News

A Holiday Message from The Krieg Family

December 24, 2011

News

Kelowna Market News Update – Signs of Recovery?

Signs of Recovery? Kelowna Market Update Great news! We are happy to report that what looked like the slowest year in the 20 year history for Kelowna, sales for single family dwellings started to turn around slowly in the summer and did gain more speed in September and November. Year to date sales are now […]

December 8, 2011

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The Krieg Family Kelowna Real Estate December 2011 RE/MAX Market Update [HD]

December 8, 2011

News

Balanced conditions set to return to most Canadian housing markets in 2012, while residential values expected to set new records

Kelowna, BC (December 6, 2011) – Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012 as Canadians continue to demonstrate their faith in homeownership, despite concerns over the European debt crisis and its impact […]

December 7, 2011

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Kelowna RE/MAX Housing Outlook Report 2012

December 6, 2011

News

Okanagan October 2011 Buyers Survey Results

The real estate board in the Okanagan (OMREB) surveys buyers agents to find out where the buyers came from and what they purchased.  Here is October 2011’s summary results. Property Type: 21.9% of purchases were by Move-Up Buyers 19.5% by First Time Buyers 13.0% moving from Single Family Home to Strata Unit 12.4% buying Revenue/Investment […]

November 24, 2011

News

What you need to know about Canada’s booming housing market

Christine Dobby  Nov 15, 2011 – 10:58 AM ET | Last Updated: Nov 15, 2011 12:57 PM ET With sales of existing homes in Canada rising in October to the highest level since January, the Canadian Real Estate Association boosted its forecast for resale activity for 2011. The industry group released data on October sales activity as well […]

November 15, 2011

News

Demand For Existing Homes Forecast to Strengthen in 2012

In its Fall 2011 Housing Market Outlook report, Canada Mortgage and Housing says that demand for new and existing homes in Kelowna is expected to strengthen in 2012. Favourable mortgage interest rates coupled with stronger employment growth will support modest growth in demand for housing next year. Sales of existing homes are expected to increase […]

November 14, 2011

News

Kelowna Housing and Market Outlook

Still a Buyers Market Kelowna Market Update Yes, we are still very much in a buyers market. 125 homes or 8.4% of the inventory (1,481) of single family dwellings sold last month. This means it would take about one year to sell all the homes if no additional homes would come on the market. Overall […]

November 8, 2011

News

Richard Montgomery of MontgomeryMiles; A Lawyers Perspective

Richard Montgomery from MontgomeryMiles explains how fantastic it is to work with The Krieg Family of RE/MAX Kelowna, and how they are always on top of the situation and have a deep care for their clients.

November 8, 2011

News

Home renovation: How much to spend, and where

The Appraisal Institute of Canada offers an online guide which helps homeowners calculate the average return on their investment in a renovation project. Choose “bathroom renovation” and plug in an outlay of, for example, $30,000 into the calculator and RENOVA niftily tallies a 75- to 100-per-cent return, which translates to an added $22,500 to $30,000 […]

October 25, 2011

News

What made September a Record in Kelowna Real Estate?

Highest average sale price for any September in Kelowna. Kelowna Market Update  Highest average sale price for any September in Kelowna.12 properties including condos and acreages sold here in Kelowna over 1 Million Dollars. This is very good activity, and is one of the reasons the average price went up. The better picture is reflected […]

October 6, 2011

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