Huge investing Opportunity in the U.S.

Canadians have a huge investing opportunity in the U.S. right now.  Many Canadians think about owning a second home in the U.S. or perhaps an investment property.  It is very possible that there has never been a better time for a Canadian to buy in the States then right now. Many markets that Canadians tend to gravitate towards like the Southwestern U.S. or Florida are really struggling right now and prices have come down significantly on real estate in those areas.  I have heard of price drops of 20% or greater.  Combine slumping prices with a strengthening Canadian dollar and Canadians are in a very good position to invest.  Canadians actually have greater buying power right now in the U.S. then Americans do in their own market. If you figure that the U.S. real estate market will recover at some point and if you believe that the U.S. dollar will at some point return to being stronger than the Canadian dollar, a Canadian could be looking at huge returns on an investment made in the U.S. right now. There have been recent articles talking about builders in the U.S. throwing in pools and leases on luxury cars just to sell some of their inventory.  In some new communities builders have rows of finished houses sitting unsold and you can negotiate very favourable pricing.  So why aren't more Canadians looking to invest in the U.S?  There are some factors like increased hassle at the border.  I think the main factor right now is that the Canadian market is booming and there are so many current opportunities in the Canadian market that most investors just simply don't have the time to look at longer-term opportunistic buying in the U.S.  Another factor is that the commercial market in the U.S. has remained relatively strong so those opportunistic buys are not in larger investment properties.  But, for a Canadian looking for a vacation home or maybe a couple of rental houses there are huge opportunities right now.

Comments

[Gregory Dolinajec]

There are trmendous opportunites in US real estate right now especially in the North West. The North West market in cities like Portland OR is flat but not dramatically overbuilt as are the sun belt locations. An investor can make a great buy but remail relatively liquid compared to other markets.

[onehome international]

can i have the name and email address of the person who i in charge to search new properties for your clients interest in invest in México.

thank you very much.