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The New City of Kino & The Kino Bay Resorts
CBS News on Mexican Real Estate
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"Mexican housing markets boom despite US crisis"
(The Associated Press)
By Theresa Bradley, Associated Press Writers
Mexican Housing Markets Boom, Leads Latin America Despite Crisis in United States
MEXICO CITY (AP) -- In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash... (To read the entire article, please click on this link: "International Herald Tribune").
Latin America's resilient housing market
By Michele Wucker
New York: As the consequences of the sub-prime mortgage meltdown in the United States spread through global markets, will one of the most positive trends in Latin America – the expansion of local credit markets, which has dramatically expanded access to homeownership throughout the region, be jeopardised?
Big multinational banks and mortgage lenders have moved into markets across Latin America, providing financial services that allow lenders to better manage risk (click here for more...)
Beach Property Developments in Mexico
In 2007, the market for beach property developments continues to be bouyant with estimated sales earmarked around 10,000 units. "The boost in the industry is due to foreigners buying houses worth more than US$40,000 and midde- to upper-class Mexicans wanting to have their own weekend home," explains Alexander Georgelos, a realtor with ReMax del Mar... Diverse projects are in the works practically all across the nation's major tourist destinations (click here for more...)
New Beach Property Developments in Mexico
... Big companies, armed with the necessary financial muscle, are turning Mexican beach areas into luxurious resorts that provide every service under the sun to create a unique holiday/living experience. According to industry experts, the market has become much more demanding in how and where people want to spend their free time and developers are in turn responding to this call ... (click here for more...)
