Community Property Type Price Min Price Max Beds Baths

Foreign Buyers and Sellers

Sunny weather.  It’s the number 1 reason visitors come to Greater Phoenix.  The Valley of the Sun basks in sunshine during 85 percent of the daylight hours — more often than any other major metropolitan area in the United States.

Greater Phoenix’s average annual temperature is 72 degrees and the average annual high is 85 degrees.  The average high in winter is 67 degrees, and highs frequently flirt with 80 in the spring and fall.  And it doesn’t rain much — less than 8 inches a year – which means the weather is ideal for hiking, lounging poolside or watching a spring training baseball game.

With our unique Sonoran Desert climate and abundance of shopping, dining, entertainment, and outdoor activities, it’s no wonder thousands of seasonal visitors call Phoenix home during the winter months.

The recent decline in the housing market, coupled with a weak American dollar and simplified purchase requirements, makes Phoenix real estate and Scottsdale real estate particularly attractive to Canadian home buyers.

Is it a great time to consider investing in an Arizona vacation home or Arizona investment property?  YOU BET — but the market is transitioning, so don’t wait too long!

After years of depressed prices and record-setting inventory levels, it’s widely recognized that the Phoenix real estate market is in full recovery.  Still, my Canadian clients consistently express their amazement at what their Canadian dollars buy in Arizona real estate compared to what they’re accustomed to north of the border.

A favorable exchange rate, low property tax rates, and the fact that no sales or transactional tax is charged on Arizona real estate transactions further fuel the market.

Contact me before you get too far into the purchase process!  I’ve worked with dozens of Canadian home buyers and even a few Canadian sellers of Phoenix real estate and I can offer numerous resources and expert advice to assist non-U.S. citizens in understanding some of the issues relevant to foreign home ownership in our market.

Justin Lombard

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