Recent Blog Posts by Jason Neumann

January 2012 Buyers Survey Results For Kelowna And Central Okanagan Real Estate

Below is a recently released Buyers Agents survey by OMREB (Okanagan Mainline Real Estate Board).  A total of 119 real estate agents participated in this survey – representing 58% of the 207 OMREB sales representatives who acted as Buyers Agents and 40% of the 297 deals closed on behalf of Buyers in January. JANUARY SURVEY SUMMARY Property Type: 23.6% by First Time Buyers ...

Kelowna and Okanagan Foreclosure Property Sales For January 2012

The Central Okanagan foreclosure inventory levels continue to show steady increases from month to month especially now in 2012.  As a matter of fact, since January 1,2012, there has already been 76 new foreclosure listings to hit the market.  Buyers ask me all the time if I foresee a large influx of future foreclosure homes coming to the Kelowna real estate market?  ...

November 2011 Residential Sales for Kelowna and Central Okanagan

Kelowna/West Kelowna and Central Okanagan Real Estate Stats - November 2011   Ratio of Sales vs. Total Inventory = 6.59% Condo -- Sales = 52 Condo -- New Listings  = 119 Condo -- Current Inventory = 851 Condo -- Sell/Inv. Ratio = 6.11% Condo -- Days to Sell = 113 Average Price: $250,545 Average Median Price: $219,500   Townhouse -- Sales = 31 Townhouse ...

October 2011 Sales for Kelowna and the Central Okanagan

Kelowna/West Kelowna and Central Okanagan Real Estate Stats - October 2011   Ratio of Sales vs. Total Inventory = 6.38% Condo -- Sales = 50 Condo -- New Listings  = 200 Condo -- Current Inventory = 889 Condo -- Sell/Inv. Ratio = 5.62% Condo -- Days to Sell = 118 Average Price: $250,707 Average Median Price: $210,625   Townhouse -- Sales = 37 Townhouse ...

Kelowna and Central Okanagan Foreclosure Sales October/November 2011

The Central Okanagan foreclosure inventory levels continue to show steady increases from month to month as 2011 comes to a close.  Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched how the local banks and lenders handle the foreclosure process the answer would have to be...no I don't. Reason being ...

Buyers Guide To Understanding Foreclosure and Court Ordered Sales In Kelowna and Okanagan

Foreclosure: A foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Court Ordered Sale: A Court Ordered Sale is the legal process where the BC Provincial Court is petitioned to approve ...

Okanagan Municipal and Regional District Contact Information

Looking for a local Okanagan municipal website can be an extremely frustrating process!  Well look no further, as I have done all the work and compiled a comprehensive list below.  All you need to do now is click on the logo of the municipality or regional district you want more information from.  Quick Links To Internet Maps: City of Kelowna District of West Kelowna City ...

Kelowna Foreclosure Property Sales August 2011

The Central Okanagan foreclosure inventory levels continue to show signs of steady increases from month to month in 2011. Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched how the local banks and lenders handle the foreclosure process the answer would have to be...no I don't. Reason being is banks ...

July 2011 Sales for Kelowna and the Central Okanagan

Kelowna/West Kelowna and Central Okanagan Real Estate Stats - July 2011 Ratio of Sales vs. Total Inventory = 7.40%   Condo -- Sales = 76 Condo -- New Listings  = 177 Condo -- Current Inventory = 993 Condo -- Sell/Inv. Ratio = 7.65% Condo -- Days to Sell = 101 Average Price: $229,469 Average Median Price: $216,950   Townhouse -- Sales = 54 Townhouse ...

Things About Kelowna And Area You May Not Know...

K.L.O. - means "Kelowna Land and Orchard Company", the company owned most of the land in that area for many years. Kelowna's Fall Wine Festival is ranked amongst the "Top 100 Events in North America" year after year. Mount Boucherie is one of five extinct volcanoes found in the Okanagan. Kelowna's five major performance companies produce over 15 plays and musicals each year. The "Sunny ...

Is now a good time to buy Kelowna and Okanagan foreclosure homes?

The Central Okanagan foreclosure inventory is now starting to show signs of steady increases from month to month in 2011. The overall active foreclosure listings pale in comparison to the total inventory in the Central Okanagan which continues to be a good sign. Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched ...

Help Century 21 Assurance Realty "Stuff The Truck" For Slave Lake Fire Victims

Century 21 Assurance Realty Ltd. moving truck will be at the Save on Foods, Westbank Town Centre #1 2475 Dobbin Road from 2pm until 8pm Friday, May 20th to collect donations for the victims of the Slave Lake Fire.   Here's what the residents of Slave Lake need right now: Household Items, Clothing, Blankets, Non-Perishable Food Items, Baby Needs and Pet Supplies. Anything that you donate ...

Best Of Kelowna And The Okanagan Valley - Things To Do And Places To Visit

Are you new the Kelowna area?  Perhaps you are visiting here from out of town?  Kids saying they are bored and not quite sure where to take them for some fun and excitement?  Well here's a list of some very fun family oriented places in the Kelowna area: ATV Tours Boat Rentals Boat Tours Camping Carmelis Goat Cheese Artisan Inc. CrocTalk Conservation & ...

