Million Dollar Home Sold Every Week in Phoenix

A Million Dollar (Plus) Home Sold Every Week for Last 2 Years in Phoenix, Arizona to a Canadian Buyer (Mostly for Cash)

PHOENIX–(EON: Enhanced Online News)
April 20, 2011 07:38 AM Eastern Daylight Time

For nearly two years, there has been a one-million dollar luxury home sold to a Canadian buyer every week in Arizona and the statistic does not reflect the total residential and commercial real estate categories where Canadians have been some of the most dominant investors and/or buyers.

“We’ve had a significant amount of Canadians purchasing our homes in the past twelve months and I believe they’ve responded to the tremendous values offered by our quality-built homes in communities featuring resort-style amenities”

“Not only are the Canadians buying luxury residential real estate in Arizona, the majority are cash buyers and the trend is increasing in all industry segments due directly to the 84 non-stop flights a week ‘in season’; there are over 600,000 Canadians coming to Arizona and this increased connectivity is having a direct impact on Arizona’s economic development, which now includes Canada as a major bilateral trade partner on the state and municipality levels,” said Canadian-born Glenn Williamson, Founder and CEO of the Canada Arizona Business Council.

“We’ve had a significant amount of Canadians purchasing our homes in the past twelve months and I believe they’ve responded to the tremendous values offered by our quality-built homes in communities featuring resort-style amenities,” notes Douglas Fulton, CEO of Fulton Homes. “Our esteemed neighbors to the north have helped to shore up the local housing market and we welcome them to our unmatched lifestyle and unbeatable investment opportunities.”

Contact Amy Koch to invest in the Phoenix Housing Market. [email protected]

http://eon.businesswire.com/news/eon/20110420005425/en/Canada/Arizona/real-estate-investment