Canadian Buyers – do buyer agents for Canadians exist?

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An interesting question was posed (and subsequently removed) recently on Trulia Voices – a real estate “Q&A forum” – by a Canadian regarding what to look for in a Phoenix real estate agent: What credentials should I be looking for in an agent to assist a Canadian make a purchase ....is there a true buyers agent for Canadians ? I am not aware of any agent that solely serves … [Read more...]

You can’t believe everything you read in the “Mainstream Media”

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I’ll be the first to freely admit that I’m not a journalist. But when I see shoddy reporting, it makes me cringe.  And let’s face it, a lot of people have the propensity to believe anything they read on the Internet, particularly if the source is “trusted” or from the “Mainstream Media”. Case in point: Yesterday there was an article on Realtor.org – a site many would think … [Read more...]

Mortgages for Canadian Buyers Still Available

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For Canadian buyers of homes in the U.S., securing a mortgage has always proven tedious. Lenders that provide mortgages for foreign nationals seem to come and go like the wind. Fear not. We still have a very active local lender that puts together loans for second homes for foreign nationals – Canadian and otherwise. They offer a 30 year fixed rate as well as a 15 year fixed rate product … [Read more...]

Canadian Dollar Falling: Time to Pull the Trigger?

The Canadian Dollar / US Dollar Exchange rate has taken a beating lately (from the Canadian perspective). At this moment in time, the Loonie is worth 0.9421 U.S. dollars. This is off from a high of about $1.08 in November of 2007.Here is a 3 month chart: While the drop around the beginning of August looks precipitous, let’s keep it in perspective with historical exchange rates: Even at … [Read more...]

Saskatoon Paper Misquotes, but Gets the Gist of it

The other day I talked at length with Jason Warick, a reporter with the Saskatoon (Canada) Star Phoenix newspaper. He was working on a story about Canadian buyers for real estate in Arizona.In the article – Saskatoon Residents Find Arizona Opportunity — Jason (a heck of a nice guy by the way) talked to people ranging from agents such as myself and Jonathan Dalton, to some … [Read more...]

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