Nanaimo Homes Aren't Selling | 5 factors

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  • Опубліковано 2 січ 2025

КОМЕНТАРІ • 58

  • @tarakalkman6121
    @tarakalkman6121 Місяць тому +1

    Watching from Nova Scotia and dreaming of living the island life. We love your videos!

    • @Nanaimore
      @Nanaimore  Місяць тому

      I’m so happy you enjoy them! Thank you for watching and commenting. I hope you visit soon ❤️

  • @ericschrittwieser9901
    @ericschrittwieser9901 2 місяці тому +1

    Glad to see you back making Videos, after a few months : = ) watching this Video from Kapellen in Austria

    • @Nanaimore
      @Nanaimore  2 місяці тому +1

      Thank you. Slight delay last week and this week as my home has bought the plague. Ron more to come soon. Thanks so much for watching it commenting ❤

  • @andrewsheedy4201
    @andrewsheedy4201 2 місяці тому +1

    Great video, very informative!

    • @Nanaimore
      @Nanaimore  2 місяці тому

      That means the world to me, coming from someone with your credentials. Thank you for watching and commenting, Andrew!

  • @LindenEmerson
    @LindenEmerson 2 місяці тому +1

    I'm always watching from Taiwan. I find your videos really helpful and you present yourself in a very personable manner. I'm originally from Winnipeg, but grew up in West Vancouver. I'm aiming to relocate my family from Taiwan to Nanaimo in 2026. Thanks again for putting out these videos.

    • @Nanaimore
      @Nanaimore  2 місяці тому +1

      Wow! All the way to Taiwan! We will be here waiting for you when you’re ready. If you ever had any requests for videos, please let me know. Thanks for watching and commenting.

  • @brenda8369
    @brenda8369 2 місяці тому +2

    Good information, thanks. Watching from Akumal, Mexico and looking forward to coming home to Canada one of these days.🤞

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@brenda8369 Amazing! Thanks for commenting and watching. We’ll be here waiting for you when you return ❤️

    • @rostyslavkozhushko5841
      @rostyslavkozhushko5841 19 днів тому

      I would not recommend in nearest future:(

  • @Islandwaterjet
    @Islandwaterjet 2 місяці тому +6

    Future video idea: The Homeowner Protection Office and how they specifically do not allow owner builders from building rental housing, the written 100 question exam we are forced to write, the $425 fee we are forced to pay, etc.
    HPO is another big reason why we have a housing shortage.
    It was a 3 year fight with RDN and it cost me $60K in red tape just for the paperwork for my small 1000sqft single story. The total cost of red tape will exceed $100K by the time we have occupancy, this exceeds the cost of the materials. I will say that again - the cost of red tape exceeds the cost of the build materials.

    • @Nanaimore
      @Nanaimore  2 місяці тому +2

      I’ve had a script that I’ve been working on for a while in regards to this. The only thing that stopping from making it is the new regulations that allow single-family homes to be subdivided into multifamily complexes. Truly, this is a complex topic that needs a lot of research. But I’ll do my best to have something else this winter the ridiculous process.

  • @dawnmattinson1945
    @dawnmattinson1945 2 місяці тому +5

    Great video, watching from Midland, Ontario. Hoping to retire, sell home here and move to the island late summer/early fall next year :)

    • @Nanaimore
      @Nanaimore  2 місяці тому +1

      You’ll see a video soon about how beautiful Fall is here on the island. A little preview for your upcoming adventure. Thanks for watching and commenting ❤️

  • @barryuttley1164
    @barryuttley1164 2 місяці тому +1

    Great videos
    We are newly retired from London Ontario

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@barryuttley1164 happy to have you here! Thanks for watching and commenting, Barry!

  • @andregraymortgage
    @andregraymortgage 2 місяці тому +3

    currently been in Nanaimo for the past 2 months. spot on with your review

    • @Nanaimore
      @Nanaimore  2 місяці тому

      Happy to have you here. Thanks so much for watching and commenting.

  • @TheParadigmShiftTV
    @TheParadigmShiftTV 2 місяці тому +1

    Just in the middle of completing my first purchase of a house in Nanaimo in the Hammond Bay area. Looking forward to that island life soon. I have definitely noticed the same properties popping up again and again in my search.

    • @ubiquitousLeees
      @ubiquitousLeees 2 місяці тому

      Welcome to the neighborhood after you close! 🖤

  • @kelvinwesterman7725
    @kelvinwesterman7725 2 місяці тому +2

    watching in Fraser lake B.C

    • @Nanaimore
      @Nanaimore  2 місяці тому

      I feel embarrassed to say that I had to look that up!

    • @kelvinwesterman7725
      @kelvinwesterman7725 2 місяці тому +1

      @@Nanaimore it is a really small place usually have to tell people it,s 150k west of Prince george

    • @kelvinwesterman7725
      @kelvinwesterman7725 2 місяці тому

      @@Nanaimore it is a really small place usually have to tell people it,s 150k west of Prince george

  • @stevietalk1
    @stevietalk1 2 місяці тому +1

    Homes in neighbourhood where I live don’t come up for sale often & are snapped up at increased pr. when they do. (Departure Bay … top of Barrington, in Rock City area)

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@stevietalk1 I love that area. A home just sold over on Elworthy Place and I thought it was an excellent home.

