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Joe Lee Jeff Chan
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The Mic for Vancouver Real Estate
November 2023 Market Update
Welcome to a jam-packed episode of "The Mic for Vancouver Real Estate," where we're diving deep into the November 2023 Market in Vancouver.The seasonal slow down in sales paired with an increased supply has led the market in a different direction than we have seen these past few years.Is it a good time to buy? Is it a good time to sell? Have prices finally fallen to an "affordable" level? Make sure you tune in to find out!Watch us on Youtube: https://youtu.be/F5NDKrTUcjEAs always, we v...
2023-12-24
36 min
The Mic for Vancouver Real Estate
November 2023 News Roundup
Welcome back to Episode 42 of The Mic for Vancouver Real Estate! We've got a jam-packed episode focusing on the latest trends and issues affecting our real estate market. Here's what we're diving into:🏠 Homeownership Dreams: The financial stress thrust upon homeowners is very real, and this is what the government is doing to help Canadians through it.📈Density Changes: Premier David Eby allows for density changes which will alter the landscape of Vancouver Real Estate Forever👶 Mass Exodus in Canada: With the sky high costs of living in major cities, many residents are seeking t...
2023-12-06
48 min
The Mic for Vancouver Real Estate
Historical Month In Real Estate. October 2023 Market Update
Welcome to a jam-packed episode of "The Mic for Vancouver Real Estate," where we're diving deep into the October 2023 Market in Vancouver.Finally breaking through historical 10-year averages this month saw some significant swings in several categories.Is it a good time to buy? Is it a good time to sell? Have prices finally fallen to an "affordable" level? Make sure you tune in to find out!Watch us on Youtube: https://youtu.be/fp9u_M77gWQAs always, we value your opinion and feedback. Please let us know what...
2023-11-17
43 min
The Mic for Vancouver Real Estate
October 2023 News Round Up
Welcome back to Episode 40 of The Mic for Vancouver Real Estate! This October News Round Up is packed with the latest scoop on the evolving real estate landscape in Vancouver. Here's the drill-down:🌆 View Cones Revision: The debate is heating up over Vancouver's view cones. We dissect the proposed revisions and the potential impact on the city’s skyline.🎓 Student Housing Crisis: The housing crunch is hitting students hard. We delve into their struggles and the call for universities to step in.🛏️ Short-term Rental Rules: Hold tight as we unravel the new short-term rental regula...
2023-11-03
1h 10
The Mic for Vancouver Real Estate
September 2023 Market Update
Welcome back to Episode 39 of The Mic for Vancouver Real Estate! This episode zooms into the September 2023 market dynamics in Vancouver. We unravel the sales activity, price trends, inventory insights, and the sales-to-active ratio rundown. Additionally, we touch upon the continuing rise in rent prices and what it denotes for the market.🏠 Sales have seen a mix of trends compared to last year and last month.💲 The HPI price stands at $1,203,300, showing nuanced shifts.📈 A noticeable inventory increase has come about, veering above the 10-year average.💹 The sales-to-active ratio exhibits a downtick across all property typ...
2023-11-02
35 min
The Mic for Vancouver Real Estate
September 2023 News RoundUp
Welcome back to Episode 38 of The Mic for Vancouver Real Estate! We've got a jam-packed episode focusing on the latest trends and issues affecting our real estate market. Here's what we're diving into:🏠 Homeownership Dreams: Nearly half of non-homeowners in Canada think they'll never own a home. We dissect the latest Semi-Annual State of the Housing Report and discuss what this means for all of us.📈 Affordability Crisis: Canada needs 3.5 million more homes by 2030 to restore affordability. We break down these staggering numbers and explore the challenges and opportunities on the horizon.💰 Short-term Rental Sh...
2023-10-06
1h 05
The Mic for Vancouver Real Estate
August Market Update 2023
Welcome to Episode 37 of The Mic for Vancouver Real Estate: August 2023 Market Update—Your Ultimate Guide to Dominating the Market!Summer's wrapping up, and we've got a sizzling August update you won't want to miss!The market's been a rollercoaster, but we've got the quick stats and hot takes to keep you ahead of the game.Sales are up 21.4% from last August but down 6.5% from July. HPI Prices have hit $1,208,400, showing a slight year-over-year increase. Inventory is up but still below seasonal averages, and the sales-to-active ratio remains stable. Expert Andrew Lis says the ma...
