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

On this episode Parker Bennett discusses the current market conditions in the Kamloops Real Estate market, province wide zoning changes and changes to owning and operating a short term rental property in the province of BC. A great listen.

New Legislation Coming to Kamloops Home Owners

March Realestate report covering the most up to the minute stats on the Kamloops market from February 2024. We also delve into the definitions of benchmark price compared to average price of a home in Kamloops and compare it to some of the subdivisions sales in Kamloops for relevance .
The benchmark price in Kamloops today is $647,000 while the average price is $793,331. 
The average days homes are sitting on the market has been reduced in the past two weeks from 71 days to 53 days indicating a swift uptick in the current stat of the market. 

The spring market has arrived.......

March Realestate Market Update For Kamloops

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

There are big changes being made to roof coverage in the insurance industry. Listen to find out more!

Shocking Changes To Roof Insurance Coverage

The first anticipated rate drop was announced by the Bank of Canada yesterday. A drop of 0.25% bringing the overnight to 4.75% and the borrowing rate to 6.95%. We are to expect more rate cuts in the coming months.

Watch this episode of Ottawa Real Estate Buzz to see what you should be doing if you're a Buyer or Seller and what to expect in the coming weeks and months. 

Be ahead of the REST!

Let's Connect:
Website - https://www.imaginehome.ca
Facebook -  https://www.facebook.com/SuperRealt0r/
Instagram -  https://www.instagram.com/aboozar_myottawa/
Podcast - https://on.soundcloud.com/aaxUWjgqfpJ4WPXT7

1st Rate drop & more expected! What to do as a BUYER & SELLER?

Navigating the home buying process as a first-time home buyer is easier with Texas Premier Mortgage. We offer personalized service and expert guidance to help you secure the best loan options, including FHA, conventional, and jumbo loans. Visit:-https://www.txpremiermortgage.com/first-time-home-buyer/

First-Time Home Buyer Loans: Simplified with Texas Premier Mortgage

Danielle Ferrazzano shares her top seven tips for first-time home buyers! From understanding your budget to finding the right neighborhood, Danielle’s expert advice will help you navigate the exciting journey of buying your first home. Tune in to gain valuable insights and make informed decisions every step of the way.

Danielle Ferrazzano Shares 7 Tips for First-Time Home Buyers

Discover the range of mortgage options available to you as a first time home buyer. From FHA loans with low down payments to conventional loans with long-term benefits, learn how to choose the best loan for your needs. If you want to know more visit:- https://www.txpremiermortgage.com/buying-a-home/first-time-home-buyer/

Navigating Mortgage Options As A First Time Home Buyer

Are you ready to become a first time home buyer? Our step-by-step process outlines everything from pre-approval to closing on your new home. Stay organized and informed as you embark on this exciting journey toward homeownership. visit:- https://www.txpremiermortgage.com/first-time-home-buyer

The Step-by-Step Process for First Time Home Buyers

The Wealth Protection Diva shares some of her 30+ years of business experience. Prepare now for prosperity!
www.SageIntl.com

Cheri Hill, Preparing for Prosperity

Key steps to get out of debt as you prepare for prosperity. And Cheri Hill from Sage International tells us how to do this.
sageintl.com

Debt Free and The Wealth Protection Diva, Cheri Hill

Where in the USA are the best states for first-time home buyers to save for a down payment? What states have the most Christmas-time home burglaries? And where in America are the biggest rent increases happening? We'll answer these questions and check on the home sales stats in northern Nevada from Sierra Nevada Realtors. 
SageIntl.com
775-786-5515

Local Stats, USA Stats, and National Real Estate News

Manufacturing peace of mind through engineered insurance solutions.

Looking for a top-rated mortgage services in your area? Look no further than Texas Premier Mortgage. Our team of experienced professionals are dedicated to providing you with the best possible rate and service. Contact us today to learn more about our great products and services.

Father of 3, Realtor in Ottawa since 2009 expertise in the Residential, Rental, and Commercial sectors. Proud part of the Ottawa East community since 2013. Love recreational sports, volleyball, soccer...

Danielle Ferrazzano is a seasoned real estate advisor with over a decade of experience. Holding a degree in Business Administration, she skillfully blends her expertise in finance and marketing to guide clients toward their real estate aspirations. Danielle is renowned for her personalized approach, dedicating herself to fully understanding her clients' needs, whether they are buying, selling, or investing. Her honesty, integrity, and steadfast support have earned her a loyal clientele and numerous accolades. Beyond her professional life, Danielle is actively involved in her community and constantly seeks to expand her real estate knowledge. With Danielle, you have a passionate advisor committed to your real estate success.

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.

Nevada Real Estate Radio™ airs Thursdays, 3pm PST on 93.7 FM in Northern Nevada.  Here on Soundcloud you find many of our previous shows. Learn more about our passion and team at www.NevadaRealEstateRadio.com 
I'm Director of Marketing at Sage International and I interview Realtors™ and real estate-related investors every week so we can talk about the current topics to consider if you're buying or selling investment real estate. Listen to the experts before you make that next big real estate decision.
Attention Radio Guests: Sign-up for SoundClound (it's free) so that your interview will be posted on your own SoundCloud site. It's a great way to grow your listener base and business on the web.
CLICK on the blue bar below any of my tracks to sign-up and/or leave a comment. Thank you.
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New tracks tagged #FirstTimeHomeBuyer