Corner Condo at Eagle Terrace in Shannon Lake

Enjoy the views of Shannon Lake & Okanagan Lake from two decks! This open & spacious 1455 sq.ft. 3 bed / 2 bathcorner unit at Eagle Terrace is a rare find. Foyer has two large closets (one doubles as a pantry). The kitchen is tastefully decorated in rich chocolate colors. Well-appointed kitchen with dark maple cabinetry, granite counter tops & stainless steel appliances. Master bedroom has large walk–in closet & 4 piece ensuite. Large laundry complete with extra cupboards and sink. This isn’t your typical laundry room for a condo! Lots of cupboard space here. Vessel sinks in both bathrooms. Two parking stalls included (one underground and one outside) & storage locker. Visitor parking available as well. (**PHOTO'S ARE OF SHOW SUITE with exact same floor plan**) For more details & photo's & virtual tour go to www.connectwithkaren.com & then call Karen Guy, Coldwell Banker Horizon Realty #101 - 3500 Carrington Road, Westbank BC V4T 3C1 at 250.768.8001 or 250.878.3605. MLS® 10048266.

 

 

I am the GUY that will make a difference!

 I specialize in selling homes in the in the Okanagan Valley including Westbank, West Kelowna, Peachland with a focus on Rose Valley, Lakeview Heights, West Kelowna Estates and Shannon Lake.

Karen Guy, REALTOR®
Coldwell Banker Horizon Realty

C 250.878.3605 O 250.768.8001
http://www.connectwithkaren.com/

Canada’s Resale Market to Remain Stable in 2012 & 2013: CMHC

The Canada Mortgage and Housing Corporation (CMHC), the country's national housing authority, recently released its Housing Outlook for Canada.  According to the CMHC forecast, Canadians can look forward to two more years of a stable real estate market.  Here are some highlights of the forecast for 2012 and 2013:   

• MLS® sales are expected to remain stable in Canada in 2012, with over 457,000 homes trading hands this year. 
• Sales are expected to rise slightly in 2013, to surpass 468,000 resale units sold
• Canada's national housing market will remain in balanced territory, being neither a buyers nor a sellers market. 
• The balanced market is forecast to continue throughout 2012 and in 2013
• The average MLS price will see a moderate increase from the 2011 national average price just above $363,000, edging up to $368,900 in 2012
• Further price growth is expected to raise the average to $379,000 in 2013.
• The Bank of Canada has held interest rates at near historic lows for every consecutive rate announcements since September 2010
• Mortgage rates are expected to remain at near-historic lows, staying flat for most of 2012; then starting to increase moderately either late 2012/early 2013

Of course, this forecast only gives you the ‘big picture’ on the national scene.  Market information and house prices can vary dramatically within communities, between neighbourhoods, or even on the same street!  Your local Coldwell Banker real estate professional can give you up-to-date information on your local market, and tell you how to use that ‘insider’ information to your best advantage. Why not call and talk real estate! 

I am the GUY that will make a difference! I specialize in selling homes in the in the Okanagan Valley including Westbank, West Kelowna, Peachland with a focus on Rose Valley, Lakeview Heights, West Kelowna Estates and Shannon Lake. Karen Guy, REALTOR® Coldwell Banker Horizon Realty C 250.878.3605 O 250.768.8001 http://www.connectwithkaren.com/

Lakeview Walk-Out Rancher in Smith Creek

Classy and stylish 3 bedroom + den/3 bathroom lakeview rancher walk-out in Smith Creek. Soaring 11’ ceilings with 1666 sprawling square feet on the main. Main floor features ‘silent system’ hardwood flooring & master bedroom with well-appointed ensuite plus main floor office. Bright & open feeling throughout, with welcoming & soothing color scheme. Newly finished concrete counters in the kitchen & master ensuite, maple cabinets in the kitchen along with walk-through 'butler's' pantry to the laundry room are just a few of its many features. Huge deck perfect for enjoying the view! Downstairs has funky upscale concrete flooring, 2 large bedrooms & media room. Now that's perfect for entertaining! Double attached garage, with RV parking on the side. This is a must see! For more details & photos & virtual tour go to www.connectwithkaren.com & then call Karen Guy, Coldwell Banker Horizon Realty #101-3500 Carrington Road, Westbank BC V4T 3C1 at 250.768.8001 or 250.878.3605. MLS®10046588.

