THE www.keremeosreview.com PM Agreement #40012521
Review Vol.16 Number 33
Thursday, August 14, 2014
Serving the communities of Keremeos, Cawston, Okanagan Falls and Kaleden
$1.15 including GST
A HEDLEY TALE
Commuting to Hedley from Nickle Plate on a broom and a prayer See page 5
MAGIC ACT RETURNS
Photo by Steve Arstad
Leif David returns to the library See page 9
BIKE PATROL BEGINNINGS
Keremeos resident Bev Caswell (second from left) took visiting members of her family to the Similkameen River for a cooling swim last Wednesday, August 6. The water was reportedly cool, but refreshing. Last week’s hot weather presented residents with a great opportunity to go for a swim or lazy afternoon tube in the Similkameen.
Local real estate market showing vigour Real estate sales nearly double for same period last year as local market follows provincial trend By Steve Arstad news@keremeosreview.com
Officer organizing bike patrol for Keremeos See page 3
Provincial real estate markets appear to be picking up, including local markets in the South Okanagan Similkameen. For the first time in five years, Multiple Listing Service residential sales are exceed-
ing the 80,000 threshold. MLS residential sales are forecast to increase a further four per cent in 2015. Market conditions are generally considered to be on a much stronger footing now than at the start of the year. Home sales rose sharply in the second quarter and some of the strongest gains in unit sales this year are expected in the Okanagan and Kootenay regions. “The Similkameen market is picking up, not to say prices are,” reported Keremeos realtor Tuesday McDonald of Royal LePage Locations West Realty in Keremeos.
Markets Change. Are You Prepared?
Brian Pawluk CFP Financial Advisor 6235 Main St., Oliver 250-485-0005 1-888-314-1131 brian.pawluk@edwardjones.com
When you stop and look back at what’s happened in the markets, it’s easy to realize how quickly things can change. That’s why we should schedule some time to discuss how the market can impact your financial goals. We can also conduct a free portfolio review to help you decide if you should make changes to your investments and talk about opportunities to be had.
www.edwardjones.com
Member - Canadian Investor Protection Fund
“More people are buying, prices are good but they aren’t rising.” McDonald said where not too long ago there were no buyers, she’s now seeing “more action” in the market. “Prices aren’t inflated, actually prices are good,” she said, “there are more sold signs out there, that’s for sure.” In the local (Keremeos - Cawston and Olalla market, there have been 64 listings sold from January 1 to August 11 of the year, compared to 36 units sold during the same period last year. There are presently 135 active listings in the area.
Call Matthew or Brian today! We accept non-profit associations.
MAKING SENSE OF INVESTING
Matthew R. Tolley Financial Advisor #3-9150 Main St., Osoyoos 250-495-7255 1-877-742-4007
matthew.tolley@edwardjones.com