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Puerto Vallarta News NetworkPuerto Vallarta Real Estate

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ConfiCasa Mortgage International Officially Opens Its Doors in Puerto Vallarta
Business Wire

With the recent opening of the Puerto Vallarta Division at Peninsula Plaza in the heart of the hotel zone, ConfiCasa Mortgage International is quickly becoming the only mortgage lender with offices spanning the resort areas of Mexico.

Mexican Housing Boom Threatens Black Bears
Robin Emmott

A housing boom in Monterrey, Mexico's richest city 140 miles from Texas, risks destroying the officially endangered bears' habitats in the surrounding forested mountains. It is also accelerating Mexico's loss of primary forest that are disappearing at one of the world's fastest rates, environmentalists say.

An Historic Day in Mexican Real Estate
John Glaab

Last year the Mexican Department of Education (SEP) recognized real estate as a profession. On August 27th, more than 400 Realtors will take an exam that covers all of the aspects needed to be recognized as a professional Realtor in Mexico.

The Next Wave of US Mortgage Defaults
Les Christie

More borrowers with good credit are defaulting on their home loans, and that's going to make it even harder for the staggering housing market to recover.

AMPI to Open Membership to Developers
Nicole Martin

Real estate developers in the Bay of Banderas region may soon be able to feature the A.M.P.I. logo in their advertising - if they comply with A.M.P.I. requirements for project documentation and commission payments to professional real estate agents.

One Third of New Owners Owe More Than House Is Worth
Bob Ivry

Almost one-third of U.S. homeowners who bought in the last five years now owe more on their mortgages than their properties are worth, according to Zillow.com, an Internet provider of home valuations.

Can't Afford to Live in Malibu?
Jim Scherrer

Perhaps you can't afford to live in Malibu, but if you can afford to drive to Malibu read on - you are about to be introduced to Puerto Vallarta, where you can enjoy a paradisiacal lifestyle equal to or better than Malibu - at a fraction of the cost!

Baja Condo Projects Mired In Economic Quicksand
Michelle Mowad

The residential real estate market in Baja California, Mexico is mirroring the slowdown in both units sold and lower median prices in Southern California. The surge of construction along the coast during the housing-market high a few years ago has also burst south of the border.

Galeria Pacifico Joins Open House Exhibition
PVNN

Galeria Pacifico, recognized by Frommer’s as one of Mexico's finest galleries, joins the Open House Gallery by Tropicasa Realty concept showroom in Flamingos this month, adding to the already impressive roster of art galleries displaying work there.

Real Estate in Manzanillo is Gaining Popularity
Cali Zimmerman

The port city of Manzanillo, Mexico may offer some excellent real estate investment opportunities for foreign investors looking for an alternative to Mexican tourist cities such as Cabo, Cancun and Puerto Vallarta.

A New Level of Luxury is Rising in Mexico
Patrick Harrison

Combining a sound financial investment with access to luxurious resorts in popular destinations, M Hotels is ushering in a new era in flexible Residence Club ownership in Mexico. Let M Hotels introduce you to a whole new way to escape.

Developers at Beach Resort Face Closure Threat from Mexican Government
PropertyWire

A planning issue which has resulted in uniformed soldiers showing up at exclusive eco-boutique hotels and closing them is the start of a major push against development on some of Mexico's beaches, it is feared.

Mexico Tourism Travel & Real Estate Expo
PVNN

The Mexico, Tourism, Travel & Real Estate Expo, featuring exhibitors promoting the travel/tourism industry and real estate products from throughout Mexico, is scheduled to take place at the Marriott Hotel in Irvine, California on August 23rd.

US House Prices Overvalued By Up to 20 Percent: IMF Paper
Lesley Wroughton

The downward spiral of U.S. housing prices still has a way to go and homes were overvalued by between 8 percent to 20 percent in the first quarter of this year, according to research by an International Monetary Fund economist published on Friday.

Senate Gives Final Approval to Sweeping Housing Bill
David M. Herszenhorn

Hoping to stretch a safety net under the nation's tumbling housing market, the Senate voted overwhelmingly on Saturday for final approval of a huge package of legislation that includes an ambitious program to save hundreds of thousands of families from losing their homes to foreclosure.

Puerto Vallarta & Lake Tahoe - The Best of Both Worlds
Jim Scherrer

For those of you fortunate baby boomers wondering what to do with the rest of your life and where to do it, we suggest that you seriously consider this combination of retirement areas; Puerto Vallarta during the winter and Lake Tahoe for the summer.

US Home Foreclosures Up 14 Percent
Agence France-Presse

US home foreclosures leapt nearly 14 percent in the second quarter from the previous quarter, research group RealtyTrac said Friday in a sign of deepening housing woes.

