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The HOLM Stretch | August 9, 2024

Chris Holm & Associates

We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan.  We are a true real estate co...

We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan.  We are a true real estate co...

Aug 9 5 minutes read


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's Happening In & Around Vernon

WHAT ELSE WE ARE TALKING ABOUT


ALL ABOUT THE STATS



๐Ÿ‘€  ๐—ง๐—ต๐—ฒ ๐—๐˜‚๐—น๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐˜๐—ฎ๐˜๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—ข๐—ธ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฎ๐—ป ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ท๐˜‚๐˜€๐˜ ๐—น๐—ฎ๐—ป๐—ฑ๐—ฒ๐—ฑ, ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ณ ๐˜†๐—ผ๐˜‚โ€™๐—ฟ๐—ฒ ๐—ฎ ๐—ฝ๐—ผ๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐—ต๐—ผ๐—บ๐—ฒ๐—ฏ๐˜‚๐˜†๐—ฒ๐—ฟ ๐˜๐—ต๐—ถ๐˜€ ๐˜†๐—ฒ๐—ฎ๐—ฟ, ๐˜†๐—ผ๐˜‚ ๐—ฑ๐—ผ ๐—ป๐—ผ๐˜ ๐˜„๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—บ๐—ถ๐˜€๐˜€ ๐˜๐—ต๐—ฒ๐—บ. 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. 

๐˜ฟ๐™ค๐™ฃ'๐™ฉ ๐™จ๐™ž๐™ฉ ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐™จ๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ, 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 - ๐™ง๐™š๐™–๐™˜๐™ ๐™ค๐™ช๐™ฉ ๐™–๐™ฃ๐™™ ๐™ฌ๐™š'๐™ก๐™ก ๐™œ๐™š๐™ฉ ๐™ฎ๐™ค๐™ช ๐™จ๐™ฉ๐™–๐™ง๐™ฉ๐™š๐™™ ๐Ÿ›‹๏ธ


 


MAKING TRACKS

 


WEEKLY REAL ESTATE REPORT


Armstrong BC Real Estate Recap

A look at Armstrong Spallumcheen Market Activity for the last 7 days.

New Listings  Just Sold  Active Listings

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

New Listings  Just Sold  Active Listings

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

New Listings  Just Sold  Active Listings

7

New Listings

3

Listings Sold

0

Price Up

3

Price Down


Whether a purchase or sale is in the future (near or far) or you just want to know what's going in real estate anywhere in the Okanagan Shuswap, we'd love to hear from you.

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