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Agents applaud CMHC rule change for self-employed

by Jordan Maxwell   29 Jul 2015 Canadian investors who are self-employed and looking to claim rental income in order to qualify for a loan will have more freedom to do so come Sept. 28, something that agents with those clients applaud. “It will certainly help that segment of buyers because it’s well-known that it’s a challenge for those who are self-employed to qualify ...

Current Shuswap Okanagan Real Estate Market

Sales activity of all property types across the Okanagan Mainline Real Estate board are up 8% compared to the same YTD figures as last year. Except for prices, we are approaching overall market conditions of 2007. The average number of days to sell is down by 22 days compared to last year as well. The Shuswap leads the way again this month with the greatest increases of nearly 15%, followed by the ...

VERNON LOCAL FARMER'S MARKET

Don't miss out on all the wonderful fruits and vegetables that the sunny Okanagan Valley offers. Tons of fresh local fruits and vegetables, plus fish, honey, cakes and pies.  You can also enjoy the local music as you sip your coffee or apple juice.   click here for more info      http://www.vernonfarmersmarket.ca/

Listing Details are Imperative to Real Estate Sales

Whether your home sells and what it sells for is all about exposure. Real estate sales are like an auction. The more people at the auction the higher the prices are for each item sold. If your Realtor is not well trained to make sure all the right details are in your listing it could cost you money. Here are some examples. If you are selling an acreage that could be subdivided and your Realtor does ...

Dry Hot summer

Finally nice to see a bit of cooler weather.  Hopefully will help out the forest fires.  What a tremendous job those people do to keep our province safe!!!!

Loblaw Layoffs

Another retail Giant scaling down operations in Canada..Read more below..                                                               http://www.google.ca/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=1&cad=rja&uact=8&ved=0CB4QqQIwAGoVChMI_rum6I3yxgIV0aSICh3nbABz&url=http%3A%2F%2Fwww.cbc.ca%2Fnews%2Fbusiness%2Floblaw-closing-52-unprofitable-stores-over-next-12-months-1.3164578&ei=qVCxVb7DC9HJogTn2YGYBw&usg=AFQjCNGKd6mubryIDrDiNKd4duM5S_rh2g

Real Estate Investment Corner

A Real Estate Investor can do everything wrong and make a fortune and do everything right and lose their shirt. What is the deciding factor that can make so much difference? Timing. For instance, anyone who bought Real Estate in the Okanagan, Shuswap in 2002, even if they paid too much, and sold in 2007 would likely have made a very good return. Anyone who bought in 2007 and sold ...

Did you know that missing details can cost you money?

Whether your home sells and what it sells for is all about exposure. It's like an auction. The more people at the auction the higher the prices are for each item sold. If your Realtor is not well trained to make sure all the right details are in your listing it could cost you money. Here are some examples. If you are selling an acreage that could be subdivided and your Realtor does not advertise ...

Statistics Commentary for June of 2015

Home sales in the Okanagan Shuswap continue their strong showing in the recovery leg of the cycle. The overall average increase in year to date home sales is 8%. We are approaching 2007 levels of sales. For the second month in a row, the Shuswap leads the YTD increase in home sales at 13.6%, followed by the Central Okanagan at 12.93% and the North Okanagan as a reduction of 8.5%. At ...

Current Shuswap Okanagan Real Estate Market

Sales activity of all property types across the Okanagan Mainline Real Estate board are up 8% compared to the same YTD figures as last year. Except for prices, we are approaching overall market conditions of 2007. The average number of days to sell is down by 22 days compared to last year as well. The Shuswap leads the way again this month with the greatest increases of nearly 15%, followed by the ...