Okanagan Real Estate Team - Tanis Read

2012-01-30T23:18:00.000-08:00

These are interesting times we live in. Record low interest rates continue with much discussion as to when or even if they will go up. Many even speculate that we could go the way of Japan - 20 years with basically no rate changes. Read more.......Interest Rates - will they or won't they?

Would you be willing to sell your home during the holidays?

2011-11-25T07:40:00.001-08:00

Amplify’d from realestate.aol.com

Should You List Your Home During the Holidays?

Should we keep our property on the real estate market or take it off?

Do we list now, wait until after the first of the year, or hold off until spring?

Buyers are always looking for properties online.
Read more at realestate.aol.com

See this Amp at http://amplify.com/u/a1iykq

Creative new home construction!

2011-11-14T13:05:00.001-08:00

Amplify’d from www.edmontonjournal.com

Couple retires in Rimbey home built from 30 steel shipping containers

The Glennon family's retirement home might just look like a stack of shipping containers of all different colours from the outside.

But once it's complete, it will be a sprawling, 5,000-square-foot, four-storey building - two levels above ground, a walkout basement and another level below - with four bedrooms, five bathrooms, a games and media room, garage and workshop, and two enclosed decks.
Read more at www.edmontonjournal.com

See this Amp at http://amplify.com/u/a1hzqn

What does your future look like?

2011-11-14T11:07:00.001-08:00

Looking to retire at 55,65 75? If you love what you're doing do you even want to retire.

Amplify’d from business.financialpost.com

The rise of the Boomer entrepreneur

Almost half (47.2%) of older Boomers aged 56 to 62 are at risk of outliving their savings, says the EBRI Retirement Rating. As Reuters reported this week, 31.4% of Americans 65 to 69 were still working in 2010, versus just 21% in 1990. Many are still in harness in their 70s: 18% of those aged 70 to 74 were still working in 2010, up from 11% in 1990.

Some view working till you die as the ultimate horror, but there are worse things than working past the arbitrary retirement age of 65. When Otto von Bismarck first set the pension age in 1880 at 65 in Germany, few lived that long, or if they did, they would draw a pension for only a few short years. Back then, it was perfectly normal to keep working till you dropped. If you couldn’t, then the first line of defence was the family: Most saw many children as an asset rather than a liability since it would increase the odds of one taking you in in old age, should you live that long.
Read more at business.financialpost.com

See this Amp at http://amplify.com/u/a1i0l8

Creative new home construction!

2011-11-14T07:11:00.001-08:00

Amplify’d from www.edmontonjournal.com

Couple retires in Rimbey home built from 30 steel shipping containers

The Glennon family's retirement home might just look like a stack of shipping containers of all different colours from the outside.

But once it's complete, it will be a sprawling, 5,000-square-foot, four-storey building - two levels above ground, a walkout basement and another level below - with four bedrooms, five bathrooms, a games and media room, garage and workshop, and two enclosed decks.
Read more at www.edmontonjournal.com

See this Amp at http://amplify.com/u/a1hzqn

Making every investment dollar count.

2011-11-06T11:16:00.001-08:00

Even though it is a Buyer's market, due diligence will pay off.

Amplify’d from www.theglobeandmail.com

Ten tips for getting a fair price on a home

Amy Fontinelle

Whether it's a buyer's market or a seller's market, all homebuyers have one thing in common: they don't want to get ripped off. But how do you know if you're getting a fair deal on the home you're prepared to place an offer on? Read on to find out how to evaluate the price of any home so you can make a sound investment decision.

See more at www.theglobeandmail.com

See this Amp at http://amplify.com/u/a1gz5v

Is now the time to buy your piece of paradise?

2011-10-03T10:03:00.001-07:00

Amplify’d from www.canadianrealestatemagazine.ca

Okanagan Valley: British Columbia's bubble-free real estate zone

A number of national studies have come out lately predicting drops of as high as 15% over two years or 25% over three years in national

A number of national studies have come out lately predicting drops of as high as 15% over two years or 25% over three years in national homes prices. But in the Okanagan Valley, the price correction occurred a few years ago and there's no bubble to burst. Average single-family home prices in the Okanagan region are back to where they were nearly five years ago.

There are now an increasing number of people who are discovering the area as Kelowna International Airport has extended a runway and is one of North America's fastest growing airports, serving 1.4 million passengers in 2010 from cities in Canada, the U.S., and Mexico.

Kelowna is also building a $4-million new senior centre, replacing the existing senior centre in downtown to make way for expansion of the Yacht Club.

"Like all the communities in the Okanagan, it's aware of the demographic that attracts people to the area - always strong for lifestyle and retirement," says Ash.

As the Chinese buyers have been buying luxury Vancouver homes, that's left a large number of former owners of those homes who are looking to buy as well. They either look to downsize and then include a vacation or investment home in the B.C. interior, or they look for a similar price point in the Okanagan Valley, such as a lakefront house.
Read more at www.canadianrealestatemagazine.ca

See this Amp at http://amplify.com/u/a1e2ax

Our lifestyles are changing - Boomers are you ready?

2011-08-26T13:01:00.001-07:00

Amplify’d from www.ottawacitizen.com

Growing old at home

By Patrick Langston, The Ottawa Citizen

OTTAWA — When Ian and Wendy Jackson moved into an adult-lifestyle bungalow in April they were thinking future tense.

The Jacksons, who felt a condo or apartment wouldn’t be large enough to accommodate overnight visits from their grandchildren, have decided to be proactive about staying in their own home as they age, a concept known as aging in place or aging at home.

It’s an example the rest of us boomers who are still tooling around our two-storey, maintenance-heavy houses would be wise to heed.

But there are two main problems: Many boomers are in denial about their greying hair, and home builders for the most part haven’t yet clambered on the aging-in-place bandwagon.
Read more at www.ottawacitizen.com

See this Amp at http://amplify.com/u/a1bwny

Lipstick never really looked very good on a pig anyway.

2011-08-26T12:25:00.001-07:00

Amplify’d from life.nationalpost.com

Posted Homes

Read more at life.nationalpost.com

Unsexy, but essential, repairs

Mike Holmes
Aug 25, 2011 – 1:11 AM ET
| Last Updated: Aug 18, 2011 6:48 PM ET

What did you think would happen? I know I’m going to sound like an old guy here, but I can’t believe how little common sense people seem to have these days. I’ve just turned 48 — not so old, really. But I’m amazed at how everyone just thinks about the “lipstick and mascara” when it comes to where they spend their renovation dollars. I’m seeing more and more people actually choose to ignore needed repairs on their homes and instead put their money on high-end finishes.

People just make the wrong choices. They make decisions based on appearance, not practicality or long-term benefit. We all fall prey to the “out of sight, out of mind” trap. We forget that home maintenance is an ongoing commitment. Being a homeowner isn’t just about planning on upgrading your home, and investing in improvements that will increase its market value. It’s about keeping a handle on your house through the seasons, and throughout the lifetime of your homeownership.
Read more at life.nationalpost.com

See this Amp at http://amplify.com/u/a1bwnf

Confidence coming back to the Calgary Real Estate Market

2011-08-25T15:47:00.001-07:00

It will be very interesting to see if this confidence will effect the Okanagan's second home -resort market.

Amplify’d from www.calgaryherald.com

Calgary luxury home sales surge 24% from last year

More confidence cited in upper-end market

By Mario Toneguzzi, Calgary Herald

CALGARY — Sales in the luxury home market have ballooned in Calgary this year.

“This could be a sign — although I don’t have any direct data to support this — that maybe some of the high wage jobs in Calgary have fared quite well over this (economic) recovery.”

“We have seen more sales in the last several months. We just see more confidence in the market,” said Sano Stante, president of the Calgary Real Estate Board. “More confidence in that upper-end.
Read more at www.calgaryherald.com

See this Amp at http://amplify.com/u/a1btt0

Cuts to RBC Variable Rate Mortgages - others to follow?

2011-08-23T08:59:00.001-07:00

Amplify’d from www.canadianmortgagetrends.com

August 23, 2011

RBC Signals That VRMs Too Costly

RBC, the nation’s biggest mortgage lender, has cut its variable rate discount by 0.20 percentage points. The change is effective tomorrow.

The takeaway, if you’re a consumer, is this: If you’re in the market for a variable rate, get a rate hold soon to be safe. While prime rate can always change, scores of lenders offer 90-180-day rate guarantees on the discount to prime rate.

Rob McLister, CMT
Read more at www.canadianmortgagetrends.com

See this Amp at http://amplify.com/u/a1br06

Another fantastic day in Kelowna!

2011-08-10T14:49:00.001-07:00

This Saturday, August 13th from 11am - 10pm

Downtown Kelowna comes alive with music, food and culture

Amplify’d from www.kelownafusionfestival.com

See more at www.kelownafusionfestival.com

Tambura Rasa will be headlining Downtown Kelowna Fusion Festival this Saturday, check them out in their promo video!

See more at www.kelownafusionfestival.com

See this Amp at http://amplify.com/u/a1ajl6

Looking for the perfect home away from home?

2011-08-09T13:46:00.001-07:00

Perhaps home exchanges are for you. Read on to see how one British Columbian family has traveled the globe.

Amplify’d from www.theglobeandmail.com

Swap your home to see the world for less

Over the past dozen years, my family has traded our cozy cottage in Victoria for apartments in Paris, Madrid, Lisbon and San Francisco. We've exchanged for a coffee plantation in Hawaii, a gated condo in Santa Fe, suburban homes outside Montreal and Grenada, old farmhouses in Tuscany and on the coast of France, and a sprawling estate in Aix-en-Provence.

