Recent Blog Posts by Jason Neumann

Jason Neumann Kelowna REALTOR® - Client Testimonials

"Being an entire province away from where we intended on purchasing, can make things a bit more difficult. Jason was fantastic to work with. He went above and beyond what is usually required of a realtor and handled many details for us. In our search, he was patient and professional, understanding of our needs, and committed to helping us find exactly what we wanted within our budget. We did! ...

Kelowna and Okanagan Foreclosure Property Sales For February 2012

The Central Okanagan foreclosure inventory levels are showing sharp increases from month to month in 2012.  As a matter of fact, since January 1,2012, there has already been 135 new foreclosure listings to hit the market this year!  Buyers ask me all the time if I foresee a large influx of future foreclosure homes coming to the Kelowna real estate market?  Having ...

February 2012 Kelowna and Okanagan Real Estate Stats

Kelowna/West Kelowna and Okanagan Real Estate Stats - February 2012   Ratio of Sales vs. Total Inventory = 7.43% Condo -- Sales = 54 Condo -- New Listings  = 169 Condo -- Current Inventory = 886 Condo -- Sell/Inv. Ratio = 6.09% Condo -- Days to Sell = 124 Average Price: $204,262 Average Median Price: $186,450   Townhouse -- Sales = 49 Townhouse ...

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 ...

Big News from BC Ministry of Finance regarding HST Rebates

The B.C. government is giving home buyers and builders a more solid foundation for the transition out of the harmonized sales tax, and says it will officially return to the provincial sales tax by April 1, 2013. In the meantime, the government will raise the HST rebate threshold for new home buyers to $850,000, up from the current $525,000. That means more than 90 per cent of newly built homes ...

January 2012 Kelowna and Okanagan Real Estate Stats

Kelowna West Kelowna and Okanagan Real Estate Stats - January 2012   Ratio of Sales vs. Total Inventory = 5.73% Condo -- Sales = 40 Condo -- New Listings  = 174 Condo -- Current Inventory = 850 Condo -- Sell/Inv. Ratio = 4.71% Condo -- Days to Sell = 105 Average Price: $267,945 Average Median Price: $233,000   Townhouse -- Sales = 25 Townhouse -- ...

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?  ...

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 ...

Halloween Safety Tips for 2011

Below are some practical safety tips (found on Halloween Web) to keep you and your little ghouls safe during the excitement and anticipation of trick or treating: Halloween Costume Safety • Wear flame retardant costumes. • Make sure your Halloween costume is colour-fast so the colour doesn't run onto your other clothes if it rains. • Try on costumes before Halloween to ...

Century 21 Canada Conference Edmonton Wine Winners

(Pictured L to R - Elizabeth Martin, Mike Sandstra, Jacquie Chilliak and Jason Neumann) Well another Century 21 Canada Conference has come and gone and let me tell you our Edmonton hosts did an amazing job with events like a Brewery Bash to kick things off and then an incredible wrap up event at The Art Gallery of Alberta with Vibe Tribe providing the evening's entertainment.  ...

Buy a $1 Tim Hortons Smile Cookie and help support the Kelowna Community Food Bank

  This week from September 19th to 25th, Tim Hortons across North America are raising monies for local charities, community programs and hospitals.  This is a major fundraising effort and it truly is making a difference to many organizations and most importantly to individuals in need. Monies raised locally help support the Kelowna Community Food Bank.  The incredible staff ...

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 ...

The Century 21 Brand...Smarter...Bolder...Faster...

Smarter... Bolder... Faster...

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 ...

Kelowna,BC and Central Okanagan Foreclosure Stats June 2011

There are currently 113 active foreclosures (as of June 24,2011) amongst the entire listing inventory for the Central Okanagan. There are currently 69 active foreclosures (as of June 24,2011) amongst the entire listing inventory for the North Okanagan. There are 4,980 active listings this month (including the 113 foreclosure properties) in the Central Okanagan. Active Foreclosure Inventory Breakdown: ...

Okanagan and Shuswap Buyer Survey Results for May 2011

  May 2011 Buyer Survey Results The May 2011 results of the Okanagan Mainline Real Estate Board (OMREB) for Buyers Survey are in!  There was a total of 151 respondents that participated in the survey – 40% of the 376 OMREB sales representatives who closed the 538 deals on behalf of Buyers last month.  Here is what the survey showed:   Property Type: 27.4% ...

Okanagan and Shuswap Buyer Survey Results - April 2011

A recent survey of buyer's agents in the Central Okanagan, North Okanagan and Shuswap regions revealed the following: APRIL SURVEY SUMMARY* Property Type: 27.7% of purchases were by Move Up Buyers 14.9% Moving from Single Family to Home Strata unit 10.6% by First Time Buyers 6.4% buying Revenue/Investment Property 6.4% Recreation Property Buyers 6.4% moving into Retirement Home/Seniors ...

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 ...

Kelowna,BC and Central Okanagan Real Estate Stats - March 2011

Ratio of Sales vs. Total Inventory = 8.40% Condo -- Sales = 54 Condo -- New Listings  = 197 Condo -- Current Inventory = 945 Condo -- Sell/Inv. Ratio = 5.71% Condo -- Days to Sell = 100 Average Price: $232,630 Average Median Price: $210,000   Townhouse -- Sales = 51 Townhouse -- New Listings = 114 Townhouse -- Current Inventory = 493 Townhouse ...

Kelowna,BC and Central Okanagan Foreclosure Stats March 2011

There are currently 84 active foreclosures (as of April 7,2011) amongst the entire listing inventory for the Central Okanagan.  There are 4,423 active listings this month (including the 84 foreclosure properties) versus 4,108 listings last month, a 7.67% increase in overall inventory levels. Active Foreclosure Inventory Breakdown: 6 Lots and Acreages ...

Okanagan Buyer Survey Results - February 2011

OMREB February 2011 Survey Highlights:  A recent survey of buyers agents in the Central Okanagan, North Okanagan and Shuswap regions revealed that: 31.9% of purchases were by First Time Buyers, and 24.2% by Move Up Buyers; 26.4% of Buyers were Two Parent Families with Children, 25.3% Couples Without Children, 16.5% were Single Females, 16.5% Empty Nesters/Retirees, 7.7% Single Parents with ...

Kelowna Rockets to honour veterans with Remembrance Day jerseys

The Kelowna Rockets will wear specially designed Remembrance Day jerseys during their game Wednesday November 10 versus the Edmonton Oil Kings.  Here's a picture of Tyson Barrie the captain of the WHL Rockets: (Photo: Wayne Moore - Castanet) Sincerely, Jason Neumann