Wednesday, February 25, 2009
Time to Invest in Kelowna Real Estate?
by Brent King on Wed, Feb, 25, 2009 04:47 PM
With prices down over 20% in Kelowna, interest rates at 50 year lows and the Kelowna vacancy rate the second lowest in BC at less than 1% [CMHC Rental Report Oct./08] it would seem to be an opportune time to look at Kelowna Rental Real Estate as a good investment option.
In this very volatile investment market where returns after taxes are very low, Kelowna Revenue Real Estate offers a stable reasonable return with excellent tax benefits plus a great longer term potential for a capital gain. Kelowna has always and will continue to be a desirable place to live so the opportunities available now in the market won't last forever, it is a great time to purchase Kelowna Real Estate!
Monday, February 16, 2009
BC Home Inspectors first to be Licenced
by Brent King on Mon, Feb, 16, 2009 06:29 PM
Kelowna buyers and sellers will benefit from the new requirement that Home inspectors must now be licensed to offer services in BC, this is good news for the Real Estate Industry in BC and Kelowna. You can read this
Article for the full story.
Thursday, February 12, 2009
Kelowna Real Estate a Bargain
by Brent King on Thu, Feb, 12, 2009 06:51 PM
Kelowna real estate has never been a better value than today, the prices have come down from 20-30%, the selection in Kelowna has increased in some categories over 100% and the
Interest Rates have not been this low in over 50 years. What a combination but it won't last forever, likley the first thing to change will be interest rates, the first hint of good news in the economy and they will rise.If you are a first time buyer take advantage of all the perks, no
Property Transfer Tax, use your
RRSP+ Tax Credit or if you are wanting to move to Kelowna or within Kelowna this could be the best time.
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