Through our membership in InterVac (short for International Vacation, with a nominal membership fee of $129 a year), travel has become a bargain. It makes it easier to splurge elsewhere when you save by cooking your own meals. But more important, staying in a home provides insights into the culture you're visiting. With a house exchange, you're not in a hotel zone. You're in a real neighbourhood. Shopping for food and visiting local cafés and restaurants for a couple of weeks has an intimacy no hotel stay has matched.

See more at www.theglobeandmail.com

See this Amp at http://amplify.com/u/a1ag1v

Tax planning for the vacation home

2011-08-03T14:08:00.001-07:00

This applies to all vacation homes - best to plan ahead.

Amplify’d from www.montrealgazette.com

Planning for family cottage could help avoid hefty tax bill

For cottages owned for decades or extensively renovated, current market value in fact may be several times the original purchase price.

That means a hefty tax bill, eventually, since most cottages won't qualify for the principal-residence exemption, normally reserved for a family unit's main residence.

"If you've used the principal-residence exemption on homes you sold over the years, then by default, the cottage will be taxable (upon disposal). At some point, you'll have to pay the piper," said Christine Van Cauwenberghe, a tax expert with Investors Group.
Read more at www.montrealgazette.com

See this Amp at http://amplify.com/u/a1a8aw

BC's record high taxes stifle our economy

2011-08-03T07:54:00.001-07:00

I have long wondered why we sit back and grumble about some of these taxes - particularly the PPT, but shrug it off with " that's government". This tax is an even harder pill to swallow than HST when it comes to buying a house. Make sure that you take time to write your MLA.

Amplify’d from www.vancouversun.com

Scrap the property transfer tax

B.C. residents, burdened by ‘extreme’ housing prices, are squeezed out of an additional $20,000 by the taxman

By Maureen Enser, Special to The Vancouver Sun
August 2, 2011

A major benefit for the economy from the elimination of the PTT would be the creation of 9,000 full-time jobs.

Photograph by: Norm Betts, Vancouver Sun Bloomberg

The urban development industry contends that eliminating the PTT on new homes is likely to stimulate the construction of about 2,200 new homes annually. The simple economics of supply and demand dictate such a move would place downward pressure on spiralling house prices, not to mention saving homebuyers an average $7,000 directly on the purchase.
Read more at www.vancouversun.com

See this Amp at http://amplify.com/u/a1a7yv

Things to think about - First time home buyers.

2011-08-02T12:15:00.001-07:00

Amplify’d from www.theglobeandmail.com

Five smart steps every new homeowner should take

Don't be one of those people; take a few moments to ponder these five practical concerns that will help ensure that your first home becomes the place of luxury and financial freedom you've anticipated.

Turning the key in a lock that no landlord has access to, reading in a hammock in your own backyard and painting your dining room bright red - what could be more exciting than making the leap from renter to first-time homeowner? Getting swept up in all the excitement is a wonderful feeling, but some first-time homeowners lose their heads and make mistakes that can jeopardize everything they've worked so hard to earn.
Read more at www.theglobeandmail.com

See this Amp at http://amplify.com/u/a1a6zt

What are your favorite things about the Okanagan?

2011-07-31T10:51:00.001-07:00

Amplify’d from www.ottawacitizen.com

The AWE-inspiring Okanagan

The Top 10 reasons it will take your breath away

When I told friends I was going to the Okanagan for my summer holiday, I was surprised that most didn't seem to know much about it. Though I took a direct flight from Ottawa to Kelowna, B.C., the largest Okanagan city doesn't seem to be on the radar for many here in Ottawa.

And then it struck me: while the Okanagan is a familiar playground to those in B.C. and Alberta, it is largely undiscovered by Ontarians.
Read more at www.ottawacitizen.com

See this Amp at http://amplify.com/u/a1a240

How are your people skills?

2011-07-20T07:41:00.001-07:00

Amplify’d from www.cracked.com

5 Reasons We Need Classes on How to Talk to People

It turns out a growing number of med schools are starting to test applicants' social and interpersonal skills in addition to looking at their grades, test scores and number of useless clubs joined.

People are always going on about how America is falling behind in education, by which they mean math and science and spleling and al that crapp no one ever usses. But what about social skills? How to talk to people, how to deal with disagreements, what types of people to check for in a room before telling a dirty joke -- where are those classes?

"Oh, people don't need a class for that," you might say. "We just naturally pick that up. Unless we are autistic." Maybe that used to be the case. But now ...
Read more at www.cracked.com

See this Amp at http://amplify.com/u/a18ox2

BOC keeps key interest rate ate 1%

2011-07-19T07:04:00.001-07:00

Amplify’d from www.cbc.ca

updatedBank of Canada keeps key interest rate at 1%

The Bank of Canada has kept its bench-mark overnight interest rate steady at one per cent, saying the need to keep the country's economy growing amid the U.S. and European debt crises outweighs the need to slam the brakes on inflation.

Economic growth — something central bankers are trained to generally ignore — began pushing out concerns over rising prices in the bank's thinking, experts said.

Still, many economists believe the Bank of Canada will boost interest rates towards the end of 2011 as long as the Canadian economy keeps to its current decent GDP growth path.

RBC Economics, for example, currently predicts that Canada's economy will grow at a 3.2 per cent clip in 2011, equal to the growth rate for 2010.
Read more at www.cbc.ca

See this Amp at http://amplify.com/u/a18jrv

Is the time right to buy Real Estate in the Okanagan?

2011-07-06T12:45:00.001-07:00

Having been fortunate enough to be dealing with overseas buyers this month who have previously been looking to buy in the Okanagan, I can say that they are pleasantly surprised by the current Real Estate prices and have bought a home they couldn't have hoped to afford 3 years ago. Low prices, low interest rates with possible increases on the horizon and good inventory - it is still a buyer's market.

Amplify’d from hqkelowna.com

Kelowna Has No Housing Bubble to Burst

July 5, 2011

The Okanagan Mainline Real Estate Board says the Central Okanagan is ahead of the rest of Canada, with local housing prices having already taken the big drop predicted across the country.
Read more at hqkelowna.com

See this Amp at http://amplify.com/u/a16ued

Positive news even if it means returning to normal.

2011-07-06T07:35:00.001-07:00

Taking a drive around Kelowna and Westbank confirms the articles information regarding commercial construction. There are many more projects waiting on the sidelines for signs of economic stability before proceeding. We are aware of sales of land at the Airport Business Park in Kelowna where the purchasers intention is to proceed sooner rather than later. Currently my commercial office building and land on Jim Bailey road is receiving much more interest than in the past 2 years. Sign of things to come?

Amplify’d from www.cbc.ca

Building permits spike 21% in May

The Canadian Press

Posted:

Jul 6, 2011 9:01 AM ET

Last Updated:

Jul 6, 2011 9:01 AM ET

Read 1 comments1

Back to accessibility links

The value of building permits rose 20.9 per cent to $6.4 billion in May after a 21.5 per cent decline in April.

Permits in the non-residential sector rose 50.9 per cent to $2.7 billion after two consecutive monthly declines.
Read more at www.cbc.ca

See this Amp at http://amplify.com/u/a16tl6

A very important read before purchasing in a development!

2011-06-27T12:30:00.001-07:00

Amplify’d from www.lawyersweekly.ca

SCC clarifies real estate disclosure standards

In assessing materiality, a court must look at the information that was disclosed to investors at the time they made their investment decision. Then the court must consider the omitted information against the backdrop of what was disclosed. In other words, information is material if there is a substantial likelihood that it would have been, rather than might have been, considered important by a reasonable investor in making his decision to invest. That’s an important distinction, notes Lewis, as it raises the standard from a “might test to a would test.”

“Purchasers are going to have to face the fact that, absent a common sense inference, they are going to have to go to trial and have substantial evidence, which is going to be more expensive,” said Lewis. “It’s going to limit the circumstances where people are more readily willing to go to court. It’s going to make purchasers more cautious about trying to escape their obligations as purchasers for more trivial reasons.”

Faced with a flurry of lawsuits over pre-sale contracts in the past few years, real estate developers in B.C. have welcomed a recent ruling by the nation’s highest court that provides a common law test for materiality, confirms that companies are not required to provide unlimited disclosure to investors or purchasers and increases the burden on purchasers alleging disclosure misrepresentation.
Read more at www.lawyersweekly.ca

See this Amp at http://amplify.com/u/a165sy

2011-06-25T14:52:00.001-07:00

Absolutely nothing about Real Estate but I had to share this. A day counting bear cubs in Algonquin Park.

http://www.youtube.com/watch_popup?v=vJRDpTUIrJI&vq=medium http://amplify.com/u/a15yrf

An interesting report on a cross section of data.

2011-06-22T22:09:00.001-07:00

Amplify’d from www.troymedia.com

BC economic snapshot for June 17, 2011

VANCOUVER, BC, June 18, 2011/ Troy Media/ – Residential MLS home sales in British Columbia edged down 1.3 per cent in May following a sharp decline in April. Seasonally-adjusted sales dipped to 6,120 units during the month, representing the lowest monthly sales activity since October as half of the province’s 12 regional real estate board areas recorded declines from the previous month.

