October 2011

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People find many different ways to celebrate holidays. How would you feel if this was your neighbour? Have a safe and enjoyable Halloween!
 


On this Saturday, October 29th and Sunday, October 30th, 2011 open houses will be held in Batchelor Heights and Brocklehurst.

1846 Grouse Crt Batchelor Heights Kamloops HouseSaturday, October 29th, 2011: 1:00-3:00: 1846 Grouse Court, Batchelor Heights, $484,900

Beautiful level entry Batchelor Heights rancher with a large, bright 1 bedroom inlaw suite with separate laundry. Hardwood flooring, and tile throughout the home. 3 bedrooms on the main floor with 2 full bathrooms, more.

Kamloops Townhouse 58-1697 Greenfield Glenwood Townhouses BrocklehurstSunday, October 30th, 2011: 1:00-3:00: 58-1697 Greenfield Avenue, Brocklehurst, $209,000

Court order sale. Centrally located Brock townhouse with 3 bedrooms, and 2 full bathrooms. Updated kitchen, bathrooms, some new vinyl windows, large storage area, private yard.

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

Townhouses Brocklehurst 58-1697 Greenfield Glenwood Court order sale. Centrally located Brock townhouse with 3 bedrooms, and 2 full bathrooms. Updated kitchen, bathrooms, some new vinyl windows, large storage area, private yard. Sold as is, where is. All offers must be subject to court approval. All offers must have a deposit equal to or greater than 5% and payable upon acceptance. Schedule A to accompany offer. Court order #45832

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

This is the latest release from the BC Real Estate Association on October 25, 2011.

As was universally anticipated, the Bank of Canada opted to hold its target overnight rate at 1 per cent this morning.  Ongoing uncertainty in the Euro-zone continues to weigh heavily on the Bank’s outlook. In its statement accompanying the interest rate decision, it was noted that the bank is now projecting a contained Euro-crisis, but also a brief recession in the Euro-area due to ongoing deleveraging and fiscal austerity. The Bank also expects continued weakness, but no recession, in the United States through the first half of 2012 before a resumption of stronger growth. Given various challenges in the global economy, the Bank of Canada trimmed its outlook for Canadian economic growth to 2.1 per cent in 2011, 1.9 per cent in 2012 and 2.9 per cent in 2013 which is in line with our own forecast. On inflation, the Bank now expects slack in the economy to persist longer than originally forecast, leading to a closing of the output gap at the end of 2013. This implies softer than expected inflation in coming quarters, with consumer price growth moderating before returning to the Bank’s 2 per cent target by the end of 2013.

Overall, this morning’s statement shows a very cautious Bank of Canada that is unlikely to make any significant movements on interest rates over the next two to three quarters. Further monetary tightening will be highly contingent on a brighter growth outlook in the United States and a credible solution to the Euro sovereign debt crisis. Therefore we expect the Bank of Canada to remain on the sidelines through the end of 2011 and the first half of 2012.

Link

This Saturday, October 22nd and Sunday, October 23, 2011 open houses will be held in the South Kamloops Downtown area.

510 Lorne St South Kamloops Condo For Sale

Saturday, October 22, 2011: 1:00-3:00: 201-510 Lorne Street, South Kamloops, $254,900

Immaculate 2 bedroom, 2 full bathroom condo in the Plaza Suites at the Station in South Kamloops. The main living area is very open and spacious. This home has recently been painted and new flooring has been installed. more

Kamloops Downtown Condo For Sale 602-629 Lansdowne Street

Sunday, October 23, 2011: 1:00-3:00: 602-629 Lansdowne Street, South Kamloops, $219,900

Great downtown condo in prime location. North East facing top floor 2 bedroom, 1 bathroom unit with open concept living. Beautiful 180 degree views of river, downtown and mountains. more

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

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