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North Okanagan, BC Real Estate News

By Sharon Lancaster, SRES, Realty Executives Okanagan
(Sage Executive Group Real Estate)
Over the years I have flirted with web design software, hired real estate webmasters, joined Realtor sites, LinkedIn, Active Rain, CRM and listing groups - all in the attempt to be noticed, heard. To rise above the white noise of the internet and other marketing marvels.Until a few years ago, when I slipped away from the mass productive sites, and started fooling with Wordpress templates, uploading my own design, copy, links and most importantly my own thinks.Surfing, touring, learning and tutoring late into the night, and early into the morning.The heights by great men reached and kept were not attained by sudden flight, but they, while their companions slept, were toiling upward in the night.Henry Wadsworth LongfellowToday, many moons later, I am confident to say, I am well on the way...
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Silverstar Mountain Resort - Vernon BC     I think the common name is Disabled Skiing but I prefer to think of this as Ski Ability - Filmed by Kelowna Mortgage Broker Lew MacDonald @ Silver Star Mountain Resort on January 20th 2012.     Make sure to drop by and like their Facebook Page        Silverstar Mountain Resort - Vernon BC     I think the common name is Disabled Skiing but I prefer to think of this as Ski Ability - Filmed by Kelowna Mortgage Broker Lew MacDonald @ Silver Star Mountain Resort on January 20th 2012.     Make sure to drop by and like their Facebook Page        SilverStar Mountain Resort (Silver Star) is a ski resort located near Vernon BC and Kelowna BC.   Silver Star's snow season runs from late November to mid-April weather permitting. Silverstar has won awards on...
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By Don Miller, Your Real Estate Consultant For Life!
(TheDonMillerGroup@Century 21 Executives Realty)
Hurry - don't wait on this one, give us a call toll free on 1-877-277-4073 If you would like more information on real estate in and around the Okanagan area of British Columbia in Canada be sure to click here Thanks for watching! Don
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SilverStar Ski Resort Vernon, BC Welcome to Silver Star Mountain Resort, where your home is a winter and summer playground! Invest in one of Canada's premiere 5 Star ski resorts. Put your senses in overdrive. Carve through fresh champagne powder on the slopes, dine at your choice of restaurants, indulge in a relaxing spa treatment and take in shopping in stores influenced from near and afar. There's a great variety of family fun at Silver Star; enjoy skating, tobogganing, tubing, snowshoeing and more! In Spring and Summer this outdoor adventure land offers hiking, mountain biking and plenty of special events. http://www.silverstarproperties.ca/         Delis/ Pubs/ Restaurants: Name: Contact Info: Bean to Cup (250) 542-2289 Bugaboos Bakery (250) 545-3208 Bulldog Grand Cafe (250) 542-24...
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By Calvin Carr, Shawna Sidhu
(The Open Door Team, RE/MAX Vernon)
Mid February already and Valentines buying is in full force! Even our almost 3 year old granddaughter blurted out last night that she wants a Valentines cake??? The power of advertising! So how do we make sense of “advertising” surrounding the housing market? Is it time to list? Time to start looking to buy? The question many of our buyers ask us at this time of year is - will the homes coming onto the market in the Spring be listed on average at lower or higher pricing than the current inventory? Should they wait to see what new homes will come on as there will be more choice; or if newly listed homes come on to the market at a higher price is it better for them to purchase now before prices go up? Looking at the actively listed homes for 1st of February versus 1st of January, we find ...
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By Kelowna Real Estate Lew MacDonald Realty Match
(Facebook, Twitter, LinkedIn, YouTube)
Pre Great day skiing at Silverstar   Pre-qualify for your next home with Lew MacDonald,  Mortgage Broker at Verico Tailor Made Mortgages in Kelowna BC at www.MortgageBrokersOkanagan.com Lew MacDonald Okanagan broker / owner Verico Tailor Made Mortgages 250-862-6101 Email: Lewis@VTMM.ca Online Application     www.MortgageBrokersKelowna.com Financing Available for BC: CMHC Mortgages Conventional Mortgages Fixed Rate Mortgages Equity Take Out Mortgages Private Mortgages from 6.95% in BC First Time Home Buyer Loans available Move Up Buyers looking to advance their real estate holdings Vacation Homes for the up and comers 2nd Home Loans with pricing as good as Primary Loans Investment Property Financing with 20% down   Enter your email address to receive a free subscription to LewTube Magaz...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
We've begun to post our 2010 North Okanagan Real Estate Sales Recap series on our website. The first post in this series shows the number of residential real estate sales transactions in one pie chart, and the distribution of dollar values in the second pie chart. View North Okananan real estate sales numbers. Total number of residential real estate transactions in the North Okanagan Zone was 1452 generating a total sales value of $488,339,315. We are in the process of updating our Neighbourhood pages with the final 2010 data and sold reports so check back often to see what happened in Neighbourhoods that are of particular interest to you.  See you online,  Brell ~ Brenda Ellis REALTOR ® Your Okanagan Real Estate Umbrella  with  Century 21 Executives Realty Ltd       (250)549-2103 Offic...
