Historic B&B's Are A Dream Come True For A Working Retirement

For some people, the thought of retirement conjures images of lazy days spent lounging around the house with nothing to do. But for others, the idea of a retirement full of endless leisure time is simply unappealing. Owning and operating a historic bed and breakfast can be the perfect solution if you want to stay active and engaged during your retirement years.

Not only will you get to stay busy and interact with people from all over the world, but you'll also get to live in and care for a beautiful historic home. And who knows, you might even make lifelong friends along the way.

If you're thinking about making a historic bed and breakfast your retirement dream, here are a few things…

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The market stats for the Kamloops area slid in July down to pre-pandemic levels. This isn't necessarily a bad thing, as 2019 was a pretty good market for buying and selling real estate. The total number of residential unit sales was down 33.3% over July of 2021 (the peak). This is a large decrease, but there are a number of factors to consider leading to the drop.  

Mortgage rates have jumped up and lenders are struggling to process mortgages like they were 6 months ago, summer months are typically slower times of year for sales across all markets in BC and more people are trying to get out and have a vacation so all of these factors are definitely leading to a drop in sales activity.

We are shifting to a more balanced, if not "Buyer"…

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