I have noticed a recent trend of Canadian investors making the news in U.S. publications. I had previously posted that in some U.S. markets Canadians are currently making up the majority of buyers. Further evidence of this was recently published in National Real Estate Investor. In the article "Apartment Investment Sours in Phoenix, Florida Markets" it stated that a recent trend in the Phoenix market is the arrival of Canadian buyers to purchase 20 or so condo units unsold from projects of about 200 units. It noted that discounts of 30% to 40% are achieved on some of these bulk sales.
CrossBorder Books
Favorite Links
Recent Posts
- Blast Radius adds new offices in the U.S.
- Stork Craft Moves Office to Bellingham
- Viva Pharmaceuticals To Build Facility in Blaine
- IMF Praises Canada
- Paul Volcker and the Canadian Banking System
- Canada Is Getting Recognition - Cont.
- Canadian Companies Still Expanding in the US
- Canada Is Getting Recognition
- Canadian Investors Make News
- HTnaturals Opens First U.S. Retail Location
« HTnaturals Opens First U.S. Retail Location | Main | Canada Is Getting Recognition »
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Comments