What is going to happen with the Real Estate Market in 2023?
Posted on Jan 10, 2023
What is going to happen with the Real Estate Market in 2023?
Click the video, or read below, for my three predictions for 2023.
Prediction #1
The market is either going to go down, go up, or stay the same.
I don’t know what prices are going to do. No one really knows.
No one has a crystal ball and the market can change rather quickly as we saw in the...
Okanagan Real Estate Market Update - December 2022
Posted on Dec 06, 2022
Is this what a typical, balancing market looks like?
The average year to date sale price continues to decline however we have to keep in mind that this average includes all the sales from the spring which was the peak of the market in both sales volume and prices.
November 2022's average sale price of $1,073,250 is about the same as July and over the...
Is the Real Estate Market Balancing? | November 2022 Market Update
Posted on Nov 14, 2022
For the second straight month home prices did not go down. In fact the average home price was up by about a thousand dollars. Are we seeing a balanced real estate market now?
Home prices are actually flat from what they were the month before. That marks two months in a row where prices didn't go down or up they just stayed kind of relatively balance...
Is Now a Good Time to Buy Real Estate?
Posted on Nov 14, 2022
Is now a good time to buy Real Estate?
My answer to this question may surprise you.
For most people, now probably isn’t the best time to buy or sell property. The uncertainty in the interest rate climate, along with rising inflation and the rising cost of living have put pressure on most of us and making a large financial decision is definitely at th...
Should You Hire a Realtor® to Help you Buy?
Posted on Oct 17, 2022
Are you looking to buy a house and you're not sure if you should use a Realtor®?
You should, it's essentially free.
The seller pays your Realtor® from the transaction so you don't have to.
Where else can you get a licensed professional to help you and not have to pay them?
In this video, I explain some of the benefits of working with a buyers agent, w...
Are Real Estate Prices still dropping? October 2022 Market Update
Posted on Oct 05, 2022
Single Family Residential Statistics
The Average Sale Price shows the YTD price of all sales in 2022, and it has continued to decline since the market peaked in March of this year. The average sale price in September was $1,090,830 for a single family residential property, up slightly from $1,046,552 in August 2022. Prices seem to be adjusting but n...