It’s a buyer’s market in PV that we’ve never before witnessed and will probably not see again in the future. There are currently hundreds, if not thousands of incredible finished condos available on the market at rock bottom prices.

Mexico mortgage loans will show solid growth in 2010, according Mexico’s largest bank, Grupo Financiero BBVA Bancomer.
The news fuels expectations that expanding Mexico mortgage loans will ignite the Mexico real estate market in 2010.
Speaking at a press conference last month, Ignacio Deschamps, Bancomer’s president and chief executive, said “Credit will grow in a dynamic way at Bancomer in 2010 … we will seek double-digit growth in all of our portfolios”.
Deschamps expects Mexico mortgage and small business loans to grow more than 20% in 2010.
Earlier in 2009 the federal government-backed mortgage …

Riviera Nayarit, Mexico was recently recognized as one of the top locations in the world to buy a vacation home. The list was compiled by Kevin Brass over at the International Property Journal, and covers the top 10 locations worldwide to buy a vacation home. Brass points out in his article that the locations were chosen with a bias towards American buyers, though,  so locations which might be favorites of Europeans, but not Americans, were left off the list. Brass also gave preference to locations that are not overly commercialized.
Brass …

In the last year and a half, we have seen a dramatic change in the global economy. Not just the stock market, but all critical business and real estate sectors have suffered. In fact, even the richest people in the world have gotten poorer just like the rest of us. The economical leaders have lost 23% of their wealth in just the last 12 months. To emerge in a new economy requires radical shifts of thinking and investing.
The US State Department estimates that there are 385,000 Americans permanently living in …

Confidence in Mexico real estate investment reaches new highs as financial services giant, Prudential, looks to raise $501 million to spend on industrial property and developments in Mexico.

At first blush David Hornick appears to be the most unlikely candidate to be spear-heading a housing development in the state of Oaxaca, one of the southernmost and poorest states in Mexico; his Spanish is sparse to be generous, until earlier this year he had never ventured to this part of the country, he’s never designed or built a home, and he’s lived virtually all his life in Schenectady, New York, leading a more or less typical, middle-class existence.
But Hornick had a vision, born of other life experiences which made …

How the wise real estate investor can win during a budget cut.

Over the course of the past decade, Mexico has looked as if it was headed for economic disaster more than once. Each time, this amazing nation pulled in its horns and went to work using one of the oldest and most successful economic strategies in the world – and they learned it from their neighbor to the north. Today, we call this strategy “creating infrastructure projects.” Some call it “make work.” A few old timers still remember what the U.S. called it when they used the concept to help pull …

No one wants to invest in real estate in a country that is on a fast track to nowhere. Everyone wants to invest in real estate in a country that works tirelessly to build its reputation, resources, and opportunities around the world. Such is the case with business-minded Mexico and its new found determination to form a trade pact with Brazil.
At the present time, Brazil and Mexico are responsible for approximately 70% of all of the economic activity in the region. Brazil has the 8th largest economy in the world. …

Chiapas has got to be one of the most beautiful states in Mexico, and Tabasco one of the most varied in types of activities to be found there. These two states also have wonderful areas where it is cool enough to spend the entire summer away from some of the hotter parts of the country. Unfortunately, many potential investors have passed them by because they remember the devastating floods in both Tabasco and parts of Chiapas. That need not be the case anymore.
As of 2009, over $3 billion pesos have already …