Canadians back to buying Real Estate in Palm Springs?


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!

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