2023-09-27
34 min
The Mic for Vancouver Real Estate
August 2023 News RoundUp
Welcome back to The Mic for Vancouver Real Estate! Episode 36 is here, and we're tackling some of the most pressing issues in Vancouver's real estate market. Let's dive in!Parking Dilemma: Are parking stalls a thing of the past? We discuss the city's new policies and the developers' take on this hot-button issue. 🚗Market Resilience: Despite the challenges, the BC housing market is holding strong. We'll look at the latest stats and what they mean for you.🏡Population Surge: Canada's population is booming, and it's affecting our housing market in a big way. We expl...
2023-09-19
59 min
The Mic for Vancouver Real Estate
1 Year Anniversary and July 2023 News RoundUp
Welcome back to The Mic for Vancouver Real Estate! As we celebrate our 1-year anniversary and 34 episodes, we're taking a moment to reflect on our journey and dive deep into the latest market trends. Let's dive in!Anniversary Reflections: Joe and Jeff share their biggest lessons from the podcast. From policy changes to market insights, they discuss how the podcast has been a tool for learning and staying updated. Joe's favorite episodes? The very first one and the enlightening chat with Ashley Craig. Jeff highlights the importance of understanding the broader market influences.Rental Insights...
2023-08-18
58 min
The Mic for Vancouver Real Estate
As Hot As Our Summer - July 2023 Market Update
Welcome back to The Mic for Vancouver Real Estate! It's a hot summer, and the real estate market is sizzling too. Episode 34 is now live, and we're diving right into the numbers for a good ol' time analyzing the market. Let's get started!Sales Activity: July 2023 was a shocker with 2455 total sales, a 28.9% increase from last year but a 17.8% decrease from June. Still, we're 15.6% below the 10-year average.Price: The HPI Price for July 2023 is $1,210,700. Are we finally back in the positive year-to-year? Tune in to find out!Inventory: With 10,301 total homes on...
2023-08-12
36 min
The Mic for Vancouver Real Estate
How to Win Multiple Offers!
Welcome back to The Mic for Vancouver Real Estate! Episode 33 is now live, and it's packed with aha moments on how to win multiple offers!Dive in with our awesome hosts as they break down the secrets of multiple offers in Vancouver's property scene. You'll learn about:- The basics of blind bidding- How do offers work when many people want the same home- Tips on making your offer stand out and win!This episode is your ultimate guide to navigating Vancouver's bustling real estate market. With...
2023-08-02
44 min
The Mic for Vancouver Real Estate
June News Roundup 2023
Stay informed and up to date with our June News Roundup!Get the latest insights on real estate trends and developments. Discover the soaring construction costs during the pandemic, the impact of climate change on housing starts, and the rise in downtown Vancouver's office vacancy rate. Learn about proposed plans for the Jericho Lands project and a lawsuit involving alleged oil tank contamination in Burnaby.Find out how the City of Vancouver is launching digital permitting tools for housing and how Burnaby aims to add rentals but is currently losing them.Watch us...
2023-07-21
56 min
The Mic for Vancouver Real Estate
June 2023 Market Update
Welcome to The Mic for Vancouver Real Estate, your ultimate source for electrifying market updates! Episode 29 is finally here, and we're thrilled to bring you the long-awaited May market update. Join our lively hosts as they embark on an exhilarating journey through Vancouver's real estate landscape. Get ready to uncover the latest price trends, sales activity, and inventory levels that will keep you in the know.We will equip you with the competitive edge needed to conquer Vancouver's ever-changing market. Stay ahead of the game with insider knowledge and the freshest updates that will empower y...
2023-07-18
31 min
The Mic for Vancouver Real Estate
May News Roundup 2023
Stay informed and never miss a beat with our May News Roundup! We've got you covered on all the important real estate topics. From the Bank of Canada's interest rate hike to the latest developments in Richmond's condo market, we've got the scoop. Discover how AI is revolutionizing property management and home sales, and dive into the heated discussions about foreign housing tax exemptions for Americans. Plus, we unveil surprising insights on investor-occupants and the CMHC's report on housing starts.Don't miss out! Watch us on Youtube: https://youtu.be/o8...