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  Big White serving Kelowna BC and SilverStar serving Vernon BC have received a huge dump of snow   Pre-qual for your Big White or SilverStar Vacation Home with Lew MacDonald,  Mortgage Broker at Verico Tailor Made Mortgages in Kelowna BC at www.MortgageBrokersOkanagan.com Lew MacDonald broker / owner Verico Tailor Made Mortgages 250-862-6101 Email: Lewis@VTMM.ca Online Application www.MortgageBrokersKelowna.com             Financing Available for BC: CMHC Mortgages Conventional Mortgages Fixed Rate Mortgages Equity Take Out Mortgages Private Mortgages from 6.95% in BC First Time Home Buyer Loans available Move Up Buyers looking to advance their real estate holdings Vacation Homes for the up and comers 2nd Home Loans with pricing as good as Primary Loans Investment Property Financing w...
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  Big White serving Kelowna BC and SilverStar serving Vernon BC have received a huge dump of snow   Pre-qual for your home with Lew MacDonald,  Mortgage Broker at Verico Tailor Made Mortgages in Kelowna BC at www.MortgageBrokersOkanagan.com Lew MacDonald broker / owner Verico Tailor Made Mortgages 250-862-6101 Email: Lewis@VTMM.ca Online Application www.MortgageBrokersKelowna.com       Financing Available for BC: CMHC Mortgages Conventional Mortgages Fixed Rate Mortgages Equity Take Out Mortgages Private Mortgages from 6.95% in BC First Time Home Buyer Loans available Move Up Buyers looking to advance their real estate holdings Vacation Homes for the up and comers 2nd Home Loans with pricing as good as Primary Loans Investment Property Financing with 20% down   Enter your email address...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Below you will find information about what has happened in North Okanagan (Vernon BC and area) real estate in the month of August 2010.  For more detailed information on properties that sold this month visit our Market Trends page. In  addition you can also access a slide presentation that will provide a look at the key performance indicators in the local North Okanagan real estate market from 2000 forward on our site. NORTH Okanagan Real Estate August 2010 Market Update   Condo / Apartment   Listings Sold 12 New Listings 16  Current Inventory 201 Absorption Rate 5.97% Days to Sell 110 Range 34 - 213 Average Price $181,192 Median Price $160,000 Range $132,000 - $280000 Hottest Neighbourhood West Vernon area       Condo / Townhouse   Listings Sold 14 New Listings 29  Current Inventory 23...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Here are the numbers - and unless you are a Buyer these are not too pretty or encouraging.  Feel free to contact us for more specific details  or visit our North Okanagan Real Estate Stats Page to access reports on sold properties.   Condo / Apartment    Listings Sold 9 New Listings 19 Current Inventory 225 Sell/Inv ratio 4.00% Days to Sell 137 Range of days to sell 33 - 328 Average Price $170,111 Median Price $155,000 Range $130,000-$225,000 Hottest Neighbourhood City of Vernon   Condo / Townhouse    Listings Sold 16 New Listings 43 Current Inventory 245 Sell/Inv ratio 6.53% Days to Sell 117 Range of days to sell 9 - 430 Average Price $270,778 Median Price $287,175 Range $124,500 - $500,000 Hottest Neighbourhood East Hill   Building Lot    Listings Sold 1 New Listings 66 Current Invent...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Our friends at ASHPA NAIRA & HEADBONES GALLERY present Pulled BC 2/2 A Print Show Featuring 12 Midnite Performing live from his CD Suicide Ride August 6 – August 29, 2010 Opening Reception: Saturday, 7 August, 4-7 PM Ashpa Naira Gallery 9492 Houghton Rd. Vernon, BC V1H 2C9 Tel: 250.549.4249 W: www.ashpanairagallery.com W: www.headbonesgallery.com There is something about a multiple, about seeing the same image reproduced - doubled, tripled, quadrupled, multiplied! - that inspires a deep breath of satisfaction. Not only is the fascination with the increase of quantity brought into play but also the quality in the similarity of each print to the other. Pulled BC 2/2 satisfies the desire for exactitude of sameness. Reproduction (multiplying) is, after all, a basic concept of life. Original...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
This synopsis is based on information generated from the Okanagan Mainline Real Estate Board database on Sunday August 1, 2010 at 9:00 am. An overview of each property sold is available for download here. North Okanagan, (Vernon BC and area) real estate saw 17 properties move to sold status between  July 19, 2010 and July 25, 2010 North Okanagan neighbourhoods that had real estate sales activity included: Armstrong BC /  Spallumcheen BC Enderby BC / Grindrod BC East Hill, Vernon BC Harwood, Vernon BC North BX, Vernon BC Okanagan Landing, Vernon BC Okanagan North, Vernon BC (Westside Road Area) City of Vernon, Vernon BC  In this same period of time 68 listings were activated in the North Okanagan. Again listings continue to outpace the number of sales dramatically. Realtors - doing what ...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Join Xeriscape specialist Gwen Steele for an informative presentation on xeriscaping on Saturday August 7 from a0 am to noon. There really is more to this form of gardening than covering your entire yard with gravel - Think of it as gardening WITH nature.   