Blog | Kelowna Real Estate Market News - Kelowna Real Estate I Kelowna MLS For Sale

10 Home Upgrades to Make Your Property More Attractive to Buyers

Why make Home Upgrades? After a challenging 2024 for many Home Sellers, I know some of you will be looking to try again in Spring & will be looking for an edge! With interest rates predicted to reduce further, the Kelowna Real Estate market is hoping for the Spring season to be busier. So, this […]
BC Real Estate Market, Kelowna Real Estate Market

New BC Home Flipping Tax: What You Need to Know

Starting January 1, 2025, British Columbians will face a new BC Home Flipping Tax, adding yet another layer of financial consideration for those selling properties within a short timeframe. Coupled with the Federal Property Flipping Tax introduced by the CRA in 2023, this marks a significant shift in how short-term real estate transactions are taxed. […]
Understanding Homebuyer Closing Costs – A Complete Guide

Buying a home is an exciting journey, but many buyers overlook one important step: understanding the Homebuyer Closing Costs. These are the additional expenses required to finalize your purchase, and they can catch you off guard if you’re not prepared. In this guide, I’ll break down everything you need to know about closing costs, how […]
Kelowna Real Estate Market News Prices and Trends December 2024

Welcome to the December Kelowna Real Estate Market Report! After a strong rebound in October, November’s Single-Family Homes & Town Homes sales were more subdued, with condos standing out as the exception. Encouragingly, all major property categories posted year-over-year gains compared to November 2023, hopefully signalling the start of some steady long-term growth. One notable […]

10 Home Upgrades to Make Your Property More Attractive to Buyers Why make Home Upgrades? After a challenging 2024 for many Home Sellers, I know some of you will be looking to try again in Spring & will be looking for an edge! With interest rates predicted to reduce further, the Kelowna Real Estate market is hoping for the Spring season to be busier. So, this […]

BC Real Estate Market New BC Home Flipping Tax: What You Need to Know Starting January 1, 2025, British Columbians will face a new BC Home Flipping Tax, adding yet another layer of financial consideration for those selling properties within a short timeframe. Coupled with the Federal Property Flipping Tax introduced by the CRA in 2023, this marks a significant shift in how short-term real estate transactions are taxed. […]

Understanding Homebuyer Closing Costs – A Complete Guide Buying a home is an exciting journey, but many buyers overlook one important step: understanding the Homebuyer Closing Costs. These are the additional expenses required to finalize your purchase, and they can catch you off guard if you’re not prepared. In this guide, I’ll break down everything you need to know about closing costs, how […]

Kelowna Real Estate Market News Prices and Trends December 2024 Welcome to the December Kelowna Real Estate Market Report! After a strong rebound in October, November’s Single-Family Homes & Town Homes sales were more subdued, with condos standing out as the exception. Encouragingly, all major property categories posted year-over-year gains compared to November 2023, hopefully signalling the start of some steady long-term growth. One notable […]

Kelowna Real Estate Market Buying Strata Property in BC? – Essential Questions to Ask Are you thinking of Buying a Strata Property in BC? Purchasing a Condo or Townhome often means dealing with a Strata Corporation, which can seem a little daunting. Here are 15 critical questions you should consider to help you during your purchase. 1. What Are the Monthly Strata Fees? Strata fees fund the general property […]

Guide to Buying Your First Home in Kelowna Welcome to my Guide to Buying Your First Home! We’ll go through things step by step so you’ll know what to expect. We’ll then examine some of the advantages and pitfalls of Buying now versus waiting until next Spring, together with the current Provincial and Federal government incentives available. Let’s dive in! Guide to Buying […]

Dilemmas Facing Real Estate Sellers Kelowna November 2024 There are many dilemmas facing Real Estate Sellers in Kelowna at the moment. In this latest post, we will explore some of the difficult choices Sellers face and the Spring Real Estate Market Outlook. Current Dilemmas Facing Real Estate Sellers 1. Higher Inventory and Competition With around 1,350 active single-family home listings, 700 Condo Listings, […]

Buying or selling a tenant-occupied property in BC – what you need to know 2024 Are you thinking about buying or selling a tenant-occupied property in BC? If you’re thinking of Buying or Selling Tenant-Occupied Property in BC, July 2024’s new Residential Tenancy Act (RTA) regulations have brought some important changes to navigating this type of transaction. The Residential Tenancy Branch (RTB) has ramped up its Portal and compliance requirements […]

