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real esate: South Okanagan: After 5 Years of declining Real Estate prices, we may be seeing the first signs of stabilization. - 04/13/12 06:25 AM
South Okanagan: After 5 Years of declining Real Estate prices, we may be seeing the first signs of stabilization. Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , reported today that of the Single Family Sales this week (April 12 2012) in Penticton and Summerland “early signs of price stabilization are beginning to show”. In Summerland & Penticton Okanagan BC the new listings hit the market this week at an average list price of $647,625. “This week homes are now selling much faster and closer to list price” says MAASKE On the SELL side, the (0 comments)
real esate: Canada's real estate overvalued, survey says - What Say YOU? - 10/26/10 06:28 PM
Canada's real estate overvalued, survey says A real estate agent puts up a 'sold' sign in front of a house in Toronto on Tuesday, April 20, 2010. (Darren Calabrese / THE CANADIAN PRESS) Updated: Tue Oct. 26 2010 11:35:12 CTV.ca News Staff Canadian house prices are overvalued, but not as much as those in Australia, Hong Kong or France, according to a new worldwide survey. The data published in The Economist magazine's annual survey shows Canadian homes cost on average 23.9 per cent more than they are worth. That's somewhere around the middle of the pack. The scale ranged from Australia at (0 comments)
real esate: Top 10 Haunted Homes in the U.S. - 10/26/10 12:33 PM
Top 10 Haunted Homes in the U.S. By: Diane Tuman, Zillow Content Manager | October 4, 2010 We like to be creeped out, don’t we? To kick off this Halloween season, we have chosen 10 homes in the U.S. notorious for their haunted history and spirits who like to visit. Some are privately owned homes, some are now bed-and-breakfasts, some have historic designations, and one is even the seat of our government. Take a deep breath and let’s visit some of the most notable haunted homes in the U.S.: Top 10 Haunted Homes in the U.S.:
(Flickr photo: harshlight) (3 comments)
real esate: Bank of Canada holds rate at 1% - 10/19/10 10:05 AM
Bank of Canada Governor Mark Carney kept his benchmark interest rate at 1 per cent Tuesday after three consecutive increases, saying the domestic recovery will be more gradual than expected, the U.S. rebound will be weaker than projected, and the global turnaround is ``entering a new phase.’’ Interactive Behind the Bank of Canada's interest rate decision Infographic Bank of Canada's key rate Video Careful with household debt: Carney In explaining his decision, Mr. Carney said while private demand in advanced economies will become ``sufficiently entrenched’’ to sustain the recovery, a combination of high unemployment and efforts by governments and households (0 comments)
Real Estate Market Update for the WEEK ending October 8, 2010 - Summerland, Penticton, Okanagan - Raymond MAASKE (0 comments)
real esate: $10 Million Property Sold in Kelowna, BC Okanagan Real Estate - 10/07/10 02:38 PM
What real estate slowdown? A 29-acre waterfront super-estate has just sold in Kelowna for $10 million. “It‘s good news, really good news,” said Gary August of Coldwell Banker Realty, who co-listed the property with realtor Jane Hoffman. “It shows that Kelowna is still a desirable real estate market and wealthy people are more than willing to invest here.” At $10 million, 5880 Lakeshore Rd. is the most expensive single-family home to ever sell in the Central Okanagan. The record was previously held by the lakefront mansion at 1499 Pritchard Dr. in West Kelowna that sold in early 2008 for $7.4 million. (3 comments)
Competition watchdog, realtors reach a deal In a development that could drastically change the way Canadians buy and sell their homes, the real estate industry has reached a landmark agreement with federal competition authorities. The legally binding deal will allow for home sellers to pay for only those services they want from their real estate agents. Previously, under the rules established by the Canadian Real Estate Association (CREA), consumers had to opt for an entire slate of services, a practice the Competition Bureau (0 comments)
The Best Okanagan, BC Real Estate and Homes for Sale WEB Site - Raymond MAASKE (0 comments)
real esate: Okanagan Real Estate - Home sales rebound, but it won't last long, analyst says - 09/16/10 10:47 AM
Home sales rebound, but it won't last long, analyst says By Garry Marr, Financial Post September 16, 2010 Existing home sales in Canada rebounded in August, but the industry consensus is both prices and activity will decline the rest of this year. The only argument is by how much. The Canadian Real Estate Association reported yesterday that August sales were up 4.1% on a seasonally adjusted basis from July -- a bad month for home sales because of the effects of the harmonized sales tax implementation in Ontario and British Columbia. As consumers scrambled to make their (0 comments)
real esate: Home sales drop 35 per cent as prices climb in B.C. - 09/15/10 10:55 AM
Home sales drop 35 per cent as prices climb in B.C. Average Metro price rose 12 per cent to $681,000 in August, compared to the same month last year By Brian Morton, Vancouver Sun September 15, 2010 Housing sales dropped 35 per cent this August compared to last year, to 5,590 units, according to a report released Tuesday by the B.C. Real Estate Association. But sales increased seven per cent in August on a seasonally adjusted basis compared to July 2010. The average price of a B.C. home climbed 3.6 per cent to $487,804 in (0 comments)
real esate: Wake up Canada............ eh!!! - 09/13/10 01:11 PM
Many people I have spoken to here in the Okanagan (regarding real estate and homes for sale) looked at the US and said "we are not like that" or "that would never happen to us" now face some sobering data as OECD warns Canadians about debt loads
High personal debt levels have left many Canadians financially vulnerable just when the country's economy is projected to slow, the OECD warned in a report on the Canadian economy Monday. The international agency's annual Economic Survey of Canada for 2010 warned that after household indebtedness rose during the recession, "any future adverse shocks" (0 comments)
Move up buyers - Okanagan Real Estate and Homes for Sale Top tips for move-up buyers Move up buyers include many types of people: growing families needing more space, couples with grown children who want a smaller home closer to urban amenities, or multi-generational families living together who need a home with both space and privacy. If you’re thinking about whether the time is right for a change, moving up begins with a careful understanding of your needs and wants: Get an accurate picture of your financial situation. How much of a mortgage payment can you reasonably (1 comments)
real esate: Penticton wants some business from developers - 05/04/10 02:27 PM
Penticton wants some business from developers and they are prepared to offer development tax incentives and reductions in development cost charges to make the deal sweeter. Penticton wants hotel and motel development, some much need redevelopment of downtown and anything in industrial and manufacturing. Look at this list: 100 per cent municipal tax relief for five years. A 50 per cent reduction in building permit fees. A 50 per cent reduction in the development cost charges payable by the project. An opportunity to defer payments of the development cost charges to a later stage in the projects approval process. To qualify (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.