WHEEE- SPRING IS COMING!

..... WE HOPE!

Our last weekend ! hahaha ....

WHAT COLOR SHOULD WE USE TO PAINT?

CHOOSING A NEUTRAL PAINT THAT WORKS!


This is one of the questions we get asked most often! Both when people are getting their home ready to sell and want to know how to freshen their home up , or when people buy a home and want to make it their own flavour and style! 

We are big Benjamin Moore fans and this blog by JUXTA DESIGN & BUILD is one of the best we've seen on how to choose a light and bright color that suits you and your home! Click on the link below to read more ...


THE BEST BENJAMIN MOORE WHITE PAINTS

GOOD March Market News:



February stats are showing that our market has finally tipped into the realm of

A BALANCED NORMAL MARKET. Let's all take a collective sigh together!



While January started off with a lot of silence and worry about the market, February sales and listings began to approach a more Balanced and Normal Market. While inventory is still a little low, new listing activity is reaching seasonal norms, with the bulk of our listing coming in the next 6 months. On all fronts, (single family, condo and townhome) have reached a Balanced market, meaning that 1 in 6/7 homes that are listed, sold in February. While price points vary from sub area to sub area, in general for the Okanagan, single family came down an average of .6% from January, and 14% from a year ago.


In a nutshell, our price points are similar to spring / summer 2021 pricing, mid way through the pandemic.


Good news is that in these last few weeks, Buyers are coming out of hiding, and seem to be coming back to market if your home is priced well.


More good news this week is that the Bank of Canada is holding and not increasing their key lending rate. This gives the market opportunity to reset and establish itself. February showed us a balanced market, where more normal negotiation happened ~ not radically skewed towards either buyers or sellers.


In other words- we have found a sweet spot!

Sellers want to sell, and buyers want to buy!


Sellers are adjusting their expectations of what they are comfortable selling for. Buyers are adjusting their expectations, and finding prices they are willing to pay.

DON'T FORGET TO SUBMIT YOUR SPECULATION TAX DECLARATION ONLINE!


You will have received a form in the mail for every home that you own. If you and your partner own a home together, you both will receive a form, and must both make a declaration. As well- if you own more than one property, you will need to make a declaration for each property by the end of March.


The form you will get in the mail has a declaration code and a letter ID.


for more info click here


FRESH LISTINGS

495 HARDIE ROAD

$875,000

Rutland North

4 + 3 Bedrooms

3 Bathrooms

mls# 10269823


click here to view!

17-1789 OLYMPUS WAY

$649,00

West Kelowna Estates

3 Bedrooms

3 Bathrooms

mls# 10269340


click here to view!

167-1995 Burtch Road

$575,000

Springfield Spall

3 Bedrooms

3 Bathrooms

mls# 10269614


click here to view!

It's listing season and new homes are being listed every day! If you want to keep up on what's new ... contact us to put you on a first to know search!


shawn@swproperties.ca

LISTING SEASON IS UPON US.! CONTACT US TO GET AN IDEA OF WHAT YOUR HOME IS WORTH AND STRATEGY TO MOVE FORWARD!


.. no horsing around!


As always, we are here to help you protect and promote your interests, strategize and negotiate the changing waters of Buying and Selling, and answer your questions!


Helping you and your friends and family and those you refer is our pleasure!

We look forward to hearing from you!


all our best,

250-870-7771


Shawn & Reece

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