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The Coming Train Wreck to Avoid
by Don Campbell
President, Real Estate Investment Network™The sun will be shining when the snow begins to fly up in Canada. That alone is a big draw to buying property in the U.S. Yet those who purchase today will look back at that decision as just another poor ‘holiday influenced’ decision. Prices will have dropped, expenses will have escalated and that piece of paradise will no longer be a place of peace and relaxation – and will definitely not be the bargain it may look like today.
Although many Canadians are looking south for bargains, the fundamentals of the US housing market, especially in key states, indicate that the bottom is still nowhere in sight. The key sun-belt, snowbird states have already been hit the hardest and are poised to perform just as poorly for years to come. For example, according to the Case-Shiller Index:
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