Daily Informative Updates on
New Residential Real Estate & Construction News
for Vancouver Island Communities

May 25, 2009

Make the Most of a Buyers' Market - Nanaimo & Vancouver Island Real Estate

In the wake of the economic predictions of the last six months, home sellers can be forgiven for worrying if the bottom has fallen out of the real estate market. Compared to the hot market of the last few years, that saw average selling prices increase from $214,000 in 2004 to a high of $373,000 in 2008, the spring market is fairly soft. Sales in April were 26% lower in Nanaimo than the same month last year. But average selling prices have actually been rising for the last two months after hitting a low in February of $326,000.

Agents on Vancouver Island say the market has definitely shifted to favour the buyer; Unprecedented low mortgage rates are another advantage for prospective buyers, who can look forward to buying in a market that, while still competitive, is certainly less heated than it was 12 months ago.

The Vancouver Island real estate industry is moving into the busy spring selling season, when many people choose to list their homes after waiting out the winter. Real estate experts say staging is important, making sure a home is well presented. But the real key, they say, is simple: Price.

Copyright (c) Canwest News Service

[Read Source Article]

Source: Darrell Bellaart, The Daily News, Nanaimo May 5, 2009

May 12, 2009

Google Maps Integration - Phase One Completed

The 1stView.ca team is very pleased to announce that the first phase of Google Maps integration has been completed. Every project page in our real estate directory will feature an interactive map showing the location of the project on Vancouver Island. We're currently in the process of updating all existing project pages.

The next phase of integration will add maps to our Search and Community pages. We hope you find these new features useful in locating and learning about new real estate on Vancouver Island.

May 12, 2009

Announcing our Blog

1stView.ca is pleased to announce the launch of our blog. We'll be using our blog to help keep our customers and visitors updated on the latest projects added to our directory, as well as to share relevant real estate news and developments in your area. Please consider subscribing to our blog by email and/or RSS using the links in the right column. Thank you!

- 1stView.ca Team

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Office Phone: 250-338-5466

Courtenay, British Columbia