Here is a little bit of aftermath from the winds on one of our client's new townhouse sites at 860 Wilson Ave. I have a few puns in mind for the picture but ill keep the email professional. View the Townhome here and let me know if you want more information One factor when wanting to look at the overall market health is what homes are selling at compared to list price.
When using this ratio in reading the market, to me it really indicates how much demand is out there based o
Photo Flooding in Merritt, B.C., is seen in this still taken from video (Big Power Films/CTV News) First off, with the crazy storms over the last few days, I hope everyone and their families are safe, healthy, and warm! I know for me not having power for 38 hours wasn't ideal but seeing what's happening in Merritt and Abbottsford, puts everything in perspective and how we take simple things in life for granted.
Real estate wise this week we are looking at the new legislation
Looking at the planned growth of Kelowna in the next 20 years Kelowna is planning on focusing growth based on the map above. There are a number of different plans of growth from increased single-family homes but for the majority in the higher ratio areas, the growth will come in the form of multi-family. If you are interested in learning how high buildings may be going, reach out and let me know. Last week the Western Investor who is one of the largest and most trusted real
Here is a view from a lot in Peachland that could be the future home of townhomes. As expected listings continue to decrease as we head into winter, however, sales continue to increase signaling strong demand. The total value of homes currently on the market right now in Central Okanagan is $1,691,455,397. There were 757 new listings in October which was up 4% compared to the 5-year average, however, 78% of the new inventory was absorbed (sold), and overall inven
Three quarters down, one quarter left. The Association of interior Realtors just released the 3rd quarter statistics. Looking at the report nothing really is new, there has been an incredible volume of sales and low inventory but it seems as though we talk about that every week.
Already in record territory, the total volume with still one quarter to go the number of volumes is currently just shy of $8 Billion, looking at the graph below it really puts this year in per