![Nicola Wealth Interview with Ethan Astaneh [Video]](https://video.getpvd.com/wp-content/uploads/2023/01/mp_183508_0_0jpg.jpg)
We had the pleasure of joining Nicola Wealth, a full service wealth management group with offices across the nation, on this weeks episode. We get into a number of questions and topics that many of Nicola Wealth’s clients had in mind. Primarily we took the investors perspective as we ran through the synopsis of what got us into the position we find ourselves today and where the real estate market goes from here. We also discussed how the Toronto and Vancouver Real Estate Markets typically operate in unison; however since going through the recent rate hike cycle, we’ve seen a divergence in performance and market trends that normally doesn’t present itself. Why is this the case and what does it mean?! We dive into some interesting numbers that help to explain the story.Furthermore, we looked into how and why home prices in Vancouver haven’t fallen to the same degree as the rest of the nation – why we have such incredibly low levels of inventory and how that has become an even bigger problem than the restricted flow of credit and quantitative tightening that’s happened for most of 2022. Looking forward, we discuss what opportunities exist in 2023 and why Vancouver and potentially Toronto is poised to have another exceptional bull run when this real estate cycle restarts. Lastly we explore what, if anything, policy makers could do with a pen stroke to make the real estate environment more affordable throughout the region and the answers as you could expect – aren’t easy._________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Valuable Videos For Buyers & Sellers 🏡 Top 3 Must Do’s Before Buying www.youtube.com/watch?v=9LJ9ewil2A4&t=81sHow To Sell A Home In Vancouver www.youtube.com/watch?v=psg1YQrI-Yg&t=687sHow To Buy A Home In Vancouver www.youtube.com/watch?v=p0EztR7YcWUThe Smith Manoeuvre www.youtube.com/watch?v=GmA6WKmQd_s&t=11sShould I Buy Or Rent? www.youtube.com/watch?v=F7UNlG34BI0&t=710s🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZThe Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 REALTORS! Unlock the secrets of Top Producing Agents, learn the power of passive income and get exclusive access to real estate projects – all for FREE 👨🏼💼Level up your production and dominate ATTRACTION Marketing that creates INBOUND Leads – all taught by 3 Top Agents.📆 Book a Private 1-on-1 to learn how we help agents DOUBLE their business → https://bit.ly/TalkEXPwithUsThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Level 10 Agent Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Google Ads coaching🆓 Online lead generation program🆓 Online lead conversion program🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired🆓 Your Inside Sales Agents trained & hired🆓 Access to our private Facebook mastermind Group🆓 Access to 1-on-1 support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent
housing affordability
![Housing Affordability Is Even Worse Now [Video]](https://video.getpvd.com/wp-content/uploads/2022/11/mp_163386_0_0jpg.jpg)
Quantitative tightening is still very much at the forefront of monetary policy as we saw mortgage rates on the rise again this week. With variable rates now above 5 year fixed rates for the first time since 2019, sitting on average around 5.5%! Fixed rates for comparison sake are sitting at 5.1%.This week we explore what’s happening nationally and how Vancouver stacks up against other major metros. For context and as we look across the nation, this is the most rapid rise in interest rates in the last 30 years combined with the lowest level of sales in over 20 years.. and yet, single family homes across the GTA for example are only at 2.3 months of inventory. Balanced marketplaces typically like to see upwards of 5 months of inventory.Check out this week’s episode as we take a look across the nation and how a lack of inventory is still the major theme. Surprising growth numbers continue to come out of Alberta and financial markets rose this week on the news that inflation printed lower than expected. _________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZThe Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 REALTORS! Unlock the secrets of Top Producing Agents, learn the power of passive income and get exclusive access to real estate projects – all for FREE 👨🏼💼Level up your production and dominate ATTRACTION Marketing that creates INBOUND Leads – all taught by 3 Top Agents.📆 Book a Private 1-on-1 to learn how we help agents DOUBLE their business → https://bit.ly/30MinsLevel10This is a taste of what our Coaching Team can offer you, free of charge!🆓 Level 10 Agent Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Google Ads coaching🆓 Online lead generation program🆓 Online lead conversion program🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired🆓 Your Inside Sales Agents trained & hired🆓 Access to our private Facebook mastermind Group🆓 Access to 1-on-1 support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent
![The Importance of a STRONG Support System in Starting a Business [Video]](https://video.getpvd.com/wp-content/uploads/2022/08/mp_142522_0_0jpg.jpg)
Starting a business will never be easy, but having your family’s support as you do can help you develop more courage and confidence in what you’re doing. I was blessed with that kind of support and honestly, I believe it is why everything worked out too. Watch this video to learn more about the challenges of starting a new business and how it was like for us! Key Talking Points of the Episode[00:00] Introduction[00:38] How did my family react when I took a leap of faith?[01:08] What is the impact of having your family’s support on your success?[02:15] What was it like when we were starting out?[03:03] How did we have an office in the beginning?Quotables“I think having that support for you back in the day and everyone all in on your corner, it’s amazing.”“I’m a very blessed guy to have that kind of support. It’s incredible and it is only because of that, I think, that it worked because it was scary for me.”“A lot of people don’t realize that when we started this, nobody had any money. It was me and two other people, Angela and Brandon, and Angela was working for free because we didn’t have any money to pay her.”“We were literally broke. We did our first event on Marriott points, I got the room on Marriott points.”“It was kind of a creative real estate deal. We just did it to start a business.”“I didn’t even have a credit card because I didn’t need one, there was no reason for me to have one, then all of my money vanished overnight.”“We had a tiny little one-room office we all were in.”