June Conway
Kelowna BC REMAXpersonal real estate corporation
Affiliated with BrentEilers.com
+1.250.317.3136 Contact June
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June's Kelowna Real Estate Blog Archive

Showing posts from February 3, 2007 to April 24, 2008

February 3, 2007
Shuswap January sale activity compared to Vancouver and Fraser Valley - According to Okanangan Mainline Real Estate Board, Shuswap area January 2007 residential sales were less than same...

February 4, 2007
Salmon Arm sale activity - January 2007 residential sales numbers were much the same as January 2006. Residencial sales includes lots & acreages, mobile homes, single family residences and strata...

February 16, 2007
Buying strata: items to consider. - For prospective home buyers, that is a question. While many people say it all boils down to lifestyle choice, there's more to consider when you opt to buy a...

February 17, 2007
Canada ecomony strong but concerns persist - The Canadian economy has been beating expectations on a wide variety of fronts recently. There have been much-stronger-than-expected increases in...

February 17, 2007
Green building trend - A critical component of their success, two of B.C.'s master builders say, is their commitment to the nascent and evolving environmental concerns, or expectations, of their customers....

February 18, 2007
Shuswap is an alternative re "Don't think high density" - The dream of an affordable home in Vancouver is still alive. But there's a catch -- your Shangri-La will be way smaller and packed...

February 18, 2007
Top 10 tips to tart up your pad - Here are the top 10 home-fixing and freshening tips from Colin McAllister and Justin Ryan of the hit HGTV show, How Not to Decorate. 1 Make a plan: Put together a...

February 19, 2007
Condo questions for buyer - To mow or not to mow. For prospective home buyers, that is a question. But while many people say it all boils down to lifestyle choice, there's more to consider when you opt...

February 20, 2007
Rent-or-own question answered - It's one of those eternal real-estate questions: Is it better to rent or own? The Sauder School of Business at the University of B.C. has finally answered it . . . sort...

February 20, 2007
Home ownership still the best investment - Canadian renters face a "daunting challenge" trying to match the wealth accumulated by home owners, according to a Sauder School of Business study...

February 21, 2007
Home relief for first time buyers and seniors - First-time home buyers, and low-income seniors living in million-dollar homes, received a break from the provincial government Tuesday. The...

February 21, 2007
First-time buyers laud changes - A tax break for first-time homebuyers was just what Mike Easton of Burnaby was hoping for. "I'm happy, really happy," said Easton yesterday. The 27-year-old...

February 27, 2007
Eco-friendly building products.....one-stop store! - Interested in a kitchen countertop made of recycled paper that's as tough as steel and heat-resistant to 350 degrees? Or a premium indoor...

March 1, 2007
Housing sales set record - Housing sales across the country set an all-time record last month, once again defying the experts that continue to predict the market is set to fall this year. The Canadian Real...

March 6, 2007
Canadian housing grew at record pace in 2006 - Undeterred by the housing mess south of the border, Canadians bought and fixed up their homes at a record pace in 2006. According to Statistics...

March 7, 2007
Bank of Canada remains upbeat; keeps overnight rate at 4.25% - The Bank of Canada held its key overnight interest rate unchanged at 4.25% yesterday, as expected, and shrugged off recent...

March 14, 2007
B.C. boom towns and busts - This time, B.C. went back to its traditional pattern of attracting people from other provinces. The trend of population movement toward cities is prevalent across Canada....

March 14, 2007
B.C. community population gainers and decliners - B.C. GAINERS. Biggest gainers in actual population..... 2006 2001 Change % change Surrey 394,976 347,820 47,156 13.6% Vancouver 578,041...

March 14, 2007
Canada as a snapshot as of May 16, 2006 - Canada's population grew faster than that of any other G-8 country. The increase is attributed to immigration rather than increased births. - Alberta leads...

March 14, 2007
Salmon Arm included re...."Kelowna just keeps on growing" - Steve Threndyle and his family picked the right time to move to Kelowna. When they got there five years ago, you could -- and...

March 14, 2007
Salmon Arm population increased by 5.3% in 5 years - B.C. COMMUNITIES Place Pop. 2006 Pop. 2001 % change Vancouver 578,041 545,671 5.9 Surrey 394,976 347,820 13.6 Burnaby 202,799...

March 19, 2007
Shuswap real estate average and median prices increase as 2007 unfolds - As the warm weather improves in the Shuswap so does real estate market values! Shuswap average house price vs...

March 19, 2007
Shuswap real estate moves! - Review of Okanagan Mainline Real Estate stats shows that as the year progresses all types of Shuswap properties sell timely. Don't expect to drive home and think about it. If...

March 20, 2007
Shuswap area real estate inventory choices increasing - If your relocating to the Shuswap area or wanting to make an investment this is a great time to focus to make it happen! Units listed:...

March 20, 2007
Shuswap area.....what are folks purchasing? - A quick glance of Okanagan Mainline Real Estate Board stats shows year-to-date buying trend in the Shuswap area: SALES: RESIDENTIAL.....Jan-Feb...

March 20, 2007
First-time buyer tenacity boosts home sales - Higher housing values, tight inventory levels, and all-out bidding wars have yet to deter first-time buyers in their quest to realize homeownership in...

March 21, 2007
Salmon Arm is an alternate re "First time buyers plunge into market" - First-time home buyers in the Lower Mainland continue to raid RRSPs, borrow money from family and take on mortgages...

March 21, 2007
Salmon Arm vs Vancouver housing market....is an option to first time buyers - Yes, it's possible for some first-time buyers to get into the Vancouver housing market, especially if...

March 21, 2007
Salmon Arm is a better real estate choice for city slickers re "Kamloops beckons to city slickers" - The City of Kamloops is targeting Lower Mainland residents where it...

March 21, 2007
Salmon Arm is the best kept real estate secret - Kamloops may be spreading the word overseas to bring newcomers to their city BUT take a second look. Compare how Salmon Arm fares compared to...

March 22, 2007
Salmon Arm & Shuswap waterfront.....price to buy in today! - Waterfront, actually "lakefront" properties are still affordable! Build your home on your lakefront property. Yes,...

March 23, 2007
Shuswap real estate.....new waterfront listing! - Outstanding change to own a slice of Shuswap lakefront! $419,000 for 0.64 acres. Approx 95 ft of Shuswap lakefrontage in Eagle Bay area. Only 20...

March 24, 2007
Salmon Arm real estate.....new condominium listing! - Salmon Arm's Harbourfront Drive is at the foot of Salmon Arm's portion of Shuswap Lake. Location could not be better. Step outside your own...

March 25, 2007
Salmon Arm snapshot - On-going photo tour of Salmon Arm area by clicking onto the June Conway's PROPERTIES page, then click onto the title "SALMON ARM". If you are thinking of making our town or...

March 26, 2007
Salmon Arm Shuswap area is a great suburban investment choice re "Research is key to real estate" - So, you want to invest in real estate and get rich fast? You're living...

March 29, 2007
Blind Bay snapshot - On-going photo tour of Salmon Arm and Shuswap area by clicking onto the June Conway's PROPERTIES page, then click onto the title "BLIND BAY" If you are thinking of making our...

March 30, 2007
Salmon Arm real estate not unlike the rest of Canada re "Jackrabbit start for 2007" - Canada's housing market has gotten off to a hotter-than-expected start this year, a major...

April 1, 2007
Eagle Bay snap shot - On-going photo tour of Eagle Bay area by clicking onto the June Conway's PROPERTIES page, then click onto the title "EAGLE BAY" If you are thinking of making our town or...

April 3, 2007
Salmon Arm Shuswap is a great location to downsize ..... "Boomers drive surge in downsizing" - Canada's baby boomers are planning to downsize their homes -- a trend that...

April 3, 2007
Salmon Arm Shuswap mortgage contacts to make your purchase seamless - Explaining which type of mortgag and/or tailoring your financing needs for your Salmon Arm Shuswap real estate...

April 3, 2007
Make 2007 the year for your Shuswap Salmon Arm real estate investment ..... "Analysts believe mortgage rates will fall" - Many experts believe mortgage interest...

April 3, 2007
Salmon Arm Shuswap home inspectors....."Mistakes when buying can cost dearly" - Buying a home should be among the happiest moments in life, but unexpected problems can transform it...

April 3, 2007
Shuswap Salmon Arm real esate is your first purchase?....."CMHC makes first-home-buying easier" - Scraping together the down payment on your first house or condo has been...

April 3, 2007
Salmon Arm Shuswap real estate purchase option if you have not yet exercised and qualified...."Experts back taking cash from RRSP to buy a home." - ...

April 3, 2007
Salmon Arm Shuswap area home & property inspectors - Having your home inspected by a CAHPI (Canadian Association of Home and Property Inspectors) certified inspector is one of the best ways to...

April 3, 2007
Shuswap Salmon Arm area mortgage quick stats - SALMON ARM Average applicant income: $46,571.00 Average co:applicant income: $21,500.00 Average Loan: $199,416.00 Average Age:40 years...

April 4, 2007
Salmon Arm Shuswap area not unlike trend in Vancouver....."Housing prices continue to climb" - The Greater Vancouver housing market is humming to such an extent that realtors...

April 5, 2007
Salmon Arm Shuswap area real estate versus "Northern BC joins the housing boom" - Strong economic news and relatively affordable prices are driving a real estate boom in much of...

April 5, 2007
Salmon Arm real estate - You'd love to find a real estate agent in Salmon Arm, British Columbia, Canada. You found the right website and "not your typical realtor"........June Conway. June has...

April 6, 2007
Salmon Arm Shuswap area real estate activity is up - Some 63 single family residences changed hands in Salmon Arm the first three months this year, up slightly from 49 for the same period in...

April 7, 2007
Shuswap Salmon Arm area single family residences prices - Overview of the first quarter of 2007 shows purchase opportunities in Salmon Arm and the Shuswap area <$300,000 is lessening! 38%...

April 9, 2007
Carpet cleaning know-how - Whether for spring-cleaning carpets or for year-round maintenance, a new consumer how-to guide can remind you of the drill and define top tips. The title of the guide, Carpet...

April 9, 2007
A fresh coat of paint will improve your home's curb appeal - Spring weather and sprouting gardens can inspire an urge to spruce up the outside of the house — but don't rush it, says Debbie...

April 20, 2007
Shuswap area real estate pace not like the rest of B.C. ....."B.C. real estate slower but steady" - B.C.'s real estate markets are no longer sellers' markets for the most...

April 20, 2007
Shuswap area real estate - Active MLS listings and sale activity are up from same period last year. Plus turn-around-time has improved as well. SHUSWAP area March 1-31, 2007 (2006) % increase UNITS...

April 21, 2007
Salmon Arm Shuswap area real estate more likely to go up than down....."Real estate collapse not looming, after all" - An analysis by one of the country's...

April 21, 2007
Salmon Arm real estate: OPEN Sunday 12:30-2:30 pm - Given thought to a lifestyle change? Lock-up-and-go! Make the time Sunday April 22nd, 2007 12:30-2:30 pm to preview for your considertation an...

April 24, 2007
Salmon Arm Shuswap area buyers....."Homebuyers get payment break" - Ottawa is reducing the cost of buying a home by raising the threshold for compulsory mortgage insurance. An amendment...

April 24, 2007
Shuswap, Salmon Arm area buyers....."Bank of Canada holds steady on key interest rate" - The Bank of Canada is holding its key policy rate steady. Today marks the Bank’s...

