The HOLM Stretch | May 17th, 2024
Thanks for stopping by.
Happy May Long!
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
In North Okanagan Real Estate
As of the morning of Friday May 17th, there are 958 homes showing as active listings here in North Okanagan. On May 10, there were 915 homes active.
Sales ranged from $195,000. to $1,447,000. Days to sell ranged from 13 to 88. 3 listings expired, 17 were cancelled.
24 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.
$195,000.
Low Sale
59
New Listings
$1,447,000.
High Sale
17
Listings Sold
JUST LISTED
Vernon BC Real Estate | 8590 Harbour Heights Road
Explore this 3 bedroom 4 bath Okanagan Lakeview home with pool!...
Vernon BC Real Estate | 6801 Longacre Drive
Check out this DEVELOPMENT POTENTIAL land in Okanagan Landing, Vernon BC...
Salmon Arm BC Real Estate | 560 7th Street SE
Explore this South East Salmon Arm 4 bedroom 1 bath home....
Salmon Arm BC Real Estate | 3150 16th Avenue NE Salmon Arm
BUILD your home on this .20 acre lot in North East Salmon Arm. Details here....
#21 100 Palmer Road, Vernon, BC
3 bedroom 3 bath Vernon townhome at 21 100 Palmer Road Vernon BC in Okanagan Landing for ...
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
May Long is the perfect time to check out The Strand! Stop in and see Julie and her other realtor colleagues to explore what life could be like on Okanagan Lake!
Mortgage rates.
While many potential homebuyers are adjusting their expectations in this high-rate environment and moving forward with their plans, others are sidelined.
According to a new report by the British Columbia Real Estate Association (BCREA), it is incredibly likely that the Bank of Canada will begin lowering its policy interest rates at some point later this year.
So, what will happen if mortgage rates do drop?
The market will shift.
Buyers will sprint off the sidelines.
Prices will go up.
Competition will heat up—and buyers will need to make decisions faster than before.
The bottom line?
Buying a home is a deeply personal decision—and it might not be the right time for you, right now.
But if you are in the market to buy, and you can afford it, it might make sense to do it sooner rather than later.
If you want to chat further, don't hesitate to reach out.
We're here to help.
Going green = more green in your pocket. 💚
Sustainable home features aren’t just better for the planet.
They’re better for increasing your home value and saving you money on your monthly bills.
How can you get in on the action?
Our latest blog uncovers 5 sustainable home trends for eco-conscious homeowners. Discover how to boost your property's value while being kind to the planet.
5 Sustainable Home Trends for Eco-Conscious Homeowners
Explore five sustainable home trends that can increase property value while reducing your ...
P.S. Wondering how your home would do in this market? Reach out!
MAKING TRACKS
Improved Wood Lake Loop ready for trail users - Making Tracks
The series on Introductory Trails continues this week with the unique combination of an ab...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
4
New Listings
3
Listings Sold
0
Price Up
1
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
46
New Listings
9
Listings Sold
0
Price Up
17
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
5
New Listings
3
Listings Sold
0
Price Up
4
Price Down