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US Credit Card Debt Soars as House Prices Plunge
Dean Baker

The Federal Reserve Board reported yesterday that credit card debt rose at an 11.3 percent annual rate in November after rising at an 8.5 percent rate in October. By comparison, credit card debt rose at a rate between 2 percent and 4 percent from 2003 to 2005.

La Vida Resort - Setting the Bar Higher
Patrick Harrison

La Vida, a luxury oceanfront community just minutes north of Puerto Vallarta in the romantic seaside village of Bucerias, announced today that a limited number of five-year fractional yacht ownerships will be included with the purchase of your home.

Related International Unveils Plans for ICON Vallarta's Grand Tower
Business Wire

Related International has announced ICON Vallarta's third and final offering, The Grand Tower. Unlike anything ever seen before in all of Mexico, The Grand Tower will offer an unprecedented level of luxury while providing an expanded array of upscale amenities beyond what was offered in Towers One and Two.

Barefoot Luxury Living in Puerto Vallarta
Laura Gelezunas

There's a whole lot of construction going on in Puerto Vallarta and one of the most talked about developments has been the Molino de Agua, a beachfront development that offers barefoot luxury in the heart of the city.

Trends 2008: Go Green — With Paint and Energy-Efficient Items
Maria Cortes Gonzalez

The arrival of 2008 means it's time to take a look at what's new and what's old. Aside from following fashion trends, homeowners may not want to get caught with outdated colors in the walls and wallpaper of their homes.

MEXLend Mortgages for Mexico
Mexico's Leading Residential Mortgage Broker

Within the past year many lending options have opened up to foreigners seeking a mortgage, but only one Mortgage Broker - MEXLend - has been singled out for customer service.

Win a $1000 USD Shopping Spree at Lans
Patrick Harrison

Tropicasa Realty is celebrating its 10th Anniversary in Puerto Vallarta so from now through February 15th, you could win one of many great prizes, including a $1000 USD shopping spree at LANS Department Store, by entering the Name the Tropicasa Mascot Contest.

2008 International Real Estate Events
John K. Glaab

Start making plans now to attend 2008 NAR International Events. Expand your International contacts at upcoming conferences, including the Panama Spectacular, SIMA International Showcase in Spain and MINT Second Home Conference in Mexico.

Experts to Detail Truth, Dispel Myths About Investing in Mexican Real Estate
PRNewswire

Savvy real estate investors, looking for opportunities to generate wealth, are looking at Mexico as a way to realize appreciation and income but many myths and untruths are preventing them from taking advantage of the opportunities that exist from our neighbors to the south.

Puerto Vallarta Real Estate Renaissance
Laura Gelezunas

Mexico City Architect and Designer, Guillermo Rincon, is creating condominiums with interesting touches that only an artist can visualize at his new development, The Renaissance, just minutes south of downtown Puerto Vallarta.

Smaller Houses Offer Lower Energy Costs
Alison Williams

In 2006, my husband and I moved to Socorro, where he was starting his Ph.D. program. Socorro means help in Spanish. We should have known we were in trouble, but how hard could it be to find an energy-efficient house and a sensible way to live?

Winter Golfers Hit the Greens at Luxury Residence Clubs
Meg Donohue

The arrival of winter means one thing to golf enthusiasts: Time to pack up the clubs and head south. Luxury golf residence clubs with fractional ownership homes allow golfers to own a piece of golfing paradise and enjoy full-service, resort-style pampering.

Green is the Word
Sean O’Driscoll

If you thought green home design was big in 2007, wait until you see 2008. And say hello to warmer colors, goodbye to too-cool-for-school minimalism. Here’s what a sample of interior designers and industry insiders say you should be shopping for.

Real Estate Decadence in Puerto Vallarta
Laura Gelezunas

The Private Residences at Casa Cupula, the world's first fractional condo-hotel developed exclusively for the gay community, is also one of the first gay hotels in Mexico to offer every amenity that any vacation property owner could ever want.

AMPI Advisory Board Does Torre Mayor
John K. Glaab

The National Advisory Board of AMPI held its December meeting at the Conference Center in the 52 story Torre Mayor. The "Torre" is a "smart building" located on the Paseo Reforma in Mexico's capital.

US Housing Crisis Reverberates Around the Globe
Rob Lever

Few people knew at the start of 2007 the meaning of "subprime" real estate loans or how they might affect the US and global economies. Today, worries are growing that the crisis that began with mortgage failures and spread to banks and brokerages may push the US economy into a downturn and put the entire global economy at risk.

NAR Conference Attendance Breaks Records
John K. Glaab

More than 30,000 Realtors recently assembled in Las Vegas for the 2007 Annual Conference of the National Association of Realtors. Among the 2300 from the international section, 14 were from Mexico.

