Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B has highlighted 14 properties ranging from under $100,000 to almost $1,800,000. We continue to see more foreclosures from a wide varieties prices and locations.
“In Penticton-Apex, you can now find a one bedroom, two bathroom Condo at the Apex Mountain Resort for $94,4000” says Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE.
“In Summerland, you will find a 3 bedroom, one bathroom 1,624 sqft home on Scott Street valued at $158/sqft of $258,000” Says MAASKE.
There are no shortages of properties to choose from in Penticton either. For example, there is a house on Leir Street, four bedrooms, 2 bathrooms build in 1960 listed at $354,000. This home has been on the market for 111 days and so either buyers think it is still too much money or there are no buyers for this house.
A struggling economy is to blame for more people losing their homes in the South Okanagan Towns of Penticton & Summerland, BC but in the Kelowna area, the lure of luxury condominiums has waned as buyers turn to year-round sunshine destinations South of the our border.
“I just received another foreclosure on Friday that I am processing which is getting harder to value as the process of bank sales thru foreclosures is time consuming and stressful as I often work directly with those losing their homes” says Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B
Buyers from Alberta and the Lower Mainland purchased luxury properties in Kelowna and in the South Okanagan Town of Penticton when the market was high in 2008. Now they are taking losses as prices have dropped, some by as much as 50%, which has sent foreclosures rates in the Okanagan through the roof.Watch Weekly Review here:
Get Foreclosure List Here: http://www.mediafire.com/?kae4boa6bh1ycgf Contact Raymond MAASKE at 250.488.8764 or Raymond@HomeStarRealty.ca for listing details.
Raymond MAASKE, BBA, CCC, ACRE, ATM-B
Penticton & Penticton, Okanagan, BC
Website: http://www.HomeStarRealty.ca
E-mail: raymond@HomeStarRealty.ca
Phone: 250.488.8764
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