09/18/2025
🍁 Hello and Happy Fall!
As summer winds down and the leaves begin to change, it's a great time to reconnect. I hope you had a wonderful summer season filled with sunshine and fresh Okanagan fruit — what an incredible harvest this year!
We were lucky to avoid major wildfires in our area, and I’m so grateful for the quick action of our firefighters and emergency teams.
🏠 Real Estate Market Snapshot
You've likely heard a lot of mixed messages about the real estate market. Here's what’s actually happening:
• Sales have been slower, and inventory continues to rise.
• Interest rates have dropped to 2.5%, creating new opportunities for buyers.
• Markets most affected include acreages, new builds, condos, and recreational properties.
• Prices are stabilizing, and there’s still a gap between seller and buyer expectations.
If you’ve been waiting for a better time to buy — this fall might be it!
💬 Thinking About Making a Move?
Whether you're buying your first home, downsizing, or selling to upgrade — let’s connect. I’m happy to guide you through the process and answer any questions.
After 30 years in real estate, I’ve helped clients navigate every kind of market — and I’d love to help you too.
📍 Did You Know?
The highest residential sale ever recorded in the Okanagan just happened — a $17.1M lakeshore estate in Carr’s Landing, Lake Country!
No wonder buyers from across Canada (and beyond) are looking to make this valley their home.
🏘️ Top Sales Areas in the Okanagan:
1. Kelowna
2. Vernon & Area
3. The Shuswap
🍂 Wishing you a cozy and colourful fall season!
Feel free to reach out any time — I’m here to help.
Beate Schmidt
RE/MAXVernon
250 308 0850