Inventory levels continue to rise in the Central Okanagan real estate market. The inventory level increases for each month from 2009 to 2010 are as follows:
January 2010 = 15.50% February 2010 = 23.65% March 2010 = 27.29%
April 2010 = 16.68% May 2010 = 9.61%
If new listings coming onto the market continue to increase ...
Posted by Jason Neumann
on June 22, 2010
There are a lot of misconceptions and misunderstandings when it comes to how the new HST or Harmonized Sales Tax in BC will affect real estate related purchases. The media in general has sensationalized the overall impact this blended tax will have on the BC Real Estate Industry. I have tried to address some of them in plain and straight to the point talk. Contact ...
Posted by Jason Neumann
on June 22, 2010
Are you tired and frustrated with researching a home to purchase in Kelowna or the Okanagan region? Looking for a better way to search out homes and stay on top of the local real estate market? Need some guidance as to the best areas, neighbourhoods, schools and nearby amenities? If you answered yes to any or all of these questions then you may want to consider signing up for ...
Posted by Jason Neumann
on June 21, 2010
After several years of anticipation and promise construction on the new Glenmore Bypass is nearly complete. The $11 million project began last summer and is hoped to relieve traffic and stress on a large residential segement of Glenmore Road. Starting this Wednesday, June 23 at noon the new alignment of Glenmore Road is scheduled to open to motorists and pathway users. ...
Posted by Jason Neumann
on June 21, 2010
A boil water notice has been issued for all residents within the Glenmore water service area. The affected neighbourhoods include the following: Wilden, Quail Ridge, UBCO, Dry Valley and Airport areas. The Kelowna International Airport terminal and McKinley Landing area have not affected by this recent notice. The Glenmore-Ellison Improvement District (G.E.I.D.) is stating ...
Posted by Jason Neumann
on June 19, 2010
Location:
15 minutes north of Kelowna and east of the Kelowna airport for easy accessibility. Two internationally renowned ski hills, Big White (Kelowna) and Silver Star (Vernon), are only a 45 minute drive away. Internationally acclaimed golf courses are with a 20 minute drive. Water sports and fishing are available in Okanagan Lake and several smaller lakes in the area.
10 ...
Posted by Jason Neumann
on May 28, 2010
The City of Kelowna's council is looking into adding two more off-leash dog parks within city limits.
After receiving the results of some successful trials and resident online feedback, council is now considering adding a space at Knox Mountain as a permanent off-leash park and a temporary off-leash space at the former KSS (Kelowna Senior Secondary) site at the corner of Harvey and ...
Posted by Jason Neumann
on May 28, 2010
Recently, the District of West Kelowna approved free yard and waste cart upgrades to any residents who want them. West Kelowna residents may upgrade from a 240 litre yard waste cart to 360 litre comes at no charge, still must pay the $10 yearly fee. For more information please visit the District of West Kelowna.
Sincerely,
Jason Neumann
Posted by Jason Neumann
on May 24, 2010
The Province Of British Columbia has awarded a $250,000 contract to resurface a two kilometre stretch of Big White Road north of Highway 33. The roadwork is scheduled to begin this summer and complete in September prior to the opening of the 2011 ski season.
The contract was awarded to Peter Bros. Construction Ltd. The much needed road repair is ...
Posted by Jason Neumann
on May 24, 2010
There are currently 83 active foreclosures (as of May 24,2010) amongst the entire listing inventory for the Central Okanagan. That is a 36% increase in the foreclosure inventory from last month.
The foreclosure inventory breakdown is as follows:
11 Lots and Acreages (Ranging in value from $39,500 to $1.75 Million)
0 Manufactured Homes currently ...
Posted by Jason Neumann
on May 8, 2010