April 25, 2007
Salmon Arm, Shuswap buyers & sellers....."Great news on High-ration mortgages" - Due to changes to federal legislation, the threshold triggering the requirement for high-ratio...

April 27, 2007
Home products: Stone-age heating system making waves - I was confident last week that warm weather was on the way. I must have missed the memo. The wind is howling and hurling splats of wet snow...

April 27, 2007
Shuswap Salmon Arm buyers and sellers mortgage info - Federal Legistation has increased the maximum loan to value ratio under which conventional lending can be done without a requirement for...

April 27, 2007
Salmon Arm Open House 2-4pm - Excellent opportunity to preview the great location of 480 Harbourfront Drive, Salmon Arm between 2-4pm Saturday, April 28th, 2007. 1215 sf two bedroom, two bath condomium...

April 28, 2007
Real Estate....."Old marijuana grow ops can be great deals for home buyers" - Getting a deal on a property once used to cultivate marijuana in the basement isn't a problem as long as...

April 29, 2007
Salmon Arm Shuswap strata smarts....."New rules not enforceable." - Dear Condo Smarts: We bought our condo a few years ago and are planning to retire to Vancouver Island in 2010. The...

May 2, 2007
Shuswap area real estate.....Getaway prices go way up - Lots of baby boomers have lots of money and they're buying lots of recreational property for, you guessed it, lots more money. That's...

May 2, 2007
Shuswaps North Shore real estate activity over the years - Location, location, location is key to equity increase. Check out just what it takes today to jump in and own a recreational slice...

May 2, 2007
Shuswap North Shore.....Hunting for a slice of Canadian Paradise - Dreaming of sitting on the deck of a cottage, soaking in the view and then going for a swim? Prices may be...

May 6, 2007
Salmon Arm Shuswap strata smarts....."Costly Misunderstanding" - Dear Condo Smarts: We purchased a townhouse in Langley before Christmas in a phased development. We seriously misunderstood...

May 13, 2007
Salmon Arm Shuswap strata smarts....."Vote to outlaw lockboxes." - Dear Condo Smarts: In the last six months, our strata corporation has experienced constant vandalism and break-ins to...

May 14, 2007
Shuswap recreational real estate....."Selling your cabin. Keep your receipts." - With baby boomers scouring the country looking to buy cabins and recreational properties, you may...

May 16, 2007
Salmon Arm is an alternative retirement destination re "Condo fever predicted to spread" - The Lower Mainland's seeming addiction to condominium living will continue to spread...

May 18, 2007
Salmon Arm Shuswap real estate not unlike the rest of BC...."Northern Lights shine bright" - The Northern Lights Real Estate Board represents one of the smallest population...

May 18, 2007
Shuswap Salmon Arm real estate....."Northern real estate hot" - The Northern Lights region of B.C. (which includes Dawson Creek, Chetwynd, and Tumbler Ridge) saw real estate prices jump more...

May 22, 2007
Upgrade your garage to increase the value of our home - Whether selling your home or just giving it a good spring cleaning, one of the best ways to increase its functionality is to optimize the...

May 25, 2007
Show time: getting your home ready for its close-up - When Michael Waterfield wants to boost the appeal of a home, he adds a dash of red. "It's the colour of passion and the colour of...

May 30, 2007
Canadian dollar soars to 30 year high - While the Bank of Canada didn't raise rates Tuesday, a warning that higher interest rates will likely be needed to rein in inflation sent the Canadian dollar...

May 31, 2007
Salmon Arm, Shuswap residential real estate compared to the rest of Canada - Fresh records set across Canada in the month of April for residential average price: April 07 (April...

May 31, 2007
Home inspections save time, money and grief - Are you buying a home, selling a home or considering a renovation? Before you begin the process, consider hiring a certified home inspector. A home...

June 1, 2007
Choose renos that maximize your payback - In the 30 years Bill Hurren has owned his Cabbagetown home, he has completely renovated and restored it (and a coach house in back), using the best materials,...

June 1, 2007
Accessible design? As long as it's not ugly - When Sheryl and Robert Lewandowski, both in their early 50s, designed their dream home, they put their master bedroom, laundry room and master bath on...

June 5, 2007
Heated housing market eases ever so slightly - Lower Mainland real estate markets continued simmering rather than boiling in May with enough heat to push Greater Vancouver's so-called benchmark...

June 6, 2007
Average price of a waterfront cabin tops $1 million in B.C. - British Columbians dreaming of owning waterfront property now have to pay more than $1 million. That's up from $996,000 at...

June 9, 2007
Non-toxic choices increasing - You have decided to go gusto green in your next new home or reno project: bamboo flooring, Forest-Stewardship- Council-certified wood cabinetry, recycled glass countertops and...

June 10, 2007
Economy starting to slow down - The Canadian economy is showing some signs of cooling, with little change in employment in May, a decline in trend-setting single-family-housing starts, and a slowdown the...

June 10, 2007
Economy starting to slow down - The Canadian economy is showing some signs of cooling, with little change in employment in May, a decline in trend-setting single-family-housing starts, and a slowdown the...

June 10, 2007
Time to "summer-ize" your home - We've all heard of winterizing cars and cabins, but whoever heard of "summerizing" a home? New York-based home-efficiency expert Robin Wilson says summerizing...

June 10, 2007
STRATA: Pet Bylaws & Form B's must be read before subject removal - Dear Condo Smarts: Can you please tell us what information is supposed to be included with the Form B information...

June 11, 2007
Mortgage rates not completely linked to Bank of Canada moves - Dear Chris, I'm close to buying my first apartment. A couple weeks ago you reported that the Bank of Canada was leaving...

June 13, 2007
Canadian home sale - Each Canadian home sale on average generates a $32,000 in additional consumer spending, the Canadian Real Estate Assoc. says in a report that notes the national high -- $40,450 -- is in B.C....

June 14, 2007
Salmon Arm Shuswap area buyers....."Mortgage rates rise fourth tme in a month" - The cost of buying or paying for a home just got more expensive. The Royal Bank and Bank of...

June 14, 2007
Shuswap Salmon Arm area....."Price climb to slow, not stop" - B.C.'s hot housing market will cool but continue to climb, according to the Credit Union Central of B.C. After a stunning...

June 15, 2007
Housing gets alot less affordable - Housing affordability is deteriorating across Canada as price increases outstrip gains in household income, a report said Friday. Affordability worsened for all...

June 15, 2007
Shuswap Salmon Arm is an alternative....."70% of pre-tax income needed to buy a home in Vancouver" - If you can live on 30 per cent of your pre-tax household income, RBC...

June 15, 2007
Canadian resale housing - The resale housing industry in Canada generated more than 158,000 jobs and an average of $15.3-billion annually in the past three years, according to a study by the Canadian Real...

June 16, 2007
Salmon Arm Shuswap is an alternate....."70% of your income - The affordability of most types of housing deteriorated in the Greater Vancouver area in the first three months this year as...

June 17, 2007
Mortgage rates cause for "sympathy' - Mortgage-rate hikes don't bother Agnes Schoepfner. She's living debt-free -- in a 10-metre RV in South Surrey. But she has a lot of sympathy for people trying to...

June 17, 2007
Homes less affordable - Housing affordability has started to deteriorate in Canada, according to a report Friday, and the situation will likely worsen through the end of the year as interest rates rise....

June 18, 2007
Canada's interest rates likely to climb higher - Tuesday's May inflation report could provide Canadians with a reprieve from a looming round of interest rate increases next month, but don't bank on...

June 20, 2007
Rate hikes likely despite cool May - May's softer inflation data won't keep the Bank of Canada from raising rates to help cool an economy close to overheating, economists agree. But with the central...

June 20, 2007
Buying a house? Your family needs to make $114,000 a year. - Buying the average B.C. home this month requires $21,150 more in annual income than it did at the start of the year, according to...

June 21, 2007
Making home ownership more accessible - Saving for a down payment can be the hardest part of buying a home. Mortgage loan insurance helps consumers buy a home with little or no money down and enjoy the...

June 22, 2007
Chances good for another interest rate increase, evidence suggests - Evidence to support the argument against an interest rate increase next month mounted Thursday. But the case in...

June 22, 2007
Shuswap real estate....."Vacation properties top goal for boomers, survey says" - One out of every four Canadian adults would like to purchase a vacation property while one in seven...

June 22, 2007
The straight goods on the best goods for your home - Too much information is the plight of our generation. It seems everyone is an expert. "Insider tips and must-have sources" are...

June 23, 2007
Salmon Arm Shuswap real estate......"B.C.'s average new home price predicted to hit $700,000 by 2009" - The average price of a new home in Greater Vancouver is forecast...

June 23, 2007
Royal Bank foresees risks for BC economy - Downside risks are emerging for British Columbia's otherwise healthy economy, according to a provincial economic outlook released Friday by Royal Bank....

June 24, 2007
Salmon Arm Shuswap....."Selling a home takes a lot of work" - Spring and early summer is the prime time for flowers, patios and moving. "The first flower of spring is a 'For Sale'...

June 24, 2007
Shuswap Salmon Arm area....."Get cabin ready for summer" - After a long harsh winter, warmer days are finally here and many of you will be opening up the cabin for the summer. Before settling...

June 24, 2007
Salmon Arm Shuswap real estate....."Study insurance to reduce financial risk" - Insuring seasonal or recreational homes is different from insuring your primary residence, says Brooke...

June 24, 2007
Salmon Arm Shuswap real estate....."Smart financing equals alternative, a second home such as recreational property" - Buying a recreation property is often seen...

June 24, 2007
Shuswap Salmon Arm area real estate....."Easier access makes BC hot all over" - British Columbia's recreation property market continues to ride the wave of Western Canada's economic...

June 24, 2007
Shuswap Salmon Arm area real estate - Curious what it takes to finance a second home or recreational property in the North Okanagan's Shuswap, Salmon Arm? Talk to the local finance experts: VIC...

June 24, 2007
Finance Shuswap Salmon Arm recreational property or second home with the local experts - The following mortgage brokers are in-the-know of financial options available and will...

June 24, 2007
Salmon Arm Shuswap real estate....."Choice BC real estate spots" - Vancouver Island, the Sunshine Coast and the Okanagan remain the most popular buyer targets in B.C. for recreational and...

June 24, 2007
Salmon Arm Shuswap real estate - Have June Conway, RE/MAX June Conway Realty 1.888.657.7123 june@juneconway.com assist with looking for the perfect setting, not a good deal! To help you before you buy, to...

June 27, 2007
Salmon Arm, Blind Bay and other Canadian cities new home prices - 2007's continued strong market activity across Canada will likely increase values of new home construction. Take a glance...

June 29, 2007
Rising mortgage rates aren't always a reason to panic - With Canada's major banks raising mortgage rates almost a full percentage point over the past two months before backing down, and the Bank...

June 29, 2007
Finding the right Salmon Arm home - June Conway, RE/MAX June Conway Realty can provide detailed information on almost any property currently listed for sale, whether it is listed by RE/MAX or another real...

June 30, 2007
Shuswap Lakefront properties......"Don't wait and buy the best" - What happens when $41 trillion in demand meets a two-per-cent supply? What happens when the No. 1 objective of North...

July 7, 2007
Real estate preditions informed guesses at best - Should a longtime owner of an income-producing rental apartment sell and take advantage of high condo prices? Should a first-time buyer finally now...

