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Recent Blog Posts by CENTURY 21 Executives Realty Ltd.

October Newsletter Comment....

You must welcome change as the rule but not as your ruler. Denis Waitley When we examine the stats for October of 2011, if there is anything significant about the Real Estate market in the Okanagan /Shuswap, it is that there is nothing significant about it. Sales are constant. Prices are fairly constant. Absorption is fairly constant. Interest rates are fairly constant. From my perspective the reason ...
Posted by Bill Hubbard on December 7, 2011
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North Okanagan Real Estate Statistics

When it comes to predicting the real estate market...it's all in the numbers.  Increasing or decreasing inventories combined with absorbtion rates (the number of properties selling in a given period of time), have consistently proven to provide insight into the future trends.  For the past two months, we are experiencing higher sales volume and lower inventories, the beginning signs ...
Posted by Bill Hubbard on October 26, 2010
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Chairman's Circle 2010

Yours in Development Commercial Real Estate Bill Bill Hubbard, Broker Owner Century 21 Executives Realty Ltd  Vernon BC Broker Owner Century 21 Assurance Realty Ltd Kelowna BC Commercial REALTOR®  TheOkanaganRealEstateHub.com (250)549-2103 Office Reception 1-877-227-4073 Toll Free
Posted by Bill Hubbard on March 5, 2010
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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  ...
Posted by Bill Hubbard on October 22, 2009
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What Sold in North Okanagan real estate last week - Oct. 18 2009 Edition

Here is an overview of the sales activity in North Okanagan real estate from October 12  to October 18, 2009. For more details on the homes, lots, acreages, apartments and townhomes that sold please visit our Okanagan Market Stats web page. Lots and Acreages for sale: Only a single lot for sale moved to sold status. The sale price of this lots was $ 260,000 with a list price of $289,500.  ...
Posted by Brenda Ellis on October 18, 2009
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This Week In Real Estate and The Economy - Media Watch Oct. 5 edition

Our team has sifted through this weeks information about real estate and the ecomony -and here are links to articles that may be of value to you as you consider your real estate path. Please feel free to contact us with your questions and comments about real estate - locally, nationally or globally. Okanagan Real Estate Market News North Okanagan Real Estate Market Activity (TheOkanaganRealEstateHub.com) ...
Posted by Bill Hubbard on October 5, 2009
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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 ...
Posted by Bill Hubbard on September 13, 2009
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Built Green and sustainable... beyond a fad...

Green building, sustainable homes, eco-friendly, re-cycle, re-use, carbon footprint... these are terms we are hearing or reading at every turn. It seems this is going beyond a fad or trendy idea. The fact that we need to pay more attention to the planet that we get our life from is imbedding itself in the collective minds of humanity. There is a definite paradigm shift that is pointing us in that ...
Posted by Charlie Veaudry on June 8, 2009
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Is our local real estate market at or near a bottom?

A combination of personal observations and reports from other sectors are raising the questions in my mind... is our local real estate market at or near a bottom? I looked at 4 very different market indicators and found that they all point to the same answer... yes, our local North Okanagan real estate market may be at or near a bottom. My preliminary look at the North Okanagan sales statistics for ...
Posted by Charlie Veaudry on June 8, 2009
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Looking for a CLUE as to what's going on in North Okanagan Real Estate?

 Here is our monthly update on the North Okanagan Real Estate Market. In addition we have added statistics and charts to give you some perspective on how the market has changed and is changing from May 2007 through May 2009. As always we are happy to answer your personal real estate questions.  Residential    New Listings 172 Listings ...
Posted by Brenda Ellis on June 8, 2009
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Months of Inventory

What I have here is a chart which shows how many months of inventory we have had over the past two years. It shows how the inventory changes from season to season. For more information please call.
Posted by Scott Davidson on May 18, 2009
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MLS® resale housing market stabilizes further in March

Existing MLS® home sales activity increased for the second month in a row in March 2009, according to statistics released by The Canadian Real Estate Association (CREA). The number of new listings also continued trending lower in March, which firmed up the balance of supply to demand. A seasonally adjusted total of 31,135 homes traded hands nationally via the Multiple Listing Service® (MLS®) ...
Posted by Scott Davidson on May 14, 2009
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Mandatory Licencing for Home Inspectors in BC as of April 1, 2009!

As of April 1, 2009 all home inspectors in BC must be licenced by the Provincial Government.  The penalty is a maximum $5000.00 for conducting a home inspection without a licence.  According to the Canadian Association of Home and Property Inspectors BC, "It is important that REALTORS and their clients ask to view the Home Inspector's wallet sized licence, issued by the BPCPA, ...
Posted by Michael Hughes on May 14, 2009
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What Happened in North Okanagan Real Estate in April 2009

April brings more sales action into the North Okanagan Real Estate Market - with increased action across the property spectrum. Here is our monthly CLUE as to what happened: Residential   New Listings 198 Listings Sold 71 Median Price $345,000 Range $145,000 -$1,225,000 Days to Sell 94 Range ...
Posted by Brenda Ellis on May 14, 2009
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A Look at North Okanagan Real Estate by month April 2007 - April 2009

I'm not sure that the saying "A picture is worth a thousand words" was intended to be applied to charts or graphs - or how it relates to the concept of real estate blogging - but here goes. In looking at the numbers recently doing the April Statistics - with the wise words of the world according to Bill still fresh in my ears.. I decided to take some time and look back to see where we have come from ...
Posted by Brenda Ellis on May 14, 2009
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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 ...
Posted by Bill Hubbard on April 30, 2009
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