Is it worth tying your home up for the next 3-5 years?
Trying to decide if you should list your property for sale now or try to rent it for 3-5 years (or more) until the market improves? The answer to which direction to go is not an easy one. Many prospective Sellers are finding that they are having to weigh their losses. In this market many sellers are finding they are selling for less then ...
Posted by Trever Florko
on December 13, 2011
So you think that you can not flip a house in this market? WRONG!
A home located at 1893 Glenhaven Crescent in Kelowna was sitting on the market for a great price 399k...it needed work but nothing too crazy. The sellers had started to reno the home and then due to some circumstances they decided that they did not want to finish the job so they decided to sell it at a probable loss... A savvy ...
Posted by Trever Florko
on August 31, 2011
I just signed up a deal on one of my listings at 98.42% of the asking price! This is an important lesson to Sellers. When there is so much inventory on the market it is wise to price your home aggressively. That could even translate to just under the 'fair market value.' I know when you hear things like that as a Seller you want to PUNCH your agent in the face but I am speaking from experience. I have ...
Posted by Trever Florko
on April 13, 2011
MEDIA RELEASE For Immediate Release: April 6, 2011
Housing Market Continues to Stabilize Moving into Spring
Kelowna, BC – The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported March 2011 sales activity of all MLS® property types improved over last month but dipped compared to sales reported at this time last year when buyers were spurred into the market early ...
Posted by Trever Florko
on April 13, 2011
July 2010 Real Estate Market Stats from the Okanagan Mainline Real Estate Board
Posted by Trever Florko
on August 5, 2010
HST - The full story from the Government of B.C. Canada.
What’s Taxable under the HST and What’s Not?
HST Basics
Posted by Trever Florko
on July 6, 2010
(Okanagan Real Estate Bord stats for June 2010)
Well...what can I say about the state of the market at the moment...its not very good. That about sums it up. We have the highest inventory levels EVER. That is right...we have never in the history of the Okanagan had more properties for sale. That combined with the fact that we are seeing the number of sales decline (they are down 20% from this time ...
Posted by Trever Florko
on July 6, 2010
When you get an 'offer' through OKHomesellers you must realize that unless the offer is in writing it is not an offer...I hear every day that someone 'said' they were going to 'buy my house' 'call me tomorrow' 'come for another look' 'buy my house in a month when they get some money for (this or that)' ...honestly what do you expect them to say about your home? 'I hate it' 'this home ...
Posted by Trever Florko
on July 5, 2010
I would like to take a moment to say "if you are not having many showings you are not alone." We are seeing a massive slow down across the board...reasons for this are thought to be because of the fact that we are in the summer (slow time)...once summer hits and weather is warm we traditionally see a slow down here in the Okanagan...you may be saying well the weather has not been too nice...that is ...
Posted by Trever Florko
on June 28, 2010