The buzz around our ReMax office this past week was all about an article which appeared in the Vancouver Sun on May 28, 2011 (and in the Edmonton Journal on the 28th as well). The article, appearing in a special section entitled "South of the Border", captured everyone’s attention because in part, it featured our own Dick Sakowicz, as … [Read more...]
Buying a Home in Palm Springs for Canadians
The Canadian Dollar made its comeback on Friday and closed at C$1.0111 per US Dollar. Don’t you hate when someone tells you I told you so? Well, I did!. In my blog of May 31, 2010, Canadian Dollar Founders But Watch for a Comeback, I suggested that the Loonie was going to reach parity again with the Greenback in a few months. As I mentioned in … [Read more...]
Canadian Dollar Climbs to Six Week High
A convergence of market signals are all pointing to this year’s becoming one of the best years ever for Canadians to buy property in Palm Springs. First and foremost, local real estate prices are presently at their lowest levels in years. Prices for single-family homes as well as condominiums in many Palm Springs area communities are still at … [Read more...]
A Currency Exchange Strategy to Maximize Canadian Buyers’ Purchasing Power
Around this time of year, many potential Canadian and other Foreign National buyers once again begin thinking about buying a winter retreat here in beautiful, sunny Palm Springs. With property prices in the Palm Springs area still hovering around prices we saw back in 2003, the year is shaping up to be another banner year for value minded … [Read more...]
Congress Finally Passes the Homebuyer Credit Extension
As a follow up to my blog of June 16, 2010,* here is some really good news for a lot of prospective homebuyers in Palm Springs and other communities across the nation. Talk about your nail-biter scenario! Just picture the approximately 180,000 buyers with a contract in process, patiently watching as our legislators in Washington dithered around … [Read more...]
Good News for Palm Springs Homebuyers – Federal Homebuyer Credit may be extended
Here is a follow up to my blog on November 6, 2009 entitled Good News on First Time Home Credit about the then recently enacted extension of the first time homebuyers credit. As that article explained, the homebuyer credit originally established in early 2009 was extended until June 30, 2010. The extension was a good move and did help boost home … [Read more...]
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