The Jerusalem Post is reporting that Israeli investors invested $1.15 billion in US income producing properties in 2010. Full story here.
The article mainly focuses on commercial property deals rather than the residential market that I specialize in.
But if their are any Israeli investors who are considering purchasing some rental units here in the Scottsdale or other Arizona cities remember if you want easy communication with your real estate agent on the transaction I am fully fluent in Hebrew. From age 3 months to 18 years old I lived in the beautiful seaside town of Ashdod, Israel.
While I am on the topic of foreign real estate investors for the next 5 days I will be in the also beautiful Toronto, Canada. So if any of you Canadians want to discuss the opportunities for either vacation or investment properties here in Scottsdale just give me a call, local rates may apply!