The research from ATTOM Data examines property ownership across the state. It finds more than 162,069 single family homes in Arizona are owned by out-of-state investors. Of those investors, about one in three calls California home.
Trailing California are investors from Washington, with 11,409 homes, and Texas, with 9,614 homes. The lowest number of homes owned by out-of-state investors include Washington, D.C., with 136, Mississippi, with 122, and West Virginia, with 93.
The research firm says Maricopa County has the most out-of-state investors in the country. The other top counties include: Clark County, Nevada (Las Vegas); Lee County, Florida (Cape Coral); Cape May County, New Jersey (Ocean City); and Wayne County, Michigan (Detroit).