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NEW LISTING
We just listed a new property located at 800 Toovey Road in Kelowna.
STUNNING VIEWS FROM THIS UPDATED HOME!! This 4 bed + den home features an open concept main floor with a huge kitchen making it perfect for entertaining! There are 3 bedrooms on the main floor as well as a large deck to take in the great VIEWS!! The lower level of the home has a 1 bed +den SUITE with a large family room. Updates include, furnace, AC, flooring & paint. (id:2493)
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When you think about selling your property, do you dwell on the possible work and stress involved? You're not alone. Many homeowners share the same concerns. But it doesn't have to be that way. In fact, there are plenty of ways to add some fun, anticipation, and even a sense of adventure to the selling process.


Here are just a few ideas:


1. Plan fun things to do when your home is being shown. That can include walks, sports activities, or trying something you and your family have never done before.


2. Declutter for your own benefit. Instead of thinking about decluttering as a chore required for the sale, focus instead on how much more comfortable your home will be after decluttering. Studies consistently show that less clutter reduces stress and increases a sense of wellbeing.


3. Get everyone in your home anticipating the move in a positive way. Put pictures of your next home, including neighbourhood shots, on the fridge door. Sit together on the computer and explore your new neighbourhood's features and amenities.


4. Celebrate milestones in the selling process. For example, when you're finished preparing your property for sale, go out to celebrate. Make a checklist of milestones and how you'll celebrate each one.


5. Get the help you need. A big part of the stress of selling is the anticipated work involved. Remember, you don't have to do it all yourself. Much of what needs to be done can be handled by contractors and other professionals. There are many other ways to make selling your home a positive and turbulentfree experience.


Give me a call if you'd like more ideas and suggestions.

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The Bank of Canada maintained its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank reiterated what it calls "extraordinary forward guidance" in committing to leaving the overnight rate at 0.25 per cent until slack in the economy is absorbed and inflation sustainably returns to its 2 per cent target. The  Bank projects that will not occur until 2023. The Bank is also continuing its quantitative easing (QE) program, purchasing at least $4 billion of Government of Canada bonds per week. In the statement accompanying the decision, the Bank noted that the economic recovery has been interrupted by the second wave of COVID-19, but the arrival of effective vaccines has boosted the medium-term outlook for economic growth.  The Bank expects the Canadian economy will grow 4 per cent in 2021 and 5 per cent in 2022.

The restrictions in place to mitigate the impact of the second wave of COVID-19 mean that the economy is likely going to get off to a slow start in 2021.  However, as vaccinations accelerate in coming months, the Canadian economic recovery will gain steam in the second half of 2021. Depending on the strength of the recovery, we may see the Bank taper its purchases of government bonds in 2022, which could put moderate upward pressure on 5-year fixed mortgage rates. However, that still means the current extremely low interest rate environment will be around for quite some time.
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