Kelowna Real Estate Pros

Bob Anderson, Marketing Director for Mission Group Properties, talks about the company’s new development in mid-town Kelowna. Published in the Kelowna Capital News, Sunday July 11, 2010 Shauna Nyrose, Contributor The homes at Dwell are a mix of 2 and 3 bedroom townhomes that start at $310,900 including net HST, all featuring rooftop sundecks. We planned, designed and built Dwell entirely during the downturn in the economy.  When we looked at the market, there was obviously a significant over-supply of condos, which is still the case today. As a result, we asked o....

OMREB released it’s July sales stats for the Central Okanagan and the results were not surprising given the trending we have seen this summer.  The market for real estate in the area is significantly quieter this year compared to same time last year, and much slower than even last month.  The sleepy days of summer are definitely upon us. Homes sold in the Central Okanagan in June & July averaged 74 days on the market. Total residential sales for the Central Okanagan in July were 215, down 50% from last year and 33% from last month.  Of those, 105 were single....

Rocky Sethi from Rohit Communities talks about the company’s new development in Black Mountain. Published in the Kelowna Capital News, June 27, 2010 Shauna Nyrose, Contributor Cypress Point is a very fine collection of golf course villas and bungalows  overlooking Black Mountain golf course. The current homes start at less than $500K and feature more than 2,800 sq.ft of living space and include hardwood flooring, granite counters, cultured stone fireplaces, large outdoor decks, and much more.  Living on one of Kelowna’s best golf courses, a short 15 minute....

I am very happy that Nyrose & Associates has kind of carved out our own little niche here in the Okanagan in serving the sales and marketing needs of local developers.  We have had the great fortune to have worked alongside some of the best in the area (Mission Group, Troika Developments, Rohit Communities, etc). So I was thrilled when we landed a new project with a couple of very tall Dutchmen looking to launch a community of affordable single family homes and townhomes on the Westside.  Putting aside my ‘short-man’ syndrome (since I am not technicall....

With the release of the Okanagan Mainland Real Estate Board (OMREB)’s June Report today, we can definitely see that the buyer’s market continues it’s stronghold in Kelowna.  What that means is that there is alot of inventory on the market right now, a good selection for the amount of buyers out there.  I also think there is still a fair bit of uncertainty in the market about the impact of HST.  Not that it will affect most home buyers, but a ‘wait-and-see’ attitude seems to have prevailed amongst buyers this past month. This years sales a....

HST Deadline Headlines… had enough already? Hey, had you heard?  HST is coming… The HST deadline looms large, so I am going to assume that everyone knows the HST is coming July 1st.    I mean, how could you not? All of those screaming headlines, ‘Buy Now and Beat the HST!’ quite frankly are a little patronizing aren’t they?  Yeah, sure, we’re guilty of it too. It’s hard not to fall back on scare tactics to imply a sense of urgency as this deadline approaches. But it occurred to my wife and I as we were perusing the latest editions of local rea....