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The Bank of Canada held its overnight rate at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that there is evidence that the global economy is stabilizing and that US recession concerns are waning, though trade conflicts remain the biggest threat to the Canadian economy.  The Bank expects modest growth in 2020 and for inflation to closely track its 2 per cent target.

With many central banks around the world lowering their policy rates,  why is the Bank of Canada holding firm? Simply, the Bank judges the potential of lower rates igniting a further accumulation of household debt as a greater risk to the Canadian economy than the risk from deteriorating global economic conditions.  Canadian policymakers have committed to bending the curve on the Canadian household debt-to-income ratio, through a combination of higher interest rates and stricter mortgage policy.


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The The hustle and bustle of summer is simmering down as the Okanagan trades in it's hot, beachy days for sweaters and pumpkin spice! The tourists are leaving, the kids are in school, and the streets have become quieter.

If you're trying to sell your home, that may sound more like a nightmare than a scenic picture of a serene city like Kelowna. Your probably thinking, Quieter? Who wants quieter? I need those people to stay here and look at my home!!!

Don't Panic! The year may be coming to an end, but your dreams of selling your home are not! In fact, well the rest of Kelowna is cooling down, the real estate market is heating up!

Let The Dion-Ivans Real Estate Team put your worries to rest with these.

Reason #1: Browsers Be Gone
Yes, it's true that the spring housing market is filled with potential buyers, however, over half these buyers may hold off on making an offer. Springtime is a convenient time to move and make home renovations, so not only does it mean more buyers, but it also means more sellers, and with more sellers comes more options, and the temptation to be extremely picky.  With more homes to choose from, they can afford to be critical of each house, and that could easily extend their search by months. However, the goal is still to find a home, and come September and October, all those serious buyers will be feeling the pressure to make their move before the added stress of the holiday season or bad weather hits. That’s where you come in my friend!

Reason #2: Less Competition, More Opportunity
Autumn home buyers not only have the stress of kids back to school, holidays coming, and bad weather, but now their options are shrinking as many sellers rush to close by September. You may be feeling the stress of closing  a sale yourself, but here is the silver lining: Now that so many other sellers have settled, you are competing in a much smaller pool, fortunately for you, that means your home is bound to stand out, and you can use this scarcity to your advantage.


Reason #3: More Pressure To Buy
If you're looking to sell your condo, we have an added bonus for you! While it's true that families are more likely to make their move in the spring, millennials, and single buyers usually splash into the pool a bit later in the year. Have a larger, family home? No worries!  To avoid higher “on season” real estate rates, many families who need to relocate for work often wait for the fall to save themselves and their employer's money. These out-of-towners usually have a stringent timeline and are more likely to settle quickly and be forgiving of maintenance issues.


Reason #4: Cheaper Renovations
As mentioned above, some buyers are in need of a home quickly, and may not be as concerned about home improvements as others, However, either way, you should probably make sure your home is in tip-top shape in order to get the best return possible. Luckily, home improvements tend to die down during the autumn months as well, which means cheaper building supplies, lawn care equipment, and contractors!

So, whether you live Downtown, Glenmore, Mission, Rutland, Black Mountain, or West Kelowna, you can now you can quit panicking and enjoy a glass of award-winning Okanagan wine knowing that you have created a smart selling tactic, and there is still plenty of time to get your home sold!

Haven't placed your home on the market yet? We've got you!

Click here to get in touch with the Dion-Ivan Real Estate team and get the process started!



