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Housing supply in the
Okanagan Looking over West Kelowna from Smith Creek in West Kelowna. 3,500 Listings Shy? How bad, right now, is the housing supply in the Okanagan? Well Andrew Ramlo with Rennie Institute, believes the Okanagan is shy of 3,500 listings right now. Economics 101 is based on supply and demand. With the reduction in supply, and demand remains constant, prices will rise, if demand falls off or stays constant and supply increases prices are to be reduced. In the last year, we hav

The 5 W's
A little motivation for this Wednesday- on my regular hikes behind my home I always come across these two trees (one as I am heading up the mountain and different one on my way back down). When I see these trees I use it as a reminder when plans aren't working out or maybe it was a tough day, to keep going. These trees didn't plan on being bent the way they are but they diverted changed course but never stopped growing. Keep growing and keep going my friends no matter how to

Budget 2022
They still do exist. I love the interesting things you find when viewing older homes. This was from a 1948 vintage house on Saucier Ave. On April 7th the Federal Government introduced the Budget 2022, with the main topic affecting Canadians this past year being the rapid increase in real estate prices. In 2022 the Feds have allocated $10.1 Billion to help with housing supply and affordability in Canada, aside from climate change and Indigenous reconciliation housing is the la

Real Estate Market March Statistics
Looking back at March the sales continue to trend up based on the comparison to February, however, the sales compared to March 2021 the monthly sales this year were two-thirds of what they were last year. Inventory is rising with the normal spring increase as expected, demand seems to have dropped off in the last month, with rates having been increased once and predictions for another 0.5% increase next Wednesday, banks are also tightening their lending policies making it tou

Is Underpricing a Good Strategy?
You will start to see some changes, albeit positive changes, to better serve you! Coming next month is a website that will help us market properties for our home sellers and give buyers better opportunities to search for homes. I will also do a better job of showcasing our brand and highlighting other members of our team. We are changing but know that we are changing to better serve you, filling in our gaps with not only technology but also people, so we don't lose sight of w
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