Great question!  After giving this careful consideration, I have come up with a magic formula that will tell you the exact time to buy, right down to the day!  There are clearly some good buying opportunities right now.  Last year's global economic crisis, large inventory of available properties, and “swine flu” pandemic, brought fear and uncertainty in the marketplace.  Nobody wanted to be the one who “overpaid” for their home in paradise.  My experience is that sale prices here in general fell approximately 15 percent.  We are seeing a lot of buyers return to the market (December was one of our best months ever), but many sellers are still willing to negotiate in order to make a sale. 

By: Jim Scherrer,

Boomers in Mexico, Puerto Vallarta real estate, Mexico real estate, retire in Mexico, Baby Boomers, International Living
By Jim Scherrer,
Let’s start out by assuming that you’re a pretty savvy investor; your 401k, IRA, or personal investments have kept up with the S&P 500 average during the past ten years and you’ve lost only about 35% of your life’s savings! Did you realize that the Mexican Exchange Traded Fund (EWW) which represents the Mexican stock market, even though it was annihilated during the current recession along with all other markets throughout the world (but is recovering rapidly), has advanced by 200% during the same time frame? In other words, $100 invested in the S&P 500 in 1999 would now be worth $65, whereas if it were invested in the Mexican EWW fund it would now be worth $200. Please refer to the ten year graph in order to see the comparisons between these two areas of investment and perhaps you can speculate as to where might be the best market to place your next bet!

By: Jim Scherrer
Fifty years ago, before John Huston brought Richard Burton, Ava Gardner, and Deborah Kerr to Puerto Vallarta, Mexico to film “The Night of The Iguana”, Vallarta was merely a sleepy little Mexican fishing village nestled in the foothills of the Sierra Madres along the shores of Banderas Bay on the Pacific Ocean. Although the population at that time was only a few thousand friendly natives, the magnificent climate and incredible scenery was so inviting that Richard Burton and Liz Taylor fell in love with the village (and each other!) and bought a couple of “getaway” homes on the hillside overlooking the city. 

Puerto Vallarta, Mexico has become one of the most popular tourist resort destinations in the world. Because Vallarta is located along the Mexican Riviera on the Pacific Ocean, a substantial portion of these tourists arrive by boat; the majority in large cruise ships, however many come in their private yachts.