Press Release: Okanagan BC: Summerland leads listings with 15 new houses coming on the Market over Penticton’s 9 this week!

 Submitted by maaske on Mar 15, 2012 - 04:44 PM | |

 

In Summerland & Penticton Okanagan BC 24 new listings hit the market this week at an average list price of $530,195 (or $248.99/sqft (including land)).

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In Summerland & Penticton Okanagan BC 24 new listings hit the market this week at an average list price of $530,195 (or $248.99/sqft (including land). Summerland has recorded an unusually high relative ratio to Penticton (given Penticton is almost 3 times the population of Summerland). Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B thought that “because Summerland has a higher ration of Seniors they may be looking to get a ‘jump’ on selling because factors such as schools and work are not as large an factor.”

Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B mentioned ‘good value’ on a home listed at only $153.06/ sqft (including land)).

On the SELL side, there were 7 sales: 3 in Summerland and 4 in Penticton. The average list price of what sold was $446,407 and an actual average selling price of $434,714 (or $251.64/ sqft (including land)).

Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B will be producing Okanagan Foreclosure list focusing on Bank Sales in Penticton BC.

Please contact Summerland Penticton Okanagan Real Estate Agent Raymond MAASKE for more details:

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals" 

 

The Summerland CHAMBER is Back! If only in name.............

The Summerland Chamber of Economic Development and Tourism members voted and passed on a new name at their annual general meeting last night. The new name is Summerland Chamber of Commerce.

Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B was present for “Summerland Chamber of Commerce” 2012 AGM was pleased that the name change has happened.

“I served on the Summerland Chamber of Commerce board of directors when it was just that – The Chamber”, said MAASKE. Clarifying the ‘title’ “will help businesses (and prospective business) know what and where to find what they are looking for”.

SCEDT (Summerland Chamber of Economic Development and Tourism) – now: Summerland Chamber of Commerce is a not-for-profit society comprised of business more than 800 license holders in Summerland, British Columbia, committed to growing the business community through enhanced membership services, tourism support and business development. Run by a volunteer Board of Directors, the Summerland Chamber of Commerce provide networking opportunities, facilitate and support business and community events, operate the Summerland Visitor Centre, serve as your liaison with the BC Chamber of Commerce and speak on your behalf as an advocate to various government agencies.

For people looking to move, invest or buy in Summerland - Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B can assist you in finding what you are looking for.

Raymond MAASKE, BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail: raymond@HomeStarRealty.ca
Phone: 250.488.8764

 

"Oh by the way... I'm never too busy for your referrals"

 

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals" 

Press Release: Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B is only 1 of 6 in BC out of 18,000 Realtors® accredited under ACRE®

 

Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE, BBA, CCC, ATM-B is only 1 of 6 in BC out of 18,000 Realtors® accredited under ACRE®.

In the ever-changing Real Estate Industry, those who keep up and lead the way had better meet the changing needs of consumers.

Profile:

WireService.ca Press Release - March 14, 2012 - Summerland Penticton Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , BBA, CCC, ATM-B is only 1 of 6 in BC out of 18,000 Realtors® accredited under ACRE®.

In the ever-changing Real Estate Industry, those who keep up and lead the way had better meet the changing needs of consumers.

Raymond MAASKE, BBA, CCC, ATM-B though his international Real Estate Company – Home Star Realty is one of ‘those’ doing just that. In fact, he is the only on in the Summerland Penticton Okanagan Real Estate Market, and 1 of 6 out of over 18,000 Realtors(s) in British Columbia that seeks to put the consumer/public first by being certified as an Accredited Consultant in Real Estate: ACRE® See: http://www.theconsultingtimes.com/find/archive/2011/07/raymond.html

Accredited Consultant in Real Estate: ACRE® Consider this ... The real estate industry is experiencing dramatic and rapid change and consumers are demanding a different way to buy services.

Question: Do agents need a different business model to adapt and succeed in a changing environment?

Answer: Yes. A consulting approach with a new business model which promotes objectivity and transparency.  Video: 

Raymond MAASKE, BBA, CCC, ATM-B, a Summerland Penticton Okanagan Real Estate Agent recognized first as a Realtor and then as a Real Estate Company Owner that there was an inherent “conflict of interest” build into the ‘main stream’ Real Estate Brokerage Model.” That is “as a realtor® we only had the possibly of getting paid IF we told the customer what we thought they wanted to hear and NOT necessarily the truth”. For example, “when valuing a property, the realtor® who gave the highest price would often get the listings”. This is neither “good business” nor “honest”

Unlike RE/MAX, Royal LePage, Coldwell Banker and the other large corporate franchises, Home Star Realty owned independently by Raymond MAASKE, BBA, CCC, ATM-B “can offer services meeting the consumer’s needs and NOT the Real Estate Company’s demands” says MAASKE.