July 11, 2007
Higher rates mean costlier mortgages - Borrowing costs for Canadians are up and likely to go higher. The Bank of Canada raised its key lending rate a quarter point Tuesday to a six-year high of 4.5...

July 12, 2007
Condo buyers, get help - There are a number of professionals who can help you find the right condominium. Real estate agents, lawyers, developers and financial advisors all play an important role. Because...

July 13, 2007
Rise in price in of new home continued to slow in May - Canadian new housing prices increased at their slowest pace in more than a year in May, led by Saskatchewan and Alberta, yet were still...

July 13, 2007
Condo living minus the sacrifices - Most young couples sell smaller homes and move up to bigger spaces. It's older folks who usually sell their family home and downsize to a condominium after the kids...

July 13, 2007
Condo living tips - Interior decorator Lori Steeves, owner of Simply Home Decorating, says it's easy to live large in a small space. Here are her top tips: - Keep it simple. Too many colours can easily...

July 13, 2007
New home prices sky-rocket across the country - After months of modest gains, new home prices in Greater Vancouver jumped in May, gaining 8.8 per cent over the same month last year, Statistics...

July 13, 2007
New home prices seeing significant increases - Cost of new homes in Canadians cities are seeing increased value with some locations more "tremendous" than others: % change May 2006 -...

July 14, 2007
Salmon Arm real estate: NEW LISTING - Stunning one level open floor plan with a list of special features: 3/4 " birch hardwood in all rooms except the tiled bathrooms, laundryroom and entrance...

July 15, 2007
Salmon Arm real estate: NEW LISTING - Attractive proudly and well kept two level 2 bedroom, 2 bath 1,600 sf residence and detached 2,000 sf professional workshop.....both located on a 3/4 acre property...

July 16, 2007
Shuswap real estate market review - 222% increase in Shuswap residential sale* activity since 2000. Shuswap includes Blind Bay, Chase, Eagle Bay, Monte Lake/Paxton Valley, NE Salmon Arm, North Shuswap,...

July 17, 2007
Shuswap area single family residentail prices - Single family residences all across Canada were stronger July 2007 compared to the same time last year. Take a look how much in twelve months!...

July 18, 2007
Shuswap area median price compared to Greater Vancouver area - Shuswap area continues to be much more affordable than the Greater Vancouver area. Check out *Median prices of single family...

July 19, 2007
Salmon Arm Shuswap real estate buyers....."Interest rates expected to rise again this summer" - Wage inflation is soaring, and not just in Alberta, says one Canadian bank...

July 22, 2007
STRATA: The in's and out's of legal proxies - At our annual general meeting in June, a number of issues concerning proxies came up that made me rather concerned. I am an owner, but two other...

August 5, 2007
JUST LISTED in BLIND BAY - 2+ acres above 3000 block Eagle Bay Road on Birch Height Drive with stunning, wide 180 degree Shuswap Lake views from two residences sited on this acreage. Both residences built by...

August 6, 2007
Salmon Arm residential average price compared to other Canadian cities - June was another strong month for Shuswap area real estate. Substantial increase in average price of...

August 6, 2007
JUST LISTED in BLIND BAY - Attractive level entry residence in "Alpen Paradies". Approx 3,084 sf on two levels. Main floor includes: spacious entrance foyer, formal dining room, huge kitchen with...

August 13, 2007
$209,000 gives you a very attractive Salmon Arm condominium! - Click to www.juneconway.com and then click onto the PROPERTIES tab and view the photo tour for this spacious 1437 sf two...

August 16, 2007
Construction profit on pace with home prices - As home prices rise, so have the profits of Canada's residential construction industry, according to a report by the Conference Board of Canada...

August 16, 2007
BC housing market to slow - House prices in British Columbia will continue their march upward over the next two years, albeit at a slower rate, according to the Canada Mortgage and Housing Corp. "The...

August 16, 2007
Slow down on the horizon for BC real estate market - As B.C.'s red-hot real estate market is expected to cool over the coming year, spending on renovations will likely increase substantially,...

August 16, 2007
Resale home activity still sizzling - Sales of existing homes in Canada set a blistering pace again last month, and show few signs of letting up for the rest of the year. Resale home transactions hit...

August 17, 2007
Record home sales fueled by recreation, retirement - B.C. home sales set a record for the month of July as strong sales spread beyond traditional hubs of activity. "When we look at the...

August 17, 2007
Okanagan heats up - The South Okanagan Real Estate Board, which includes Penticton (pictured here), reported the biggest percentage increase in home sales of any B.C. region from July 2006 to July of this year....

August 18, 2007
Homespa alleviates chaos when greening your home - Like finding the perfect blue among the 1,000-plus options at a paint store, going green in and around your home can seem like an overwhelming...

August 20, 2007
BC is on track to set an annual record for residential and non-residential building permit values - The value of building permits in B.C. is on track to set a record this...

August 20, 2007
Canadian home sales forcast lifted - Even as the U.S. housing market continues to unravel, record home buying activity in Canada has prompted even higher sale targets and further projected price...

August 21, 2007
BC housing market defies odds, heats up - Exceptional strength in Canada's resale housing market in the first six months of the year prompted the Canadian Real Estate Association on Monday to more than...

August 21, 2007
Housing sector defies forecasts again - Seemingly insatiable demand among Canadian home buyers has led an industry group to raise its 2007 sales target, even as the subprime mortgage crisis and housing...

August 22, 2007
Bank of Canada seen setting own course - As the buzz of possible interest-rate cuts from the U.S. Federal Reserve Board sweeps through global financial markets, some of Canada's top economists have a...

August 23, 2007
Building remains robust around BC - Construction plans throughout B.C. continue to soar as the value of current and proposed major projects shot up $6 billion during the second quarter to $130.2 billion,...

August 23, 2007
MLS home sale activity forcast revised upward - Fueled by record activity levels in the first half of the year, national MLS® home sales activity is expected to reach record levels again in 2007,...

August 23, 2007
Salmon Arm, Shuswap area single family home prices affordable compared to Greater Vancouver area - Single family home values keep rising month after month. Nonetheless the...

August 25, 2007
Home Owners: LEED certification to be ready here within a year - The Canada Green Building Council will introduce a rigorous new home certification program a year ahead of schedule by...

August 26, 2007
Tappen Sunnybrae log home enveloped in nature - Looking for something exceptional. CLICK onto June's PROPERTIES TAB and search for the photo tour of the home listed at $599,000. Charming, private...

August 27, 2007
Shuswap Lake waterfront lot - All you need is $399,000 CASH to own 0.64 acre waterfront lots (includes one with 95 ft lake frontage). Click onto June's PROPERTIES tab for a photo tour of this unmatched...

August 29, 2007
There is no stopping Canada's housing market - "What remains the greatest source of weakness in today's U.S. economy is a continued source of strength in Canada," says Warren Lovely of...

August 31, 2007
Salmon Arm and Blind Bay real estate market highs and lows ytd - You have passed through our communities vacationing in the Shuswap or on your way to Calgary or Vancouver. Each time...

September 6, 2007
Homes sales near record for third consecutive month - Real estate sales across the Lower Mainland continued their upward trend through August, according to statistics released Wednesday, defying...

September 6, 2007
Salmon Arm, Shuswap real estate market growth compared to BC's Lower Mainland area - Salmon Arm, Shuswap area as well as the Lower Mainland real estate markets saw increased sales...

September 12, 2007
Home values likely to be the next victim of the pine beetle - Once the mountain pine beetle has chewed its way through Interior forests, real estate values in the province's booming resource...

September 13, 2007
Baby boomers to continue to drive demand for condo's - Baby boomers leaving their "empty nests" for more convenient, smaller homes near shops and restaurants will keep the price of...

September 13, 2007
Vancouver least affordable - The cost of owning a home in Canada is getting a lot more expensive in every housing type, every province and every major city -- and that's putting a bigger squeeze on household...

September 13, 2007
Vancouver Lower Mainland's condo prices up - Owners of condos on Vancou-ver's east side saw the biggest percentage increase in bench-mark price (the price of a condo typical of that area) in the Real...

September 13, 2007
It takes 71% of household income to buy a bungalow - British Columbia's already prohibitive housing affordability levels deteriorated even further during the second quarter of 2007, the Royal...

September 13, 2007
No break seen in price of condo prices - Growing demand from boomers over age 55 leaving their "empty nests" for smaller homes, combined with first-time buyers looking for affordable housing...

September 13, 2007
Salmon Arm and BC's housing demand - Housing demand is currently broad-based and reaches across the entire province. The Okanagan, Kootenay and Vancouver Island markets are experiencing an influx of...

September 13, 2007
Hot home prices expected to cool - Canadian home prices are running hotter than they should be and, in some parts of the country, overvaluation will lead to slower price gains, a report predicted...

September 13, 2007
Extended mortgages keeps housing market pumped - The residential housing market is on steroids. This is not a metaphorical comment on how strong the market is. In fact, the financial equivalent...

September 13, 2007
It's Payback time - You've bought a home and you've got a five-year $250,000 mortgage at 5.85 per cent. Now for the amortization period - should you go with the traditional 25 years, or use an extended...

September 14, 2007
Home prices running risk of eventual slowdown - Canadian housing prices are likely to soften as the current real estate boom gets long in the tooth and price increases creep above historical norms,...

September 14, 2007
Huge hikes in housing value to end - Current Canadian housing-value trends are "unsustainable," says a senior economist at Scotia Economics. Adrienne Warren said yesterday that rising home...

September 15, 2007
FAQ: Information for non-resident buyers and sellers of real estate - There are certain legal and accounting issues that arise when a non resident of Canada acquires or sells property...

September 16, 2007
FAQ: Information on goods and services tax for residential real estate - When is G.S.T. paid? Goods and Services Tax ("G.S.T.") is payable on the purchase of a new or...

September 17, 2007
FAQ: Income tax rules regarding principal residence - Most individuals who sell real estate are aware that a sale of a principal residence does not attract income tax. The Income Tax Act...

September 18, 2007
FAQ: Property transfer tax and first time buyers information - The Property Transfer Tax is a tax payable to the Provincial Government by purchasers of real estate. The tax applies to all...

September 19, 2007
FAQ: RRSP Homebuyers Plan (HBP) - The HBP is a program that allows individuals who are first time home buyers to withdraw up to $20,000.00 from their Registered Savings Plans to buy or build a home for...

September 20, 2007
FAQ: Strata Property Act re information on age bylaws - (October 2003 prepared by Spagnuolo & Company Real Estate Lawyers) The information above is not, nor is it intended to be, legal...

September 21, 2007
FAQ: Strata Property Act re information on pet bylaws - Pets are quite often controversial issues when living in a strata complex. The Strata Property Act leaves the regulation of pets to the...

September 22, 2007
FAQ: Strata Property Act re information on rental bylaws - The rental of strata lots is governed by Part 8 of the Strata Property Act, which allows a strata corporation to regulate the rental...

September 23, 2007
FAQ: Title insurance - an explanation - Title Insurance is a form of insurance policy that protects purchasers from a number of potential risks. These risks are usually matters which are not covered...

September 24, 2007
FAQ: An explanation of the Torrens System - In conveyancing, one of the lawyer’s responsibilities is to confirm that the party selling the property actually owns the property that they are selling....

September 27, 2007
What's green, what's not - Since learning my trade at the hand of my father, "making it right" has been the only option for me (Mike Holmes). That means building solid, safe and legal. Today,...

