Welcome to Vernon in the sunny Okanagan, one of the warmest regions in all of Canada and a great place to live an active lifestyle at a relaxed pace. With so much to offer, whether you enjoy boating, swimming, downhill or cross country skiing, golfing, hiking, biking, walking, sunbathing at the beach or maybe just relaxing with a glass of award winning Okanagan wine and enjoying the stunning views, you’ve come home to the right place.
If you’ve been thinking about buying in the Okanagan, now is a great time to get into the current ‘Buyers’ market as it becomes more affordable, especially for the first time buyer or someone who is wanting to trade up to a larger or newer home. Perhaps you’ve been thinking of picking up a revenue property. Rental vacancies in the North Okanagan are currently around .5%.
Every market brings opportunity and this year will be no different for buyers who recognize the current advantages of historically low interest rates, price reductions and lots of inventory.
Here’s some Food for Thought: The average price for a single family residence in Vernon, 1988, was $69,466, 1998 - $147,867, December 2008 - $375,371. A waterfront property could be purchased in 1988 for $107,170, 1998 - $334,508. In 2008 there were approximately 29 lakeshore properties in the Vernon/Kelowna area that sold for an average price of $2.825 million. Real estate continues to be a solid long term investment.
Whether you are a first time buyer or a seasoned veteran of real estate transactions, my goal is to exceed your expectations by ensuring a smooth process throughout every real estate transaction. As a resident of the North Okanagan Vernon area for 34 years, I can answer all your questions about this magnificent, scenic location that I call home. My construction background also enables me to help you make an informed decision when it comes to purchasing a home, whether it be an oldie or new construction. Information is the key to effective decision making.
When you’re looking for a real estate agent who is friendly, thorough, responsive, professional & willing to help (but not pushy), give me a call. I’m at your service!
When you’re ready to make a move or even if you just have questions about the Okanagan area, just give me a call toll free at 1-866-542-7929 or use the contact link provided to send me an email. I enjoy helping people achieve their real estate goals and look forward to working with you to make your next transaction the best it can be!
Sincerely,
Doug Briggs
Coldwell Banker Alliance Realty