Canadians Investing in US Real Estate

[Scott Innocente]

Low interest rates, favourable exchange turn U.S. into hotspot

EVEN FOR INVESTORS IN CENTRAL CANADA, WHERE THE METROPOLISES OFFER DIMINISHING RETURN ON INVESTMENTS, THE UNITED STATES OFFERS DENSELY-POPULATED MARKETS WITH STRONG FUNDAMENTALS AND NO SHORTAGE OF RENTAL DEMAND.

All across Canada real estate prices continue to rise at an incredible rate making buying an investment property an increasingly difficult task. The Canadian government has mismanaged the real estate market so insidiously that investors may find themselves struggling for cash flow and high ROI. This has many looking South of the border for investment opportunities.

The US real estate market (in contrast with the Canadian real estate market) was built on capitalist ideologies, less red tape, more incentives to develop, and real estate friendly tax rules, meaning there is a far greater opportunity for higher returns. Investors always go where the returns are.

https://www.canadianrealestatemagazine.ca/.../low...

[Scott Innocente]

South Florida resi sales, prices jump in the first quarter

SALES VOLUME TOTALED NEARLY $16B IN MIAMI-DADE, BROWARD AND PALM BEACH

A lack of inventory continues to plague parts of South Florida, with the luxury sector outperforming other price points, according to the Miami Association of Realtors. Florida is, in my opinion, 3-5 years behind Ontario in terms of price appreciation due to a significant supply shortage and rising popultaion.

South Florida Short Supply