Vision Realtors

The housing market collapse has it’s clear winners, new home buyers looking for an affordable deal on a new or resale home for sale in San Diego are finding that home prices in some areas are so low they have made owning less costly than renting. In addition to significantly reduced San Diego home prices a federal stimulus bill and the California budget have both included provisions to make buying a home in San Diego even more attractive for most would be home buyers.

2009 is clearly the year of low prices, everything from homes to stocks to a barrel of oil has fallen significantly in price. Supply and demand factors have thrown the market into a tailspin and created an atmosphere where many homes are and will be sold at prices below their fundamental values. Home buyers should be out in droves considering the prices, the selection, the low interest rates, and the tax credits available for their piece of the American dream, and in fact they are, they just can’t find enough financing.

The market corrections and business failings through out the country and the world have dampened home values in many areas to levels low enough to create many no lose scenarios for today’s home buyers. When owning a home is the same cost as renting and you get the added advantage of potential appreciation you have an incredible and rare opportunity for new home buyers to reap the benefits of owning a home, without the downside faced by the previous year’s buyers who had far higher monthly costs for owning the same homes.

5 or more years down the road today’s home bargains will create a new generation of Americans with equity in their homes. That will in turn help fuel additional appreciation of these homes. The downside of this recession is apparent, the bottom and turn around points are not. However with homes and condominiums it is easy to understand that when ownership cost equals rental costs you are clearly at a fundamental bottom in home values. Having a usable investment (owning a home) that cost no more than the non investment alternative (renting) is not worth zero, i.e. having the opportunity for upside appreciation is not worth nothing, therefore when owning costs the same as rent it is logical and fair to say that those homes prices are at their bottom.

Of course like any market different areas have performed differently over the past few years. Areas hit the hardest by foreclosures have come down in price much greater than areas not afflicted with waves of distressed homes for sale. The greater affected areas offer home prices that are low enough that they are attracting multiple buyer offers, which is another clear sign of a bottom in prices for these homes.

The San Diego Home market is really 100’s of smaller markets each with their own fundamentals. Finding a great deal simply takes a bit of determination. Finding the best deals is a fulltime job because of the constant flow of Foreclosures and Short Sales coming and going from the market. Find a good San Diego Realtor®, roll up your sleeves, and go select your piece of the American dream, it’s now 40% off!

Like any other western country, the real estate market in Canada is a traditional and mature market that employs hundreds of thousands of people and provides attractive returns to investors. The investor returns are cyclical and are representative of the key economic factors like unemployment, GDP growth, interest rates, inflation etc.

Investing in either the residential or the commercial real estate in Canada provides a real estate investor an opportunity to diversify their portfolio and thus stabilize their returns. In the recent past, the Canadian real estate market has yielded above market returns after adjusting for inflation and has attracted billions of dollars from both domestic as well as foreign investors.

Given the high demand and recent high rates of appreciation in the real estate market in Canada, investing in Canada real estate market provides the investor an opportunity to buy a residential property and either rent it out or flip it within a year during a market upswing. In the recent past, several investors who invested in real estate market in Canada have followed the flip strategy and benefited from annual returns in excess of twenty percent.

Overall Canada has the following two attractions for real estate investors interested in investing in Canada:

First, Canada attracts a large number of rich expatriates who move to Canada either to retire or to work under the Canadian Immigration Department‘s skilled worker program. This is a big contributor to the Canadian economy as a whole and the real estate market in particular as theses expatriates continuously keep up the rental demand and in some instances demand for resale of homes. Cities that are most popular amongst the immigrants offer a great investment opportunity in the Canada real estate market as the immigrant inflow make these cities slightly immune to the national economic conditions.

Secondly Canada has been blessed with a fast growing market within its borders. For more than five years in a row, Canada has been rated as one of the best places to live in the world by a leading research company. The political stability, economic strength and high quality of life has resulted in spawning and expansion of a multitude of small businesses and led to the physical expansion of several Canadian cities. These cities have in turn developed commercial and residential real estate sectors which offer tremendous investment opportunities. A real estate investor thus has the option to invest in any one of Canada’s growing cities and either buy a residential or a commercial property – office space, industrial or retail units. In addition, there is also a fast growing tourist sector that creating new and attractive opportunities as more and more people invest in second or vacation homes.

Thus there are unlimited opportunities for a real estate investor in the Canadian real estate market and if one performs their due diligence and follows the process, one can easily achieve above market returns. Short term gains, sustainable income and long term growth can all be provided by Canada’s real estate market if the investor can correctly target and time their investments.

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Keyword: Investing in Canada Real Estate Market

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Ben Hirsh is an expert on Woodstock GA real estate and has an excellent website all about Woodstock real estate which features a Woodstock GA MLS search, the Woodstock GA history page, and much more.