Jim Flaherty announced new mortgage financing rules for home buyers and home owners wanting to extend/obtain secure lines of credit. In a nutshell, mortgages with amortization periods longer than 30 years will no longer qualify for government backed insurance
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The Kelowna residential housing market encountered what statistitions might call a “blip” last month. There were 168 residential sales which was better than most anticipated after 3 consecutive slow months but 14 of those sales were over $1
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Here’s a quick snapshot of today’s housing market. Fresh off the presses. Number of Residential Single family listings 1,878 Number of Condos for sale 1,671 The number of condominiums for sale has NEVER exceeded the number of residential houses
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Jo-Ann is on her way to Edmonton this week and next for Western Canadian Swimming Championships. Let us know if you would like to get together to discuss the Kelowna real estate market in greater detail. Her direct phone number is 250 979 8835. The Kelowna
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