Smith McLellan Group-Kelowna Real Estate

[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, ...

With the month of February safely in the rear view mirror we can collectively breathe a little easier with two reasonably good months in the books.  The average sale price last month for residential houses was $462,500 which is up from $433,900 recorded February 2009.  The median sale price in February '10 was $429,000 which ...

Time to take a moment or two and look at condominiums and how they have been selling this year.   In most areas of the country condominiums are sold to either first time buyers or last time buyers.  Here in Kelowna we also sell to Albertans and children of Albertans.  As of today, there are 1,581 active condominiums for sale in ...