Two advisors say David and Anne should be able to purchase a condo stateside, but they must be aware of U.S. tax laws
Real estate, private equity and hedge funds remain the preferred alternative types
Institutional investors plan to expand acquisitions over the next year with a strong appetite for domestic properties
Initial $370 million investment
Canadians are smacking their lips over the historically low property prices stateside, but understanding the red tape is key
Low borrowing costs contribute to a sharp rise in demand
Negative credit trends not expected to reverse themselves in the near to intermediate term
Offering to close Sept. 9
Sector challenged by scarce money, limited buyers
Prices are down by as much as 40% in Florida, but Canadian buyers must be aware of tax, estate and other implications