Vancouver and area real estate blog

December Buyer Survey Results

Posted by on January 30, 2012 | No Comments

December Buyer Survey Results

December was a crazy month for sales with Move up Buyers leading the pack! Move up Buyers made up over 23% of Buyers in December pushing the leader in November “First Time Buyers” to third place. The good news was local Buyers were confident in our market which resulted in over 68% of the Buyers for December, who said December is slow month? Our consistent Alberta Buyer is still active and pursuing Kelowna real estate, even with all the rumours of Albertans buying south of the boarder. We are seeing a good start to 2012 and January remains strong. Our 2011 fall marke....

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Self Employed? What It Could Mean To Future Borrower’s

Posted by on January 23, 2012 | No Comments

Tough Rules If Housing Market Gets Too Hot Financial Post Jan 23, 2012 Garry Marr A new round of mortgage rules from Ottawa could include tough new measures for calculating how the self-employed qualify for loans and tighten regulations for condominium buyers, according to two separate sources. Ottawa remains concerned about the possibility of an inflated housing market and wants to crack down on the practice where consumers self-disclose what they make when applying for a loan. In the case of the condominium buyer, the government continues to consider a proposal that wo....

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Glen”more” – Kelowna’s Glenmore Community Biography

Posted by on January 11, 2012 | No Comments

Glen

The Community of Glenmore Glenmore is one of Kelowna’s oldest and most established neighborhoods. It is situated between downtown and the Kelowna International Airport. Glenmore is an excellent place call home because of its diverse nature and established community atmosphere offering multiple recreation sites, schools, and easy access to amenities. History The Okanagan is known for its agricultural background, but all of this would have not been possible if it weren’t for the vision of several local businessmen who formed the Central Okanagan Lands Ltd. to buy and ....

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