Real Estate Terms

March 13, 2026

5 Things Vancouver Buyers Don't Expect About the Kelowna Real Estate Market

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March 8, 2026

Leasehold vs Freehold in BC: What Okanagan Buyers Need to Know

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Dec. 25, 2025

What Are the Closing Costs When Buying a Home in Kelowna BC? [2025 Guide]

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Aug. 30, 2025

Step-by-Step Guide to Buying a Manufactured Home in British Columbia (2025)

Michael A. Jones - PREC* | Royal LePage Kelowna

Thinking about a manufactured home in Kelowna, Vernon, West Kelowna, or anywhere in the Okanagan Valley? Great choice. Manufactured homes are often one of the most affordable ways to get into the market here. But the process isn’t quite the same as buying …

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Aug. 23, 2025

Probate in BC: What Kelowna and Vernon Families Need to Know Before Selling a Home

Michael A. Jones - PREC* | Royal LePage Kelowna

If you’re navigating the loss of a loved one and need to sell a home in Kelowna, Vernon, or anywhere in the Okanagan, you’ll likely encounter probate. This mini-guide explains what probate is in BC, why it matters for real estate, where to …

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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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Nov. 6, 2023

The List-Price-to-Sale-Price Ratio: A Vital Indicator in Real Estate Transactions

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.

Decoding the …

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Nov. 6, 2023

Absorption Rate in Real Estate: A Guide to Market Dynamics

Navigating the real estate market can be complex, with various indicators that can influence your decision-making process. One such indicator is the absorption rate—a powerful metric that reflects how quickly homes are selling in a specific area. Understanding this rate is essential for both buyers and sellers as it …

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