2023-06-30
52 min
The Mic for Vancouver Real Estate
May 2023 Market Update
Welcome to The Mic for Vancouver Real Estate, where we bring you the most electrifying market updates in town! Episode 29 is here, and we're about to rock your world with the May market update you've been waiting for.Join our hosts as they take you on an exhilarating journey through Vancouver's real estate landscape. Brace yourself for price trends, sales activity, and inventory levels.Our expert analysis will give you the competitive edge you need to conquer Vancouver's ever-changing market. Don't miss out on the latest updates and insider knowledge that will empower you to make...
2023-06-14
33 min
The Mic for Vancouver Real Estate
April News Roundup 2023
Welcome to Episode 27 of the Vancouver Real Estate channel, where we bring you the latest updates and news on the real estate market in Vancouver and across Canada.In this April News Roundup, we cover the most significant developments in the industry, including changes to interest rates, the impact of inflation, and the state of housing supply in Canada. We shared insightful analysis and commentary on what these developments mean for buyers, sellers, and investors alike. We also highlight the hottest and most interesting news from the world of Canadian real estate.This is...
2023-05-05
44 min
The Mic for Vancouver Real Estate
March 2023 Market Update
It's that time of the month again - time for the March Market Update. Get ready for an insightful and engaging dive into the latest real estate trends and numbers. In this video, we'll be unpacking the Sales Activity, Monthly Inventory, Total Inventory, and Sales to Active Ratio, giving you all the juicy details you need to stay ahead of the game in the fast-paced world of real estate. Hold on to your hats, because the numbers are in, and they're looking hot! We'll be breaking down the latest sales activity, showcasing the most...
2023-04-24
25 min
The Mic for Vancouver Real Estate
News Roundup in Real Estate March 2023
Welcome back to The Mic for Vancouver Real Estate, where we bring you the latest and greatest in the world of Vancouver property. It's time for our March News Round Up!This is a milestone episode for us as we hit the silver mark with our 25th episode, and we've got a jam-packed show for you today.We're talking interest rates, important news and market updates, stability checks, strata and other significant topics you need to know! We're not just going to give you the facts - we'll break down the...
2023-04-06
52 min
The Mic for Vancouver Real Estate
Interview with Future Project Marketing Superstar
Welcome to Episode 24 of The Mic for Vancouver Real Estate series where we explore the latest and greatest in the world of pre-sale marketing! In this episode, we sit down with Ashley, the next superstar in the project marketing industry.Join us as we delve into Ashley's experiences working on presale projects both here and in Toronto, discussing the ins and outs of the presale process for both realtors and consumers. We also utilize Ashley's expertise to uncover some of the most important components of buying a presale, revealing invaluable insights that will leave you better equipped...
2023-04-05
50 min
The Mic for Vancouver Real Estate
Real Estate Market Update | February 2023 Brings Hope for Recovery from Pandemic
The real estate market in February 2023 has been showing some signs of recovery after a year of pandemic-induced stagnation. According to the latest market update, February was a much busier month than January, with an uptick in sales and interest rates holding steady. Jeff and Joe, in their podcast "The Lab 2.0", discuss the state of the market, sharing their experiences and insights.Jeff and Joe's own experiences show that the market has been heating up again. Jeff had an open house in Fairview that attracted 40 groups on the first day, and they ended up receiving four offers...
2023-03-20
22 min
The Mic for Vancouver Real Estate
News Roundup in Real Estate January/February 2023
Hey guys! Welcome back to this weeks episode of The Mic for Vancouver Real Estate! This year we will be featuring a new series which is a collection of news every month that we do not want you to miss. Some are breaking and some are purely comical where we want to share some laughter and entertainment with our listeners.Watch us on Youtube: https://youtu.be/6k8dU6zIx0kAs always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from...
2023-03-08
44 min
The Mic for Vancouver Real Estate
All The Changes You Need To Know in Vancouver Real Estate in 2023
Welcome back everyone! In this weeks episode we wanted to compile and summarize all the changes in Real Estate you should know about in 2023. With some rules having a couple of months of "trial period" we are happy to share with our listeners our personal experiences and observations being on the field.Watch us on Youtube: https://youtu.be/Dv_JOjxO3-AAs always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics you would l...