Meanwhile, seasonally-adjusted sales in Victoria fell for a fourth month, dropping 10 per cent in May. Sales gains in the Kamloops, Fraser Valley and Okanagan-Mainline board areas provided some offset.
Read more at www.troymedia.com

See this Amp at http://amplify.com/u/a15qta

CMHC Survey shows homebuyers taking time to plan

2011-06-22T07:10:00.001-07:00

Amplify’d from www.cmhc-schl.gc.ca

OTTAWA, ON, June 22, 2011 — Canada Mortgage and Housing Corporation (CMHC) released its 2011 Mortgage Consumer Survey today providing insight into the attitudes and behaviours of Canadian mortgage consumers.

Results also showed that Canadians take, on average, 11 months to plan their purchase while the majority of homebuyers (88%) indicated they had a good sense of how much mortgage they could afford before purchasing a home.
Read more at www.cmhc-schl.gc.ca

See this Amp at http://amplify.com/u/a15pse

Looking for a Real Estate foreclosure?

2011-06-14T12:46:00.001-07:00

Before you jump in - make sure you know the facts.

Amplify’d from www.theglobeandmail.com

The pitfalls of buying a foreclosure house

Amy Fontinelle

Investopedia.com

Buying a foreclosure (FCL) is often touted as a way for both owner-occupants and investors to get a great deal on a property. However, the potential financial rewards of buying a foreclosure don't come without their share of hard work and headaches. Read on to learn about the problems these properties commonly possess and the difficulties you may encounter in purchasing one. (To learn more, read Foreclosure Investing Not A Get-Rich-Quick Venture.)

See more at www.theglobeandmail.com

See this Amp at http://amplify.com/u/a1549k

A record 1174 UBC-O graduates in class of 2011

2011-06-10T08:59:00.001-07:00

Amplify’d from www.castanet.net

UBC-O graduates largest class

Brad Bennett’s passion for his province and his university drove him to achieve success as a business leader and community builder. Upon being conferred with an honorary doctor of laws degree at the University of British Columbia’s Okanagan campus Convocation ceremonies, Bennett said he accepts the recognition with a profound sense of humility.

“I know the passion of trying to do the right thing for the right reason,” Bennett told graduates who are among a record 1,174 students are receiving degrees in five ceremonies over two days. “I want to leave you with an idea of how I set my own moral compass and what drives me to what I do in life.”

Kelowna
Read more at www.castanet.net

See this Amp at http://amplify.com/u/a14use

Canada's vacancy rate decreases but in Kelowna?

2011-06-09T08:26:00.001-07:00

With Kelowna having one of the higher rental vacancy rates there is plenty to choose from. Good news for returning UBC Okanagan students.

Amplify’d from www.cmhc-schl.gc.ca

Canada’s Rental Vacancy Rate Decreases

OTTAWA, June 9, 2011 — The average rental apartment vacancy rate in Canada's 35 major centres¹ decreased slightly to 2.5 per cent in April 2011, from 2.9 per cent in April 2010, according to the spring Rental Market Survey² released today by Canada Mortgage and Housing Corporation (CMHC).
Read more at www.cmhc-schl.gc.ca

See this Amp at http://amplify.com/u/a14srj

Will downsizing Boomers change urban housing for the better?

2011-06-01T18:50:00.001-07:00

Journalist Gary Mason offers a few thoughts in an article in The Globe and Mail.

Amplify’d from allaboutcities.ca

As the baby boomers exit the single-family housing market in cities, what will happen to prices and neighbourhoods?

In a 2008 paper co-written with Sung Ho Ryu, Prof. Dowell Myers said communities in the United States face a historic tipping point. The ratio of seniors to working-age residents is expected to grow by roughly 30 per cent in each of the next two decades, the pair calculated….
Read more at allaboutcities.ca

See this Amp at http://amplify.com/u/a14aha

Mortgage rates going down?

2011-05-31T07:41:00.001-07:00

Amplify’d from www.bankofcanada.ca

Bank of Canada maintains overnight rate target at 1 per cent

The global economic recovery is proceeding broadly as expected in the Bank’s April Monetary Policy Report (MPR). The U.S. economy continues to grow at a modest pace, limited by the consolidation of household balance sheets. Growth in Europe is maintaining momentum, although the risks related to peripheral economies have increased. The disasters that struck Japan in March are severely affecting its economic activity and causing temporary supply chain disruptions in advanced economies. Commodity prices have declined recently but are expected to remain at elevated levels, supported by tight global supply and very strong demand from emerging markets. These high prices, combined with persistent excess demand conditions in major emerging-market economies, are contributing to broader global inflationary pressures. Despite the challenges that weigh on the global outlook, financial conditions remain very stimulative.
Read more at www.bankofcanada.ca

See this Amp at http://amplify.com/u/a145ke

2011-05-31T07:24:00.001-07:00

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. http://amplify.com/u/a145g2

Do you have the Entreprenurial bug?

2011-05-27T13:57:00.001-07:00

If you live in the Okanagan then without a doubt you are an entrepreneur, work for an entrepreneur or do business with an entrepreneur.

Those adventurous, ambitious people who are proud to say I had an idea and I put it to work.

Amplify’d from www.theglobeandmail.com

Canada among top three countries for entrepreneurs

A new survey suggests Canada is one of the top three places in the world to start a business, with a culture that admires its entrepreneurs and the risks that they take.
Read more at www.theglobeandmail.com

See this Amp at http://amplify.com/u/a13zly

Have you been putting off buying until we hit bottom?

2011-05-25T14:11:00.001-07:00

There is certainly a lot of buzz in the media speculating when we will hit the bottom of the market in the Okanagan.

Trying to pick the bottom or top of any market is at best an educated guess but how many of us are still kicking ourselves for not purchasing waterfront property when it was out of favor?

Amplify’d from www.vancouversun.com

Okanagan a bargain, but it won’t last long

By Alison Appelbe, Postmedia News

If you’re on the lookout for a bargain property, the Okanagan may be your best bet.

But be quick. Because the real-estate scene in this hugely varied destination — from Shuswap Lake in the north, through the major ski resorts and urban Kelowna, to the lakefronts and vineyards of the Central Okanagan and south to desert-dry Osoyoos — is on the mend.
Read more at www.vancouversun.com

See this Amp at http://amplify.com/u/a13vxc

Cooler weather means greener golf courses.

2011-05-24T18:08:00.001-07:00

While we fortunate residents of the Okanagan already know about the fantastic golf, it's nice to see our friends at the Calgary Sun promoting our Valley's growing number of world class golf courses.

Just one more reason to be buying your Okanagan retirement or vacation home while the market is ripe for buyers.

Amplify’d from www.calgarysun.com

A-OK in the Okanagan

0

Wes Gilbertson, Calgary Sun

The Okanagan’s only island green resides at Kelowna’s Black Mountain — the 372-yard No. 5 hole.

With a long-standing reputation as the fruit capital of Canada, it’s easy to forget Kelowna — the centrepiece of B.C.’s Okanagan region — has been growing great golf courses, too.
Read more at www.calgarysun.com

See this Amp at http://amplify.com/u/a13us7

The challenges of Downsizing

2011-05-14T10:53:00.001-07:00

One of my biggest challenges is without a doubt finding enough appropriate housing product to satisfy the needs of my "Boomer" clients.

It is a fairly simple formula. Easy access, main floor living with main floor laundry, master bed and bath. Open enough floor plan that should the need arise for mobility aids there is space for the walker or other support.

Safety, Security and ammenities close by.

Sounds simple - right?

Amplify’d from urbanworkbench.com

Boomer Housing Denial

A recent AARP study, for example, found a massive disconnect between perceptions of aging and its reality. The vast majority of people surveyed expressed optimism that they would not only be in good physical health in their later years, but that they would always be able to drive.
Read more at urbanworkbench.com

See this Amp at http://amplify.com/u/a12oql

Canadian's attacking mortgage debt.

2011-05-13T17:14:00.001-07:00

Are you like most of my clients ?

Reviewing all mortgage re-payment options and putting a plan of action into place.

Amplify’d from propertywire.ca

Canadian mortgage holders are aggressively attacking their debt, by way of pre-payment options, lump sum payments, increasing monthly payments as well as reducing amortizations.

According to CAAMP, this is reflective of “confidence and financial flexibility in a stable mortgage environment.”

Canadians are reaping the rewards of tactical, responsible debt management- at least when it comes to their mortgages, according to CAAMP’s Spring Market Report.
Read more at propertywire.ca

See this Amp at http://amplify.com/u/a12mn7

Do you have a goal to pay down a mortgage?

2011-05-13T16:48:00.001-07:00

If you're like many Canadians you've been bombarded with media articles talking about paying down our debt sooner than later. Well it looks like the message is getting heard.

What kind of sacrifices are you making in order to achieve this goal - I'd love to hear your strategies.

Enjoy the weekend,

Tanis

Amplify’d from propertywire.ca

Canadians Looking For Ways To Pay Mortgages Faster, Scotiabank

Canadians would like nothing more than to be rid of their mortgage debt, according to a new poll released by Scotiabank.
Read more at propertywire.ca

See this Amp at http://amplify.com/u/a12mlc

101 3155 Reimche Road, Lake Country

2011-05-11T08:01:00.000-07:00

Woodcreek Lane is a 21 unit townhouse complex nestled adjacent to Vernon Creek in a natural, private setting just a 5 minute walk to transit, Wood Lake and parks.