Raymond MAASKE, BBA, CCC, ATM-B is currently working on his second book on Real Estate and is 9th book to date. You can check him out at: http://www.homestarrealty.ca/

Raymond MAASKE, BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail: raymond@HomeStarRealty.ca
Phone: 250.488.8764

 

"Oh by the way... I'm never too busy for your referrals"

 

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals"

 

Home foreclosures in the South Okanagan Town of Summerland BC have skyrocketed in the past few months.

Summerland Okanagan BC Foreclosures Skyrocket

Summerland BC

Home foreclosures in the South Okanagan Town of Summerland BC have skyrocketed in the past few months.

In Summerland, two 2800 square foot exclusive ‘high end’ Lakefront houses are selling for $1,795,000 just half of what the owners built them for in 2008.  Including the cost of the valuable lakefront land, the cost to purchase this luxury address is just $641 per square foot.

Real estate agency Raymond MAASKE - Home Star Realty says in the past year, it used to be one or two foreclosures at a time.  But not now………….

“I get calls probably very week from someone wanting me to find somebody to take over their mortgage,” MAASKE said.

A struggling economy is to blame for more people losing their homes in the South Okanagan Town of 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 border.

Buyers from Alberta and the Lower Mainland purchase luxury properties in Kelowna and in the South Okanagan Town of Summerland 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.

There are currently 5 court ordered sales in Summerland BC, which is several times the amount three years ago.

See Summerland BC Foreclosures video here:   

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals" 

 

Mr. Murphy: Where can YOU buy a HOUSE for $83/sqft including the land? Find out here……..

Feb 2012 South Okanagan Real Estate Market Monthly Review – Raymond MAASKE – Home Star Realty

 

 

Feb 2012 South Okanagan Real Estate Market Monthly Review – Raymond MAASKE – Home Star Realty

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals" 

What is Education’s place in our lives? In China “Education is King” – What is it to the BCTF (BC Teachers’ Federation) and to us here?

We have four children who will be home next week as the teachers in British Columbia Strike.  Politics aside, what does education mean to us?  My 16 year daughter will move to China this Summer and compete for what she values very much………….. what will you do?

Here is and excerpt from an investment newsletter that gives you a picture of what others are doing……….”I’M JUST SAYING”……..

With a population of 23 million in its city proper, Shanghai is one of the most populated cities on the planet. During the trip, throughout the day, I saw people of all kinds near my apartment and office. But except on Sundays, I rarely saw children in China’s biggest city. This is because throughout weekdays and some Saturdays, most children in Shanghai are either in school or some sort of extra-curricular program such as academic tutoring, playing piano, or learning English.

Most children in Shanghai work very hard. They leave their homes before 8 a.m. and often don’t get back until dinnertime. Kids do work this hard six days a week because their parents are afraid that they won’t be able to compete. I think there are three main reasons why Shanghai parents push their kids so hard:

1.    Tough competition: Living in Mainland China’s largest and most cosmopolitan city, and competing for the limited resources there, is not easy for most middle and middle-upper class Chinese parents. Competition for real estate space and limited openings in good schools and jobs is fierce in any large international city, such as New York or London. In Shanghai, the competition is extra tough because average income there is only around US$12,000 a year, about a quarter that of Los Angeles, yet the cost of living is comparable to that of LA. Therefore, parents in Shanghai push their kids extra hard, because they know how tough it is in society and how easy it is to fall behind.

2.    Cultural reasons: Historically, for 2,000 years, the best ticket out of poverty in China was to score well on the civil service exam and become a government official. Because of the cultural importance attributed to education in China, most middle class urban Chinese families still view it as the primary tool for upward social mobility. This causes Chinese parents to push their kids harder in school, and forms the basis of the “Tiger Mom” approach to parenting.

3.    One child policy: Because of China’s one-child policy, which started in the early ’80s, most young people under 30 years-old are the only child in their family. Young parents, most likely the only child of the family themselves, and the four grandparents place all their future hopes of family glory on this sole child, leading families in Shanghai and other major cities to push their kids extra hard.

The extracurricular hard work pays off. In 2010’s worldwide evaluation of student performance, administered by the Organization for Economic Cooperation and Development (OECD), Shanghai students topped the charts across the board in math, science and reading, beating students from 65 countries. In the same test, American students ranked 25th in math, 17th in science and 14th in reading. 

Source: 

Robert Hsu
Editor, China Strategy

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals"

March 1, 2012 Real Estate Weekly Market Review – Summerland, Penticton, Okanagan BC.- Raymond MAASKE

March 1, 2012 Real Estate Weekly Market Review – Summerland, Penticton, Okanagan BC.- Raymond MAASKE

 

 

March 1, 2012 Real Estate Weekly Market Review – Summerland, Penticton, Okanagan BC.- Raymond MAASKE

 

 

Raymond MAASKE,BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC

Website: http://www.HomeStarRealty.ca
E-mail:raymond@HomeStarRealty.ca
Phone:250.488.8764

        

"Oh by the way... I'm never too busy for your referrals"