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Cherry Creek Beaton Rd 04 300x225 Neighbourhood Profile: Cherry Creek, Kamloops, B.C. Real EstateCherry Creek is located approximately 15 minutes west of the Kamloops city centre. Cherry Creek is the area near the intersection of the Coquihalla highway and the #1 highway and reaches as far as Savona and Tobiano. Cherry Creek consists mainly of homes on small to large acreages. There is also one mobile home park in the area.

Cherry Creek is also the home of the New Gold (New Afton) mine located minutes off of the Coquihalla Highway on the Trans Canada Highway #1. Homes and properties are not very close to New Gold therefore the mine does not pose any problems for the residents.

Shopping

The closest major shopping is a 10-15 minute drive from Cherry Creek. Costco, Superstore, Save on Foods, Safeway, Aberdeen Mall, Rona, many restaurants and specialty shops are within this short drive. Cherry Creek also has a small gas station/convenience store on the Trans Canada Highway.

Schools

Students are required to take a bus to school from Cherry Creek. Elementary students attend Dufferin Elementary School and Highschool students attend either Sahali Secondary or South Kamloops Secondary. Click here to view the School District 73 website.

Recreation

Cherry Creek is very close to many recreational activities. Tobiano, a large and very popular golf course is within 10 to 15 minutes of Cherry Creek. There are also many city amenities close by such as the Tournament Capital Centre which features a public pool, gymnastics centre, work out facility and much more. There is also many opportunities for outdoor activities in the Cherry Creek area such as snowshoeing, hiking, dirt biking, boating (on Kamloops Lake) and more .

To view homes for sale in Cherry Creek click here.

From the Vancouver Sun.

The mortgage-rate fuelled bounce back of British Columbia real estate in 2009 has probably used up most of the market’s growth for 2010 and 2011, according to a new estimate from the B.C. Real Estate Association.

Association chief economist Cameron Muir is forecasting province-wide sales in 2010 to increase only three per cent above the hot 2009 results to 90,100 sales in 2010, then slip back three per cent to 87,500 units in 2011.

The provincial average price, Muir is forecasting, will advance five per cent to $490,900 in 2010 then eke out just one-per-cent growth to $494,800 in 2011.

Muir characterized his forecast as 2009 ending with a “gold medal finish, [which] will give way to a silver medal performance in 2010.”

“Affordability is the biggest factor over the longer term,” Muir added in an interview, “because home prices in markets such as Victoria and Vancouver are trending on record levels, and mortgage rates are likely to edge higher at the end of this year and through 2011.

“That’s going to increase the carrying cost of housing, and by extension, overall housing demand.”

Home carrying costs, the monthly mortgage payment, taxes and other fees, saw a dramatic trim during the downturn that lasted through the last half of 2008 and first part of 2009, but Muir noted that that advantage is rapidly disappearing.

In his forecast, Muir estimates that the markets that roared back the most in 2009 — Metro Vancouver, the Fraser Valley and Victoria — will be among those with the most muted results in 2010 and 2011.

Link

A Toxic Waste Incinerator in Kamloops? No Thanks!

The Issue:  The Aboriginal Cogeneration Corporation has applied to the BC Ministry of Environment for an air emissions permit for its proposed incinerator to burn CP Rail’s creosote ties. ACC wants Kamloops city council to allow it to dump incinerator ash and waste water in our landfill and sewage lagoons. Kamloops is a city of 85,000 people situated beside an important salmon river. It makes no sense to allow a company with no track record to pilot-test a toxic waste burning facility in our community.

What to do: If you are concerned about this issue, please write to Rick Adams at the Kamloops Ministry of Environment and to Kamloops City Council, and support Save Kamloops events. To find out more about what’s going on, please go to www.savekamloops.ca or email moc.liamgnull@spoolmakevas.

Health and environmental concerns:

  • The Canadian government is concerned about creosote-treated wood products
  • The Canadian government has added creosote-impregnated waste materials to its Priority Substances List

The substance creosote-impregnated waste materials (CIWM) was added to the Priority Substances List under CEPA because of concerns about the potential for environmental contamination from waste materials.

  • Creosote contains harmful chemical compounds.

Creosote is a complex and variable mixture produced from coal that is made up of more than 300 compounds. There are five major classes of compounds in creosote:

  • Aromatic Hydrocarbons including PAHs, alkylated PAHs, benzene, toluene, and xylene (PAHs can constitute up to 90% of creosote);
  • Phenolics including phenols, cresols, xylenols, and naphthols (1 to 3% of creosote);
  • Nitrogen-containing Heterocycles including pyridines, quinolines, acridines, indolines, carbazoles (1 to 3% of creosote);
  • Sulphur-containing Heterocycles including benzothiophenes (1 to 3% of creosote); and
  • Oxygen-containing Heterocycles including dibenzofurans (5 to 7.5% of creosote) (U.S. EPA, 1987).
  • “Pure” creosote is denser than water. For some wood preservation uses, creosote is mixed 1:1 with fuel oil.

To read more : www.savekamloops.ca

Sign the petition at: www.thepetitionsite.com

question mark What Are Your Predictions For The Kamloops Real Estate Market?There are always preditions about the direction of Kamloops real estate market. I have heard lately that we have hit the bottom and also that the bottom is far from sight. My clients all have very differing views about the market and what direction it will go in. I am interested to hear about what you think? What are your opinions and predictions?

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