The Canadian Dollar is up again today. It hit a high of 90 cents for a few minutes today. That is an EIGHT month high. What incredible timing – Phoenix housing is hitting the bottom and Canadian dollar is hitting a high. I never imagined that these factors would align together at the same time – but they are. If you are serious about buying a home in Phoenix now is the time! I had a long discussion with a buyer from Red Deer, Alberta today who is trying to perfectly time the market. He has bid on SEVEN homes here this week. Does he plan to buy 7? No, only 1 but the bidding wars are so intense on the remaining foreclosures that often it is necessary to bid on multiple homes just to get one under contract. He plans to close and purchase on a home in 30 days. So he locks in the lowest price home this week, lets the Canadian dollar keep rising for a month and converts his money at the last minute a month from now. Now that is sharp thinking!
View all available foreclosures on our website at www.ThePhoenixExperts.com. To start you home search call me at 1-800-300-0263 or email me at Marc@ThePhoenixExperts.com. I look forward to getting you your Arizona dream home.
Marc Brodeur
1-800-300-0263
www.ThePhoenixExperts.com
