West Kelowna is expected to welcome approximately 12,000 new residents by 2040, according to the West Kelowna Official Community Plan. Targeted to welcome a portion of this growth is the master-planned community of Tallus Ridge in Shannon Lake, which is being developed at a pace aligned with buyer demand. This weekend is a great opportunity to look through new Single Family Homes and Townhomes in the neighbourhood at the Tallus Ridge Parade of NEW HOMES   Saturday May 4 & Sunday May 5 - 12-3pm | Tallus Ridge  [blog_features] The post Tallus Ridge Parade of New Homes appeared firs ..read more

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose May 1, 2024 In this month's Market Report, experienced Kelowna Real Estate Pro, Darcy Nyrose, takes a look at what happened in the market in April 2024. BC's new legislation surrounding short-term rentals went into effect today, and we've already started to see some listings that were once short-term rentals hit the market. What do we expect to see over the next few months? Watch as Darcy takes a look at what happened in the Market in April and what we can expect to come. Kelowna Real Estate Mark ..read more

Are you on the fence about purchasing a new home because you're waiting for interest rates to drop? Now is the perfect time to buy in the award-winning Quail Landing community. With a newly announced, limited-time promotional interest rate of 3.49% for three years courtesy of a collaboration between the developer and RBC, prospective homeowners have a unique opportunity to make their move. For More information about the program visit the Showhome Saturdays & Sundays 12-4pm or contact the sales team at 778-383-6914 [blog_features] The post Quail Landing - Enjoy a 3.49% Mortgage Rate appeare ..read more

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose April 1, 2024 In this month's Market Report, experienced Kelowna Real Estate Pro, Darcy Nyrose, takes a look at what happened in the market in March 2024. The spring market has started a bit early with more homes hitting the market. Plus, why will townhomes win this year? And, is the new short term rental legislation already affecting the numbers? [/embedyt] Kelowna Real Estate Market By The Numbers [blog_features]   If you're looking to buy or sell Kelowna real estate, contact Nyrose & ..read more

Kelowna Real Estate News - New Home Flipping Tax discourages real estate speculators in an aim to make housing more accessible to families. The provincial government revealed plans for the BC home flipping tax in late February, as part of the Provincial Budget 2024. Implementation Date: Set to take effect on income earned from homes purchased on or after January 1, 2025 Objective: Aimed at discouraging short-term speculative property flipping under the Homes For People plan. Tax Structure: Utilizes a descending rate over time, starting at 20% for properties sold within a year of purchase, tap ..read more

Kelowna Real Estate News  - Relief For Some Home Buyers With BC Government's Expanded PTT Exemptions On February 22, the Provincial Government introduced their 2024 Budget which included several significant updates specifically relating to housing. One of the biggest changes is to the province's Property Transfer Tax. Beginning April 1, 2024, the exemptions will expand, benefitting both first time home buyers, new-home buyers for their primary residence purchase. What is Property Transfer Tax (PTT?) Whenever property transfers ownership in BC, it is subject to a tax called PTT, unless th ..read more

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose February 1, 2024 In this month's market report, Darcy talks about how Kelowna's spring market has come early. With the holding of interest rates, Buyers have re-ignited their search and Prospective Home Sellers have gotten their homes listed ahead of the typical spring market. This is good news to ensure stability within the real estate market over the next few months. Kelowna Real Estate Market By The Numbers [blog_features]   If you're looking to buy or sell Kelowna real estate, contact N ..read more

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose February 1, 2024 In this month's market report, Darcy takes a look at what happened in January 2024 and what we can expect to see this upcoming spring. Here's an interesting fact that Darcy observed: over 1/3 of the townhomes for sale were built/sold in 2020 and beyond. What does that mean and why is that important? Watch the video to find out. Kelowna Real Estate Market By The Numbers [blog_features]   If you're looking to buy or sell Kelowna real estate, contact Nyrose & Associates to ..read more

Going green isn’t just a trend; it’s an efficient way to live that helps improve the world around us.  For most, making changes at home is the easiest way to start your own personal green movement. Plus, any changes you implement in your home will have a direct impact on your eco-footprint, your wallet, your health, and your quality of life. The idea of going green can be very daunting. But, when you start small and introduce new green living ideas into your daily habits, it is a lot easier.  Here are six things you can do right now (or one at a time until they’re habit) to live a mo ..read more

Making the decision to purchase new versus resale is a difficult task, and many buyers find themselves caught between the two options. The Kelowna Real Estate Pros at Nyrose & Associates can help you make that decision. With real estate team members specializing in Kelowna New Home and Development sales, we understand the pros and cons of making the decision to buy a new home in the area. While meeting with one of our real estate team members is the best way to narrow down your real estate search, we’ve uncovered some of the common “pros” contributing to the decision to purchase a home loc ..read more