No Rebound Yet

One of my usual websites that I read while drinking my morning coffee had a really interesting article today that underlines just how serious many people in the U.S. think the challenges are with home prices. Keep in mind that as these challenges mount for Americans, the advantage for Canadians purchasing U.S. properties skyrockets. Here’s what they had to say:

“With millions of home foreclosures in the US mortgage pipelines, and a recent spike in U.S. homeowners going delinquent on their mortgage payments, the group sees no possible chance for a rebound, or stabilization of U.S. home prices. In fact, because of the foreclosure situation is so bad, the group expects another 5% to 10% further devaluation in US residential real estate markets.”

You can read the entire article here.

Is it the right time for Canadians to buy U.S. real estate? Absolutely!

But you need to be educated. You need to know what you’re doing and that’s why we’re here to help. If you’re interested in purchasing or investing in U.S. real estate, contact us today.

Interested in U.S. Real Estate? Sign up for our VIP Mailing List.