October 2024 Fernie Market Dynamics: Rate Cuts and Rising Inventory

The Property Mindset: Inspiring Stories and Practical Advice for Real Estate Success

#Entrepreneur #Business #Phil Gadd

18:09

HR is no longer just about managing people—it’s about shaping the future of work. Jens Baier, BCG’s HR transformation expert, discusses how AI and shifting employee expectations are forcing companies to rethink talent strategies. From re-recruiting to upskilling employees, HR must adapt to a rapidly changing landscape. Learn More: Jens Baier: https://on.bcg.com/41ca7Gv BCG on People Strategy: https://on.bcg.com/3QtAjro Decoding Global Talent: https://on.bcg.com/4gUC4IT…

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In this pivotal episode of The Property Mindset Podcast, titled "October 2024 Fernie Market Dynamics: Rate Cuts and Rising Inventory," host Phil Gadd delves into the intricate details of the Fernie real estate market amid Canada's broader economic slowdown. We explore the ramifications of the Bank of Canada's recent aggressive rate cut and how it's reshaping buyer and seller behaviors in Fernie.

Key Topics Covered:

Economic Overview: An examination of Canada’s recent economic performance, including flat GDP growth and its influence on real estate dynamics.
Interest Rate Cuts: A deep dive into the Bank of Canada's substantial 50-basis-point cut, bringing the policy rate down to 3.75%, and predictions for future financial policies.
Market Activity: Insights into the dramatic 82% increase in new listings and a decrease in sales by 9%, showcasing a market filled with opportunities and challenges.
Pricing Trends: Analysis of the current median price holding steady and average prices showing a significant increase, affecting both buyer strategies and seller expectations.
Market Predictions: Discussions on the potential for further economic interventions by the Bank of Canada and their possible impacts on the real estate market as we approach 2025.

📊 What This Means For You: Whether you're a first-time homebuyer, a seasoned investor, or a market spectator, this episode offers valuable insights into how to strategically navigate the evolving market conditions in Fernie. Learn about the key factors driving the market and how to position yourself effectively amid these changes.

Listen now and gain the insights needed to make informed decisions in an unpredictable economic climate.

Show Sponsor: First Tracks Real Estate Group - eXp Luxury

👉 Schedule a consultation with Phil today

🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips!

Show Sponsor: First Tracks Real Estate Group - eXp Luxury

YOUTUBE - 🎥
INSTAGRAM - 📸
FACEBOOK - 💬

58 episoade

October 2024 Fernie Market Dynamics: Rate Cuts and Rising Inventory

The Property Mindset: Inspiring Stories and Practical Advice for Real Estate Success

published acum un an

Distribuie

MP3•Pagina episodului

Send us a text

Key Topics Covered:

Economic Overview: An examination of Canada’s recent economic performance, including flat GDP growth and its influence on real estate dynamics.
Interest Rate Cuts: A deep dive into the Bank of Canada's substantial 50-basis-point cut, bringing the policy rate down to 3.75%, and predictions for future financial policies.
Market Activity: Insights into the dramatic 82% increase in new listings and a decrease in sales by 9%, showcasing a market filled with opportunities and challenges.
Pricing Trends: Analysis of the current median price holding steady and average prices showing a significant increase, affecting both buyer strategies and seller expectations.
Market Predictions: Discussions on the potential for further economic interventions by the Bank of Canada and their possible impacts on the real estate market as we approach 2025.

Listen now and gain the insights needed to make informed decisions in an unpredictable economic climate.

Show Sponsor: First Tracks Real Estate Group - eXp Luxury

👉 Schedule a consultation with Phil today

🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips!

