Buyers

June 20, 2025

Why Waiting for a Price Drop Might Cost You More in Kelowna and the Okanagan

By Michael A. Jones – PREC* | Royal LePage Kelowna

Homebuyer Stampede in BC

If you're sitting out of the Kelowna or Okanagan housing market—waiting for bigger price drops—you’re not alone. But you might be late to the party.

Here’s What the Data Shows

The latest Royal LePage Canadian Renters Report found that 54% of …

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June 14, 2025

Why Smart Kelowna Buyers Chase Scarcity

By Michael A. Jones – PREC* | Royal LePage Kelowna

Smart Kelowna Buyers Chase Scarcity

I don’t skimp on shoes.

Tried that. They looked fine, but they hurt. They didn’t last. I ended up replacing them — and spending more in the long run. So now I buy the best pair I can afford. They fit …

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June 2, 2025

There’s Never a Good Time to Buy a Home in Kelowna — And That’s Why You Should

Michael A. Jones – PREC* | Royal LePage Kelowna

There's never a good time to buy a home

Most realtors will tell you it’s always a good time to buy.

That’s not true. It’s never a good time to buy. There’s always risk, always fear, and always some kind of problem to consider.

1. In Slow Markets, Risk Feels Looming …

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May 30, 2025

Can You Use Your RRSP to Buy a Home in Kelowna?

Michael A. Jones – PREC* | Royal LePage Kelowna

Using your RRSP to buy a home in Kelowna

Buying your first home in Kelowna or the Central Okanagan can feel out of reach — especially with today’s prices. But if you’ve been contributing to a Registered Retirement Savings Plan (RRSP), there may be a way to unlock that money tax-free …

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May 20, 2025

Insured vs Uninsured Mortgages in Kelowna BC: What Buyers Should Know

Michael A. Jones – PREC* | Royal LePage Kelowna

Kelowna mortgage options: insured vs uninsured

If you're buying a home in Kelowna — or anywhere in British Columbia — one of the first mortgage decisions you'll face is whether your mortgage will be insured or uninsured. Even buyers with more than 20% down should understand …

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May 18, 2025

BC Home Buying Process: From Offer to Completion Explained

Michael A. Jones – PREC* | Royal LePage Kelowna

Step-by-step BC home buying process

Whether you're buying a home for the first time or it's just been a while, one of the most common questions is:

"What happens once I find a home I like?"

This guide walks you through the full process of …

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May 12, 2025

Should You Buy a Home with Poly-B Plumbing? The Local Perspective

Michael A. Jones – PREC* | Royal LePage Kelowna

Polybutylene piping — known as Poly-B — was used in thousands of Canadian homes from the late 1970s to the mid-1990s. In Kelowna, West Kelowna, and Lake Country, homes built in this era often still contain Poly-B. So, what should buyers know …

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May 12, 2025

Looking for a Great REALTOR® in the Okanagan? Here’s What to Watch For

Michael A. Jones – PREC* | Royal LePage Kelowna

Whether you're buying a lakeview home in Kelowna, selling your acreage in Vernon, or investing in Peachland, choosing the right agent matters. The Okanagan is a diverse and competitive real estate market—and working with someone who truly knows it can make …

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May 12, 2025

Vernon Real Estate Market Update – April 2025

Michael A. Jones – PREC* | Royal LePage Kelowna

The April market stats are in for the North Okanagan, and they show a region adjusting to shifting demand. Total sales held steady year-over-year, while inventory continued to grow. Buyers remain active, but patient. Sellers who price well are seeing results—especially in …

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May 11, 2025

April 2025 Central Okanagan Real Estate Market Report

Michael A. Jones – PREC* | Royal LePage Kelowna

The April market stats are in for the Central Okanagan, and the numbers show signs of momentum. Buyers are active, listings are rising, and homes are selling closer to asking prices. Whether you're buying or selling, market timing is beginning to …

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