Tuesday, February 18, 2025 8:09:47 PM UTC
HGRF Donates Over $100,000 to 52 Hudson Valley Charities and Non-Profits in 2024

Top, members of the Hudson Gateway REALTOR® Foundation present a donation check to 914 Cares. Bottom, Carol McCann, far right, Orange County, New York regional director, presents a donation check to members of the Wallkill Boys & Girls Club. The Hudson Gateway REALTOR® Foundation (HGRF), the charitable arm of the Hudson Gateway Association of REALTORS®,…

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How Dual-Licensing in Real Estate and Mortgage Services Can Boost Agents’ Earnings by Almost 50%

When building an e-commerce shop, you don’t waste time creating payment rails—you turn to Shopify, which has already built that infrastructure. This allows you to focus on what makes your brand unique. Realfinity is bringing this same approach to real estate professionals, providing the infrastructure for agents looking to seamlessly offer mortgage services. Embedded finance:…

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Final Offer Acquires Private Collection

Final Offer—the leading offer, negotiation and collaboration platform for residential real estate—has announced the acquisition of Private Collection, a source of listing information for off-market properties. The addition of Private Collection expands on Final Offer’s recent launch of Exclusive Listings.  Private Collection stated it has a nearly 100% adoption of active agents and total sales…

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Inside Real Estate Launches Vitals Performance Dashboard

Inside Real Estate has announced the release of its Vitals Dashboard, which centralizes performance data into a streamlined, user-friendly format, delivering daily stats, trends, and detailed comparisons that allow users to quickly gauge key metrics, track progress and make informed decisions from one interface. “Agents and brokers often struggle not just with juggling multiple tools,…

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Homebuilder Confidence Takes Hit; Expectations for Next Six Months Plummet

Builder sentiment took a significant reduction in February, declining by five index points over tariff, building cost and mortgage rate concerns, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The index, measured on a zero to 100 spectrum, with anything higher than 50 indicating a majority of homebuilders are…

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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

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Categories:   Kelowna
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