September 28, 2007
Second, third-time buyers fuel 2007 house sales - A summertime house-hunting spree in B.C. has defied economists' expectations and will likely push 2007 sales to near the 2005 record. B.C. Real...

September 28, 2007
Salmon Arm, Shuswap area real estate....."House hunting spree may slow" - In 2007, British Columbians have defied forecasts of slowing housing sales and will make a near record number...

September 28, 2007
Salmon Arm, Shuswap area is an affordable alternative....."Homes are hard(er) to buy in China" - China raised interest rates on some mortgages and increased minimum down...

September 28, 2007
Wood floor and alternatives - Solid hardwood floors are great, although they can be expensive. Usually, they are three quarters of an inch thick, and between three and seven inches wide. They can be sanded...

October 1, 2007
Salmon Arm, Blind Bay real estate prices - Average prices indicate market trend only. They do not reflect actual prices, which vary from house to house and area to area. The median sale price is the...

October 2, 2007
Blind Bay, Salmon Arm real estate prices - Every month shows big gains in market value. Note.....Average prices indicate market trend only. They do not reflect actual prices, which vary from house...

October 3, 2007
Salmon Arm real estate vs Vancouver's Lower Mainland....."Prices, sales up in September" - Sales of detached and attached homes and apartments in Greater Vancouver reached...

October 3, 2007
Salmon Arm real estate vs Vancouver's Lower Mainland....."Demand for houses strong inspite of rising prices" - A wide range of housing and financing options are...

October 4, 2007
Salmon Arm real estate - Salmon Arm is dynamic small city of approx 17,000 residents (2006 census) with amenities servicing the adjacent communities of the Shuswap area. There is a NE, NW, SE and SW Salmon...

October 5, 2007
Shuswap area real estate - Thought has been linkering to make the leap to the Shuswap. There is no better time than now! Selection is great and pace has slowed somewhat. 917 active listings: 464 single...

October 7, 2007
Rising home values turn on the equity taps - With house prices on a steady rise across Canada and more seniors looking to tap the equity in their homes, reverse mortgages are gaining greater...

October 8, 2007
Shuswap, Salmon Arm house prices compared to Vancouver's Lower Mainland - Buyers fuel continued growth in the Shuswap housing market not unlike Greater Vancouver. There is no single...

October 9, 2007
The bloom is still on the real estate rose - Vancouver's housing prices continue to defy the laws of gravity, but they won't be able to indefinitely thwart the laws of economics. All markets --...

October 10, 2007
Real estate...."Surge in multiple-unit starts propel new home construction" - B.C. housing starts last month more than doubled from a year ago, driven by a surge in multiple-family...

October 10, 2007
Real estate west...."High house prices spur switch to condo-building" - Surging multi-family home construction has pushed 2007 Lower Mainland housing starts above last year's pace for...

October 10, 2007
Salmon Arm real estate up 102% - Home values have increased as much as 102% in 7 years. The average single home price in Salmon Arm is now over $333,000. The current market value for homes remains...

October 10, 2007
Real estate....."Housing starts soar in September" - Housing starts hit a 29-year high last month amid a flurry of condominium construction, though the torrid pace is expected to taper off....

October 12, 2007
Salmon Arm, Blind Bay new home prices compared to rest of Canada......"Price of new housing still modestly up" - New house prices in Vancouver rose by a relatively...

October 12, 2007
Salmon Arm, Blind new home prices jump double-digit - Average new home prices have made substantial increases the past couple of years in Blind Bay and Salmon Arm. The trend to date shows no...

October 13, 2007
Salmon Arm, Blind Bay new home prices today - Stalling to buy costs! Unless you can save the double digit increases new home have been receiving.....focus on buying now. Increasing prices may slow...

October 14, 2007
Salmon Arm, Blind Bay real estate.....lot prices up - Lot values* have jumped as much as 127%, 120% and 73% in less than 2 years; Blind Bay, SE Salmon Arm and NE Salmon Arm respectively. Lot...

October 15, 2007
Salmon Arm, Blind lot prices today - First of all availability of serviced subdivion lots is limited. They are snapped quickly when they come on stream. Good news for those subdividing and quick...

October 16, 2007
Salmon Arm, Shuswap compared to rest of BC's demand for luxury homes - Sales of luxury homes in B.C. are hot. So far this year 59 homes have sold for more than $3 million in West...

October 17, 2007
Slow and steady growth forcast for residentail real estate - After posting extraordinary gains in 2007, housing market performance will moderate in most major Canadian centres in 2008,...

October 24, 2007
Salmon Arm, Shuswap an alternative for a home...."Young Canadians want to own a home" - Three-quarters of young Canadians say owning a house is important to them, according to a...

October 24, 2007
Salmon Arm condo sells for record $421,000 in contrast to....."Vancouver condo sells for record $18 million" - An unnamed Portland, Ore. businessman has paid a record...

October 24, 2007
High in the Kootneys....and the Okanagan! - Homeowners in the Kootenays will be pleased to hear that average prices there increased faster over the past year than in any other real estate board region...

October 24, 2007
Home prices up - The Canadian Real Estate Association says the average price of a home in the Real Estate Board of Greater Vancouver's region went up 12.6 per cent from September of last year to September 2007,...

October 25, 2007
Shuswap a real estate alternative....."Boomers boost demand for holiday homes" - Vancouver retirees hunting for holiday homes are driving up the price of recreational property in...

October 25, 2007
Shuwap, Salmon Arm an alternateve......"Boomers boost demand for holiday homes" - "The price and the proximity to Vancouver made it a very attractive development."...

October 26, 2007
CMHC ok's "nothing down" investment mortgages - TORONTO -- You have to wonder what David Dodge will be thinking this time. Just over a year ago, the Bank of Canada governor met with Canada Mortgage...

October 26, 2007
CMHC opens way for more Canadians to become landlords - Canadians can become landlords more easily with a new CMHC mortgage-insurance product that allows people to buy rental properties with no...

October 27, 2007
Earth as a heat source and "sink"....geothermal versus geo-exchange - Literally translated, geothermal means heat from the earth. From an energy perspective, the term has historically...

October 28, 2007
Bylaws often block rentals - Dear Condo Smarts: I own a number of strata units in Metro Vancouver and I am finding it increasingly difficult to rent out my units because of bylaws. They always seem to...

October 29, 2007
Salmon Arm a real estate alternative....."Who, in the real world, can afford to live here now?" - By the standards of our gravity-defying real-estate market, it didn't sound...

October 31, 2007
Construction rate to slow - OTTAWA -- Rising costs are expected to slow the rate of new-home construction and sales of existing homes in 2008, though this year's numbers are still expected to top 2006's...

October 31, 2007
BC house price increases to drop next year by half - Average price gains for B.C. homes will be cut by more than half next year, Canada Mortgage and Housing Corp. predicts. In its...

October 31, 2007
Housing starts expected to dip in 2008 - Canadian housing starts are expected to dip in 2008 as homes become less affordable, but residential construction will remain a cornerstone of the Canadian...

October 31, 2007
Salmon Arm waterfront home for sale - Location! Location! Location! North Canoe is a sleeper. This neighbourhood is within the city limits of Salmon Arm.....the most NE section of. Bright, flat...

October 31, 2007
Salmon Arm character home in the townsite centre - Another location! Location! Location! A 3,064 sf three level updated character style residence sited on two titled lots. Traditional floor plan...

October 31, 2007
Construction like to cool in 2008 - New-home construction in Canada is set to cool slightly next year, and would likely drop more precipitously if not for the widespread adoption of longer-term mortgage...

November 3, 2007
CMHC expects sellers market next year - Expect the average single-family house price to hit $900,000 in Greater Vancouver next year as new jobs and new residents keep the city in a seller's market,...

November 3, 2007
Salmon Arm, Blind Bay, Shuswap.....Renovation projects versus paybacks - The most popular renovation projects (% wise) across Canada in 2006 according to a Canada Mortgage and Housing...

November 3, 2007
Amendments to Homeowner Protection Act come into effect November 19, 2007 - "These changes will provide improved consumer protection and will raise the level of professionalism in...

November 4, 2007
Salmon Arm real estate activity up 1% - Year-to-date Salmon Arm sale residential sales activity is up only 1% from same period in 2006; Jan 1-Oct 31. Dissecting the sale activity, stats show the level...

November 4, 2007
STRATA: Strata Property Act - Door, window rules touch - Our strata corp reads your column every week. We live in a 15-unit patio home. We are a little confused by the Strata Property Act and...

November 5, 2007
Blind Bay sale activity down 4% - Year-to-date (Jan-Oct) Blind Bay sale activity was slightly less compared to same period last year. All types of inventory experienced less sale activity however some...

November 6, 2007
Blind Bay real estate prices up - Even though Blind Bay sale activity ytd was a bit less than last year, Blind Bay lots and single family residences realized price increases (average price between...

November 7, 2007
Mortgages: Go long - The recent creation of 40-year and longer mortgages has given rise to criticisms that such financing options merely encourage people to throw away more money on interest payments. Here is...

November 7, 2007
Salmon Arm, Blind Bay area real estate compared to "Metro real estate hits seldom seen level" - For only the fourth time in the last 25 years, Greater Vancouver realtors made...

November 9, 2007
Salmon Arm, Shuswap real estate....."Make sure your home insurance reflects value" - The conversation, earlier this week, went something like this: Me, to my insurance agent of...

November 9, 2007
New-home price inflations slows down - The rate of inflation on new-home prices in Vancouver slowed to 6.1 per cent in September, according to Statistics Canada's housing price index. Statistics...

November 9, 2007
Salmon Arm new home and new townhome prices....."Buyer shifts demand to lower price townhomes" - New home starts in Greater Vancouver continue to be strong as the end of the...

November 10, 2007
Salmon Arm stats - Incorporated in 1905, Salmon Arm has a total land area of 155.38 square km (2001 Census). By highway the District is 102 km west of Revelstoke, 107 km east of Kamloops and 60 km north of...

November 11, 2007
STRATA:Pre-sale units a double edged sword - Dear Condo Smarts: Our family is on the hunt for a new condo in Vancouver as an investment and for our kids while they go to university. We don't need...

November 15, 2007
Condo demand trending down - Clouds are darkening the court of Canada's condo kingdom. Greater Vancouver can lay claim to having the nation's strongest condominium market, with condos accounting for 60...

November 16, 2007
BC's booming building sector - The construction cranes of Metro Vancouver are hard at work, each new downtown condo tower a multistorey monument to the momentum of the Lower Mainland's real estate boom....

November 16, 2007
Housing market rebounds, heads for record year - Canada's housing market rebounded from three months of declines in October, as resales climbed to their highest level ever, the Canadian Real Estate...

November 16, 2007
Canadian home sales remain strong - Home sales in Canada's major markets during the third quarter of 2007 edged back 4.1% from the previous quarter's record levels but remained strong, according to an...

November 16, 2007
Housing market on course to record - After three straight months of declining sales, the housing market rebounded in October and is poised to set a new record for activity in 2007. The Canadian Real...

November 16, 2007
Divorce stokes the condo boom - Miranda Pearson remembers that when she decided to leave her common-law partner, with whom she was renting an apartment, she began secretly searching for a property to buy....

November 16, 2007
Salmon Arm, Blind Bay house prices compared to Greater Vancouver - October median homes prices $738,000 Burnaby $605,000 Coquitlam $604,500 Delta-South $469,900 Maple Ridge/Pitt...

