Recently, there are now about 174 homes in foreclosure in the central Okanagan (Kelowna). This is a 10-fold increase from one year ago. Most foreclosures that we come across as real estate agents are the result of divorces or speculators who bought during the 2006-2007- market peak. (source: Ozzie Jurock)
If you want the scoop on Penticton foreclosures, let me know!
FYI: 348 Comox St, Penticton SOLD $210,000 Pent in Court multiple offers presented to Judge
Current Foreclosures in Penticton:
1439 Leir St. Shown below: