Recent Posts: Global Buyers + Foreign Investment

Post Image

Canadians still love the U.S.

Overnight travel by Canadians to the U.S. for business and pleasure increased each month during the eight months prior to May 2017. And between Jan and April of this year, Canadians made 4.8 million non-business trips to the U.S., an increase of 6.3% over the same period in 2016. The increase in April alone over […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Foreign Purchases Expand Across The U.S.

Foreign investment in residential U.S. real estate has skyrocketed according to the 2017 Profile of International Activity in U.S. Residential Real Estate. In the 12 month period from April 2016 – March 2017, 284,455 homes were bought by foreign buyers (up 32%), for a total sales dollar volume of $153.0 billion – up 49% from […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Strong Global Interest Continues.

The National Association of Realtors has released a report that shows strong foreign interest in U.S. commercial real estate in 2016. According to the report, one-fifth of commercial REALTORS® closed a cross-border commercial real estate transaction with an international client last year. The top countries buying here during 2016 were China (17%), Brazil, Canada, France […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

The Global Cities Initiative.

Phoenix is one of 28 U.S. cities selected for the Brookings Institution’s Global Cities Initiative and its Exchange – a network of metro areas developing regional strategies to boost global trade and investment. It involves the creation of an integrated export plan and a foreign direct investment plan, designed to forge partnerships between U.S. and […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Where the Foreign Students Are.

Foreign students (or their parents) constitute a significant amount of the global buyers of Arizona homes, and over 22,000 are attending higher education institutions here. About 12,800 are attending Arizona State, 5,000 at the University of Arizona, and 1,300 at Northern Arizona University. The top 5 countries of origin are China (35%), India (19.8%), Saudi […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Foreign Trade Zones in Az

Did you know that Arizona has ten (7 are active) EB-5 Regional Centers? It puts foreigners on the path to citizenship in exchange for significant contributions to the U.S. economy. Its an ideal way for high net worth global immigrants to get a green card and contribute to our economic welfare. For details on the […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Mexico is Numero Uno.

Of all high-net-worth foreigners owning homes here, Mexicans own the most. 14% of this income group are landholders in the U.S. Next is the Bahamas at 13%, England is third, and France comes in at fourth place. I’m a little suspicious of the Bahamas stat. My guess is that the true owners of these second […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Chinese are the Number One Spenders.

Chinese visitors spend more in the U.S. than any other international traveler. The strong Chinese economy and the resulting increase in disposable income is one reason why. The creation of the 10 year visa in 2014 has also been a contributing factor, as it has allowed Chinese to travel to the U.S. more frequently. Not […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

U.S. Real Estate a Good Deal.

U.S. housing markets are the most affordable in the world, at least according to a study of more than 300 metro housing markets in 9 countries conducted by the research group Demographia. Their researchers measured affordability by median home prices and household incomes. U.S. housing markets were found to be more affordable than Canada, the […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Scottsdale is in France.

The Scottsdale Area Association of REALTORS® is showcasing Phoenix area real estate at the MIPIM Conference in Cannes, France this month. SAAR is one of a handful of Realtor organizations that is part of the USA pavilion, hosted by the National Association of Realtors. For 2017, NAR has expanded its MIPIM exposition footprint, allowing U.S. […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

The Top 10 Countries Doing Businesses in Arizona.

Although there is periodic reshuffling in the order of the countries below, one thing doesn’t change. Canada is always is always ranked number 1. And despite our proximity to Mexico, typically there are several European countries that have a larger business presence in Arizona. 1. Canada; 2. UK; 3. Germany; 4. Japan; 5. France; 6. […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

U.S. Named Hottest Global Housing Market.

In a survey of 14 countries, the United States showed the most promise for highest returns for investors according to real estate advisor Savills. Their researchers analyzed factors like population growth, rising wealth, and limited housing supply to determine which market offers the potential for the highest price increases over the next five years. The […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Chinese Investment Soars.

Over the last 5 years, Chinese nationals have invested over $150 billion into the U.S. housing market, pouring in $28.6 billion in 2015 alone. Supplanting Canadians, Chinese are currently the biggest foreign buyers of American homes. While Chinese buyers purchase both residential and commercial properties, $23 billion was spent in commercial real estate and $127 billion […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Get International Exposure!

SimplySOLD™ advertises its listings globally through ListHub, which distributes to the world’s largest international websites in Australia, Europe and Asia. These market-leading websites reach consumers in China (4 websites!), Australia, Italy, Luxembourg, France, Germany, Malaysia, Singapore, Hong Kong, Macau and Indonesia. The international property section of those websites provides users with a localized search experience, […]

Area: sqft Bed Room:  Price: 
City:  Location: 
Post Image

Title Insurance In Mexico, Part 2.

In part 1, I pointed out the importance of title insurance when purchasing property in Mexico. It isn’t automatic like the U.S. and Canada, so you have to check. I also noted what risks should be covered. And another thing to look for is that the title insurance company will defend your rights in court, […]

Area: sqft Bed Room:  Price: 
City:  Location: