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Kelowna Real Estate information by Dave Beeson

Updates and news on recent real estate for sale and local development updates.

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USA Today article on the Okanagan proves international recognition is becoming more prevalent!
Great article in USA Today about the Okanagan and real estate! http://www.usatoday.com/money/economy/housing/2010-06-03-okanagan-valley-canada_N.htm Read More...

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thinking of moving? nows the time...
Rob Carrick From Saturday's Globe and Mail Published on Friday, Feb. 19, 2010 7:57PM EST Last updated on Sunday, Feb. 21, 2010 2:53AM EST A dvice for sellers from Toronto real estate agent Laurin Jeffrey: 1. Get Moving “If anyone's thinking Read More...

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the home price puzzle
Steve Ladurantaye Windsor, Ont. — From Saturday's Globe and Mail Published on Friday, Feb. 19, 2010 8:02PM EST Last updated on Sunday, Feb. 21, 2010 2:53AM EST I f there is a real estate bubble in Canada, you sure can’t see it from Drouillard Read More...

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worried about the HST?
By Scott Peckford The HST has been looming large in the minds of prospective homebuyers. A recent IPSOS Reid survey indicated 40 per cent of B.C. Home Buyers believe the HST will impact their home buying plans. The question is, how big of an impact will Read More...

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new mortgage rules
February 16, 2010 New Mortgage Rules: The Good, The Bad, The Ugly Here is the official announcement from today: Finance Department release These new rules apply to government-backed insured mortgages only. The Good: 5-Year Fixed Qualification Rates The Read More...

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Housing starts end year on a high note...
Hi there...quick note on this post, the graphs did not transfer over, if you would like them emailed to you please contact me, thanks, Dave January 15, 2010 Economic update Canada’s housing starts end 2009 on a high note ALEX CARRICK Chief Economist, Read More...

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Is it a bubble or....
From www.kelownadailycourier.ca National Record home sales to cap off 2009 based on supply and demand, not bubble By Sunny Freeman, THE CANADIAN PRESS Friday, January 15, 2010 TORONTO - Record home sales last month are based on low supply and high demand Read More...

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Kelowna Market Comments by Paul Fabri
By by Steve MacNaull The Daily Courier Wednesday, January 13, 2010 Kelowna‘s real estate market has a split personality. New-home construction in 2009 was dismal, down 71 per cent from the year before, according to just released year-end statistics Read More...

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More information on what the year may hold...
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What the Feds may be up to...
Flaherty Considering Measures to Cool Housing Market  Date: Sun. Dec. 20 2009 11:05 PM ET (CTV news) Finance Minister Jim Flaherty says he's watching the country's hot real estate market closely, and may impose measures to make it harder for Read More...

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Royal Lepage survey and forecast
A new Royal LePage survey predicts Canada's residential real estate market will remain "unusually strong" through the first half of 2010. A new Royal LePage survey predicts Canada's residential real estate market will remain "unusually Read More...

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more market forecasts for you
Housing starts have begun to recover and should improve in the second half of 2009, according to the Canada Mortgage and Housing Corporation. However, the CMHC also warned in its newly released report that the high level of activity in the first part Read More...

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Royal LePage forecast
'Delayed start' in Canadian real estate market and undersupply lead to perceived housing boom - Lag in seasonal sales cycle brought on by the recession, coupled with undersupply, creates illusion that market is booming - TORONTO, Oct. 8 /CNW/ Read More...

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Investing vs Speculating... What really drives property values Up and Down!
Just like the stock market, not all towns see real estate values increase in a booming market and many actually under-perform. Your job as an investor is to pick areas providing the best returns for the lowest risk. There is a simple and easy strategy Read More...

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More Canadians will turn to fixed mortgages as rates plummet to rock bottom.
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