If you’ve already heard of the hordes of Canadians traveling to Arizona, there’s good reason for it. While the weather in Canada is usually heavy with snow and temperatures below freezing, in Arizona it is usually full of sunshine. But could it just be the weather? There are many other reasons. Arizona has become a buyer’s market not just for Canadians, but even for buyers across the United States. There are numerous purchasing opportunities with a wide range of options, including single-family homes, townhomes, and golf course and resort properties.
The weak US dollar
The weak US dollar has simply made it easier for Canadians to find gold in Arizona real estate. For example, there are a lot of taxes on gas and liquor in Canada, so it has always been more affordable in the US And now, with the Canadian dollar strong, the outlook is even bigger in the real estate field. Either Canadians arrive in droves during the winter or decide to live permanently in Arizona. In fact, it appears that one in three people in the Phoenix area is Canadian.
At the peak of things, there has been a 17.5 percent rise in the Canadian currency against the US dollar. It has turned out to be a remarkable year for Canadians, however if you haven’t booked or booked yet it might be worth doing now. Some sites even turn tourists away because they are full.
Trade links between Canada and Arizona were initially characterized by vegetable crops in the north and timber in the south. However, the interconnectedness has grown much deeper in the previous two decades. Arizona is gradually becoming a leading state in optical and photonics research, aerospace, life sciences, and development. Consequently, this has produced many more business and academic trips between Arizona and eastern Canada. Today, there is a great link between Montreal, Toronto, and Ottawa with Arizona that never really existed several years ago.
Foreclosures and new developments have such attractive costs right now that it wouldn’t make sense to turn them down. Typically, many resale properties are priced above market value. Arizona offers properties for various Canadian lifestyles, including townhomes and condos for those escaping the winter, low-cost homes under $ 150,000 for families on a budget, gated communities, resorts with golf courses “in the yard. rear “and even multi-million dollar palaces built into the mountainside, surrounded by a natural desert landscape.
Canadians entering Arizona Real Estate not only benefit from the wide range of attractive homes, they are particularly impressed with the value they obtain. In fact, properties that are priced at $ 250,000 in Arizona would currently be around $ 750,000 in Canada. That’s a big deal considering the type of properties you get. For example, Canadians in the area can enjoy playing golf at any of the hundreds of golf courses in Phoenix.
Currently, there are a number of special programs for Canadian snowbirds seeking homes in areas of Arizona that are considered the best destinations for golfing and other leisure activities. The goal of these programs is to make the transition to home ownership in the US easier and faster for interested Canadian buyers. Another reason these programs exist now is to further secure economic ties between Arizona and Canada. There has been remarkable support for successful amenity services that focus on vacation travelers. You can see their efforts with the Montreal to Phoenix nonstop flights very recently, and the developments will continue for years to come.
This comfort on the journey will be welcomed by those who want to escape the cold winters. This makes locations in Arizona like Phoenix more attractive to those planning to stay half the year in Canada and the other half in the warmer parts of the U.S. Not only does it have that, one can enjoy the speed with the they receive from their home to their second home.