All posts by Rob
New HST/PST Calculator using the Transition Rules for Switch Back to BC PST
A new HST/PST tax calculator has been added to the British Columbia Real Estate Association’s online HST/PST resources. These tools calculate taxes using transition rules applicable to the switch back to BC PST on April 1, 2013 only. That is, they do not factor in pre-harmonization grand-parenting or prior tax rate change transitions. Three calculation options are available: […]
Continue readingBuilding permit values in Lake Country up $4 million in 2012
Some positive real estate news from the Okanagan. The District of Lake Country building permit reports for 2012 show that permit values in 2012 were once again at the 2005 level and exceeded the previous year by $4 million. Since incorporation in 1995 the District of Lake Country has had an average building permit value […]
Continue reading5 Ways to avoid Investor hell
If there’s one area where savvy real estate investors excel, it’s finding and following through with lucrative deals. The very thought of purchasing a property and turning it into a cash flowing powerhouse is one that entices investors of all levels to get out there and start buying. However, as the old adage goes, “All that […]
Continue readingHome Owner Grant threshold rises with property values
NEWS RELEASE For Immediate Release Jan. 2, 2013 Ministry of Finance Home Owner Grant threshold rises with property values VICTORIA – More than one million home owners in British Columbia may be eligible to receive the entire Home Owner Grant again this year as the Province is increasing the threshold for the Home […]
Continue readingKelowna Foreclosures Nov 17 – Dec 10, 2012
Click below for the most recent Kelowna foreclosure listings: Kelowna Foreclosures
Continue reading‘Dull’ development moved forward
Dull – run of the mill – disappointing.’ That’s how one Kelowna City Councillor described a proposed development at the northeast corner of the intersection of Highway 97 and 33. Photo: Contributed – City of Kelowna Conceptual Drawing New Town Architectural Services brought forth an application to have the property, formerly the Vineyard Inn Motel, […]
Continue readingNew Immigration Program in 2013
A new immigration program aimed at getting skilled workers into Canada faster will start on Jan. 2. Immigration Minister Jason Kenney says the new rules will help address labour shortages. To qualify, applicants will need to already have a job offer or be pre-qualified by a province or territory. They’ll also have to meet language […]
Continue readingHigh costs drive B.C. first-time homebuyers to seek home with rental unit
The cost of buying and owning a home in British Columbia is so high that about half of first-time-homebuyers are looking for a property with a rental unit to cut costs, according to a new survey. The cost of buying and owning a home in British Columbia is so high that about half of first-time-homebuyers […]
Continue readingBernard Avenue Revitalization Update
The first phase of the $14-million revitalization project on Kelowna’s “Main Street” is nearing completion and Bernard Avenue will reopen to motorists on Friday, Dec. 7 at 6 p.m. “We are really pleased with the outcome,” said Bill Berry, Director of Design & Construction Services. “The first phase from Richter to St. Paul streets was […]
Continue reading