December, 2016 RSS Icon
Found 4 entries for December, 2016.

Though the Christmas holidays have come and gone, you don’t have to stop your gift giving just yet! The most amazing gift that you can still give this year is the gift of life – by donating blood!

Thanks to your generous donation, a child with congenital heart failure will make it through surgery, a car crash victim will survive disastrous and life-threatening trauma, and a leukemia patient will be kept alive long enough to find the stem cell donor that will save his life. These are only a couple examples of the incredible impact your blood donation can have on the lives of so many Canadians!

At Team Cavaliere – River City Realty, we have several team members who regularly Give Life by donating blood, and we want to invite you all to join us in

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Amongst all of the chatter circulating about the B.C. government's HOME Partnership Program, we thought we would chime in with a few thoughts of our own. While it’s easy for us to simply agree with the government's move to implement this program because we are in the real estate industry, we believe that before we can agree, we must first educate ourselves and our clients on the big picture: an all-encompassing view of both the pros and the cons of this decision.

While I do very much support the B.C. Real Estate Association as well as this government initiative, I have decided to take a different approach to discussing this topic:

What are the negatives?

Negative #1:

Long-term second mortgage = increased potential for buyers to over-extend

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The Kamloops Real Estate Board residential sales statistics for November 2016 have been released, showing an increase in residential sales value of 12.3% compared to November of 2015.  The number of single family residential properties sold was identical to last year’s at  135 units sold; however, fewer homes were listed and the number of active listings was lower as well.

Though active listing numbers were comparatively lower than those of 2015, the   results do follow the trend that we see annually as we move from the busy summer months into the cold Kamloops winter, and the decrease is proportional to the level of activity that we have seen throughout 2016.

The Kamloops Median Residential Price for single family homes landed at $417,300, above

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As we approach the 4th Quarter of 2016 there is lots of chatter about the perceived slowdown in the Canadian Real Estate market. In reality, Kamloops continues to set records unlike the suggestion that our national, provincial, and municipal economies are slowing down. I’d really like to focus this post on sharing some of the reasons why I believe that things are actually looking really good for us in Kamloops and generally all Canadian when it comes to real estate and the economy.

On November 30th, the British Columbia Real Estate Association's Chief Economist, Cameron Muir, alongside his colleague, Economist Brendon Ogmundson, released a quarterly summary full of very positive and encouraging numbers. For example, following a 1.3% decline in the

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