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Feb 23
2011
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My Read on the Mexico Real Estate MarketPosted by Ventana Magazine in Untagged |
The recent news that we are no longer in a recession in the US was some welcome positive news that has been long awaited. Of course, statistics are one thing, and our own personal reality is something else. Many people are looking around them and still see depressed real estate markets in the US. Canada actually has a very strong economy with real estate prices increasing in many of the prime markets. They continue to look at Mexico as a great warm-weather place to own a second home. The Mexico housing market has seen a good drop in prices, but the prices haven’t fallen so much as to create an unstable real estate market as in the US.






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By Daniel Little at 
The closest of Mexico's Pacific beach resorts to the U.S. West Coast, Mazatlan is a favorite winter destination for snowbirds who love its casual, sometimes gritty atmosphere, low prices, fresh seafood and miles of golden beaches. Many Canadians and West Coasters return year after year, settling in for a couple of weeks or half a year, drawn back by a city that is, in turns, gritty and glamorous, calm and frenetic, dishearteningly ugly and quietly beautiful.

