What is Gentrification?

Gentrification is a process in which a neighborhood is transformed from low-value to high-value properties. This occurs when affluent buyers purchase and rehabilitate older urban properties creating a revitalization cycle. The resulting increases in housing prices sometimes lead to displacement of long-time neighborhood residents.

UPCOMING EVENTS BULLETIN FOR THE OKANAGAN

UPCOMING EVENTS BULLETIN FOR THE OKANAGAN 3 Cities: Vernon, Kelowna and Penticton

Many people (advisors and investors) are dissatisfied with the returns of traditional investment vehicles over the last 10 years and current advisor and investor demand  has began "a grass roots movement" that is quickly becoming a structural change in the Canadian Investment Industry.  Agility Financial, Twin View Financial and Raintree Financial Solutions are three of the first companies in the BC Interior educating and preparing people for this change.  Please consider investing the time to join us at one of events.   Your future will be glad you did.

 

 

www.agilityfinancial.ca  Sunday December 11th , 2011

 

 

 

  

EVENT DETAILS:  **Please click here to see the attached Flyer for full details**

     

January 23^rd Vernon BC

The Prestige Inn

6:30pm registration 7:00pm start

January 24^th Kelowna

Hotel Eldorado

6:30pm registration 7:00pm start

January 25^th Penticton

Penticton Lakeside Resort

6:30pm registration 7:00pm start

 

Special Guest Speakers

 

Stephen Johnston 

Founder and Chief Investment Officer for AgCapita and PetroCapita

Click here to view the PetroCapita Website      

Click here to go to the AgCapita Website 

 

Stephen has been featured in many a publications such as Fortune Magazine, The Globe and Mail, The Wall Street Journal, Rolling Stone, and Canadian Business Magazine.  Stephen will be offering a look at myths versus facts on what he believes has caused the Global Recession and offers an interesting perspective to what the future may look like and how investors can potentially profit.  Don't miss this opportunity to see Stephen Johnston.

 

Go Here to see an interview featuring Stephen on BNN

http://watch.bnn.ca/#clip423744

 

Munir Virani, CA Chief Executive Officer for West Point Capital

Click Here to go to the West Point Capital Website

                                                                        

Munir is generally credited with the unique "Investor paid first" concept around which the capital management strategy of Westpoint was built.

He has served as the Director of Finance for a large national retailer where he was responsible for taxation, treasury and financial reporting of a consolidated group of companies with revenues in excess

of $1.2 billion per annum. 

 

Go Here to see an 7 minute marketing video on their Company

 

• Insure your seating today!
• Seats are free, but limited.
• Call 250.276.5424 or RSVP at samantha@agilityfinancial.ca 

 

HOSTED BY

Agility Financial                       www.agilityfinancial.ca

Twin View Financial              http://www.twinviewfinancial.ca/

and Raintree Financial Solutions       http://www.raintreesolutions.net/

 

Jan 12/12 Summerland, Penticton Okanagan BC Weekly Market Update - Raymond MAASKE - Home Star Realty

 Jan 12/12 Summerland, Penticton Okanagan BC Weekly Market Update - 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" 

 

Untitled

This home is perfect for the handyman to completely renovate this property.

Overview Maps Photos Features

$139,000 Single Family Home Main Features 3 Bedrooms 1 Bathroom Location 23-2250 Baskin Street Penticton, BC V2A 6Y3 Canada To get updates on open home dates and other property events, please click the "Like" button below:

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Raymond MAASKE Home Star Realty 250-488-8764 raymond@HomeStarRealty.ca http://www.HomeStarRealty.ca       Listed by: Raymond MAASKE

Our recent listings This home is perfect for the handyman to completely renovate this property. Bare Land Strata FOR RENT OR LEASE LIGHT INDUSTRIAL BAY IN FULTON DRIVE Summerland BC Short Term House Rental Paradise Subscribe to our listing feed

Nearby properties for sale

South Okanagan Monthly and Annual Real Estate Statistics December 2011 and Year to Date Market Review by Raymond MAASKE – Home Star Realty

South Okanagan Monthly and Annual Real Estate Statistics December 2011 and Year to Date Market Review by Raymond MAASKE – Home Star Realty

 

 

 

Osoyoos was the big winner in December with reports sales (dollar value) up 933%!  December 2010 there was only 1 sale, December 2011 10 sales.  However, for the year Osoyoos is about even on units sold but values continued to fall.

