Blog & What’s New?

The Numbers April 2010

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 ...

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CMHC

Earlier this month I had the pleasure of attending one of Paul Fabri's presentations on the Penticton Market place at the Penticton Golf and Country Club. I had seen Paul the month before with a similar presentation at the Royal LePage Awards... ...

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Family "fixer upper"

125 Bracewell Dr. $339,900. Seize this opportunity to get a solid home in a great neighbourhood. Columbia heights is a great family area in Penticton BC. Tennis courts, baseball fields, convenience stores all a short walk from this large family home. ...

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New Penticton Listings

Twas a  little damp in the Sunny Okangan this week.  The sun is hiding and yet the day goes on. I processed 2 great new listings in Penticton today. The first is a lakeview townhome at 3948 Finnerty Road. The Second is... ...

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Penticton’s Wine Festival

I have to mention a favorite event is kicking off this weekend. As the locals know Penticton & Wine Country is the ultimate wine connasueur destination and retirement location, its our endless options with world renowned wineries, lakes, and beac ...

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HST

As July 01 2010 approaches many people who are purchasing and selling local real estate have questions. It is a new tax and if  you want to educate yourself then click on the links to read the latest releases. Threshold is $525,000 above... ...

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Why Aren't Condo's Selling?

I study the market segments which I refer to as pockets. I couldn't help but notice that the condo market was slow. Why aren't condo's selling? Graph As many of you know there are a lot of strata's that have imposed age limitations.... ...

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In like a Lamb, Out like a Lion 2009

After beginning the year with low's, buyer confidence in the South Okanagan Real Estate market quickly returned.  Penticton real estate continued to gain momentum monthly until December when we hit near record territory. More homes were sold last  mo ...

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Foreclosure FYI

When considering a purchase on a home that is currently in foreclosure there are some points that are important to understand. As a purchaser you can make an offer on a foreclosed property and have the bank accept it subject to financing,... ...

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