November/December 2020 Newsletter!

November/december
2020 Newsletter!

Welcome back to another newsletter 🤗
 
What a beautiful Fall we've been having!! 
 
Jake kept up with his Kal lake swimming until about mid-October 🥶!
 
We are feeling settled in to our "back to school" routine and are looking forward to all the new activities that Winter brings.
  ⛷☃️🏂
Never a dull moment around our house with Iris and Jade growing and changing at a rapid rate.  Not to mention the always expanding list of projects we have on the go for @homesokanagan!
 
Best wishes to everyone reading this newsletter!
Thank you for all your support!
 
Jake and Rachel Russell

RECIPE CORNER:
We're back at it with another set of recipes! 
This time I'll have you baking up a storm with two amazing vegan creations.  You'll want to make them again and again!
If you try one of the recipes from our newsletter, snap a picture 
and send it our way 📸! We'd love to see! 
 
I'm always looking for new plant-based meal inspiration!  
 
If you have a favorite vegan recipe, let us know...maybe we can share it in one of our upcoming newsletters!
 
Lot's of love 
 
-Rachel XO

Sheet Pan Pancakes:
Try these and see if you ever want to make regular pancakes again. 
I don't!! 😋

Get the recipe!!

Herb & Cheese Drop Biscuits:
Perfect for spreading vegan butter on top and dipping in soup 💕

Get the recipe!!

Featured Listings!

Delightful East Hill Heritage Home:
-Former B&B
-5 Bedroom // 4 Bathroom
-Guest Cabin
-Workshop
 
4008 Pleasant Valley Rd.Vernon B.C.Price: $679,000
MLS #: 10218014

More Info/Pics 📸

Clean and Bright Level Entry Condominium!
-2 Bedroom // 1 Bathroom
-Large in-suite laundry
-Low strata fees
 
#104 - 1047 Middleton Way, Vernon BC
Price: $214,000
MLS #: 10217677

More Info/Pics 📸

Here’s the latest update from Jake!
 
Happy November everyone! 
 
The September market stats are staggering! 
As I’m writing this, October is proving to be much of the same.
 
We are in a strong Sellers market….very low Buyer inventory (home choices) and the average house price is just over $500,000 for a single family dwelling.
 
Having said that, I'm still seeing some good choices for buyers out there!
 
I've provided a variety of statistical information below ⬇️
 
If these documents ever become confusing/difficult to view,
please let me know! 
 
Feel free to call/text/email anytime and I will gladly clarify any confusion as well as provide you with the latest information about what is going on in the market TODAY!
 
As for me, I’m really loving this new coaching program I’m participating in with Angie Tumlinson.  It’s called “Lead the Field” and I can’t recommend it enough.
 
Hope you are all doing great!
 
-Jake

📈For all the stats lovers out there📊:⬇️⬇️⬇️

OMREB: August 2020 Summary Statistics
(Click the button below to view full size!)

August 2020 Statistics!

OMREB: September 2020 Summary Statistics
(Click the button below to view full size!)

September 2020 Statistics!

MONTHLY BUYERS SURVEY:
August 2020 Survey Overview
 
(Click button below to view full size)

Click Here to View Full Size!

PIE CHARTS & GRAPHS Quarterly YTD: January - June 2020:
 
(Click button below to view 2 page document, full size)

Click Here to View (2 pages) Full Size!

The OMREB real estate market continues to achieve historical highs in the middle of a pandemic driven recession.  There were 3,322 residential sales in the third quarter of 2020, a 56.1% increase compared to the same period last year.
 
To read more, click the button below!

Full Market Overview (October 2020)

 Summary of Highlights for OMREB Monthly Buyers Survey:
 
Click button below to view Buyer Survey Highlights (7 pages). 
 
An easy to read chart comparing prior months and years.

Buyer Survey Highlights: (7 page chart)

MEDIA RELEASE:
KELOWNA, B.C. – September 2nd, 2020: Pent-up Demand Continues to Drive Local Residential Real Estate Market:
Residential sales for August decreased slightly to 1,034 compared to July’s 1,094 total units sold across the region of Revelstoke to Peachland yet remained up compared to this time last year by 43%, reports the Okanagan Mainline Real Estate Board (OMREB).

Click Here to Read Full Article!

MEDIA RELEASE:
KELOWNA, B.C. – October 2nd, 2020: Local Residential Real Estate Market Seeing High Demand Into Fall:
Residential sales for September saw a 12% uptick to 1,159 compared to August’s 1,034 total units sold across the region of Revelstoke to Peachland. September residential sales also surpassed last year’s sales by 78%, reports the Okanagan Mainline Real Estate Board (OMREB).

Click Here to Read Full Article!

Second homes and the principal residence tax exemption:
From what I have read, the demand for cottage properties has soared during COVID-19. City folk are eager to get out of the city for a change of scenery, especially since many people are still working from home. So the idea of having your laptop set up on the dock of your second home is definitely appealing. And if you are on the selling side, you likely have benefitted from the high demand for properties.

For Full Article, Click Here!

Mark Nichiporuk, from our Vernon Sutton office, is a whiz with stats.
 
Click the button below for his in depth September 2020 market snapshot (North Okanagan).
 
https://marknich.com/

SEPTEMBER 2020 MARKET SNAPSHOT (North Okanagan)

If you're in need of an excellent carpet cleaning service, contact Rod!!
He is the owner/operator of North Okanagan Carpet Cleaning and has been maintaining our sweet blue rugs for years!  
 
They always come out looking brand new! 
 
He has also done some gutter cleaning for us and offers a wide range of other services (ie. Duct and furnace cleaning, tile/grout pressure washing, RV/Automobile cleaning, upholstery cleaning, etc.)
 
Call Rod!
Phone #: 250.308.5622
Website: https://www.northokanagancarpetcleaning.com/
 

Watch our latest YouTube video!! 

Stay tuned for the next one and feel free to reach out at anytime.
Thank you so much!!

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