Nanaimo Real Estate Blog

November Nanaimo  real estate market report

The sales stats at the end of November 2018 have changed significantly as compared to November 2017. The market is experiencing a shift, for sure. Looking at the single-family, condo & townhouse sales numbers as at Dec. 1, 2018 we are firmly in a balanced market as compared to a seller’s...

In the North Nanaimo area, one of the largest condo complexes is Longwood.

 

Longwood is made up of six buildings including: Ambleside built in 1997, Carisbrooke built in 1998, Stonecroft built in...

Interesting numbers for October 2018.  The market feels like its shifting and slowing however the stats that have come in for October 2018 show that we dipped back into a seller’s market in October for single family homes.

A seller’s market refers to a situation in which the seller calls...

The majority of Nanaimo real estate agents make their living helping people to buy and sell homes that they will live in.  But there’s a big difference between buying a home of your own and purchasing investment property in Nanaimo.

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Home staging is a great way to set your home apart from the other Nanaimo homes for sale.

The good news is that there are quite a few things you can do yourself to make your home look like it was professionally staged.

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Nanaimo real estate agents always love taking their buyers to a home that’s been newly improved.

That’s because it’s always easier to sell a house that has been updated.  Prospective buyers aren’t faced with the task of remodeling. ...

It’s an exciting time when you finally find the perfect home to purchase for yourself or your family.  It could be that you love everything about it including the fact that it fits your price range.  The only problem is that it needs some improvements or upgrades. ...

This time of the year there are quite a few homes for sale in Nanaimo. 

Having a variety of homes to choose from is a good thing if you’re a buyer.  But it’s not so good if you’re trying to sell your home. 

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Real Estate in Nanaimo - Absorption rates as of September 30, 2018

We are two thirds of the way through 2018 and the Nanaimo real estate market is softening.

Several key factors have impacted the market including the new mortgage requirements and the recently introduced stress test...

The Nanaimo real estate market is adjusting.  The good news is that the numbers appear to reflect that we are experiencing a balanced market.  A balanced market is a much more comfortable market for buyer’s than the seller’s market we have been experiencing over the past three years. Lower...