Central Okanagan Real Estate Report for Kelowna, West Kelowna, Westbank, Peachland and Lake Country:
Dependably Yours,
Showing posts with label REALTOR®. Show all posts
Showing posts with label REALTOR®. Show all posts
Wednesday, January 6, 2016
Thursday, November 5, 2015
October 2015 Real Estate Report For Kelowna and Central Okanagan
Below is a Central Okanagan Real Estate October 2015 Marketshare Report for the cities of: Peachland, West Kelowna, Westbank, Kelowna and Lake Country.
Dependably Yours,
Wednesday, September 30, 2015
Saturday, August 8, 2015
Okanagan Wineries Dominate National Wine Awards of Canada
The results are in from the 2015 WineAlign National Wine Awards of Canada and there's no surprise that Okanagan wineries have captured 17 spots in the list of Canada’s Top 25 Wineries. A special congratulations to Mission Hill Winery for being given the nod for the fourth time as Canada's Winery of the Year for 2015!
Another reason why the Okanagan Valley is renowned for it's beauty and hospitality...
Dependably Yours,
Jason
Sunday, January 18, 2009
BC Home Sales Decline by One-Third in 2008
The following BCREA article shows the stark changes to the Okanagan Real Estate Market from December 2007 to December 2008. Although the statistics may not favour a Seller in today's market, they certainly do favour a Buyer. Interest rates continue to stay low and in doing so allow first time home buyers more advantage of getting into the marketplace.
Vancouver, BC – British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 31 per cent to $31.3 billion in 2008, compared to 2007. Residential unit sales declined 33 per cent to 68,923 units last year, the lowest level since 2000, when 54,179 transactions were recorded. The average MLS® residential price in 2008 was $454,599, up 3.5 per cent from 2007.
“The housing market came in like a lion and went out like a lamb in 2008,” said Cameron Muir, BCREA Chief Economist. “Home prices reached a record high in March, but edged lower during the balance of the year.” The average residential sales price hit $483,291 in March and ended the year at $429,210, an 11 per cent decline in nine months.
“The global financial crisis, a sharp correction in the equity markets and a recessionary environment in Canada has wreaked havoc on consumer confidence,” added Muir. “While it’s difficult to predict when consumer confidence will strengthen, home affordability is quietly improving as lower prices and mortgage interest rates increase the buying power of BC households."
December MLS® residential sales dollar volume in the province declined 52 per cent to $1.05 billion, compared to December 2007. Provincial MLS® sales were down 49 per cent to 2,456 units, while the average residential price declined 6 per cent to $429,210 over the same period.
Full article courtesy of BCREA
Sincerely,
Jason Neumann
Vancouver, BC – British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 31 per cent to $31.3 billion in 2008, compared to 2007. Residential unit sales declined 33 per cent to 68,923 units last year, the lowest level since 2000, when 54,179 transactions were recorded. The average MLS® residential price in 2008 was $454,599, up 3.5 per cent from 2007.
“The housing market came in like a lion and went out like a lamb in 2008,” said Cameron Muir, BCREA Chief Economist. “Home prices reached a record high in March, but edged lower during the balance of the year.” The average residential sales price hit $483,291 in March and ended the year at $429,210, an 11 per cent decline in nine months.
“The global financial crisis, a sharp correction in the equity markets and a recessionary environment in Canada has wreaked havoc on consumer confidence,” added Muir. “While it’s difficult to predict when consumer confidence will strengthen, home affordability is quietly improving as lower prices and mortgage interest rates increase the buying power of BC households."
December MLS® residential sales dollar volume in the province declined 52 per cent to $1.05 billion, compared to December 2007. Provincial MLS® sales were down 49 per cent to 2,456 units, while the average residential price declined 6 per cent to $429,210 over the same period.
Full article courtesy of BCREA
Sincerely,
Jason Neumann
Tuesday, January 6, 2009
Chattels and Fixtures: What are They?
Area Rug - Chattel
Bathroom Mirror - Fixture
If you are thinking of selling your home, you may be wondering whether you should take the custom-made window coverings with you, or whether that entertainment unit you had specially made for your family room should be sold with the house.
