Comments on: Canadians Could Make a Killing in Arizona Real Estate http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/ Home Mortgage Loans Expert in Phoenix Arizona Thu, 21 Aug 2008 20:33:48 +0000 http://wordpress.org/?v=2.6.1 By: Nathan Barcic http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/#comment-1257 Nathan Barcic Thu, 13 Dec 2007 17:50:26 +0000 http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/#comment-1257 You'd be surprised, Don. I work with a firm that helps a lot of Canadians with housing purchases down here in the States, and many of your compatriots do not seem to have the same worries about the market down here. That is, we've seen such an increase in Canadians inquiring about/buying US property (Arizona & Florida being the usual destinations) that I think many people are thinking "exchange rate savings" first and "market conditions" second. What sort of trend sare you seeing, Guru? You’d be surprised, Don. I work with a firm that helps a lot of Canadians with housing purchases down here in the States, and many of your compatriots do not seem to have the same worries about the market down here.

That is, we’ve seen such an increase in Canadians inquiring about/buying US property (Arizona & Florida being the usual destinations) that I think many people are thinking “exchange rate savings” first and “market conditions” second.

What sort of trend sare you seeing, Guru?

]]> By: Shailesh Ghimire http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/#comment-1056 Shailesh Ghimire Wed, 14 Nov 2007 02:11:56 +0000 http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/#comment-1056 Don, Recent market conditions are worrisome indeed. I'm not sure if the US dollar will make it back to prior levels. However, at some point the US Treasury may start buying back dollars to limit supply and increase value. However, this would be short lived. We'll see. Thanks for stopping by. Don,

Recent market conditions are worrisome indeed. I’m not sure if the US dollar will make it back to prior levels. However, at some point the US Treasury may start buying back dollars to limit supply and increase value. However, this would be short lived. We’ll see.

Thanks for stopping by.

]]> By: Don Weisbeck http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/#comment-1055 Don Weisbeck Wed, 14 Nov 2007 00:26:29 +0000 http://www.azmortgageguru.com/canadians-could-make-a-killing-in-arizona-real-estate/#comment-1055 Interesting comments and certainly many of us in Canada are looking at U.S. properties, Arizona is particularly interesting to us in western Canada. With the Canadian dollar now worth more that the U.S. dollar ( $1.05 today), it makes for some interesting investment opportunities. You are correct that major gains are possible if the U.S. dollar recoups recent losses. The worry is that the U.S. economy may not have hit the bottom and that the mortgage woes won't peek for several months. Don Weisbeck Brooks, Alberta, Canada Interesting comments and certainly many of us in Canada are looking at U.S. properties, Arizona is
particularly interesting to us in western Canada.

With the Canadian dollar now worth more that the U.S. dollar ( $1.05 today), it makes for some
interesting investment opportunities.

You are correct that major gains are possible if the U.S. dollar recoups recent losses.

The worry is that the U.S. economy may not have hit the bottom and that the mortgage woes won’t peek
for several months.

Don Weisbeck
Brooks, Alberta, Canada

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