BC Real Estate Market Should I stay listed this Winter or wait until Spring in Kelowna? Should I stay listed this Winter or wait until Spring is a question at the top of many home Sellers’ minds right now. With the BC Real Estate market being more subdued this year, deciding whether to stay listed through a quieter winter or hold off until spring can feel challenging. I get it, showings […]

Kelowna 2025 Housing Forecast : BC Real Estate Association Numbers Reviewed BCREA has just published its Kelowna 2025 Housing Forecast as part of its full BC Real Estate November 2024 Report. It offers valuable key insights for buyers and sellers looking to understand where prices are headed in 2025. Let’s review which recent market dynamics have impacted Kelowna’s housing sector & their Real Estate Forecasts for […]

Kelowna Real Estate Market Kelowna Real Estate News Prices and Trends November 2024 Welcome to the Kelowna Real Estate Market November Report. I can’t believe I am writing in November already, but as I look out the window, we have snow on the hills! October 2024 saw quite an uptick in sales compared to September. This was especially so for Single-Family Homes and Town Homes. The most interesting […]

BC Real Estate Market Should I Test for Radon When Buying a Home in Kelowna, BC? Should you Test for Radon during the Home Purchasing Process? When you’re starting the process of purchasing a home in Kelowna, there are many factors to consider, but one aspect that might not be at the forefront of your considerations is whether to test for Radon Gas. You’ve probably heard about it, but you’re not […]

BC Real Estate Market Do You Really Need a Real Estate Agent to Buy Your Next Home? Are you considering representing yourself as a Real Estate Buyer? You’ve probably thought about it: Do I really need a Real Estate Agent? Why not just go it alone when buying a home? It’s easy to find endless listings online and you can ‘Google’ for advice, and you have your Lawyer to fall back on […]

Kelowna Real Estate Market 1608 Braeburn Court West Kelowna 1608 Braeburn Court West Kelowna OPEN HOUSE SATURDAY OCTOBER 26, 2024 1:30 – 3:30 P.M. MLS® Number: 10326650 NEW Asking Price: $1,975,000 Location: Lakeview Heights Type: Walk out Rancher Bedrooms: 5 Bathrooms: 4 Size: Approximately 4,255 Sq Feet Year Built: 2000; Fully Re-designed 2021. Flooring: Hardwood, Carpet & Tile. Heating:- Forced Air Cooling: Central Air […]

Quail Ridge UBCO Real Estate Market Is UBCO Kelowna Real Estate an Investment Opportunity for you? In today’s blog post, we look at whether the UBCO Kelowna Real Estate Area might be an Investment opportunity for you. In particular, focusing on Condos in the Academy Way area. We will cover current Developments Pending, the types of Buyers, & some of the Pros and Cons of purchasing in this area. UBCO Kelowna […]

BC Real Estate Market Buying a Second Home in Kelowna – what you need to know. Buying a second home in Kelowna now seems to bring with it far more tax implications and costs to consider than since I first started selling Real Estate in 2005. I understand that this can cause confusion and can be somewhat off-putting. This article is designed as a comprehensive guide to help you plan for […]

Kelowna Real Estate Market Quail Ridge & University District Real Estate News September 2024 Quail Ridge & University Real Estate Market September 2024 Welcome to the Q3 2024 Quail Ridge and University District Real Estate Market Report. Whether you’re looking to buy or sell, hopefully, my insights will help you prepare for your next move! As with many parts of Kelowna, Sellers have struggled to attract Buyers in 2024. […]

BC Real Estate Market Kelowna Real Estate Market News Prices and Trends October 2024 Revised Edition October 3, 2024* As October begins and the weather cools, the Kelowna Real Estate Market seems to be following a similar trend—i.e. cooler activity and lower sales numbers for September 2024. In speaking to potential buyers at Open Houses this month, many have shared that they are keen to buy but still […]

Dilemmas Facing Kelowna Real Estate Buyers September 2024 Many Sellers are currently scratching their heads navigating the current Kelowna Real Estate Market. In this post, we will look at 5 Dilemmas Buyers are facing right now, which will hopefully help you navigate these tricky waters. 1. Rising Interest Rates: Stretching Budgets and Choices With interest rates still on the higher side of normal, […]

Kelowna Real Estate Market Kelowna Real Estate Market News Prices and Trends September 2024 It is no surprise that it has remained a Buyer’s Market across all major segments of the Kelowna Real Estate Market! As we moved through August 2024, the Kelowna Real Estate market continued to lean heavily towards a buyer’s market, offering opportunities for those looking to purchase a home. However, for many Sellers, it […]