Jaime Briggs Kelowna Real Estate

HOT New Price! #213 - 595 Yates Road, North Glenmore, Kelowna. Now only $385,000!

Jaime Briggs — Sat, 18 May 2013 17:51:00 GMT

HOT NEW PRICE! Now only $385,000 #213 - 595 Yates Road, Kelowna - Announcing a price reduction on #213 - 595 Yates Road, a 1,620 sq. ft., 2 bath, 2 bdrm single story "Rancher ". Now MLS® Cozy 2 bedroom, 2 bath, plus family room, rancher style home at Sandpointe. 1,620 sq.ft., bay windows, skylight, 2 gas fireplaces, laminate floors, oak kitchen, dining room and nook. Freshly painted exterior, south east facing private back patio overlooking waterscape, (plus views to Dilworth), double car garage and crawl space for extra storage. Prime location backing directly onto the serene waterscape and close to the clubhouse. North Glenmore living where you can leave the car and walk to coffee shops, bakeries, grocery stores, restaurants and medical offices, all within a flat easy walk away. 55+ community for active adult lifestyles. Features a community centre with ample activities, indoor/outdoor pool, fitness centre and hot tub. For more details on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015, or go to www.BriggsOnHomes.com ...(read more)

Who's Buying Homes in the Okanagan? Results of April 2013 Survey

Jaime Briggs — Wed, 15 May 2013 19:38:00 GMT

By Jaime Briggs, Kelowna Real Estate May 15, 2013 Everyone is always asking me "Who's Buying Homes in the Okanagan?" Well, here's the results from our OMREB April Survey just released today. APRIL SURVEY SUMMARY Property Type: 25.9% by First Time Buyers (up from 16.2 in March)* 18.6% of purchases were by Move-Up Buyers (down from 24.6% ) 11.8% buying Revenue/Investment Property (up from 10.6%)* 10.5% moving from Single Family Home to Strata Unit (same as March – 10.6%) 5.5% moving into Retirement Home/Seniors Community (down from 7.8%) 4.5% moving from Strata property to Single Family Home (down from 6.1%) * During the month of April, there was substantial increase in purchases by First-Time Buyers and a nominal bump-up in Revenue Property purchases by Investors, while other categories saw a drop or remained the same as the previous month. Buyer Type (Family Dynamic): 24.8% Two Parent Family/Children (up from 23.1% in March)** 22.6% Empty Nesters/Retired (down from 27.5%) 21.7% Couple without Children (down from 25.8%) 12.8% Single Male (up from 7.7%)** 10.6% Single Female (down from 12.6%) 5.3% Single Parent with Children (up from 2.2%)** ** In April, there was an increase in purchases by Two Parent Families with Children, and a significant rise in purchases by Single Males and Single Parents with Children, while other categories saw decreases. Moving From: 56.6% from Within OMREB Board Area (down from 57.6% in March) 19.0% from Alberta (up from 17.9%)*** 11.1% from Lower Mainland/Vancouver Island (up from 8.7% )*** 9.3% from Other Areas in BC (down from 10.3% ) 1.3% from Saskatchewan/Manitoba (down from 2.7%) 1.3% from NWT/Yukon (up from 0%)*** 0.9% from Outside Canada (down from 1.1%) 0.4% from Eastern Canada/Maritimes (down from 1.6%) *** Compared to March, there was more movement from Alberta, Lower Mainland/Vancouver Island, and NWT/Yukon during April, and less migration from all other areas. APRIL 2013 RESULTS & HIGHLIGHTS: * Full summary of survey results with pie charts * This month's highlights * “Who is Buying Homes in the Okanagan-Shuswap?”- hand-out 2011-2013 PIE CHARTS – Plus 2010-2013 Averages: * Compiled averages for the two main categories - Buyer Type andWhere From - during the past 32 months (since September 2010) to show trends. * 2013 pie charts for first quarter - showing averages compiled for all five Survey categories * 2012 pie charts and 2011 pie charts to compare. ...(read more)

First Time on Open House - Today Saturday 1-3pm! Hot Priced Glenrosa Rancher $299,000 - 3451 McTaggart Road

