March came in like a Lamb here at BuzzBuzzHome.
But that was just the start of a much bigger conversation about different aspects of development in Toronto – what buyers want versus what they can get, whether there will be a condo meltdown and even whether the city should say yes to a casino. Read more
Brad J. Lamb, the developer and real estate sales extraordinaire, appeared on the Charles Adler show on Monday to give the well known talk radio host his thoughts on the state of the real estate market, both in Toronto and across Canada.
The interview — available to stream here — was only five minutes long, but as always, Mr. Lamb was full of great quotes and insight. We listened closely and jotted down some of the best points from the interview. Check them out below… Read more
Brad J. Lamb has years of experience in both real estate sales and marketing and residential land development. With a reputation for speaking his mind, Brad has become a prominent media figure and a go-to guy for quotes and insight into the market.
Mr. Lamb is a development extraordinaire. His company, Lamb Development Corp. has 11 projects selling in Canada including notables like The Brant Park in Toronto, 6th and Tenth in Calgary and SoBa Condos in Ottawa.
Clearly, he’s not lacking experience when it comes to the Canadian real estate market so it makes sense that he was invited to appear on CTV News on May 8th to discuss the Toronto condo craze and the newly released CMHC numbers.
As you may know, according to the CMHC, the annual pace of home starts rose 14 per cent to 244,900 in April.
Here’s a few of the key quotes from Lamb’s CTV News segment… Read more
If you don’t know about The Property Show then it’s time to get in the know.
This unique event is aimed at real estate investors and industry professionals, offering them a chance to connect and meet face-to-face with a variety of industry insiders and specialists.
It’s all happening on Saturday, March 31 starting at 9am. The action is taking place at the Pantages Hotel in downtown Toronto. You can stop by The Property Show website to get your early bird tickets for only $25. Not bad for a day full of shop talk and seminars led by an all-star line-up real estate experts.
Guest speakers include Don R. Campbell, CEO of the Real Estate Investment Network, Brad J. Lamb, the Toronto real estate extraordinaire, Gil Blutrich, founder of Skyline and Hunter Milborne, “The Dean of Condos”. Read more
So what’s really going on? Well, it’s complicated.
Toronto real estate guru Brad Lamb doesn’t finger point to overseas investors.
“The scarcity of the product — in this case, single detached homes — is key,” he said in an interview with the CBC. “And as the Toronto population grows and land available for new houses becomes scarce, the competition for these homes will become even more intense.”
Instead, Lamb suggests we need to change our expectations to align with a new reality — and embrace condo life.
He says the idea that you can live in a downtown core in a detached home and still be wealthy is out of touch to the way cities evolve. And it isn’t a bad thing — we just need to get used to the idea of living in condos. Read more
Brad J. Lamb made some pretty bold statements on his blog over the weekend, claiming that the condominium vacancy rate in the central area of Toronto was below 1 per cent.
The celebrity real estate agent and developer explained that on MLS there are 600 properties for rent (condos freehold) in the areas of Toronto bordered by the 401, the DVP, Dufferin and Lake Ontario. According to his calculations, that’s a less than 1 per cent vacancy rate.