The HOLM Stretch | May 10th, 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...
Thanks for stopping by.
The legendary service of The Ritz-Carlton Residences is coming to Predator Ridge!
This is big news because the project will mark the first world-class luxury brand to enter the Okanagan region and the first Ritz-Carlton standalone branded residential development in Canada.
Check out what's happening in real estate and our local communities as well as our regular features.
Talk soon,
Chris, Patric, Julie, Jasmine, Kristie & Brell
A first for Western Canada, Ritz-Carlton Residences are coming to Vernon's Predator Ridge - Vernon News
The legendary service of The Ritz-Carlton Residences is coming to Predator Ridge. ...
In North Okanagan Real Estate
As of the morning of Friday May 10th, there are 915 homes showing as active listings here in North Okanagan. On May 3, there were 896homes active.
Sales ranged from $360,000. to $3,200,000. Days to sell ranged from 7 to 223. 6 listings expired, 8 were cancelled.
30 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.
$360,000.
Low Sale
43
New Listings
$3,200,000.
High Sale
16
Listings Sold
COMING SOON
Vernon BC Real Estate | 8590 Harbour Heights Road
Explore this 3 bedroom 4 bath Okanagan Lakeview home with pool!...
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Vernon BC Real Estate | 6801 Longacre Drive
Check out this DEVELOPMENT POTENTIAL land in Okanagan Landing, Vernon BC...
JUST LISTED
Enderby BC Real Estate | 82 Twin Lakes Road
This 3 bedroom 3 bath home on 5+ acres outside Enderby is under construction now. Check i...
Vernon BC Real Estate | 2100 55th Avenue #3
Get all the details on this 2 bedroom 2 bath Harwood home in Vernon, BC´s Bernar...
Vernon BC Real Estate | 83 Peregrine Way #34
You are going to love the view from this 2 bedroom 2 bath lake view home with your own ac...
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
According to a recent Bank of Montreal survey, a significant 72% of potential homebuyers are planning to delay their purchases until interest rates fall.
This shift in buyer sentiment suggests a more cautious market, possibly impacting demand and timing for sellers.
Despite the buyers' wait-and-see approach, there's a silver lining.
The same survey found that 85% of these potential home buyers feel they are making real strides towards their homebuying goals, even amidst some financial anxiety and concerns about costs and climate-related issues.
As we anticipate interest rate adjustments later this year, understanding these trends can help you strategically position your home sale for success.
Reach out and letโs discuss how you can leverage this information to maximize your opportunities if you area considering making a move in the current market.
ALL ABOUT THE STATS
๐ช๐ฒ'๐๐ฒ ๐ด๐ผ๐ ๐๐ผ๐๐ฟ ๐๐ฝ-๐๐ผ-๐ฑ๐ฎ๐๐ฒ ๐ก๐ผ๐ฟ๐๐ต ๐ข๐ธ๐ฎ๐ป๐ฎ๐ด๐ฎ๐ป ๐ฅ๐ฒ๐ฎ๐น ๐๐๐๐ฎ๐๐ฒ ๐ฆ๐๐ฎ๐๐
We're seeing a significant increase in the number of listings coming to the local market - which means more competition if you're a home seller. It's really important to showcase your home by working with a professional real estate team that goes above and beyond to prepare and market your home.
On the buyer's side, steady benchmark housing prices paired with a few recent interest rate holds have increased competition - and the support and strategic negotiations of a trusted real estate team can be the difference between winning and losing the house of your dreams.
READ MORE...
April North Okanagan Real Estate Report 2024
Your APRIL 2024 real estate update inclusive of year-over-year sales stats, current bench...
๐๐ช๐๐จ๐ฉ๐๐ค๐ฃ๐จ ๐๐๐ค๐ช๐ฉ ๐ฉ๐๐ ๐๐ช๐ง๐ง๐๐ฃ๐ฉ ๐ข๐๐ง๐ ๐๐ฉ ๐๐ฃ๐ ๐ฌ๐๐๐ง๐ ๐๐ฉ'๐จ ๐๐๐๐๐๐? ๐๐'๐ง๐ ๐๐๐ง๐ ๐ฉ๐ค ๐๐๐ก๐ฅ!
MAKING TRACKS
'Grand Kelowna Triangle' is the grandest trail in the Okanagan - Making Tracks
This column marks the start of a series about introductory trails to...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
4
New Listings
1
Listings Sold
0
Price Up
7
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
25
New Listings
11
Listings Sold
0
Price Up
17
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
8
New Listings
2
Listings Sold
0
Price Up
2
Price Down