investment Archives

Big Assessements Won’t Turn Into Huge Property Tax Increase

Big 2022 Assessments Won’t Turn Into Huge Property Tax Increase Vernon, BC – North Okanagan residents were shocked to see the new 2022 BC Property Assessments come out and like many, we are all concerned that this would turn into huge property tax increases. However, that is not necessarily the case. Local assessments for property [&hellip

Mortgage Stress Test Changes – What You Need To Know

New Mortgage Stress Test Rules February 20, 2020 This coming April, the government will change the rules that cover mortgage lending. These changes should make it easier to qualify for a loan to buy a home. As of April 6, the so-called “stress test” for mortgages will be calculated in a new way. The stress [&hellip

Stress Test Impact On BC Home Sales

Stress Test Impact On BC Home Sales July 16, 2019 Was the B20 Mortgage Stress Test the main cause of home sales across Canada plummeting to start 2018? Were there other factors? The implementation of new federal and provincial housing policies designed to temper the hot BC housing market could have been a cause? Higher [&hellip

RBC Offering Great Mortgage Rates

RBC Offering Great Mortgage Rates April 9, 2019 Well, it finally looks like spring has sprung in the Okanagan and we hope that you are getting outside to take advantage of the beautiful weather. Now it’s your turn to take advantage of some great mortgage rates offered by the big banks! All signs are pointing [&hellip

Home Prices Up, Sales Slowed – October 2018

Home Prices Up, Sales Slowed – October 2018 Home prices have continued to rise month over month in the North Okanagan and Shuswap. There was a slight rise in September and another 3% rise again for single family homes again in October. However sales were down again month over month and new listings continued to [&hellip

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 caused [&hellip

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! The [&hellip

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 good [&hellip

Silver Star’s new high speed gondola!

We are thrilled! This is great news about Silver Star Moutain Resort that we are so pleased to share this Silver Star Mountain Resort press release: FOR IMMEDIATE RELEASE SilverStar Mountain Resort to begin work on new gondola VERNON, B.C. – June 13, 2017 – SilverStar Mountain Resort is excited to announce the major [&hellip

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