A Vancouver based company sold luxury townhomes to 2010 Olympic visitors for a total of over $31 million. While I was in Vancouver to catch some of the buzz, I met 6 new people one day on the streets and 3 of them were planning on a visit to Kelowna during their Olympic stay! Upon further inquiry, these people, from different parts of the world were impressed that you could buy a nice 2 bed, 2 bath condo for around $300,000... less than where they were from!
Kelowna and our real estate are becoming international players. Check out my website for more great information about Kelowna, BC !
Talk to you soon...
Paige
Showing posts with label kelowna and the 2010 olympics. Show all posts
Showing posts with label kelowna and the 2010 olympics. Show all posts
Wednesday, March 3, 2010
Sunday, January 31, 2010
The benefits of 2010 Olympics in Kelowna
It's hard to believe that the 2010 Winter Olympics start in just 12 days. How do you think Kelowna will fare when it's all over? Increased tourism? More business opportunities? Higher real estate prices?
It seems that everyone has an opinion and those opinions vary widely.
Approximately 5,500 people from over 80 countries will take place in 86 events for which there is an estimated global audience of THREE BILLION people! Thanks to the efforts of the Kelowna Chamber of Commerce and the Economic Development Commission our city is prepared to meet and greet whatever comes our way.
I believe that our economy will continue to flourish and grow and that the 2010 Olympics will have an effect on Kelowna and the Okanagan Valley. Only time will tell to what extent.
GO CANADA!!
Talk to you soon...
Paige
PS I saw this very cool video of Vancouver and wanted to share it with you.
It seems that everyone has an opinion and those opinions vary widely.
Approximately 5,500 people from over 80 countries will take place in 86 events for which there is an estimated global audience of THREE BILLION people! Thanks to the efforts of the Kelowna Chamber of Commerce and the Economic Development Commission our city is prepared to meet and greet whatever comes our way.
I believe that our economy will continue to flourish and grow and that the 2010 Olympics will have an effect on Kelowna and the Okanagan Valley. Only time will tell to what extent.
GO CANADA!!
Talk to you soon...
Paige
PS I saw this very cool video of Vancouver and wanted to share it with you.
Sunday, January 3, 2010
A fresh start for Kelowna real estate
Here we are at the beginning of 2010. What will kelowna real estate look like this year? Continued low interest rates, sale prices up, and inventory at a sustainable level could spell a very healthy and balanced real estate market.
I'm hearing from my fellow realtors that there are more and more buyers coming in again from other areas... particularly the lower mainland and Alberta. Also, the number of investors has remained steady, encouraged by low vacancy rates and better prices. First time buyers, who came back to the table in 2009, will continue to enter the market with the possibility of interest rates going up this year. Move up buyers are also busy upgrading their homes. The Olympics will shine a spotlight on our region as well. All in all... Kelowna is an amazing place to live and it's real estate should continue to thrive and prosper in the coming months.
Talk to you soon...
Paige
I'm hearing from my fellow realtors that there are more and more buyers coming in again from other areas... particularly the lower mainland and Alberta. Also, the number of investors has remained steady, encouraged by low vacancy rates and better prices. First time buyers, who came back to the table in 2009, will continue to enter the market with the possibility of interest rates going up this year. Move up buyers are also busy upgrading their homes. The Olympics will shine a spotlight on our region as well. All in all... Kelowna is an amazing place to live and it's real estate should continue to thrive and prosper in the coming months.
Talk to you soon...
Paige
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