Central Okanagan Buyer Survey Results - March 2011

A recent survey of buyer's agents in the Central Okanagan, North Okanagan and Shuswap regions revealed that: 25.6% of purchases were by Move Up Buyers, 18.9% by First Time Buyers, 13.3% Moving from Single Family to Home Strata unit, 11.1% Buying Revenue/Investment Property, 5.6% Moving from Strata to Single Family Home, another 5.6% Recreation Property Buyers, and 2.2% Moving into Retirement Home/Seniors ...

BC Assessment for Central Okanagan 2011

Recently, 80,000 property owners in the Central Okanagan received their property assessments in the mail.  The majority of these assessments showed little change from 2009 as overall real estate sales in Kelowna and area were quite sluggish in 2010.  It is important to note that BC Assessments do not reflect current real estate market conditions and are more of a general guide ...

Kelowna and Central Okanagan December 2010 Stats

Ratio of Sales vs. Total Inventory = 5.43% Condo -- Sales = 44 Condo -- New Listings  = 166 Condo -- Current Inventory = 884 Condo -- Sell/Inv. Ratio = 4.98% Condo -- Days to Sell = 119 Average Price: $237,066 Average Median Price: $217,450   Townhouse -- Sales = 21 Townhouse -- New Listings = 85 Townhouse -- Current Inventory = 440 Townhouse -- ...

When Life Gets Stormy...Get Back Up!

Life can be stormy just like Okanagan Lake was when I shot this video in late Fall. It's how we react and deal with life's inevitable challenges that truly matters! So no matter where you are at right now: Get back up...Dust yourself off...Don't let anything stop you from believing in yourself! Take care and know you can do anything! Sincerely, Jason Neumann

Canada Post 11th Annual Employee Food Drive November 20,2010

This coming Saturday November 20 Canada Post Employees, their families and friends will be collecting food donations throughout the various neighbourhoods in Kelowna and West Kelowna.  This year the Kelowna Comamunity Food Bank has set a very lofty goal of collecting a 100,000 pounds of food in this single day effort.  Last year the same event saw 36,000 pounds of food collected ...

Kelowna and Central Okanagan October 2010 Stats

Ratio of Sales vs. Total Inventory = 6.31% Condo -- Sales = 44 Condo -- New Listings  = 134 Condo -- Current Inventory = 921 Condo -- Sell/Inv. Ratio = 4.78% Condo -- Days to Sell = 128 Average Price: $244,118 Average Median Price: $216,250   Townhouse -- Sales = 32 Townhouse -- New Listings = 79 Townhouse -- Current Inventory = 456 Townhouse -- ...

Kelowna Average Monthly Temperatures

Kelowna Average Monthly Temperatures: The hot dry summers and mild winters make living in Kelowna very attractive and ultimately is what drew my family here.  With a true four seasons comes all the outdoor lifestyle activities that the Okanagan region has become world famous for!  The Okanagan offers everything from: wine tasting tours, golf, water sports, downhill and cross country ...

Kelowna and Central Okanagan September 2010 Stats

Sales figures were down across the board in all categories in September 2010 for the Central Okanagan.  That being said the most surprising stat is the YTD sales for 2010.  Although there was only a slight 1.51% increase in total YTD sales; when one considers the more difficult mortgage qualifications today and recent implementation of BC's HST that figure becomes very encouraging.  ...

Vision Based Marketing in Kelowna,BC - Get Connected to More™

Get Connected to More™ with Century 21 Canada's latest Internet Based Marketing System: CENTURY 21 CANADA WEB PLATFORM: CENTURY 21 CANADA I-PHONE APP: To learn more about my "Online Marketing Program" for Sellers please visit: What I will do to sell your home.  If you are a first time or seasoned Buyer please visit my blog: Automatic Email ...

Kelowna's gaining prominence on the net

Kelowna,BC is on the radar for tourists looking to vacation in the sunny Okanagan according to Cheapflights.ca  The travel site ranked the popularity of destinations by keeping track of the number of searches on its website.  Kelowna based searches were up 70 percent over the first six months of 2009 according to the site.  Ultimately, Kelowna ranked third ...

West Kelowna Communities in Bloom 2010 Contest Winners

  Every year The District of West Kelowna wants to look its best and with a little help from local residents and businesses they continue to impress contest judges and showcase the natural beaiuty of their city. The West Kelowna Communities in Bloom Committee worked with Master Gardeners Heather Doheny, Hermann Matis, Imelda Nagel and Pat Zander to determine winners in eight categories ...

Central Okanagan July 2010 Stats

With summer now well into full swing in the Okanagan visitors from all over the world are enjoying the many activities and amenities that this region is famous for!  That however, has not translated into more demand for housing in Kelowna as the current real estate market has cooled by nearly 50% in sales over this time last year.  Inventory levels continue to increase giving buyers more ...