Nanaimo and Vancouver Island News and updates

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April 2018 Market Update

As we enter the spring market we will see an increase in activity. We did see home sales drop slightly in March and April 2018, likely due to a combination of government policy changes, stricter mortgage qualification rules, and consumer uncertainty surrounding new provincial taxes. Last month, 399 single-family homes sold on the Multiple Listing Service® (MLS®) compared to 316 in February and 482 one year ago in the Vancouver Island Real Estate Board.

Vancouver Island Farmers’ Markets

Savoring produce at the peak of freshness, meeting the people who raise and grow your food, and admiring the wares of talented artisans and craftspeople; there are countless reasons for supporting our Island’s Farmers’ Markets. Listen to live music while you shop for locally made coffee, baking, jams & jellies, honey, jewellery, pottery, textiles, plants, flowers, wine, meat, and exceptional produce! At the Farmers’ Market, you’ll find an amazing array of fruits and vegetables that you don’t see in your average supermarket: red carrots, rainbows of heirloom tomatoes, purple cauliflower, green garlic, watermelon radishes, and more. Food as real as it gets—fresh from the farm, and an added bonus, these farmers, ranchers, butchers, fisherman and artisans are also passionate cooks; who better to give plenty of free advice about how to cook the foods they are selling.

二月份房产市场报告

二月份的地产销售持续上涨,根据(MLS®)加拿大地产公共房源系统公布今年二月份一共有812套住宅出售(去年二月售出947套)。而2018年一月份售出了288套独立户型住宅,二月份为316套(去年二月份售出345套)。

拍摄出售房屋前的准备工作

当你确定好要出售房子时,房屋展示是挂牌前的第一件事。为了更好的展示你物业美好的一面给买家,我们的市场推广专家会给妳一些建议关于拍摄房子前的准备工作。由于买家通常会在购房前花大部分时间在网路上阅览房子图片和资料,所以我们的专家会为你将要出售的房屋作详细的资料收集和拍摄。以下是我们给你的一些建议和准备:

2018 BC Budget Changes Explained

The news has been flooded with articles regarding the 2018 BC Budget changes and people talking about how these changes will affect Real Estate for both Buyers and Sellers. We have broken these changes down to explain how they will affect the Central Vancouver Island Real Estate Market.

December 2018 Market Report

The real estate industry is the healthiest it’s been in over 20 years— with less drama due to a more stable economy. So what’s in store as we look ahead in the year to come? We might see Millennials delaying their home purchase as a result of feeling financial pressure from student loan debt; coupled with relatively low wages, this makes it difficult to put a downpayment on a home. In higher-priced areas, many feel squeezed out of the market, unable to purchase even a so-called starter home. The 2016 market changes caught us by surprise and then the 2017 market started to balance out. There are still affordable options in Nanaimo with our average home price around $550,000, and we will see a more stabilized market in 2018.

You’ve Worked Hard and Now it’s Time to Retire!

Deciding on what kind of home is the right fit for you while you ease (or jump!) into retirement is one of the most important steps when choosing what to/where to buy next. Location, transportation, and details such as stairs, no stairs; do we want the grand-kids sleeping in the room next to us or on the other side of the house (or tenting it in the backyard…)? When it comes time to re-locate, down-size or simply to just retire happy, here are a few key factors to consider when looking for a great place to create new memories in.

Tips for Selling Your Home During the Holidays

Before you ‘Deck the Halls’, you should consider what holiday decor will help sell your home! It’s that time of year again and our social calendars can get busy with parties and events. Though it is not typically a busy time for real-estate, you can take comfort in the fact that those few brave house-hunters that do venture out over the holidays are serious about buying a house. So how do you put your home on the top of their Christmas list? Here is some great advice to put buyers in the right buying spirit…