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

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 …
!--> View MoreMichael A. Jones – PREC* | Royal LePage Kelowna

Mortgage interest isn’t tax-deductible in Canada — unless you use a financial strategy called The Smith Manoeuvre™. Originally developed by Fraser Smith, this approach has helped some Canadian homeowners gradually convert their mortgage debt into tax-deductible investment loans.
If you're a …
View MoreMichael A. Jones – PREC* | Royal LePage Kelowna

In British Columbia, home buyers have access to a variety of mortgage types depending on their financial profile, down payment, and property goals. Whether you’re a first-time buyer or moving up, understanding your options can help you make a smart, informed decision …
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Kelowna's real estate market has experienced significant growth, leading to increased home prices and challenges in affordability. As of September 2024, the median price for a single-family home reached $1,104,600, making it essential for prospective buyers to adopt effective strategies to navigate this competitive landscape.
When stepping into the real estate arena, whether you're a seasoned investor or a first-time homebuyer, one metric that should command your attention is the list-price-to-sale-price ratio. This ratio is not just a number—it's a storyteller, revealing underlying market trends and helping to shape transaction strategies.