
Need A Realtor?
Are you or someone you know looking to buy or sell Real Estate in the Okanagan? Our personal experience owning various types of real estate (personal residences, flips, cash flow properties & development sites) gives us unique insight that ...
Project Management
Do you Have a Qualified Project Manager Driving Your Deal? Conscious Project Management was created to assist developers and property owners by providing project management services for mixed use, residential and commercial real estate developments throughout Canada and the United States. Conscious ...
Project Marketing
Is Your Real Estate Project Selling? Conscious Project Marketing brings an experienced team to the sales, marketing & strategic planning for real estate developments. Conscious Project Marketing was created to provide the critical service of creating sales for real estate developers ...
Consulting
Are You Hitting Road Blocks With Your Real Estate? At times real estate is a tricky game. Even the most shrewd real estate minds experience difficulties, especially in a depressed market. Having access to an experienced team of real estate minds ...
News Flash – HST transition measures support new home buyers & builders
Here's a release from the BC ministry of finance in regards to the HST transition back to GST. They've greatly enhanced the maximum rebate from $26,250 to $42,500 which should have a positive impact on new home sales... SEE BELOW... VICTORIA – New housing transition measures give certainty to an important economic sector and help to keep taxes equitable throughout the transition as the province returns to the PST, Finance Minister Kevin Falcon announced today. B.C. will return to the PST on April 1, 2013, meeting the Province’s commitment to return to the PST as quickly and responsibly as possible, while ensuring businesses can plan their training and systems switch‐over effectively to apply the sales tax correctly. Government is announcing new relief measures that will benefit purchasers and builders of new homes. The B.C. new housing rebate threshold will be increased to $850,000, effective April 1, 2012, meaning more than 90 per cent of newly built homes … [Read More...]
A Year In Review
Average Residential Sales North Okanagan Central Okanagan Shuswap 2006 1142 2484 511 2007 1146 2745 594 2008 693 1757 423 2009 825 1910 362 2010 650 1639 299 2011 598 1646 288 Average Year To Date Sales North Okanagan Central Okanagan Shuswap 2006 $283,150 $365,533 $266,760 2007 $348,820 $438,546 $334,576 2008 $370,904 $458,071 $358,979 2009 $346,882 $423,658 $333,009 2010 $347,976 $437,229 $330,650 2011 $335,979 $422,186 $319,515 Okanagan - Shuswap Market Update The annual sales and price stats for the Okanagan-Shuswap area from 2006 to 2011 illustrate some historical patterns. From 2003 to 2007 the market rose fairly … [Read More...]
Cash Flow Investing (Free Spreadsheet Download)
A “must have” in your real estate portfolio is cash flow property. Cash flow investing is recession resistant investing. The most secure form of investing is having the income make your payments and pay down the principle. Sophisticated investors love cash flow. Speculators roll the dice and pray the market goes up. Today’s market has produced remarkable opportunity. If you’re a cash flow investor you know how difficult it was to find positive cash flow properties near the peak of the market. The contraction of the economy and the record low interest rates has made positive cash flow investments easier to find. I want to give you a spreadsheet that we use to analyze cash flow for residential income producing properties. It takes “all” of your costs into consideration, like vacancy allowance, maintenance and repairs, insurance, bank fees, etc. Use this spreadsheet and contact us regarding positive cash flow opportunities in the Okanagan – Shuswap. We … [Read More...]
Gaining Momentum
The Real Estate Market is all about momentum. The trick is to figure out which way the momentum is going and how long it will go that way. The graphs of 2010 and 2011 show that in the Okanagan - Shuswap area, there was a second dip of the recession in the last two quarters of 2010. This was undoubtedly caused by the combined pressures of the change in the lending constraints by the federal finance minister in April of 2010 and the institution of the HST in July of 2010. That dip lasted right through to the second quarter of 2011. In the third and fourth quarters of 2011 the recovery began to show in the stats. Sales in the last half of 2011 passed the sales of the last half of 2010 throughout the Okanagan Valley. Even though this is a very slow and gradual improvement, there is momentum and it should continue throughout 2012. … [Read More...]
Is the Market Poised to go UP or DOWN?
When we examine the stats for October, 2011 the only significant thing about the Real Estate market in the Okanagan /Shuswap, is that there is nothing significant about it. Sales are constant. Prices are fairly constant. Absorption is fairly constant. Interest rates are fairly constant. From my perspective the reason is obvious...there is no one force that changes the market. There are multiple forces pulling in all different directions which all add up to create one final force. Right now there are very positive forces in Canada that are pushing our market in an upward direction; low interest rates, strong dollar, strong banking systems, the recovery of oil prices, etc. However, there are other forces that are pushing our market to the negative; US real estate and debt crisis, European debt crisis, global recession, etc. The result can be summed up as basically zero. What that means is our market will likely stay steady and constant for a while. This prediction is supported … [Read More...]

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