20% soci...

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How They Make It More Expensive

Posted on Aug 03, 2023 in Vancouver Real Estate News

There are 2 aspects to this whole thing. 

Lets take things back a few years first… 
When you make money easy to get, people take it. 

SHOW CHART:



Inflation – total M2 (cash/bank accounts/anything you can spend) money supply has increased 33% from 2020 – now. 1.8T – 2.4T (600 billion) in circulation.What does that mean, simply as money enters the system...

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E#256 - The Death of Housing and Healthcare Access

Posted on Jul 27, 2023 in Vancouver Real Estate News

Topic Article: https://financialpost.com/diane-francis/trudeau-immigration-housing-health-breaking-point

The Death of Housing & Healthcare access 

Diane Francis published the above article titled: Immigration pushing housing, healthcare to the breaking point. the following are the notes made in the creation of the video at the bottom. It's probably ju...

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E#254 - The Endless Mortgage Amortization! 

Posted on Jul 13, 2023 in Vancouver Real Estate News

The Endless Mortgage Amortization! 

Below please find the working notes for todays weekly video. You will also find the completed video at the bottom following this blog post.

These notes were taken from the FCAC guideline to the FRFI’s of the country, what do those abbreviations mean? We will get into all of that! In my opinion this all revolves arou...

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E#253 - The Magic Of Property Tax

Posted on Jun 29, 2023 in Vancouver Real Estate News

Unlocking the MAGIC of Property Tax: Understanding Assessment, Rates, and Obligations

Introduction: 
Property taxes are a significant aspect of homeownership, often viewed with a mix of confusion and frustration. However, understanding the intricacies of property tax can empower homeowners to make informed decisions and manage their finances effective...

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Sharp Real Estate Group

Mobile: 604-771-4606

EMAIL

Office Info

Oakwyn Realty Ltd

400 - 1286 Homer Street  Downtown Vancouver,  BC  V6B-2Y5 

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