Mike Petruccelli says;
In the especially troubled housing markets, foreclosures are down, four years into the housing crash.
But that's thought to be just temporary. Sales are up in Florida, but in some areas more than half of those sales involve foreclosures and short sales.
There's one group of home buyers, however, for whom market conditions couldn't be better: Canadians.
For Canadians, it is an investment and something more; a reminder in the depths of winter, they own a place where it's actually warm.
[They're] all looking at buying property to rent out today to generate cash flow. In most major centers in Canada, you can't buy property and be cash-flow positive. Not even close.
