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Okanagan Lakeshore Flooding

Okanagan Lakeshore Flooding

Prepare For Flooding… AGAIN! Remember the flooding of 2017? Those who lived in the North Okanagan at that time sure do! Last year, Okanagan Lake rose to a level of 343.25m which was just shy of the all-time high water mark set in 1948 of 343.28m. This year the focus for flooding had been …

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April 2018 Real Estate Update – A Mixed Bag

April 2018 Real Estate Update – A Mixed Bag

April 2018 Real Estate Update – A Mixed Bag April 2018 Real Estate Update – In a statement from the Okanagan Mainline Real Estate Board, OMREB President Marv Beer indicated what many in the industry already knew – the market is down. However, April was up over March but down over April of 2017. …

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Okanagan/Shuswap Market Update – March 2018

Okanagan/Shuswap Market Update – March 2018

March A Mixed Bag In Latest Real Estate Market Update The residential sales and market update for the region of Revelstoke to Peachland was up in March, (25% over the previous month), yet it was a downward trend over last year (down 24%) during the same month according to the Okanagan Mainline Real Estate …

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BC Speculation Tax – North Okanagan Update

BC Speculation Tax – North Okanagan Update

BC Speculation Tax – North Okanagan Update April 4, 2018 The BC Government announced their proposed speculation tax just over a month ago in the now tabled BC Budget, and while there have been plenty of questions, there have been very few answers.  This has caused a lot of unnecessary anxiety in the market and …

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Revved Up For Spring In The North Okanagan

Revved Up For Spring In The North Okanagan

Get Revved Up for Spring In the Okanagan  By Rodney Shanks Finally, after a seemingly endless winter, spring has arrived in the Okanagan!  For some this means spring cleaning and house work. For motorcycle enthusiasts like myself though, it means its finally time to ride! Time to get the dirt bike out and go …

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When Will It Be Spring?

When Will It Be Spring?

By Craig Demetrick As I look out over our snow-covered fields across, the fertile Coldstream Valley, it appears to be just another dreary early February day, when winter starts to leave us, bringing the new life of spring to the Valley. But wait, it’s March 14 and the golf courses are supposed to be opening! …

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Moving To Vernon With A Dog?

I’m a dog lover, and chances are if you’re reading this, you are too! A dog can be the best companion. Dogs get us moving, socializing, laughing, loving and are a big part of any family. Especially when considering a change in where you live. If you’re new to the North Okanagan, or considering …

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BC Budget Impact To Real Estate In The North Okanagan

BC Budget Impact To Real Estate In The North Okanagan

Big changes to the real estate market in 2018 BC Budget The recently announced budget from the BC NDP government will have a dramatic impact on real estate, even in the North Okanagan, for both home owners and those wanting to purchase a home. Buyers and sellers in the North Okanagan did get some …

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What do tighter mortgage rules mean for the average buyer?

Tighter Federal Mortgage Regulations On January 1st we watched as Canadian rang in a New Year – and as the Federal Government rolled out its 7th round of mortgage tightening rules since 2008 (wow!). “Effective January 1, new federal mortgage tightening rules require borrowers with a down payment of 20% or more to face …

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Best wishes to you and your family!     

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