Jaime Briggs — Sat, 11 May 2013 18:55:00 GMT

First Time on Open House - Today Only Saturday 1-3pm! First time Buyers Alert! Adorable 3 Bdrm/2 Bth rancher style home with good street appeal. Living room with gas insert fireplace and Energy Doctor energy efficient window inserts (sound proof bay window). Garage converted to family room or man-cave. Relax and enjoy the private yard from your covered porch overlooking the garden area. Includes shed and workshop with 100 amp. Newer roof (13yrs), newer furnace (10 yrs) and hot water tank (6 yrs). Sewer is connected and included in taxes. Great family location close by Elementary and Middle Schools. • 1,582 sq. ft., 2 bath, 3 bdrm single story "Rancher " - MLS® $299,000 - Affordable Home For more information on Kelowna Real Estate please call Jaime Briggs 250-215-0015, or go to www.BriggsOnHomes...(read more)

Just Listed ~ Stunning Like-New Home in Sageglenn, 9825 Crofton Road, Lake Country $415,000

Jaime Briggs — Wed, 08 May 2013 17:41:00 GMT

Just Listed ~ Stunning Like-New Home in Sageglenn, 9825 Crofton Road, Lake Country $415,000 Lake Country, Thompson Okanagan - Views! Views! Like-new home without the extra taxes! Located in Sageglenn, serene and quiet brand new community just minutes away from the hustle and bustle of town. Main floor master bedroom with mountain views. Beautiful 5-piece ensuite with double sinks, granite countertops & walkin closet. 2nd bedroom and full bath located on main floor. Huge unfinished walkout basement, could easily be in-law suite or 3rd & 4th bedrooms. Granite throughout, hardwood floors, stainless steel appliances. Partially covered back deck with mountain and serene pastoral views, gas BBQ hookup. Extra side parking for RV or boat. • 1,210 sq. ft., 2 bath, 2 bdrm single story "Rancher walk-out" - MLS® $415,000 For more information on Kelowna Real Estate please call Jaime Briggs 250-215-0015, or go to www.BriggsOnHomes.com...(read more)

JUST SOLD! #14 - 2283 Shannon Heights Court in Shannon Lake/Smith Creek is Now Sold!

Jaime Briggs — Mon, 06 May 2013 22:41:00 GMT

JUST SOLD! #14-2283 Shannon Heights Court, Shannon Lake, West Kelowna Luxurious Penthouse Style Townhouse located on quiet cul-de-sac overlooking Shannon Lake Golf Course! 3 Bdrms, 2 Bths, 2,002 sq. ft., high-end finishings with granite throughout, upgraded S/S appliances, cork floors. Bright open floor plan with 9ft ceilings and gas fireplace. Master bedroom features walk-in closet, 4-piece ensuite w/heated floors and double french doors opening to a huge deck overlooking the 11th hole! Huge storage space in the basement, double car garage and a private, quiet cul-de-sac location only minutes from Downtown West Kelowna. You won't want to miss this spectacular home that shows like brand-new! For more details on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015, or go to www.BriggsOnHomes.com ...(read more)

Just Listed $299,000 ~ Amazing First Time Home Buyer Pricing on Rancher Home at 3451 McTaggart Road, Glenrosa

Jaime Briggs — Fri, 03 May 2013 18:02:00 GMT

3451 McTaggart Road, Glenrosa, West Kelowna - First time Buyers Alert! Adorable 3 Bdrm/2 Bth rancher style home with good street appeal. Living room with gas insert fireplace and Energy Doctor energy efficient window inserts (sound proof bay window). Garage converted to family room or man-cave. Relax and enjoy the private yard from your covered porch overlooking the garden area. Includes shed and workshop with 100 amp. Newer roof (13yrs), newer furnace (10 yrs) and hot water tank (6 yrs). Sewer is connected and included in taxes. Great family location close by Elementary and Middle Schools. • 1,582 sq. ft., 2 bath, 3 bdrm single story "Rancher " - MLS® $299,000 - Affordable Home For more information on Kelowna Real Estate please call Jaime Briggs 250-215-0015, or go to www.BriggsOnHomes ...(read more)

Kelowna Real Estate - Residential Home Sales Up +20% in April!

