Did your clients on both sides of the political spectrum admit to browsing houses online in Costa Rica, dreaming of castles in Ireland or eyeing second homes in Vancouver as the election neared? It may have just been talk, but international markets are bracing themselves for real deals happening from today as some Americans show their displeasure at the new person headed for the White House. According to metrics from realtor.com/international: Between 10 p.m. ET and 11:59 p.m. ET on Election Day, Nov. 8, pageviews increased 948 percent, compared to the same time period the week before. The searching continued on Nov. 9, with traffic hitting a high at 1 p.m. ET when pageviews increased 536 percent, compared with the same time the week before. Overall, the weekly average of pageviews of international properties are up 329 percent compared to the week before (Nov. 7 -9 and Oct. 31 – Nov. 2) The top five countries viewed ranked by number of views were: 1. Mexico;...
- Agents in America-friendly countries have been expecting a flurry of buying activity after the U.S. election from disappointed Americans on both sides.
- The Costa Rica market is particularly prepared for a busy period.
- Canada is taking warnings of an influx of Americans in its housing markets with a pinch of salt, with little sign of it happening yet despite a online interest earlier in the year.
Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York