kelowna

/Tag: kelowna

December 2017

Facts By Email #49 – Site C Approved

By |2017-12-13T08:49:11+00:00December 11th, 2017|Facts By Email|

A ROMP ACROSS CANADA NUMBERS THE NUMBERS, THE NUMBERS – KELOWNA, SHUSWAP, VERNON CMHC RENTAL VACANCY: DRAMATIC INCREASES IN VACANCY IN SOME MARKETS VANCOUVER CONDO DVELOPERS DROPPING HOUSING STARTS BY 58%! HOT DEVELOPMENT PROPERTY - $110,000 A LOT HOT PROPERTY – RENOATOR SPECIAL TOWNHOUSE IN LADNER ODDITY: CONSTRUCTION STARTS ARE DOWN 58%!

October 2017

Facts By Email #41 – Stressed Out? – Another Early Xmas Present For The Big Banks

By |2017-10-19T17:43:32+00:00October 16th, 2017|Facts By Email|

OUTLOOK CONFERENCE 2018 – OH, SARNIA! BUYING DETACHED HOUSES FOR $13OK TWO MORE HIGHLIGHTS FROM OUTLOOK 2018 ONTARIO GOLF COURSE LOTS FOR $500 MORTGAGE HOLDER CREDIT SCORES AND DEFAULT RATES BEST EVER – BUT OTTAWA STILL CRACKS DOWN VANCOUVER'S NEW "AFFORDABLE" ZONING MADE EVERY HOUSE WORTH AT LEAST $1.5 MILLION MORE KELOWNA’S INCENTIVE ZONING WORTH A LOOK NOW NUTS: 1. VANCOUVER RESIDENTS MUST BE OFFERED PRESALES FIRST! STILL; 2. TESLA; AND 3. BITCOIN

September 2017

Facts By Email #38 – Real Estate Outlook – Last Chance to Get Your Free Ticket

By |2017-09-25T23:09:48+00:00September 25th, 2017|Facts By Email|

COME CELEBRATE 25 YEARS OF THE REAL ESTATE OUTLOOK CONFERENCE – AND PROFIT IN 2018   TIME TO GET INTO MICS? NOT SO FAST KELOWNA IS SEXY AND WHITE-HOT RIGHT NOW WHY BACHELOR AND ONE BEDROOMS RENT FASTER CHINESE BUYERS LIKE THAILAND MORE THAN VANCOUVER COQUITLAM TEARDOWN CONDOS SELL AT $551,000 PER DOOR HOT PROPERTY: 2 BEDROOM SKI CONDO FOR $74,900 NUTS SPEAKER PACKAGES SOLD OUT – SPONSORSHIP- 3 AVAILABLE

July 2017

Facts By Email #30 – The US markets are flourishing … or stalling?

By |2017-08-05T10:38:09+00:00July 31st, 2017|Facts By Email|

PETRONAS CANCELS LARGEST LNG PROJECT EVER (PLANNED) SURREY GROWS CONSTANTLY INTO ITS FUTURE BEST – NOW A NEW 33 STOREY HILTON TANKERS ARE SAFER THAN TRUCKS TO TRANSPORT OIL WHISTLER UPDATE BITCOIN, THISCOIN, THATCOIN, NOW A REAL ESTATE COIN? RESERVE YOUR EARLY BIRD SPONSORSHIP FOR OUTLOOK 2018 ON SEPTEMBER 30

Kelowna – single family, brand new home $499,000

By |2017-07-29T11:54:13+00:00July 29th, 2017|Hot Property|

1. Kelowna – single family, brand new home $499,000.

  • 3 Bed, 2.5 Bath, 2 levels.