Jaime Briggs — Thu, 02 May 2013 16:57:00 GMT

By Jaime Briggs, Kelowna Real Estate May 2nd, 2013 WOW! I knew that April seemed like an extremely busy month based on the number of phone calls, appointments and number of hours worked, but I hadn't realized just how busy it was till we received our month end stats yesterday. Single Family Residential Homes - (SFD) were up +20% in April 2013 with 216 homes sold vs. only 179 for the same month in 2012. Inventory is about even with last year, and prices dipped again slightly at $427,000 median price (-2% from 2012) and $460,351 average price (-4.5% from 2012). Condo Sales were down a mere -5% in April 2031 with only 60 condos sold this month vs. 63 last April 2012. However, year to date condo sales are +8%. Condo inventory is down -10% and median prices are nearly on par with last year at $209,000 median price 2013 vs. $210,000 last April 2012. Average condo prices year to date are again on par with last year at $225,774 last YTD vs. $226,720 this YTD. Townhome sales were up slightly at 53 townhomes sold this month vs. 49 last April 2012. Inventory is down nearly -20% though. Prices for Townhomes remain slightly down from last year at median prices of $331,000 April 2013 vs. $340,000 April 2012 (-3%). Year to date average prices are up slightly at $350,715 for a townhome (+1.57%) vs. last YTD. Kelowna continues to be in a strong Buyer's market with still a good supply of homes at prices that we haven't seen since pre-recession! A strong trend I have been seeing this past month is that properties that are listed at attractive prices and show really well, are getting offers on them in the first 14 days! When I review our sales reports, most of the solds have only been on the market for less than 3-weeks. If you are thinking of buying, please contact me to discuss helping you find you the home of your dreams! Or, call me for a no-obligation meeting to discuss putting my full marketing action plan to work to get your home sold in today's market!...(read more)

Builder Slashed Price $20,000! 3355 Sundance Drive now only $569,000 for Lakeview Walkout Rancher

Jaime Briggs — Mon, 29 Apr 2013 18:16:00 GMT

3355 Sundance Drive, Shannon Lake, West Kelowna - Contemporary walkout rancher with stunning views to the Lake and Mission Hill Winery! Fully finished on 2-levels with an extra 3rd unfinished level (950 sq.ft) perfect for a suite (can be legalized), home business/office or workshop. All roughed-in and ready to go! 4 Bdrms (2 up, 2 down), hardwood floors, 11 ft. tray ceilings w/beams, modern kitchen with stainless steel & quartz countertops. Main floor master bedroom has deck access, tray ceiling w/recessed lighting and stylish 5-piece ensuite. 2 covered decks with exceptional views, large flat driveway, plus extra side parking. All located on a quiet street near Shannon Lake Elementary School and Golf Course. • 2,834 sq. ft., 3 bath, 4 bdrm ranch "Rancher Walkout" - MLS® $569,000 - Exceptional Value Priced at $608,830 Incl. GST. For more information on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015, or go to www.BriggsOnHomes.com...(read more)

Just Listed ~ 689 Cassiar Crescent, Dilworth Mountain $445,000

Jaime Briggs — Mon, 29 Apr 2013 16:45:00 GMT

Just Listed & First Time on Open House Saturday 1-3pm - Well maintained original owner home, located on quiet Dilworth street surrounded by nature. Lovely views of the city and mountains. Bright Well maintained original owner home, located on quiet Dilworth street, 3 decks surrounded by nature with lovely views of the city & mountains. Bright original kitchen with oak cabinets & separate nook with access to large back patio. Huge master with 4 closets plus built-in drawers & private balcony. Main floor dining/living room featuring vaulted ceilings, city views, wood fireplace w/custom built-in's. 2nd bedroom & full bath also located on main floor. The walkout lower level features a huge family room (could be 3rd or 4th bedroom), plus 260 sq.ft. workshop & extra storage. Low maintenance backyard with upper deck off kitchen and lower deck/patio off games room. Also, extra side parking for small RV or Camper. Great location just minutes from the mall and town! Updates incl: Roof (2008), high efficiency furnace (2012), H2O tank (2008), deck upgrades (2010). • 2,384 sq. ft., 3 bath, 2 bdrm single story "Rancher walk-out" - MLS® $445,000 For more information on Kelowna Real Estate please call Jaime Briggs 250-215-0015, or go to www.BriggsOnHomes.com ...(read more)

YouTube Video Tour Now Available! 330 Tanager Drive, Upper Mission Lakeview Walkout Rancher $789,000

