Friday, June 20, 2025 7:47:54 PM UTC
New York-Based Marquee Realty Joins Howard Hanna Real Estate Services

Howard Hanna Real Estate Services, the largest independent real estate brokerage in the United States, has announced the acquisition of Marquee Realty, a boutique firm based in Astoria, Queens. This strategic expansion strengthens Howard Hanna’s growing footprint across the New York City metropolitan area and marks the company’s third acquisition in the region during the…

The post New York-Based Marquee Realty Joins Howard Hanna Real Estate Services appeared first on RISMedia.

More...
Cutting Out the Noise

Above, Bill Flemming  Bill Flemming CEO HomeSmart Connect Arlington Heights, Illinois https://join.homesmart.com Region served: Northern Illinois (Chicago) and Southern Wisconsin Years in real estate: 39 Number of offices: 10, with another set to open before the end of the year. Number of agents: 807 Best time-management tip: Cut out the noise and focus on what…

The post Cutting Out the Noise appeared first on RISMedia.

More...
Mortgage Mix: CFPB’s Attempted Rollback on Redlining Settlement Denied by Judge

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – The CFPB’s motion to vacate a settlement in a redlining case against Townstone Financial was denied by a Chicago federal judge, as reported by Reuters. The decision came after Trump administration officials said…

The post Mortgage Mix: CFPB’s Attempted Rollback on Redlining Settlement Denied by Judge appeared first on RISMedia.

More...
The Housing Crisis Demands Action—Here’s a Blueprint

As communities across America grapple with a housing affordability crisis, policymakers face a clear choice: Pursue proven solutions that boost supply, or let barriers to homeownership grow unchecked. The latest Policy Pulse survey from the National Association of REALTORS® (NAR) reveals what REALTORS® on the front lines already know: Practical, pro-growth housing policies will make…

The post The Housing Crisis Demands Action—Here’s a Blueprint appeared first on RISMedia.

More...
Maximizing the Power of Your MLS

The real estate industry is rapidly evolving. With increasingly complicated transactions and the growing need for brokers and agents to showcase their value, staying ahead of the competition and informed of industry change makes a winning difference.   Staying in the know  In light of the National Association of REALTORS®’ “Multiple Listing Options for Sellers” policy…

The post Maximizing the Power of Your MLS appeared first on RISMedia.

More...
RSS

Okanagan Market Update

Local Residential Real Estate Market Heading In The Right Direction

KELOWNA, B.C. – June 2nd, 2020. Residential sales across the region of Revelstoke to Peachland increased 95% totaling 446 units sold in May compared to April’s 299 unit yet remained down 42% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB).


New residential listings also saw an uptick totaling 1,198, an increase of 49% compared to last month’s new listings. Overall active listings increased 9% over April’s inventory of 3,467 yet remained 16% lower than April 2019’s
inventory of 4,490.


“While we are still in the midst of a global pandemic it is encouraging to see that residential sales are moving at an upward trajectory,” says OMREB President Kim Heizmann, adding that “we are starting to see a return to real estate activity which looks promising for the future, however we remain cautious about predicting future outcomes as many economic factors will have impacts.”


“Virtual tours and alternative technological solutions have ensured that real estate transactions can continue to transpire responsibly.”


The average number of days to sell a home increased from 83 days to 91 days. It is important to note that OMREB reports on all market statistics for the entire Board region and that the indicators will vary depending on home type and sub-region.


Whether you are a buyer or a seller, it’s always a good idea to work with a REALTOR® who will protect your interests on such a significant financial transaction.


More info on the Okanagan Mainline Real Estate Board Here

Read
Categories:   Kelowna
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.