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I always make sure I'm sitting down before analyzing January home stats but this year we're showing early signs of optimism. There were 455 residential sales during the first quarter of 2011 with an average sale price of $486,000. The fourth quarter
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Okay, maybe that's a little too much hyperbole for anyone's taste but it's my favourite part of Kelowna especially during the Summer. Kelowna South is once again proving to be one of the hottest real estate areas in Kelowna. The fourth quarter
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A typical phone call in late November to any real estate agent.... "I want to take our home off the market for December to give it a rest. We'll put it back on in the new year". Seems reasonable. Kids are out of school, relatives might be
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There are 1,828 residential houses on the market right now including 456 priced under $400,000 and 331 priced over $1,000,000. I know I spend too much time writing about the plight of million dollar sellers in this town but it seems like it was just yesterday
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I realize I'm a day early here and we still have 23 hours left to sell houses this month but I wanted to get a head start getting October stats out before everyone else in this industry....to heck with accuracy this month. October was an odd month.
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Guadalajara October 2011. Kierra raced in the 100m breaststroke last Monday and finished 5th with a time of 1:10.15. It’s her 3rd best event but the only one she was allowed to race in Guadalajara (long story). She came back with a silver medal
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Downtown Kelowna has changed so much in the past 15 years I have lived here..... and mostly for the better. I can not think of a nicer run than along Kelowna's downtown waterfront. Start at City Park along the lake, past the yatch club, along the
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As of right now there are 154 residential homes for sale, not including lakefront and not including homes on native land. There have been 78 sales so far in 9 months. This means there is approx a 17 month supply of homes on the market. (this number is
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Rutland has to be the most undervalued and most under appreciated part of Kelowna and I've never understood why. It's centrally located close to shopping, transportation, hockey rinks and a completely refurbished Kelowna Family YMCA. Crime is
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Buying a townhouse in Kelowna might be considered one of the safest real estate investments our city has to offer. So far this year there have been 209 townhouse sales with an average sale price of $349,000. Five years ago the average sale price was $280,000
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Let's take a moment and focus on the resiliency of the Kelowna townhouse market over the past decade before looking at the rest of the market. So far this year, there have been 213 townhouse sales in the Kelowna trading area with an average sale price
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The second quarter is over and done with now and there were 582 residential sales in April/May/June with an average sale price of $490,000. The 1st quarter of this year showed 450 sales with an average sale price of $478,000. Compare this to the 2nd quarter
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I spent the last few days looking at homes in Kelowna's Upper Missioin area which has to be one of the nicest neighbourhoods in Canada. Great schools, little crime, people looking out for one another, jaw dropping views of the lake, luxurious houses
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There were 75 foreclosure sales in Kelowna for the years 2004 through 2008. No news there really unless you were personally involved but what has to be an alarming statistic is that there have been 77 already this year and we're still in the 2nd quarter.
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What a wonderful place to spend a day, weekend or family vacation. Big White has world class skiing with, great restaurants, 100% ski in/out accommodation and is only about 45 minutes from Kelowna. The real estate market up there has gone through what
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