New Minimum Down Payment Rules
Posts tagged with: okanagan real estate
New Minimum Down Payment Rules
Down payment requirements are changing in Canada The housing market is booming in areas like Vancouver and Toronto. Rumors have been circulating for a few weeks but today Finance Minister Bill Morneau made his official announcement. In an effort to maintain a healthy and stable housing market there will be an increase to down payment [&hellip
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Okanagan Real Estate Market – November 2015
Wildly diverse Okanagan and Shuswap real estate markets Oil prices received a beating this year, but BC is experiencing a strong economy and housing demand in most (not all) BC communities has been strong. Rock bottom mortgage interest rates and vigorous population growth are providing a strong foundation and boosting confidence. Year-to-date, Okanagan Mainline Real [&hellip
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Winter 2015/2016 at Silver Star Mountain Resort
New for Winter 2015/2016 at Silver Star Mountain Resort! Did you hear about the new and exciting changes at Silver Star Mountain Resort? Here’s a summary. Check out the full details at www.skisilverstar.com 130+ acres of new terrain on the mountain including 90+ acres of new intermediate level terrain and 20+ acres of expert-level tree skiing. A [&hellip
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What Canadians Sacrifice To Afford Recreational Property
Canadians prefer vacation cottages to destination holidays Here’s some news, reports are showing renewed interest in recreational property by Canadians! Not only is the low Canadian dollar attractive to foreign buyers, but Canadians of all ages and from all regions are enthusiastic about spending time at the cottage, cabin or ski chalet. In the Recreational Property [&hellip
Read MoreOkanagan Real Estate Market – October 2015
Fall 2015 – A Disappointing Real Estate Market We are well into the fall market. Kelowna is having a record year. While we are still busy to the north in Vernon, the actual sales activity in the Okanagan-Shuswap is best described as ‘disappointing’. You might not know it from the news reports, but the North [&hellip
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Okanagan Housing Market – Summer 2015, Hot & Cold
It was a hot and busy summer! Nationally, Canadian real estate sales volume edged up 0.3% between July and August. Across the Okanagan and Shuswap we saw vastly more variation. After a vigorous run-up in sales volume (not price) during 2014 our North Okanagan market cooled this year, and then declined in August. Want more stats? The [&hellip
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Okanagan Realtor Receives Top Honour in Las Vegas
Priscilla Sookarow was one of six Canadians to receive the Luminary of Distinction award at the RE/MAX of Western Canada awards gala held in Las Vegas. Priscilla was presented with the real estate award. The award is based on her career accumulated production and more than 20 years as a sales associate with RE/MAX. Out of 100,000 current RE/MAX [&hellip
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