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
The Central Okanagan foreclosure inventory levels continue to show steady increases from month to month as 2011 comes to a close. 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 ...
Posted by Jason Neumann
on November 28, 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
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
Century 21 Assurance Realty Ltd. is on the move...quite literally!
Location! Location! Location! You have heard it said many times before and where a brokerage decides to situate itself is no exception. Century 21 Assurance Realty Ltd. is moving to 251 Harvey Road which is literally across the bridge. I am very excited to see the renos completed and move into out new downtown location in ...
Posted by Jason Neumann
on September 2, 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
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
Below are photos taken of 260 Davie Road prior to renovations taking place...
Living Room:
Kitchen:
Dining Room:
Basement:
Posted by Jason Neumann
on July 25, 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