The photos are one week apart, happy to have some warmer temperatures but drive safe everyone. Wishing everyone a Happy New Year! Wishing everyone health and prosperity in 2023! As January approaches, the new year brings some major changes to the real estate landscape in British Columbia. Many of these changes are designed by the different levels of Government to protect the consumer, with the underlying purpose of the changes being to increase supply and give consumers more

To all our past, current and future clients. Merry Christmas! We couldn't do it without you and we absolutely love doing what we do because of you! Some changes you will start seeing in the new year are designed to better serve you, our clients, and everything we are doing is with you in mind. Please offer any feedback of changes you would like to see and we are always looking to improve. As we head into Christmas, you can see the number of weekly sales is slowing, the real e

If you have been looking for a townhome, a new development design to watch coming in 2023 is the half-duplex-style townhome which means one shared wall, and more natural light among other benefits. 747 Patterson Ave will be completed in 2023, reach out for more information. Last year I reported on how much additional demand was there for homes with a suite. With such a rapid increase in prices, buyers had to get creative and either look at getting homes with a suite to make t

Click above to watch a video for the real estate statistics for the month of November, and where there could be an opportunity right now for sellers and buyers. For all of the Central Okanagan, sales have been slowing all year. Currently in November there was 255 total sales. With another rate increase slated for December, it is tough to know what will happen in the real estate markets across Canada. 255 total sales in November. Which was down from 310 sales in October and

It is official that the Government has now removed age and rental restrictions in BC, other than short-term rentals restrictions, and 55+ age restrictions are still in place. As we saw last week it is tough to put an exact increase that we may see for young families and investors but it appears the overall impact could be somewhere between 7-10%. Strong sales continuing as we head into December. Next week we will look at the statistics. We are heading into the last month

In the weeks to come, you may notice some changes, which are being made to better serve our clients. The first part of the change is the new real estate team name. We are now the "Selling Kelowna Real Estate Group". With all the changes we are hoping for a better aesthetic and usability for you, regardless of the changes, the one thing that hasn't changed is that we are still here to serve you. David Eby's plan for the first 100 days in office is to nix the rental restricti

The weekly sales jumped back up over 100 for the first time in a month. With the snow sellers and buyers are appearing to be serious right now. According to the Home Price Index in the last three years, the average price for homes in the Okanagan has increased by 46 percent. For you, the homeowners that means 46 percent more equity in your home in the last three years. That number is significant for people looking to pull out equity in their homes to do home renovations b