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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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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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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

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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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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Attachment(s): ManRoaring_thumb.gif

HAVE PRICES ROLLED BACKWARDS?
HAVE PRICES ROLLED BACKWARDS? Not as much as you may be being told. In fact recently, a chart produced by the local real estate board showed that most median prices had rolled back to a 2007 level. That can't be... all the talk in the real estate Read More...

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Canadian Mortgage and Housing Corporation - Kelowna housing forecast for 2009!
The following PDF outlines the housing forecast for 2009 for Kelowna - report provided by Canadian Mortgage and Housing Corporation. Read More...

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Attachment(s): kelowna housing forecast.pdf

Great deals out there! Homebuyers holding back becuase of economy, deals have sprung as a result.
Once again the real estate market is one of the hottest conversations in town. The topic can be heard at the water cooler, in restaurants, at dinner parties and on airplanes. We talk about it because it affects us and because the correction in the market Read More...

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Beware of under-priced listings!
Beware of under-priced listings Contributed - Story: 41518 Sep 4, 2008 / 5:00 am In some major Canadian markets, the hot real estate market has given rise to a practice that’s intended to stimulate interest in a listing and achieve the highest possible Read More...

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Its A Good Market For Re-sale Homes in Kelowna
Good market for resale homes by Castanet - Story 40984, Mark Jennings Bates Aug 7, 2008 / 7:03 am Canadians wondering about the real estate market can look forward to strong sales throughout the rest of this year. At least, so says the latest residential Read More...

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Are Prices Really Declining?
From Castanet.net - author mark Jennings-Bates, Kelowna Are prices really declining? That has to be the most topical question at the moment. So much so that more than a few people are playing a waiting game to see “where the bottom of the market Read More...

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Patience is a virtue in real estate right now.
Patience is a virtue by Mark Jennings Contributed - Story: 40738 Jul 24, 2008 / 5:00 am It is not easy being a REALTOR® at the moment. Clients like to hear your forecast and market predictions and yet we are living in a time of instability and unpredictability Read More...

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Okanagan Valley Economy leads BC.
Valley economy leads the way Daily Courier Staff 2008-07-17 A report from the Institute of Chartered Accountants of B.C. says the Thompson-Okanagan has been experiencing rapid population growth, strong job creation and a surge in capital investment that Read More...

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Mortgage Rules revamped!
Ottawa revamps mortgage rules KEVIN CARMICHAEL Globe and Mail Update, Reuters July 9, 2008 at 4:36 PM EDT OTTAWA — The federal government says it will no longer guarantee 40-year mortgages, one of a handful of measures aimed at guarding against Read More...

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Is the Okanagan Insulated?
Friday, Jun 6, 2008 - Thompson Okanagan Business Magazine. Is the Okanagan insulated from fallout from the U.S. cconomic downturn? As predicted, the housing market has seen a slight downturn with fewer sales (BC Real Estate Association first quarter results Read More...

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