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This issue of Global Perspectives in Real Estate focuses on the Canadian buyer in the U.S. market. There are many reasons other than the strength of their currency that Canadian buyers are looking to the south. Furthermore, their interest has expanded far beyond the typical Florida beach house. Find out more in Global Perspectives: Canadian Buyers.
In This Issue
When the U.S. market is down, buyers from around the world go shopping. It’s no secret that global buyers with strong currencies are snapping up bargains here, but did you know that Canadians lead the pack?
When you think of international buyers, do you think of our neighbors to the north? You should—Canadians bought a whopping $9.4 billion of U.S. real estate last year. They make up the largest group of foreign buyers in the U.S. residential market, and they’re growing each year.
Canadians make up the biggest contingent of foreign buyers of U.S. residential real estate. Could they represent a niche opportunity in your market?
If you’re in the Sunbelt, the answer is definitely yes. If you’re not, you may be surprised to learn there are pockets of Canadian expats and snowbirds in many other areas of the U.S. A little research on your part will be...