Is the Investor Window Slowly Closing on Canada?

window

Please don't read too much into the title.

The investor window never shuts... but some opportunities grow colder with a changing market.

Which brings us to Canada.

A few months ago the Canadians had this edge over their neighbors in the states:

  • Stronger currency
  • Hotter market 
  • Rising home prices

Fast forward to now:

  • Potential for falling home prices

Canadians have rushed to my area in droves...

...they've purchased second homes in the Arizona sunshine.

Our low prices combined with their strong currency made these purchases a huge bargain.

Conditions have not been so favorable in the past three decades.

The window is not closed... but the peak has, in my opinion, been already achieved.

There's only so much more time before the pendulum swings the other direction. 

As the US dollar gains strength against the Canadian dollar and we switch position on the housing slump it's time for Canadians investors to make their foray into the market before the conditions swing.

-----

Chuck Willman is the founder of AZvest ... a group of investment minded individuals with an interest in real estate.

Visit him at www.AZvest.com 

 
Post is included in group: International Real Estate
Post is included in group: Certified International Property Specialists
Post is included in group: International Real Estate
Post is included in group: Marketing To International Buyers
Post is included in group: International Real Estate Specialist

4 Comments on Is the Investor Window Slowly Closing on Canada?

I heard that the Russians were buying up all of the real estate in Florida.

05/01/2008 08:18 PM by Lisa Friedman Central New Jersey Real Estate (Pinnacle Realtors)


Hmm maybe we should do some reciprocal links...........you could do my canadian investor/retired snowbird page and ad your bio/link...:-)

05/02/2008 02:27 AM by Liz Moras, Re/Max Associate Broker Chilliwack (Vancouver), B.C. (Remax Nyda Realty Chilliwack B.C.)


Katerina- They're still coming here as well... but the exchange rate is beginning to dilute the savings.

Lisa- I heard the same... any confirmation on this?

Liz- If you have anyone, let me know. We have quite a few Canadians coming in and are managing to find quite a bit of property at very good prices. However, the Canadians are beginning to compete against each other- in one location prices have risen because of the sudden demand. 

05/02/2008 01:25 PM by Chuck Willman, Arizona Realtor®, ABR, TRC (Gentry Realty & Investments)


This blog does not allow anonymous comments

 
Real Estate Agent: Chuck Willman, Arizona Realtor®, ABR, TRC (Gentry Realty & Investments)
Chuck Willman, Arizona Realtor®, ABR, TRC
Phoenix, AZ
More about me…
Gentry Realty & Investments

Office Phone: (480) 292-0600
Cell Phone: (480) 292-0600
Email Me
Tips for those seeking a home or property in the Valley of the Sun. Also a source for Investments, First time Home Buying, Relocation & International Properties Page copy protected against web site content infringement by Copyscape
Locations of visitors to this page
free website hit counter Site Meter

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find AZ real estate agents and Phoenix real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved