©Photo by Terry Patterson

City of Nanaimo - British Columbia
Thriving Harbour City

Located on a large island the approximate size of Holland, the community of Nanaimo (na-NYE-mo) is 15 minutes by plane from Vancouver, BC's largest city. With a population of 86,000, the city’s size offers quality of life and diverse economic strengths. New businesses and residents alike are continuing to locate in Nanaimo because of the desirable mix of modern infrastructure, an affordable cost of living, the 'island lifestyle', as well as all of the services which are essential for a business to operate successfully.

Nanaimo's downtown continues to grow and thrive thanks to the ongoing revitalization efforts of its stakeholders. Today you will see attractive high-rise condo buildings, a 5 km oceanfront walkway, community events and festivals in public spaces, a varied arts district, and a range of culinary and retail establishments. Commercial, residential and heritage restoration projects continue to occur. To help spur these new developments, the City of Nanaimo offers incentives including the elimination of development cost charges, and a tax incentive for the residential conversion of heritage buildings.

To read the full article: Thriving Harbour City

To learn more about City of Nanaimo: http://www.nanaimo.ca

      

CREA : The Canadian Real Estate Association - A special article

CBank of Canada maintains interest rates

As was widely expected, the Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on January 19th, 2010. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per cent.

With the economic recovery under way, the Bank acknowledged that the outlook for global growth was "somewhat stronger" than it had predicted in October, but stressed that this was still very much dependent on "exceptional monetary and fiscal stimulus, as well as extraordinary measures taken to support financial systems." The Bank did, however, remove its comment regarding "significant fragilities" in the global economy, which had featured prominently in the previous two announcements.

To read the full article: Bank of Canada maintains interest rates

©Source by Canadian Real Estate Association Public Release

      

BCREA : The BC Real Estate Association - A special article

Gold Medal Recovery Limited by Economy, Affordability

Vancouver, BC - January 29, 2010. The British Columbia Real Estate Association (BCREA) released its Housing Forecast Update for the first quarter of 2010 today.

BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 6 per cent from 85,028 units in 2009 to 90,100 units this year, before declining 3 per cent to 87,500 units in 2011. Higher home prices and rising mortgage interest rates will provide a constraint on home sales next year.

"BC MLS® residential sales sprinted from an annualized rate of 50,000 units during the first quarter to 112,000 units during the fourth quarter last year " said Cameron Muir, BCREA Chief Economist. "That gold medal finish will give way to a silver medal performance in 2010 "

To read the full article: December Home Sales Second Highest on Record

©Source by British Columbia Real Estate Association Public Release

       
© 2008 Rogers Broadcasting Limited

July Ono President of On the Beach Education

July Ono: President of On The Beach Education Corporation - A special article

REAL ESTATE: BUY IT AND KEEP IT
Turning Phantom Money Into Real Money

This is the ultimate trick, isn't it? Yet why do so few people do it? One of my most popular e-Reports "How To Turn Your House Into A Money Making Machine: legally morally and ethically" describes how to do this in detail. Let me use a recent example of how I turned phantom money into real money.

My father is ultra conservative when it comes to investing. After 35 years in a union job, he retired with a company pension, old age security and the government pension. The mortgage on his house is almost paid off and the spike in real estate has seen tremendous appreciation in property valuations. Basically, my parents have been sitting on half a million dollars of equity that is doing absolutely nothing.

To read the full story: Turning Phantom Money Into Real Money

      

Bonus: Articles and Links

Articles of Interest
Vancouver2010: News Releases
Vancouver Real Estate Blog: Vancouver Real Estate Blog
British Columbia Real Estate Association (BCREA):
BC Home Sales Continue to Climb
Canada Mortgage & Housing Corporation (CMHC):
Home Maintenance Tips for Summer
Seattle Bubble Blogs: Seattle Bubble Blogs

Useful Links
Property & Open House search: REALTOR.ca
Home Buyers & Sellers: realtylink
The Vancouver Sun website: The Vancouver Sun
The Province website: The Province
CityTv Vancouver website: CityTV
Gordon Price: Pricetags
Peter Kinch: Canadian Mortgage Team
Canada Mortgage & Housing Corp: CMHC
BC Real Estate Association: BCREA
Canadian Real Estate Association (CREA): CREA News

      

News1130 is Vancouver's only official radio station of the 2010 Winter Olympics. Tune-in to News1130 for all your Olympic news and information for Team Coverage, Breaking News and what's Happening Now as we journey along the road to the winter Olympics. The News1130 reporters will be granted exclusive access to be on-location and in-venue at the 2010 games as well as first-hand interviews with athletes moments after they cross the finish line.

This exciting opportunity is few and far between for News1130 as well as for businesses that would like to be associated with this Olympic experience. Your company’s message will be heard locally on the radio and internationally as we have listeners tuning in from all over the world through our live online streaming available on News1130.com.

Did you know? News1130 listeners are 47 percent more likely than the average Vancouver population to invest in real estate. Also, over 37,900 News1130 listeners own a second recreational property.

In such a competitive real estate market and a changing economy, it becomes more and more difficult for companies to differentiate themselves from so many others. A vast majority uses print and flyers. Not many are using radio to sell themselves in the Lower Mainland. The radio market is relatively untapped. Busy professionals and business people are spending less and less time reading newspapers.

With a well-written radio on-air commercial, you can raise your profile, establish yourself as an expert in the industry and make your name very well-known which will in turn equate to traction and sales.

News1130 leads the market in Lower Mainland listenership, reaching the real estate investor, professional community and higher house hold demographic. We have tremendous credibility in the market place as the only all-news station

Please feel free to contact us at anytime to discuss how an advertising campaign on our "All News" radio station can help tremendously with your business.

Brandy Wright @ 604-877-4452 brandy.wright@news1130.rogers.com

News1130 – ALL NEWS RADIO
Official Radio Station of the Vancouver 2010 Olympic Winter Games
Phone: 604.873.2599 I Fax: 604.875.6054
Listen Live at www.news1130.com

Current Stats and Highlights

Current Mortgage Rates (abbreviated updated Feb. 1)

      

Reach the most potential homebuyers every Thursday with Vancouver Sun's Re-Sale Real Estate section - Househunting

Profile of a Vancouver Sun Reader:

On an average Thursday The Vancouver Sun reaches 449,500* Greater Vancouver adults age 18+.

It stands to reason that the more educated you are, the higher your income will be. 48% of Vancouver Sun readers have a university degree. Vancouver Sun readers have an average household income of $83,145 per year, significantly higher than the market average. With 81% of Vancouver Sun readers owning their own home, they have an investment that has increased significantly over the past year. This means that Vancouver Sun readers have considerable equity, translating into buying power.

On an average Thursday The Vancouver Sun reaches..

• 139,500*/27%* of the GVRD adults 18+ with an Average Household Income of $100,000+ (more than the Globe and Mail and National Post combined)

• 118,200*/30%* of the GVRD adults age 18+ who are Senior/Other Managers/Professionals

• 214,600*/32%* of the GVRD adults age 18+ with an education level of University Graduate+

• 36%/ of the GVRD Adults 18+ who own a secondary or recreational property

*Nadbank 2007 1,835,300 Metro Vancouver Adults, Age 18+

Want Advertise on BC Real Estate Convention eNewsletter?

Please call us at 604-677-8203 to find out our new Special promotions
We have over 50,000 readers from Lower mainland, North America and Worldwide

For more info Visit
www.BCRealEstateConvention.com

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project or municipality redevelopment plans, please feel free to Email us.
We will try and get you the answers. (no fees or provisos)