Following Prime Minister Justin Trudeau’s resignation yesterday, now seems like a good time to look at the potential impact of a Federal Election on our Real Estate Market in 2025. Here in Kelowna, the Real Estate market has been quite fragile, as we balance affordability pressures, inventory challenges, and evolving Provincial regulations. The fear of […] The post Impact of a Federal Election on the Kelowna’s Real Estate Market 2025 appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

The Quail Ridge and University District Real Estate Market faced a challenging year in 2024, reflecting broader trends across Kelowna. Let’s take a closer look at some of the unique factors that shaped the market in this area last year. Key issues which directly affected the Quail Ridge & University Real Estate Market in 2024. Provincial […] The post Quail Ridge and University District Real Estate Annual Market Report 2024 appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

  Welcome to my January 2025 Kelowna Real Estate Market Report! Happy New Year! The Kelowna Real Estate Market kicked off 2025 with some interesting dynamics. While sales and inventory have dipped seasonally, sales are significantly higher than this time last year—a clear sign of renewed activity. Median prices tell a mixed story: up for […] The post Kelowna Real Estate News Prices and Trends Report January 2025 appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

Why make Home Upgrades? After a challenging 2024 for many Home Sellers, I know some of you will be looking to try again in Spring & will be looking for an edge! With interest rates predicted to reduce further, the Kelowna Real Estate market is hoping for the Spring season to be busier. So, this […] The post 10 Home Upgrades to Make Your Property More Attractive to Buyers appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

Starting January 1, 2025, British Columbians will face a new BC Home Flipping Tax, adding yet another layer of financial consideration for those selling properties within a short timeframe. Coupled with the Federal Property Flipping Tax introduced by the CRA in 2023, this marks a significant shift in how short-term real estate transactions are taxed. […] The post New BC Home Flipping Tax: What You Need to Know appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

Buying a home is an exciting journey, but many buyers overlook one important step: understanding the  Homebuyer Closing Costs. These are the additional expenses required to finalize your purchase, and they can catch you off guard if you’re not prepared. In this guide, I’ll break down everything you need to know about closing costs, how […] The post Understanding Homebuyer Closing Costs – A Complete Guide appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

Welcome to the December Kelowna Real Estate Market Report! After a strong rebound in October, November’s Single-Family Homes & Town Homes sales were more subdued, with condos standing out as the exception. Encouragingly, all major property categories posted year-over-year gains compared to November 2023, hopefully signalling the start of some steady long-term growth. One notable […] The post Kelowna Real Estate Market News Prices and Trends December 2024 appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

Are you thinking of Buying a Strata Property in BC? Purchasing a Condo or Townhome often means dealing with a Strata Corporation, which can seem a little daunting. Here are 15 critical questions you should consider to help you during your purchase. 1. What Are the Monthly Strata Fees? Strata fees fund the general property […] The post Buying Strata Property in BC? – Essential Questions to Ask appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

Welcome to my Guide to Buying Your First Home! We’ll go through things step by step so you’ll know what to expect. We’ll then examine some of the advantages and pitfalls of Buying now versus waiting until next Spring, together with the current Provincial and Federal government incentives available. Let’s dive in! Guide to Buying […] The post Guide to Buying Your First Home in Kelowna appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more

There are many dilemmas facing Real Estate Sellers in Kelowna at the moment. In this latest post, we will explore some of the difficult choices Sellers face and the Spring Real Estate Market Outlook. Current Dilemmas Facing Real Estate Sellers 1. Higher Inventory and Competition With around 1,350 active single-family home listings, 700 Condo Listings, […] The post Dilemmas Facing Real Estate Sellers Kelowna November 2024 appeared first on Kelowna Real Estate I Kelowna MLS For Sale ..read more