Attention my friends to the north from Canada! As you know, the value of the Canadian Dollar (CAD) has risen in great value when exchanged with the United States Dollar (USD). I've attached the five year chart showing what the purchasing power of the Canadian Dollar has done in the last 5 years. What that means for you is tremendous buying power. If you are in a position to buy real estate in Hawaii now is the time.
5 years ago a $500,000 USD Hawaiian property would have cost about $760,000 CAD. However, today that same property would cost you $506,000 CAD. That's an amazing bargain for anyone holding Canadian Dollars. Right now, the United States is in a slow recessionary climate where housing prices have been falling and the USD has been declining in value. Many foreign investors have been purchasing homes in the Hawaiian market due to their favorable currency status when compared to the USD. On top of that some markets in Hawaii have been making pricing corrections and when you can combine that with a favorable currency position it opens the door for you to buy that dream property in Hawaii.
I am a full service real estate agent in Hawaii that is fully prepared to help you make owning property in paradise a reality. If you are interested in the opportunities that Hawaii may hold for you please contact me and I would be happy to help you with any requests you may have. I go the extra mile for all my clients and guarantee you a fantastic experience.
Brought to you by: Rob Gerichs - RE/MAX Honolulu
Your All Oahu Real Estate Agent
(808) 284-4441 http://www.HawaiiRob.com Rob@HawaiiRob.com
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