The HOLM Stretch | October 25, 2024
Thanks for stopping by!
What can you use your home equity for?
If you're a homeowner, your house is likely one of your most valuable assets. As you pay down your mortgage and the value of your home increases, you're building equity—essentially, the portion of your home you truly own.
Tapping into that equity can open up a range of opportunities to help you achieve your financial goals.
So what can you use your home equity for?
- Renovations or home repairs
- Buying an investment property
- Paying off debt
- Creating an emergency fund
- Starting a business
- Selling
Unlocking the potential of your home’s equity is a smart way to strengthen your financial profile while making informed decisions that benefit your future.
Talk soon,
Chris, Patric, Julie, Jasmine, Kristi & Brell
THE TEAM AT CHRIS HOLM & ASSOCIATES
In North Okanagan Real Estate
As of the morning of Friday October 25, there are 905 homes showing as active listings here in North Okanagan. On October 18, there were 921 homes active.
Sales ranged from $235,000. to $3,350,000. Days to sell ranged from 18 to 249. 10 listings expired, 18 were cancelled.
29 prices were reduced over the last week. 2 prices increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$280,000.
Low Sale
34
New Listings
$2,177,777.
High Sale
23
Listings Sold
JUST LISTED
WESTWOLD BC Real Estate | 4712 Hwy 97
Handyman Special: Needs Love, Selling As Is, Where Is! If this house were a movie, it...
Armstrong BC Real Estate | 2435 Pleasant Valley Road #303
Check out this Armstrong BC real estate opportunity. 2 Bedrooms 1 bath, in suite laundry, ...
JUST SOLD
Enderby BC Real Estate | 241 Twin Lakes Road
SOLD!!4 bedroom, 4 bath custom home on small acreage outside Enderby, BC...
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Let's think about it.
If you’re going to sell your home and buy a new one, which step comes first?
Let’s think about it.If you sell first, you don’t have to worry about carrying two mortgages and you’ll have more buying power, but you may need a rental in the interim.If you buy first, you can take your time moving and you don’t have to worry about temporary housing—but it could put unnecessary strain on your finances, and you’ll feel the pressure to sell quickly.Which is better for you?
Should You Buy or Sell First? A Homeowner’s Dilemma
Explore the pros and cons of buying or selling your home first to help make the best choic...
P.S. Not sure which route is best for your unique situation? LET'S DISCUSS!
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WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
3
New Listings
0
Listings Sold
0
Price Up
3
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
18
New Listings
18
Listings Sold
0
Price Up
18
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
4
New Listings
4
Listings Sold
2
Price Up
3
Price Down