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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.

US and German Visitors on the Increase

An analysis of site visitor locations from Sept. 01, 2008-Dec. 11, 2008 over the same period in 2007 shows that the importance of international buyers in the BC waterfront market may be increasing again. While overall visitors to our site are up approximately20% for this time period, the visitors’ locations are showing a slight change from the norm.

Since we started the site, Canadians generally comprised approximately 75-78% of our traffic. While the number of Canadian visitors to our site is actually higher than last year, the percent of Canadian visitors as a total has decreased to about 67%. Meanwhile, traffic from other countries, namely the US and Germany has increased slightly. The increase in US traffic may be due in part to our alliance with Interluxe which targets mainly US luxury consumers. The two biggest states in the US for visitors to our site are California and Arizona followed by Washington State. Perhaps the low Canadian dollar is enticing those US buyers who have not been affected by the recession (or maybe a few of these visitors are Canadian snowbirds?)...

Interestingly, despite the poor economic outlook in Canada, the percent of British Columbians visiting our site for this time period has remained steady at 67% of Canadian traffic. Albertan traffic has dropped only slightly from 21% of our Canadian traffic to 18% and visitors from Ontario have increased from 4 to 6% of our Canadian traffic.

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Market Insights - Waterfront Real Estate

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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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