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Scott Parker Real Estate Team

Real Estate News & Blog

  • In the Loop: August 2024 Market Statistics
    Favourable Conditions Trending Towards Buyers’ Market The Vancouver Island Real Estate Board (VIREB) recorded 662 unit sales board-wide and 4,520 active listings (all property types) on the MLS® System in August 2024. In the single-family category (excluding acreage and waterfront), 333 homes sold in August, up three percent from one year ago and down eight […]
  • In The Loop: July 2024 Market Statistics
    Quiet Housing Market Closes out July The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales board-wide and 4,559 active listings (all property types) on the MLS® System in July 2024. In the single-family category (excluding acreage and waterfront), 363 homes sold in July, down 11 percent from one year ago and up one […]
  • The Nanaimo Rotary Bowl
    Discover the Vibrant Community Hub: The Nanaimo Rotary Bowl  The Nanaimo Rotary Bowl, also known as the Rotary Bowl Stadium – a versatile and dynamic multi-purpose venue that stands as a pillar of the Nanaimo community. Nestled in the heart of Nanaimo, this stadium serves as the epicenter for an array of sports and community […]
  • Exploring Vancouver Island University
    Exploring Vancouver Island University (VIU): A Beacon of Learning and Opportunity in Nanaimo  Nestled in the picturesque hub city of Nanaimo, Vancouver Island University (VIU) stands as a cornerstone of education and opportunity on Vancouver Island. As a retired university professor now part of the Scott Parker Real Estate Team, I’ve had the privilege of […]
  • In The Loop: June 2024 Market Statistics
    Waiting is the theme of VIREB’s Summer Housing Market The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales boardwide (all property types) on the MLS® System in June 2024. In the single-family category (excludingacreage and waterfront), 359 homes sold in June, down 15 percent from one year ago and 12 percent from May. Sales […]
  • The Future of the Nanaimo Real Estate Market: A Five-Year Outlook
    Historical Trends and Market Resilience When the market softens, Nanaimo tends to experience an increase in the time properties remain on the market rather than significant price declines. Homes may sit longer, and the percentage of properties that don’t sell increases.  Over the past decade, Nanaimo’s real estate market has demonstrated consistent growth and remarkable […]
  • In The Loop: May 2024 Market Statistics
    The May 2024 real estate Market Stats for Nanaimo show us that VIREB’s inventory of single-family homes rose by 46% in May, while active listings of all property types are up by 33% board-wide...
  • Nanaimo Annual Garbage Cleanup
    I recently volunteered with the Nanaimo Daybreak Rotary Club for their annual Earth Day garbage cleanup. It’s my second year attending this event, and it’s become one of my favorite volunteer activities. The inspiring people I meet there always bring great energy and a positive attitude, which lifts my spirits and makes me love contributing […]
  • In The Loop: April 2024 Market Statistics
    More Inventory Benefits Both Buyer & Sellers The Vancouver Island Real Estate Board (VIREB) recorded 741 unit sales boardwide (all property types) in April 2024. In the single-family category (excluding acreage and waterfront), 376 homes sold in April, down two percent from one year ago and up 29 percent from the previous month. Sales of […]
  • 30-Year Amortization for First-Time Buyers 
    The federal government has proposed some new housing affordability measures geared toward making the Canadian housing market more affordable for first-time buyers. Among the new measures, first-time buyers will have the option to take out a 30-year amortization on their mortgage, and the first-time Home Buyer’s Plan RRSP withdrawal amount is being increased to $60,000, […]

Scott Parker Team

  • Scott Parker Personal Real Estate Corporation
  • Ken Hammer REALTOR®
  • Myriam Cuadros REALTOR®
  • Michelle Fonseca REALTOR®

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