Undoubtedly, these items may be hard to part with. On the other hand, they will probably make your home much more attractive to potential purchasers if you include them in the sale. In fact, it is quite common for vendors to include some items that would normally be considered as "chattels" - such as drapes and appliances - in the sale of their homes as an extra incentive to buyers.
Simply stated, chattels are things that can be removed from a property because they are not attached to the walls or to the property. Fixtures, on the other hand, are things that are attached to the property - things like light sockets, a hot tub or electric wall heaters.
The law is not always crystal clear about what is considered a fixture but your REALTOR® will help you decide and clarify what you want to include in the sale of your home.
Full article courteousy of OMREB
Bathroom Mirror - Fixture
If you are thinking of selling your home, you may be wondering whether you should take the custom-made window coverings with you, or whether that entertainment unit you had specially made for your family room should be sold with the house.
Undoubtedly, these items may be hard to part with. On the other hand, they will probably make your home much more attractive to potential purchasers if you include them in the sale. In fact, it is quite common for vendors to include some items that would normally be considered as "chattels" - such as drapes and appliances - in the sale of their homes as an extra incentive to buyers.
Simply stated, chattels are things that can be removed from a property because they are not attached to the walls or to the property. Fixtures, on the other hand, are things that are attached to the property - things like light sockets, a hot tub or electric wall heaters.
The law is not always crystal clear about what is considered a fixture but your REALTOR® will help you decide and clarify what you want to include in the sale of your home.
Full article courteousy of OMREB
Monday, January 5, 2009
Candles and more candles
Some tips on how to keep your candles burning long and bright.
Make them burn longer. Pop candles into the fridge for a few hours before lighting them for the first time. It makes the wax harder so the candles last longer.
Give them a trim. Cut wicks down to the 1/4" before lighting your candles. A wick that it is too long makes flames too high and starts to produce dirty soot.
Look for the tear. Your flame should be teardrop shaped. If it's not, your candle isn't burning cleanly and is releasing smoke into the air. For a quick fix, trim the wick and check for any drafts disturbing the flame.
Keep a safe distance. Position candles at least three inches apart to prevent them from melting each other or causing drafts that can make them burn unevenly.
Wax on your tablecloth? Let it harden, then rub the cloth between your hands so most of it chips off. With a warm iron, press between paper towels to absorb the remaining wax.
This article was used with permission from Pillar to Post
Take care and happy waxing!
Sincerely,
Jason Neumann
Friday, January 2, 2009
Five uses for wax paper
Wax Paper Smart Uses
1. Water Spots. To prevent water spots, rub chrome fixtures with wax paper after cleaning them, then buff lightly. This will leave a thin coating that deflects water and helps stop smudges.
2. Shower Curtain. Rub a little wax paper on the bar and your shower curtain will glide with ease.
3. No-fuss Fridge. Forget struggling to wipe the top of your fridge. Cover it with wax paper! It will catch all the dirt that comes into contact with it. Then once a month replace it and no more dust or grim.
4. Can Opener Issues. Run a piece of wax paper through the gears. It will help to loosen dirt and coat the wheels do they will run more smoothly.
5. Re-cork Wine. Slip a cork back into an unfinished bottle of wine by wrapping wax paper around it for easy removal.
This article was used with permission from Pillar to Post
Take care and happy waxing!
Sincerely,
Jason Neumann
Thursday, November 6, 2008
What to Expect from a REALTOR®
Buying or selling a home may be one of the biggest financial transactions you will make in your lifetime. It can also be a very complicated and frustrating process.
You will need a professional to help you every step of the way. A professional who is highly trained, knowledgeable and has ethics beyond reproach. Your best friend in a real estate transaction is a REALTOR®, a member of your local real estate board and the British Columbia Real Estate Association.
You can expect a great deal from a REALTOR® whether you are buying or selling.
When you are selling your home . . .
The REALTOR® you choose is working for you, the vendor, and not for the people who are the potential buyers of your home.
The REALTOR® gets paid, usually in the form of a commission, from a percentage of the proceeds of the selling price of your home.
In line with the strict code of ethics the REALTOR® must follow, he or she will disclose this arrangement to you clearly, fully and in writing.
