Jenell Fontes In the past couple of years Canadians have made up over 30% of my sales and now my Canadians seem nowhere to be found. Due to the fact that the Canadian Dollar has taken a huge hit in the exchange rate and our home prices have continued to go up, my Canadian clients have had to face a double dose of inflated reality. I found this really great article that explains the disappearance of the Canadian Home buyer. The questions begging to be answered is will the strength of their dollar improve anytime soon as I only see housing getting stronger in the next couple of years. So, even with the escalation in price and deflation of currency I still think the deal are out there and it is still a good time to buy. “What a price Canadians have paid lately, though. Over the last two years their purchasing power here in the US has declined sharply, and since just last summer it’s flown farther south than a goose, which really should be the...
Experience, Knowledge, Results: I am a true Real Estate Professional. With expertise as a Premier Luxury Agent, Investment Property Specialist, REO Director, and Short Sale Specialist, I know how to get the deals and close `em!