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
Here's what RBC had to say this week about the underway recovery and government yields.
Find the article here.
Bill
Bill Hubbard Broker, Owner of Century 21 Offices in the Okanagan. The Okanagan Real Estate Hub - Century 21 Vernon, BC
Posted by Bill Hubbard
on January 8, 2010
Here is a list of links that we hope will make it easier for you to sort thru the masses of information about real estate locally in the Okanagan and Shuswap as well as in Canada as a whole. These links are to information generated within the last week. We hope you find the information of interest.
Okangan & Shuswap Real Estate News
What Sold last week in Central Okanagan Real Estate (TheOkanaganRealEstateHub.com) ...
Posted by Bill Hubbard
on October 27, 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
Okanagan Real Estate News
What SOLD in North Okanagan real estate – Sept 20 (The OkanganRealEstateHub.com)
Okanagan Shuswap Inventory Watch (OkanaganMarketStats.com)
Canadian Real Estate News
The Bidding War is Back (Globe and Mail National) Low interest rates and one third less inventory has Vancouver buyers rushing for their chequebooks afraid to wait for “the perfect house.” ...
Posted by Bill Hubbard
on September 20, 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