The HOLM Stretch | August 9, 2024
Thanks for stopping by.
If you're thinking about buying, but feel uncertain about the market, you're not alone.
In a recent survey by Zoocasa, 41.3% of potential buyers are unsure if it's the right time to buy.
Their top concern?
Surprisingly, not interest rates.
Instead, it's high home prices that 58% of respondents see as the biggest hurdle to affordability.
Still, 31% of respondents still consider mortgage rates to be very important in their decision-making.
And interestingly, 53.7% of potential buyers plan to wait a year or longer before making a purchase, while others are just waiting for the right opportunity.
Without the right information and data, navigating the market with confidence can feel impossible.
That's what we're here for.
If you have any questions or need personalized advice, reach out.
Scroll down for all of our regular real estate and community features.
Talk soon,
Chris, Patric, Julie, Jasmine, Kristi & Brell
In North Okanagan Real Estate
As of the morning of Friday August 9, there are 1060 homes showing as active listings here in North Okanagan. On August 2, there were 1051 homes active.
Sales ranged from $261,000. to $2,000,000. Days to sell ranged from 9 to 205. 3 listings expired, 14 were cancelled.
29 prices were reduced over the last week.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$261,000.
Low Sale
32
New Listings
$2,000,000.
High Sale
14
Listings Sold
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
ALL ABOUT THE STATS
๐ง๐ต๐ฒ ๐๐๐น๐ ๐ฎ๐ฌ๐ฎ๐ฐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐ฎ๐๐ ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐ก๐ผ๐ฟ๐๐ต ๐ข๐ธ๐ฎ๐ป๐ฎ๐ด๐ฎ๐ป ๐ต๐ฎ๐๐ฒ ๐ท๐๐๐ ๐น๐ฎ๐ป๐ฑ๐ฒ๐ฑ, ๐ฎ๐ป๐ฑ ๐ถ๐ณ ๐๐ผ๐โ๐ฟ๐ฒ ๐ฎ ๐ฝ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐ต๐ผ๐บ๐ฒ๐ฏ๐๐๐ฒ๐ฟ ๐๐ต๐ถ๐ ๐๐ฒ๐ฎ๐ฟ, ๐๐ผ๐ ๐ฑ๐ผ ๐ป๐ผ๐ ๐๐ฎ๐ป๐ ๐๐ผ ๐บ๐ถ๐๐ ๐๐ต๐ฒ๐บ. With an abundance of new inventory coming to market every week, longer listing times and the added negotiating power of holding home prices, now could be an advantageous time tp make a move to the property you've been dreaming of.
๐ฟ๐ค๐ฃ'๐ฉ ๐จ๐๐ฉ ๐ค๐ฃ ๐ฉ๐๐ ๐จ๐๐๐๐ก๐๐ฃ๐๐จ, you can have a peek at your own list of homes, in your favourite neighbourhoods, within your budget โ all from the comfort of your home.
We're ready - ๐ง๐๐๐๐ ๐ค๐ช๐ฉ ๐๐ฃ๐ ๐ฌ๐'๐ก๐ก ๐๐๐ฉ ๐ฎ๐ค๐ช ๐จ๐ฉ๐๐ง๐ฉ๐๐
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WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
2
New Listings
0
Listings Sold
0
Price Up
6
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
20
New Listings
10
Listings Sold
0
Price Up
19
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
7
New Listings
3
Listings Sold
0
Price Up
3
Price Down
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