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We just SOLD a property located at 1875 Country Club Drive in Kelowna.
TOP FLOOR WEST FACING CONDO AT PINNACLE POINTE!! This 2 bed, 2 bath unit has a very functional open layout with the living room separating the bedrooms. The amenities are fabulous with an OUTDOOR POOL & HOT TUB as well as a gym and conference room. The development is conveniently located within minutes to the Airport, Shopping, the University & two Championship Golf Courses! Live in year round or take advantage of the strong rental demand. Priced well below comparable units!! THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just SOLD a property located at 1325 McKenzie Road in Kelowna.
A classic Okanagan estate! Set on nearly 10 acres of its own sun soaked bench this unique offering features 2 homes with expansive lake and city views! The elegant driveway meanders towards both homes and a substantial 36 x 45 heated shop (in addition to a detached 20 x 23 garage) overlooking the valley below. The primary home offers a gourmet kitchen, a spacious floor plan with master on the main plus the quintessential Okanagan poolside patio that naturally embraces seamless indoor outdoor living so you can entertain in privacy with acres of orchards being your closest neighbor. Award winning gardens and waterscapes provide premier outdoor garden spaces that connect the homes while providing perfect privacy for extended families. The triple garage provides ample storage plus a heated shop adds further value to the manicured landscaped grounds perfect for entertaining. Located minutes from local amenities, the airport, world class skiing at Big White and the beaches of Okanagan Lake this property features a unique opportunity with unrivaled privacy. Jointly listed for sale by two different Royal Lepage Kelowna Real Estate teams for more information you can contact either- Domeij & Associates 250-717-2214 www.davedomeij.com Dion-Ivans Real Estate Group 250-575-5455 www.kelownhomefinders.ca (id:2493)
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We just listed a new property located at 218 Marigold Crescent in Kelowna.
Amazing Family Home on a Cul-De-Sac..Steps from Dr Knox Middle School and only a Short Walk to North Glenmore Elementary. The Main Floor of the Home includes Hardwood Flooring, Tons of Windows giving the home a Bright and Cheery Feel! The Kitchen has a Large Sit Up Granite Island, Stainless Appliances (Gas Range) and Beautiful Oak Cabinetry! The Kitchen overlooks the Large Living Room that also includes a Nook which is a Perfect Space for Growing Families + has all 3 Bedrooms on the Same Floor!! The Bathrooms have been Beautifully Updated as well as most of the Light Fixtures, Flooring and Window Coverings Throughout the Home. The Lower Level offers a BRIGHT 2 BEDROOM SUITE with its Own Entrance. The Suite will be sure to ImpressNew Cabinets and New Stainless Steel Appliances!! The Backyard of the Home offers lots of Greenspace, a Garden Area and a Big Beautiful Deck Overlooking the Yard. A MAJOR BONUS is the Parking. there is Tons of Parking and Parking for a Large RV. This home has the Perfect Blend for any Family Location, Floor Plan, Yard Space, Ample Parking and an Incredible Suitethe List goes on! PROUDLY MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. For more information visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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The Bank of Canada held its overnight rate at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that ongoing trade conflicts have weakened the global economic outlook, which is expected to drag Canadian economic growth below its potential in the second half of this year. The bank is further projecting that growth will register under 2 per cent over the next two years. Inflation is expected to trend at the Bank's target of 2 per cent.

With the expectation that the US Federal Reserve will be lowering its own policy rate later today, the third rate cut this year, there may be extra pressure for the Bank to begin loosening monetary policy at its next meeting.  As reflected by the Bank's statement, while current trade conflicts will test the resilience of the Canadian economy, the Bank does not as yet foresee the need for lower interest rates. However, the Bank stands ready to act if the impact of trade conflicts spreads beyond trade and investment and begin to slow consumer spending or housing activity. Thus far, the Bank appears to judge those risks as contained, which likely mean no change in interest rates this year.

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As you probably know, it's easy to lower the costs of a renovation. Just hire
an inexpensive, fly-by-night contractor — and hope for the best!
Chances are, you won't want to take that risk. So how do you ensure you get
quality work while keeping your budget in check?
Here are some tips:
• Get estimates from at least three contractors. Often prices can vary
widely, even amongst contractors with similar reputations and
experience.
• Narrow the project focus. If you're getting a bathroom renovated, for
example, decide whether you need the contractor to paint the new
walls. Can you do that yourself?
• Shop around for the building materials. Yes, contractors often have
access to wholesale prices. Still, you might be able to find a bathtub
and vanity at a lower cost or at least avoid any markup the contractor
may charge.
• Negotiate. Sometimes a contractor is willing to lower the price for
concessions, such as quick payments or more time to complete the job.
• Schedule the renovation during a low-demand season. For example,
deck contractors charge more in the spring than the fall. It's supply and
demand. More people want their decks done in the spring.
Keep in mind that spending a little more for a skilled and reputable contractor
can save you money in the long run. The renovation will have fewer, if any,
"issues" (that may require an expensive fix) and will last longer.


For more information including some recommendations of contractors,

contact The Dion-Ivans Real Estate Team!

