For foreign buyers — especially from Canada — purchasing real estate in the United States can be fairly simple. With the U.S. dollar falling in value against many foreign currencies, American real estate markets are inexpensive now compared with 5 to 10 years ago. The current U.S. real estate recession means homes can be purchased for 50-60 cents on the dollar when considering dollar depreciation. A Canadian buyer can purchase a nice home with amazing views in Tucson AZ for $250k. Ten years ago, with their currency devalued and home prices up, the same homes would cost 120%-130% of what they cost now. Essentially, homes are now on sale for 50% off! This is why interest in American properties is rapidly growing. So how do you obtain a home in the United States?

Looking to buy a second or winter home in Arizona? Think Phoenix is your only option? Want world-class desert landscapes, golf, and services? Think Tucson Arizona for all this. Many Canadians think that Phoenix is the only option if they want to purchase a property in Arizona for winter. While Phoenix does offer some opportunities, in my opinion, Tucson offers advantages Phoenix cannot touch. Tucson is a much smaller city than Phoenix. The population is just over one million, which is comparable in size and growth rate to Calgary, Alberta. Tucson has world-class golf year round. The Accenture World Match Play Championship draws a large crowd, and is a very prestigious tournament. Tucson is also home to the annual Gem Show each February, which brings in super-sized crowds every year. Tucson is home to spring training for the MLB, and is roughly a one-hour drive from the Mexican border for quick day trips into Mexico.