City of Kelowna’s Awakening Kelowna was recently voted Best Real Estate Investment option in Canada by Western Investor in October this year. Surrey and Saskatoon in the Greater Vancouver area rank second and third. Kelowna is the largest city between Vancouver and Calgary – with 127,800 inhabitants. Kelowna is the main trading center for the…
There are 3 main things that Joanna and JP did in order to create over $200,000 in shared commissions from Real Estate transactions in the first year, and over $350,000 commissions in the second year in business. 1. Work Smart 2. Do proper marketing and promotion 3. Build relationships These 3 basic principles are what…
I threw this video together to show the type of equipment we will be using to do some future videos. I’m pretty sick at this time so sorry about the quality of the video. The products I’m opening are the Neewer LED Light Ring and the “CanadianStudio 2400 Watt Digital Video Continuous Softbox Lighting Kit”.…
Take a walk through the beautiful community of Kettle Valley within Kelowna’s Upper Mission area. Filled with amazing views, parks, shopping area and schools; this is the most desirable location in Kelowna. This video was created in order to showcase the different styles of homes in Kettle Valley along with the natural beauty surrounding the…
Let Me Be Clear No one can 100% predict market trends and the following information is the personal opinion of JP Letnick and shouldn’t be considered as investment or financial advice. The information provided is based on current market data. Let’s Look At The Data History tends to repeat itself; so before looking towards the…
Welcome to Kelowna located in the Okanagan Valley within British Columbia. Pristine fresh water lakes, award winning food and wines along with temperate climates and affordable housing prices makes Kelowna one of the top locations in the world. This is no longer a secret and the world has started paying attention to Kelowna real estate.…
Average Prices Welcome to June 2017 where house prices in the Okanagan have continued to hit record highs along with the temperatures. When we compare the average price of homes in the Okanagan from June 2017 to June 2016 we can see the following: Residential homes increased roughly 16.99% Mobile homes increased roughly 24.56% Condos…
Interest rates in Canada might be going up and this time the warning should be taken seriously. Are you considering buying a house now? It seems that the Bank of Canada is considering increasing the benchmark interest rate (Source: Bank of Canada, CBC News). Now might be the time to consult with a mortgage broker…
According to statistics from OMREB Spring is the busiest time in the property market, with average house prices in the Central Okanagan rising 17.06% in 2017, averaging $703,809 a record high. Mobile Home prices have grown by 34.94%, because there are not enough houses on the market; especially homes for less than $200,000. With so…
According to PadMapper, who released a report in May 2017, Kelowna’s rent levels have become the 8th highest in Canada. Kelowna’s room rents fell 1.9% from the previous month, up 10.9% from last year. The rents for two rooms rose 5.3% from the previous month, up 12.7% from last year. The fast rise in rents has…