by kramoltz@hotmail.com | Feb 28, 2015 | Global Buyers + Foreign Investment
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,...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
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...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
Once again the value of the Canadian dollar has skyrocketed. On February 28 it rose to almost 1.03 dollars U.S. This means Canadians will get more for their money when buying real estate in the U.S. The Canadian Press reported that the closing value of 102.94 Canadian...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
Once again the latest numbers show that Canadians bought more U.S. properties than the citizens of any other country in the U.S. last year – almost one-quarter of the real estate purchased by citizens of other countries in the United States. A few blogs ago I...
by kramoltz@hotmail.com | Feb 28, 2015 | Global Buyers + Foreign Investment
In Part 1 I discussed the participation of non-U.S. citizens in our real estate market. Foreign buyers have traditionally been a significant part of the residential market in select states. Arizona has been one of those favored states, and should be even more...
by kramoltz@hotmail.com | Feb 28, 2015 | Global Buyers + Foreign Investment
Long before our latest market struggles, there has been a history of foreign buyers for U.S. residential and commercial real estate. But figures from the 12-month period ending the first half of last year show that nationally, international investors bought 10 percent...
