Recent Blog Posts by Jason Neumann

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 Named Most Business Friendly City In BC

  The City of Kelowna was recently voted the most business friendly city in B.C. according to the Canadian Federation of Independent Business. The CFIB's Communities in Boom: Canada's Top Entrepreneurial Cities, compares 100 of Canada's large and mid-sized municipalities based on: the number of small businesses in a community, the degree of business optimism, and on the effectiveness ...

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 ...

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 ...

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 & ...

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 -- ...

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 -- ...

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 ...

Procedure plans for resident evacuation and public help during fire season in the Okanagan

If residents have to evacuate: Take an emergency survival kit with you (ex. battery-operated radio, flashlight, water, food, warm clothing, etc.). Make sure you take prescription medicine and identification for the entire family. Listen to the radio and follow instructions from local emergency officials. Shut off water, gas and electricity, but ONLY if instructed to do so. Make arrangements ...

June 2010 Real Estate Market Review of Central Okanagan MLS Listing Inventory

Current Active Central Okanagan MLS Listing Inventory as of June 22,2010: Single Family Dwellings - 2354 properties including 8 pending offers ranging in value from $267,900 to $774,900   Strata - Condos - 1201 properties with 2 pending offers of $229,900 and $399,900 respectively Strata - Townhomes - 563 properties with no ...

Looking for the latest news on Kelowna and Okanagan Real Estate Listings?

Are you tired and frustrated with researching a home to purchase in Kelowna or the Okanagan region?  Looking for a better way to search out homes and stay on top of the local real estate market?  Need some guidance as to the best areas, neighbourhoods, schools and nearby amenities?  If you answered yes to any or all of these questions then you may want to consider signing up for ...

6324 Farmers Drive in Ellison Estates - Additional Photos and Property Information

  Location: 15 minutes north of Kelowna and east of the Kelowna airport for easy accessibility. Two internationally renowned ski hills, Big White (Kelowna) and Silver Star (Vernon), are only a 45 minute drive away. Internationally acclaimed golf courses are with a 20 minute drive. Water sports and fishing are available in Okanagan Lake and several smaller lakes in the area. 10 ...

District of West Kelowna opts for waste cart upgrades

Recently, the District of West Kelowna approved free yard and waste cart upgrades to any residents who want them.  West Kelowna residents may upgrade from a 240 litre yard waste cart to 360 litre comes at no charge, still must pay the $10 yearly fee. For more information please visit the District of West Kelowna. Sincerely, Jason Neumann

251 Magic Drive Kelowna.BC - Garden and Deck Photos

 Some additional photos taken by the homeowner of their beautiful deck and backyard:               For additional photos and property details please visit: 251MagicDrive.com

Does renting really make sense in today's real estate market?

The idea of paying someone else's mortgage and helping them build equity in their property really doesn't make a lot of good financial sense!  As a long term renter, you are literally throwing away tens of thousands of dollars of your hard earned money instead of creating a forced savings plan by way of having a mortgage.  I have chatted with many renters over the years ...

City of Kelowna announces the finalists of the 35th Annual Civic and Community Awards.

I would like to congratulate all nominees in the various categories on their contributions in helping make Kelowna,BC a special place to live, work and play! This article courtesty of Castanet.net: The City of Kelowna has announced the finalists of the 35th Annual Civic and Community Awards. Awards winners from each category will be revealed on April 14 at the 35th Annual Civic and Community ...

The Dangers and Pitfalls of Overpricing Your Home

There are potential dangers and pitfalls when it comes to pricing your home in any kind of real estate market.  Sellers can be reluctant to price their home in line with the marketplace as they feel they may be giving away too much of their home equity.  The reality is pricing your home right from the start will get the net result you are looking for as a seller.  Here ...

Things you may not know about Kelowna,BC

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 ...

Quick Facts and Stats on Kelowna,BC Canada

Kelowna,BC Canada Quick Facts and Statistics: 1. Kelowna is the largest city in BC's intrerior region and was incorporated in 1905. 2. Kelowna's total land area is 221.69 square kilometres. 3. Kelowna is located in British Columbia's Central Okanagan Regional District. 4. Kelowna is 471 kilometres east of Vancouver BC. 5. Kelowna BC is 606 kilometres west of Calgary ...

Kelowna,BC and Central Okanagan Foreclosure Listing Information for February 2010

There are currently 61 foreclosures (as of February 7,2010) amongst the entire listing inventory for the Central Okanagan.  That is a decrease of 14 properties (-22.95%) in the foreclosure inventory from last month. The foreclosure inventory breakdown is as follows: 2 Lots and Acreages (both at $115,000) with no pending sales 2 Manufactured Homes ($79,000 ...

Household tips for the last weeks of winter

It’s now February in the Okanagan and the sun has begun to shine on those winter blues.  However, February weather can still pack a chilly punch! Here are some tips for protecting yourself from ballooning heating bills, freezing pipes and other household emergencies in these last weeks of winter.  Inside: Keep doors and heating vents closed to rooms that are not ...

Fighting Mold - A Homeowner’s Guide

Mold can be a serious health risk to any homeowner and the sooner it is detected the better.  Having personally lived in a home that had mold in the laundry room I can tell you first hand that it is not something to take lightly.  To remediate and repair the affected areas I had to rip out out all the drywall and insulation in the entire room.  This work had to be done as ...

12 Tips to Slash Your Energy Bill

  Utility bills seem to get higher and higher every year. But you can save energy-and money-with these tips to make your home more energy-efficient. Get a home energy survey from your local utility. Many will do a free analysis of your home and provide specific ways to save money on your utility bill. Replace old furnaces and air conditioners with newer ones that are more energy efficient. Install ...