Kamloops Home For Sale: 685 Laurier Drive, Aberdeen, B.C. $419,900

Aberdeen Property Real Estate for SaleNicely updated Aberdeen home in great neighbourhood. Located 1/2 block to Aberdeen elementary & close to transportation. This home sits on a nice sized lot with large yard that is fully fenced & landscaped with 6 zone U/G sprinklers. There are 4 bedrooms & 3 full baths. Main floor features vaulted ceilings, stone floor-to-ceiling wood burning F/P, 3 good sized bedrooms, a 3 piece ensuite & 4 piece bath. The floor plan on the main could easily be opened up to a nice great room design. Basement features large entryway foyer, gas F/P in rec rm, a large bdrm, spacious 3 piece bath & laundry rm. There is a 2 car insulated garage, large patio for entertaining off the kitchen & Koi pond in yard. The furnace, H/W tank, paint, stove, dishwasher, washer, flooring & bathrooms have all been updated. Beautiful valley & river views from the front of the home. Flat driveway with potential for RV parking. All appliances, alarm & window coverings incl. In-law suite potential.

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Kamloops Home For Sale: 2748 Beachmount Cres, Beachmount Estates, Westsyde, B.C. $574,500

Beachmount Estates Westsyde Kamloops Property for SaleBeachmount Estates Home for Sale View WaterAmazing river and mountain views from this executive 3 bedroom home. All high end finishings including heated flooring/towel rack, heated/jetted tub, alarm, too much to list. Huge open kitchen with granite, soft close drawers, pot filler, gas cooktop and more. This is a smart home including telus optic package free for a year. Heat pump and landscaping included. basement has one finished room and roughed in for a daylight 2 bedroom suite. HST applicable.

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Tighter Regulation Trims Home Sales, BCREA

Vancouver, BC – October 15, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through the Multiple Listing Service® (MLS®) in BC declined 28.5 per cent to $2.2 billion in September compared to the same month last year. A total of 4,539 MLS® residential unit sales were recorded over the same period, down 24.3 per cent from September 2011. The average MLS® residential price was $494,213, down 5.6 per cent from a year ago.

MLS Residential Sales BC September 2012“Stricter high-ratio mortgage regulation further exacerbated a moderating trend in consumer demand,” said Cameron Muir, BCREA Chief Economist. “Reducing the maximum amortization from 30 to 25 years had the equivalent impact to affordability as a 100 basis point increase in mortgage interest rates.”

“An expanding population, strong full-time employment growth and persistent low mortgage interest rates are expected to bolster housing demand in the months ahead,” added Muir.

Year-to-date, BC residential sales dollar volume declined 18.5 per cent to $28.4 billion, compared to the same period last year. Residential unit sales declined 10.6 per cent to 54,670 units, while the average MLS® residential price was 8.9 per cent lower at $519,289.

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