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Jonathan Dalton
REALTOR
ePro, SFR
602-502-9693

Arizona Republic Finds Canadians Buying in Arizona

Arizona Republic Finds Canadians Buying in Arizona

Jonathan Dalton, Phoenix Real Estate AgentFrom the Arizona Republic this past week:

Canadians have long been interested in Arizona as a tourist destination, but the recent decline of the U.S. dollar combined with the slumping real estate market is giving them more reason to stay longer and buy property in Pinal County and other parts of the Valley.

Of course, since you read this blog you know we’ve had Canadian buyers looking in the Phoenix real estate market for several months. It only took this long for the Republic to notice and make it official.

Three quick notes:

1) I wonder if the sales office at the builder or the people running the seminars up there are telling folks the tax structure in Pinal County is significantly different (read: higher) than in Maricopa County?

2) I wonder if folks are looking at a map to see where Florence is in comparison to small amenities … like the airport.

3) Sellers – before you call your agent demanding they find Canadians to buy your home, know that most Canadian buyers are searching for particular types of properties – homes in areas with community amenities, views, this sort of thing. It’s a broad generalization I know, but not every home is going to be of interest as a second home.

One last note … not every agent is able to market regularly to our friends north of the border. Traditional marketing methods (direct mail, glossy magazine ads, personal agent network, etc.) ain’t gonna do it. Your home needs to be where the Canadians – and everyone else – is looking.

[tags]Canadian real estate, Phoenix real estate[/tags]

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No Comments

  • Francy says:

    Due to the Canadian Real Estate market – which appears to be much the way ours was back in 2005 – I think more Canandians have become aware that they *can* buy property here. Every week we talk to someone who has questions about how they can obtain U.S. financing (note to Shailesh: Want to do another guest blog for us?).
    I think that as long as Canada has snow and Phoenix has daytime winter highs over 40 degrees fahrenheit – we’ll see our friends from up north investing in the local real estate market.

  • Brian Brady says:

    “Your home needs to be where the Canadians – and everyone else – is looking.

    The internet, obviously.

    Canadians might consider entering “canadian investors american mortgages”, into Google, for financing information 🙂

  • What’s interesting Francy is the domino effect, as it was explained today by a couple from Edmonton. One buyers, then a friend buys and soon there are multiple folks from the same sphere in the same neighborhood.

    You see this a lot in Westbrook Village and probably in some of the retirement areas over by you.

    Brian … nice plug. But you get it done so I don’t object.

  • Brian Brady says:

    Did you try it? Some damn scraper took over #1 and #2!

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