Email from a Canadian
Wednesday, June 03, 2009
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Yes sir, I have also notice the CAD creeping up. I hope you dont mind me blogging about the email sir! If you do, just call or email me!!
Hey Brian,
Hope you had a great holiday. Sounds like you put a lot of miles on.
I have just been scouring properties and commodities and currencies etc. Kind of dry first thing in the morning, but it's what I do. Lol
The market has never been better for Canadians wanting to buy in Arizona. The Stock markets are recovering and on the rise, housing prices have fallen 18% from this time last year and the Canadian dollar is up over 90 cents US.
The CDN dollar is 10% lower than it was at this time last year, but house prices being 18% lower makes it an even better deal than last year. Plus mortgage rates are at such a low rate ........ Gotta be a gift from heaven for those that missed the first round last year. As you know the CDN dollar fell to around 76 cents US and that really hurt. But now it's heading up again and should attract folks back down your way.
Just a thought,
Bruce
I agree 100%. 1 part of the equation is still tough though. I am running into multiple bid situations all over the place. those listings that have incredible descriptions and pictures on the mls are highly sought after. Looking for the "sleeper" is where its at!
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