Are you a Canadian thinking of buying property in the USA? Or even moving from Canada to the USA?
South Florida, and Miami, in particular has long been a favourite of Canadian snowbirds and full time immigrants.
“I love it here in Miami,” says Leon, a banker from Montreal, who has lived in Miami for the last ten years, “People here are so healthy, laid back and happy. My friends from home love visiting me here, especially when it’s winter back home. It’s so sunny and tropical here, and it’s exotic too. I even get to speak French with the Haitians who live here. I love it!”
Recently with the weakening of the US dollar and the decline in the US property market, Canadians have been finding fantastic deals on condos, apartments and single family residences in the Miami real estate market. There are some truly fabulous pieces of sunshine to be found at the moment! Check out The Mirador on the chic West Avenue in South Beach, or it's swanky neighbor The Mondrian!
However, there are signs that the real estate market is changing...
“Now, with the American economy and employment gaining strength, home sales should pick up and put a floor under soft prices,” said Sal Guatieri, senior economist, BMO Bank of Montreal, speaking in a recent interview published in the Vancouver Sun. “We expect prices to rise over time as the overhang of unsold homes eases.” He also expects the US dollar to strengthen, which would add to the investment potential for Canadians who buy real estate now.
So now’s the time to swap the maple leaves for palm trees and the white snow for white sand!
Contact Kelly to see what Miami has to offer you!
Or search for Miami Beach properties on www.BritishMiamiRealtor.com
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