  • @mikehay9204
    @mikehay9204 2 місяці тому

    Great video, Nanaimo is an amazing city. We paint homes and do mold remediation to help Nanaimo sellers get showing ready 😊

  • @ubiquitousLeees
    @ubiquitousLeees 2 місяці тому

    Another thoughtful and informative video. Thanks for your hard work, Scott!

  • @jobansran8745
    @jobansran8745 2 місяці тому

    Watching from Surrey BC

  • @yurkshirelad
    @yurkshirelad 2 місяці тому +6

    Keep the house prices down so we can afford one when we move to the island in the near future! 😁

    • @Nanaimore
      @Nanaimore  2 місяці тому +1

      @@yurkshirelad ill engage in market manipulation via UA-cam propaganda to help you reach your goals 😂

    • @rostyslavkozhushko5841
      @rostyslavkozhushko5841 19 днів тому +1

      @@NanaimoreWhy not:)!

  • @rachelk8368
    @rachelk8368 2 місяці тому

    I’m not waiting for rate cuts- that’s short term. I’m waiting for a healthy correction- like 15-20%/ 2018-2019 prices

    • @Nanaimore
      @Nanaimore  2 місяці тому

      "The Canada Mortgage and Housing Corp. is forecasting home purchase prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.
      The agency's latest housing market outlook, released Thursday morning, said affordability in the home ownership market will be a concern for the next three years as declining mortgage rates and the country's strongest population growth since the 1950s will likely spur a rebound in home sales and prices".

  • @in2minutesorless64
    @in2minutesorless64 2 місяці тому

    Another great video ... thanks

  • @rachelk8368
    @rachelk8368 2 місяці тому

    From Calgary Alberta. Thinking of moving to the states to make more money in healthcare. The Nanaimo hospital is apparently awful to receive care in and even worse to work in - very toxic work environment 😢

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@rachelk8368 you should send us an update on how that goes.

    • @michaelwalker2492
      @michaelwalker2492 Місяць тому

      You're right. Nanaimo Hospital did have issues. They have taken steps to change it, but won't be a full-service hospital for another 7 to 10 years. It lacks the latest cardiac technology so you have to be flown to Victoria, when it might too late.

  • @deanpritchard9215
    @deanpritchard9215 2 місяці тому

    Love the thumbnail that's the neighborhood on the top of 7th? Just houses on wrong side of the street🤔

  • @2_Bike_is_Life
    @2_Bike_is_Life 2 місяці тому +4

    The hands man.. the hands.

    • @Nanaimore
      @Nanaimore  2 місяці тому +1

      @@2_Bike_is_Life As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.
      Audrey Hepburn

    • @leecossette9947
      @leecossette9947 2 місяці тому +1

      He is a handy man 😆

  • @PeterScheiber-pk6vg
    @PeterScheiber-pk6vg 2 місяці тому

    just wondering if you know that CPI being flatish doesn't mean prices have come down? they are simply going up at a slower rate, so not clear that should lead to a reduction in house prices. take care

    • @Nanaimore
      @Nanaimore  2 місяці тому

      I don’t think I mentioned anything about disinflation.

    • @PeterScheiber-pk6vg
      @PeterScheiber-pk6vg 2 місяці тому

      @@Nanaimore you said "the cost of living is high though we have seen CPI coming down" as if to suggest CPI coming down should mean the cost of living is also coming down. however, that isn't what that means.

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@PeterScheiber-pk6vg is CPI coming down?

    • @PeterScheiber-pk6vg
      @PeterScheiber-pk6vg 2 місяці тому

      @@Nanaimore cpi is coming down but cost of living is not. it's still going up

  • @CrapKerouac
    @CrapKerouac 2 місяці тому

    We've noticed, we're trying to GTHO of Nanaimo and move to Victoria. The downtown area has its problems, but the north end is pretty lame in its own way. The people are provincial, tawdry, and ooze with complacency. It's been an enormous mistake. You should know what you're getting yourselves into it, it's very much small town life.

    • @Nanaimore
      @Nanaimore  2 місяці тому +3

      If you don’t like where you are, move. You’re not a tree 🌳

    • @michaelwalker2492
      @michaelwalker2492 Місяць тому

      Ok, snarky. He is. Did you read his comment? And he's not completely wrong. Reality bites

  • @meowkaye
    @meowkaye 2 місяці тому

    not the AI thumbnail

    • @Nanaimore
      @Nanaimore  2 місяці тому

      I’m not sure if I like them or not. Seems most people do 😐

  • @tellsitasitis
    @tellsitasitis Місяць тому

    Homeless population

  • @healing_with_nature1
    @healing_with_nature1 2 місяці тому

    Overpriced and it's Nanaimo. Simple.

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@healing_with_nature1 who hurt you?

    • @healing_with_nature1
      @healing_with_nature1 2 місяці тому

      @@Nanaimore seems a little childish response but ok. Every single house in Canada is overpriced, but carry on carrying on there bud

    • @Nanaimore
      @Nanaimore  2 місяці тому

      @@healing_with_nature1 lots of nature to heal you on the island. Just a short ferry ride away. Check out the Nile Creek Video. You’ll love it 👍