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International Home Buying in the U.S.

The latest Profile of International Activity in U.S. Residential Real Estate has been released by the NAR: https://tinyurl.com/y4xtsec2. The major foreign buyers are from China, Canada, India, the United Kingdom and Mexico, in that order. Arizona continues to be a top five destination for foreign purchasers, and is a preferred destination among Canadian and Mexican […]

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Buying a Oceanside Home in Mexico.

When purchasing coastal property in Mexico, a Fideicomiso is necessary. A Fideicomiso is a living trust format, used to circumvent the prohibition against the acquisition of ocean front land by non-Mexican citizens. Its probable origin is the fideicommissum originated by the Romans. It was created in order to avoid the strict regime that prevented non-Romans […]

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International Home Buying in the U.S.

The NAR has released the latest Profile of International Activity in U.S. Residential Real Estate. It shows that foreign buyers bought 266,800 residential properties, a decrease from 284,000 from the previous 12 month period. The major foreign buyers continue to be from China, Canada, the United Kingdom, India, and Mexico. The average price of properties […]

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Buy Homes Down South.

Homes listed for sale in Tucson and Puerto Penasco (Rocky Point), Mexico are available on the Phoenix area Multiple Listing Service. You can search in both those localities through our Home Search Page – or let us do it for you. Tucson is about 120 miles south of the Phoenix metro area. Rocky Point is […]

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Do You Know Who Dominates Our Trade?

Want to show your smarts? Try asking someone this question: who is the United States’ number one export partner? My guess is they will say China, Japan, Europe and depending on what part of the country you’re in, maybe Mexico. But the answer is in fact Canada. Although it may seem like trivia, the question […]

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Are Foreign Buyers Losing Interest in U.S. Real Estate?

Sales of homes to foreign buyers have been strong in the south and southwest for years. The National Association of Realtors®‘ 2012 Profile of International Home Buying Activity☼ showed that those sales equaled $82.4 billion for the past year ending March 2012, up from $66.4 billion in 2011. Due to low prices and the relative […]

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Foreign Ownership in U.S. Skyrockets!

The numbers are in, and non-U.S. citizens continue to pour money into real property purchases. According to the National Association of Realtors®, international purchases of residential property are up by $16 billion over the equivalent period in 2009-2010. This is according to the NAR’s 2011 Profile of International Home Buying Activity. According to the report, […]

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Buy a Home in Tucson or Rocky Point

For the first time, we now have access to homes listed for sale in Tucson and Puerto Penasco (Rocky Point), Mexico. This means that SimplySOLD can now offer his expanded and elevated level of service to our local, Canadian and international clients, and can find your second or vacation home outside of Maricopa County! The […]

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Foreign Interest in Arizona Property Remains Strong

The total dollar volume of the sale U.S. real estate to foreign buyers were estimated at $68.2 billion, according to the National Association of Realtors® 2013 Profile of International Home Buying Activity (http://www.realtor.org/topics/profile-of-international-home-buying-activity). As reported in my previous two articles on the 2012 Profile (Are Foreign Buyers Losing Interest in U.S. Real Estate?), and the  […]

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