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An Award that Really Matters

This time of year we salespeople get awards for our sales achievement from the past year.  Awards are fun, but none of my friends that are carpenters, electrictians, nurses etc. get trophies for their great work but they sure deserve one. I AM very proud of this award that our Kelowna office received this year for being the 3rd top fundraising firm for Easter Seals in Canada - we're proud to ...

BC Govt. Announces up to $10,000 Tax Break for First Time Home Buyers

A new tax break for first-time buyers of new homes will help stimulate the construction industry and create plenty of new jobs, an industry executive said of Tuesday’s 2012 provincial budget. “This is welcome,” Greater Vancouver Home Builders’ Association president and chief executive officer Peter Simpson said of a temporary bonus for first-time homebuyers that will be effective ...

January 2012 Buyer's Survey Results For Kelowna And Central Okanagan Real Estate

Below is a recently released Buyers Agents survey by OMREB (Okanagan Mainline Real Estate Board).  A total of 119 real estate agents participated in this survey – representing 58% of the 207 OMREB sales representatives who acted as Buyers Agents and 40% of the 297 deals closed on behalf of Buyers in January. JANUARY SURVEY SUMMARY Property Type: 23.6% by First Time Buyers ...

January 2012 Buyers Survey Results For Kelowna And Central Okanagan Real Estate

Below is a recently released Buyers Agents survey by OMREB (Okanagan Mainline Real Estate Board).  A total of 119 real estate agents participated in this survey – representing 58% of the 207 OMREB sales representatives who acted as Buyers Agents and 40% of the 297 deals closed on behalf of Buyers in January. JANUARY SURVEY SUMMARY Property Type: 23.6% by First Time Buyers ...

Proposed new HST Transition Rules should boost new Okanagan home sales!

The BC Government has announced new Transition Rules for HST applicable to new home purchases in BC.  As they apply to the Okanagan, the two most important considerations are as follows: BCT HST credit on new homes of 5% previously applied only to homes priced up to $525,000.  It will now apply to all new homes priced up to $850,000, at which point the credit will cap at $42,500 and apply ...

Two steady housing years ahead: CMHC

By steve ladurantaye Globe and Mail Update Published Monday, Feb. 13, 2012 8:39AM EST Canada’s housing market has two good years ahead of it yet, Canada Mortgage and Housing Corp. said Monday, with low interest rates and a “moderately” expanding economy keeping price corrections at bay.   The Crown corporation – which insures Canadian ...

Two steady housing years ahead: CMHC

By steve ladurantaye Globe and Mail Update Published Monday, Feb. 13, 2012 8:39AM EST Canada’s housing market has two good years ahead of it yet, Canada Mortgage and Housing Corp. said Monday, with low interest rates and a “moderately” expanding economy keeping price corrections at bay.   The Crown corporation – which insures Canadian ...

Buyers Guide To Understanding Foreclosure And Court Ordered Sales In Kelowna And Okanagan

Foreclosure: A foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Court Ordered Sale: A Court Ordered Sale is the legal process where the BC Provincial Court is petitioned to approve ...

Would You Buy a Certified Pre-Owned Home?

Would you be more inclined to buy a home if it had already passed a full home inspection and came with a one year warranty? A new program to certify pre-owned homes has just been launched in the Central Okanagan. The first of its kind program in B.C.is modeled after a certification concept popular in the used car industry and is used by sellers who pay for the inspection before they sell their properties. ...

Kelowna Named Most Business Friendly City In BC

  The City of Kelowna was recently voted the most business friendly city in B.C. according to the Canadian Federation of Independent Business. The CFIB's Communities in Boom: Canada's Top Entrepreneurial Cities, compares 100 of Canada's large and mid-sized municipalities based on: the number of small businesses in a community, the degree of business optimism, and on the effectiveness ...
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