For a change of direction, we're considering a real estate investment in the US. We've traveled to Arizona twice this year and are intrigued with the idea of an investment property. Gosh knows, money in the bank, here in Canada, is doing nothing. Might as well take a flier on something that appears to be bouncing along the bottom and looks like there may be some upside when (if) the US economy ever comes back. Back in April we did the tourist thing. Overnight trip to Jerome, Sedona and the Grand Canyon. Can't begin to describe the Grand Canyon. Beyond belief!
One problem about seeing awesome things is my better half likes to add a new physical challenge to the bucket list. Now she wants to hike to the bottom of the Grand Canyon and back. A twelve mile round trip trek...and the second half is ALL UPHILL!! Not sure that's ever going to happen. I was pretty tuckered after the Devil's Punchbowl hike at Spruce Woods Provincial Park this summer. An annual event for us. We did cross something off the bucket list a few weeks ago. Went zip lining in the Pembina Valley about an hour from home. What a blast!
Our most recent trip to the US was at the beginning of September. Arizona in late summer is not for the faint of heart. When we got up each morning it was already hot, 28°C and by noon it was FRICKIN' HOT 42-44°!! We looked at properties that are selling for prices that go back to the mid nineties. Less than half of the level that they reached before the bubble burst in late 2006. Another comparison is that we could duplicate our Bungalow by the Boyne for less than 1/2 of what we have into our Carman, Manitoba home. They whoever "they" are say AZ real estate prices are firming and already up a tick YTD. The search is on!
One problem about seeing awesome things is my better half likes to add a new physical challenge to the bucket list. Now she wants to hike to the bottom of the Grand Canyon and back. A twelve mile round trip trek...and the second half is ALL UPHILL!! Not sure that's ever going to happen. I was pretty tuckered after the Devil's Punchbowl hike at Spruce Woods Provincial Park this summer. An annual event for us. We did cross something off the bucket list a few weeks ago. Went zip lining in the Pembina Valley about an hour from home. What a blast!
Our most recent trip to the US was at the beginning of September. Arizona in late summer is not for the faint of heart. When we got up each morning it was already hot, 28°C and by noon it was FRICKIN' HOT 42-44°!! We looked at properties that are selling for prices that go back to the mid nineties. Less than half of the level that they reached before the bubble burst in late 2006. Another comparison is that we could duplicate our Bungalow by the Boyne for less than 1/2 of what we have into our Carman, Manitoba home. They whoever "they" are say AZ real estate prices are firming and already up a tick YTD. The search is on!
