by kramoltz@hotmail.com | Feb 25, 2016 | Global Buyers + Foreign Investment
What percent of Arizona’s population was born outside of the U.S.? You might assume that due to our location by Mexico and our popularity with Canadians that the percentage was large. But according to the last U.S. Census that amount was 13.5% for Arizona....
by kramoltz@hotmail.com | Jan 22, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
The contribution of international purchasers to our real estate market is highly dependent on currency fluctuations, and the strong dollar is keeping foreign buyers away. Particularly hurt are Canadians, whose currency is worth around 60-65 cents U.S. Taking their...
by kramoltz@hotmail.com | Jan 15, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
For the first time the Phoenix area appeared as one of the top 10 areas for foreign commercial investment. Last year a couple of large purchases by Artis REIT, a Winnipeg, Manitoba company, helped push the Valley of the Sun into the record books. Besides Canadians,...
by kramoltz@hotmail.com | Dec 16, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
Home buyers from Ontario – my home province – have traditionally been the most active home purchasers of east coast U.S. homes. Ontario is located roughly above New York to Minnesota, so its logical that its residents would be oriented towards Florida and...
by kramoltz@hotmail.com | Dec 4, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
U.S. lenders will loan to international purchasers, but there are significant limitations. For example, the list of “qualified foreign nationals” is usually restricted to Canadians, Aussie’s, and other English speaking former U.K. colonies. The good news is that...