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Please visit our Open House at 218 Marigold Crescent in Kelowna.
Open House on Sunday, October 27, 2019 1:00 PM - 4:00 PM
***OPENHOUSE SUNDAY OCT 27TH 1:00-4:00*** Amazing Family Home on a Cul-De-Sac..Steps from Dr Knox Middle School and only a Short Walk to North Glenmore Elementary. The Main Floor of the Home includes Hardwood Flooring, Tons of Windows giving the home a Bright and Cheery Feel! The Kitchen has a Large Sit Up Granite Island, Stainless Appliances (Gas Range) and Beautiful Oak Cabinetry! The Kitchen overlooks the Large Living Room that also includes a Nook which is a Perfect Space for Growing Families + has all 3 Bedrooms on the Same Floor!! The Bathrooms have been Beautifully Updated as well as most of the Light Fixtures, Flooring and Window Coverings Throughout the Home. The Lower Level offers a BRIGHT 2 BEDROOM SUITE with its Own Entrance. The Suite will be sure to ImpressNew Cabinets and New Stainless Steel Appliances!! The Backyard of the Home offers lots of Greenspace, a Garden Area and a Big Beautiful Deck Overlooking the Yard. A MAJOR BONUS is the Parking. there is Tons of Parking and Parking for a Large RV. This home has the Perfect Blend for any Family Location, Floor Plan, Yard Space, Ample Parking and an Incredible Suitethe List goes on! PROUDLY MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. For more information visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just listed a new property located at 1743 Capistrano Peaks Crescent in Kelowna.
STUNNING QUAIL RIDGE WALKOUT RANCHER WITH A HUGE 40 ft RV GARAGE!! This immaculate custom built home features a grand entrance with almost 2,300 SF on the main floor, 11 ft trayed ceilings, stone fireplace, quartz counter tops, high end Wolf/Sub Zero stainless appliances & large master bedroom with a spa like ensuite!! The lower level features 2 additional bedrooms, a large rec room with wet bar & a 450 sf MEDIA ROOM!! At the rear of the home is a 40 ft driveway leading into the 40 ft x 14'4 ft RV BAY WITH A 13 ft HIGH DOOR complete with a 30 amp RV plug that could also be used as a SHOP!! Other features include; a dual zone heat pump system, low maintenance yard, California shutters, built-in speakers, built-in vac, crown moldings and a covered deck with AIRPORT & VALLEY VIEWS! The airport, UBCO, QUAIL & BEAR CHAMPIONSHIP GOLF COURSES and the growing Airport Village amenities are only minutes away!! THIS PROPERTY IS LISTED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just SOLD a property located at 480 McPhee Street in Kelowna.
COMPLETELY REBUILT HOME OVERLOOKING BEN LEE PARK WITH A FULLY CONTAINED IN LAW SUITE. The Main Floor of the Home features a Trendy Kitchen Two Tone Kitchen Cabinets w/ Soft Close Doors, Stainless Appliances, a MASSIVE Fridge/Freezer, Gas Range and a Large Island. The Kitchen is Great for Entertaining as it Flows Perfectly into the Living Room which has a Vaulted Ceiling + Large Windows making the Home Bright and Inviting. There are 2 Bedrooms UpThe Master Bedroom has its own Private Deck + an Amazing 3 Pce Ensuite which includes a Beautiful Tiled Shower. The Main Floor of the Home also has a HUGE Deck made for relaxing or for taking in the Views of the Vibrant Ben Lee Park! The Lower Level of the Home has a Spacious Family Room w/ Gas Fireplace, Third Bedroom, and Fully Contained In-Law Suite w/ Separate Laundry and its own Private Patio. The Front yard of the Home has Low Maintenance Landscaping & offers a Generous Spot for Parking your RV. The Backyard has lots of Green Space, a Fruit Tree and even a Garden Area! PROUDLY MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. For more information visit WWW.KELOWNAHOMEFINDERS.CA (id:2493)
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We just listed a new property located at 218 Marigold Crescent in Kelowna.
