Canadians looking to Invest in Real Estate might want to consider the United States as a place to buy. The downturn in the American economy and housing market along with the rising value of our Loonie makes now a very good time to buy.

According to an article in the Toronto Star yesterday buying property in Florida, with its huge increase in prices in recent years can produce very dramatic savings. The article goes on to say that "a typical two- bedroom, 1,200-square-foot condo on a golf course in Naples that would have sold for up to $350,000 (U.S.) last year now goes for $250,000, or $229,250 (Canadian)." With a depreciation in values of approximately 30% and an appreciation of over 20% Canadian dollar vs the US dollar over the last year the Star goes on to say that it would have cost you $165,000 Canadian more to buy that same condo last November than today. Now that's a dramatic savings

If you are considering such a move make sure you do your homework. Do some preliminary research on the Internet, check out the areas you might consider investing in. Contact a Local Realtor ®, or get a referral to one from your Canadian Realtor ®. Have them provide you with some market statistics and information on local and State laws. You will find there are likely many laws and taxes that are different than what you are used to here or that are different because you are a foreign owner such as property tax laws.

Neal Bloom-Realtor ® A fellow RE/MAX Realtor ® in Florida posted  Visitors from Canada -take advantage of buying second homes in South Floridaon his active|rain Blog In another post on his blog he goes on to say that " --- It hasn't been this attractive for over 40 years ---" .

There are several good websites where you can check out listings if you want to do some research here are but a few: RE/MAX ,   Point 2 Agents ,   National Assocation of Realtors ®

After you have narrowed down your search area I would be pleased to refer you to a local Realtor®