This bright and spacious ground level entry semi-detached home (end unit) has 3 beds and 3 baths with over 2000 sq ft. Upper floor has 2 beds, 2 baths, laundry, lots of large view windows, 9 ft. ceilings, great room concept with a bright island kitchen area and access to a covered deck.

The large master includes luxurious ensuite with soaker tub, separate shower and tiled flooring. The ground floor entry level includes a second laundry, large bedroom, bright and spacious family room with separate entry and private deck.

Stainless appliances, Hunter Douglas wood blinds, tiled back splashes complete this exceptional home. Lightly lived in less than 2 years old with NO HST. Attached 2 car garage and plenty of street parking.

Lakes, ski hills, golf, the Kelowna International Airport, and UBC Okanagan all at your backdoor.

Call Tanis for a private showing or more information.
(250) 215 2121
www.OkanaganRealEstateTeam.com.

How Consumers Should Weigh Up The Risks Before Going It Alone In Real Estate

2011-05-02T08:56:00.000-07:00

Canadians are increasingly growing an appetite for doing things themselves- whether to save money or be self-sufficient. The world is evolving in such a way as to make it easier for Canadians to take matters into their own hands; there is software to do your taxes; online tools for travel arrangements and even online shopping, and the list of self-serve products and services grows.
One place that this “hands-on management” is extremely prevalent in Canada is in the Real Estate Industry. Changes to the MLS mean that, in theory, the business of selling houses is wide open. But just because you can do it all alone, does it mean you should?

Selling a home is more than marketing and salesmanship. There is documentation, contracts, transferring of property and funds- all of which require singular interests to be sought out and protected. Typically, knowledge is power, but in this instance, is it really empowerment, or a dangerous case of a little bit of knowledge where a lot of expertise is ultimately required?
Like any major undertaking, perhaps the greatest risks are the ones you don’t know about. The business of selling and buying properties is no place to rush in blindly.
Ready willing and able, but capable?
Lending credence to the suggestion that Canadian consumers may possess more enthusiasm than expertise as they decide to sell their own homes, a poll recently conducted by TitlePLUS/LawPRO suggests that an overwhelming majority (97%) of those Canadians who chose to sell or buy their own homes were aware of MLS, how it worked- and ultimately, probably of the tremendous value of the tool from a marketing standpoint.
But shockingly, a minute portion of that same group- only 11%- were able to translate what the changes to the MLS meant to the process of selling or buying a home privately.
And perhaps most telling of all, 45% indicated that they would “now consider using a real estate lawyer and selling privately rather than using a real estate agent.“
"What these findings show us is that there is an appetite among Canadians to conduct the sale of their home privately," says Ray Leclair, vice-president, TitlePLUS. "But buyers and sellers alike need to recognize the limitations of going it completely alone because of the intricacies of the often perceived common transaction. Consulting with a real estate lawyer early on in the process can ensure that consumers' interests are protected and that they are armed with the most up-to-date information available."
Don’t bite off more than you can chew
Regardless of motivation to sell privately or not- it is the sheer size of the transaction within one’s financial portfolio- that should be reason to pause and fully take stock.
In taking on something so financially substantial- there comes an inherent presence of risk- and that is why, at the very least, the transactional component of sales process cannot be left to amateurs. Risk, however, can be mitigated by education and access to information.
Leclair says that size does matter. And that you need tools- or support- to eliminate problems before they even begin. “Because this is one of the largest, and therefore riskiest, financial decisions many people will ever make, Canadians should seek expert advice early on in the process in order to ensure that they have access to all the necessary information in a timely fashion.”
“Real estate, although often perceived to be a common transaction, is a very involved and a problem-prone process. The TitlePLUS program has advocated for years that a person should have all the information about the property and the real estate process before committing themselves to a deal, in order to make informed decisions and properly protect themselves. This becomes more crucial if someone is considering proceeding with a private sale. “
Leclair, then is not necessarily advocating the type of service- he is advocating for advice- and for its’ place in due diligence- which is a consumer’s best ally in protecting their interests- private sale or not. “We are not advocating any one option, but simply encouraging anyone interested in buying or selling to educate consumers to do so and protect their interests is to consult a real estate lawyer early in the process to better understand their options and the ramifications of choosing one over the other; to then properly plan for the exercise.”
Like so many things in Real Estate, it comes down to strategy- and to the execution of it; “The success of a real estate transaction increases when it is well planned, the potential issues are identified and provided for and the proper parties are brought in when required.”
Weigh all the facts
Seemingly, the motivations of selling privately are largely financial- but the risks of doing the entire transaction on your own are substantial. If all the facts are not considered, then there remains the possibility that you may ending up losing money through carrying costs and through other avenues- which outweighs the savings made on commission.
There is the possibility that a private seller may luck into a sale immediately, and save not only lots of money on commissions, but also save money on carrying costs.
In this environment, luck must be contrived, not hoped for. In order to mitigate risk, a private seller must understand everything right from the get go- even if they end up selling privately; they must understand all scenarios- and that involves understanding all the variables, whether though consultation at the beginning of the process with a Real Estate Lawyer- or with a Realtor.
Cathy Mudge, Sales Representative, Royal LePage 1st London Real Estate Services, Brokerage has had the opportunity to provide service to several clients who have first tried the FSBO route, but had little luck.
She reminds that she does not get paid unless she is successful in completing a sale- and for her, the successful sale comes about in providing end-to-end service.
“As a realtor, working on a contingency basis, I don't get paid until I am able to execute a successful sale. So I'm investing time and money into education, insurance, technology, security systems, marketing tools, relationships, meeting with buyers, pre qualifying buyers, educating buyers, showing properties, building relationships with other buyer realtors, lawyers, moving services, home stagers, mortgage lenders, upgrading contract skills and resources, negotiating, advising, researching market trends and sales, and so much more, so I can provide valuable service and protection to my clients, while seeing them through to the very end so they can realize a successful sale, and purchase of their next home.”
In her experience as well, there are instances that owners could have benefitted from advice, before they even started the process- case in point- her clients. Mudge worries about sellers who are lured in based on commissions savings only, and who don’t weight everything equally. “Unfortunately there is a lot of misinformation out there. These FSBO companies perpetuate the myths, and prey on unsuspecting sellers who think that by paying a FSBO company hundreds (sometimes thousands) of dollars up front, they will still have a successful sale, and save thousands that would otherwise be paid to a realtor after the sale is complete.”
Again, best decisions are made by having all the facts in front of you.
Is handing the reins over losing control?
For consumers, sometimes it just makes sense to take control ultimately by handing off the process to someone else. Lesley Kelly, after consideration of all the possibilities, still elected to use a Realtor- because it fit best with her needs; ”Despite having a positive experience purchasing our new home through a private sale, we felt that it was very important to use the services of a realtor for the sale of our current home. As busy, full time working professionals and parents, we didn’t feel that we had the time to devote to adequately promoting our own home. We also felt that there was a network of resources which are still primarily available only to realtors... We also felt that the type of expertise and experience that a realtor could provide in terms of comparable market values and pricing was invaluable.”
Regardless what route consumers choose, it is essential to do the homework. Leclair suggests that those who don’t make themselves aware of the implications of entering into the sales process alone, do so at possible peril. Things may work out- but they also may not- and without the advice of an expert, you are leaving the outcome largely to chance.
He suggests that those considering a private sale weigh through some sample questions, which he believes that many consumers do not readily know about; “Who prepares the agreement of purchase and sale? Who negotiates the deal? Who will prepare the house for showings? Who will show the house to interested buyers? How to price the house - How to determine its value? Should there be an inspection report available for prospective buyers?”
Not just about peace of mind
Leclair too, suggests that the impetus for expert advice goes way beyond moral support through they sales process; “This is not simply a peace of mind issue but it has fundamental legal, financial and practical implications for the parties to the agreement of purchase and sale. This is a legally binding contract once signed by the parties and before signing, they should understand what is being agreed to (does the written text reflect the intention) and does it address all the necessary issues. Only then will surprises be avoided and the parties successfully accomplish what they set out to do.”
“Whether a real estate agent is involved or not, a purchaser or vendor should consult a real estate lawyer early in the process. Then they will have peace of mind that comes from knowing they understand the greater financial and legal implications involved and have properly protected their interests in what is likely the single most expensive transaction they will undertake. “
Part of charting a successful course, no matter where you are going or what you are doing, is to flatten the potential impact of risk brought on by unanticipated events. In the case of Real Estate, this risk can be neutralized and managed better through education and consultation at the beginning of the process- from an expert that meets the required need.

Good morning from Quail Ridge - Slight frost delay - Gonna be a tough day!

2011-04-22T07:52:00.000-07:00

This is the view from my window at 6:30 am on Good Friday.

Looks like the start of spring - going to be a great Easter Weekend.

Enjoy your time with family and friends.

Okanagan Beaches ranked 2nd Best in Canada - but we already knew that.

2011-04-20T11:36:00.001-07:00

Okanagan beaches are ranked second best in Canada, behind only the spectacular Pacific Ocean beach at Tofino.

Users of popular website TripAdvisor.com voted for their favourite Canadian beaches and the top 10 list was included in the 2011 Travellers‘Choice Awards.

Okanagan beaches are ranked second best in Canada, behind only the spectacular Pacific Ocean beach at Tofino.

http://bit.ly/OkanaganBeaches http://amplify.com/u/bzqg9

What factors should a Buyer consider when deciding to get off the fence.