November 17, 2007
Rate cuts expected next month - More economists now expect interest rate cuts in the months ahead as the strong dollar eats into trade. Weak reports on international trade and manufacturing in the past...

November 17, 2007
Shuswap Stats - Average (Median) Price Jan-Oct 2007: Acreage/House $525,104 ($447,000) Duplex $378,900 ($325,000) Mobile Home $97,190 ($78,000) Recreational $442,833 ($344,750) Residential $339,675...

November 19, 2007
Americans leaving the BC housing market - The flip in the Canada-U.S. currency advantage is encouraging some American owners of B.C. real estate to take an exchange-rate gain by selling their...

November 19, 2007
Shuswap, Salmon Arm and Blind Bay real estate - Bright spots this October included significant residential price increases compared to previous year same month: Shuswap* +20.22% average price...

November 20, 2007
Dollar drops as central bank "hints" as it may cut interest rate - The Canadian dollar retreated towards parity with the U.S. greenback Monday in the wake of a "hint" of an...

November 21, 2007
Higher home costs fueling inflation - The rising cost of home ownership is finally starting to fuel inflation. Last month, the cost of carrying a Canadian mortgage rose more than it has in over 16...

November 21, 2007
Pressure grows for interest rate cuts soon - From cars to cantaloupes, the surge in the Canadian dollar is beginning to put significant downward pressure on consumer prices, leading economists to...

November 21, 2007
Weak core-rate gains increase hope for rates cut - Prices in Canada unexpectedly fell in October to a rate below the Bank of Canada's two-percent target as lower automobile prices brought the core...

November 21, 2007
Inflation falls, interest rates expected to follow - The Canadian consumer is finally reaping the benefits of the strong currency as price cuts by retailers, fearing a surge in cross-border...

November 23, 2007
BC rapidly losing RV parks - B.C. is losing thousands of campsites for recreational vehicles as owners sell off prime recreation properties to take advantage of spiralling land values. That's the word...

November 23, 2007
Inflation taking a big bite out of construction - Inflation in construction costs will eat up about half of the growth expected in spending to build new offices, shops, schools and roads in the...

November 23, 2007
Boom times for construction to continue in BC - B.C.'s record-setting building boom is showing no signs of slowing down. Investment in non-residential construction is expected to hit $16.3...

November 24, 2007
Reno sector booming - It's no surprise the Canadian Home Builders Association deemed October renovation month. It should add November and December, too. In an already superheated real estate market where low...

November 24, 2007
Shuswap area sees record home sales to date - With six weeks remaining, 2007 has already become the best year on record for home sales in the Shuswap area. So far this year, 755 single family...

November 24, 2007
The economy: How long downturn lasts in US key to Canada - It was one of those rare coincidences which cause the view to completely change. The same week in early November that the loonie hit...

November 25, 2007
Canadian home renovations stats - In a recent survey 80% of Canadian homeowners said would rather renovate the home they own rather than sell and move. Last year 35% of Vancouver homeowners renovated...

November 26, 2007
Slowdown in growth expected in fiscal reports - That's what Canadians will need this coming week to find out just how well -- or how badly -- their economy performed through the summer quarter. The...

November 28, 2007
Development costs continue to a take toll - Vancouver-based Eden Group has cancelled two city condominium projects, citing rising construction costs that would have created huge losses if they were to...

November 28, 2007
Salmon Arm, Blind Bay, Shuswap house prices....here and there - Homes prices October 2007 (median value): SHUSWAP AREA $330,000 Salmon Am NE $337,000 Salmon Arm SE $360,000 Blind Bay...

November 29, 2007
Salmon Arm, Blind Bay and Shuswap area house price range over the years - Significant home price increases since the new millenium throughout the Shuswap which includes Blind Bay,...

December 1, 2007
Mortgages for everyone - At one time, choosing a mortgage was like buying a Model T Ford: You could only find it in one colour. Now the Canadian mortgage scene has gone beyond the basic black option and offers...

December 1, 2007
Salmon Arm resale home values keep going up - It's been steady activity for resale homes in Salmon Arm's NE and SE sector of the city. With four weeks remaining, 2007 has come ahead of 2006 for...

December 2, 2007
Will interest rates fall? - To cut or not to cut? That's the question the Bank of Canada will answer Tuesday, letting Canadians know if they'll be paying less to borrow money, and less on their existing...

December 3, 2007
Opinion mixed on likelihood of rate cut - To cut or not to cut? That's the question that Bank of Canada governor David Dodge will answer Tuesday, letting Canadians know if they'll be paying less to...

December 3, 2007
BC home prices through the roof - While sales of existing homes slowed nationally in the third quarter, sales picked up in British Columbia, according to a report from Canadian Real Estate Association. As...

December 4, 2007
Construction costs continue to rise - British Columbians spent more building or fixing up homes in the third quarter of 2007, but mostly because it is more expensive to build and not because they are...

December 5, 2007
Balance of risk shifts, bank cuts rates - The Bank of Canada lowered borrowing costs yesterday for the first time in more than 31/2 years, citing the negative impact of the dollar's recent dramatic...

December 5, 2007
Surprise rate cut lesser of evils - It's a rare day indeed when the Bank of Canada delivers a surprise interest-rate cut and financial shares take a dive. Fear of further subprime rot, apparently,...

December 5, 2007
U.S. woes hit home as Bank of Canada cuts rates - Central banks are warning that the global credit crunch is no longer a problem just for the financial markets, and is beginning to take a painful...

December 5, 2007
Making sure there is no place like home - Homeowners who come into money, either by inheritance or property appreciation, are less shy about indulging themselves, the realty firm Royal LePage has...

December 5, 2007
Bank of Canada cut keeps dollar dropping - The Bank of Canada on Tuesday lowered borrowing costs for the first time in more than 31/2 years, citing the negative impact of the Canadian dollar's recent...

December 5, 2007
House prices go up again - TD Economics predicts the average price of a resale home sold over the Multiple Listing Service will be about $305,000 this year, the third-straight year that the rate of price...

December 5, 2007
November home sales spike as mortgage rate hike anticipated in '08 - More buyers rushed into the Lower Mainland's real estate markets in November, perhaps to beat higher mortgage rates...

December 5, 2007
House price appreciation gap expected to close - In recent years, Western Canada has made the national housing market look a lot better than it really is, but a report released Tuesday says there...

December 7, 2007
Lot values in the Shuswap, Blind Bay and Salmon Arm - You've been toying with the idea to build a home but uncertain what lot values are in our location. Here is sampling of year-to-date lot...

December 21, 2007
Recycle drop-offs nearby for CFLs - Home Depot has launched in-store recycling drop-offs for compact fluorescent light bulbs (CFLs). The bulbs use up to 75 per cent less electricity than incandescents and...

December 21, 2007
Make this Christmas an eco-friendly one - Our guide on how to green your holiday celebrations without turning yourself into a dreaded eco-grinch in the process. Instead of dreaming of a white...

December 22, 2007
Resort stokes Revelstoke - As the first gondola heads up the slopes today, the Revelstoke Mountain development brings the town a promise of economic stability, along with soaring property values and new-found...

January 5, 2008
Northern BC real estate sales set record - Northern B.C. real estate sales last year fell 5.9 per cent below the record set in 2006 but the total value of all sales still hit a record $1.2 billion,...

January 5, 2008
Broadest appeal will sell your home - As real estate prices soar, many homeowners are probably thinking of selling their homes and moving on, either to another home or another part of the country. All...

January 5, 2008
Housing market remained surprisingly robust in 2007 - Greater Vancouver benchmark price (Dec. 2007) Detached homes $730,399 +13.5% since Dec. 2006 +95.5% since Dec. 2002 Townhouses...

January 6, 2008
British Columbians make long committments to mortgages - When talking mortgages, 40 is the new 25. Less than two years ago, the longest amortization period for mortgages was 25 years. And...

January 6, 2008
Salmon Arm mortgage lenders - Not unlike realtors there are many lenders to choose to assist with your real estate needs. A "narrowed list" of Salmon Arm mortgage lenders for your reference...

January 6, 2008
Who can afford million dollar houses? - When you drive the streets of Vancouver's west side, virtually every house for sale is worth $1 million or more, which prompts the question: Who is buying them?...

January 6, 2008
Salmon Arm million dollar houses - Summary of 2007 residentail house sales in the City of Salmon Arm total 311. Of the 311 house sales two exceeded sale price of a million bucks. The following shows a...

January 7, 2008
Salmon Arm and Blind Bay December 2007 average home prices compared to Fraser Valley - Figures released by the Fraser Valley Real Estate Board show a general increase in the...

January 9, 2008
Housing trends: electronic recyling program - Electronic waste is all those stereos, computers and mp3 players that become obsolete and irreparable. E-waste accounts for more than 140,000 tonnes of...

January 9, 2008
Strong job market keeps house prices high - Real estate prices rose between 11 and 12.4 per cent year-over-year, with an average detached bungalow reaching $795,250 in the fourth-quarter of 2007,...

January 10, 2008
Housing trends: Countertops, the quartz invasion - If you're in the market for a new premium countertop surface and you think you'll be selecting granite, think again. After all of your research...

January 10, 2008
New detached homes become scarcer - The new detached house became a rarer commodity in 2007 than ever in Metro Vancouver. Multi-family units accounted for 80 per cent of all new homes started during...

January 10, 2008
Shuswap real estate sale activity and prices up - 2007 sale activity surpasses 2006; up 8.5% in the Shuswap area. Shuswap area includes Blind Bay, Chase, Eagle Bay, Monte Lake/Paxton Valley, NE...

January 12, 2008
BC real estate market - always try to avoid answering the obvious question: "So, how long is this current real estate boom going to continue?" Predicting when the bubble will burst can be dangerous,...

January 14, 2008
Bank rate shuffle - The Bank of Canada has been keeping the bank rate in a tight range for the past year, but last month, it reduced the rate for the first time in 31/2 years -- a quarter-point drop that took it...

January 16, 2008
Shuswap area homes prices keep going up! - I do not have a crystal ball for 2008 but I can share with you the real facts re median house prices in 2007 (compared to 2006). Not only can I pass on to...

January 16, 2008
SERIES 1/3: "Feulling a resort-building boom on Vancouver Island" - Calgarians and Edmontonians are snapping up homes on golf and waterfront properties THE ALBERTA EFFECT A three-part...

January 17, 2008
Housing trends: Dream kitchen - When looking for renovations with the highest return on investment, kitchens top the list. Careful planning and expert help are key to success. Kitchen renovations are...

January 17, 2008
SERIES 2/3: "BC Border towns -- living and thriving in Alberta shadow" - Traditionally depressed areas near Alberta are experiencing unprecedented growth. ALBERTA EFFECT A...

January 18, 2008
SERIES 3/3: " Maverick culture puts Alberta ahead" - Rugged individualism across the Rockies helps province's economy outperform B.C.'s Second Place. First loser. Perennial bridesmaid....

January 21, 2008
Central bank expected to trim interest rate - Statistics Canada likely to reveal data showing core inflation rate steady. On Tuesday, Bank of Canada governor David Dodge is expected to cut...

January 22, 2008
Bank of Canada not done in cutting rates - The Bank of Canada cut the overnight rate this morning by a quarter-point to 4.00%. This was broadly in line with market expectations; however speculation...

