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Climate change could help and hurt B.C.’s recreational properties

Carlito Pablo, The Georgia Straight, August 1, 2012

Rudy Nielsen talks about rain reverentially. As someone who has sold waterfront recreational properties for 40 years, he considers it a blessing. 

“I say when it starts raining here in the fall and everybody starts bitching about the rain and the dark clouds, you should instead get down on your hands and knees and kiss the ground that you live in British Columbia,” Nielsen told the Georgia Straight in a phone interview. 

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Young families driving renewed recreational property market: RE/MAX

Brian Morton, Vancouver Sun, June 18, 2012

There’s renewed post-recession interest in B.C.’s recreational property market and it’s largely from young families attracted by lower prices, according to a RE/MAX executive.

“The local market has softened and prices have come down because of that,” said Elton Ash, regional vice-president, RE/MAX of Western Canada, of the RE/MAX Recreational Property Report 2012, which concluded that lower prices have stimulated interest with modest increases in sales in all regions except the North Okanagan,

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Living the Dream

Steven Threndyle, Westcoast Homes & Design (Vancouver Sun), Summer 2012

For as long as people have inhabited cities, they’ve paradoxically felt the need to escape them and get “back to the garden,” as Joni Mitchell sang. From rolling ranch lands to tidy vineyards to wild, pounding surf – British Columbia offers plenty of places to get back to the land and dirt under your fingernails.

When it comes to recreational property,

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Ranch size sales cheer vendors

WI Staff, Western Investor, August 2011

Perhaps the strongest evidence of a recovery in the Kootenay recreational market is the sale of ranch-sized acreages at the exclusive Ranches at Elk Park just outside of Radium Hot Springs. Prices range to nearly $3 million – and that is just for the land.

“We have sold two lots, and we have holds on two others,” said Rudy Nielsen, founder and president of NIHO Land &

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Some high-end rural waterfront properties see substantial price drops

Brian Morton, Vancouver Sun, January 21, 2011

VANCOUVER — A sharp drop in demand for B.C.’s high-end rural waterfront properties has resulted in price reductions that in some cases are substantial.

Unlike Metro Vancouver, which has seen a market rebound over the past year after a recessionary slowdown, many rural areas across the province have experienced a prolonged slowdown in sales of such properties.

As well,

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Mortgage rules toughened to rein in consumer debt

Carla Wilson, Victoria Times-Colonist, January 18, 2011

Tighter federal mortgage rules may squeeze some potential homebuyers out of the market but are not expected to drastically affect prices, say Greater Victoria real estate officials.

Those seeking high-ratio (with less than 20 per cent downpayment) mortgages — often newcomers to the market — could be priced out of the market for now while others may have to pare expectations.

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Secrets of a multi-millionaire real estate kingpin

Kerry Gold, MSN.ca Money, Dec 3, 2010

While economists continue to deliver contradictory reports, one real estate mogul says he’s been forecasting the market correctly for nearly 40 years.

Rudy Nielsen is a real estate kingpin in B.C., and not just because his company Landcor compiles the most comprehensive real estate statistics in the province. Nielsen is one of the biggest private property owners in B.C., a developer,

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NIHO supports Action for Cheetahs in Kenya

NIHO President Supports Kenyan Wildlife Conservation 

Everybody knows that NIHO president, Rudy Nielsen, loves the backwoods and the wild animals of British Columbia. However, Rudy also supports the conservation of wilderness and wildlife across the world.

Rudy recently made a donation to Action for Cheetahs in Kenya, a group that aims to promote the conservation of cheetahs through research, awareness and community participation in Kenya.

This donation,

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i-real estate

WI Staff, Western Investor, March 2010

Regardless of what type of agreement is worked out between the Canadian Real Estate Association (CREA) and the federal Competition Bureau, buyer access to real estate listing information has already changed dramatically.

Realtors and real estate buyers are quickly applying gee-whiz new technology to seek out, study and transact real estate deals in a freeflowing, mobile environment that may have already left traditional real estate data in the dust.

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Working to beat the HST deadline

Derrick Penner, The Vancouver Sun, April 18, 2010

Developers are doing what they can to beat the harmonized sales tax July 1 deadline, building units ahead of schedule and hoping to make sales earlier rather than having to charge the unpopular tax later.

Opportunities are limited, the time fleeting, but with the tax adding a cost in the tens of thousands of dollars to homes, builders who have serviced lots figure they’re better off taking the risk of having to hold onto excess inventory.

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