by kramoltz@hotmail.com | Sep 9, 2016 | Global Buyers + Foreign Investment
Foreign buyers pay nearly twice as much for a U.S. home when compared to the overall U.S. average house price, according to NAR’s 2015 Profile of Home Buying Activity of International Clients. That indicates that a large number of the homes bought by global buyers are...
by kramoltz@hotmail.com | Sep 2, 2016 | Global Buyers + Foreign Investment
Perhaps because of property value increases here and the strength of the U.S. Dollar, more and more U.S. homeowners are looking to purchase in other countries (sales have increased 233%). The countries that generated the most interest were Canada, Mexico, Costa Rica,...
by kramoltz@hotmail.com | Aug 29, 2016 | Global Buyers + Foreign Investment, Real Estate Facts & Figures
Canadian buyers accounted for about 6% of the homes purchased in the metro Phoenix area at their peak in April of 2011. Then the Canadian dollar was worth more than ours, and Canadians were purchasing at the bottom of our market. Today, the U.S. dollar buys around...
by kramoltz@hotmail.com | Aug 10, 2016 | Global Buyers + Foreign Investment
Resident foreigners accounted for 59% of all of the U.S. residential real estate bought by international purchasers, compared to 41% for nonresident foreigners. In previous years the proportions were close to 50-50. I couldn’t find any explanations for the change, but...
by kramoltz@hotmail.com | Aug 2, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
U.S. real estate purchases by Canadians used to lead the way in U.S. international sales, but that’s not the case anymore. Chinese buyers represented 45% of all purchases totaling $27 billion in sales, followed by Canada ($8.9 billion), India ($6.1 billion) the U.K....
by kramoltz@hotmail.com | Jul 18, 2016 | Global Buyers + Foreign Investment
Waning economic growth in many countries, higher home prices and the strong U.S. dollar resulted in a slight decline in international sales dollar volume in the U.S. over the past year, according to NAR’s Profile of Home Buying Activity of International Clients....
