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News

Kelowna Real Estate Trends

Posted on Jul 02, 2019



KELOWNA, B.C.
– June 4th, 2019. Residential sales across the region of Revelstoke to Peachland totalled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).

“The local market continues to attract buyers, even though consumers may not have the purchasing power they did pr...

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Looking to Buy A Home? What Canada’s Stress Test Means for You

Posted on Jun 17, 2019





New mortgage rules


In 2017, the Office of the Superintendent of Financial Institutions (OSFI) took steps to help protect lenders and home buyers alike against future interest rate increases. Since January 1, 2018, new mortgages are subject to comparison with higher interest rates than the one issued at the time of the mortgage. Homeowners must be ab...

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Kelowna Real Estate Trends April 2019

Posted on May 08, 2019





Residential sales across the region of Revelstoke to Peachland totaled 707 in April, up from March’s 545 sales and just 5% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB)

April’s average price, at $531,105 was just 4% higher than March and 3% lower than this time last year. A closer look shows single-family pri...

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10 Tips for first time home buyer

Posted on May 08, 2019

 

Looking for a first home is exciting, but it can also be stressful. If you are ready to start your journey into home ownership, here are 10 tips to help you get started:

1. Know how much you can afford


Banks and other lenders have formulas to determine how much you can afford to borrow. But they don’t always have your best interest in mind. Crunch...

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Speculation and Vacancy Tax

Posted on Feb 20, 2019 in Rules & Regulations



The speculation and vacancy tax is a key measure in tackling the housing crisis in major urban centres in British Columbia, where home prices and rents have skyrocketed out of reach for many British Columbians. The provincial government is taking action because people who live and work in B.C. deserve an affordable place to call home.
The speculatio...

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Get In Touch

Gary Judge

Accepted Offer Real Estate Inc

102-347 Leon Avenue  Kelowna,  BC  V1Y8C7 

Mobile: (250) 899-3101

Phone: (250) 899-3101

gary@garyjudge.ca