Jaime Briggs — Sun, 28 Apr 2013 17:31:00 GMT

Just Listed! - Large Lakeview Walkout Rancher located in Belcarra Estates! 5 bedrooms, den/office, private pool-sized yard, triple car garage, plus 600 sq.ft workshop under garage. Main floor features formal dining/living room, updated kitchen with granite/silestone counters & stainless steel appliances, nook & cozy great room with fireplace off kitchen. Oversized master bedroom has deck access and 4-piece ensuite. Large lower level features 3 additional bedrooms (1 no closet), family room, second laundry room, separate access to flat backyard and ample storage space. Would be easy to suite. You'll love this great family home located in a quiet Upper Mission neighborhood! For more information on Kelowna Real Estate please call Jaime Briggs 250-215-0015, or go to www.BriggsOnHomes.com YouTube Video Tour now available at: http://youtu.be/ZSFTzLf5W4s ...(read more)

SOLD in 12 DAYS! ~ 1792 Split Rail Place, Large Family 5 Bdrm Home at Tower Ranch

Jaime Briggs — Mon, 22 Apr 2013 22:34:00 GMT

Just Sold ~ 1792 Split Rail Place, Large Family 5 Bdrm Home at Tower Ranch! 1792 Split Rail Place, Tower Ranch - Perched on the hills above Kelowna and surrounded by Tower Ranch Golf Community, you'll find this beautiful 5-Bedroom, 3,100 sq.ft., like-new family home. Handscraped engineered hardwood floors, large kitchen with ample cabinet space, walk-in pantry, granite countertops plus 4 s/s appliances including gas stove. Second floor features 4 bedrooms including master with walk-in closet. The partial walkout basement is fully finished and has a rough-in for wet bar. Located on a large west facing professionally landscaped yard, perfect for watching the evening sunsets & lakeviews. (Quiet cul-de-sac location is safe for kids too.) The Tower Ranch Golf Community is just minutes to schools & town, yet has that rural feel. $45/mnth Tower Ranch Home Owner Association Fee. (Incl. Lounge & Fitness Centre.) • 3,102 sq. ft., 4 bath, 5 bdrm 2 story "plus full basement" - MLS® $569,000 - A great family home! For more details on Kelowna Real Estate call Jaime Briggs, Coldwell Banker Horizon Realty at 250-860-7500 or go to www.BriggsOnHomes.com for more photos & information. ...(read more)

Just Listed - Beautifully updated One Level 2 Bdrm/2 Bth Townhouse Overlooking Greenway! $192,000

Jaime Briggs — Mon, 22 Apr 2013 17:04:00 GMT

#17 - 2283 Ingram Road, West Kelowna - Beautifully updated 2 Bdrm/2 Bth 1,120 sq.ft. home with newer paint and flooring (laminate & lino) & other updates (lighting, bathrooms, sinks & toilets). Oversized one level living with separate nook/dining room plus gas fireplace in living room. In floor heating. Private location facing the gardens and grassy greenway area (not the road). Easy walking distance to all the shops and amenities of downtown West Kelowna and Johnson Bentley pool/aquatics centre. Ages 55+, 1 cat or 1 dog allowed (up to 14 inches). $317.20/month strata, includes, heat, water and gas. Single carport and storage included. MLS® $192,000 For more details on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015, or go to www.BriggsOnHomes.com ...(read more)

Who's Buying Homes in the Okanagan? Results of March 2013 Survey

Jaime Briggs — Sat, 20 Apr 2013 16:20:00 GMT

By Jaime Briggs, Kelowna Real Estate April 20, 2013 Everyone is always asking me "Who's Buying Homes in the Okanagan?" Well, here's the results from our OMREB March Survey just released today. MARCH SURVEY SUMMARY Property Type: 24.6% of purchases were by Move-Up Buyers (up from 21.3% in February)* 16.2% by First Time Buyers (down from 19.7%) 10.6% moving from Single Family Home to Strata Unit (up from 7.1%)* 10.6% buying Revenue/Investment Property (down from 13.2%) 7.8% moving...(read more)

Just Listed - 1792 Split Rail Place, Tower Ranch. Large 5 Bedroom Family Home $569,000

