Recent Blog Posts by Bill Hubbard

Will the Internet Eliminate the Real Estate Business?

The structure of the internet started in 1982 with the introduction of Transmission Control Protocol Internet Protocol (TCP/IP), however this was for commercial use only. The internet became available to the public in 1990; therefore, we have 20 years of history to show us the effects of the internet on certain businesses and to take this information and apply it to our own Real Estate business. When ...

Sales and Foreclosure Trends – Okanagan, BC

Even though the market is looking like it has settled and is not decreasing any longer, unfortunately, the number of foreclosures has increased and will probably continue to increase right into 2012. As you can see by the following graph almost 1 in 20 homes in 2011 were in foreclosure. That number has risen from one in 10,000 in 2008. As prices fall in any market place and mortgages are high, more ...

Local Real Estate Market Trends

When looking at the market, people very often forget to discern from the micro and macro effects and trends. The local market has multiple forces pulling at it and no one force is responsible for the market.  We have had rising interest rates and a falling market, and we have had falling interest rates and a falling market. The same logic holds true for the dollar, the government, what is happening ...

Multi Family Investment / Income property sold in Armstrong BC

Downtown, Armstrong BC  -  The 6 plex we had listed at -2900 Wolfenden has been sold. Final subjects have been removed, and we would like to congratulate the new owners on their new real estate investment in the Okanagan Valley, BC Canada Property information on this listing is still available. This Okanagan multi family / commercial development property ...

Links for Development Land. Properties for sale in the Okanagan & Shuswap Feb. 6 2010

Attention developers and investors! Here is a list of our current development land for sale in the Okanagan and Shuswap regions of British Columbia. Click on the links for Information available for the following properties and development project opportunities: Vernon BC multi-family development site in Harwood area Multi-family development approved site and project plans at the Gateway to Turtle ...

Recovery and Government Yields

Here's what RBC had to say this week about the underway recovery and government yields.   Find the article here.   Bill Bill Hubbard Broker, Owner of Century 21 Offices in the Okanagan. The Okanagan Real Estate Hub  - Century 21 Vernon, BC

Why choose Century 21 for your Real Estate experience online?

 Wonder what we've been up to at Century 21 with our website that has been gathering online attention? Have a look at this video to get an overview of how Century21.ca and its affiliated office and agent sites can help you in your search for online real estate information   Visit our office sites for Vernon BC and Kelowna BC and other Okanagan real estate properties for sale  ...

This Week In Real Estate - Media Watch Sept. 13 edition

Here is a look at some of the information we found of interest this week that relates to real estate and the economy: Okanagan Real Estate News CLUE – August 2009 North Okanagan Market Report   an overview of the residential real estate market activity in the North Okanagan Real Estate Real Estate in the North Okanagan Trend Spotting -  August 2007 – August 2009   a ...

Who is Saying What About Real Estate and the Economy - Sept 3

Heading into the fall market, we are actively monitoring who is saying what about real estate and the economy on both sides of the border. Here is what we have uncovered through our various social media channels about who is saying what on both sides of the border: North Okanagan 2 year rolling overview of Key market indicators Commercial Real Estate News - September 2, 2009 a list of ...

The Real Estate market in the Okanagan Valley is in recovery

Most people will not believe that. However, most people did not believe me when I said that the market is starting a correction in the last quarter of 2006 either. The Real Estate Market is actually very predictable. There are certain specific statistics that fluctuate with the market. Most of them change long before prices do.   First, we have the inventory. Even though I am an investment ...