Canadian homeowners have recently been selling off their Palm Springs real estate and making a healthy profit.
Due to the low Canadian dollar, it can mean selling off U.S. real estate now can result in substantial financial gains. Right now, if a Canadian was to sell their Palm Springs home for $100,000 U.S. it would make about $141,000 Canadian based on today's exchange rate.
"We've been recently swamped with calls from our past Canadian clients looking into selling their Palm Springs' homes" says local Palm Springs real estate agent, Paul Kaplan, "many bought during the recession in the Palm Springs market, taking advantaging of unusually low real estate prices. Now that prices have recovered, they're taking advantage of the financial
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