Show Sponsor: First Tracks Real Estate Group - eXp Luxury

YOUTUBE - 🎥
INSTAGRAM - 📸
FACEBOOK - 💬

58 episoade

#Entrepreneur #Business #Phil Gadd

Toate episoadele

1
February 2025 Fernie Market Pulse: Surging Listings & Shifting Prices 7:00

acum 5 zile7:00

7:00

Send us a text Dive into the Fernie real estate market with our comprehensive February 2025 update in this episode of The Property Mindset Podcast. This month, we’ve witnessed a significant 21% increase in new listings and a notable change in sales dynamics, with prices showing unexpected movements. We explore what these developments mean for both buyers and sellers as inventory changes shape the market landscape. Key highlights include: A detailed analysis of the rise in new listings and what it signals for potential buyers. Insights into the sales slowdown and the factors driving the 35% drop in median sale prices compared to last year. An overview of market trends and how these might affect future real estate decisions in Fernie. Expert predictions for the remainder of 2025 and how current trends could impact long-term market behavior. Whether you're considering buying, selling, or just staying informed on real estate trends, this episode offers vital statistics and expert interpretations to help you navigate the complexities of the Fernie real estate market. Tune in to stay ahead of the curve in one of Canada's most dynamic real estate markets. 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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10 Home Buying Hacks to Find Hidden Deals & Win in Fernie’s Market 6:26

acum 11 zile6:26

6:26

Send us a text 🏡 Buying a Home in Fernie? Don’t Overpay! 🏡 With rising prices and intense competition, buying a home in Fernie can feel like a race against time. But what if you had 10 powerful hacks to get ahead of the competition, find hidden deals, and negotiate like a pro? In this episode of The Property Mindset Podcast , I break down: ✔️ Off-market listings and how to access them before others ✔️ Fixer-upper strategies that save you thousands 💰 ✔️ Pre-approval power —why it’s a game-changer ✔️ Seasonal market timing to secure the best price ✔️ Negotiation tricks that get sellers to choose YOU 🔥 Whether you’re a first-time buyer or seasoned investor , these insider strategies will give you the edge to land your dream home without overpaying. 💬 Have questions about the Fernie market? Drop a comment below and let’s chat! 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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🏡 How to Sell Your Home FAST in Fernie & Get Top Dollar! 8:57

acum 17 zile8:57

8:57

Send us a text 🏡 Thinking of Selling Your Home in Fernie? Here’s How to Get Top Dollar! Are you trying to sell your home in Fernie but worried about it sitting on the market for months? With rising home prices and changing buyer trends , selling a home in 2025 requires the right strategy! In this episode of The Property Mindset Podcast , I’ll walk you through expert-backed steps to help you sell your home faster and for the best possible price. 📌 What You’ll Learn in This Episode: ✅ How to price your home competitively (without leaving money on the table!) ✅ Staging and curb appeal tips to attract buyers instantly ✅ Marketing strategies to make your listing stand out in Fernie’s competitive market ✅ How to handle negotiations for a smooth and profitable sale ✅ When is the best time to sell in Fernie? 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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How Trump’s Trade War Impacts Fernie’s Economy & Real Estate 5:16

acum 26 zile5:16

5:16

Send us a text Trump’s Tariffs & Fernie’s Economy – What You Need to Know A 25% tariff on Canadian steel and aluminum just hit, and Canada is fighting back with $155 billion in retaliatory tariffs . But how does this trade war impact Fernie’s economy, real estate market, and cost of living? In this episode of The Property Mindset Podcast , Phil Gadd breaks down: ✅ Rising home construction costs & infrastructure delays 🚧 ✅ Inflation impact on groceries, vehicles & household goods 🏠 ✅ Job risks in construction, resource, and tourism sectors 💼 ✅ What this means for Fernie’s real estate market 📊 With Fernie’s cost of living already climbing , these economic shifts could change buying and selling strategies in 2025. Whether you're a homeowner, investor, or business owner , understanding how these tariffs affect Fernie’s property values is critical. 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Fernie Real Estate Kickoff 2025: Navigating the New Market Dynamics 5:54

