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BC Waterfront Blog

There are a lot of "how-to" articles online that regurgitate the same advice about real estate related topics such as getting a good mortgage or prepping your home for the market. While those things are obviously very important, in this blog we try to write articles that are enlightening and valuable for visitors to our site. Rather than write about the same-old, same-old, we endeavour to create interesting and compelling articles specifically for people interested in (BC) waterfront real estate.

Interest in BC Real Estate is Picking Up

Despite continued negative real estate reports in the media, we are starting to see increased interest in the BC waterfront real estate market again. While site traffic remained higher year over year, August-December 2008 were exceptionally slow in terms of the number of inquiries that went through the site; however,  in mid-January we saw a sudden increase in serious inquiries. This month, we are forecasting more unique visitors than we had last February (when the market was still hot). With interest rates at extreme lows (5 year mortgages available for 4.02) and average house prices starting to fall, it is beginning to make sense to jump into the market again.

While interest has picked up and I believe there is some pent up demand, the buyers out there know the market well and many are looking for deals. With forecasts calling for a hunkering down and a year or two more of these tough economic times, buyers who are ready to make the jump into some new real estate want a good price.

If you are a buyer, you can find some well-priced (under assessed value, foreclosures, etc...) waterfront properties in our "by searching the "Below Assessed Value" and "Motivated Seller" searches of our site.

If you are a seller and need to sell, make sure your house shows well and is priced aggressively. Also, you can review review Ozzie Jurock's article 10 Ways to Make Your Home Sell Faster by clicking here.

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Featured Waterfront Realtor

Dave Koszegi Group
RE/MAX of Nanaimo - Dave Koszegi Group

Dave Koszegi is SOLD on Sproat Lake and the Alberni Valley DAVE. For waterfront properties on Sproat Lake, it's the only name you need to know. One of Canada's top-ranked RE/MAX Realtors, Dave was (...)


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