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February 8th, 2010 
Call Steve Burk at 1-800-563-2875
Waterfront Property Specialist

RE/MAX Crest Realty
Boomers, Albertans drive white-hot demand for B.C. vacation property
From Vancouver Island to the Kootenays, unprecedented demand for recreational property has led to startling price increases and some innovative retirement concepts. “British Columbia is at the leading edge of the baby boomer bubble,” said developer David Sorenson. “We have buyers coming from across Canada and around the world.” And they are coming well-heeled, indicative of the most affluent retiree generation in history.
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Okanagan experiencing huge growth
Travel writers have called the Okanagan Valley all sorts of things, from the Napa, Florida or Hawaii of the North to Canada’s Tuscany. They sometimes seem surprised that the climate is so mild, the terrain so civilized.
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Alberta buyers driving B.C. resort demand
Recreational real estate brisk in Okanagan Valley. Alberta's strong economy is fuelling new high-priced recreational real estate projects in the Okanagan Valley and throughout B.C., say developers, marketers and realtors.
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Canadians flock to cottages despite rising prices
The number of Canadians intending to buy recreational properties went up again this summer, even as gas prices force many cottage owners to cut down on weekend getaways.
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Young professionals to drive recreational market
Tight market conditions for recreational properties are expected as current cottage owners plan to stay put and young professionals enter the market in droves, according to the a recent 2006 Recreational Property Report
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Baby boomers living large in recreational properties
Baby boomers living large in recreational property markets across Canada; Upper-end set to soar in 2007. Luxury recreational property sales are set to soar in coming months as affluent baby boomers drive demand for upscale product from coast-to-coast, according to a report released today by RE/MAX.
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Bold wines, vistas and ambitions in B.C.'s South Okanagan Valley By Tan Vinh
You can't drive past the long stretch of desert and vineyards here, or even past the lakes and beaches, without seeing a resort or a billboard promoting a resort. South Okanagan Valley, located just across the U.S. border from Central Washington, wants to be the next hot vacation destination in British Columbia — much like Whistler or Tofino. It's road map to become "The Next It" spot? Follow the blueprints of Napa Valley by piggybacking on the success of Okanagan's emerging wine industry.
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GREYING POPULATION TO SERIOUSLY BOLSTER CANADIAN RECREATIONAL PROPERTY MARKETS
The RE/MAX Recreational Property Report, which highlights activity in 40 major Canadian centres, found that older boomers are fueling unprecedented demand for recreational properties in 67 per cent (27) of markets surveyed during the first quarter of 2006. Never before have those aged 50 plus been such a strong segment of the recreational property market.
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RECREATIONAL REPORT 2006
Low interest rates and economic prosperity are the major drivers in Penticton’s thriving recreational property market. Demand remains strong in the South Okanagan, bolstered by aging baby boomers from other parts of the province and Alberta who are looking to retire in the area.
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Find Your Dream HomeFree Evaluation
Looking for an Okanogan home couldn't be easier... Register to have new Listings emailed to YOU as soon as they become available. It only takes a minute to get the jump on other buyers and can save you hours of searching online!The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
Now might be the perfect time...
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