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:
- Falling currency (Largest fall in six weeks)
- Simmering market (Slowing economic growth)
- 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.
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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
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