Kelowna Housing Market is Changing Many of the new changes to the housing market have happened within the few months. Buyers emerging real estate preferences have changed how we sell real estate and require thoughtful consideration when listing your home for sale. Timing is a critical factor in a successful home sale. Watch the inventory carefully. If you sell your home with nine other competing houses, you will need to be the best in show at a competitive price to get the buyer. Subtle changes make a difference in how well a home does as far as the sale price. Those “little things” add up to ..read more

    May 2022 Fixed Mortgage Rates are rising. The Fed is trying to curb the fast emerging recession, and one of the ways they do this is to raise all kinds of rates. Benchmark or Stress Test Rate: As of today's rates, the benchmark or stress test rate is still 5.25%. This is the rate you will have to qualify at, if you choose a variable rate mortgage. Currently you can get a variable rate mortgage for Prime (currently 3.2%) -1%. That means that your rate would be 2.2% (currently). IF you wanted a five year fixed rate, you would have to qualify at the HIGHER of, the benchmark rate OR ..read more

  You want the easiest home sale for the most amount of money. It's very  tempting to choose the Realtor who says your homes is worth the most. But all Kelowna REALTORS are accessing the same comparable properties and sales data so you need to work with someone who goes further.   We know home buyers begin their real estate search online. This is why we ensure your home is marketed where it will be seen, in a manner designed to highlight your property’s attributes and features. Creative marketing strategies keep our team ahead of the game in this unusual market.   At Canad ..read more

First Time Home Buyers Wading the waters of buying your first piece of Real Estate is confusing and daunting. The reason a Real Estate Professional is such a great resource, is because they have the experience, they know all the ins and outs and can guide you through the process. First Step: The first MOST important step to buying your first property, is the get PRE-QUALIFIED. You need to know how much you qualify for based on the following: How much of a down payment do you have access to? Some forms of down payment are 1. Gifted Down Payment - can come from your family, does not need to be ..read more

Receive the Latest Local Market Stats Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Get Local Market Reports Sent Directly to You You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and ju ..read more