An interesting look at how the market faired in 2021. Sub divisions of note: Sahali, Aberdeen, Brocklehurst and South Kamloops. BC Assessment info and what to expect in trends moving forward in 2022.

2021 Realestate Review

Last week, Parker made a claim that has kept him up at night. So in THIS episode Parker dives deep into statistics to show why NOW is the best time to buy a home. Facts! Figures! Charts! Graphs! Find out what the state of the market is, has been, and will be.  Listen to this episode to understand how historical data builds an accurate picture of why there will never be a better time to buy then right now.

Why now is the best time to buy Real-Estate

In this episode Parker invites guest Darin Jurasevich, a home inspector-turned-realtor based in Bellingham, WA, to chat about the different perspectives each role brings to a real estate transaction.  Both Parker and Darin have similar career paths: they each spent about 10 years working as home inspectors before entering the real estate field.  Listen for an insider's perspective on the home inspection process -- from both sides now!

Home Inspection: A Realtor's Perspective

Episode 123 The Everything You Need To Know About SunRivers Episode

Welcome to Kamloops Real Estate Insider Podcast with returning guest Lisa Moonie licensed broker, real estate agent, Sun Rivers resident. 
As well we are joined by Lawyer and Partner of Stewart and Springford law LLP Welcome Chrystie Stewart. Also a Sun Rivers resident 

Today, we're are going to dive into a very specific neighbourhood in Kamloops, we are going to look at leasehold ownership of the Sun Rivers development. The purpose of this episode  is to discuss and answer questions, rumours and myth busting about the development ownership and to give a more in depth discussion about the development, so if you were thinking about purchasing at Sun Rivers to give you a source of qualified information
 
 Sun Rivers 
Sun Rivers is located in one of the most desirable physical locations in Kamloops. With such limited development on the South facing exposure of the Thompson river, sun rivers was appropriately named for its amazing amount of South facing exposure, proximately to downtown, it’s a resort style development featuring Big horn golf and country club.  

Sun Rivers holds the 99 year head lease, plus 20 year development term, over the 460 acre parcel, the head landlord is ‘Her Majesty the Queen in right of Canada’ (the crown). The lease has been structured to most fully protect the investments of the homeowners, the investors, the lenders and Sun Rivers. The amended lease date will end on June 30, 2115; in effect, the earliest parts of the Sun Rivers Community have a total lease of up to 119 years.
 Is purchasing land at Sunn Rivers secure ?
The land has been leased back to the Federal Government "The crown and your leased ownership is with the crown and not directly with TKIB. 

How is Sun Rivers different ? 
Each Development has a style and design characteristic
Lenders ?are they limited ? 
Ownership    -     Utilities  Corex ( Hydro and Natural gas water and sewer ) TKIB has a water treatment facility, but sewer services for wastewater treatment are contracted back to the city of Kamloops.
Property Taxes, home owners grant, Property transfer taxes is applicable, GST is applicable 
Geo thermal heating .. ground source heat pump using water that circulates the ground to extract thermal energy or to discharge thermal energy in the cooling months. ( carbon taxes this is now going to more affordable ) 
Landscaping ( community fees, ) development fees, 
Services ???? 
Bus, fire, schools, parks, hiking in the area ? access is limited , was an adult orientated development, but its moving away from that currently. One road in and out 
( What is a quiet calmed community ) 
-	Third party approval for purchasing and how that works 
-	Gap insurance, Trust completion - defining these terms
Don’t want to discount the fact that the wildlife is amazing … Ovis canadensis California big horn sheep, chukars 
What happens as we get closer to 2115 ??????? how does that play out ? 

Some 2024 stats on the development shows "It takes over double the amount of time for properties to sell at Sun Rivers", we explore why that is....

The Everything You Need To Know About Sun Rivers Home Ownership Episode

This week Parker Bennett, Philippa Thiessen and special guest Sarah Park from Mortgage Alliance, discuss the upcoming changes to the Mortgage Stress Tests and how it will affect the 2018 market.

Episode 2 - Mortgage Stress Tests With Sarah Park

This week Parker Bennett and Philippa Thiessen discuss all the potential reasons why your property isn't selling and how to combat these issues.

Episode 3 - Why Isn't My House Selling

In this Episode Parker Bennett and special guest Bernard Immel discuss the B20 Mortgage Rules and their predictions for the Real Estate Market in 2018.

Episode 5 - B20 Mortgage Rules and 2018 Forecast With Bernard Immel

COVID 19 and what its doing to the current state of the Kamloops Real Estate Market. What to expect in the coming weeks, what sellers should be doing to prepare and how buyers can ready themselves for post corona virus. What long term effects the corona virus may have on our local Real Estate market. .....#stay safe everyone and stay at home !

COVID 19 & The Kamloops Real Estate Market

Second edition in a series of detailed information covering the real estate market in Kamloops and how it is being effected by the covid 19 pandemic .

Covid 19 & The Kamloops Real Estate Market Part 2

My two bits .......What is happening with Realestate in Kamloops. What to do? Bit coin or a house.......A few minutes with Parker Bennett and his two bits on the market and what will happen in the future of Real Estate for Kamloops

Buy a house or Bitcoin ???

On this podcast Parker talks about the common mistakes made by first time home buyers. He elaborates on the mistakes and makes some good recommendations on how to avoid the typical pitfalls and hiccups !Special guest Sarah Park joins in the fun on the lending side of things....

10 common mistakes made by first time home buyers

Parker Bennett and guests from around the housing industry discuss the ins and outs of today's real estate market specifically for the Kamloops and local surrounding markets.

The Everything You Need To Know About Sun Rivers Home Ownership Episode

The Kamloops Real Estate Insider

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