Kelowna/West Kelowna and Central Okanagan Real Estate Stats - November 2011
Ratio of Sales vs. Total Inventory = 6.59%
Condo -- Sales = 52
Condo -- New Listings = 119
Condo -- Current Inventory = 851
Condo -- Sell/Inv. Ratio = 6.11%
Condo -- Days to Sell = 113
Average Price: $250,545
Average Median Price: $219,500
Townhouse -- Sales = 31
Townhouse ...
Posted by Jason Neumann
on December 6, 2011
Kelowna/West Kelowna and Central Okanagan Real Estate Stats - October 2011
Ratio of Sales vs. Total Inventory = 6.38%
Condo -- Sales = 50
Condo -- New Listings = 200
Condo -- Current Inventory = 889
Condo -- Sell/Inv. Ratio = 5.62%
Condo -- Days to Sell = 118
Average Price: $250,707
Average Median Price: $210,625
Townhouse -- Sales = 37
Townhouse ...
Posted by Jason Neumann
on November 29, 2011
You have heard enough of the promises, you simply want results! Selling your home in today's ever changing market calls for a Realtor with new and innovative ideas. It has been proven time and time again that to get maximum exposure for a listing, marketing through the Internet is critical. I truly believe in the power of Internet advertising and how it brings Buyers "out of the woodwork." ...
Posted by Jason Neumann
on October 11, 2011
(Pictured L to R - Elizabeth Martin, Mike Sandstra, Jacquie Chilliak and Jason Neumann)
Well another Century 21 Canada Conference has come and gone and let me tell you our Edmonton hosts did an amazing job with events like a Brewery Bash to kick things off and then an incredible wrap up event at The Art Gallery of Alberta with Vibe Tribe providing the evening's entertainment. ...
Posted by Jason Neumann
on September 27, 2011
Foreclosure: A foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).
Court Ordered Sale: A Court Ordered Sale is the legal process where the BC Provincial Court is petitioned to approve ...
Posted by Jason Neumann
on September 14, 2011
The Central Okanagan foreclosure inventory levels continue to show signs of steady increases from month to month in 2011. Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched how the local banks and lenders handle the foreclosure process the answer would have to be...no I don't. Reason being is banks ...
Posted by Jason Neumann
on August 29, 2011
Smarter...
Bolder...
Faster...
Posted by Jason Neumann
on August 28, 2011
Kelowna/West Kelowna and Central Okanagan Real Estate Stats - July 2011
Ratio of Sales vs. Total Inventory = 7.40%
Condo -- Sales = 76
Condo -- New Listings = 177
Condo -- Current Inventory = 993
Condo -- Sell/Inv. Ratio = 7.65%
Condo -- Days to Sell = 101
Average Price: $229,469
Average Median Price: $216,950
Townhouse -- Sales = 54
Townhouse ...
Posted by Jason Neumann
on August 28, 2011
The Central Okanagan foreclosure inventory is now starting to show signs of steady increases from month to month in 2011. The overall active foreclosure listings pale in comparison to the total inventory in the Central Okanagan which continues to be a good sign. Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched ...
Posted by Jason Neumann
on July 18, 2011
Average House Prices a Misleading Gauge of the Health of the Canadian Real Estate Market: CIBC
Recently an article appeared in CBC News about Canada's housing market bursting according to research consultant company Capital Economics. The report caused quite a swirl of opinions amongst home owners and those active in the real estate industry. Below is Benjamin Tal's (Deputy ...
Posted by Jason Neumann
on July 7, 2011