With the Canadian dollar hovering around par with the U.S. dollar, buying Florida homes seems to be a nice investment for many Canadians (The Canadian dollar was worth only 80 cents three years ago). Also Canadians benefit from a continued strong housing market and increasing home equity.

According to the Canadian Real Estate Association, overall home prices grew 11 percent in 2007 to an average of $307,265, and they are expected to rise an additional 5.3 percent in 2008.

A Canadian bank has also made it easier to secure a mortgage. It set up a program that allows Canadians to buy U.S. property worth up to $2 million with a down payment of less than 25 percent!

More From Bradenton Real Estate

• A star is born
• Floridians optimistic about housing prices
• Buying a Home – The 3-P-Rule

Bradenton Real Estate Recommends

• Green Technology in 2011 Made Huge Leaps  (U.S. Green Technology)
• Fresh Healthy Vending Feeds Green Franchise and Job Opportunities  (U.S. Green Technology)

Ask Bradenton Real Estate To Recommend Your Posts