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What is an FHSA?

What is an FHSA?

The Tax-Free First Home Savings Account The Federal Government is introducing a Tax-Free First Home Savings Account (FHSA), combining the idea of an RRSP and TFSA. You will be able to contribute up to $8,000 per year, to a total of $40,000. You will get a tax deduction benefit when you invest the money and […]

The Market Has Shifted

This representation is based on data generated by Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Market Conditions Balancing Housing activity slowed over the third quarter, with the number of single family sales in September down 62% from September 2021 and the inventory up 236% over last year at this time. […]

4 Reasons To Hire A Realtor

4 Reasons To Hire A Realtor

Buying or selling your home can be a complicated process. Having a Realtor protects your interests in the most efficient and helpful way possible. The best decision you can make is to hire a Realtor and here are some reasons why. Local Knowledge A knowledgeable Realtor will thoroughly understand the local real estate market. They […]

What is B.C.’s Speculation and Vacancy Tax?

What is B.C.’s Speculation and Vacancy Tax?

The B.C. Speculation and Vacancy Tax is implemented by the provincial government in an effort to turn empty units into homes, discourage real estate speculation, ensure homeowners who report the majority of their household income outside of Canada pay their fair share of taxes in B.C., and ensure that revenue from this tax is used […]

Nanaimo Is One of the Fastest Growing Cities in Canada

Nanaimo Is One of the Fastest Growing Cities in Canada

  According to information released by Statistics Canada, Nanaimo is one of the fastest growing cities in Canada. Now classified as a census metropolitan area (CMA), Nanaimo’s growing population ranks it alongside major cities like Vancouver and Toronto. Nanaimo’s population as of May 11, 2021 was 99,863 people, an increase of 10.3% from 2016. According […]

How To Make Your Home Cozy This Winter

How To Make Your Home Cozy This Winter

During the colder months, it’s important to keep your home warm and welcoming. Here are some tips on how to keep your home cozy this winter. Area Rugs Area rugs and carpets are a good choice if you have colder floors, such as hardwood or tile. Area rugs provide soft warmth for your feet and […]

Maintaining Your Home: Winter Edition

Maintaining Your Home: Winter Edition

Your home deserves the best, so make sure it stays in good condition by keeping it well-maintained. Here are some ways you can maintain your home this winter season. Cover Your Air Conditioning During the wintertime, or whenever you’re not using it, cover your central air conditioning unit or remove your window air conditioners. Change […]

Are You Ready To Move?

Are You Ready To Move?

Whether you are retiring, relocating to a new city, or simply downsizing, moving to a new home can be a challenging process. Before you make the decision, consider whether you are ready to move at all. Here are some thoughts to consider and ask yourself before you decide to move. Will your current home meet […]

Is Your Home Ready For Showings?

Is Your Home Ready For Showings?

As you prepare your home for sale, it’s important to get the property ready for marketing and showings, so that your home can look its best for potential buyers. Here are some important steps to remember when getting your home ready for showings. Keep It Tidy Make sure all surfaces and counters are clean, including […]