Jaime Briggs — Mon, 15 Apr 2013 05:46:00 GMT

1792 Split Rail Place, Tower Ranch - Perched on the hills above Kelowna and surrounded by Tower Ranch Golf Community, you'll find this beautiful 5-Bedroom, 3,100 sq.ft., like-new family home. Handscraped engineered hardwood floors, large kitchen with ample cabinet space, walk-in pantry, granite countertops plus 4 s/s appliances including gas stove. Second floor features 4 bedrooms including master with walk-in closet. The partial walkout basement is fully finished and has a rough-in for wet bar. Located on a large west facing professionally landscaped yard, perfect for watching the evening sunsets & lakeviews. (Quiet cul-de-sac location is safe for kids too.) The Tower Ranch Golf Community is just minutes to schools & town, yet has that rural feel. $45/mnth Tower Ranch Home Owner Association Fee. (Incl. Lounge & Fitness Centre.) • 3,102 sq. ft., 4 bath, 5 bdrm 2 story "plus full basement" - MLS® $569,000 - A great family home! For more details on Kelowna Real Estate call Jaime Briggs, Coldwell Banker Horizon Realty at 250-860-7500 or go to www.BriggsOnHomes.com for more photos & information. ...(read more)

Just Listed & First Time on Open House Saturday 1-3pm ~ Vintage Art Deco 'Restoration Project Heritage Home' 1781 Abbott Street

Jaime Briggs — Thu, 11 Apr 2013 18:23:00 GMT

Kelowna South, Kelowna - Vintage 1939 Art Deco "Murchison House" located just steps from the beach & Downtown Kelowna. This 'Retro' home is located on a large corner lot in the trendy Kelowna South neighborhood and is within the Abbott Street Heritage Conservation Area. Truly a 'diamond in the rough'' that features all original details like inlaid oak hardwood floors plus a full unfinished basement. Loaded with charm & character, this is an excellent renovation opportunity. Properties like this do not come along very often! Just Listed & First Time on Open House Saturday April 13th - 1-3pm. • 1,658 sq. ft., 1 bath, 3 bdrm single story - MLS® $449,000 For more details on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015, or go to www.BriggsOnHomes.com ...(read more)

Buyer's Remorse - A Recent Kelowna Story

Jaime Briggs — Thu, 11 Apr 2013 15:01:00 GMT

By Jaime Briggs, Kelowna Real Estate April 11th, 2013 So let me get this straight . . . - You buy a home "sight unseen". - The home inspection CLEARLY states that the home has MAJOR problems. - The home is located on one of the busiest, non-residential areas in Kelowna (is actually located on an industrial street). - You pay only $257,000 for the home, when the median home price at the time in Kelowna is actually $429,000 ! . . . .And now you want to blame the Realtor and the Home Inspector for your poor decision making? This clearly sounds like a case of 'Buyer's Remorse'. However, I find it very sad that they are trying to find scapegoats and blame other people when they have obviously been told the situation up front and chose to make their own decision anyways. Hmmmmm.......... I HARDLY think that they were tricked into buying this home. http://www.cbc.ca/news/canada/north/story/2013/04/08/bc-realtor-inspection.html Here's a Lawyers take on this story, from local Kelowna Lawyer, Peter Borszcz. Home Inspections – What Home Buyers Need to Know Apr 11, 2013 03:25 am | Peter Borszcz Recently, a local Realtor and Home Inspector have been in the news as a Buyer has claimed that they have bought an “unlivable” home (full CBC News Story here) and the aggrieved Buyer is claiming against the Realtor and Home Inspector in small claims court. From my reading of the story and documents (as presented by CBC) there are obviously some salient points that have been downplayed or glossed over: a) The Buyer bought the home “sight unseen” b) The Home Inspection (as posted by CBC) noted: Damaged, rotten windows with moisture damage Old galvanized piping The house was 80+ years old The home inspector was unable to access the crawl space Major cracking in the ceiling Damaged sinks and freeze vulnerable piping Missing baseboard heaters Major electrical issues requiring further inspection So the question that comes to my legal mind given these facts is “would a reasonable person think they were buying a home without major flaws?”. Obviously there are many more facts to this story which will be uncovered in the course of the court proceedings on this matter. Whenever I discuss home inspections with Buyers I always stress that home inspections are like going to see a doctor at a walk-in clinic; Home Inspectors are generalists, they have a broad base of knowledge, but they are not specialists. The take home message for Realtors is that if there are “issues” that are discovered in a home inspection, Realtors should ensure that their clients are directed toward professionals (plumbers, engineers, roofers, ect…) who are in the best position to assess the magnitude of the problem and provide a realistic cost of repair. http://bcrealestatelaw.com/2013/04/10/home-inspections-what-home-buyers-need-to-know/ ...(read more)

