Monday, March 01, 2010

Canada vs USA

We recently returned from our annual Keller Williams Realty Family Reunion.

Think of this as a high powered education conference where they give you a fire hose full of information to digest over a four day period.

About 7,500 agents come out with a dazed look of wow and enough information to digest for months to come.

One of the intriguing parts was an analysis of the U.S. housing market versus the Canadian.

Canada right now is touted at having the most secure financial system in the world.

The banks did not do exotic loans and regulators kept a close eye on the banking system.

The U.S., well we know what happened down here.

Why is this important.

Canada's housing market is continuing to climb with prices going up and a steady growth, not a boom but a steady growth.

Our market in the boom areas, such as Bradenton/Sarasota saw a skyrocket rise in housing prices and roller coaster ride to the bottom.

Keeping a tighter reign on financing is going to be key to avoiding the roller coaster and enjoying a pleasant smooth upward trend.

Greg Owens P.A.
Keller Williams On The Water
9541.932.6343
greg@teamworksfla.com
www.teamworksfla.com

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