News

current market updates

From The Daily Courier – Tiny condos a big hit

By Steve MacNaull People are willing to live in tiny condominiums if the price, location, amenities and efficiencies are just right. “The price point was the most obvious advantage,” said Rob Hager, who is managing sales for the Cambridge House…

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From Castanet – Itty bitty living space

By Jennifer Zielinski Dubbed “smart” studio living, a new condominium will offer uniquely designed micro homes that start selling at just $100,000. The Cambridge House will offer an opportunity to live downtown, close to amenities for an affordable price. However, the majority…

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Do You Need a Realtor to Buy a New Home?

The question has been asked many times – do you need a realtor to represent you for a new home purchase? The answer is a resounding no. Let’s take a look at a typical example: purchasing a new condominium in…

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Tips on Buying a New Home

The typical scenario for a resale (another person’s or used) home involves researching active listings via internet, signage, realtors, realtor websites, open houses etc. followed by viewings and offers through a buyer/listing realtor. Purchasing a new home is significantly different,…

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Ready for the next Market Boom?

Much has been reported about the resale residential housing market in the Central Okanagan; inventory is down, sales are increasing and prices are rising. To put this into perspective, today’s inventory levels are lower than they were at the still…

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Central Okanagan Year-End 2014

Welcome to 2015! The resale market turn-around is complete which will lead to more opportunities in new homes. There are significant signals throughout the Okanagan indicating this continued upward trend, namely; reduced inventory leading to a more competitive selling environment,…

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What? No condo market?

Further to the article “Optimistic outlook helps fuel real estate market resurgence” dated Friday August 1, 2014 in the Capital News, it is noted within the article that “condos have yet to make a comeback”. This statement is not entirely…

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Central Okanagan 2013 Year-End

This is traditionally the time of year for market optimism and without sounding rather cliché, there is some real statistical back-up to make you think that we’ve really turned the corner. 2013 turned out to be a banner year on…

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