The real estate market here in Kamloops is now in full spring mode now, just a little later with some carry over into summer. When looking at the direct sales numbers, we had more sales in June 2020 than in June 2019, while not a huge jump of numbers Continue Reading
The Canadian Housing Mortgage Corporation (CMHC) the largest mortgage insurance provider in Canada is making changes to their qualification rules. As of July 1, 2020 all high ratio mortgage applications or those with less than 20% down will have to Continue Reading
Here we are nearly half way through 2020 and sitting down at the end of the first week of June looking back on May activity. Stronger market her in Kamloops in May than what we saw in March & April, a good sign that the typical spring market is Continue Reading
Saying April was an interesting month would be an understatement! Between the world health crisis, murder bees and households turned school rooms - there was not much time for real estate it would seem. All jokes aside, this month compared to Continue Reading
Here we are in April, looking at the end of the first quarter here in the Kamloops area and it's hard not to see that life around us seems to be slowing down. Not just in our day to day lives but across the city in every business but Continue Reading
Kamloops just had its last snow fall of the season (hopefully!) and Spring is officially around the corner. February flew by far too quickly, not that it helped I was away in the US for the R4 Remax Convention. What an incredible experience, the week Continue Reading
The first few weeks of 2020 are off to a running start, especially here in the RE/MAX office. As I have wished many of my past clients a Happy New Year, there is a common topic that keeps popping up... "Our market seems to have changed a lot these Continue Reading
The Kamloops Real Estate Market finished 2019 overall in a stable position compared to the remainder of the Province which has been experiencing a downward movement throughout the past 12 months. The total housing inventory at the end of December Continue Reading
We have officially entered the last month of 2019 and the last month of this decade before we enter 2020. This past quarter has been quite active with a bit of slow down in activity this past month. With cooler weather rolling in and the Continue Reading
The Kamloops Real Estate Board has set a new high in average residential sale price, climbing to $515,000! It's not hard to see why when you see the number of new listings down and sales up from this time last year. Supply and demand certainly Continue Reading
The third and final quarter of the year is here, and between seasonal shifts in the market and a general slowing we are starting to see a bit more inventory on the market. This is quite common for this period of time as winter approaches, houses for Continue Reading
September is here and school is back in session - if you're anything like my house the adults jumped for joy the moment the kids were out the door. Overall the summer season was a busy one, not just for my own personal life but for real estate in Continue Reading
RE/MAX Real Estate Kamloops
258 Seymour Street
Kamloops BC V2C 2E5