acum 5 weeks5:54

5:54

Send us a text Dive into the new year with a comprehensive analysis of the Fernie real estate market in January 2025 on The Property Mindset Podcast. This episode provides an in-depth look at the major shifts and trends affecting the market, from a surprising increase in new listings to significant changes in property prices. Whether you're a potential buyer, seller, or investor, understanding these dynamics is crucial for making informed decisions. We'll explore: The significant rise in new listings and what it signals for the market. How the median and average prices have adjusted in the early days of 2025. The implications of these changes for buying and selling in Fernie. Stay tuned as we offer expert insights and predictions to help you navigate Fernie's evolving real estate landscape. Whether you're planning to buy your dream home or considering selling your property, this episode is packed with essential information to guide your real estate decisions in 2025. 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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🏡 Investment Property vs. Vacation Home: What's Best in Fernie? 7:23

acum 6 weeks7:23

7:23

Send us a text Thinking about buying in Fernie but unsure what type of property is right for you? In this episode of The Property Mindset Podcast , we break down the pros and cons of investing in a rental property vs. securing your dream vacation home . With Fernie’s real estate values climbing and demand for short-term rentals increasing , now is the time to explore your options. 🎯 What You’ll Learn in This Episode: The financial benefits of investment properties vs. vacation homes Market trends driving Fernie’s real estate growth Best areas for rental income and ski-in, ski-out vacation homes Key considerations for seasonal rental demand and ownership costs Real-world insights from helping buyers navigate Fernie’s housing market 🏡 Whether you’re looking for cash flow, long-term appreciation, or a personal mountain escape , Fernie offers incredible opportunities for real estate investment . But which one is the right fit for you? 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Downsizing in Fernie: Embrace More Adventure and Less Stress 8:38

acum 7 weeks8:38

8:38

Send us a text Are you over 50 and considering downsizing in Fernie, BC? In this episode of The Property Mindset Podcast , Phil Gadd explores why downsizing is a game-changing move for homeowners looking to simplify their lives and maximize the incredible lifestyle Fernie has to offer. Whether you're an outdoor enthusiast or planning for retirement, downsizing can unlock financial freedom, reduce your workload, and give you more time to enjoy powder days at Fernie Alpine Resort or peaceful evenings by the fire. What You'll Learn in This Episode: Why downsizing in Fernie is the key to financial freedom and less stress. The benefits of a smaller home: fewer chores, lower costs, and more adventure. Step-by-step strategies to prepare for downsizing, from decluttering to financial planning. Insights into Fernie's neighborhoods, real estate trends, and market timing. How to overcome challenges like limited inventory and emotional attachments to your current home. 🎯 Whether you're ready to move or just exploring your options, this episode will guide you through every step of the downsizing journey. 💼 Thinking about downsizing in Fernie? Let's create a personalized strategy to make it happen. 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Top 5 Winter Activities in Fernie, BC | Your Ultimate Snowy Escape! 🏔️ 5:32

acum 8 weeks5:32

5:32

Send us a text In Episode #51 of The Property Mindset Podcast , Phil Gadd takes you on a thrilling ride through Fernie, BC’s top five winter activities that make this mountain town a must-visit destination! Whether you’re seeking adrenaline-fueled adventures or peaceful winter escapes, Fernie offers something for everyone. What You’ll Discover in This Episode: 🎿 Epic Skiing & Snowboarding: Explore Fernie Alpine Resort’s legendary powder with over 2,500 acres of terrain and 142 runs. 🏔️ Backcountry Cat Skiing: Dive into untouched powder with world-class operations like Island Lake Lodge and Fernie Wilderness Adventures. 🚵 Fat Biking Adventures: Glide over Fernie’s groomed snow trails for a unique biking experience. ❄️ Snowshoeing to Fairy Creek Falls: Discover a serene 4.7 km trail leading to a stunning frozen waterfall. 🎿 Cross-Country Skiing: Enjoy Fernie’s extensive Nordic trails at the Elk Valley Nordic Centre, Fernie Alpine Resort, and more! Whether you're a seasoned adventurer or new to winter activities, this episode will inspire you to make the most of Fernie’s winter magic. 👉 Ready to turn your Fernie adventure into a permanent lifestyle? Book your FREE consultation with me today 📍 Location: Fernie, BC 🎙️ Host: Phil Gadd | First Tracks Real Estate Group – eXp Realty Show Sponsor: First Tracks Real Estate Group – eXp Luxury 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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The Real Cost of Living in Fernie, BC 8:44