Who's Buying Homes in the Okanagan? Results of February 2013 Survey

Jaime Briggs — Fri, 22 Mar 2013 03:09:00 GMT

By Jaime Briggs, Kelowna Real Estate March 21st, 2013 Everyone is always asking me "Who's Buying Homes in the Okanagan?" Well, here's the results from our OMREB February Survey just released today. FEBRUARY SURVEY SUMMARY Property Type: 21.3% of purchases were by Move-Up Buyers (up from 19.8% in January)* 19.7% by First Time Buyers (down from 24.8%) 12.6% purchasing Recreation Property (up from 11.6%) 9.4% buying Revenue/Investment Property (down from 13.2%) 7.1% moving from Single Family Home to Strata Unit (down from 10.7%) 7.1% moving into Retirement Home/Seniors Community (up from 2.5%)* 6.3% moving from Strata property to Single Family Home (up from 3.3%)* * During the month of February, there was an increase in purchases by Move-up Buyers as well as Seniors moving into Retirement Communities, and owners of Strata units moving to Single Family homes. Buyer Type (Family Dynamic): 30.5% Two Parent Family/Children (down from 32.2% in January) 25.8% Couple without Children (similar to January) 18.8% Empty Nesters/Retired (down from 19.8%) 10.9% Single Female (similar to January) 7.8% Single Male (down from 9.9%) 3.1% Single Parent with Children (up from 2.5%)** ** In February, there was an increase in purchases by Single Parent Families with Children, while other categories remained the same or saw decreases. Moving From: 68.2% from Within OMREB Board Area (down from 61.5% in January)*** 11.6% from Alberta (similar to January) 5.4% from Lower Mainland/Vancouver Island (down from 14.8%) 5.4% from Other Areas in BC (up from 4.1%)*** 3.1% from Eastern Canada/Maritimes (down from 4.1%) 3.1% from Saskatchewan/Manitoba (up from 2.5%)*** 3.1% from Outside Canada (up from 1.6%)*** 0% from NWT/Yukon (same as January) *** Compared to February, there was more movement from within the Board area and other areas of BC, and migration increased from overseas, but was down significantly from the Lower Mainland/Vancouver Island. FEBRUARY 2013 RESULTS & HIGHLIGHTS: * Full summary of survey results with pie charts * This month's highlights * Who is Buying Homes in the Okanagan-Shuswap? hand-out 2011 & 2012 PIE CHARTS – Plus 2010-2013 Averages: * Compiled averages for the two main categories - Buyer Type and Where From - during the past 30 months (since September 2010) to show trends. * 2012 pie charts showing averages compiled for all five Survey categories * 2011 pie charts to compare. (First quarter charts for 2013 will be released in mid-April when March survey results are in). ...(read more)

BCREA Reports - Home Sales Continue at Modest Pace: Pent-Up Demand Growing

Jaime Briggs — Thu, 14 Mar 2013 17:31:00 GMT

For immediate release - Home Sales Continue at Modest Pace: Pent-Up Demand Growing Vancouver, BC – March 14, 2013. The British Columbia Real Estate Association (BCREA) reports that a total of 4,501 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during February, down 23.6 per cent compared to February 2012. Total sales dollar volume was down 29.9 per cent to $2.39 million. The average MLS® residential price in the province was $514,134, up 3.1 per cent from January, but down 8.1 per cent from a year ago. "BC home sales continued at a modest pace in February,” said Cameron Muir, BCREA Chief Economist. “Despite improved affordability, many potential buyers and sellers remain in a holding pattern. With pent up demand now becoming latent in the market, it’s not a matter of if, but when home sales rise above their current pace." “An unusual spike in the average MLS® residential price in February 2012 is largely responsible for the year-over-year percentage change,” added Muir. “Most BC markets have experienced relatively stable price levels during the first two months of the year.” Year-to-date, BC residential sales dollar volume declined 24.6 per cent to $4.1 billion, compared to the same period last year. Residential unit sales dipped 19.6 per cent to 7,911 units, while the average MLS® residential price was down 6.2 per cent at $523,117. -30- ...(read more)