January 23, 2008
Central bank, Fed both slash interest rates - With world stock markets reeling at the prospect of a sharp downturn in the U.S. economy spreading around the globe, the Bank of Canada and the U.S....

January 23, 2008
Salmon Arm, Blind Bay houses prices then and now - A market review of the median price of single family residences have risen humungously over the years. If you are hesitating buying this should...

January 23, 2008
Banks lower lending rates after bank cuts - Canada's big banks moved Tuesday to cut their prime lending rates, following a rate cut by the Bank of Canada and confounding some speculation that they...

January 25, 2008
Housing affordability at 17 year low - Years of price gains in Canada's booming housing market have made owning a home the least affordable it's been in 17 years, according to a study released yesterday...

January 26, 2008
Is BC's economy insulated from a US recession? - Stock markets plunged, and rebounded, the central bank of the United States made an unprecedented interest rate cut, and the former chair of the...

January 26, 2008
BC farmers getting richer as land values skyrocket - It is a comfort for B.C. farmers -- although perhaps a cold one in today's tough times -- that they're getting richer because the land they're...

January 26, 2008
Shuswap area farm properties - Shuswap farm sales vary widely depending on location, size, and crops not unlike the other areas of BC. Sprinkling of 2007 Shuswap are sales: Dairy.....$2,450,000 (43.84...

January 26, 2008
Look at me: If I can buy a first home ,you can, too - The housing affordability challenge throughout Metro Vancouver, and the plight of first-time homebuyers in particular, had me thinking about...

January 26, 2008
You can buy your first home in Salmon Arm - 79.5% of Salmon Arm's actively listed homes are priced above $350,000 compared to 99.2% of all new single-family homes in Metro Vancouver and the Fraser...

January 27, 2008
What buyers want in a home - New buyers are looking for features that enhance their comfort, security and enjoyment, and that reflects in the high prices of today's homes. Three experts -- a home builder, a...

January 28, 2008
Salmon Arm waterfront home for sale - $679,000 provides you ownership of 75ft Shuswap Lake frontage. This unique waterfront property is in the City of Salmon Arm. Professional and shopping amenities...

January 29, 2008
Record setting year for sales of existing homes in Canada as well as the Shuswap area - Last year was the best year ever for sales of existing homes, according to statistics...

January 29, 2008
Salmon Arm character-like home with inlaw suite - $439,000 provides you with 3,029 sf of winning features: 5 bedroom, 3 bath residence. Updated 1952 residence sits on two titled 50x105 lots in...

January 30, 2008
Shuswap, Blind Bay and Salmon Arm home prices - Past ten years median house prices have increased by 140.5%, 156.5% and 127.7% in the Shuswap area, Blind Bay and Salmon Arm respectively. 2007...

January 30, 2008
World class housing prices in BC - It's official: Homes in Vancouver, Abbotsford, Victoria and Kelowna are "severely unaffordable" and among the top most expensive housing markets among six...

January 30, 2008
High cost housing - Least affordable cities in Canada: 1. Kelowna (13th in a world rank of six countries), median house price $446,300, median income $52,200, rating 8.5 2. Vancouver (15th), $503,400, $59,900,...

January 31, 2008
Savvy investing tips in the property market - The old saying for investors is: "When everybody else is yelling buy, you should be selling, and when everybody yells sell, you should buy."...

January 31, 2008
Variable rate mortgages shine - Interest rate cuts like the one announced yesterday by the U.S. Federal Reserve are providing some badly needed leverage to people renewing or taking out new mortgages....

February 1, 2008
Shuswap home sale activity - 2007 realized the greatest number of home sales in the Shuswap. Next best year of home sales was 2004. Take a look at the trend of homes sales in the Shuswap the past 10 years:...

February 2, 2008
Blind Bay home sale activity - 2007 was not Blind Bay's strongest year of home sale activity but rather 2006. Not too much difference with year end sale totals nonetheless previous year was a titch...

February 2, 2008
Salmon Arm home sale activity - 2005 was Salmon Arm's strongest year of home sale activity not 2007. Nonetheless the past ten years have seen approximately 5.5% increase annually in home sale activity....

February 2, 2008
Sustainability home tool kit - Natural Step organization recently released a tool kit for Alberta homeowners to understand how to apply sustainable development concepts to everyday household making...

February 6, 2008
Average home prices in the Shuswap compared to Vancouver's Fraser Valley - The average price of a house in the Fraser Valley Real Estate Board's region dropped by 2.6 per cent from...

February 6, 2008
Housing market balancing out: analyst - GREATER VANCOUVER area...... Home-sellers in Greater Vancouver listed properties for sale faster than they sold in January, according to real-estate board...

February 6, 2008
Small steps in your home - Ever wonder when you should replace your old appliances? From a price perspective, here's a rule of thumb: if the cost to repair a household appliance is more than half the price of...

February 7, 2008
A look at the year regarding real estate trends - The B.C. Real Estate Association believes it will remain a seller's market for the foreseeable future in British Columbia. Looking ahead,...

February 8, 2008
Pricey BC properties - Whistler has a new real-estate record with the pending $17.5-million sale of a sprawling luxury home on 1.9 hectares with a view of Blackcomb Mountain. The house, a five-bedroom,...

February 8, 2008
Pricey Shuswap area properties compared to the rest of BC - PRICY SHUSWAP PROPERTIES Most expensive 2007 homes sales include: 1. $2.4 mil (lakefront) 2. $2.285 mil (lakefront) 3. $2.027...

February 11, 2008
Small steps in your home - It pains me to witness all the junk mail that accumulates in a given month. I'm not alone. Surveys tell us that 67 per cent of Canadians are not interested in flyers and advertising...

February 12, 2008
New home prices edge up, just a little - New-home prices in Canada edged up by a lower-than-expected 0.1 per cent in December from the previous month, Statistics Canada said Monday. Many economists...

February 12, 2008
Salmon Arm new home prices - Active Shuswap area listings for new homes built 2007-2008 include: Blind Bay $399,000 - $480,000 range Chase $289,000 - $449,000 Eagle Bay $1,790,000 NE Salmon Arm...

February 14, 2008
Marketing your rental unit - Every landlord wants to find the ideal tenant -- the person who always pays rent on time, never disturbs others, doesn't complain or cause conflicts and keeps the premises in...

February 14, 2008
Buying a home - Buying a home is one of the biggest decisions you'll ever make. So when it comes time to signing on the dotted line, make sure you don't make that decision alone. To help you put together the...

February 15, 2008
Small steps in your home - Many commercial home-cleaning products are loaded with toxic substances designed to make our life easier. Unfortunately, these chemical-based products can in fact make things more...

February 15, 2008
Find your vacation home in the Shuswap - Firm bullish on vacation homes for next 15 years: Owning recreational property is a 10- to 15-year prospect for buyers, according to research by the real estate...

February 16, 2008
Home thoughts: GST rebate address posted - What follows is information about getting money back from government (and how rare is that!) . . . The application form for buyers of new homes applying...

February 16, 2008
Home thoughts: Uplifting scents key to a happy home - 'Smell is a potent wizard that transports you across thousands of miles and all the years you have lived." -- Helen Keller Nearly any...

February 17, 2008
Shuswap area for a second home - Second home numbers surge 22%. Of course, it's just a place for the kids . . . 1.1 million: Number of Canadian households that owned second homes or vacation homes in...

February 17, 2008
STRATA: Study your strata insurance asap - Buildings under construction, major renovations or major warranty claims may have different insurance than buildings that are occupied....

February 20, 2008
Getting your house ready to sell - Today's homebuyers lead busy lives and may not be interested in taking on major repairs or improvements upon moving in. You need to make your house a "10". The...

February 20, 2008
Realtors know real estate - There are more than 145 steps to complete a real estate transaction. It requires an organized, step-by-step approach that many homeowners just don't have the time, skill or...

February 20, 2008
For new home owners - The threshold for the First Time Home Buyer's program -- which exempts those buying their first home from paying the property transfer tax -- was increased to $425,000 from $375,000. In...

February 21, 2008
Managing property requires clear goals - Managing a rental recreation property can be a mixed-up world. You now are an owner of a fine investment. Life is easy from here on in, right? Wrong! I have...

February 21, 2008
Shuswap area...."Finding a home in that suits your lifestyle" - When choosing the right home, it's easy to be overcome by a beautiful setting or a unique architectural style, overlooking the...

February 21, 2008
Real estate activity in the Shuswap - Real estate sale activity in the Shuswap area in January 2008 compared to January 2007 overall is down approx by 23% for single family residential, up approx 120%...

February 25, 2008
Salmon Arm new home for sale - $549,900 only for a brand new 2007 yr built, family residence in a close-in Salmon Arm location to community amenities, schools & lakeshore. Sited on an approx 64x102 ft...

February 26, 2008
Canadian housing market - Canadian real estate markets remain "remarkably buoyant", especially in light of the deepening housing downturn in the United States and the generally softening conditions...

February 26, 2008
Salmon Arm waterfront home for sale - $679,000 is all it takes to have ownership of lots of "ah-hah" Shuswap Lake waterfront moments! Located within the city boundaries of Salmon Arm this...

February 27, 2008
Western Canada enjoys best of bouyant market - Canadian real-estate markets remain "remarkably buoyant," especially in light of the deepening housing downturn in the U.S. and the generally...

February 27, 2008
Real estate remains bouyant in Canada - Canadian real estate markets remain "remarkably buoyant," especially in light of the deepening housing downturn in the United States and the generally...

February 27, 2008
Salmon Arm home for sale - $423,700 offers you a superb location in the heart of Salmon Arm! 1952 yr old home recently renovated. Three floors of approx 1000 sf per floor totalling 3029 sf. 5 bedrooms, 3...

February 28, 2008
Plan your renovations - The first step is to set renovation goals that reflect your lifestyle and priorities. By defining what you want to achieve, the contractors and trades you hire will be better able to...

February 28, 2008
Don't listen to the gloomers - Ten years ago, I wrote a story with a similar headline to the one above. Condominiums in False Creek were going down in value and the gloomers were out in force. In 1999, I...

February 29, 2008
Construction boom "winded" - The Conference Board of Canada is warning of "a lengthy slowdown" in Canada's residential construction industry. It's forecasting that profits --already off 22 per...

March 2, 2008
Shuswap market activitiy - More residential homes came onto the market in January 2008 than same time last year. An increase of approx 72.83%! The totals of residential listings for January 2008 and 2007...

March 2, 2008
Resale listings a record for January - There were more new listings for resale homes in Canada last month than any other January before it, the Canadian Real Estate Association said Friday. That has...

March 3, 2008
Central bank set to cut interest rates, but just how much? - It's no longer a question of to cut or not to cut for the Bank of Canada, but of how low will it go. Canadians will find out...

March 3, 2008
There are ways to avoid probate fees - A recent story on the perils of putting property in joint ownership to avoid probate drew a panicked response from a reader. "Because we knew our mom...

March 3, 2008
Withdrawing RRSP funds can be good for students, home buyers - Saving for education or buying a home often have higher priorities for young people than contributing to an RRSP. But the...

March 3, 2008
BC boom doesn't echo in the outskirts - Bad news hits hard in small towns. Take Mackenzie, a community of about 4,000 in the Rocky Mountain Trench about 1,000 kilometres northeast of Vancouver....

March 4, 2008
Residential construction - The total value of residential construction investment in Canada for 2007 reached $88.7 billion, an increase of 8.5 per cent compared with 2006. Monday's report from Statistics...

