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Thompson Godfrey Group 2019 Newsletter

Wow, here we are in the year 2019 and it is hard to believe 2020 is coming next year. 2018 was another great year for the Thompson Godfrey Group, inventory was limited however prices seem to have settled in the second half of the year. 2018 had a total of 1243 single family homes sell and 658 condos, townhomes & patio homes in Nanaimo, still great volume. The challenge was the levels of inventory we had to work with. We are seeing 2019 starting off with more listings than last year in all categories, however finding homes to look at in the lower price range is still challenging. This could change as inventory increases in the future months ahead.

We are continuing to work hard with our RE/MAX I.T. Department to improve our website and social media platforms. Debbie continues to work hard at keeping the office organized and running smoothly. Brian, although is retired as a realtor, continues to help in our office behind the scenes.

As the market is somewhat unpredictable due to some outside influences such as government rules and regulation changes, banks becoming more ridged on lending policies, and the oil industry slow down, can all have a direct effect on the market. However Nanaimo & area are on the map and we are seeing more people wanting to live here. It is certainly not uncommon to be working with people from the Lower Mainland, Alberta and Ontario, just to name a few, that truly want to call our beautiful area their home. Why wouldn’t they we have so much to offer!

Our business continues to grow largely due to our loyal repeat clients and their referrals to our dedicated hard-working group. This is an enormous complement to us and we can’t thank them enough!

As always, we feel honesty and communication is the key to a successful relationship with our clients and we truly look forward to a prosperous and exciting year ahead!

Yours Sincerely, Dave, Brian and Debbie