Nanaimo Real Estate Blog

Buyers and sellers of homes for sale in Nanaimo frequently are in a situation where counter offers are made by one party or the other, and sometimes both. Three things can happen when a real estate purchase offer is made:

  • Seller accepts the offer as is without making changes

The Nanaimo real-estate market continues to show signs of an adjusting market according to statistics released at the end of July by the Vancouver Island Real Estate Board.  In fact, July was the first month to show a decrease…

Buying a home on one side of the country when you live on the opposite side is difficult, but it can be done with the right planning. Here are the 7 best ways to handle long-distance house hunting.

1. Choose the right real estate agent

The mortgage payment for a home listed on the Nanaimo real estate MLS is the most predictable cost of owning a home. But there’s much more to think about than just the monthly…

Buyers looking for homes for sale in Nanaimo BC have the choice of buying a new house or buying an older home. Here are some of the pros and cons to think about when deciding whether to buy new or purchase an older home in Nanaimo.

Pros to buying…

If you’ve been shopping around for a new home, you may have noticed that a lot of Nanaimo real estate listings boast about how many improvements have been done on the home. At first glance that might see like you’re getting the most for your…

Overall the Nanaimo real estate market in June 2019 was steady with a few more unit sales than in June 2018.  Even though it feels like the market is adjusting prices are still creeping up. 

The biggest change year-to-date is…

Baby Boomers are downsizing in Nanaimo

The Royal LePage Boomer Trends Survey, released this year, found that 17 per cent of Canadian baby boomers (born between 1946-1964) are planning to purchase a new home in the next five years.

They found that 1.4 million…

Many Nanaimo realtors advise that buying a lot to build on can be a good investment - if it’s done right. But it’s important to make sure your transaction goes as smoothly as possible. Here are 12 things to do and look for when buying a lot to build on…

Overall the Nanaimo real-estate market appears to have had a similar month in May 2019 as compared to May 2018 in most housing categories. There were just a few marked changes year-to-date according to the statistics released at the end of May by the Vancouver Island Real Estate Board. Numbers…

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