Rare oportunity three building lots in the Forest subdivision, Big White

Seller will trade to Kelowna house or Big White chalet or condo . 23,600 sq. feet. Last three building lots in the Forest subdivision. Two duplex lots and one single view chalet lot on front row. Seller will trade to Kelowna house or Big White chalet or condo . 23,600 sq. feet. Call 1-877-765-1577 or www.bigwhiterealestate.com
 
 
 
 

From February 2014 Newsletter: Best Buys, Court Sale updates, Population Growth

Best Buys Condos on the Lakeshore

Unit 216 Sunset Waterfront Resort-2 bed, 2 bath + den 1350 sq ft 2 parking stalls Spectacular unobsructed lake view $599,000 MLS®10070732   

 Unit 426 Discovery Bay Resort -2 bed, 2 bath 1202 sq ft 2 parking stalls $548,000 MLS®10069811 

Unit 409 Discovery Bay Resort -2 bed,2 bath 1031 sq ft 1 parking stall $363,500 MLS®10068017    

Unit 807 Skye Tower- 2 bed, 2 bath 970 sq ft 1 parking stall $439,900 MLS®10071566  

Unit 1108 Skye Tower- 2 bedm, 2 bath + den 1185 sq ft 1 parking stall $559,900 MLS®10073648

Best Buy condos on the golf course

Unit 1204 Pinnacle Pointe 2 bed, 2 ba 1176 sq ft $259,900  MLS®10060937 

Unit 1202 Pinnacle Pointe 2 bed, 2 ba + den 1277 sf $269,900 MLS®10061168        

Unit 1421 Pinnacle Pointe 2 bed, 2 bath 1334 sq ft $265,900 MLS®10074888 

     Court Sale Update      

                                                                      For Sale Now

Property Type                                           May 2013                             January 2014

Single Family                                                                 65                                                       39

Strata                                                                               76                                                       21 

Sold by Court Sale in 2013

155 single family homes and 51 strata properties

 

Sample Current Mortgage Rates from TD

Sample Current Mortgage rates from TD 

Population Growth Projection from 2010-2015*

Population Growth Projection to 2025

Source:BC Stats, Population Projection P.E.O.P.L.E. 35 (Accessed Mar 5, 2012)


104-769 KLO

Creekside Villas condo, recently updated 2 BD/ 2 BA has a fresh new look. New easy to care for laminate flooring. Fresh pain throughout. Maple wood kitchen, new light fixtures. In suite laundry, plenty of storage. In closed patio, perfect for personal garden. Outdoor Heated Salt water pool, exercise room, swirl pool & guest suite. Building located just across the street from shopping in the Mission Plaza & Pandosy Street, collage and Gyro Beach. This one of the best places in town to live. For more info call Jerry Dombrowky at 250/317-0432


Business Examiner article by Goody Niosi Oct/13 Part 1


Business Examiner article 10/13 by Goody Niosi Part 2


Steve MacNaull has this to say March 21 2013 (The Daily Courier)

Uncertainty is certain in housing market

Bert Chapman from Premier Canadian Properties in Kelowna says a certain amount of uncertainty is a certainty in the real estate market.

But one fact is reliable: All people in Canada want to be housed. So buy one for yourself or buy one and rent it out.

“Real Estate is the only investment that someone else buys for you,” said Chapman. “If you buy a house or condo and rent it to some fine tenants, in time they will pay for it. You will own it.”


Steve MacNaull has this to say April 2 2013 (The Daily Courier)

Don’t overprice your home

Home sales tend to fall into two categories, according to Kelowna realtor Bert Chapman of Premier Canadian Properties.

The first and most preferable is homes that are priced and marked well and sell within three weeks of being listed.

The second is homes that languish on the market and take months and months to sell because they are priced too high in this buyers’ market.

In his most recent newsletter, Chapman suggested sellers working with their realtor price the home competitively compared to what else is listed in Kelowna.

The listing also has to show up well in computer searches. These days, potential buyers use the Internet to do their preliminary research before contacing a realtor and going out to actually look at homes.

Maximum price is also a consideration in searches on MLS.ca (Multiple Listing Service) that potential buyers and realtors use.

Since the site searches by price, a seller who lists at $459,000 can miss out on potential buyers who are searching to a maximum of $450,000.

Chapman recommends considering listing for a little lower to get attention and showings and negotiate price from there.


Real Estate Board Activity last 7 days

Last 7 days OMREB Mar 19-28, 2013 

    Listed                           393
    Expired                          43
    Back on Market           23
    Price Reduction        186
    Price increase              16
    Sold                                131  
    Pending sale                 10

Year end sales price graph

O.M.R.E.B. Average Year Ends Residential Selling Price

This graph shows year end prices for the Central Okanagan from 1983-2012

 

 

 

 

 

 

 

 

 

 


Home Buyers Road Map

Planning to buy a home? Check out this ‘road map’ from the Canadian Real Estate Association for useful tips, then give us a call to get started:

Homebuyers_Road_Map_EN