Amazing Family Home on a Cul-De-Sac..Steps from Dr Knox Middle School and only a Short Walk to North Glenmore Elementary. The Main Floor of the Home includes Hardwood Flooring, Tons of Windows giving the home a Bright and Cheery Feel! The Kitchen has a Large Sit Up Granite Island, Stainless Appliances (Gas Range) and Beautiful Oak Cabinetry! The Kitchen overlooks the Large Living Room that also includes a Nook which is a Perfect Space for Growing Families + has all 3 Bedrooms on the Same Floor!! The Bathrooms have been Beautifully Updated as well as most of the Light Fixtures, Flooring and Window Coverings Throughout the Home. The Lower Level offers a BRIGHT 2 BEDROOM SUITE with its Own Entrance. The Suite will be sure to ImpressNew Cabinets and New Stainless Steel Appliances!! The Backyard of the Home offers lots of Greenspace, a Garden Area and a Big Beautiful Deck Overlooking the Yard. A MAJOR BONUS is the Parking. there is Tons of Parking and Parking for a Large RV. This home has the Perfect Blend for any Family Location, Floor Plan, Yard Space, Ample Parking and an Incredible Suitethe List goes on! PROUDLY MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. For more information visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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Please visit our Open House at 373 Valley Road North in Kelowna.
Open House on Saturday, October 12, 2019 11:00 AM - 1:00 PM
NORTH GLENMORE RANCHER SITUATED ON .28 OF AN ACRE!! This no step rancher features 3 bedrooms, an open concept living room, vaulted ceilings, updated windows and a brand new gas heating/cooling unit & hot water tank. There is TONS OF RV PARKING for all your toys & vehicles with access the HUGE PRIVATE YARD!! This home shows well...it would be perfect for someone looking to downsize or first time home buyers looking to get into the market! THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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Please visit our Open House at 430 McCarren Avenue in Kelowna.
Open House on Saturday, October 12, 2019 2:00 PM - 4:00 PM
2 STORY HOME IN THE AWARD WINNING COMMUNITY OF KETTLE VALLEY!! This cute family home features; hardwood floors, updated stainless appliances including a Viking Gas Range, new corian counter tops, a tile back splash, a new furnace & AC!! The main floor floor has a front sitting room that could be used as a office/den as well as an open concept kitchen/living room with a gas fireplace that leads out to the LARGE WEST FACING COVERED DECK!! Upstairs there are 3 bedrooms including the large master with a 3PC ensuite!! The lower level has a rec room/media room with access to the DOUBLE GARAGE & is roughed in for an additional bathroom!! The location is stellar - walking distance to Chute Lake Elementary School, soccer fields, large playground, hiking trails, coffee shop, convenience & liquor store, daycare and much more. THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just listed a new property located at 373 Valley Road North in Kelowna.
NORTH GLENMORE RANCHER SITUATED ON .28 OF AN ACRE!! This no step rancher features 3 bedrooms, an open concept living room, vaulted ceilings, updated windows and a brand new gas heating/cooling unit & hot water tank. There is TONS OF RV PARKING for all your toys & vehicles with access the HUGE PRIVATE YARD!! This home shows well...it would be perfect for someone looking to downsize or first time home buyers looking to get into the market! THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just SOLD a property located at 2315-2317 Brentwood Road in Kelowna.
Very Rare Black Mountain Offering HOUSE W/ CARRIAGE HOME + LARGE HEATED SHOP!! The Main Home has 2 Bedrooms UpThe Master bedroom is Generous in Size & has a 3 Pce Ensuite. The Kitchen has been Updated w/ Tile Backsplash, Newer Cabinets, Stainless Steel Appliances and a Sit Up Bar. Off the Dining Area is a MASSIVE COVERED DECK (17 x 24) to Relax and Enjoy the Okanagan Lifestyle! The Lower Level of the Home has a Large Family Room w/ Wood Stove, 2 more Bedrooms, Den + Laundry Room. At the Back of the Property is the CARRIAGE HOUSE + SHOP!! The Carriage Home has Polished Concrete Floors, Laundry Hook Up, a Beautiful Tiled Shower and offers Open Concept Style Living! Below the Carriage Home is the Large Heated Shop (40 x 25) and is even Plumbed for Bathroom. Between the 2 Homes is Green Space + Lots of Parking for Everyone. A Property Package like this is Very Rare - Offering a Beautiful Home, Shop + Carriage Home. PROUDLY MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. For more information visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just SOLD a property located at 3120 Harold Road in West Kelowna.