2011-04-13T07:30:00.001-07:00

We have many clients who are sitting on the sidelines trying to pick the bottom of the Real Estate market before they get back in. Should they buy their vacation home in the Okanagan or move their money south of the border to our economically aching neighbors. I guess the question is do you want real chance for growth in the foreseeable future or are you prepared to wait a very long time to get your money out of your Real Estate investment? A good read that offers insight into our potential here in Canada.

http://www.donrcampbell.com/

http://amplify.com/u/byxej

British Columbia has two geographic advantages over the rest of Canada – Journal of Commerce

2011-04-04T16:39:00.000-07:00

British Columbia has two geographic advantages over the rest of Canada – Journal of Commerce

How do you see the Okanagan of the future?

2011-04-01T14:55:00.001-07:00

He is one of West Kelowna’s top businessmen and he is calling for a change in the way the Okanagan is being developed.
Anthony von Mandl was the guest speaker at the annual general meeting of the West Kelowna Residents’ Association on Thursday.

The proprietor of the Mission Hill Family Estate Winery says agri-tourism should become the backbone of the Okanagan’s economy.
Von Mandl says amenities should be aimed at high-end visitors coming to the valley.
He believes the valley’s economy should be less dependent on widespread development that obscures the region's natural attributes, adding the Okanagan should focus on more than just real estate and shopping centre development.

Von Mandl is also promoting the idea of developing a hotel school at UBC-Okanagan.

© Copyright (c) CW Media Inc. http://amplify.com/u/bxejg

RDCO Board Highlights

2011-03-24T13:30:00.000-07:00

As reported on Castanet.net

Photo: Contributed

The following are highlights from the Regional District of Central Okanagan Board meeting held Monday, March 21, 2011.

February Building Statistics - During February, nine building permits were approved for projects worth $1,057,000 in the Central Okanagan East and Central Okanagan West Electoral Areas. That compares with nine permits issued in February 2010 for projects worth $991,000.

Why Canadian inflation has fallen.

2011-03-21T08:36:00.001-07:00

URL: http://www.financialpost.com/news/inflation%20falls%20e...

When the rest of the world has rising inflation - what's the real story behind Canada's drop in inflation.

See this Amp at http://amplify.com/u/bvptj

2011-03-18T08:12:00.001-07:00

What is spring like in your neck of the woods? The Real Estate market in the Okanagan has not been this attractive in a long time. This is our sunrise today - golf anyone? http://amplify.com/u/bv9ei

2011-03-17T10:05:00.001-07:00

Landcor really is the Gold Standard for Real Estate data!

Hope you find the information in this publication as insightful as I do.

British Columbia real estate - The Big Chill finally thaws?

Vancouver, BC - March 3rd, 2011

When the winter winds blow hard and cold, herd animals instinctively find warmth and strength in their sheer numbers. For examples, horses are smart; they gather together, find whatever shelter they can find, put their backs against the wind and form a big, hairy, comforting mutual windbreak as they wait for the cold blast to abate.

https://www.landcor.com/market/reports/2010_Residential_Sales_Summary.pdf http://amplify.com/u/bv15t

HOMEBUYING INTENTIONS REMAIN STEADY IN B.C.: RBC POLL

2011-03-16T09:18:00.000-07:00

TORONTO, March 9 /CNW/ - Interest in buying a home has remained steady in B.C. with 29 per cent of residents indicating they are likely to buy a home in the next two years, on par with the national average and equal to last year, according to the 18^th annual RBC Homeownership Study.

When asked to list their top worry when planning to purchase, over one-third (34 per cent) of British Columbians are most concerned with home prices increasing, the most in Canada. Having a good down payment is the top worry for 20 per cent.

"B.C.'s housing market has experienced some volatility over the past few years so it makes sense that buyers are concerned about rising prices and having the proper down payment," said Inde Sumal, regional vice president, residential mortgages, RBC. "When making the decision to purchase a home, seeking the advice of a qualified professional can help you decide on what type of mortgage, home and savings plan is right to meet your individual needs and ownership goals."

While more homebuyers believe it makes sense to buy a home this year (54 per cent), rather than waiting until next year (46 per cent), the gap has narrowed from 2010 (68 per cent versus 32 per cent).
Homeowners in B.C. are slightly less optimistic than last year about the price of their home, as 67 per cent feel the value of their home has increased in the past two years and 16 per cent believe that the value of their home has decreased.

New homes are gaining in popularity, as 30 per cent plan to buy a new home rather than a resale, the highest in the country and eight points above the national average. Those intending to buy a home are also looking more long-term, with almost four-in-ten (79 per cent) planning to purchase in the next one to two years rather than right now. Almost half (48 per cent) of the province believes that it's a buyers market, which is eight points above the national average.

British Columbians indicate they are looking to buy the following types of homes according to the 18th Annual RBC Homeownership Poll:

Detached house 54 per cent
Condo/loft 17 per cent
Semi detached house 11 per cent
Townhouse 13 per cent

Highlights from across Canada:

Alberta: Interest in purchasing a home has declined in Alberta, with one third (33 per cent) saying they are likely to buy in the next two years, down two points from last year (35 per cent). Alberta leads the country in seeing the housing market shifting towards buyers, as 57 per cent say it's a buyers market. Almost one third of home owners in the province (32 per cent) say the value of their home as decreased in the last two years, almost double any other province.
Prairies: Saskatchewan and Manitoba lead the country in believing that it's a sellers market, over 23 per cent higher than any other province. Purchase intentions have remained steady in the Prairies, with 29 per cent indicating they are likely to purchase a home in the next two years, up slightly from 2010 (28 per cent)
Ontario: Ontario leads the country in seeing the current housing market as balanced (46 per cent). The majority of Ontarians (72 per cent) say they are not likely to buy a home in the next two years, a rise of six points over 2010. Those intending to buy a home are looking longer term, with four-fifths (80 per cent) planning to purchase in the next one to two years, the highest rate in the country.
Quebec: Quebec leads Canada in planning to buy a bigger home (59 per cent) and feeling that the value of their home has increased in the last two years (86 per cent). Three-quarters (76 per cent) of homebuyers in Quebec intend to buy in the next one to two years.
Atlantic Canada: Almost three quarters of Atlantic Canadians (74 per cent) think it makes more sense to buy now than wait until next year, higher than any other province. Interest in purchasing a home has declined over last year, with 24 per cent saying it is likely they will buy in the next two years, down two points from 2010.

2011-03-16T07:26:00.001-07:00

Is the window closing on low interest rates? For Canadian mortgage borrowers, interest rate hikes could become a grating refrain in the coming months.Read more: http://www.financialpost.com/news/WINDOW+CLOSING+RATES/4240605/story.html#ixzz1E55aQEcThttp://bit.ly/hupu8k http://amplify.com/u/bun7l

2011-03-10T12:45:00.001-08:00

Great news for property values in Quail Ridge!

Thomson report

by John Thomson - Story: 60525

Mar 8, 2011 / 5:00 am

It looks like it is a finally a go for the Sheraton Four Points Hotel across from the entrance to the Kelowna International Airport. Argus Properties of Kelowna is the developer.

http://www.castanet.net/news/John-Thomson/60525/Thomson-report http://amplify.com/u/btsda

2271 Capistrano Drive

2011-03-06T09:05:00.000-08:00

Highly sought after floor plan and location in Fiore del Sol at Quail Ridge.

Meticulously cared for 3 bed 2.5 baths – 2400 sq/ft town home.

Fabulous views of 7 fairways of the Okanagan Golf courses from east facing (morning sun) covered patios. Corian Kitchen and updated granite in master bath and designer colors throughout.

Gas fireplace on both levels. Generous sized bedrooms and a large laundry with room for craft room or work shop.

2 car garage and large flat driveway.

Excellent lock and go potential for snowbirds or as a vacation property.

Tanis Read REALTOR® Trish Cenci REALTOR®

tanisread@shaw.ca trishcenci@shaw.ca

www.OkanaganRealEstateTeam.com www.mykelownarealestate.com

www.QuailRidgeRealEstate.com

1 888 535 6962

“information deemed correct but must be verified”

2011-03-02T21:25:00.001-08:00

This is a great tool that I share with my followers on twitter. It shows us just how great we Canadian's have it compared to most countries in the world. If we think Canada is great The Okanagan is exceptional! http://www.ifitweremyhome.com/compare/listing/CA http://amplify.com/u/bsjut

2011-03-02T16:22:00.001-08:00

A little bit of help for tax time. Canadians - Top 10 ways to reduce your taxes. http://www.cra-arc.gc.ca/nwsrm/txtps/2011/tt110302-eng.html?=eml20110302 http://amplify.com/u/bsiam

2011-02-28T16:36:00.001-08:00

You can taste our wine, but if you don't live in BC you take it home at your own peril. I wonder how many people give this a second thought.http://www.vancouversun.com/business/Okanagan+wine+culture+slams+into+prohibition/4356744/story.html http://amplify.com/u/bs346

Predictions for the Future - 1957 Associated Press

2011-02-26T10:37:00.001-08:00

A bit of fun for your Saturday - a prediction from 1950. How we'll live in 2000. Would you even attempt to predict the future for 2100? http://bit.ly/bk3fG8 http://amplify.com/u/bruh1

