November 2022 Real Estate Market Stats

November 2022 Real Estate Market Stats

CONTINUING INVENTORY GAIN POSITIVE SIGN FOR NEW YEAR The Nanaimo Real Estate Market Stats for November 2022 are out! They show us that 244 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area. This is a 30% decrease from a year ago in 2021, and down 2% from October 2022. Erica Kavanaugh, […]

Canadian Mortgage and Housing Corporation Changes

Canadian Mortgage and Housing Corporation Changes

The Canadian Mortgage and Housing Corporation (CMHC) is changing the coverage criteria for insured mortgages for some Canadian home buyers as a response to COVID-19. The current global pandemic has outlined a variety of financial insecurities of many countries, including Canada. Among these insecurities are the housing market and current mortgage structures. The new rules […]

A Million Reasons Why

A Million Reasons Why

RE/MAX of Nanaimo and REALTORS® have donated over 1 million dollars to BC Children’s Hospital Foundation. We make regular donations to Children’s Miracle Network Hospitals® (CMN), which in turn supports our local BC Children’s Hospital after each residential and commercial transaction. I’m proud to be part of the REALTORS® from the RE/MAX of Nanaimo office […]