Puerto Vallarta, Mexico - In this crazy time we are living in, when many of us are sequestered in our homes, I have received a lot of requests for an update on how the local Real Estate Market is looking in the Bay of Banderas and outlying areas.
As you can imagine, many of the local residents returned to the US or Canada when the borders were closed for any non-essential travel. Our agents were in the middle of a very healthy real estate season, closing sales and enjoying our fabulous bay until we had to close our offices.
Last week, Google Trends showed searches for 'Puerto Vallarta Real Estate' rise by 82%. This is great news! Personally I believe the market is still going to be healthy and will pick right up again as soon as we can safely get things back together.
The Puerto Vallarta and Banderas Bay real estate market has some incredibly beautiful and reasonably priced properties available right now. New Buyers can take advantage of the current exchange rate of 23 pesos to the US Dollar. This means lower mortgage loan payments and closing costs for homebuyers, and lower HOA fees for condominium buyers.
Now might be a great time to consider a Virtual House Hunt using the tools for property searches on our website. You can search all of the great developments and properties we have online, and also search the entire Bay of Banderas MLS system from TimothyRealEstateGroup.com.
If you see a home or condominium that you would like more information on, please let us know and we can either send you a 3D virtual tour or video to give you a closer look at the property and its details.
Our agents are working from home so if you would like to reach us you can call +52.322.223.5300 or email us at inspired(at)timothyrealestategroup.com
Please be safe and careful. We are looking forward to seeing all of our friends and clients back in Puerto Vallarta soon.
The number one selling and listing agency in the greater Bay of Banderas region since 2011, Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the city's Romantic Zone. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate and, with 5 sales offices around the bay, we know our communities well. If you are looking to sell or purchase a property in the Banderas Bay area, please contact one of the Timothy Real Estate Group agents for the best experience in Puerto Vallarta real estate. For more information, visit TimothyRealEstateGroup.com.
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