2011-02-23T12:07:00.001-08:00

Whether you're employed, unemployed or a graduate preparing to enter the workforce, you've probably worried about the job market.There's some good news, however: the unemployment rate has dropped to single digits, and economists are predicting the numbers to drop as low as 8.5% by 2012. This "rosy" outlook is based on an expected decline in the participation rate - that's economists' way of saying that fewer people will hunt for jobs. It's the baby boomer generation, those people born between 1946 and 1964, and their approaching retirement that are causing this shift in the job market, which is good news if you're looking for a job. Check out these five industries that are ready to retire.http://financialedge.investopedia.com/financial-edge/0211/5-Industries-That-Are-Ready-To-Retire.aspx http://amplify.com/u/brhv4

2011-02-18T13:22:00.001-08:00

HIGHER HOMEOWNER GRANT THRESHOLD PROTECTS TAXPAYERVICTORIA – More than one million B.C. homeowners with homes valued up to $1.15 million may be eligible for the full homeowner grant amount as the Province raises the threshold by 10 per cent for the 2011 tax year. http://amplify.com/u/bqss7

2011-02-18T12:58:00.001-08:00

Rebound in Canadian commercial real estate returns in 2010

Comparisons with other Asset Classes:Direct property investment underperformed the REIT market, which rebounded by 27.1% in 2010 according to the FTSE EPRA/NAREIT Index for Canada, as well as stocks which returned 14.9% according to the MSCI Canada Index, but outperformed bonds which returned 7.6%, as measured by the JP Morgan 7-10 Year Government Bond Index.
http://bit.ly/gjStfR
In the Central Okanagan activity seems to be picking up in the new year but transactions on MLS are down over the same period of 2010. There are large number of buyers looking for businesses right now but not near enough product for sale according to Steve Harvey of Business Finders Canada. http://www.businessfinderscanada.com/confidentiality.php
http://amplify.com/u/bqsq0
#Commercial Real Estate #Kelowna

Tanis Read
(250) 215 2121
www.OkanaganRealEstateTeam.com

2011-02-17T11:44:00.001-08:00

Canada's housing market not likely to see double-digit gains: Coldwell Banker chief John Geha: Solid growth expectedRead more: http://www.vancouversun.com/business/Canada+housing+market+likely+double+digit+gains+Coldwell+Banker+chief/4302954/story.html#ixzz1EFN3vcq7 http://amplify.com/u/bqko5

2011-02-15T08:55:00.001-08:00

CREA cautions Ottawa on mortgage rules:The Canadian Real Estate Association cautioned the federal government to stay out of the mortgage market until the effects of recent changes can be gauged, as it suggested buyers raced to secure 35-year mortgages in January before they are banned in late March. http://amplify.com/u/aqbts http://amplify.com/u/aqbtv

The Landcor Report Whistler:Foreign Owners

2011-02-15T07:47:00.001-08:00

As always Landcor brings us the facts with the knowledge and witticisms of Rudy Nielsen. Here's an excerpt from the latest report:

"Pointing back more than 20 years ago when BC first invited the

world to visit, Nielsen believes, given time, the positive effects of

the 2010 Winter Olympics will blossom: “We can compare the

Winter Olympics to Expo 86. Province wide, we saw about $12

billion in real estate sales back in 1986. Over the next three years,

real estate sales climbed to about $28 billion per annum. People

were coming back to look at British Columbia. This will happen

again.”

Nielsen believes BC is ‘the place’ for real-estate investment and

enjoyment; ample fresh water, benign climate, friendly business

and social climate, excellent infrastructure, stable government

and absolutely stunning recreational land available for a fraction

of the prices found in other, less-favoured areas of the world."

For the complete report on the effects of the Olympics on Foreign Ownership:

http://www.landcor.com/market/reports/WhistlerForeignOwners_201102.pdf

See this Amp at http://amplify.com/u/aqbp7

A free posting site for Quail Ridge Rentals

2011-02-09T12:11:00.000-08:00

As Trish and I get a large number of people calling in to our Quail Ridge Real Estate Office during the year looking for Rentals, we have decided to launch a new section to this site offering details of Rentals in the UBC Okanagan area.

If you would like to promote your property on this site - which is a free service - please e.mail the details and a photo to Tanis - tanis read@shaw.ca or Trish - trishcenci|@shaw.ca or if you have any questions please call us!

Kind Regards

Tanis Read and Trish Cenci

Coldwell Banker Horizon Realty

Retirement Can Be Funny | Mike Hassard Kelowna Financial Ideas that Work

2011-02-01T19:06:00.000-08:00

Retirement Can Be Funny | Mike Hassard Kelowna Financial Ideas that Work

What is Exclusive Buyers’ Agency ? A guide for Buyers of Real Estate in BC

2011-01-26T09:30:00.000-08:00

For those of you who are thinking of buying Real Estate in BC, at some point you will come across the phrases ' Buyers Agency' or 'Exclusive Buyers Agency'. The following information is provided as a guide to help you understand these terms, and what you should expect from your Agent.

Disclosing the types of Agency Representation

The Okanagan Real Estate Board (OMREB) requires a Disclosure of Agency (a Working with a Realtor form, which is signed by the Buyer and the Agent) by which every registered Agent is required to explain their legal relationship with a Buyer at first substantive contact i.e. when you start discussing information with that Agent which would compromise your bargaining position in any way.
The Agent should immediately explain 'Agency' and give you a choice in how you wish to proceed.

Any licensed Real Estate Agent in British Columbia can legally act as a Buyer’s Agent, while working for a brokerage focused on representing Sellers’ Listings. You should expect your Agent to ask you to sign an acknowledgement to this effect.

Why choose Exclusive Buyer’s Agency?

While any Agent can and will arrange property showings, suggest sources of financing, provide accurate information, prepare contracts and agreements, and assist you through the entire process, an Exclusive Buyer’s Agent can perform services for you that many Seller’s Agents can’t.

An Exclusive Buyer’s Agent can -:

1. Provide an unbiased opinion on each property- remember a Listing Agent has a fiduciary duty (defined as - a legal relationship of confidence or trust regarding the management of money or property between two or more parties), to the Seller, and is therefore unable to discuss such sensitive issues as price.

2. Recommend and negotiate the best price and terms for you alone.

3. Ensure that the conditions placed in a Contract of Purchase and Sale protect you, rather than the seller.
4. Keep confidential any information that could compromise your negotiating position.

To work with your Agent and appoint them as an Exclusive Buyers Agent, you will need to sit down with them and discuss the 'terms' of this arrangement, which is usually done in the form of a standard written contract ( in the same way as you would sign a Listing Contract when you are listing your property with an Agent).

What if the house you want is listed by the same Agent or Real Estate Company that is representing you as Buyer’s Agent?

In that case, you can agree to 'Dual Agency', in which case the agent represents both you and the Seller, and has to be very careful not to breach the confidentiality of either the Buyer or the Seller, or you can use another Agent from an alternative Real Estate Company.

Who Pays the Real Estate Agents commission?

In most cases, the Seller is going to pay a percentage of the sale price to the Listing Brokerage, as a commission fee. ( There are cases where the Buyer may agree to pay part of the commission under their Exclusive Buyers Agency agreement with their Buyers Agent).

Most Sellers agree to allow the Listing Agency to split the commission with the Buyer’s Agency, which means the Seller is paying the Buyer’s Agent to represent the Buyer’s interests.

Why would a Seller agree to allow a proportion of the commission to go to a Buyer’s Agent who is representing a Buyer against the Seller? It is simple - the seller wants to sell! But it is really the transaction that funds the commission? Yes, the Seller is paying the commission, but without the Buyer’s money there would be no sale. The whole idea is to be fair and reasonable. If the Buyer is bringing the money to the table to buy the house, it is only fair that the Buyer has full representation.

We hope this guide helps?

If you have any further questions, on this or any other Real Estate topic, please do not hesitate to contact:

Tanis Read
(250) 215 2121
tanisread@shaw.ca
www.OkanaganRealEstateTeam.com

Coldwell Banker Horizon Realty
1-888-KELOWNA

Industry Poll Points to Market Optimism

2011-01-25T14:58:00.000-08:00

Approximately 70.0 percent of industry experts believe the commercial real estate market recovery is real and nearly 45.0 percent plan to invest in apartments this year according to a recent Pricewaterhouse Coopers poll.

As part of a recent Webcast featuring company executives, PwC conducted a real estate outlook survey among more than 200 industry experts, including investors, lenders, brokers, and other top real estate execs. Results indicate that, according to the industry influencers who were polled, the market may be poised for positive activity this year.

When it comes to risk tolerance, 32.0 percent of respondents said they were willing to take on additional risk with an investment’s location this year. Nearly 20.0 percent will take on additional risk based on property type, 18.5 percent will assume risk on tenancy and properties with deferred maintenance, and approximately 12.0 percent will shoulder risk on leveraged assets.
More than 56.0 percent of the industry experts polled plan to extend the maturity of unbalanced loans and hold on for the market to recover. A fair share of respondents (37.1 percent) say they will manage out-of-balance loans by paying down the principal or taking a discounted payoff. The smallest segment of respondents (6.7 percent) will seek principal forgiveness from lenders without borrower pay-down. Signaling a potential loosening of the credit markets, 72.0 percent of respondents said they have the ability to refinance their loans at this time.
(CCIM.com)

Sailview Bay on Westside Road Kelowna waterfront property

2011-01-22T12:17:00.000-08:00

The beautiful and secluded Sailview Bay gated community is the location for this highly desirable 3 Bedroom 2 1/2 bathroom home.

