Canadian retirees find luck in real estate in Valley of the Sun

The fact that so many Canadians are looking for real estate investments in Arizona should be an indicator that real estate in the area is improving. And it obviously shows that Canadians are very familiar with why now is the best time to buy. At the very least, there are some insanely cool bargains and investment returns, particularly in Phoenix, right now. Phoenix real estate costs are at their lowest point in about a decade. Also, the loonie is winning. If you are Canadian and planning to retire, you will never pass up this opportunity.

Canadians recently beat Californians as the number one out-of-state real estate investor in the Phoenix area. You will usually see the Canadian flag along the houses in the San Tan Valley in Mesa. The Canadian dollar has been on the rise, going from an average of 80 cents on the US dollar to 97 cents. Meanwhile, property prices at the location have dropped roughly 50 percent since their peak in 2007.

Lenders generally do not offer financing, as Canadians have no credit history in the US, and you cannot borrow from Canadian lenders on property in the United States. However, there are now a growing number of property management services and real estate firms targeting Canadian investors. These establishments were developed to help Canadians who want to buy homes in Arizona. So if you are looking to retire in the area, it is now much easier to do so.

In addition to the simpler process provided to Canadian home buyers, there are many more benefits to retiring in places like Phoenix and Scottsdale. Let’s not forget about forgivable weather. Some Canadians make this their main reason they want to retire in Arizona, along with the ridiculously low price, of course.

While it is a bit chilly in Arizona, frosts are not common at all and, if they do occur, they are extremely brief. Winter afternoons will only require light winter or fall will attract max. Sunlight encourages a wide range of flowers and plants to bloom even during winter. The valley is full of life even in the coolest times of the year.

For sun lovers, Arizona is the place to be. But if you do not like the heat very much, most of the establishments and homes in the area are equipped with air conditioning. Even stadiums have that. Another way to cool off is to head to Flagstaff or Payson, which are dotted with pine trees.

Playing golf in Arizona is particularly a favorite with locals and foreigners alike. Southwest Scottsdale and North Mesa offer a wide range of landscapes and views, be it nature or the city lights. Retiring in those places is definitely paradise. Not only can you enjoy golf, but you have many other options in Arizona. Gilbert is a well-populated place with all the restaurants and shopping centers for those who are also looking for a bit of excitement here and there.

You may be lucky enough to retire in Arizona if you start looking now. Find a Phoenix real estate agent who is prepared to commit to working full time with you and becoming your personal guide to Arizona properties.