BC Real Estate Market

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, Kelowna Real Estate Market, Kelowna Real Estate Market, Kelowna Real Estate Market, Kelowna Real Estate Market, Kelowna Real Estate Market, Kelowna Real Estate Market, Kelowna Real Estate Market, 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 […]

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 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 […]

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 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 […]

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 […]

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 […]

Things to know when buying a Duplex Property in BC Read this post if you are considering buying a Duplex Property in BC. What is a duplex? A duplex is a type of multi-family home building where there are two connected properties that both have separate entrances on a single property. Each property is considered a duplex apartment. Duplexes allow for the building of two […]

Kelowna Real Estate Market Kelowna & BC Real Estate Housing Forecast February 2023 Table of Contents The Current State of the BC Real Estate Market Forecast for BC Real Estate 2023 Kelowna Real Estate Sales & Pricing & Forecast Q1 2023 Further Links The BC Real Estate Association (BCREA) has published its latest BC Housing Forecast this week, which I will summarise here, and highlight its implications for […]

BC Real Estate Market BC Real Estate Market News November 2022 BC Real Estate Market Numbers for October 2022. In its latest BC Real Estate Market Report, the BC Real Estate Association (BCREA) reports a total of 5,242 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in October 2022, a decrease of 45.5 per cent from October 2021. The MLS® average Residential […]

BC Real Estate 2 legislation changes coming in January 2023 The Canadian Federal Government & BC Provincial Government plan to introduce 2 pieces of legislation in January 2023 which will affect some BC Real Estate Buyers and Sellers. Here are some basic details, so that you can check whether they affect you! Ban on Foreign Buyers of Residential Real Estate in Canada From January 2023 […]