Rio Olympics 2016…Back Home In Kelowna

Rio Olympics 2016…Back Home In Kelowna

Last non real estate blog for a while. Promise….and this time I mean it.  Still a few days to go in August and we’ve generated 300 residential real estate sales in all areas of Kelowna with an average selling price of $682,000.  August of 2015 was considered a strong month when we sold 290 homes at an average of $555,000.  In other words, the strong year continues.

 

Jo-Ann and I returned from the Rio Olympics last week after ten days in Brazil.  Both Jo and I were pretty exhausted after two 40 hour/6 airport flights but we’ve bounced back.   We watched Kierra finish 19th in the 100m breaststroke and 7th in the 200 metre and had a great time.  There was so much excitement in the pool over the swimming events highlighted by Penny Oleksiak winning gold in the 100m freestyle.  All the Canadians fans were sitting together and there wasn’t a dry eye amoung us when they played our national anthem.  None of us thought it would be that emotional.    Kierra will be heading back to Minnesota for her final year of university in a week and hopes to continue swimming through Tokyo in 2020.    Jo-Ann and I don’t get to see our kid swim as much as we used to now that she’s on the national team and competes in other countries but in many ways watching her compete in Rio wasn’t all that much different than seeing her swim in Kamloops or Vernon when she was younger.

 

I have a cousin who lives 10km from the Olympic pool in Rio and we stayed with her family of five.  My uncle was a Canadian diplomat who lived and worked in many countries and one of his daughters ended up living in Brazil (what are the odds of that?)   My brother was with us as was Kierra’s grade 2 teacher and her sister from Saskatchewan.  Two of Kierra’s club coaches made the trip also so we had a pretty large cheering section.  We read all the reports prior to leaving but didn’t see a single mosquito and felt safe the entire time.   It was a lot more beautiful than I was expecting with a zillion miles of oceanfront with dedicated bike and running paths that went on forever.  It was Winter in Rio but the beaches were still active with endless volleyball games and other activities.    Our cousins never even lock their doors when they go out and feel safe in their gated community.  People live in smaller, more modest housing and tend to have larger family get-togethers and celebrations outside of the home.  Children’s birthday parties are rarely held in the home and they rent a large room from many businesses that cater to these sorts of things.  At least from what we experienced, it was a “let’s go outside and do stuff” society.  If interested, there are some more pictures on my facebook page.   www.facebook.com/andy.paul.smith

 

Thanks for reading and I promise to bounce back with real estate news and various tidbits about Kelowna’s housing market next time.

Andrew Smith - RealtorLiving in Kelowna,
Andrew Smith
Royal LePage Kelowna
1-1890 Cooper Rd, Kelowna, BC V1Y 8B7
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here luxury homes for sale Kelowna

RIO OLYMPICS & Market Report – Live Updates With Andrew Smith

RIO OLYMPICS & Market Report – Live Updates With Andrew Smith

RIO OLYMPICS Kierra Smith

Some of you on this email list know that our daughter, Kierra Smith, swims on Canada’s national  team and is set to compete at the Olympics in Rio de Janeiro next week.  Jo-Ann and I heading down to South America to watch her compete and I wanted to share Kierra’s schedule in case anyone is interested in following along.

 

100m women’s breaststroke prelims.   Sunday August 7th 9am pacific (1pm Rio time).  Kierra is ranked about 18th in this event and If she advances to the semifinals  (top 16) it will  be at 6pm Pacific time (10pm Rio time).

 

200m breaststroke prelims.  Wednesday August 10th (same times as above).  She has a better chance here and finished 8th at world championships last Summer.   Mostly the same people will be competing in Rio so she has a pretty good chance at a semifinal and perhaps a final.  Let’s not get ahead of ourselves and speculate beyond that J .    The finals will be Thursday August 11th at 6pm PST.

 

If you want to follow a little more closely I’ll provide updates on my social media platforms.

www.twitter.com/smithap01

www.instagram.com/andy_smith_images

www.facebook.com/andy.paul.smith

 

Even better, you’ll get a behind the curtain look at the Olympics if you follow Kierra’s social media.  She doesn’t always respond straight away but appreciates well wishes.

www.twitter.com/kierras

www.instagram.com/kierras

www.facebook.com/kierrasm

 

 

If you came here looking for real estate here is a quick little short and sweet housing update from Kelowna.  Mid-Summer edition.

 

There are 974 freehold residential homes for sale in Kelowna  today, in all price ranges.  (freehold…not including Fintry, Big White and Beaverdel)

173 homes priced under $500,000

131 priced over $2 million

367 priced over $1 million

334 priced between $500,000 and $800,000.

6 homes in Foreclosure.

84 vacant homes on the market.

257 homes with suites.

 

A trend that is likely to continue is that we’re going to see more secondary suites in every area of town.   Legal or not, suites and renting out a bedroom or two are going to become more common as prices increase and inventory decreases.  Efforts by municipalities to build affordable housing work to a point but people with punishing mortgages need the revenue and young people need roofs over their heads.

 

Thanks for reading.

Andrew Smith - RealtorLiving in Kelowna,
Andrew Smith
Royal LePage Kelowna
1-1890 Cooper Rd, Kelowna, BC V1Y 8B7
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here Okanagan real estate listings

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