Smith McLellan Group-Kelowna Real Estate

Did the Central Okanagan buck a provincial trend in August or am I reading our MLS numbers incorrectly?Earlier this month we reported 205 residential unit sales at a $573,000 average August 2012 compared to 158 units sold August '11 at $540,000 average.   Both average sale price and units sold up significantly august over ...

Over-all, there has been 171 residential sales this September in the Kelowna Real Estate market with an average residence selling for $537,000. September of 2010 witnessed 139 sales with the common sale amount of $510,000.  Glad to see the total number of properties selling going up. The fourth quarter is traditionally the slowest with regard ...

[photo:listing:35985291:2]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 seawall towards Paul's Tomb. And that is just along the waterfront. ...

They're everywhere it seems.   If you're trying to sell your home in Kelowna, and it's priced over $700,000 you might have to get comfortable with that for sale sign out in your front yard for a while.  There are 435 of these homes on the market right now and there have been 109 sales in this price bracket so far this year. ...

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 of $336,000.  While the 213 number might still be a little off where it ought to be the ...

[photo:listing:35985136] Sharply Priced • 1,175 sq. ft., 2 bath, 2 bdrm single story - MLS®$287,000 Lower Mission, Kelowna  -  Well priced condo in sought after Brandts Creek Crossing. Two bedrooms and two bathrooms with Glenmore valley views from two balconies. Oversized kitchen with eating area ...

Listed a nice property in Sandpointe, a 55+ gated community up in Glenmore for $559,000. Completely updated and shows a perfect 10/10.  141-595 Yates....It will be on MLS and website tomorrow. Started the day bright and early preparing to meet the seller for the first time.  Researched comparable homes for sale, recent sales, expired ...

[photo:listing:31965959] Extensive Renovations Inside • 1,900 sq. ft., 4 bdrm single story - $419,000 - Sharply Priced Kelowna South, Kelowna  -  Four bedroom/three bathroom rancher with "open" design. Well thought out floor plan with substantial renovations. Separate 300 square foot ...

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 which is required for all mortgages with less than 20% down.   Also, Canadians ...

Revelstoke Royal LePage January 13,2011 . What a beautiful town!Over the holidays, Jo-Ann and I decided to take a few days and visit some Royal LePage offices in our province.  We managed to stop in and visit for an hour or so in Merritt, Hope, Parksville, Qualicum Beach, Nanaimo, Kamloops, Armstrong, Vernon, Oliver, Osoyoos, Okanagan Falls, ...