The start to 2022 has some of us wondering....what????

By: Coldwell Banker Four Seasons

The start to 2022 has some of us wondering....what????

Tags: Coldwell Banker, Real Estate, Okanagan, BC Assessment, Property, High Demand, Low Inventory

The number of new listings is at an all time low, while the number of people sick is at an all time high.  Is that it...once everyone is healthy this real estate market starts rockin' again.  We don't think so, but the stats sure point in that direction.  High inflation and the threat of increased interest rates certainly have people nervous.  But demand is st...Read More

Q3 2021 - Okanagan Market Overview

By: Coldwell Banker Four Seasons

Q3 2021 - Okanagan Market Overview

Tags: Market, Okanagan, House Prices, Coldwell Banker, Real Estate, Q3

More than ever...the number one question we get right now is "what is happening to the market"?  There is no easy answer as none of us has worked through a pandemic before with crazy household spending, a mass shift to smaller centers from larger cities, government over spending at mind boggling rates.     The Interior Realtors Association has done a fantastic ...Read More

RADON - To Worry or not To Worry?

By: Coldwell Banker Four Seasons

RADON - To Worry or not To Worry?

Tags: Radon, Residents, Real Estate, Report, Okanagan, Coldwell Banker

While Radon can be moved from inside a home to the outside mitigating the negative health effects …one needs to know if there is Radon in the first place. Coldwell Banker Four Season Real estate joined the Take Action on Radon group to help provide Radon test kits to nearly 200 homes. The results are back and 1 in 3 homes tested had Radon levels above the Canadian Guidel...Read More

Market Update

By: Coldwell Banker Four Seasons

Market Update

Tags: Coldwell Banker, Market Update, Real Estate, Okanagan

Like our weather...real estate is HOT! Residential sales for the month of June for the entire Okanagan area totalled 1,381, down from May’s 1,482 sales. The same area also saw a 32% increase in year-over-year comparisons, however that is still in comparison to the restrictive months of the pandemic. Our North Okanagan stats indicate continued pressure as listing inventory stays st...Read More

Mortgage Stress Test

By: Coldwell Banker Four Seasons

Mortgage Stress Test

Tags: Coldwell Banker, Mortgage, Housing, Real Estate, Rates

Once again, we are facing a “stress test” when qualifying for a mortgage. The OFSI (Federal oversight of Charter Banks) is considering increasing the stress test to 5.25% for conventional mortgages (more than 20% equity) effective June 1. This will reset the rate a 2019 rate, making it more difficult to qualify for the higher priced housing we are faced with.   An increase ...Read More

Exciting – yes, Crazy – no!

By: Coldwell Banker Four Seasons

Exciting – yes, Crazy – no!

Tags: Okanagan, Coldwell Banker, Vernon, Real Estate

Are you hearing the stories of people listing their home for sale and getting tens of thousands over asking price? This crazy stories are how panic and expectations start to set in! For many potential Sellers and Buyers - crazy markets are intimidating and some choose to sit it out until it calms down. So, lets look at what has really been happening in the North Okanagan in this fi...Read More

January 2021 Market Stats

By: Coldwell Banker Four Seasons

January 2021 Market Stats

Tags: MARKET, STATISTICS, REAL ESTATE, OKANAGAN, REALTOR, RESIDENTIAL, SINGLE FAMILY, COVID-19

OMREB Stats Media Release Residential real estate sales once again hit a record high in the first month of 2021 across the region from Revelstoke to Eastgate Manning Park and into the South Peace River region, reports the Association of Interior REALTORS®. “Hikes in sale dollar volume is another impact of COVID-19 as buyers are seeking out larger spaces to improve their living cond...Read More

Our latest Newsletter is out!

By: Coldwell Banker Four Seasons

Our latest Newsletter is out!

Tags: coldwell banker, Realtor, You choose the commission, Global Luxury, Client Care

  Our latest Newsletter is out! Don't want to miss an issue - click the link then click on the Join our Email List on the top right. https://conta.cc/2M9jLax   ...Read More

By: Coldwell Banker Four Seasons

Take Action on Radon!

Tags: Okanagan, Coldwell Banker, Radon, Challenge, City of Vernon

...Read More

By: Coldwell Banker Four Seasons

Take Action on Radon!

Tags: Okanagan, Coldwell Banker, Radon, Challenge, City of Vernon

Enter Blog Post Here...Read More