acum 9 weeks8:44

8:44

Send us a text Rising Costs, Unmatched Lifestyle Fernie, BC, is known for its breathtaking mountain views, world-class recreation, and strong community vibes. But with an average home price climbing over $800,000 and the cost of living rising faster than many other Canadian towns, can you afford to live in this mountain paradise? In Episode #50 of The Property Mindset Podcast , host Phil Gadd explores the true cost of living in Fernie. From housing and groceries to transportation and dining out, Phil breaks down the financial realities of life in this vibrant mountain town. Plus, he compares Fernie to other popular destinations like Whistler and Revelstoke to help you decide if this dream town fits your lifestyle and financial goals. 🎯 What You'll Learn in This Episode : The current cost of living in Fernie: housing, groceries, and more. A comparison of Fernie, Whistler, and Revelstoke for homebuyers. Pros and cons of living in Fernie for families, professionals, and investors. Practical advice for planning your finances and making Fernie your home. 🌄 Whether you’re a buyer, seller, or investor, this episode offers actionable insights for navigating Fernie’s unique real estate market. 📞 Book a free consultation with Phil Gadd to explore your real estate options 🔔 Don’t forget to subscribe to stay informed about all things Fernie real estate. 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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December 2024 Fernie Market Wrap-Up: Trends and Predictions 5:58

acum 10 weeks5:58

5:58

Send us a text In Episode #49 of The Property Mindset Podcast, titled "December 2024 Fernie Market Wrap-Up: Trends and Predictions," host Phil Gadd takes a deep dive into the year-end dynamics of the Fernie real estate market. Discover how various property types fared as we transition from 2024 into 2025 and what potential buyers and sellers might expect in the coming year. What’s Inside This Episode: December Overview: An in-depth analysis of fewer listings and how specific property types like single-family homes and apartments have seen price increases. Market Dynamics: Explore the factors leading to a 14% drop in new listings and an 11% decrease in sales, coupled with the implications of these trends. Pricing Insights: Delve into the median price trends across different property types, noting significant gains in apartments and the unusual dip in land prices. Historical Review: A review of the long-term market trends, highlighting a consistent property value appreciation over the past decade. 2025 Outlook: Predictions for the Fernie real estate market based on current and historical data, providing listeners with foresight into potential market shifts. 📈 Key Takeaways for Listeners: Gain critical insights into how the Fernie market is shaping up and what strategic moves could be beneficial as we approach a new year in real estate investments. Listen in for a comprehensive review and expert analysis tailored to both seasoned investors and first-time homebuyers. Show Sponsor: First Tracks Real Estate Group - eXp Luxury 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Why Fernie Real Estate is a Smart Investment in 2025 8:06

acum 11 weeks8:06

8:06

Send us a text 📈 Fernie's real estate market has grown an impressive 14.42% year-over-year , with average home prices now exceeding $750,000 . But what does this mean for you as a buyer or investor? In this episode of The Property Mindset Podcast , Phil Gadd explains why buying real estate in Fernie is not only a smart financial investment but also an opportunity to embrace a thriving mountain lifestyle . Whether you’re searching for a vacation home, rental property, or permanent residence, Phil offers a step-by-step guide to help you navigate Fernie’s competitive market. What You’ll Learn: ✅ Key strategies for buying real estate in Fernie ✅ How to handle limited inventory and win in bidding wars ✅ Why ski-in/ski-out properties and pocket listings are gold ✅ The importance of pre-approval and acting fast in a competitive market ✅ Pro tips for long-term investment and rental income opportunities 🎯 If you're ready to make your Fernie real estate dreams a reality, this episode is for you! 💼 Book Your Free Real Estate Consultation : 🔔 Don't forget to like, subscribe, and share! Your support helps us grow and deliver more insights into Fernie's real estate market. 🎧 Listen Now! 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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2025 Fernie Real Estate Predictions: Market Trends & Opportunities 8:57