March 4, 2008
Bank of Canada slashes interest rates - Forget the talk that Canada's economy can thrive without help from U.S. consumers. The Bank of Canada muted that debate yesterday by taking a rare...

March 4, 2008
Outlook darkens ahead of bank-rate decision - The clouds over the Canadian economy are getting darker, putting pressure on Bank of Canada Governor Mark Carney to make it cheaper to borrow money and...

March 4, 2008
Canadians more loath to buy a home - Canadian consumers are turning more bearish on the housing market, with home buying intentions slipping to their lowest level in years, according to a poll released...

March 4, 2008
Canadians spending more to build new homes, fix old ones - The total value of residential construction investment in Canada for 2007 reached $88.7 billion, an increase of 8.5 per cent compared...

March 4, 2008
New home prices in the Salmon Arm, Blind Bay, the Shuswap area - Moving to the Shuswap area here is what it takes to buy a new home today (remember to add "likely" 5% general...

March 5, 2008
Bank of Canada cuts interest rate to 3.5% - The Bank of Canada slashed its benchmark interest rate by half a percentage point to 3.5 per cent on Tuesday, signalling more rate cuts are likely as it...

March 5, 2008
Homebuyers more cautious - The number of Canadians intending to buy a home is at the lowest level since 2002, according to RBC Royal Bank's annual home-ownership survey released Tuesday. The survey results...

March 5, 2008
Housing market shows signs of cooling down - The number of Canadians intending to buy a home is at the lowest level since 2002, according to RBC Royal Bank's annual homeownership survey released...

March 5, 2008
Ranks of home hunters thinning out - Canadian consumers are taking a more bearish outlook on the housing market, with home buying intentions slipping to their lowest level in years, according to a poll...

March 5, 2008
Home sales expected to drop slightlly in 2008 - Flagging consumer confidence is expected to eat into housing sales in greater Toronto this year, according to poll results released yesterday by Royal...

March 6, 2008
Playing it safe with presale real estate - Consumers have long recognized the inherent value of owning real estate in British Columbia. The demand for new product has never been greater and developers...

March 6, 2008
Real estate still a sellers game in the Shuswap as well as Vancouver's Lower Mainland - housing market I Inventories of residential real estate swelled in February and sales...

March 6, 2008
Real estate markets settling into balance - In the terminology of real estate market analysts, conditions in property markets are settling into balance: an even distribution of supply and demand....

March 6, 2008
Average price in the Greater Vancouver reaching $1 mil mark - At an asking price of $889,000, the Second World War bungalow in the 3100-block West 10th Avenue in Vancouver seemed like a...

March 6, 2008
Average price in the Salmon Arm & Shuswap area still affordable - With two months selling history in the Shuswap area residential average home prices are much more affordable than Greater...

March 7, 2008
Residential real estate markets across Canada - Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively fueled one of the best...

March 7, 2008
Renovating: New flooring durable and easy to install - FiberFloor is a new type of flooring that combines the cushiony feel of carpet with the easy maintenance of vinyl and the relatively simple...

March 7, 2008
Homes: Security system helps but not the perfect solution - Homeowners seeking peace of mind are turning to high-tech alarms and surveillance equipment to protect their investments. But police...

March 7, 2008
Housing market cooling - In another sign the housing market is cooling, a dramatic plunge in applications for multiresidential construction sent the value of building permits issued in January below $6-billion...

March 8, 2008
BC building costs expected to stabilize - A strong provincial economy, thriving oil, gas and mining industries and continued population growth will lead to more stable construction costs in British...

March 8, 2008
Salmon Arm home prices can be affordable - Salmon Arm homes priced under $300,000 are limited! 6.6% of Salmon Arm's current single family residential market. But it is possible and starts at...

March 9, 2008
STRATA: Let your lawyer vent the presale deal - Dear Condo Smarts: With all the media coverage recently about presales going badly, we were wondering if you could answer a question for us. We took...

March 9, 2008
Preparing your home when you head on vacation - The following is a list of things to do when leaving your home to avoid any unwanted surprises while you're away. . Shut off automatic ice maker in...

March 9, 2008
Improve garage doors with condensation issues - Question: We have a wood garage door and during winter, condensation forms inside the door. The water seems to drip down on the floor and puddle...

March 10, 2008
Shuswap area 2-10 acre properties - Salmon Arm, Blind Bay, Chase, Eagle Bay, Monte Lake/Paxton Valley, North Shuswap, Pritchard, Revelstoke, Shuswap/Anstey/Seymour, Sicamous, Sorrento, Salmon Valley and...

March 10, 2008
Salmon Arm home for sale - $399,900 for a Salmon Arm home right in the heart of the city! 3,029 sf 5 bedroom, 3 bath, 2 kitchen, 2 laundry room home. This attractively improved home is on a 50x105 lot with...

March 10, 2008
Housing starts top expectations - In an echo of Friday's much stronger than expected jobs report for February, Canadian housing starts also blew the roof off Bay Street forecasts last month, boosted by a...

March 11, 2008
Single family housing starts continue to plunge - Housing starts for the single-family home market in the Calgary area continued to plunge in February compared with a year ago, but at the same time...

March 11, 2008
Tougher rental rules in effect - B.C. landlords and tenants will face tough new penalties for breaking the province's rental laws, Housing Minister Rich Coleman announced Monday. Effective immediately,...

March 11, 2008
Housing starts on the rise - B.C. posted Canada's largest increase in urban housing starts last month as hunger for condos in the Lower Mainland lit a fire under the homebuilding sector. B.C. posted an...

March 11, 2008
Housing strarts outpace expectations - In an echo of Friday's much stronger than expected jobs report for February, Canadian housing starts also blew the roof off Bay Street forecasts last month,...

March 11, 2008
Rising house prices - Canadian housing prices surged for a second consecutive month in January, dovetailing with unexpectedly strong housing starts data released earlier in the week and underlining the disparity...

March 12, 2008
BC growth expected to be strong at 3.1% - Western provinces are expected to weather the effects of the U.S. economic storm, while Ontario and Quebec are likely to suffer fallout from the gloomy outlook...

March 12, 2008
Home prices increasing - Prices for new homes in Vancouver rose at the national average of 6.5 per cent between January and the same month last year, Statistics Canada says. New home prices for the city...

March 12, 2008
Shuswap Revelstoke real estate market activity slows down - The Shuswap Zone of the Okanagan Mainline Real Estate Board (OMREB) reported total sales dollars of all property types sold on the...

March 12, 2008
Canadian housing prices surged - Canadian housing prices surged for a second consecutive month in January, dovetailing with unexpectedly strong housing starts data released earlier in the week and...

March 13, 2008
Buyers options rise in the Lower Mainland as well as the Shuswap - The Real Estate Board of Greater Vancouver (REBGV) reports that residential attached, detached and apartment property...

March 13, 2008
Shuswap real estate activity for first two months of 2008 - New inventory selection was down in Feb compared to Jan as well as same time last year. Number of properties sold is less this year...

March 14, 2008
Housing woes may move into Canada - With the subprime contagion spreading around the world, Canadians who hoped their homes would be immune from the carnage are wrong. The disease is here and coming...

March 14, 2008
Salmon Arm real estate - Salmon Arm generally tends to have most of its residential sale activity in the concentrated family neighbourhoods of SE and NE sector of Salmon Arm. First two months of 2008 saw the...

March 15, 2008
House prices out of reach for most - got even harder to afford a home in Metro Vancouver at the end of 2007. RBC Economics confirmed Friday what any home shopper here knows -- buying a house will eat...

March 15, 2008
Home affordability: A new oxymoron? - Housing affordability across Canada has dropped to its lowest level since the country slid into a recession in 1990, with the standard two-storey home eating up...

March 15, 2008
Blind Bay real estate - Sale activity in Blind Bay first couple months of 2008 is down 53% compared to same period in 2007. Check out what has been happening in Blind Bay this Jan/Feb: Blind Bay 4...

March 16, 2008
STRATA: Smoking bylaws - Dear Condo Smarts: Our 111- unit condo building in Vancouver is at war over the issue of smoking. We have been unsuccessful in the past years on passing a bylaw that would restrict...

March 16, 2008
Added expenses in addition to your mortgage when you purchase a home - When buying a new home, it is important to remember there are added expenses besides the mortgage. While most...

March 17, 2008
Bank of Canada has room to cut rates - Inflation figures being released this coming week are widely expected to show that the Bank of Canada has a lot of room to cut interest rates to stimulate what...

March 17, 2008
Salmon Arm real estate - Salmon Arm property price range varies like any other city. It is determined by current market value for location, size, age, lot size and condition. Have a look at the range today...

March 17, 2008
How long will the housing boom last? - Garth Turner has some unsettling news for Canadians who've tied their financial future to their homes – every real estate bubble in history has burst, and...

March 18, 2008
Housing market.....tough to quantify any effect on - It is too soon to say whether the rising turmoil in world financial markets will shake the confidence of British Columbians and scare them out...

March 18, 2008
BC housing woes as prices set to soar.....Credit Union warns - They are not on the endangered species list yet, but first-time home buyers are disappearing in urban B.C., victims of...

March 19, 2008
Homeowners gain from falling rates - For B.C. homeowners struggling with huge mortgages, falling interest rates could be the silver lining to the cloud cast by the deepening economic slump in the U.S....

March 19, 2008
Salmon Arm lenders to help you with your home purchase or refinancing - The following list of local lenders come highly recommended when you are thinking about a home purchase in the...

March 19, 2008
Homebuyers rush to pay down mortgages - Canadians who have recently bought a home intend to pay off their mortgages as quickly as possible, with many already taking steps towards that goal, according to...

March 20, 2008
What is a REIT? - REITs are like those books that everybody quotes but nobody has read. So, let's just say that a Real Estate Investment Trust (REIT) is like a mutual fund that deals only in real estate...

March 20, 2008
Home owners rush to pay down mortgages - Canadians who have recently purchased, renewed or refinanced a mortgage want to quickly pay off their debt, a survey by the Canadian Mortgage and Housing...

March 20, 2008
BC is a haven for multi-millionaires - British Columbia's unprecedented housing market expansion will continue into 2009, as economic fundamentals and market conditions remain conducive to high sales...

March 20, 2008
House prices in Salmon Arm, Shuswap area compared to the Vancouver area - Salmon Arm, Shuswap area median house prices ytd (Jan -Feb 2008) continue be more affordable than the Vancouver...

March 21, 2008
Renovations with best home-sale returns - As much as 100 per cent of the cost of a fully renovated kitchen or bathroom, often done with the help of a contractor, can be recovered when it comes time to...

March 22, 2008
Creative solutions to purchase first home - Today's young adults aren't about to let lingering student loans, uncertain career tracks and stratospheric housing prices stop them from finding their...

March 23, 2008
STRATA: Who is responsible for windows? dryer vents? - Who's responsible for dryer vents? Who's responsible for windows? These are the two most common questions we field every day and share a...

March 26, 2008
Condominium sales to slow in 2008 - A slowdown in the condominium market this year could help open the door to home ownership for buyers previously sidelined by soaring real estate prices, according to a...

March 28, 2008
Salmon Arm home for sale - Great 119.5 x 50 ft corner lot in quiet location just above Salmon Arm's townsite. Two level home built approx 1978 has 960 sf on each level. Total of 4 bedrooms, 2 full baths, 2...

