Kelowna Real Estate Pros

All too often, the reports coming from the media are very negative about our current real estate market.  And admittedly, it has been a rather tumultuous ride for the last few years in Kelowna real estate, and North America in general! However, not all news has to be bad news, and the Central Okanagan April statistics speak for themselves.  Single family residential sales went up 20% in April 2013 over April 2012, which is a huge relief given that March 2013 was slower than usual. There were also sales increases in the townhomes category and a huge increase of 72% for ....

The March 2013 Buyer’s Survey results were recently released, and with it came findings that weren’t too surprising.  They may even be considered a little bit encouraging! The majority of homes purchased in our board area for March, were move-up buyers.  And why not?  Great prices, fantastic selection and financing rates that are unprecedented.  Now is the perfect time to make the jump into a bigger space! Not surprisingly, most of our buyers hail from Kelowna/West Kelowna already…. And now the good news- the Alberta buyers are back!  Next to the l....

The infamous spring real estate market officially kicked off in March, but it didn’t come in as the proverbial lion.  Despite how the media reports it though, not all news is bad news in the world of real estate. Sales were up significantly for both townhomes and lots.  Townhome sales jumped 34% over this time last year and lots by 31% over this time last year.  The great thing about lots being sold is it typically means a home of some sort is going to be built on it, which in turn creates work for the construction industry and all of the various trades involved....

Despite all the gloomy reports and predictions surrounding the Kelowna real estate market, there are still signs of an upswing in the air.  The BC Huffington Post reports that housing starts will actually trend up this year.  This prediction is courtesy of CMHC who says housing starts will rise from it’s current 27,400 to almost 29,000.  While prices will remain fairly constant for the time being, there will be a slight increase come 2014. The majority of the housing starts activity is expected in Vancouver, with KELOWNA and Abbotsford-Mission areas also seeing ....

On the theme of my last blog, I am also proud to  announce the Nyrose & Associates team was fortunate enough to receive more than one Coldwell Banker® award- we are actually the recipients of 3 different awards! In addition to the President’s Elite Award we received (which I blogged about a couple days ago), we were also the recipients of an award for being one of the Top 10 teams in all of Canada for Coldwell Banker and in fact, we took the #3 spot nationally in 2012 for total production! But perhaps the most surprising award we received was for being Coldwe....

There are jobs out there where you seem to work tirelessly at it, but rarely get recognized for the fruits of your labours.  And while that doesn’t make the job any less worthwhile, it is so much more rewarding when you DO get kudos for a job well done! The team of Nyrose & Associates was thrilled to receive some awards in recognition of our hard work.  As a team, we are very honored to receive the Coldwell Banker® International President’s Elite Award for Teams. This award specifies that we are in the TOP 6% of teams Internationally for Coldwell Banke....