Lynn's Nanaimo Real Estate Blog

  Nicely updated rancher with private garden     Home 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 ...

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 going aga...

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, “real estate...

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 market upward t...

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 in the fu...

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 Island ...

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.  It is not poss...

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-by-month flow ...

Nanaimo Real Estate market for the year 2014It is now early January in Nanaimo.  It’s the perfect time to have a look back at what happened in the real estate market here in Nanaimo, over the past twelve months. VIREB has calculated the Nanaimo real estate sales numbers for the year 2014.  Knowin...