March 27, 2023 - The federal government announced amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act's regulations that came into force Jan 1, 2023. Here's what you need to know: [blog_features] The original law which bans foreign buyers from purchasing residential real estate until 2025, was supposed to ease pressure […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose March 1, 2023 Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in February 2023 and why he's pumped for the rest of 2023. When comparing to last year's numbers, don't worry. February 2022 was crazy. […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS Buying NEW - When Is The Best Time To Buy New Construction? (Part 3 of is Buying New a Good Investment in Kelowna) In part 1 of the series “Is Buying New a Good Investment in Kelowna” we looked at what makes a new build a good […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose February 1, 2023 - Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in January 2023 and why he's excited for the spring market. We've all just experienced the upward tailspin that was 2021/early-2022 Kelowna real estate. […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose January 1, 2023 - You know the saying "in like a lion and out like a lamb"? That is a great way to describe the real estate market in 2022. The market started out HOT, and with far more buyers than […]
New Strata Laws - Here's What Happened in Real Estate in 2022 New strata legislation came into effect in November 2022 that deemed almost all rental by-laws no longer enforceable. A couple of bylaws that remain in effect include short-term rental bylaws prohibiting Airbnb type rentals and age restrictions for 55-and-over strata communities/buildings. This was […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose December 1, 2022 - In this month's Kelowna Market Watch report, REALTOR® Darcy Nyrose provides a synopsis for what's currently happening in the Kelowna real estate market. Sales volume is down across the board in November (vs October 2022 and Nov. […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose November 1, 2022 - In this month's Kelowna Market Watch report, REALTOR® Darcy Nyrose recaps the Kelowna real estate market activity for October 2022 and zeroes in on a few popular neighbourhoods and their micro-market activity. Because different pockets of Kelowna […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose October 1, 2022 - In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for September 2022 and things to watch out for as we head into fall; including, interest rates and elections. Plus, if you think there's […]
Moving On Up is Getting More Difficult The pricing gap between home categories makes it difficult for many households to up-size. It's no secret that Kelowna housing prices have increased tremendously in recent years - cities across Canada are seeing similar growth in pricing and activity. While we often compare pricing by category types on […]
Live Where You Play... Golf Course Living in Kelowna Kelowna’s golf season is the envy of Canada - with an average of over 2000 hours of sunshine each year, Kelowna offers a long, dry season to get in more rounds. And, because of our rolling hills, mountains, lake views, orchards and vineyards, it doesn’t matter […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS With so much new development happening in and around Kelowna, it seems everywhere you look are 'coming soon' signs. Why aren't the homes for sale yet and why does it often take so long to get pricing, floorplans and information? What To Know About Coming Soon What […]
In March, 2010, on the heels of hosting the Winter Olympics, the average price for a single family home in Vancouver hit $1-million. Now, Kelowna’s market is in a very similar position. The big difference between then and now, is Kelowna’s real estate prices aren’t as isolated as Vancouver’s were at the time - Greater […]
In March 2020, The Bank of Canada dropped its overnight interest rate to a historically low 0.25%. This encouraged would-be buyers to purchase homes. With this, activity in many markets rose, and in markets with already low inventory, there was a further increase in competition to purchase homes, leading to record-high sales prices. This was […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS Is Buying New a Good Investment in Kelowna - Part 2 In part 1 of the series “Is Buying New a Good Investment in Kelowna” we looked at what makes a new build a good investment along with the overall risks and rewards of buying a new […]
Thinking of moving to Kelowna? Wondering what neighbourhood is best for your family?
Is there such a thing as the perfect family home? Well, let's put it this way. There's a perfect home out there for your family. Every family's definition of what would be perfect for them depends on their price range, family needs and lifestyle. As well, what might be perfect for a family with small, […]
"Don't wait to buy real estate, buy real estate and wait" - Will Rogers Even in a seller's market, buyers can be successful with their real estate purchases. [blog_features index="1,2"] 7 Top Tips For Buying a Home in Seller's Market 1. Narrow Down Your Wish List Be realistic with what you want and need […]
Kelowna REALTOR® Darcy Nyrose (PREC*) answers : “What Do I Need to Know When Buying a New Home?” If you're buying a new home in Kelowna, you want your advice to come from an experienced real estate agent like Darcy Nyrose. Prior to moving to Kelowna in 2008, Darcy worked in Vancouver as Vice President […]
Kelowna Realtor Karen Mustard answers one of the most asked questions in real estate: "What are the biggest mistakes you've seen buyers make?" Top 11 Mistakes Home Buyers Make and How to Avoid Them Buying a house is a big decision, but it doesn't have to be difficult or more stressful than it needs to […]
REW recently published the 5 Best Cities for Recent Graduates. We're not surprised Kelowna made the list. Here's what REW had to say about Kelowna: 2. Kelowna, British Columbia Why it’s great for new graduates: Lifestyle and Entrepreneurship Accessibility TheKelowna lifestyle is pretty attractive to many new graduates, which is why it’s consistently listed as […]
How do you know which REALTOR is the right fit for you? With so many realtors in Kelowna, chances are you know a few, or have friends or family that know a few. Choosing a realtor can make for an excruciating decision. And, just because a realtor worked well with your neighbour (or your best […]
Kelowna REALTOR® Danny Kupkowski answers one of the most frequently asked questions when it comes to buying a home: "What should I bring when I go looking at homes?" House hunting is an exciting part of the home buying process. While drive-bys, looking at photos, watching videos or even doing a 3-d virtual tour of […]
When you start talking real estate, you’ll hear jargon terms such as Buyers’ Market, Sellers’ Market and Absorption Rate. Everyone will have an opinion on whether now is a good time to sell your home, buy, move up or down in the market or even panic about your current real estate investment(s). What does this […]
