BC Real Estate Foundation approves $1,459,000 in grants to support BC ventures.
And that was just at their June meeting! The interest earned on Deposit money held in Trust accounts; in BC, is used to support projects that strengthen communities and protect our shared land and water. This amounts to millions a year! Article
Kelowna continues to be a busy city!
Kelowna takes building boom to next level Building permits average $200 million a month and housing sales are up 253% from 2020 as Okanagan city shifts into development overdrive. Article
Sales predicted to decrease… but will prices?
Home sales will fall 20% next year: BCREA British Columbia housing sales will see another "record-smashing" performance this year before sales plunge more than 20% in 2022 as price increases fall to single-digit levels, according to the BC Real Estate Association. Article
46 Story Tower Proposed in Kelowna
Wow! This would change the downtown landscape.... It's to be a mix of rentals, owned condo's, shared accommodation and commercial/retail. Article
Mobile homes use the most electricity of all home types
BC Hydro has a new report out... The average mobile home uses 50% more electricity per square foot than an average single-family house. Article
Buying a Rental Property with Tenants
There are so many aspects to consider... Do you want to keep the tenants, move in yourself or move a family member in? Article
Building Pandemic-Proof homes
Covid-19 is inspiring innovation in home building. Touchless entries, bringing back built-in computer desks and exterior elevators... all changes designed to decrease congestion and germ transmission. Article
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