Category Archives for Real Estate News

Rom’s January Okanagan Real Estate Stats & Opinion

Okanagan Real Estate Report January 2021 Rom’s Real Estate Opinion The Okanagan Real Estate Market is continuing its robust, upward direction. Many houses are currently selling for above list price! All signs point toward another robust year. A question I hear a lot these days is, “Is now a good time to sell”? Absolutely it […]

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Rom’s December Okanagan Real Estate Stats & Update

Okanagan Real Estate Report December 2020 Rom’s Real Estate Opinion We have finally moved on past the year of 2020. It was a strange yet historic year on many different levels. The real estate market started out as predicted. It was shaping up to be a slightly better year than 2019. Then in March, the […]

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Rom’s November Okanagan Real Estate Stats and Update

Okanagan Real Estate Report November 2020 Rom’s Real Estate Opinion The market rebound from a devastating Spring 2020 was surprising for everyone, including every Realtor® and top economists across this country. Since that time we have seen nothing but record breaking gains across the board, (other than Alberta which has been hit with the oil […]

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Rom’s October Okanagan Real Estate Stats and Update

Kelowna Real Estate Report October 2020   Rom’s Monthly Real Estate Opinion Brrr… we got our first glimpse of winter this past month here in the beautiful Okanagan. Even with our first snow fall, the real estate market has not gone into hibernation. If we didn’t know better we would have to conclude that the […]

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Rom’s September Okanagan Real Estate Stats and Update

    Central Okanagan “Unusual market activity seems to be the theme this year, although not surprising considering there is nothing normal about 2020.  The pandemic has definitely made people look at things differently.  We are seeing higher demand likely due to post-quarantine lifestyle changes. The Pandemic lifestyle changes (who doesn’t want to live in […]

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Rom’s Real Estate Opinion & Stats August 2020

Kelowna Real Estate Report August 2020 Rom’s Monthly Real Estate Opinion What a whirlwind summer it has been for Okanagan Real Estate!  The market continues at a record-breaking pace. Looking at the stats for this month, remember that low inventory is the sign of a robust real estate market, not the opposite! Some of the […]

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Rom’s Real Estate Opinion & Stats June 2020

Kelowna Real Estate Report June 2020 Rom’s Monthly Real Estate Opinion Below you will find the ‘benchmark’ prices for properties. This provides us with a much better idea of the current market rather than using ‘average’ or ‘median’ prices.  ALL property prices (Condo’s, Townhomes and Single Family), went UP compared to June 2019.   Despite the Pandemic, […]

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Rom’s Monthly Real Estate Update May 2020

May 2020 Kelowna Real Estate Report Yearly Comparisons – Sales and Prices for May 2019 vs May 2020 *Please click on images below to enlarge

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Rom’s Real Estate Opinion April 2020 during COVID-19

The Real Estate Market During the COVID-19 Pandemic There is no doubt that the COVID-19 pandemic has made a big impact in the lives of everyone around the world. The way we live our day to day lives has changed drastically; from how we get our groceries to being able to see our family and […]

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Buying and Selling Real Estate During the Coronavirus Pandemic

Buying and Selling Homes during the Coronavirus Pandemic Even during this difficult time, I want to let you know that my obligation to help you sell or buy a home is still in force. The Government of British Columbia has released it’s list of Essential Services.  Real Estate services have been listed as essential. While […]

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