Canadians back to buying Real Estate in Palm Springs?

US-to-Canadian-small-300x163

We are happy to see the Canadian Dollar climbing up steady compared to the US Dollar,  since its low in January 2014.

As I was saying earlier, for us in Palm Springs and for our Real Estate Market , losing the Canadian business  was a big loss. We are seeing some more interest from Canadians, and if this trend continues we might get back to what we had in the past 4 years. We certainly missed the ALL CASH deals and how easier it was to close a transaction. Our banks/lenders and the Dodd-Frank legislation  as well as the new QM rules made closing business a challenge this season.

So : Welcome back! we are ready for you Canadians buyers!

Care to Comment?  Leave a Reply here!

Your email address will not be published. Required fields are marked *