You must welcome change as the rule but not as your ruler. Denis Waitley
When we examine the stats for October of 2011, if there is anything significant about the Real Estate market in the Okanagan /Shuswap, it is that there is nothing significant about it. Sales are constant. Prices are fairly constant. Absorption is fairly constant. Interest rates are fairly constant. From my perspective the reason ...
Posted by Bill Hubbard
on December 7, 2011
Even though the market is looking like it has settled and is not decreasing any longer, unfortunately, the number of foreclosures has increased and will probably continue to increase right into 2012. As you can see by the following graph almost 1 in 20 homes in 2011 were in foreclosure. That number has risen from one in 10,000 in 2008. As prices fall in any market place and mortgages are high, more ...
Posted by Bill Hubbard
on November 21, 2011
When looking at the market, people very often forget to discern from the micro and macro effects and trends. The local market has multiple forces pulling at it and no one force is responsible for the market. We have had rising interest rates and a falling market, and we have had falling interest rates and a falling market. The same logic holds true for the dollar, the government, what is happening ...
Posted by Bill Hubbard
on December 21, 2010
Yours in Development Commercial Real Estate
Bill
Bill Hubbard, Broker Owner Century 21 Executives Realty Ltd Vernon BC Broker Owner Century 21 Assurance Realty Ltd Kelowna BC
Commercial REALTOR®
TheOkanaganRealEstateHub.com
(250)549-2103 Office Reception
1-877-227-4073 Toll Free
Posted by Bill Hubbard
on March 5, 2010
Wonder what we've been up to at Century 21 with our website that has been gathering online attention? Have a look at this video to get an overview of how Century21.ca and its affiliated office and agent sites can help you in your search for online real estate information
Visit our office sites for Vernon BC and Kelowna BC and other Okanagan real estate properties for sale ...
Posted by Bill Hubbard
on October 22, 2009
Our team has sifted through this weeks information about real estate and the ecomony -and here are links to articles that may be of value to you as you consider your real estate path. Please feel free to contact us with your questions and comments about real estate - locally, nationally or globally.
Okanagan Real Estate Market News
North Okanagan Real Estate Market Activity (TheOkanaganRealEstateHub.com) ...
Posted by Bill Hubbard
on October 5, 2009
Here is a look at some of the information we found of interest this week that relates to real estate and the economy:
Okanagan Real Estate News
CLUE – August 2009 North Okanagan Market Report an overview of the residential real estate market activity in the North Okanagan Real Estate
Real Estate in the North Okanagan Trend Spotting - August 2007 – August 2009 a ...
Posted by Bill Hubbard
on September 13, 2009
Here is this month's North Okanagan real estate market update - our cool little update electronically to what happened in the various residential real estate property types. A rolling 2 year overview of North Okanagan residential real estate key market indicators is available on our website.
Residential
New Listings
149
Listings Sold
66 ...
Posted by Bill Hubbard
on September 11, 2009
Heading into the fall market, we are actively monitoring who is saying what about real estate and the economy on both sides of the border. Here is what we have uncovered through our various social media channels about who is saying what on both sides of the border:
North Okanagan 2 year rolling overview of Key market indicators
Commercial Real Estate News - September 2, 2009 a list of ...
Posted by Bill Hubbard
on September 3, 2009
Most people will not believe that. However, most people did not believe me when I said that the market is starting a correction in the last quarter of 2006 either.
The Real Estate Market is actually very predictable.
There are certain specific statistics that fluctuate with the market. Most of them change long before prices do.
First, we have the inventory. Even though I am an investment ...
Posted by Bill Hubbard
on April 30, 2009