In Central Okanagan, the residential real estate market experienced a notable slowdown in December 2023 due to persistently high-interest rates, according to the Association of Interior REALTORS®. The area recorded 528 residential unit sales, marking a 12.4% decrease from December 2022 and a substantial decline from the previous month’s 813 units sold. Despite this, there […]
In the Central Okanagan region, the residential real estate market experienced a slight slowdown preceding the holiday season, as reported by the Association of Interior REALTORS®. November 2023 saw 813 residential unit sales, reflecting a 5.9% decrease compared to the same period in 2022 and falling below October’s figures of 977 units sold. Despite this […]
December is finally here! As 2023 comes to an end, we’d like to thank everyone who took time out of their day to engage with our blog. This year’s content included everything from neighborhood-specific articles to valuable buying and selling tips. In keeping with our annual tradition, we are going to be dedicating this month’s […]
The real estate landscape in British Columbia is experiencing a notable deceleration, with various factors contributing to this slowdown. High interest rates, coupled with looming recession fears and economic uncertainties, have led to a substantial backlog of potential buyers waiting for market adjustments. Despite sluggish sales and a rise in available options, the price of […]
Winter is on its way! With this new season rapidly approaching, it’s time to make sure that your home is ready for the cooler temperatures. Ice and snow can cause many problems for your home if you aren’t prepared! To avoid damage, it’s best to take control of the situation now. From cleaning your gutters […]
Real estate activity across the province of British Columbia continues to slow. High-interest rates, a looming recession, and economic uncertainty are all factors contributing to a long lineup of potential buyers who are patiently waiting to see market corrections. Prices remain steady and the cost of a single-family home in Kelowna rose slightly despite slower […]
Kelowna wildfire 2023 Wildfires can have a devastating impact on communities, affecting not only lives and landscapes but also the real estate market. For sellers and buyers in Kelowna and West Kelowna fire-affected areas, navigating the complexities of real estate transactions can be challenging. We had a client reach out to us with questions after […]
Owning a house is a dream for many Canadians. However, people often overlook the reality of home ownership. From unexpected expenses to maintenance tasks, owning a house presents a lot of challenges. Many of which, most first-time home buyers have not anticipated. To help you better understand the ins and outs of home ownership, we’ve […]
Introduction The real estate market in Kelowna, British Columbia, has long been a subject of interest for both investors and homebuyers alike. With its picturesque landscapes, attractive climate, and growing economy, it’s no wonder that Kelowna has become a hotspot for real estate activity. However, one crucial factor that often goes hand in hand with […]