The REALTOR® is experienced in the marketplace and can offer you expert advice on what price to set for your house, how you can make your house more attractive to potential buyers and what marketing plan will sell your home quickly, efficiently and smoothly.
The REALTOR® has contacts among potential buyers currently looking for a home. He or she can quickly separate the merely curious "lookers" from the "buyers".
As a member of the local real estate board, the REALTOR® can list your home on the Multiple Listing Service (MLS®), which gets the details about your home into the hands of thousands of potential buyers. Only REALTOR®S are able to list homes on MLS®.
When you are buying a home . . .
The REALTOR® will make it crystal clear to you whether he or she is working for you, the buyer, or the seller.
Special arrangements can be made so that the REALTOR® becomes your agent for buying a home. The REALTOR® is bound by ethics to disclose this relationship to potential vendors you may deal with.
With his or her wide experience and contacts, the REALTOR® can direct you to your potential "dream home" much more quickly and efficiently, saving you many hours and lots of frustration checking the ads and driving around.
A REALTOR® has access to thousands of listings on the Multiple Listing Service (MLS®).
The REALTOR® is usually paid by the vendor; this is the case whether the REALTOR® works for the seller or the buyer. When a REALTOR® working as your agent helps you buy a house, he or she usually is paid from the commission paid to the vendor's REALTOR®.
Whether buying or selling, a professional REALTOR®'s services can be invaluable. Their advice can save you from making bad choices and help make your home buying or selling experience a positive one.
Multiple Listing Service, MLS®, REALTOR® and REALTORS® are registered trademarks of the Canadian Real Estate Association. REALTOR® identifies a real estate practitioner who is a member of the Association.
Article courtesy of OMREB
Sincerely,
Jason Neumann
You will need a professional to help you every step of the way. A professional who is highly trained, knowledgeable and has ethics beyond reproach. Your best friend in a real estate transaction is a REALTOR®, a member of your local real estate board and the British Columbia Real Estate Association.
You can expect a great deal from a REALTOR® whether you are buying or selling.
When you are selling your home . . .
The REALTOR® you choose is working for you, the vendor, and not for the people who are the potential buyers of your home.
The REALTOR® gets paid, usually in the form of a commission, from a percentage of the proceeds of the selling price of your home.
In line with the strict code of ethics the REALTOR® must follow, he or she will disclose this arrangement to you clearly, fully and in writing.
The REALTOR® is experienced in the marketplace and can offer you expert advice on what price to set for your house, how you can make your house more attractive to potential buyers and what marketing plan will sell your home quickly, efficiently and smoothly.
The REALTOR® has contacts among potential buyers currently looking for a home. He or she can quickly separate the merely curious "lookers" from the "buyers".
As a member of the local real estate board, the REALTOR® can list your home on the Multiple Listing Service (MLS®), which gets the details about your home into the hands of thousands of potential buyers. Only REALTOR®S are able to list homes on MLS®.
When you are buying a home . . .
The REALTOR® will make it crystal clear to you whether he or she is working for you, the buyer, or the seller.
Special arrangements can be made so that the REALTOR® becomes your agent for buying a home. The REALTOR® is bound by ethics to disclose this relationship to potential vendors you may deal with.
With his or her wide experience and contacts, the REALTOR® can direct you to your potential "dream home" much more quickly and efficiently, saving you many hours and lots of frustration checking the ads and driving around.
A REALTOR® has access to thousands of listings on the Multiple Listing Service (MLS®).
The REALTOR® is usually paid by the vendor; this is the case whether the REALTOR® works for the seller or the buyer. When a REALTOR® working as your agent helps you buy a house, he or she usually is paid from the commission paid to the vendor's REALTOR®.
Whether buying or selling, a professional REALTOR®'s services can be invaluable. Their advice can save you from making bad choices and help make your home buying or selling experience a positive one.
Multiple Listing Service, MLS®, REALTOR® and REALTORS® are registered trademarks of the Canadian Real Estate Association. REALTOR® identifies a real estate practitioner who is a member of the Association.
Article courtesy of OMREB
Sincerely,
Jason Neumann
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