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What is the next, up-and-coming Nanaimo neighbourhood?
What is the next, up-and-coming Nanaimo neighbourhood?
Are you a real estate investor? Or, just a family looking to make a wise real estate purchase in Nanaimo?  If so, you may have wondered what  the next, up-and-coming Nanaimo neighbourhood is going to be.
Up-and-coming neighbourhoods that are on the verge of being the next, hot real estate market often start out as ugly, rundown areas.  Take Yaletown in Vancouver as an example. Before Yaletown became the trendy neighbourhood it is now; it was an area of rundown buildings and warehouses.  Who'd have thought??
I was reading an article on how to tell what neighbourhood is on the cusp of expanding into a hot area.  Toronto realtor Steve Arruda began suggesting his clients look to Starbucks as a barometer for a neighbourhood's upward evolution. Because the coffee giant does its research and has a good track record, he encouraged clients to consider investing in neighbourhoods in which a Starbucks was soon to open or had just opened.
The benefit of investing in an up-and-coming neighbourhood is that if you get in early enough there is the potential to earn a large return on your investment.
The early signs of a potentially, hot ... more

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