Archive for September, 2010
Canadian Dollar Climbs to Six Week High
Sunday, September 19th, 2010A convergence of market signals are all pointing to this year’s becoming one of the best years ever for Canadians to buy property in Palm Springs. First and foremost, local real estate prices are presently at their lowest levels in years. Prices for single-family homes as well as condominiums in many Palm Springs area communities [...]
US Home Rental Income for Canadian Owners in Palm Springs
Tuesday, September 14th, 2010Many of our Canadian clients ask us if they can rent their second homes in Palm Springs, as they’re wanting to use rental income to offset the fixed expenses of owning a winter vacation home here. The simple answer to that is, YES, they can! A large number of Canadians rent their Palm Springs homes [...]
A Currency Exchange Strategy to Maximize Canadian Buyers’ Purchasing Power
Tuesday, September 7th, 2010Around this time of year, many potential Canadian and other Foreign National buyers once again begin thinking about buying a winter retreat here in beautiful, sunny Palm Springs. With property prices in the Palm Springs area still hovering around prices we saw back in 2003, the year is shaping up to be another banner year [...]