2. Osooyos – 1 bedroom waterfront $205,000.

On the quiet west side of Osoyoos Lake. Property is about 3.49 acres (1.41 hectares), zoned RM1, allowing for up to 50 dwellings/hectare. There are currently 28 units, a club house with games room and small fitness room. This unit has 1 bedrooms, 1 bathroom, 2 decks and looks out over a grassed court yard and sandy beach. This is one of the few complexes that allows for both year round and seasonal use. […]

June 2017

Facts By Email #23 – Ontario’s New Rental Rules Tough On Landlords

By |2017-06-14T13:13:26+00:00June 14th, 2017|Facts By Email|

QUESTIONS, QUESTIONS THE NUMBERS - EDMONTON, CALGARY, TORONTO, MONTREAL – THE WINNER IS…? KELOWNA: ZONING CHANGE BOOSTS DETACHED VALUES Hundreds of detached lots can add strata units under new zoning ONTARIO’S NEW RENTAL RULES TOUGH ON LANDLORDS WHISTLER CRACKS DOWN ON AIRBNB-TYPE RENTALS Licensing system is effectively a $1,000-per-day fine HERE ARE THE REAL NUMBERS ON B.C. HOUSING MARKET NUTS…EYEBROW RAISER PRICE OF A POINT GREY HOUSE RISING BY $168K A MONTH

May 2017

Facts By Email #20 – Flipping Commercial Real Estate

By |2017-05-22T18:51:39+00:00May 22nd, 2017|Facts By Email|

FLIPPING COMMERCIAL REAL ESTATE: IT COULD WORK IN TORONTO, VANCOUVER, AND EVEN ALBERTA BITCOIN HOME LISTING CAUSES FLUTTER IN VANCOUVER – But some private deals may be done under the radar 450-ACRE FALSE CREEK FLATS PLAN DOES INCLUDE (a little bit) OF HOUSING SUPPLY AS CURE FOR HIGH HOUSING PRICES “A MYTH” METRO VANCOUVER DETACHED HOUSES DISAPPEARING PORT MOODY NEXT UP ON DEVELOPMENT CYCLE TECH-SAVVY LANDLORDS CAN SAVE TIME AND MONEY QUESTIONS, QUESTIONS

Facts By Email #17 – CMHC Housing Issues: “Problematic” Means Potential

By |2017-05-01T18:22:48+00:00May 1st, 2017|Facts By Email|

SURVEY QUESTIONNAIRE SUMMARY NORTH VAN CITY ZONING OPENS INVESTMENT PLAY ‘EVOLVE’ ALMOST GETS IT RIGHT IN MOODYVILLE SALES OF RENTAL BUILDINGS SLUMP BUT PRICES DON’T CLOSER LOOK AT THE OKANAGAN, ESPECIALLY KELOWNA RESIDENTIAL LAND CRAZE HITS TORONTO NUTS EYEBROW RAISER: NATURAL GAS BANNED AS OF MAY 1 WORDS I HATE

April 2017

Facts By Email #14 – Poloz Is Entirely To Blame For Higher House Prices

By |2017-04-12T19:11:45+00:00April 10th, 2017|Facts By Email|

QUESTIONS, QUESTIONS A NUMBERS ROMP – FROM TORONTO TO KELOWNA LANDLORDS SHOULD CHEER RISING CONDO PRICES PAPERWORK TO BE SENT FOR VANCOUVER VACANCY TAX CLOSE UP VANCOUVER DETACHED MARKET COMMERCIAL; PLAY HARDBALL IN LEASE TALKS OPTIONS WHEN SELLING BUSINESS WITH REAL ESTATE

March Market Report

By |2017-04-08T12:39:43+00:00April 8th, 2017|Hot Tip|

  • Sales higher in Toronto (+18%) Calgary (+20%) and Edmonton
  • Sales lower in Vancouver (-31%), Fraser Valley and Victoria (-17%)
  • Toronto sales of 12,077 are more than Vancouver, Calgary and Edmonton, Victoria and Kelowna (10,751) together
  • Average prices higher ALL CITIES, down in Vancouver
  • Alberta jobs higher in March (highest percentage increase in Canada)
  • SF homes and condo sales have decoupled in the Lower Mainland

Normal General rules

Sales higher, listings lower = prices higher later

Sales lower, listings higher = prices lower

NOW in Vancouver – THE NEW NORMAL:

Sales lower and listings lower … prices hanging in there

MAJOR POINT

  1. Last March/April sales were at all-time highs. Likely, we are […]