 

 

I am the GUY that will make a difference! I specialize in selling homes in the in the Okanagan Valley including Westbank, West Kelowna, Peachland with a focus on Rose Valley, Lakeview Heights, West Kelowna Estates and Shannon Lake. Karen Guy, REALTOR® Coldwell Banker Horizon Realty C 250.878.3605 O 250.768.8001 http://www.connectwithkaren.com/

The Picture Perfect Spot in Peachland!

Just steps away from your own private SANDY beach (approx. 200' frontage) and dock! Live the Okanagan lifestyle you deserve and have been waiting for. Imagine, at this price, owning a property this close to the lake and being able to moor a boat? This 1300 sq.ft. two bedroom, two bathroom condo in Peachland is the picture perfect spot. Cute and cozy. Vaulted ceilings, wood burning fireplace, low E windows and glass sliding doors, concrete sub-flooring, large deck with motorized awning, in-unit laundry, outside storage locker, parking for two and all the lakeview you can possibly handle. Licensed moorage as well. No rentals, no pets allowed. Strata fee is $264.00 per month. For more details and photos and virtual tour, go to www.connectwithkaren.com and then call Karen Guy, Coldwell Banker Horizon Realty, #101-3500 Carrington Road, Westbank BC V4T 3C1 at 250.768.8001 or 250.878.3605. MLS®10046516.

I am the GUY that will make a difference! I specialize in selling homes in the in the Okanagan Valley including Westbank, West Kelowna, Peachland with a focus on Rose Valley, Lakeview Heights, West Kelowna Estates and Shannon Lake. Karen Guy, REALTOR® Coldwell Banker Horizon Realty C 250.878.3605 O 250.768.8001 http://www.connectwithkaren.com/

Home Sales Surge in Interior/North

Vancouver, BC – May 15, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC declined 12.5 per cent to $3.8 billion in April compared to the same month last year. A total of 7,058 MLS® residential unit sales were recorded over the same period, down 1.8 per cent from April 2011. The average MLS® residential price was $532,855, 10.9 per cent lower than a year ago.

"A ten per cent dip in Lower Mainland home sales offset a 14 per cent increase across the rest of the province,” said Cameron Muir, BCREA Chief Economist. “Kamloops, the Okanagan and the North all posted double-digit increases in home sales in April compared to levels one year ago."

"The share of provincial sales garnered by Vancouver and the Fraser Valley declined from 65 per cent in April 2011 to 60 per cent last month,” added Muir. “A larger proportion of homes sold in less expensive regions contributed to the average BC sales price dipping nearly 11 per cent."

Year-to-date, BC residential sales dollar volume declined 15.8 per cent to $15 billion, compared to the same period last year. Residential unit sales dipped 9.7 per cent to 23,782 units, while the average MLS® residential price was 6.8 per cent lower at $546,870.

For more information, please contact: 

Cameron Muir	Damian Stathonikos
Chief Economist	Director of Communications and Public Affairs
Direct: 604.742.2780	Direct: 604.742.2793
Mobile: 778.229.1884	Mobile: 778.990.1320
Email: cmuir@bcrea.bc.ca	Email: dstathonikos@bcrea.bc.ca

BCREA represents 11 member real estate boards and their approximately 18,000 REALTORS® on all provincial issues, providing an extensive communications network, standard forms, economic research and analysis, government relations, applied practice courses and continuing professional education (cpe).

To demonstrate the profession's commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.

For detailed statistical information, contact your local real estate board. MLS® is a cooperative marketing system used only by Canada's real estate boards to ensure maximum exposure of properties listed for sale.

I am the GUY that will make a difference! I specialize in selling homes in the in the Okanagan Valley including Westbank, West Kelowna, Peachland with a focus on Rose Valley, Lakeview Heights, West Kelowna Estates and Shannon Lake. Karen Guy, REALTOR® Coldwell Banker Horizon Realty C 250.878.3605 O 250.768.8001 http://www.connectwithkaren.com/