All the locals are talking. And it is true; Penticton home inventory is low.
Back to Penticton real estate after two full fabulous weeks in Mexico, Puerto Vallarta. On the plane, I had to pry my three-year-old out of his carefully selected...
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Well, we all know that Vancouver has been on fire! Asian buyers coming in and buying lots of condos. In the Okanagan, we are not realizing that spin off. We tend to follow the trends of the big city yet, last...
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The great part of working in a large office is the knowledge you gain from experienced, helpful and friendly co-workers. I have said it before and I will say it again, many people believe we are in a "cut-throat industry"; but...
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The condo doesn't match the building! Most of you Pentictonites know of the 3 older buildings in the cul-de-sac by Skaha Lake. These 3 buildings have smaller condo's mostly vacation, rented out or occupied by young couples or single...
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It's that special time of year again, home shoppers have plenty to chose from and as a result are putting pressure on local home prices. Penticton however is a little piece of paradise holding its own as we crunch the local numbers. HST...
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The Numbers - April 2010
The historically busy spring real estate market is in full swing. All activity (both on the buyer and seller sides) has picked up significantly in the Penticton's real estate market. Despite supply outpacing increasing demand, we are...
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According to the Financial Post, the government of Canada is going to make it just a little more difficult to qualify for a mortgage. Buyers are no undoubtedly taking advantage of record low-interest rates to...
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The Bank of Canada met this morning and has left rates unchanged. Much media anticipation was looking for Mr. Carney to follow Australia's increase but has stated that different influences are present here in North America and we may not see...
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Vancouver, BC – May 26, 2009. As part of its Spring 2009 Housing Forecast, the British Columbia Real Estate Association (BCREA) reported today that housing market conditions have improved more rapidly than expected. As a result, BCREA has revised its home...
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