Posted by Wanda/Jim
We just came back from the island after spending 12 days in and around the Chemainus and Nanaimo area. We were shocked by how real estate sales on the island seem to be booming. The real estate agents are calling it a “bump” As we drove around the island all the “For Sale” signs we saw during our last visit had little sold signs attached to them! Before we left Regina I thought something was going on as I noticed some of the prices rising but had no idea how quickly both land and houses were selling. After much discussion we decided to buy a piece of land to get a foothold into the market. The window was closing fast on the availability of properties so we decided to act. We are now negotiating on a property in Chemainus on Orca View Terrace. The last ocean view in our price range!