| Depressed real estate prices in the U.S. sun belt, coupled with the strength of Canada’s currency and economy, are creating a powerful buying opportunity for aspiring snowbirds.
The latest S&P/Case-Shiller Home Price Indices data show prices are lower than those a year ago and only slightly above their April, 2009, bottom. It’s bad news for those selling homes in such cities as Phoenix, Tampa, Las Vegas and Los Angeles, but great news for Canadians looking to purchase a vacation home or investment property..............................................Full Article: Source |