SOURCE: Marnie Bennett - Bennett Property Shop Realty

March 18, 2013 06:00 ET

Marketing Consultant Marnie Bennett Encourages Foreign Buyers to Invest in Canadian Property

Marnie Bennett Announces That Foreign Buyers Are Very Welcomed to Invest in the Canadian Real Estate Market, Which Has Numerous Condominiums and Other Residential Properties Available in Numerous Local Markets

OTTAWA--(Marketwire - Mar 18, 2013) - Marketing consultant Marnie Bennett has spent her career in the real estate industry and has, as a result, accumulated a well-developed and deep understanding of the market. She has recently responded to an article posted by The New York Times with a press statement that encourages foreign buyers to explore the properties and numerous and diverse opportunities that are available in the Canadian real estate market. What's more, Marnie concurs with Rob Zwick of ReMax Crest Westside in Vancouver that compared to the real estate property processes that exist in many markets, the process of purchasing a home in Canada is "fairly straightforward", simple and quick for US residents.

According to the New York Times' article, up to 25 percent of the buyers who are currently pursuing properties in the Vancouver area are foreign. While most of these investors are from China and other countries in Asia, many others are from the United States. The article notes that, due to worries regarding the various financial crises, the number of buyers investing in Canadian real estate from other countries has recently dropped; however, the Canadian market is welcoming to foreign buyers and is encouraging individuals who are interested in making a purchase to seek the assistance of a knowledgeable real estate agent to get the process started.

Marnie Bennett explains that today's market looks much different from that of 10 years ago and that, due to the increase in condominiums and other luxury and highly convenient housing models, potential buyers who were once interested but did not find a property to their liking should revisit their options. And Marnie also points out that with the drop in the number of potential investors, the net effect will be the availability of lower priced properties for those who do invest.

"Today's Canadian housing market has so much to offer investors -- whether they be foreign and domestic," explains Bennett. "Condominiums, single-family homes, townhouses, and other properties have been developed to include amenities that specifically cater to the buyer values that today's potential homeowners and renters hold dear. While a white picket fence with a little yard was once the standard request from buyers, we are now seeing more and more investors (and their renting clients) who are looking for properties that provide them with different lifestyles. For instance, single buyers are on the rise and are leaning more toward condos in the city center where they can be close to both their work site and to their leisure activities. Likewise, retired couples are looking to downsize and are hoping to move into an area of the city that has everything from dining to shopping to cultural attractions and less property to maintain."

Bennett encourages individuals who are interested in purchasing a home in Canada to contact a knowledgeable real estate professional with a diversified background in his or her local market so that the agent's experience and breadth of knowledge can help the prospective investors to more wisely and more quickly explore and then choose between the variety of real estate investment options that each local market in Canada possesses.

ABOUT:

Marnie Bennett, a marketing consultant at Bennett Property Shop Realty, specializes in providing marketing and sales strategies for new and resale homes, investment real estate properties, and condominiums. With over 30 years' experience in all aspects of the residential market (as a builder, a developer, a real estate agent, a broker, a designer and a marketing consultant for a long list of residential developers and builders), Ms. Bennett is devoted to helping her clients to develop the marketing features and strategies that will effectively highlight and differentiate their properties and address buyer values. Moreover, as a marketing expert who has work on both the selling and buying sides of the marketplace, Marnie Bennett brings an unparalleled -- if not unique -- set of skills and experience to both her purchasing and selling clients that helps her clients cut through the noise and clutter to make the right purchasing or investing decisions.