US-Canada Border just opened - Are there enough inventory in the Market?

US-Canada Border just opened - Are there enough inventory in the Market?

If you have any thoughts of selling, are you ready with enough inventory in South Florida for the Canadians?

Now, how does this affect you? You know last year because of the COVID, a lot of Canadians couldn't come.

We call them Snowbirds, they couldn't come because of the restrictions. The border was closed. But now on November 8, 2021, the border is opening and a lot of Canadians they buy their retirement homes, second homes throughout the country, but especially in South Florida.

Let me give you some numbers. And the numbers are actually here. 

In 2019, 1 million Canadians spent $1 Billion in the US, in 2020, 257,000 Canadians spent $325 Millions in the US. So now this year, of course, naturally, we are expecting more Canadians going to come to the US and they will buy their second home or they will buy their retirement home. And what place can be better than South Florida?

Look, the weather, the tropical weather, the taxes compared to any other places, New York, California, or Nevada.

The taxes in Florida are way cheaper than any other state. So the weather, taxes and the prices also. We still have lower prices than a lot of other parts of the country. So you will see this winter a huge number of Canadians coming to South Florida and they're investing over here. So my question is, are you ready?

If you have any thoughts of selling, this is the time. Give us a call. We'll be glad to discuss this in detail. Being in Remax, we have international connections, especially with Canada. We can connect you with tons of Canadian investors to get you the highest and the best price for your home.