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Blog by Tina Mak

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Challenge and Opportunities in 2016

January 3rd, 2016
Challenge and Opportunities in 2016 Shall I Sell? 1) if no need to sell, don't sell unless you live in old apartment which expects special levy due to the depreciation report to maintain the building.  Having said that, if older apartment in the westside or downtown might be a different case.  I usually will advise my client case by case.  If decide not to sell, get a good experienced l ...

Budge Huskey: How US interest rate hikes might affect housing market in 2016?" (1)

December 21st, 2015
Tina Mak, realtor at Coldwell Banker Westburn in Vancouver had a 25 minutes detail interview with Budge Huskey, President and CEO of Coldwell Banker on "How US interest rate hikes might affect housing market in 2016". The US Federal Reserve raised 0.25% interest rate hiked on Dec 16th but rates could continue to rise up to 1% over the next year because it believes an American recovery is w ...

Budge Huskey: How US interest rate hikes might affect housing market in 2016?" (2)

December 21st, 2015
Tina Mak, realtor at Coldwell Banker Westburn in Vancouver had a 25 minutes detail interview with Budge Huskey, President and CEO of Coldwell Banker on "How US interest rate hikes might affect housing market in 2016". While the wealth gap between rich and poor keeps growing in North America, China and India's middle class income growth is increasing.  I personally think this means internat ...

Interview with Sherry Chris ( 1)

December 11th, 2015
I'm honored to have Sherry Chris on our show.  Sherry is president and CEO of Better Homes and Gardens Real Estate LLC.   The Millennial Renting vs Buying real estate debate Millennial homeowners are saddled with obstacles no previous generation has had to face, like an average student loan debt per borrower that’s both monstrous and unprecedented. They’re also less romantic about t ...

Interview with Sherry Chris (2)

December 11th, 2015
The Millennial Renting vs Buying real estate debateMillennials are also more civically conscious than preceding generations, which means that choosing the right chic, urban neighbourhood is as important as choosing the right living space.  However, most urban neighbourhoods are quite expensive.     4) Do you see owning a detach house with large back yard is important to them anymo ...

Differences between N. American and Chinese investing in commercial real estate

December 1st, 2014
1) Mentality differences between North American and Chinese investors investing in commercial real estate. 1) 北美的本地人士与华裔人士在商业地产投资的思想上有什么不同呢 It has been my experience, that many Asian investors have a long term "generational" investment perspective whereas North American society/culture is based on a 5 to 10 year investment horizon b ...

Investment opportunity: Vineyard + Real Estate in Okanagan Part 1

August 26th, 2014
Tina Mak interviews Harry McWatters, recipient of The Order of British Columbia, a legend in Canada’s wine industry, and founder of award winning Sumac Ridge Estate Winery, and See Ya Later Ranch. In this conversation, McWatters talks about the internationally acclaimed and growing Canadian wine sector. McWatters, instrumental in putting Canadian wine on the global map, is now leading a new ...

Investment opportunity: Vineyard + Real Estate in Okanagan Part 2

August 26th, 2014
TM: When people want to invest in wine, what kind of price range, should they invest in a whole vineyard? Or just a investment fund? I understand you are having your project, can you explain it to us a little bit so our investors can have a better idea. Sure. One of the challenge of investing directly of a sole ownership of a vineyard or winery is that they have to hire the expiries to ope ...

No car? No problem: Vancouver preparing to zone for parking-free condo towers

March 24th, 2014
Is this a new idea? The answer is "No".  Vancouver already has parking-free condo.  This potential new zoning basically means there will be more.  Listen to AM1320 "Golden Investment Page" radio show discussion based on this recent article touch on the City of Vancouver 2040 Long Range Transportation Plan. Click the title to read more: No car? No problem: Vancouver preparing to zone for par ...

Back to balanced market

April 9th, 2013
Back to balanced marketPlease click podcast listen to Cantonese interview Even though the March statistic from the real estate board of Greater Vancouver shown  sales declined 18.3% from March 2012 and 30.2% below the 10 year sales average.  It however, shown some good news for Sellers.  The sales-to-activity-listings ratio sits at 15.2%.  What does it mean? A "buyers' market" is generally c ...
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