Townhomes continue to be the hottest segment of the real estate market in the Central Okanagan. There were 62 sales in September of 2009 compared to just 28 sales in September of 2008. That accounts for a 121.43% increase in sales year over year and an absorption rate of 12.53% of the overall townhome inventory. Essentially, at that rate of sales ...
Posted by Jason Neumann
on October 16, 2009
There are a total of 57 foreclosures amongst the entire listing inventory. That is an overall change of 1 listing to the total number of foreclosures from September,2009 to October,2009.
Current foreclosures of all Central Okanagan listings represent 1.28% of the total listing inventory!
The breakdown is as follows:
4 Lots ...
Posted by Jason Neumann
on October 13, 2009
Current listing inventory as of September 23,2009:
Single Family Dwellings - 2015 properties including 9 pending offers
Strata - Condos - 1159 properties including 8 pending offers
Strata - Townhomes - 480 properties including 7 pending offers
Manufactured Home - 228 including 3 pending offers
Lots/Acreages - 883 ...
Posted by Jason Neumann
on September 23, 2009
Current listing inventory as of August 28,2009:
Single Family Dwellings - 2091 properties including 12 pending offers
Strata - Condos - 1073 properties including 3 pending offers
Strata - Townhomes - 505 properties including 8 pending offers
Manufactured Home - 229 including 1 pending offers
Lots/Acreages - 937 ...
Posted by Jason Neumann
on August 28, 2009
There was much debate and even a vote as to what to name the former "Westside", "Wetsbank" of Kelowna and as a result the name "District of West Kelowna" was approved by the voting public! One thing that is still missing is a logo for the Okanagan's and BC's newest municipality. West Kelowna council now has a working logo (See Above Conceptual Logo) ...
Posted by Jason Neumann
on May 18, 2009
Current listing inventory as of May 2009:
Single Family Dwellings - 2076 properties including 15 pending offers
Strata - Condos - 1028 properties including 5 pending offers
Strata - Townhomes - 557 properties including 6 pending offers
Manufactured Home - 208 including 0 pending offers
Lots/Acreages - 740 properties including 5 ...
Posted by Jason Neumann
on May 9, 2009
A newly proposed noise bylaw at Big White Ski Resort could be quite things down locally at the popular ski resort. The Regional District of Kootenay Boundary must first have 10% of eligible voters at Big White fill out a alternate approval process ballot by March 23 and then the RDKB board of governors must decide is a referendum is necessary.
Having lived on the hill myself for ...
Posted by Jason Neumann
on March 8, 2009
I stopped by the RDCO website and checked it out for the new mapping system for myself and it certainly is an improvement over it's predecessor. I can see where consumers will benefit from the new map but as with all new product launches it still has some kinks to be worked out. As an agent I know I will make this site a part of my routine when looking up information on properties. ...
Posted by Jason Neumann
on January 23, 2009
For current foreclosure stats please visit: Okanagan Foreclosure Properties
Foreclosures are few and far between in the Central Okanagan today. The Kelowna Real Estate Market has returned to more of a balanced one with homes taking longer to sell and buyers have more selection. There are also a number of "Subject to Sale" deals where one home owner is waiting for another ...
Posted by Jason Neumann
on January 16, 2009
Kelowna City Hall
Glen Park IDA
KLO Super-Mart
Rutland Shoppers Drug Mart
Lakeview Market
Sunshine Market
Harvest Grocery
Two additional bags of garbage may be put out with the purchase of Garbage Tags.
If you live outside of Kelowna, additional tags can be purchased at:
Regional District Office at 1450 KLO Road
Mac's Convenience Store at Boucherie Road
Westside District Municipality ...
Posted by Jason Neumann
on January 9, 2009