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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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my february newsletter
REAL ESTATE REPORT February 2010 The Kelowna area newhome constructionmarket began 2010 on a positive note. Housing starts totaled 161 homes in January, up from 17 homes a year ago, according to Canada Mortgage and Housing Corporation (CMHC). “Rental 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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Luxury homes on the move again....
From www.kelownadailycourier.ca Local Million-dollar homes selling again in Okanagan By Steve MacNaull Saturday, January 23, 2010 Nothing points to an improving economy like the sale of million-dollar homes. Last year, while the recession raged, it took 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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some HST info...
skip to main | skip to sidebar B.C. Real Estate Law Information for Realtors, Buyers, and Sellers of Real Estate in the Province of British Columbia Thursday, January 7, 2010 HST - Key Points for Realtors HST will be chargeable on every supply of real 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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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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September Kelowna and area real estate statistics
See the attached PDF for a full and updated report on recent movement in the real estate market! Call or email me with further questions or feel free to post here! Dave Read More...

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Attachment(s): 10 (2).pdf

What story are the statistics telling?
You may be reading of a recovery in the real estate markets right across the country... is that true in Kelowna? I personally think so, but with a reserved optimism. Certainly the REALTORS that I talk to in the Vancouver, Edmonton and Calgary markets Read More...

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Housing on the upswing in Kelowna
Resale housing in particular is again surging forward. Real estate market on the upswing Despite a slow start to the year, the Canadian market has certainly bounced back since the low of last January. Resale housing in particular is again surging forward, Read More...

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