March 29, 2008
Cool down in 2008 - The consensus seems to be in: The United States is either in a recession or soon will be. And British Columbia's economy will be partially sheltered and suffer less than other provinces....

March 29, 2008
Salmon Arm home for sale - Spacious level entry 5 bedroom, 3 full bath, 2768 sf family home. Built in 2007. Main floor has 3 bedrooms (ensuited master bedroom) and full bathroom and "great room"...

April 2, 2008
Buyers warm up to green living - Given the ever-present threat of climate change, homebuyers are warming up to the idea of energy-efficient housing. It's not only beneficial to the environment, but it...

April 2, 2008
Mortage rates on the way down - Canada's mortgage rates are heading down. At a time when stock markets are volatile and with the economy and income growth slowing, the positive news for those planning to...

April 2, 2008
Investment properties financing rules change - Budding real estate moguls will welcome the news that Canada Mortgage and Housing Corp. (CMHC) has relaxed the rules for would-be Donald Trumps to...

April 2, 2008
Odds favour variable mortgage rates - Nearly every decision when buying a new home hinges on money. The price of the property, the regularity of the payment, the mortgage term and the amortization period...

April 2, 2008
Mortgage 101 for first time buyers - Sixty-four per cent of Canadian adults own their home, but that number could drop because significantly fewer people intend to buy a home in the next two years due to...

April 2, 2008
Doors open to home buyers - House hunting this spring? You've never had it so good. Interest rates are heading down and choices abound on the mortgage front, with new lenders competing with the banks and...

April 2, 2008
Whooping 82% of Canadians warm to green homes - Given the ever-present threat of climate change, homebuyers are warming up to the idea of energy-efficient housing. It's not only beneficial to the...

April 2, 2008
Potential homebuyers shy away from taking plunge - Sixty-four per cent of Canadian adults own their home, but that number could drop because significantly fewer people intend to buy a home in the...

April 2, 2008
Some homebuyers can take a gamble - Nearly every decision when buying a new home hinges on money. The price of the property, the regularity of the payment, the mortgage term and the amortization period...

April 2, 2008
Just how low will interest rates go - Canada's mortgage rates are heading down. At a time when stock markets are volatile and with the economy and income growth slowing, the positive news for those...

April 3, 2008
Housing market cools with sales dropping - Alberta's resale housing market is cooling in the same manner as Calgary's, with sales dropping and new listings rising dramatically in February, according...

April 3, 2008
Salmon Arm, Shuswap area market activity - 2008 real estate market pace is cooling in contrast to same months in 2007. Each month of single family sale activity in 2008 to date is considerably less...

April 3, 2008
Housing hunting - Buying a home is an exciting prospect. But before you take that step, there are many things you need to know to make a wise choice. The Canadian Bankers Association advises that most importantly,...

April 3, 2008
Interest rate cut necessary: official - More interest rate cuts may be necessary to buffer Canada from the impact of the U.S. economic slowdown, according to the senior deputy governor of the Bank of...

April 3, 2008
Housing sales slow to 2001 levels - Greater Vancouver closed March with its slowest first-quarter for sales since 2001, Canada Mortgage and Housing Corp. analyst Robyn Adamache said Wednesday in an...

April 3, 2008
Flipper or investor? Find your comfort zone. - Yes, affordability is a real issue...it takes 67 per cent of our income in Vancouver to buy the average priced property. Clearly and substantially out...

April 3, 2008
Save money by larger down payment - To obtain a conventional mortgage, home buyers are required to put down at least 20 per cent of the purchase price or appraised value (whichever is less) as a down...

April 3, 2008
Shuswap, Salmon Arm market activity compare to Vancouver's Lower Mainland - 'Balance' is the buzzword analysts use when market supply comes closer to meeting market demand in the...

April 4, 2008
Prices up everywhere except.... - Homeowners and homebuyers can expect prices to keep on rising in the months ahead, but at a slower pace, the head of Royal LePage Real Estate Services says. Phil Soper,...

April 4, 2008
Housing market to sink - A housing expert figures the Vancouver housing bubble will burst after the 2010 Olympics. Steve Pomeroy said people are buying properties, hoping to flip them before the Games,...

April 4, 2008
Smallest cities experiencing biggest gains - Strong local economies, high immigration levels and low interest rates helped the Canadian real-estate market post a first quarter of moderating price...

April 4, 2008
Sustainable real estate - Cash in, turn out, drop off.....Over the next four years, Ron Taylor plans to drop off the grid. The oil-fired furnace is already gone, replaced by electric heat, and Mr. Taylor is...

April 4, 2008
Push to greener housing - Everyone is green today. Environmental responsibility is our mantra. But are homeowners interested only when there is a financial payback, or are they truly committed to saving the...

April 6, 2008
STRATA: Conversion of titled property to divided-strata-titled property - A conversion of property from one-titled to divided-strata-titled property is basically the same as creating a...

April 7, 2008
Salmon Arm, Shuswap area home prices compared to Northern BC - Salmon Arm, Shuswap area home prices are considerably stronger than other areas of BC. March 2008 average price (median price)...

April 8, 2008
Housing starts brisk - Canada Mortgage and Housing Corp. reports the annual rate of housing starts was 254,700 units in March, down slightly from 255,600 units in February. For the first quarter of 2008,...

April 8, 2008
Niche markets being planned for those seeking a place to retire - Like many other people her age, Joan Ford, 65, is getting her head wrapped around the idea of an eventual move into...

April 9, 2008
Shuswap area: whats selling & whats not - March 2008 sale activity of homes with acreage, mobile homes, residential, residential waterfront, townhomes and farms is down compared to same month last...

April 10, 2008
Housing markets on shaky ground - There's no shortage of housing markets that look like bubbles waiting to burst, but economists say Canada has become one of the safer places in the developed world to own...

April 11, 2008
ECO: EPIC change - Mike Holmes has gone green. No, he doesn't have a new pair of overalls. The 44-year-old reno expert has taken up the environmental cause and is as enthusiastic about energy efficiency and...

April 11, 2008
Don't panic on house prices - Homeowners of B.C. -- welcome to the little chill. B.C. householders fearing that the U.S. recession will hammer real-estate prices can relax -- the provincial market will...

April 12, 2008
Salmon Arm new home for sale - Sought-after traditional floor plan with spacious, open, contemporary main floor living with four bedrooms up with laundryroom. Lots of high ceilings on both levels and lots...

April 12, 2008
New home price gains cool slightly nationally - Growth in the cost of new housing slowed slightly in February, Statistics Canada said yesterday. The new house price index rose 0.3 per cent in...

April 12, 2008
Options to paying off your mortgage faster - Good intentions can fall by the wayside when new homeowners pledge to pay down the mortgage as quickly as possible. Unexpected expenses crop up -- and...

April 13, 2008
House prices hold up - The price of new housing edged up 0.3 per cent from January to February 2008, said Statistics Canada. The rate slowed down after two months of accelerated growth but followed a...

April 13, 2008
STRATA: Amending rules and bylaws seek legal advise - Dear Condo Smarts: We are in a divided strata of a highrise and a commercial division. Several years ago, we voted to create sections so that...

April 15, 2008
BC vacant land sale activity - British Columbia experienced a residential land rush in 2007 with buyers snapping up more than 12,000 vacant properties over the year worth more than $3 billion, according to...

April 15, 2008
BC non-residential building activity - Non-residential building activity in B.C. declined in the first quarter of 2008 from the last quarter of 2007, Statistics Canada reported on Monday. And B.C.'s...

April 18, 2008
Housing sales tumble across Canada - The biggest housing boom in more than 50 years appears to be out of steam as sales tumbled in all major cities this winter and listings surged in Western Canada....

April 18, 2008
Housing market cools - Canada's once-hot housing market is clearly cooling with sales falling and the number of unsold homes on the market hitting record highs in the first quarter of the year. Despite an...

April 18, 2008
Housing market softens - Canada's once-hot housing market is clearly cooling, with sales falling and the number of unsold homes on the market hitting record highs in the first quarter of the year. Despite...

April 18, 2008
Getting your house ready to sell - Okanagan Mainline Real Estate Board listing and selling stats are not unlike......A recent report by the Real Estate Board of Greater Vancouver (REBGV) indicates that...

April 19, 2008
ADAMS RIVER: Development comes to legendary river - A development would run through it. It is difficult to stand at the mouth of North America's greatest salmon spawning habitat -- the Adams...

April 19, 2008
BC housing sales dips below 2007 levels - B.C. housing sales lost ground during the first three months of this year -- dipping 13.5 per cent below last year's pace for a total of 18,635 Multiple...

April 19, 2008
The firm foundation of local housing market lets it weather boom-bust cycles - The declaration this week by economist Douglas Porter of BMO Nesbitt Burns that Canada's six-year...

April 21, 2008
Expect further cuts in interest rates - The focus this week will be on how far the Bank of Canada is willing to cut interest rates to cushion the Canadian economy from the slump in the U.S., the strong...

April 22, 2008
Lending rate expected to be slashed - The Bank of Canada is expected to cut its trendsetting lending rate by as much as half of a percentage point today, but the credit crunch that has hit consumers in...

April 22, 2008
Salmon Arm condominium for sale - Just listed a 1,320 sf two bedroom, two full bath condominium at "Lakeside Villas", Salmon Arm. Approximately 10 years old this attractive, top floor corner...

April 22, 2008
Rising house values and lack of inventory challenge first-time buyers, says RE/MAX - While higher housing values and tight inventory levels have hampered home-buying activity so...

April 23, 2008
Bank cuts lending rate - The Bank of Canada cut its benchmark lending rate to three per cent yesterday as the central bank moved to defend against a sharply slowing U.S. economy and its spillover into Canada....

April 23, 2008
BC real estate market still healthy - Despite continuously rising prices, first-time homebuyers are still finding ways to get into the market, real estate firm Re/Max said in a report Tuesday. Even if...

April 23, 2008
Salmon Arm, Blind Bay affordable homes - Salmon Arm and Blind Bay home prices today start at $219,000, $249,900, $259,000 and $329,000, $339,000 $349,900 respectively. Re/Max has looked for...

April 23, 2008
ADAMS RIVER: Development backs off marina - The developer of a controversial resort community on Shuswap Lake withdrew the marina component of the plan just as a packed public hearing into the project...

April 23, 2008
ADAMS RIVER: Development marina shelved - Controversial plans for a large marina and residential development along the Adams River at the mouth of the world-famous salmon-spawning habitat have been...

April 23, 2008
Home debt lasts a lifetime - First-time homebuyers are using 40-year mortgages and low or no down payments to cope with soaring home-ownership costs in B.C., said a report released yesterday by real-estate...

April 23, 2008
Rate cuts herald deeper financial downturn - Canadian banks cut interest rates dramatically yesterday after the Bank of Canada slashed its main rate by half a percentage point and warned that a...

April 23, 2008
ADAMS RIVER: Developer drops marina from controversial plans - Opponents of a controversial resort project are claiming victory after the revelation that plans for an expansive marina at the...

April 23, 2008
Stretched buyers fuel boom in housing - Canada may not have the sizable subprime market of the U.S., but the engine behind the country's housing boom has been increasingly leveraged first-time buyers....

April 24, 2008
Bargain homes in BC - The B.C. Northern Real Estate Board has a suggestion for Vancouver-area homeowners staggering under gut-busting mortgages. Buy a detached house in Kitimat. The community at the head of...



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