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We are proud supporters of the Children’s Miracle Network! When your listing with us sells, your home becomes a Miracle Home and we make a contribution to Children’s Miracle Network. All donations collected in province, stay in province! So our contributions directly help children & families in BC being treated at BC Children’s Hospital.

Tougher Rules for Insured Mortgages in Canada

Tougher Rules for Insured Mortgages in Canada October 6, 2016

This week Canada’s Finance Minister announced tougher qualifying rules for insured mortgages. As of October 17, 2016 insured buyers will qualify to borrow much less. Under the old rules, buyers could borrow more money because they could qualify for an insured mortgage using a full discounted rate for 5 years, provided they took the 5-year …

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Okanagan/Shuswap Housing Market – July/August 2016

Okanagan/Shuswap Housing Market – July/August 2016 September 1, 2016

The Okanagan/Shuswap real estate market moderated slightly in July compared to June. Fewer units sold and prices remained comparable as did days to sell but the market is still favoring the seller. The number of buyers coming to the region is higher than the number of new and active listings. Until we see some …

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EQUIFAX – New Credit Scoring System

EQUIFAX – New Credit Scoring System August 24, 2016

  Equifax has updated its scoring system. ‘Beacon 9.0’ is touted by Equifax as the industry’s ‘leading-edge scoring system. While it maintains consistency with prior scoring criteria, it now provides refinements. These refinements reflect changes in consumer lifestyle and the market. It’s a scoring system that more effectively evaluates new prospects. It predicts the …

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New Property Transfer Tax – B.C.’s Real Estate Market

New Property Transfer Tax – B.C.’s Real Estate Market July 28, 2016

As of August 2, 2016, any home purchased in Metro Vancouver by a foreign buyer will be subject to the Property Transfer Tax (PTT), a new 15% tax by the B.C. government. The tax legislation is part of the B.C. government’s efforts to relieve pressure on Metro Vancouver’s overheated residential real estate market, and address low …

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Retirement Celebration and a Fond Farewell

Retirement Celebration and a Fond Farewell July 27, 2016

A retirement celebration and a fond farewell to our dear friends, Al and Gloria Siemens! Al and Gloria joined Priscilla and Company more than 20 years ago. A power couple, always busy and always on the go! Tireless runners, they traveled every road in the Okanagan and Shuswap and put more than 170,000 kilometers …

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Okanagan/Shuswap Housing Market – May/June 2016

Okanagan/Shuswap Housing Market – May/June 2016 July 8, 2016

Breaking real estate records in the Okanagan-Shuswap! From Peachland to Revelstoke, we’re seeing rising prices and short turn-around times between listing and selling. Hard to believe a year ago the North Okanagan-Shuswap real estate market was slow. Nothing has been straight forward this past month. Multiple offer scenarios, complex negotiations, and tight timelines have …

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$4,837 for The Canadian Cancer Society!

$4,837 for The Canadian Cancer Society! June 17, 2016

The day was chilly and grey. The rain blew sideways… but it couldn’t dampen our spirits! A sincere thank you! With support from our friends the team at Priscilla and Company gratefully collected $4,837 in donations for the Canadian Cancer Society – Relay for Life. On June 11, 2016 we proudly cheered on our courageous cancer survivors …

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Okanagan/Shuswap Housing Market – April/May 2016

Okanagan/Shuswap Housing Market – April/May 2016 June 3, 2016

The real estate market is showing no signs of cooling. The BC Real Estate Association reports a 30% increase in real estate sales during April 2016 compared to April 2015. Peachland to Revelstoke, overall real estate sales of properties and homes in April 2016 climbed 40% – that’s 1,208 units compared to April 2015! …

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RE/MAX Brand Dominates the Okanagan Real Estate Market

RE/MAX Brand Dominates the Okanagan Real Estate Market May 10, 2016

   Whether you compare customer satisfaction, repeat and referral clients, properties sold, or share of active real estate listings, RE/MAX is your obvious choice. Here’s how your local real estate brands stack up! Locally In the Okanagan, RE/MAX is synonymous with success. RE/MAX Vernon consistently enjoys a 40%+ market share for listings and properties sold in the …

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Fort McMurray – Red Cross, Alberta Fires Appeal

Fort McMurray – Red Cross, Alberta Fires Appeal May 5, 2016

(May 10, 2016) NOTE: Since we wrote this blog, there has been a media update by Global News, the hard working fire and emergency crews were able to hold back the flames at key points, as much as 85 percent of the town of Fort McMurray remains intact! #YMMHeros Global News’ aerial footage of the Fort …

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