by kramoltz@hotmail.com | Nov 13, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
The number of Phoenix metro area homes bought by Canadian buyers has dropped by at least half compared to last year. As an example of how that trend has progressed, according to Mike Orr of ASU’s Center for Real Estate less than 1% of homes were sold to...
by kramoltz@hotmail.com | Oct 12, 2015 | Global Buyers + Foreign Investment, Real Estate Facts & Figures
Viewing the U.S. as a safe place to put their money, global home buyers preferred purchasing properties here over other countries. A California Association of Realtors® survey revealed that the vast majority (85%) of international buyers said they only considered...
by kramoltz@hotmail.com | Sep 3, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
For many decades Canada has been the largest importer of U.S. goods. Currently Mexico is 2nd and China comes in 3rd. But in the next two decades, China is expected to top Mexico as the second largest trading partner. That is because China’s share of U.S. exports could...
by kramoltz@hotmail.com | Aug 17, 2015 | Global Buyers + Foreign Investment
When purchasing homes, Chinese buyers may make decisions with numbers in mind. One number with significance to the Chinese is the number 8, which is believed to be a lucky number associated with prosperity and wealth. Condos or homes with the number 8 in them, and...
by kramoltz@hotmail.com | Aug 10, 2015 | Global Buyers + Foreign Investment
The emerging markets of Brazil, Russia, India, China and South Africa were identified some years ago as having economies to watch. They were coined the “BRICS”. The next countries to get that kind of name were Mexico, Indonesia, Nigeria and Turkey, shortened to...
by kramoltz@hotmail.com | Aug 5, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
In the 12 months ending March 15, Canadians were once again in first place, purchasing 46% of the homes acquired by global buyers in Arizona, according to the NAR 2015 Profile of Home Buying Activity of International Clients. Arizona was the second most popular state...