Ruth Lamb     

         Remax Kelowna

            250.826.4633

ruth@kelownahomeseller.ca

Monday, March 23, 2009

MORE ACTIVITY MORE SALES IN KELOWNA

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March has seen a marked increase in the number of buyers viewing Kelowna properties and that has translated into more sales, in some price points and locations I am finding the selection has decreased and sales are taking place faster. What I am noticing is detached single family housing in the $300,000-400,000 range is becoming very active with first time family buyers, also town homes in the $200,000-300,000 range are selling well also to the first time family buyers. Condos are still lagging in activity and sales considering the large selection and excellent pricing, it should be attractive to the first time single and couple buyers with no kids. With the low mortgage rates  the best values are now being bought up "Now" is definitely the best time to take advantage of the lower prices and interest and it won't last forever.

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