Nanaimo Real Estate Blog

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...

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...

February Fun In Nanaimo

 

Winter sailing in Nanaimo? Who would have thought!  But that's exactly what the Nanaimo Yacht Club is up to as they head into their Winter Racing Series.  Even if you're not a member of the Club and don't have a rating, if you have a sailboat you can still join...

The state of the Nanaimo real estate market is always of interest to homeowners, sellers and buyers alike.

Now that we are in January 2015, I thought it would be a good idea to see just how active the market was last year.  After reviewing 2014 real estate stats, supplied by the Vancouver...

Carriage homes in Nanaimo: What do I need to know?

 

In Nanaimo, the City Council adopted a Bylaw Amendment in 2008 which permits secondary suites referred to as “ Carriage Homes”.  

A Carriage home is intended for rental purposes or as independent living space for family members...

The best month to sell your Nanaimo home

Last year I prepared a graph showing which months were the best home selling months in Nanaimo. 

Now that we are in January I thought it would be a great time to prepare a new graph using the 2014 sales figures.

The chart below shows a month...