Attention Buyers!
Whether buying your first home, or planning to move to your next home, finding a home is easy! Finding the RIGHT home is more complicated. Learn More
Rent-To-Own Program
It's a dream we all have, to OWN our own home. Transfer your status from renter to homeowner with our "Rent-To-Own" program.
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Marketing That Sells
In today's competitive real estate market it's essential to prepare, price and market your home well, right from the outset.
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The British Columbia Real Estate Association (BCREA) released its 2012 First Quarter Housing Forecast today. “Modest economic growth at home and abroad is expected to limit growth in consumer demand both this year and in 2013,” said Cameron Muir, BCREA Chief Economist. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 2.1 per cent this year, increasing a further 2.7 per cent in 2013.
“While European sovereign debt concerns and a sluggish US economy will continue to impact consumer confidence, strong demand in the bond market is expected to keep mortgage interest rates at, or near, record lows for most of 2012,” added Muir.
The number of residential sales in the Okanagan are forecast to increase 4.1% in 2012, while the average price is predicted to rise 0.6% to $382,000.
3308 26th Street, Vernon $298,800
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1/2 Duplex MLS®: 10040609 3 Bedrms, 3.0 Bathrms Floor Area: 1,440 sq ft Lot Size: 0.06 acres |
Family friendly 1/2 Duplex within walking distance to Beairsto and St. James Elementary Schools, movie theatres, shopping and restaurants. Stroll to Polson Park and feed the ducks, exercise at the running track or open air exercise circuit, watch the kids enjoy the skateboard park, water park and play area, visit the Arts Centre or join the lawn bowling club. Well designed home with open kitchen featuring tile flooring, tile back splash and sliding glass door to deck overlooking the fenced back yard with room to garden. There are 3 Bedrooms on the second level with laundry closet roomy enough for a stacked washer/dryer plus storage shelving. Good sized 13'5 x 12' Master Bedroom with walk in closet and 2 piece en-suite. The main bathroom offers an extra deep storage closet with cat door access. Forced air furnace in the crawl space heats the main floor, with electric baseboard heaters in the upstairs rooms along with individual thermostats for room temperature preferences. Single garage offers extra storage along with crawl space access. Ask about our Rent-To-Own program. |
There are great opportunities arising in the Okanagan as we see foreclosure rates at a high point - about 3.5 times higher than the rest of the province, according to statistics. What this means for home buyers is that prices are low, and with record low mortagage rates too, that is good news for affordability!
Here are some other interesting housing market stats "By The Numbers":
- 3.92% = Average interest rate on a Canadian mortgage over the past year, down from 4.22 per cent a year earlier.
- 23% = Estimated portion of mortgage holders who refinanced in the past year; they saw their rates drop by about 1.2 per cent.
The Importance of Curb Appeal:
Once you have committed to selling your property, it is important to ensure the exterior of your home is appealing and inviting to prospective buyers. Keep in mind the importance of curb appeal as it relates to snap judgements, first impressions and moving on - not in!
7008 Apex Drive, Vernon $510,000
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Single Family Home MLS®: 1004055 3 Bedrms, 2.5 Bathrms Floor Area: 3,164 sq ft Lot Size: 0.17 acres |
Perched on a hillside with splendid mountain and city light views this next-to-no yard maintenance home is open and inviting for the largest party entertaining. Privately soak up the morning sun or BBQ on your covered deck high above the crowd. Perfect home for teenagers or empty-nesters who want the space, layout, finishing and views without the need to look after a large yard. Custom built well designed layout with many extras. Kitchen is ideal for entertaining with full size side by side stainless steel fridge and freezer, electric stove, microwave hood fan, wine fridge and dishwasher all included. Convenient laundry/pantry room is off the kitchen with doors to both the garage and driveway entry. An elegant self contained master suite with full en-suite, walk in closet and door to deck is infused with light from many windows. The lower level features a media/band room, recreation room, 2 bedrooms, bathroom plus storage area under the stairs. Patio is roughed in for hot tub. 4 zone heating with electric forced air furnace/heat pump for monthly average electrical costs of only $100 (there is no gas line to the house). |
Property For Sale:
#24 8000 Highland Road, Vernon
$189,800
#105 4100 24th Avenue, Vernon
$194,800
8780 Cortland Place, Coldstream
$225,000
#109 9845 Eastside Road, Vernon
$249,900
#53 1001 30th Avenue, Vernon
$274,900
2713 Balsam Lane, Lumby
$279,900
3308 26th Street, Vernon
$298,800
3608 Alexis Park Drive, Vernon
$325,700
7008 Apex Drive, Vernon
$510,000
6909 Foothills Drive, Vernon
$749,900
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