Nanaimo Real Estate Blog

Buying a condo in Nanaimo can make a lot of sense if you are part of today's down sizing baby boom generation, or if you're a first-time home buyer. Condos are typically easier to care for than single-family homes, they usually cost less than a traditional house, and condominiums come with more...

Are you accidentally discouraging qualified buyers from buying your home in Nanaimo? This might sound like a silly question.  After all, you and your realtor have put a lot of time and effort into pre-listing work, getting your house on the market, and putting together a proven, effective sales...

If you're part of the current Nanaimo baby boom generation that's close to retiring, the chances are that you're also considering downsizing to a smaller, more centrally located home. Saying that you are going to downsize is one thing, but actually getting smaller is something completely...

Real Estate in Nanaimo - Absorption rates for January 2015 The latest real estate stats were released today, by the Vancouver Island Real Estate Board, for January 2015.  With help from my calculator I calculated the real estate in Nanaimo absorption rates as of the end of January 2015. The...

Real Estate in Nanaimo - Absorption rates for January 2015 

The latest real estate stats were released today, by the Vancouver Island Real Estate Board, for January 2015.  With help from my calculator I calculated the real estate in Nanaimo absorption rates as of the end of January 2015.  

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Nicely updated rancher with private gardenHome Photos Local Schools Just Listed Schedule a Showing! 1339 Gilley Crescent French Creek, BC V9P1W9 Bedrooms: 3 Bathrooms : 2 ( 2 full ) List Price: $339,900 Living Area Approx : 1340 This 1340 sq. ft.,  beautifully maintained rancher has much to...

As a local Nanaimo Realtor I make it my business to know the market.  I do several posts a month where I do in depth reviews of the state of the current real estate market in Nanaimo.  In addition to these more detailed monthly reports I thought it would be interesting to pull out a few market...

Are Baby Boomers Getting Bigger?

Last week I wrote about the unmistakable downsizing trend that baby boomers are taking, as they near retirement and downsize from their larger suburban homes to places that are more centrally located and urban.

But there are boomers in Nanaimo that are...

How’s the Nanaimo Real Estate Market as of January 2015?

Most people have heard the terms “buyer’s market” and “seller’s  market”, but do you know what they really mean and how they are determined?

The Nanaimo real estate market is cyclical – which is why you may have heard the term, “...

Are Baby Boomers Getting Smaller As They Get Older?

 

It's true that as we get older we start to shrink, but what really seems to be shrinking in the Nanaimo real estate market is the home size that baby boomers are buying.

During the 1970s boomers definitely did drive the housing...