2023-03-02
38 min
The Mic for Vancouver Real Estate
New Year New Market? January 2023 Market Update
"New Year, New Me." We've all heard this saying before, but does this apply to the real estate market? As you may have heard, the winter months are historically slow in the world of real estate, and this year was no different. But how has the interest rate increases affected the market? Are people still selling and buying or has the market come to a standstill? Have prices come to a free fall like the media has portrayed in the news? Tune in to our breakdown of how Vancouver has responded amidst these policy changes a...
2023-02-23
24 min
The Mic for Vancouver Real Estate
Vancouver vs Taiwan Real Estate. Who Does it Better?
Welcome back everyone!On this week's episode we will discuss some interesting takeaways that Joe brought back from his trip to Taiwan regarding their real estate practices. Some were quite shocking for Jeff, especially considering he had never been to Taiwan before.What are your thoughts on Taiwan vs Vancouver Real estate? This is an episode where we definitely recommend you check out on YouTube so you can see what we are seeing!Watch us on Youtube: https://youtu.be/_ckNGo50U2YAs always, we value your opinion and feedback...
2023-02-09
56 min
The Mic for Vancouver Real Estate
Worst Year In Real Estate Ever? December 2022 Market Update
"Vancouver's Real Estate Market Is Crashing""Real Estate Prices Have Tanked""Inflation Inflation Inflation""Interest rate increase have killed the market"These may have been some of the headlines you've read or topics that have come up in conversation as of late. The media has always created exaggerated headlines just like the title of this episode in order to draw in more attention. At the Mic for Vancouver Real Estate we have always looked at historical and current data to formulate our opinions. Join us this week for our very first e...
2023-01-13
27 min
The Mic for Vancouver Real Estate
Exclusive: Who Is Joe Lee?
Welcome back everyone! As season 1 of our podcast comes to a close, we wanted to give our listeners an exclusive look into the life of our host, Joe Lee. With 15+ years in the industry we have received more than a few requests to know more about Joe and his extensive experience in Real Estate. Tune in for a peak into the personal life of Joe!Is there anything more you'd like to know? Please reach out to us and let us know!Watch us on Youtube: https://youtu.be/tferVqCs94EAs always...
2022-12-14
1h 18
The Mic for Vancouver Real Estate
Winter Is HERE. Are You Ready? November 2022 Market Update
"There are no good properties on the market""Why have prices not fallen even more?""Now is not a good time to sell"Are these some thoughts or topics that have come up in conversation as of late when discussing Real Estate in Vancouver?In our market update this week we review some key numbers and statistics to watch for and we will answer the question of, "Is now a good time to buy or sell?"Watch us on Youtube: https://youtu.be/DDBacDyp6K4As always...
2022-12-08
24 min
The Mic for Vancouver Real Estate
Exclusive: Who is Jeff Chan?
Welcome back everyone! In this weeks episode we thought we would change things up a bit and take a closer look into the lives of one of our hosts, Jeff Chan. As we draw closer to the end of our first season we thought our listeners would want to know a little bit more about the people behind the Mic for Vancouver Real Estate.Is there anything more you'd like to know? Please reach out to us and let us know!As always, we value your opinion and feedback. Please let us know what you...
2022-12-01
55 min
The Mic for Vancouver Real Estate
Should You Buy a Condo or a Townhouse?
We are back this week with a debate on Condo vs. Townhome living in Vancouver. When choosing a property to purchase, many things come into consideration other than just price. This week we discuss the ins and outs of both and why one may be more suitable for you than the other.What made you decide to choose one over the other? Please let us know!As always, we value your opinion and feedback. Please let us know what you thought about this episode! We would love to hear from you on on any topics...
2022-11-23
28 min
The Mic for Vancouver Real Estate
The Real Estate Market Is Recovering! Vancouver Market Update October 2022
We have been waiting with bated breath for the October statistics to come out. After our last market update we were very excited to see some potential indicators that the market may be rebounding. However, time will tell.The media's responsibility is to sell news. Our responsibility to our listeners is to research, analyze and try to help make sense of all the information given to us.What are your thoughts on the current market? Is the worst behind us or will there be more pain to come? As always, we value your o...
2022-11-16
32 min