Casa Cupula Reaches a New Breed of Gay Investors
e-Travel Blackboard

Puerto Vallarta has been slated as the country’s leading gay beach, with dozens of new and innovative gay-owned businesses opening up in the area. The new development of the area has spurred a new form of vacation home ownership for gay vacationers, with Casa Cupula branching out into creating luxury fractional ownership projects.

Punta Mita Land Grab
Peter Slatin

Seeking to spread the already expansive success of its Four Seasons Punta Mita property, Strategic Hotels & Resorts has acquired the lone remaining hotel site - indeed, the lone remaining for-sale development site - at the 1,500-acre Mexican resort development near Puerto Vallarta on the Pacific Coast.

Amapas I Condominiums a Step Above
Laura Gelezunas

When an architect and developer fuse their efforts through art of space, environment and design, the result is a balance between a good investment and a great place to call home - and that's what you'll find at Amapas I in Puerto Vallarta.

A.M.P.I. Celebrates a Successful Year
PVNN

In celebration of another successful year for the Riviera Nayarita chapter of AMPI (the National Association for Real Estate Professionals,) more than 40 members of AMPI spent a day on the beach at the Punta Vista development on December 15th.

The Reality of Rocky Point
Paul P. Kingsley

In this day of increased rhetoric and misinformation about Mexicans and Mexico, it would benefit us Americans to take a little time to separate the facts from the myths about Puerto Peñasco.

Raising the Bar for Mexican Real Estate Representation
Brian Flock

When purchasing real estate in any part of Mexico, it is important for buyers to know their “Bill of Rights.” Most gringos venture into the country in search of a little piece of paradise without fully understanding the rights that they have as foreigners.

Villas de la Colina II Sales Office Open
Patrick Harrison

Tropicasa Realty and C & C Development Company are proud to announce that the new on-site sales office is open at the entry of the Villas de la Colina II development, high in the Amapas hills overlooking Puerto Vallarta and Banderas Bay.

Riu Hotels & Resorts Begins Construction of its 14th Mexican Resort, the 484 suite Riu Palace Pacifico in Puerto Vallarta
Hospitality Net

Following the recent completion and grand opening of the new $150 million Riu Santa Fe in Cabo San Lucas, Riu Hotels & Resorts commenced construction of its newest Mexican property. The Riu Palace Pacifico will be RIU’s third hotel in Puerto Vallarta and bring Riu Palace level accommodations, luxuries and amenities to this popular destination for the first time.

Mexico's Top Mortgage Lender Wants More Builders
Noel Randewich

Mexico's housing industry, recently one of the country's most dynamic sectors, is losing steam and needs more regional players in order to meet huge demand, the country's top mortgage lender said on Tuesday.

Discovering the Treasure of the Sierra Madres
Jim Scherrer

Though the movie tells a story about a couple of down-and-out Americans who join up with a crusty old-timer to prospect for gold in Mexico, the real Treasure of the Sierra Madres is the hills themselves - and the real estate contained therein.

The World's First Condo-Hotel for Gay Men, Lesbians and Friends Opens in Puerto Vallarta, Mexico
Patrick Harrison

Excited crowds turned out in Puerto Vallarta on Saturday, December 8th for the inauguration of The Private Residences at Casa Cupula, the world's first fractional condo-hotel developed exclusively for the gay community.

Searching for the Perfect Holiday Rental?
Robert Dry

Though it can be difficult to find last-minute accomodations in Puerto Vallarta during the Christmas season, ADLB still has many Banderas Bay area luxury rental properties available that offer more than your run-of-the-mill hotel room.

Mexico Sees Private Mortgage-Backed Debt Surging
Noel Randewich

Mexico expects private-sector issues of mortgage-backed securities to double in 2008 amid an ongoing boom in the housing industry and increased demand from local and foreign investors.

Casitas by the Sea
Lacey N. Howard

Just 25 miles north of Puerto Vallarta, Las Casitas Bonitas, a three-cottage complex overlooking the Pacific, invites guests to kick back, relax, and enjoy the slow pace of life on the Mexican coast.

Liberty Cove, The Plans For Mexico's Biggest Resort
Deidre Woollard

Mexico's resort real estate developments have been getting bigger and bigger but a new height has been reached with the groundbreaking at Liberty Cove. This $50 billion development has been in the planning stages for five years.

How Stable is Mexico's Mortgage Industry?
Patrick Harrison

With the current mortgage crisis in the United States, how stable is the relatively young mortgage industry in Mexico? David Schwendeman and Terence Reilly, founders of MEXLend Mortgage Brokers in Puerto Vallarta, examine several key aspects.

No Quick Fix For Subprime Mortgages
Jeannine Aversa

President George W. Bush's band-aid fix for the home mortgage crisis isn't fooling many people and critics are quick to point out his "deal" with lenders to freeze rates for sub-prime lenders in trouble is too little, too late.

Buying That Dream Home - In Mexico
Sheree R. Curry

Buyers see property in Mexico as both an attractive investment and a great asset, given that they view Mexico as a relatively safe and stable nation.


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