GREAT VIEWS FROM THIS SMITH CREEK WALK-OUT RANCHER!! This 5 bed, 3 bath home features; a HUGE TRIPLE GARAGE, hardwood floors, vaulted ceilings, a formal dining room with an open concept living room that leads out to the PARTIALLY COVERED DECK spanning the length of the house. Enjoy your morning coffee while taking in the SPECTACULAR VIEWS OF AGRICULTURAL LAND AND OKANAGAN LAKE!! The walk out basement has a large rec room which is roughed in for a wet bar as well as 3 bedrooms, one with a separate entrance making it perfect for a home office. This unique corner lot offers a TON OF PRIVACY, plus lots of room for your RV & BOAT!! THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just listed a new property located at 2315-2317 Brentwood Road in Kelowna.
Very Rare Black Mountain Offering HOUSE W/ CARRIAGE HOME + LARGE HEATED SHOP!! The Main Home has 2 Bedrooms UpThe Master bedroom is Generous in Size & has a 3 Pce Ensuite. The Kitchen has been Updated w/ Tile Backsplash, Newer Cabinets, Stainless Steel Appliances and a Sit Up Bar. Off the Dining Area is a MASSIVE COVERED DECK (17 x 24) to Relax and Enjoy the Okanagan Lifestyle! The Lower Level of the Home has a Large Family Room w/ Wood Stove, 2 more Bedrooms, Den + Laundry Room. At the Back of the Property is the CARRIAGE HOUSE + SHOP!! The Carriage Home has Polished Concrete Floors, Laundry Hook Up, a Beautiful Tiled Shower and offers Open Concept Style Living! Below the Carriage Home is the Large Heated Shop (40 x 25) and is even Plumbed for Bathroom. Between the 2 Homes is Green Space + Lots of Parking for Everyone. A Property Package like this is Very Rare - Offering a Beautiful Home, Shop + Carriage Home. PROUDLY MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. For more information visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just listed a new property located at 6716 La Palma Loop in Kelowna.
STUNNING COTTAGE AT LA CASA RESORT!! This 3 bed, 2 bath unit features an open concept main floor with access to the large front deck with partial lake views as well as the rear deck providing options for entertaining or just relaxing in the Okanagan sun!! The 31 x 21'6 garage has TONS of space for vehicles, boats, seadoos or just extra storage. This turn key cottage comes FULLY FURNISHED & ready for year round living, summer use or as a rental with tons of income potential! There are no shortage of activities at La Casa - mini golf, volleyball, tennis, pools, hot tubs, playground, the beach & the marina are all available for your enjoyment!! THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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Please visit our Open House at 373 Valley Road North in Kelowna.
Open House on Saturday, September 7, 2019 1:00 PM - 4:00 PM
NORTH GLENMORE RANCHER SITUATED ON .28 OF AN ACRE!! This no step rancher features 3 bedrooms, an open concept living room, vaulted ceilings, updated windows and a brand new gas heating/cooling unit & hot water tank. There is TONS OF RV PARKING for all your toys & vehicles with access the HUGE PRIVATE YARD!! This home shows well...it would be perfect for someone looking to downsize or first time home buyers looking to get into the market! THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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Please visit our Open House at 430 McCarren Avenue in Kelowna.
Open House on Sunday, September 8, 2019 1:00 PM - 4:00 PM
2 STORY HOME IN THE AWARD WINNING COMMUNITY OF KETTLE VALLEY!! This cute family home features; hardwood floors, updated stainless appliances including a Viking Gas Range, new corian counter tops, a tile back splash, a new furnace & AC!! The main floor floor has a front sitting room that could be used as a office/den as well as an open concept kitchen/living room with a gas fireplace that leads out to the LARGE WEST FACING COVERED DECK!! Upstairs there are 3 bedrooms including the large master with a 3PC ensuite!! The lower level has a rec room/media room with access to the DOUBLE GARAGE & is roughed in for an additional bathroom!! The location is stellar - walking distance to Chute Lake Elementary School, soccer fields, large playground, hiking trails, coffee shop, convenience & liquor store, daycare and much more. THIS PROPERTY IS MARKETED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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Featured Listings

Mug Rob Mug Lee

ROB DION, BBA
Personal Real Estate Corporation
Cell: 1 (250) 575-5255
robdion@royallepage.ca

The Dion-Ivans Real Estate Team

ROYAL LaPAGE - KELOWNA

LEE IVANS, BBA
Personal Real Estate Corporation
Cell: 1 (250) 575-5455 leeivans@royallepage.ca
  • Diamond Award
  • President's Gold Award
  • Sales Achievement Award
  • Master Sales Award
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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