MEXLend Featured on Real Wealth Radio
Robin Noelle

Kathy Fettke of the Real Wealth radio show in San Francisco California, recently hosted an on-the-air interview with MEXLend President David Schwendeman, who talked about lending options available to investors looking to purchase property in Mexico.

Puerto Vallarta: It's a Buyer's Market!
Marla Hoover

Over 8000 units are under construction in the Puerto Vallarta region and this figure will continue to grow over the next few years as the number of retirees also continues to grow. As a result, developers are offering incredible buyer incentives.

Finding and Buying Your Piece of Paradise
PVNN

A world-class resort and beachfront community at its very finest, Puerto Vallarta Mexico is a wonderfully safe and friendly place to vacation, live, invest or retire. But with so many Realtors in the area, how do you know which one is right for you?

Mexico Property Market Attracting More Interest From US and Canada
PropertyWire

Mexico is the new frontier with increasing numbers of Americans and Canadians investing in property according to one of the leading estate agents.

Is Your Dream Home In Mexico?
NAPSI

Millions of Americans, who spend their vacation dollars in such enticing Mexican destinations as Cancun, Puerto Vallarta and Cabo San Lucas, are now choosing to invest in real estate south of the border.

US Housing Market Meltdown Causes Massive Losses
Dean Baker

The Center for Economic and Policy Research reports that with the loss in home value in the housing meltdown, many families will be left with nothing but Social Security and Medicare to support them in retirement.

Tag, You're It!
William Michael

Graffiti is a growing epidemic in the Banderas Bay area, and it is hitting the wallets of local business owners. Thankfully, a posse of Puerto Vallarta Realtors has come together to work on the problem of tourist-bothering graffiti.

La Costa Realty Appoints New General Manager
PVNN

Brock G. Squire, Owner/Broker of Coldwell Banker La Costa Realty, is pleased to announce that Mr. Darryl Bowie has been promoted to the position of General Manager of the Real Estate company's headquarters in Puerto Vallarta, Jalisco, Mexico.

Former Mayan Island Manager Joins Prudential Team Assigned to Luma 'Active Adult Living' Condominium Project
PVNN

Manuel Flores, an award winning sales manager for full ownership and fractional homes at Mayan Island, has joined the Prudential Vallarta sales team. He has been assigned to the prestigious Luma "Active Adult Living" condominium project in Nuevo Vallarta.

Homex Enters Into A US $200 Million New Credit Facility
Desarrolladora Homex

Mexico's leading homebuilder, Desarrolladora Homex, has entered into a new credit facility denominated in Mexican pesos in an amount equivalent to US $200 million with Banco Inbursa, S.A., one of the leading banks in Mexico.

Mexico Named 'Best Place to Retire' by International Living
PRWeb

The popularity of retirement in Mexico has been growing exponentially in recent years for a number of reasons, as this recent ranking in International Living's Global Retirement Index proves.

Prudential California Realty Vallarta Division
Your Source for Puerto Vallarta Real Estate

Whether you are looking to buy a home or condominium in Puerto Vallarta, or are simply considering a vacation rental, Prudential Vallarta has the educated, bilingual and bicultural sales professionals to help you through the process.

MEXLend Closes First Puerto Vallarta Scotiabank Dollar Loan
Robin Noelle

With the real estate markets foundering in the United States, many investors are turning to Mexico to make investments in primary or secondary homes. Through MEXLend, Scotiabank is offering USD loans on Mexico properties for US and Canadian citizens.

President Calderón Announces Social Housing Program for Central America
Presidencia de la República

During the inauguration of the 10th Tuxtla Mechanism Summit, the president proposed restructuring the Panama-Puebla Plan to turn it into a Program for the Integration and Development of Mesoamerica.

Steady Stream of Seniors, and Others, Seeking Homes Outside the USA
Polo Verduzco

Livtopia's success filling Discovery Weekends in Puerto Vallarta, Mexico and Costa Rica has led to a second July Rivera May Weekend and an August Merida Mexico "On-the-Ground" Discovery Weekend.

From Tourist to Tenant: One American's Journey to Owning Waterfront Property in Bacalar, Mexico
James Greene

Dan Ressue and his wife had spent many years as tourists traveling around coastal Mexico. Numerous trips to Cancun, Playa del Carmen, Cozumel and Puerto Vallarta convinced the Ressues that Mexico was the place for them to retire.

Homex Presents a Unique Home Customization Option
PRNewswire

Mexico's leading homebuilder, Desarrolladora Homex, S.A.B. de C.V. has become the first company of its kind to offer its social and residential home customers the possibility of adding a personal touch to their house.


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