More than just a blog.

This is no ordinary Blog. This is no ordinary city. This is my city. I live here, I love it, and it is my home. The wealth of opportunity, fun, and fantastic business in this city is astounding, and all it takes to see them is a little imagination and a touch of adventure. Here is where the things I like, the fun things I do, and the businesses I love make it, in story. A blog designed on stories. Stories of this city. My city, and yours.

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Where do the Buyers come from?

OMREB Q3 2020 Summary:  As usual, the majority of buyers come from within our own real estate board area, followed by the lower mainland and BC in general.  I kind of thought more Albertans had moved here but only 8% of our sales are to Albertans.

OMREB October 2020 Summary

OMREB October 2020 Summary:  Who would have know that Sales, Price & Benchmark Price's would be up so dramatically with dramatically lower inventory levels?  It's been a whacky year that's kept us on our toes!  Condo's are bucking the trend with higher inventory levels, increased sales and prices.

RE/MAX says the market will remain HOT this winter.

RE/MAX says the Canadian real estate market is "ripe with a wide range of opportunities for both new homebuyers and homeowners looking to upgrade." Greater Toronto Area: $890,400 (+11.1%) Greater Vancouver Area: $1,038,700 (+5.3%) Ottawa: $517,800 (+19.9%) Greater Montreal Area: $408,200 (+16.4%) Halifax: $372,982 (+18.1%) Article

49.7 billion in real estate sales!

BC real estate sales almost hit $50B in first 9 months of 2020 Sales soar to $49.7B in the first 9 months of 2020, up 25% over last year! Article

Kelowna Market Update

September 2020 We are still playing catch up because of the slow spring we had!   The market continues to be strong in all price ranges in both sales and price.

GST & vacation properties in BC

GST & vacation homes Taxation on properties seems to be ever changing!  This article helps you navigate through how GST affects vacation properties in BC. Article

Retrofitting used homes for efficiency

Retrofitting used homes to be a government priority The Province is moving forward with a plan to retrofit used homes to increase energy efficiency and reduce greenhouse gases.  BCREA is encouraging the government to be progressive, yet thoughtful about the impact on homeowners. Article

Increased Strata fees an election priority

Skyrocketing strata fee's election priority for BCREA Strata insurance has been quite the nightmare in BC this year.  Fewer insurers & skyrocketing increases to policies means strata fee's have risen dramatically across the province.  BCREA is hoping that these issues stay top of mind to the political candidates. Article

Buyers origin

OMREB Jan-June 2020:  I'm often asked where the Buyers come from and our Real Estate Board does an excellent job of collecting and providing this information to us every quarter.  If you're interested, click on the info-graphic and you'll see that about 84% of our buyers come from B.C. & 8% from Alberta (which is [...]

Buyers origin

OMREB April 2020:  I'm often asked where the Buyers come from and our Real Estate Board does an excellent job of collecting and providing this information to us every quarter.  If you're interested, click on the info-graphic and you'll see that about 86% of our buyers come from B.C. & 5% from Alberta.

Covid-19: Population Growth

Population Growth & Housing Demand Immigration is the most important driver of population growth in BC. The global pandemic has resulted in a sharp drop in immigration and consequently BC reporting one of the lowest quarterly increases in population growth since 2011. In the short term, the impact of lower population growth will weigh most [...]

Market Overview

Q1 2020 Market Overview $728.2 Million transacted in Q1. 1,365 residential sales in Q1 Economic Overview Statistics {{ vc_btn: title=Full+Report&style=flat&shape=round&color=primary&link=url%3Ahttps%253A%252F%252Fmcusercontent.com%252F9691382a5a8b09c362ef1126b%252Ffiles%252F6cb3a8ae-9b0d-4884-a786-8dd893c2df0e%252FOMREB_Q1_2020_Market_Report.pdf%7Ctitle%3AOMREB%2520Q1%25202020%2520Market%2520Overview%7Ctarget%3A_blank }}

Buyers origins

OMREB 2019 overview I'm often asked where the Buyers come from and our Real Estate Board does an excellent job of collecting and providing this information to us every quarter.  If you're interested, click through the couple of info-graphics and you'll see that about 77% of our buyers come from B.C. & 8% from Alberta.

OMREB 2019 Market Overview

2019 Market Overview $3.9 Billion transacted in 2019. 7,244 residential sales in 2019 Economic Overview Job Growth indicators {{ vc_btn: title=Full+Report&style=flat&shape=round&color=primary&link=url%3Ahttps%253A%252F%252Fmcusercontent.com%252F9691382a5a8b09c362ef1126b%252Ffiles%252F570d4ddf-0a46-48ca-9403-1d4199bdd8db%252FOMREB_Q4_2019_1_.pdf%7Ctitle%3AOMREB%25202019%2520Market%2520Overview%7Ctarget%3A%2520_blank%7C }}

New Listing – Upgrade & Downsize at the same time!

Right in the heart of Kelowna you'll find this lovely 3 bedroom + den home.  Tastefully upgraded throughout... 1 level living with a full basement for family visits and hobbies.  The strata takes care of the outdoor pool and hot tub so you can relax!  $567,000  MLS#10197634 I am raw html block.Click edit button to [...]

B.C. housing market bouncing back as buyers return

BC housing market bouncing back as buyers return CBC News 25 Nov 2019 B.C.'s housing market is on the way back up, according to a report from economists at an agency that supports credit unions across Canada. Central 1's B.C. Resale Market Housing Outlook 2019-2021 says cheaper mortgages, population growth and price declines are bringing buyers back [...]