Just SOLD! 428 Milton Road ~ Listed for $389,000

Jaime Briggs — Wed, 06 Mar 2013 15:57:00 GMT

Just SOLD! 428 Milton Road ~ Listed for $389,000 Updated 4 Bdrm family home. Newer maple kitchen, s/s appliances, large island, ample cabinet space, hardwood floors, tile. 3-piece ensuite off the master bedroom. 2,200 sq. ft., 3 bath, 4 bdrm bi-level. Fully finished basement with large family room & separate entrance. All located on large private corner lot with tons of parking for boats or RV's, 2 sheds & 220V in garage. Walking distance to South Rutland Elementary School and bus transportation nearby. ...(read more)

Just Listed - Trendy Urban Condo at Mode located on quieter backside of building! $257,900

Jaime Briggs — Mon, 04 Mar 2013 19:58:00 GMT

Springfield/Spall, Kelowna - Urban Corner Condo located at Mode. Bright funky design with 2 bedrooms/2 baths (split plan), SW covered deck w/mountain views, laminate floors & 6 appliances. Located on the quieter backside. "Green Built Building". Includes 1 secure underground parking. Great location where you can walk to the Landmark Technology Buildings, across from recreation centre and near easy bus access. Strata $177.49/mnth. Small pets allowed with restrictions. • 788 sq. ft., 2 bath, 2 bdrm single story "Second floor corner unit" - MLS® $257,900 For more details on Kelowna Real Estate call Jaime Briggs, Coldwell Banker Horizon Realty at 250-860-7500 or go to www.BriggsOnHomes.com for more photos and information. ...(read more)

Who's Buying Homes in the Okanagan? Results of January 2013 Survey

Jaime Briggs — Wed, 27 Feb 2013 17:04:00 GMT

By Jaime Briggs, Kelowna Real Estate February 27th, 2013 Everyone is always asking me "Who's Buying Homes in the Okanagan?" Well, here's the results from our OMREB January Survey just released today. JANUARY SURVEY SUMMARY Property Type: 24.8% by First Time Buyers (up from 17.5% in December)* 19.8% of purchases were by Move-Up Buyers (down from 29.9%) 13.2% buying Revenue/Investment Property (up from 9.3%)* 11.6% purchasing Recreation Property (similar to December) 10.7% moving from Single Family to Strata (up from 5.2%) * 3.3% moving from Strata to Single Family (down from 4.1%) 2.5% moving into Retirement/Seniors Community (down from 3.1%) * During the month of January, there was a substantial increase in purchases by First Time Buyers, and Single Family Homeowners moving to Strata Unit, and in the sales of Revenue/Investment Properties compared to December, while sales in other categories declined. Buyer Type (Family Dynamic): 32.2% Two Parent Family/Children (up from 29% in December) ** 25.6% Couple without Children (up from 20%) ** 19.8% Empty Nesters/Retired (down from 21%) 10.7% Single Female (down from 15%) 9.9% Single Male (down from 13%) 2.5% Single Parent with Children (down from 4%) ** In January, there was an increase in purchases by Two Parent Families with Children, and Couples without Children compared to December, while other categories saw decreases. Moving From: 61.5% from Within OMREB Board Area (down from 68.7% in December) 14.8% from Lower Mainland/Vancouver Island (up from 7.1%) *** 11.5% from Alberta (up from 9%) *** 4.1% from Other Areas in BC (same as December) 4.1% from Eastern Canada/Maritimes (same as December) 2.5% from Saskatchewan/Manitoba (up from 2%) *** 1.6% from Outside Canada (down from 3%) 0% from NWT/Yukon (down from 2% -- 16th month reported) *** Compared to December, there was more migration from the Lower Mainland/Vancouver Island, Alberta and Saskatchewan/Manitoba in January, but less movement from within the Board area, from NWT/Yukon, and from overseas. ...(read more)

Open House Saturday 1-3pm ~ Penthouse-Style Townhouse Overlooking Golf Course $399,000

