Canadian home buying in Ariz. up and down

canadianBy Trevor Godfrey | East Valley Tribune

Much ado has been made of the real estate market in Arizona over the last decade. From good times and “McMansions” to a terrible rock-bottom scenario after the real estate bubble disaster, it has been a long ride.

One demographic kept buying houses throughout the economic turmoil — Canadians.

Coming mostly from Alberta and British Columbia, residents from the “Oil capital of North America” fled the cold (as well as housing prices nearly double, per square foot, the prices down here) to escape the winter and relax in the Valley of the Sun.

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