by kramoltz@hotmail.com | Jun 13, 2023 | Canada and Canadians, Home Buying
If you were thinking of buying a vacation or second home in the Frozen North, you need to put your plans on hold. As of Jan. 1,2023, Canada has enacted a two-year ban on the purchase of residential property by most non-residents. The Prohibition on the Purchase of...
by kramoltz@hotmail.com | Apr 3, 2017 | Global Buyers + Foreign Investment
U.S. housing markets are the most affordable in the world, at least according to a study of more than 300 metro housing markets in 9 countries conducted by the research group Demographia. Their researchers measured affordability by median home prices and household...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians
Part 2. The Canadian real estate market is booming, but there are signs all might not be well. Some of those same indicators were present when Arizona’s real estate market tanked, so we in Arizona know them when we see them. Read on and see if you know how to...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians
Part 1. The Canadian real estate market has been very strong for a long time. Continued rising prices would appear to be unsustainable, as they can’t continue indefinitely. We learned that lesson in Arizona when our real estate boom busted. But Canadians claim that...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians
Last year I wrote about the increasing strength of the Canadian dollar relative to U.S. currency, and the result of a favorable currency exchange rate to Canadian investment here. I also discussed the positive impact the exchange rate makes to my fellow Canadians when...