Home Prices Drop $60,000 | Kelowna Real Estate October 2023
Posted on Oct 11, 2023
The real estate market in Kelowna, British Columbia, has seen some notable shifts in the last month, prompting discussions about the possibility of a market crash.
In this blog post, we will delve into the market dynamics of September and explore whether there are indications of a sustained downturn or if the changes observed are part of a seasonal...
Kelowna Home Prices Remain Steady
Posted on Aug 06, 2023
Year to date, if we take all the sales from January to July, the average price is down year over year by almost 9% from what the Year to Date Price was at this time in 2022.
But, we have to keep in mind that the 2022 Year to Date price included sales in the red hot spring market where the average sale price reached $1,281,050 before it started a dow...
Buying a Home in the Okanagan
Posted on Jun 19, 2023
Buying a home in the Okanagan can be an exciting and rewarding experience, but it can also be a bit overwhelming. With so many different neighbourhoods, types of homes, and factors to consider, it can be tough to know where to start. That's why I've put together this informal buyer's guide to help you navigate the process.First things first: figure...
Home Prices are Down 12%
Posted on May 23, 2023
This month, you will read online and hear that home prices are down 12% from last spring, THE PEAK OF THE MARKET.And that is 100% true.
But other than the normal, seasonal drop around Christmas, the market has been relatively flat and balanced since the middle of 2022.
Month to Month we are in a good place for buyers and sellers.
Advantages to Listing your Home in the Spring
Posted on Apr 17, 2023
Are you considering selling your home? If so, this is for you.
1. Increased Demand
Spring is traditionally the busiest time of the year for the real estate market. Buyers who were holding off during the winter months are now ready to jump into the market. This increased demand means...
There's no better time to sell than in the spring market.
Here's why:
Here's why:
1. Increased Demand
Spring is traditionally the busiest time of the year for the real estate market. Buyers who were holding off during the winter months are now ready to jump into the market. This increased demand means...
What is Property Transfer Tax?
Posted on Mar 28, 2023
If you're planning on buying a property in British Columbia, Canada, it's important to know about the Property Transfer Tax. This tax is applied when you purchase or gain interest in a property that is registered at the Land Title Office. Unless you qualify for an exemption, you will be required to pay this tax.
The Property Transfer Tax is calculat...
The Property Transfer Tax is calculat...