Canadians See Kansas City as a Safe Real Estate Bet
It as long been known that many Canadians and residents from the upper half of the United States have been buying up property left and right in the sunny states like Florida and Arizona.
As the foreclosure market has skyrocketed in the sunny states, the Canadians have been lured to by the awesome values.
I had one client from Kansas City who went to sunny Phoenix to buy a winter home that would turn into a retirement home. When they made the move 10 years ago, not one of their neighbors was from Canada. Most were from states like Michigan, Illinois, Ohio, New York and so forth. When I met my client this past summer we were talking about their winter home. They said they don't know most of their neighbors. Most have had their homes foreclosed on and a Canadian had bought them.
During the past year, cities like Salt Lake, Reno and Las Vegas have been experiencing the rush of Canadian home buyers.
Now the Canadian home buyers are turning to 2nd homes and rental properties in Kansas City.
Why Kansas City?
The Canadians see Kansas City has a safe real estate bet. Kansas City has not seen the highs and lows as many cities have seen. Retirees like this because they are not looking for high risk growth. They are looking for a stable real estate growth which is what Kansas City has to offer.
In addition, Kansas City is central to the United States, whether they are heading to Washington D.C, Florida, Texas, Arizona, Colorado, California or back home, most trips are a short jaunt.
Kansas City also has a lot to offer visitors like the the new Kauffman Center for Performing Arts, American Royal, concerts at the Sprint Center, Nelson-Atkins Museum, Natural History Museum in Lawrence, shows in Branson and much more.
If you're a Canadian and looking to invest in a 2nd home or investment property in Kansas City, Contact the Dowell Taggart Team for a real estate packet.
RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?
Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty
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