Where do Foreign Buyers Come From?
According to Listhub.com, Mexico, India, Iraq, the Philippines and China are the top 5 countries buying Arizona real estate. These results are contrary to historical trends according to the National Association of Realtors. Mexico has long been part of the top 5, but so has Canada and the United Kingdom – who have been bumped out by new comers Iraq and the Philippines. My guess is that those countries won’t stay there for long, and Canada and the UK will take their place in the top 5.