Real estate Archives

First Real Estate Sale Over $1 Million Since 2008

9987 Cathedral Drive, Silver Star – SOLD FOR OVER $1 MILLION In the North Okanagan there were 4 real estate sales over $1 million dollars in November, 3 acreages and 1 home on Silver Star Mountain. This fully furnished, custom designed, half-duplex home on The Ridge offers premium ski in/out access and stunning Monashee Mountain views. One of [&hellip

Okanagan/Shuswap Real Estate Market – March/April 2017

Overall, sales volume reflects that we’re in the midst of a spring market in the Okanagan/Shuswap. However, we don’t have enough inventory to support typical real estate sales for a busy spring market. Real estate sales in March 2017 were up about 60% over February but are roughly on par with this time in 2016. [&hellip

Okanagan/Shuswap Real Estate Statistics – February/March 2017

Spring has been painfully slow to arrive in the Okanagan/Shuswap this year and so has the usually brisk spring real estate market. But we are seeing an increase in activity in the last few weeks so there is light ahead! Overall, real estate sales are 10% lower than the same time last year. Despite this, [&hellip

Okanagan/Shuswap Real Estate Statistics – Dec/Jan. 2017

Slow and steady, the North Okanagan and Shuswap real estate market cooled in December and January, returning to more ‘normal’ conditions. Listing activity is still weak and this lack of new inventory is keeping sale prices up. The phones were quiet over the holiday season, but many including our team were fighting that terrible flue [&hellip

CHMC Increasing Mortgage Insurance Premiums

CMHC Mortgage Insurance Premiums to increase… Canada Mortgage and Housing Corporation (CMHC) is increasing mortgage insurance premiums. The new CMHC rates will apply to any buyer applying for a CMHC insured mortgage as of March 17, 2017. Existing mortgages and renewals will not be impacted. CMHC reviews its rates annually.This increase has been sparked by [&hellip

Okanagan & Shuswap Rental Scams

Don’t be caught in a rental scam- Over the past 30+ years we’ve met a lot of amazing and hardworking people. It’s been a privilege to help those individuals with their real estate needs. We’ve also seen the real estate industry become the target of some pretty creative scammers. If you, or someone you know, [&hellip

Okanagan & Shuswap Real Estate Statistics – Nov/Dec. 2016

Season’s Greetings to you! At this time of year we like to pause in our busy schedules to send a heart-felt ‘thank you!’ to the amazing people we meet and have the privilege to work with every day. 2016 was a lively year for the Okanagan and Shuswap real estate markets. Sales activity during November [&hellip

BC Housing Action Plan – Home Partnership Program

The BC Provincial Government announces program to help first-time home buyers In the wake of rapidly rising real estate prices in 2016 the BC Provincial Government announced a province-wide program to support first time home buyers entering the real estate market. Starting January 16, 2017, the Province will partner with first time home buyers, providing [&hellip

Okanagan & Shuswap Real Estate Statistics – Oct/Nov 2016

2016 is winding down and the experts are starting to forecast what 2017 will look like for B.C.’s real estate market. Over the past month real estate sales slowed. A number of factors suggest we could be heading for a gradual downturn. BCREA suggests less robust economic conditions combined with government policy constraints will slow [&hellip

SILVER STAR – Open House! Dec 4th 11 – 3 PM

Open House December 4th, and you’re invited! Join us on Sunday, December 4th. We’re having an Open House at Silver Star Mountain Resort. Multiple homes. Find a ski-hill home that fits your lifestyle! Stop by our RE/MAX Office in the Silver Star Village between 11 – 3 PM. MOVE IN FOR THE 2016 SKI SEASON!

Posts tagged with: Real estate