Although it is impossible to predict the true short term and long term impacts of COVID-19 and the real estate market in and around Invermere BC, Panorama, Radium Hot Springs, Fairmont Hot Springs, Canal Flats, Edgewater, Lake Windermere and the entire Columbia Valley, there are some important differences co...
We need to look at the past, to see where we are and where are going! Real Estate trends and statistics are important, recent historical data can give us important insights into what is currently happening and what is going to happen soon.
For REALTORS® in the East & West Kootenays the tail end of 2019 and beginning of 2020 represented some big chan...
One of the really common questions that I get is; 'When is the best time of year to list my property?'
The common belief is that the Spring is the best time list. There is some logic behind this, a lot of people want possession in time for the summer (or after the school season ends). There are some other realities, road conditions are generally bet...
Although 'Vendor Financing' is a relatively simple concept, it is often confused with other very different things, like 'rent to own' or an 'option to purchase'. It is interesting that many otherwise savvy and experience home owners and real estate consumers- really don't understand what 'Vendor Financing' is, and why it could or should be consider...
Average single family home sold prices are up 59% compared to last year! ($638,800 average 2019 selling price compared to $400,800 in 2018) But what does that mean, is my home really worth 59% more? It is unlikely, what it means is that generally higher priced homes have been selling and lower priced recreational condos have been taking longer to s...
Unfortunately there are lots of 'opportunities' that are passed off as real estate investments; some are purely recreational and a form of prepaid vacation- well others are full out scams and should be completely avoided.
Scams
Generally these take the forms of small investment amounts, between $10,000 to $100,000 and sometimes they are eligible RRS...