Albertans hold the lead in buying Arizona property

The number of Canadians  buying property in Arizona has nearly doubled from 2009 to 2011, according to a local Phoenix market reserch company, with Albertans holding the lead. And today’s stormy global stock markets  may be spurring even more and younger Canadians to invest in the beleaguered sunbelt’s housing market. Here’s an update on the Phoenix real estate market and some people who’ve decided to park some savings in U.S. real estate and ride out the storm.