A day in the life of a Kelowna REALTOR®

This blog is about me, Paige Guernsey, and the things that happen around my job as a Kelowna Real Estate agent with Coldwell Banker Horizon Realty. I talk about listings, sales activity, market conditions, market trends, promotions, green real estate, and sometimes funny things that happen to me during the course of my day. There's links and videos to great information as well as access to my 2 websites, kelownahome.com and greenkelownarealestate.com

Thinking about a suite?

Posted by on January 11, 2012 | No Comments

Everyone has heard about houses that have suites for rent.  What most people don’t know about is how to make them authorized or licensed.

Basement suites in Kelowna

Here is the info and contact info on how to go about making your suite authorized to rent.  The City of Kelowna wants to be able to provide affordable housing and real estate prices are still quite high for a number of people, so the powers that be want to be able to work with you to make it easier and affordable.  If you’ve been “caught” with an unauthorized suite, here’s some information. If you’ve got a property in Kelowna that you’re wanting to add a suite to, check this out.

Basement suites in West Kelowna

The District of West Kelowna has come up with some fairly strict but fair guidelines for putting a suite in your home.  They are very interested in everyone playing by the same rules and here are the guidelines if you’re looking at putting a suite in your West Kelowna real estate!

If you have any questions about buying or selling or how the value of a suite may increase the value of your home, please call Kelowna realtor Paige Guernsey direct at 250-862-6464.

Talk to you soon…

Paige

Uh oh! Kelowna real estate has a fever

Posted by on May 12, 2011 | No Comments

 

What’s going on? For the last 6 weeks sales have been way off.  In fact the last 24 hours goes something like this… 102 new residential mls listings, 50 price reductions, and 25 sales!!!  That’s pretty dismal considering it’s almost the middle of May.  January 2011 stats showed  sales were down over the same time year previous 31%, Feb was down 24%, March was 11%. With this trend we would normally expect April to be on par or at least only slightly down over last year BUT April 2011 sales were down a whopping 34% over last years April.  These kind of numbers are most likely indicative of the cold weather continuing into spring and the Federal Election.  On the upside, sellers are responding with price reductions on their overpriced property.  Buyers, however, are still taking their time.  I think most of us believe the mortgage rates are going up steadily now, and with that in mind, buyers and sellers who are serious are going to have to jump off the fence!

I’m your source for Kelowna real estate information. Buying? Selling? Just want to know what’s really happening out there? Call me on my direct line at 250-862-6464.

Talk to you soon…

Paige

Wardrobe malfunction!

Posted by on May 10, 2011 | No Comments

Last week I had a  meeting with Christine Meekma, HSBC Premier Manager (she’s one of the most amazing bankers I’ve had the pleasure of working with by the way).  As I walked into the bank for my appointment my nylon gave way and began falling rapidly towards my ankle.  How does that happen with brand new nylons??  The dilemma was how to pull it up with nobody noticing.  Naturally I could just feel everyone staring, not to mention all the cameras in the bank that I was sure were zooming in on my location!  There was only 1 fellow waiting where I was so I took my chances, turned around and gave a quick yank up. Relief. Right then Christine was making her way towards me and as I started to walk across the bank trying to look cool and composed, down went the nylon again.  That was of course, when someone commented on my cool shoes! There was nothing I could do at this point, so I squirmed and maneuvered trying to pull it up the whole time.  If Christine noticed anything she was very gracious and said nothing.  Who knew being a Kelowna realtor could be so stressful! 

In the last 24 hours Kelowna real estate has seen 124 listings come onto the market, 48 price reductions and 33 sales.  After a pretty bumpy April where we saw sales down an alarming 34% over April 2010, the warmer weather is sure to bring a more active real estate market for both buyers and sellers!

Questions about real estate? Call me on my direct line at 250-862-6464.

Talk to you soon…

Paige

Google Goggles for Kelowna?

Posted by on March 23, 2011 | No Comments

Just learned about a new and very progressive app called “google goggles”. The basics involve taking a picture of something like a book, piece of art, or business card to only name a few, and search using the visual. No words or dialogue needed.  Technology is moving at such a fast pace and I can see how this tool will become useful when searching for the perfect home or marketing a home.  Check this app out (on the blue link above)… it’s still in it’s infancy but I’m predicting that this will take off at a quick pace.  Imagine being able to drive by a house, snap a picture, do a search and get all sorts of information about that piece of real estate!! The MLS information, pictures, videos, google street view… and the list goes on. 

I’m a Kelowna real estate agent who aggressively uses internet marketing to create custom strategies for both buying and selling. Please call me on my direct line at 250-862-6464 to talk about your decision to buy or sell or check out my Kelowna real estate listings!

Talk to you soon.

Some banks today lowering their fixed rates!

Posted by on March 16, 2011 | No Comments

Hot off the real estate press! Linda Dumka at Kelowna’s Royal Bank, tells me that effective today the fixed rates are down .10% with a 5 year closed mortgage standing at 3.79%.  That’s good news for home buyers!  With 29% of British Columbians planning on purchasing a home in the next 2 years and a full 90% of Canadians believing their home is a good investment, most believe the relative stability of Canada’s housing market will continue. Having said that, I’ve been involved in 3 multiple offer situations in the last 3 weeks!  One was a very unique house that more than one buyer wanted, one was timing - where a house had been on the market for some time and 2 buyers wanted the rancher style of home it was, and the 3rd one revolved around a buyer needing to purchase before their lower pre-approved rate expired.  More MLS (R) listsings are coming onto the system as we head into warmer months (really? warmer?), and the buyers have more to choose from than they had in the last few months.  This change in rates will most likely cause a few buyers to sit up and take notice!

Took a unique condo listing in the Springfield/Spall area of Kelona. Top floor 3 bedroom, 2 bath unit that’s been completely renovated. Take a look!

Talk to you soon…

Paige

 

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