A wall of windows gives you spectacular views across the lake to downtown Kelowna.

Touches of luxurious south west design are found throughout right down to the timeless Mexican tile floors.

This custom home is designed for outside entertaining. The oversized stone patio with a large BBQ area lots of seating, with a hot tub all with gorgeous private views. As you head down the steps to the Lake you will find your own Beach Hut and yet another entertaining area complete with 2 Boat Lifts on your own private Boat Dock.

Updates include custom new roof and stunning front doors. A mezzanine level allows for additional sleeping accommodations and den with stunning built in shelving and a Murphy Bed.

For the ultimate in peace, privacy and tranquility this home is a really must see!
Approximately 10 minutes from downtown Kelowna.

Listed at $1 599,000MLS®10017312

For further details or your private viewing please call:
Tanis Read @ 250 215 2121
tanisread@shaw.ca

Rare to have this much parking!

www.OkanaganRealEstateTeam.com

Coldwell Banker Horizon Realty

1 888 KELOWNA

*each office is independantly owned and operated*

Brookstone condos in Lake Country

2011-01-11T14:40:00.000-08:00

If you haven't stopped in at the Brookstone in Winfield it is well worth the effort.

The Brookstone is unique in the area due to its location adjacent to the Blue Heron assisted living which is primarily occupied by Seniors. We have negotiated a terrific agreement with the Blue Heron which offers our residents 55 and up the opportunity to have meals next door at a cost of $10 per day for lunch and dinner. As well the Blue Heron is offering services such as home care, house keeping, etc. This is a wonderful opportunity for seniors whose home is proving to be too much work but who still want the independance of their own residence.

The meals are also available for takeout to all of the Brookstone residents. Our student population love this as the meals are priced within their budget as well as being delicious and nutritious. Everyone at Brookstone benefits from our neighbors. The location has also proved to add an element of safety which is appreciated by all homeowners.

Brookstone is located on Vernon creek so there is an abundance of birds and trees on the east side of the building as well the town of Winfield is building a walking trail system which starts at the Brookstone and goes through town along the creek. Be sure to ask us to see the map of this exciting plan.

With prices from $219,000 for a 2 bed and 2 bath unit Brookstone is a terrific place to call home.

3 sizes of 2 bedroom units available with various exposures.
Homes come standard with the following:
- Gas fireplaces
- Gas stoves
- Gas dryers and front load washers
- dish washer
- over counter microwave
- roughed in vacuum
- secure storage

Virtual tours of all floorplans:
http://okvts.com/read/beaverlake3180/103/
http://okvts.com/read/beaverlake3180/305/
http://okvts.com/read/beaverlake3180/401/

Tanis Read REALTOR® Trish Cenci REALTOR®

(250) 215 2121 (250) 864 1707

tanisread@shaw.ca trishcenci@shaw.ca

www.OkanaganRealEstateTeam.com www.mykelownarealestate.com

Coldwell Banker Horizon Realty

1 888 535 6962

Brookstone 103

103 Master Bed

Brookstone Bath

East facing view - Brookstone

Laundry room

North facing view

Suite 304

Kitchen 304

View from 201

Suite 401

Kitchen 403

A fabulous new product for showcasing your property!

2010-12-09T12:37:00.000-08:00

As a Coldwell Banker Horizon Agent I am thrilled to be able to offer my clients a new service as part of the ongoing 'Ultimate Service' that is offered to all Buyers and Sellers.

Tanis Read

(250) 215 2121

tanisread@shaw.ca

www.OkanaganRealEstateTeam.com

www.QuailRidgeRealEstate.com

Coldwell Banker Horizon Realty

1 - 888 - KELOWNA

Thompson Okanangan is BC's leader in small business growth.

2010-11-29T09:32:00.000-08:00

Thompson-Okanagan Region is BC's Leader in Small Business Growth

Since 2007, three of British Columbia's regions recorded growth in the number of small businesses while the other areas experienced significant declines. As a result, the province registered a net gain of 2.9 percent, or approximately 11,100 businesses. During this period, the Thompson-Okanagan region, where forestry and agriculture are among the principal industries, led the province in small business growth. The two-year growth rate for this region was 9.0 percent, resulting in a net increase of 4,400 businesses.

The Thompson-Okanagan was also the region with the strongest growth in the number of self-employed between 2004 and 2009. The 24.7 percent surge in self-employment in the region was slightly ahead of the 23.1 percent rise recorded in the Northeast region.

Central Okanagan Economic Development Commission News - November 29, 2010

Full report

BC Home Buyers in the Driver's Seat

2010-08-12T05:42:00.000-07:00

Vancouver, BC – August 12, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 42 per cent to 5,784 units in July compared to the same month last year. On a seasonally adjusted basis, MLS® residential unit sales in the province declined 19 per cent in July from June 2010. The average MLS® residential price climbed 6 per cent to $491,832 in July compared to the same month last year.

BC Home Sales to Rise in 2011

2010-07-30T06:14:00.000-07:00

BCREA Housing Forecast Update - Third Quarter 2010 Vancouver, BC – July 30, 2010. The British Columbia Real Estate Association (BCREA) released its Housing Forecast Update for the third quarter of 2010 today. BC Multiple Listing Service® (MLS®) residential sales are forecast to decline 7 per cent from 85,028 units in 2009 to 79,500 units this year, before increasing 5 per cent to 83,400 units in 2011. “The volatility in consumer demand characteristic of the past 24 months is expected to give way to more gradual improvement through 2011,” said Cameron Muir, BCREA Chief Economist. “Housing demand has fallen back to earth from its break-neck pace at the end of 2009 and is expected to more closely match overall economic performance over the next 18 months.” “A larger inventory of homes for sale has created the most favourable conditions for home buyers in more than a year,” added Muir. “However, the buyers’ market is expected to be short-lived as total active listings peaked in May and are beginning to wane, with more balanced conditions set to emerge in the fall.” The average MLS® residential price is forecast to climb 6 per cent to $492,800 this year and remain relatively unchanged in 2011, albeit declining by 1 per cent to $489,500. -
Tanis Read - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

CMHC New Home Construction stats

2010-06-21T15:28:00.000-07:00

Detached Home Construction Up in 2010 Kelowna's new home construction market, led by the detached home sector, began 2010 on a positive note. First quarter detached home starts more than doubled from the same three month period in 2009. First quarter existing home sales were up from the same three month period in 2009, with detached and attached home and apartment condominium sales all posting big year-over-year gains. -
Tanis Read REALTOR® - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

2 bed Lake Country Condo's from $219,000

2010-06-18T10:07:00.000-07:00

Asking Price: $219,000.00

Wonderful small town living 10 minutes from Kelowna 32 unit building 50% sold. 3 sizes of 2 bedroom units available with various exposures. Comes standard with - Gas fireplaces - Gas stoves - Gas dryers and front load washers - dish washer - over counter microwave - roughed in vacuum - secure storage Great location with in walking distance to all amenities and bus stop.

Close to airport, lakes and half way between Kelowna and Vernon. Virtual tour: http://okvts.com/read/beaverlake3180/103/
http://okvts.com/read/beaverlake3180/305
http://okvts.com/read/beaverlake3180/401/

For more information please contact:
-
Tanis Read REALTOR® - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

Office Announcement

2010-05-26T11:27:00.000-07:00

Office Changes.

As many of you will know Trish Cenci and I opened our own personal Real Estate Office in Quail Ridge, earlier this year.

After long and careful consideration, I have with immediate effect moved from Premier Canadian Properties to Coldwell Banker® and I am very excited to announce that our office in Quail Ridge has now become their fifth Branch Office in the Valley.

While I enjoyed my time at Premier Canadian Properties, I have joined a strong and highly skilled team of professionals with extensive real estate & local knowledge, combined with the full resources of Coldwell Banker Horizon Realty. Please note my new contact information below and don't forget to stop in for a visit the next time you’re by the Borgatta Lodge.

Twitter: http://twitter.com/OkanaganHomes

Downtown Office Coldwell Banker Horizon Realty
#14-1470 Harvey Ave. Kelowna, BC V1Y 9K8
Office: (250) 860-7500
Toll Free: (888) 535-6962
Fax: (250) 868-2488
http://www.kelownarealestate.com/
-
Tanis Read REALTOR® - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

Christmas Special at the Brookstone

2009-12-07T12:26:00.000-08:00

The Brookstone condo project in Lake Country has now reached 40% sold. This is significant considering the sales environment that we have just come through.

Don't miss our Christmas Special at Brookstone!
4 - 2 bedroom 2 bathroom, 906 square foot units now priced at $234,900 and $239,950. We are also offering a Buy Direct Incentive on all units.
Call me at 250-215 2121 for more information or to view.

Though I am expecting the traditional slow down of December the market activity until now has been pleasantly steady. My business has been especially active in single family homes under $500,000 and apartment condos under $300,000.

The website activity still indicates that the greatest amount of interest in the Okanagan market is from within our own province. The Alberta connnection is heating up again as is Saskatchewan on Ontario. All in all I am looking forward to a busy spring in Kelowna Real Estate.

November Stats:

Kelowna, BC – The Central Zone of the Okanagan Mainline Real Estate Board (OMREB)

reported November 2009 sales activity of all MLS® property types continued to improve over

last year and the early part of 2009. Sales remain steady despite the expected slow down as

winter approaches.

