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 YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

As per the BC Real Estate Association, the real estate market in the province is displaying indications of a rebound, although home sales continue to lag behind the 10-year average. Brendon Ogmundson, Chief Economist at BCREA, elaborated that while activity is increasing, home sales are still below typical levels, and home prices have remained relatively stable since last summer.

James and Denny share what they are seeing in this real estate market and offer predictions for what may happen in the summer and fall.

This episode will focus on the current spring real estate market in Vancouver, sales volume and ratios, luxury condos struggling, more options for buyers, rates staying high, difficulties with land value, future predictions and housing stats from New West, Port Moody, Coquitlam, Port Coquitlam, Yaletown, Maple Ridge and Burnaby.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

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 and it's effects on real estate, Bank of Canada announcements, 6th rate hold in a row, CPI at 2.9%, housing initiatives, a new tax on residential vacant land, help for student rentals, increase in capital gains tax, Home Buyers Plan increase to $60,000, and longer amortization on mortgages for first-time buyers.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca