With summer now well into full swing in the Okanagan visitors from all over the world are enjoying the many activities and amenities that this region is famous for! That however, has not translated into more demand for housing in Kelowna as the current real estate market has cooled by nearly 50% in sales over this time last year. Inventory levels continue to increase giving buyers more ...
Posted by Jason Neumann
on August 11, 2010
There are currently 82 active foreclosures (as of August 11,2010) amongst the entire listing inventory for the Central Okanagan. There are 5125 current active listings reporting at this time including the 82 foreclosure properties.
The foreclosure inventory breakdown is as follows:
8 Lots and Acreages (Ranging in value from $95,000 to $1.75 Million)
1 Manufactured ...
Posted by Jason Neumann
on August 11, 2010
If residents have to evacuate:
Take an emergency survival kit with you (ex. battery-operated radio, flashlight, water, food, warm clothing, etc.).
Make sure you take prescription medicine and identification for the entire family.
Listen to the radio and follow instructions from local emergency officials.
Shut off water, gas and electricity, but ONLY if instructed to do so.
Make arrangements ...
Posted by Jason Neumann
on August 10, 2010
Nearby Amenities:
Kelowna Crags/Boulderfields Climbing Area, Gillard Mountain Biking, Motor Biking Trails, Okanagan Provincial Park, Summerhill Pyramid Winery, St Hubertus Estate Winery, and Cedar Creek Estate Winery, Harvest Golf Course and of course Okanagan Lake beaches!
General Details:
GST/HST Paid
Cat five throughout the house
SMART wired for home automation
Security ...
Posted by Jason Neumann
on August 10, 2010
Easter Seals is sponsored on a national scale by Century 21 Canada. Locally, there is a camp in Winfield,BC located 15 minutes north of Kelowna,BC in Lake Country. Having personally visited this camp really has had a profound impact on my life. I take walking, talking and many other things for granted each and every day. At the Easter Seals Camp Winfield there are ...
Posted by Jason Neumann
on July 30, 2010
New listings rose 5.7% over last year at this time (1,186 compared to 1,122) but dropped 10.4% from last month (1,324), while inventory increased 5.8% over last June (to 5,793 from 5,475) and 4.1% since May (from 5,561).
Overall sales this month dropped 21.7% compared to June 2009 (to 346 from 442) and were down 8.2% compared to May (378). Total residential units sold decreased 23.8% ...
Posted by Jason Neumann
on July 25, 2010
There is a lot to see and do this coming Canada Day in Kelowna BC. Thousands of K-Towners are expected to head to Kelowna's downtown core again this year to celebrate being Canadian.
I have compiled a quick overview of scheduled events below:
10 am - 3 pm Model Sailboat Regatta
10 am - 11:30 am Citizenship Ceremony
10 am - 12 pm Apple ...
Posted by Jason Neumann
on June 30, 2010
Kelowna and area residents are getting ready to celebrate Canada Day this coming Thursday, July 1,2010.
In response to anticipated heavier downtown traffic Kelowna Regional Transit will run additional bus services starting 1/2 hour after the completion of the fireworks from the Queensway bus station.
Residents are being encouraged to "go green" and reduce the number of vehicles ...
Posted by Jason Neumann
on June 26, 2010
Current Active Central Okanagan MLS Listing Inventory as of June 22,2010:
Single Family Dwellings - 2354 properties including 8 pending offers ranging in value from $267,900 to $774,900
Strata - Condos - 1201 properties with 2 pending offers of $229,900 and $399,900 respectively
Strata - Townhomes - 563 properties with no ...
Posted by Jason Neumann
on June 23, 2010
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