acum 12 weeks8:57

8:57

Send us a text 🏡 What does 2025 hold for the Fernie real estate market? In this episode of The Property Mindset Podcast , host Phil Gadd dives into the latest predictions and trends shaping the future of real estate in Fernie, BC. With home sales across BC forecasted to rise by 13% , mortgage rates expected to drop, and growing demand for recreational and lifestyle properties, 2025 is shaping up to be a dynamic year for buyers and sellers alike. 🎯 Key Insights Covered in This Episode: Price Predictions : Average Fernie home prices could surpass $800,000. Inventory Levels : Are we finally seeing improvements in housing supply? Demand Trends : How lower mortgage rates and new buyer policies will stimulate the market. Challenges to Watch : Affordability, new construction shortages, and economic uncertainties. Lifestyle Investments : The rise of vacation condos and lifestyle-driven buyers. Whether you're looking to invest, sell, or make Fernie your home, Phil shares expert advice and actionable strategies to navigate opportunities in this evolving market. 💼 Thinking of buying or selling in 2025? Let’s build a strategy tailored to you! 👉 Book your free consultation 🔔 Don’t forget to subscribe, share, and leave a review to stay updated on Fernie real estate insights! Show Sponsor: First Tracks Real Estate Group - eXp Luxury 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Navigating Fernie Real Estate During the Holidays: Tips & Insights 7:58

acum 13 weeks7:58

7:58

Send us a text Discover Why the Holiday Season is Perfect for Real Estate in Fernie, BC In this festive episode of The Property Mindset Podcast , host Phil Gadd unwraps the unique dynamics of the Fernie real estate market during the holiday season. Whether you’re a buyer or seller, the Christmas charm of Fernie can create exciting opportunities to make your next real estate move. 🎄 Key Takeaways: Why buyers and sellers are highly motivated during the holidays. How to leverage Fernie’s winter wonderland charm to your advantage. The importance of staging, budgeting, and planning ahead during this busy time. Insider tips for navigating lower inventory and winter-specific challenges. Real-life examples and pro tips to maximize your holiday real estate strategy. 📈 Whether you're ready to invest or simply curious, this episode has everything you need to navigate Fernie's holiday market with confidence. 🎧 Tune in now and make this holiday season your time to shine in real estate! Show Sponsor: First Tracks Real Estate Group - eXp Luxury 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Fernie Real Estate Pulse: November 2024 Market Adjustments 5:13

acum 14 weeks5:13

5:13

Send us a text In Episode #45 of The Property Mindset Podcast, titled "Fernie Real Estate Pulse: November 2024 Market Adjustments," host Phil Gadd offers a comprehensive analysis of the shifting dynamics in the Fernie real estate market. With the year winding down, November introduces notable changes that could influence buyer and seller strategies as we approach 2025. What’s Inside This Episode: November Overview: Delve into the significant reduction in new listings and the decline in sales, showcasing a market that is increasingly favoring buyers. Pricing Insights: Unpack how despite the market slowdown, the median sale price has increased to $697,000, offering insights into property valuation resilience. Market Trends: Explore detailed statistics that highlight a decrease in sales and list prices but an uptick in the sale-to-list ratio, suggesting a complex market environment. Strategic Forecast: Discuss the implications of these trends on future market behavior and what it means for those looking to engage with the Fernie real estate market. 📈 Key Takeaways for Listeners: Whether you're considering selling your property or looking for investment opportunities, understanding these market shifts is crucial. This episode provides the insights needed to navigate the complexities of real estate transactions in a fluctuating market. Tune in to gain a deeper understanding of Fernie’s market trends and prepare for the upcoming year with strategic foresight. Show Sponsor: First Tracks Real Estate Group - eXp Luxury 👉 Schedule a consultation with Phil today 🔔 Don’t forget to subscribe for more real estate insights and Fernie lifestyle tips! Show Sponsor: First Tracks Real Estate Group - eXp Luxury YOUTUBE - 🎥 INSTAGRAM - 📸 FACEBOOK - 💬…

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Is Fernie the Perfect Place to Live? Pros, Cons, and Insights 10:14

acum 15 weeks10:14