Blog

Spring Break is almost over but there’s another long weekend left before going back to school that little and big kids get excited for, Easter weekend! If you don’t have any plans and are looking for adventures to be had around the Island, read-on!

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.

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.

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.

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…

The new school year is upon us, and getting organized can feel like an overwhelming task. We put together a list of helpful ways to start getting organized, and hopefully stay that way!

The market remains strong with only a modest inventory increase, and a slight raise in interest rates. In June, 621 single-family properties sold on the Multiple Listing Service® (MLS®) system compared to 712 last June, a decrease of 13 per cent…