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The HOLM Stretch | November 15, 2024
Chris Holm & Associates
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
Thanks for stopping by!
Don't hire an agent unless they have these 5 things
Choosing the right real estate agent can make all the difference in your buying or selling experience.
According to research from ResiClub, a real estate research and data company, Here are the top 5 things you should look for in an agent:
šExtensive Experience: You need an agent who has spent years refining their skills, becoming an expert in closing deals efficiently and effectively. Their experience will help navigate any challenge that comes your way.
šLocal Market Knowledge: Your agent should have an in-depth understanding of local market trends and pricing. This expertise ensures they can accurately price homes and identify the best opportunities for you.
šBroad Connections: A skilled agent will have extensive networks, including other agents, lenders, contractors, and potential buyers or sellers. These connections can open doors and expedite your buying or selling process.
āļøHigh Client Satisfaction: Look for an agent with a large base of repeat clients and numerous referrals. This steady stream of business indicates trust and satisfaction from previous clients.
š„Exceptional Marketing: High-performing agents invest in advanced marketing tools and strategies. They use professional photography, staging, online marketing, and social media campaigns to showcase properties effectively. Their strong brand recognition will attract more potential buyers to your listing.
When choosing your real estate agent, consider these skillsāand when interviewing an agent, make sure to ask questions related to these. They can significantly impact your real estate journey, ensuring a smoother and more successful process.
Scroll down for our regular real estate and community features
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
In North Okanagan Real Estate
As of the morning of Friday November 15, there are 804 homes showing as active listings here in North Okanagan. On November 9, there were 816 homes active.
Sales ranged from $155,000. to $1,312,500. Days to sell ranged from 3 to 220. 14 listings expired, 23 were cancelled.
21 prices were reduced over the last week.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$155,000.
Low Sale
32
New Listings
$1,312,500.
High Sale
27
Listings Sold
COMING SOON
Vernon BC Real Estate | 8735 Forsberg Road
Amazing real estate! 7 bedroom 7 bath (includes 2 bed 2 bath Carriage home) a 3 bay dream ...
Vernon BC Real Estate | 7329 Ogata Way
Prime R5 zoned Lakeview building lot in Bella Vista overlooking Okanagan Lake in Vernon, B...
JUST SOLD
SilverStar BC Real Estate | 9985 CATHEDRAL DRIVE
SOLD!! Check out this amazing ski in ski out home in SilverStar Vernon BC real estate....
Armstrong BC Real Estate | 2435 Pleasant Valley Road #303
SOLD!! Check out this Armstrong BC real estate opportunity. 2 Bedrooms 1 bath, in suite la...
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
???WHERE ARE THE STATS???
There's been a glitch! Sometimes things don't go as planned. The Association of Interior Realtors has asked us not to publish any stats until they get a data integration error fixed. We hope to have details for October real estate soon.
We can, however share this:
Home Sales Building Momentum Heading Into 2025
BCREA 2024 Fourth Quarter Housing Forecast
Vancouver, BC ā November 6, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 Fourth Quarter Housing Forecast today.
Multiple Listing ServiceĀ® (MLSĀ®) residential sales in BC are forecast to increase 2.6 per cent to 75,000 units this year. In 2025, MLSĀ® residential sales are forecast to strengthen further, rising 13 per cent to 84,500 units.
āFollowing two pretty challenging years for sales, it looks like markets across BC are starting to build momentum,ā said BCREA Chief Economist Brendon Ogmundson. āIn addition to lower mortgage rates, new policy changes allowing longer amortization for first-time homebuyers and increased mortgage insurance caps will provide a boost to market activity.ā
Although new listings activity has been much stronger than last year, the accumulation of inventory in 2024 had much more to do with a prolonged slump in home sales. With active listings returning to more healthy levels across BC, we expect that the market will be able to absorb the coming rise in sales activity without a sharp increase in prices. Therefore, the average price in BC is projected to rise by a modest 3.3 per cent in 2025, following flat prices in 2024..
MAKING TRACKS
North Okanagan ski hill to open for Nordic Nov. 22, alpine on Nov. 29 - Making Tracks
SilverStar Mountain Resort is going high-tech this winter, using the latest technology to ...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
4
New Listings
5
Listings Sold
0
Price Up
2
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
19
New Listings
18
Listings Sold
0
Price Up
17
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
5
New Listings
1
Listings Sold
0
Price Up
1
Price Down