Overall, the big winner in 2011 has been Summerland giving a strong finish to 2011 with a 200% increase in the number of units sold over December 2010.  This translated into a 295% increase in dollar value of properties sold.  Summerland’s average sales price per unit dropped for the year 2%, which was greatly helped by the 32% increase for December 2011 over 2010. 

Penticton’s prices have risen 4% for the year while sales have dropped by about the same.

If some or all of this does NOT make sense feel free to contact me and I can explain what it means in other terms.  If you want to watch the video report or a copy of the full report go to:  http://www.homestarrealty.ca/MARKET_UPDATE/page_2288466.html

Have a great day and here is to a great year!

 

 

 

 

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" 

23-2250 BASKIN STREET

This home is perfect for the handyman to completely renovate this property.

Overview Maps Photos Features

$149,000 Single Family Home Main Features 3 Bedrooms 1 Bathroom Location 23-2250 Baskin Street Penticton, BC V2A 6Y3 Canada To get updates on open home dates and other property events, please click the "Like" button below:

---

Raymond MAASKE Home Star Realty 250-488-8764 raymond@HomeStarRealty.ca http://www.HomeStarRealty.ca       Listed by: Raymond MAASKE

Our recent listings Bare Land Strata FOR RENT OR LEASE LIGHT INDUSTRIAL BAY IN FULTON DRIVE Summerland BC Short Term House Rental Paradise Subscribe to our listing feed

Nearby properties for sale

December 8, 2011 Okanagan, Summerland, Penticton, Real Estate Market Update - Raymond MAASKE

This week there were 4 news sales (3 in Penticton and 1 in Summerland).  The Average list price of those that sold was $297K and the average selling price was $285K or $320 per square foot.  On the listings side, 5 new listings (4 in Penticton and 1 in Summerland).  The average list price was $642K which is higher than usual because of at $1.895K new listing on Valleyview in Penticton.

Please see the video attached ( ) here as I go into more details of what these properties consisted or and how long it took to sell.

Generally speaking, sales and listings are down BUT IT is certainly is a great time to buy!

Watch Video Update at:  

Tags:  Summerland, summerland bc, Penticton, Okanagan, real estate, realty, realtor, homes, for sale, homes for sale, Kelowna,  Lake, Wine, festival, Ogopogo, holiday, golfing, Wineries, lakefront, resorts, Retirement, condo, living, mls, mls only, flat fee, mere posting, mls for less, mls for le$$, Market update, Raymond Maaske, Flat Fee MLS®, MLS® Only, MLS® for LE$$, Mere Posting, Mere Listing, revenue, investment, commercial, industrial, developers

About Home Star Realty:

http://www.homestarrealty.ca/    or email:  Raymond@HomeStarRealty.ca     250.488.8764

Summerland, Penticton, Okanagan, BC - Real Estate and Homes for Sale - Home Star Realty - Raymond MAASKE  is the new generation of real estate company in the Okanagan Valley.   We combine the best real estate technologies with the top professional services of Okanagan realtors.  Specializing in marketing local properties we are able to give Okanagan listings maximum exposure here in the Okanagan, throughout British Columbia and across Canada.

We pride ourselves on being PROPERTY MARKETING SPECIALISTS - we use the newest & best technology to ensure your property is seen by the largest number of potential buyers. We also continue to update our website daily with updated Okanagan market reports and new listings. We are ready to help!

December 8, 2011 Okanagan, Summerland, Penticton, Real Estate Market Update 

 

 

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"