Friday, 22 March 2013

~~Best Buy in Lake Country~~


 The sale of this property has been revised to include 2 more lots. Priced at $1,299,000.00

Gorgeous Log Home & Guest House on Very Private 3.88 Acres Plus 2 Completely Subdivided 2.47 Acre Lots below on Ottley Rd Cul-De-Sac. This sale must include all 3 properties. Awesome Lake Views. Salt Water Pool, Hot Tub & Sauna. Heated 30x40 Shop. Hockey Rink Boards for the Kids. Minutes to beach and boat launch. This is a dream property. Priced well below Assessed Value of main property is 1,204,000. Lots assessed at $269,000 each. Total assessed value $1,878,000! Schedule A & C must come with offers. Call Steve Higgins RE/MAX Kelowna to view 250-864-7893




Amazing Race

Come out and embrace your inner child while competing in an Amazing Race style competition on June 1st here in Kelowna. Capital One's second annual Race for Kids is being put on by the Okanagan Boys and Girls Club.

Teams of 4 are invited to sign up and relive those good old days of scavenger hunts when you were a kid. You will race through the city to the different check points that will be sponsored by local businesses.

All proceeds from the event will help sponsor local kids to attend Camp Arrowflight. To sign up go to raceforkids.ca or if you would like to be a sponsor email rlawrence@boysandgirlsclubs.ca

Wednesday, 20 March 2013

Charity Wine Tour

On April 14th Distinctly Kelowna Tours will hold it's second annual Wine Charity Tour for the BCSPCA. The cost of the tour is $95 plus GST with all proceeds going to the BC Society for the Prevention of Cruelty to Animals. The tour will start at 1pm were you will board a 24 passenger seat bus and then for the next 3 hours you are off to 5 wineries on the Westside Wine Trail, to sample award winning wines. The 5 wineries are, Mission Hill Family Estate Winery, Quails Gate Winery, Volcanic Hills Estate Winery, Kalala Organic Estate Winery and Little Straw Vineyards.

Everyone will receive a gift bag full of goodies, you will also be entered to win a gift basket featuring a winery tour for two, a gift certificate for the Grand Bay Cafe and wines from all featured wineries.

Here's the best part I think, the bus will pick you up and drop you off at your accommodations so there is no driving involved!! There will also be snacks prepared by the Delta Grand Okanagan's chef Stuart Klassen.

If you are interested call Distinctly Kelowna Tours at 250.979.1211 or email: info@distinctlykelownatours

Monday, 18 March 2013

Easter Egg Hunt

An Egg-stravagant event is planned, the third annual Easter Egg Scramble is planned for Sunday March 31/13 in support of the Westside Community Food Bank. It will be held at the Johnson Bentley Sports Field, hosted by RE/MAX. This has been a successful in the past with more than 4,000 people attending and more than 12,000 eggs the kids get to hunt for.

Not only do they get to hunt for treats the Easter Bunny will be making an appearance and the kids will get a chance to find a golden egg with the chance to win a special Easter basket.

All proceeds made from the raffle and hotdog sales will go to the Food Bank, there will be volunteers there that will be accepting food donations.

Saturday, 9 March 2013

March is Fraud Protection Month


There are also simple steps you can take to protect yourself from acommon form of fraud: Identity Theft. These include; Never give out your personal information until you know who you are dealing with and how your information will be used. This includes requests for information in person, by mail, or over the phone or Internet.

Never reply to e-mails or phone calls that ask for your banking information, credit card details, passwords or other personal or sensitive information, particularly if you did not initiate the exchange. Review your mail, bank statements and other financial statements on a regular basis to look for any inconsistencies. If you do not receive a bill on time, follow up with your creditors or service providers. You may also wish to contact your local Postal Outlet to ensure your mail has not been held or re-routed.

Shred or destroy all personal and financial documents before you throw them away. Obtain and verify your credit report at least annually by contacting Canada’s two credit-reporting agencies: Equifax Canada at www.equifax.ca and TransUnion Canada at www.transunion.ca.

Friday, 8 March 2013

February's Market 2013

The Okanagan Mainline Real Estate Board (OMREB) reported February’s sales activity down in comparison to the same month last year. Exceptions to the rule were lot sales and Acreage properties which were both up. The impact of tightened mortgage lending rules introduced last year can still be felt. 236 Properties traded hands in February, in comparison to 287 in the previous year which is down 17.77%. Year to date sales are down 8.63% with a total of 455 properties changing hands in comparison to the 498 we experienced last year.

New listings taken last month were also down just over 17% with 784 properties being listed in February in
comparison to the 954 listed in the same month last year. This decrease however is a good thing, as we
have substantial inventory that needs to be absorbed in order to achieve a more balanced market. It is still a
buyer’s market and sellers would be well advised to seek professional advice when pricing their properties prior to putting them on the market as values are dependent on neighborhood, style and inventory level. Attractively priced properties are being sold to willing buyers.

Sellers must remain patient as Days to Sell have been extended to 130 days from last year’s 110. The Average Residential price is $439,786 which is up 2.84% over last year to date indicating that the we might have hit bottom as far as pricing levels are concerned.

Taking into account all other types of Residential property, such as Condominiums and Townhomes, the Average Residential Price drops to $375,122 offering affordable alternatives to home buyers. The recent reduction in mortgage lending rates will boost sales into the spring market.

Courtesy of  
Deborah Moore
Managing Broker

Thursday, 7 March 2013

Are You Looking for Foreclosure Properties in Kelowna

 Here is a link to foreclosures here in Kelowna if you are interested in seeing any don't hesitate to call me at 250.864.7893

http://bcrealestatelaw.com/2013/03/05/buying-foreclosure-properties-in-kelowna-british-columbia/

Wednesday, 6 March 2013

My Feature Listing of the Week Mar. 6-13

Immaculate Rancher Walkout with Spectacular Lake & Mountain Views! Huge 3080 SF 4 bed/3 bath home with nice updates. New Roof & Windows 2009. Water softener/Central-Vac 2011 & Furnace & Double Garage door 2009. Large Master bedroom with Ensuite and walk-in closet. 2 Decks and total Privacy. Cable TV and RV parking is included in the low strata fee of $165/mth. 19+ Adult community. Close to Airport & University. Easily suited. Where can you buy a 3000 square foot Rancher Walkout home in mint condition with Lake and Mountain Views? Country View estates. MLS# 10059184 Call Steve Higgins RE/MAX Kelowna 250-864-7893

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