Jaime Briggs — Fri, 22 Feb 2013 16:51:00 GMT

OPEN HOUSE SATURDAY 1-3pm - #14-2283 Shannon Heights Court, Shannon Lake, West Kelowna Luxurious Penthouse Style Townhouse located on quiet cul-de-sac overlooking Shannon Lake Golf Course! 3 Bdrms, 2 Bths, 2,002 sq. ft., high-end finishings with granite throughout, upgraded S/S appliances, cork floors. Bright open floor plan with 9ft ceilings and gas fireplace. Master bedroom features walk-in closet, 4-piece ensuite w/heated floors and double french doors opening to a huge deck overlooking the 11th hole! Huge storage space in the basement, double car garage and a private, quiet cul-de-sac location only minutes from Downtown West Kelowna. You won't want to miss this spectacular home that shows like brand-new! For more details on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015, or go to www.BriggsOnHomes.com ...(read more)

Just Sold ~ 3107 Sageview Road. Brand New Lakeview Home in Shannon Lake/Smith Creek!

Jaime Briggs — Tue, 19 Feb 2013 01:04:00 GMT

Just Sold ~ 3107 Sageview Road. Brand New Lakeview Home in Shannon Lake/Smith Creek, West Kelowna Brand New Designer Lakeview Home loaded with details. 3 Bdrms, 3.5 Bths, 2,783 sq.ft., fully finished on all 3 levels. Custom wood timber beams, hardwood floors, deluxe kitchen including 4-S/S appliances, gas stove, island bar sink. Large Master Bedroom with walk-in closet, tray ceiling with accent lighting, and 5-piece "spa-like" ensuite w/custom tiled/jetted rainhead shower, soaker tub, heated floors & privacy toilet. Fully finished basement. Oversized Triple car garage w/extra built-in cabinetry. Fully landscaped with u/g irrigation & central air. Another quality home by Licensed Builder, Jeff Houghton of H&H Homes, and all located on quiet cul-de-sac on gorgeous lakeview lot only minutes to Downtown West Kelowna. MLS® $549,000+HST ...(read more)

2 Open Houses Today - Saturday Feb. 16th, 2-4pm. Two Condo's at Quail Ridge Golf Course

Jaime Briggs — Sat, 16 Feb 2013 17:46:00 GMT

2 Open Houses Today - Saturday Feb. 16th, 2-4pm. TWO Golf Condos at Quail Ridge! $239,000 and $314,900 #2208 - 3178 Via Centrale, $314,900 - Unique 2nd floor corner style condo with spectacular views overlooking the golf course and water feature! 2 Bdrms, 2 Bths, large, bright open floor plan with 2 balconies perfect for enjoying the morning sunshine. 5-appliances including insuite laundry. Strata fees $353/month. #2102 - 3178 Via Centrale, $239,000 - Cozy ground floor 1 Bdrm + Den condo ideally situated where you can walkout to the pool! Hickory handscaped hardwood floors, open concept, 5-appliances, covered patio plus includes two secure underground parking stalls. Strata fees $241.80/month. ____________________________________________ Rentals & pet allowed. Secure underground parking. Outdoor swimming pool and hot tub. Great location at Quail Ridge Golf Community just minutes from UBC Okanagan and the Kelowna International Airport! For more details on Kelowna Real Estate call Jaime Briggs, Coldwell Banker Horizon Realty at 250-215-0015 or go to www.BriggsOnHomes.com ...(read more)

Just Listed - Gorgeous Lakeview Walkout Rancher Upper Mission Home at 330 Tanager Drive ~ $789,000

Jaime Briggs — Thu, 14 Feb 2013 19:04:00 GMT

Upper Mission, Kelowna - Large Executive lakeview walkout rancher located in prestigious Belcarra Estates! 5 bedrooms, private pool-sized yard, triple car garage, plus 600 sq.ft workshop under garage. Main floor features formal dining/living room, updated kitchen with granite counters & stainless steel appliances, nook & cozy great room with fireplace off kitchen. Oversized master bedroom has deck access and 4-piece ensuite. Large lower level features 3 additional bedrooms (1 no closet), family room, second laundry room, separate access to flat backyard and ample storage space. You'll love this great family home located in a quiet Upper Mission neighborhood! • 4,157 sq. ft., 4 bath, 5 bdrm single story "Walk-out Rancher " - MLS® $789,000 - Lakeview Walkout Rancher For more information on Kelowna Real Estate please call Jaime Briggs 250-215-0015, or go to www.BriggsOnHomes.com...(read more)