While total sales in November dipped by 30% to 303 units from 435 in October, sales jumped

102% from the 150 sold in November 2008.
Total residential units sold this month rose 24% to

266 compared to the 215 sold in October and showed a 91% improvement over the 139 last

year.

Sales of 137 single family units were up 93% from the 71 sold in November 2008.

Townhouse and apartment condo sales continue to heat up with 44 townhouse units sold – a

159% improvement over 17 last November, and 63 apartments sold – up 66% from 38 in 2008.

“Following the usual seasonal trend, sales activity typically slows in November as our attention

turns to the upcoming holiday season and we move into the winter months,” says Brenda

Moshansky, OMREB Director and REALTOR® in the Central Zone. “However, the market in

the Central Okanagan has continued to improve significantly compared to the downward trend

experienced in late 2008. The gradual but steady growth during 2009 has resulted in a more

balanced and sustainable market as we see inventories dropping and prices stabilizing.”

“We can expect that strong consumer demand and rising market confidence will drive sales into

2010 as first-time buyers continue to be enticed by the low mortgage rates and relatively low

home prices, “ Moshansky notes. “High prices and reduced affordability in the Lower Mainland

could translate into potential buyers for the Okanagan in the months to come – especially if

prices continue to rise at the Coast.”

-
Tanis Read - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

Brookstone Update

2009-08-06T15:45:00.000-07:00

Brookstone has passed the Test with great Success!

We have successfully sold two units this past week. One of only 2 studio units just sold for a price of $180,000 with a list price of $189,900. This is great news for people who have been waiting on the side lines to see what would happen when a sale went to court.

Brookstone is an ideally located 32 unit condo building in the heart of Winfield. There are a few things that make this building special. It is a quality built development. High ceilings, quality appliances including gas stoves and dryers, front loading washers are just part of the package. Brookstone is also the only building within walking distance of the downtown core of Winfield. You truly do not need a car. Bus stops within 3 blocks take you into Kelowna, to the Airport and perhaps most significantly our ever expanding University UBCO.

Brookstone homeowners come from all walks of life. Retired local residents, University students looking for quieter living and an easy commute, locally employed residents and a couple of out of province homeowners.

Come out and see why this should be "Your place to come Home to".

What a great time to be a First Time Home Buyers in Kelowna!!

2009-03-21T14:54:00.000-07:00

What a great time to be a First Time Home Buyer!
First time home buyers are finally seeing a Real Estate market that is attainable for them.According to one local appraiser the appraisal value on Central Okanagan properties has dropped by an average of 14% since the high of 2008. This is being reflected in the drop in the list and sale prices of property for the last few months. The price adjustment combined with unbelievably low interest rates and the new government incentives have attracted many first time home buyers to a market that other consumers have backed away from. Government incentives for first time home buyers include:- An increase in the RRSP withdrawl from $20,000 to $25,000- First time home buyers Tax Credit of up to $750.00- Exemption from Property Transfer Tax- Credits for Energy Retrofits- Renovation tax credit of up to $1350 per householdMany of these incentives are available to all eligible homeowners. Helpful tools for Home Buyers can be found at the CMHC website: http://www.cmhc-schl.gc.ca/. A great piece of advice that one of my favorite mortgage advisors, Christine Dawson of TD mentioned is to take less than the maximum mortgage that you qualify for. We never know what is coming around the corner and not over extending ourselves financially will definitely help us sleep better. Make sure to go to www.openhousekelowna.com to see what open houses are happening at any time in Kelowna.

Tanis Read - Kelowna University helps create mini condo-boom

2008-09-01T12:32:00.000-07:00

I’d like to share an article.

By Steve MacNaull - The Okanagan Saturday August 9, 2008.

UBCO-related condominium purchases in the Central Okanagan are creating a mini-boom within a market that is generally softening."Parents of university students are buying condos around UBCO and along bus routes to the school so their child can stay in them, but also as an investment.

The idea is, if their child also gets a roommate to pay $850 a month, it’s a mortgage helper.Hopefully, when they sell the condo in three or four years, they make a profit that covers what they spent on tuition and more.”Tanis Read's office is at the Quail Ridge golf course beside UBCO. Last weekend, there were eight sales at the Pinnacle condo complex at Quail to parents of university students, with multiple offers on three of the units.The price range for two-bedroom condos in the building is $289,000 to $349,000. Since the building has resort zoning, short –term rentals are allowed, so they can be rented to students during the school years, then to golfers in the summer.I am also aware of a half a dozen sales to parents of university students at Brookstone in Winfield, which is on the direct bus route to UBCO. “Because my office is beside UBCO and our company represents sales at Brookstone, we have been able to spot this trend.“I’m sure there are more sales just like it, but because various agents at different companies are handling them, they don’t see it as the mini-boom we do.”After a five year run of doubling prices and record sales, the Okanagan real estate market is slowing as investors and flippers drop out in reaction to higher prices and a slowing economy.
-
Tanis Read - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

Tanis Read - Brookstone Winfield

2008-08-21T12:20:00.000-07:00

BrookStone-Winfield

A 32-Unit Multi-Family Development in Winfield Affordable, comfortable and convenient to all amenities, this four story multi-family development with some underground parking is nestled near Vernon creek. The adjacent creek snakes through the heart of this Winfield park district. Yet Brookstone offers easy access to the highway that ribbons the Winfield (Lake Country area), the new UBCO campus, and the Kelowna Airport as gateway to the entire Kelowna region. Brookstone's unit specifications feature spacious floorplans and gas fireplaces with balconies overlooking the lake country.
-
Tanis Read - Okanagan Real Estate Team
Coldwell Banker Horizon Realty
Quail Ridge Branch Office
3A-3185 Via Centrale, Kelowna, BC V1V 2A7
Cell : (250) 215 2121 Email : tanisread@shaw.ca
http://www.okanaganrealestateteam.com/
http://www.quailridgerealestate.com/

Okanagan Real Estate Team - Tanis Read

Would you be willing to sell your home during the holidays?

Creative new home construction!

Couple retires in Rimbey home built from 30 steel shipping containers

What does your future look like?

The rise of the Boomer entrepreneur

Creative new home construction!

Couple retires in Rimbey home built from 30 steel shipping containers

Making every investment dollar count.

Ten tips for getting a fair price on a home

Amy Fontinelle

Is now the time to buy your piece of paradise?

Okanagan Valley: British Columbia's bubble-free real estate zone

Our lifestyles are changing - Boomers are you ready?

Growing old at home

Lipstick never really looked very good on a pig anyway.

Posted Homes

Unsexy, but essential, repairs

Confidence coming back to the Calgary Real Estate Market

Calgary luxury home sales surge 24% from last year

More confidence cited in upper-end market

Cuts to RBC Variable Rate Mortgages - others to follow?

August 23, 2011

RBC Signals That VRMs Too Costly

Another fantastic day in Kelowna!

Looking for the perfect home away from home?

Swap your home to see the world for less

Tax planning for the vacation home

Planning for family cottage could help avoid hefty tax bill

BC's record high taxes stifle our economy

Scrap the property transfer tax

B.C. residents, burdened by ‘extreme’ housing prices, are squeezed out of an additional $20,000 by the taxman

A major benefit for the economy from the elimination of the PTT would be the creation of 9,000 full-time jobs.

Photograph by: Norm Betts, Vancouver Sun Bloomberg

Things to think about - First time home buyers.

Five smart steps every new homeowner should take

What are your favorite things about the Okanagan?

The AWE-inspiring Okanagan

The Top 10 reasons it will take your breath away

How are your people skills?

BOC keeps key interest rate ate 1%

updatedBank of Canada keeps key interest rate at 1%

Is the time right to buy Real Estate in the Okanagan?

Kelowna Has No Housing Bubble to Burst

Positive news even if it means returning to normal.

Building permits spike 21% in May

The Canadian Press

Posted:Jul 6, 2011 9:01 AM ET

Last Updated: Jul 6, 2011 9:01 AM ET

A very important read before purchasing in a development!

An interesting report on a cross section of data.

BC economic snapshot for June 17, 2011

CMHC Survey shows homebuyers taking time to plan

Looking for a Real Estate foreclosure?

The pitfalls of buying a foreclosure house

Amy Fontinelle

Investopedia.com

A record 1174 UBC-O graduates in class of 2011

Kelowna

Canada's vacancy rate decreases but in Kelowna?

Will downsizing Boomers change urban housing for the better?

Mortgage rates going down?

Bank of Canada maintains overnight rate target at 1 per cent

Do you have the Entreprenurial bug?

Canada among top three countries for entrepreneurs

Have you been putting off buying until we hit bottom?

Okanagan a bargain, but it won’t last long

Cooler weather means greener golf courses.

A-OK in the Okanagan 0

The challenges of Downsizing

Boomer Housing Denial

Canadian's attacking mortgage debt.

Do you have a goal to pay down a mortgage?

Canadians Looking For Ways To Pay Mortgages Faster, Scotiabank

101 3155 Reimche Road, Lake Country

How Consumers Should Weigh Up The Risks Before Going It Alone In Real Estate

Good morning from Quail Ridge - Slight frost delay - Gonna be a tough day!

Okanagan Beaches ranked 2nd Best in Canada - but we already knew that.

What factors should a Buyer consider when deciding to get off the fence.

British Columbia has two geographic advantages over the rest of Canada – Journal of Commerce

Posted:

Jul 6, 2011 9:01 AM ET

Last Updated:

Jul 6, 2011 9:01 AM ET

A-OK in the Okanagan

0