Some of the benefits of this type implementing this type of garden in your Okanagan yard include:   •·         Enhancing the real estate value of your home with an attractive and water conserving landscape. •·         Reducing water use- depending on the design and the plants used, water use can be reduced by over 50%. •·         Saving time- less watering, trimming, weeding and mowing. •·         Saving money- less water, chemicals, fertilizer, and replacement of dead plants. •·         Elimination of pesticide/herbicide use- plant...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Friday July 23, 2010 North Okanagan Real Estate Market Round-up   Visit our market portal sites to get updated on the Vernon BC and area real estate market. Each category below has had a change - new listings or price changes today. The Homes for sale links include all types of single family residences, but do not include townhomes, apartments, condos , building lots or acreages.   Enderby BC homes for sale Coldstream BC homes for sale Armstrong BC homes for sale   The Real Estate for sale links include all residential property types - single family, strata, bare land, homes on acreage and recreational properties.   Grindrod BC real estate for sale Enderby BC real estate for sale Coldstream BC real estate for sale Armstrong BC real estate for sale   We will be adding categories to our p...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Based on the information just released by the Okanagan Mainline Real Estate Board, Here is an overview of what has happened in the North Okanagan ( Vernon BC and surrounding communities) real estate in June of 2010. More details about sold MLS properties North Okanagan real estate in the last 8 weeks are available for download by visiting our statistics page.   Residential   New Listings 170 Listings Sold 50 Average  Price $432,796 Range $165,000 - $965,000 Days to Sell 97 Range 1 - 345 Inventory 880 Hottest Neighbourhood Coldstream   Condo / Apartment   New Listings 39 Listings Sold 10 Average Price $267,598 Range $129,000 - $480,000 Days to Sell 69 Range 7 - 305 Inventory 233 Hottest Neighbourhood Okanagan Landing   Condo / Townhouse   New Listings 49 Listings Sold 17 Average Price $2...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
This synopsis is based on information generated from the OMREB database on Monday, June 28, 2010 at 9:00 am. An overview of each property sold is available for download here. Thirty properties sold in North Okanagan, Vernon BC and area real estate between June 14th and June 20th. Listing prices ranged from $99,000 - $849,900 with an average of $389,460Sale prices ranged from $95,000 - $800,000 with an average of $375,122 Days on the market for the listings that sold ranged from 5 - 782 with an average of 129 days. The total value of real estate traded in the North Okanagan Vernon BC area valued out at $11,253,67 over the 30 transactions. Sales included: 1 acreage 1 apartment 1 double wide manufactured home 3 half duplex units 4 building lots 1 recreational property with home 6 single fa...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Here are the updated North Okanagan real estate statistics for March 2010. If you have been following our stats updates for awhile - you will want to note that we have made a change - we are now reporting the AVERAGE sale price. This is due to the change in the software we are using -currently the process to obtain the median price is not available without massive tech work - while we can get the average at the push of a button. - In this instance - expediency wins over what we WANT. For more information about North Okanagan Real Estate Sales and the history of the real estate market visit our Market Wise Page   Residential   New Listings 247 Listings Sold 72 Average Price $364,715 Range $100,000-$875,000 Days to Sell 95 Range -4 to 641 Inventory 727 Hottest Neighbourhood East Hill   Co...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
The Oaks Townhomes are conveniently located in Vernon BC  and a significant part of the City's exciting new waterfront revitalization plan for a tourist commercial sector cradling the end of Okanagan Lake. The Oaks townhomes offer the very best in Okanagan living. Minutes from the beach, airport and world recognized golf destinations . Imagine your home, nestled in a natural park-like setting, designed with clean, simple lines highlighted with natural timber. The theme continues with home interiors that blend modern architecture, detailed natural finishing and practical functionality. Vaulted ceilings, lofts, decorative railings, hardwood flooring and elegant cabinetry are featured in an easy living space. Click here to see photos from the Kalamalka Unit show home. We have limited numbe...
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By Brenda Ellis
(OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty)
Here are the numbers for North Okanagan real estate market activity for October 2009. This includes real estate transactions from Enderby, Armstrong, Coldstream, Lumby, Cherryville, Falkland and Vernon BC real estate and the surrounding areas. You can see a slide presentation on our web site of the last 2 years key performance indicators and the North Okanagan real estate trends. We will post our rolling update information shortly. `Residential New Listings 118 Listings Sold 73 Median Price 354,000 Range $165,000-$2,640,000 Days to Sell 111 Range 0-838 Inventory 621 Hottest Neighbourhood East Hill   Condo / Apartment New Listings 15 Listings Sold 7 Median Price $165,000 Range $93,000 -$240,000 Days to Sell 129 Range 36 - 361 Inventory 139 Hottest Neighbourhood Alexis Park   Condo / Town...
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