Euros, Dollars & Yen- Oh My... America is a Bargain

First off... let me make one thing clear... the graphic notwithstanding, this is not a post about money laundering. It is, however, a post about international currency.

In a nutshell- the dollar's value against other world currencies is depressed. Quick facts:

• The Euro has been climbing upward. This year it hit an all time high agains the U.S. Dollar.
  
• The Yen? Also climbing
• Bonus Question...Which dollar is more valuable... U.S. or Canadian? Answer below.
  

The dollar is losing ground against other currencies. And yes, the Canadians own the most valuable dollar.

What does that mean for the United States with regard to real estate? It means the Europeans, Asians, Canadians and anyone else who trades in these currencies are seeing America as a bargain hunter's dream. I see it in my everyday business as a real estate investment agent. 

Note: Many predict that these trends can be short lived. The rest of the world is entering into the phase that America is currently in... that is- housing prices are on the down swing. For those outside the U.S. ... it's time to strike while the balance is in your favor.