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 Puerto Vallarta Real Estate
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Mexico Homebuilder Ara Sees Revenue Drop in 2008
 Mica Rosenberg & Tomas Sarmiento
Ara, one of Mexico's leading homebuilders, warned on Wednesday that its 2008 results would be weaker than a year earlier as the Mexican economy has been hit by troubles in U.S. markets.
38th Annual AMPI Conference
 John K. Glaab
Jorge Aguilar, President of the Morelia Section of the Mexican Association of Real Estate Professionals (AMPI) recently announced that the 38th Annual AMPI Conference and Trade Show will be held from October 21-24th, 2009 in Morelia, Michoacan.
 Searching for Clay Crafts
 Laura Gelezunas
It's no wonder that Banderas Bay Trading Company and The Annex are renowned for Mexican folk art and handicrafts. Puerto Vallarta home décor store owners Peter and Tari Bowman travel all over Mexico in search of one-of-a-kind decorative objects.
Retirement on the Mexican Riviera: More Than a Thousand Miles of Paradise
 Jim Scherrer
Whether you arrive via one of the 300 Mexican Riviera cruises or by one of the 50 daily flights, you really ought to consider Puerto Vallarta on the Mexican Riviera for your retirement residence.
Freddie, Fannie Force Borrowers to Waive Legal Rights
 Mary Kane
When the government announced in November that it would use mortgage giants Fannie Mae and Freddie Mac to streamline loan modifications for possibly hundreds of thousands of borrowers. What no one mentioned is that homeowners would have to sign away their rights to sue, if they wanted to get those loans modified.
Four Seasons Residence Club Punta Mita Opens Phase II
 Marketwire
Four Seasons Residence Club Punta Mita is pleased to announce the unveiling of Phase II - with 15 new fractional homes now available to owners.
Seaside Condo Living in Puerto Vallarta
 Laura Gelezunas
The Banderas Bay area provides real estate buyers with many options, but if you are looking for exclusive property in Puerto Vallarta, look no further than Condominium Las Palmares #203, where luxurious seaside living and sensational views await you.
Mexico's Housing Fund Infonavit Makes 494,073 Mortgages in 2008
 Ken Parks
Mexico's largest home lender, federal housing fund Infonavit, said Monday it made 494,073 mortgages last year, just short of its goal of half a million loans.
Conchas Chinas Villa Rental, Casa Suenos Del Mar
 WebWire
Sueños del Mar is a beautiful villa rental located in the Conchas Chinas section of Puerto Vallarta, Mexico. It is set high on the mountain with an excellent view of the Bay of Banderas.
Dubai: Another Ponzi Scheme Collapses
 CBS
Over the years, booming oil prices helped turn Dubai into a land of opportunity and playground for the ultra rich. But that was then and this is now. And as CBS News correspondent Sheila MacVicar reports, even Dubai is feeling the pinch of the worldwide economic crisis.
Consider Retirement Options in Mexico
 Laurence Iliff
With 75 million American baby boomers heading toward retirement and the cost of private nursing care in the U. S. outstripping hammered retirement funds, Mexican developers say they have an irresistible product in the works: active senior and assisted- living facilities in a warm climate full of friendly people for as little as $1,100 a month.
 Prudential Vallarta Celebrates Christmas and Prepares for an Interesting 2009
 PVNN
The Prudential Vallarta team gathered together on December 23rd to celebrate the season and the year. Broker / Partner Tere Kimball spoke of the company's successes in 2008 and the team's optimism and strength for the year to come.
Own a Piece of Puerto Vallarta History
 Laura Gelezunas
A tier of Puerto Vallarta real estate history is on the market. Laura Gelezunas of Video Diva Productions gives us a look at Ocho Cascades, an ahead-of-its-time marvel of architecture and design, in this exclusive BanderasNews video feature.
Prudential Adds Southside Expertise with New Sales Associate
 Nicole Martin
Marilyn Newman, a bilingual real estate specialist, has joined the Vallarta Division team for Prudential California Realty. Originally from Tulsa, Oklahoma, Marilyn has been living in Puerto Vallarta for the past 19 years.
Un Sueño Hecho Realidad: Is Your Dream Home In Mexico?
 NAPS
An increasing number of Americans are not only vacationing in Mexico but are now choosing to invest their real estate dollars in their favorite destinations throughout the country.
You Call This a Housing Bust?
 Tim Hanson
We all know about the bust-up of the U.S. housing market. Defaults are up, credit is gone, the stock market is down, and we all feel poorer. And all of that means few want or can afford a new home. That, however, is not the case south of the border where Mexico's affordable-housing market looks to not only hold up, but continue growing at double-digit rates.
Top Ten Facts about Mexico Real Estate
 PVNN
Mexico Alive, a Puerto Vallarta based real estate development company that has been hosting educational real estate seminars in various cities throughout Mexico for more than a year, shares the top ten facts about purchasing property in Mexico.
Banyan Tree Grows On Buyers
 Marty Hope
The Riviera Maya development, Banyan Tree Residences Mayakoba, has something totally different for those able to afford the unique luxury that is offered by the 50 whole ownership villas and the 132-villa hotel.
Tere Kimball and A.M.P.I. Board Re-Elected
 Nicole Martin
At a recent meeting of the Riviera Nayarita chapter of A.M.P.I., Tere Kimball of Prudential Vallarta was elected for a sixth year as President. Vice President Saul Groman and Secretary Ignacio Purpon were also re-elected.
Mexico Real Estate News and Market Update
 John K. Glaab
If you want to know what's going on in Mexico's real estate market, be sure to read the December 2008 Mexico real estate news, resort and second home market update from The Settlement Company's Certified International Property Specialist, John K. Glaab.
International Referrals Could be Big Business for Agents
 Tom Kelly
While housing analysts continue to paint a rather anxious and uncertain picture for residential property in the near future, one emerging source of business for agents has been foreign buyers investing in the United States and another is Americans buying abroad.
Second Annual Real Estate Fair
 John K. Glaab
The Second Annual Real Estate Fair, sponsored in part by the Zihuatanejo section of AMPI and scheduled to be held in Zihuatanejo from January 19th-21st, provides an opportunity for foreign buyers to learn about purchasing property safely in Mexico.
Bargains Galore! 25% Discount on Everything in Puerto Vallarta, Mexico
 Jim Scherrer
The effects of the global financial crisis are finally being felt in Puerto Vallarta. However, for US visitors and those of us living here that are still holding a few US Dollars, almost all goods and services in Mexico just went on sale!
If You Own Property in Mexico, You Need Both a Mexican Will and Beneficiary Notice
 Peter R. J. Thompson
In this lull between real estate booms, if you already own Mexican property, it’s a good time to take a breather, sit back, and make sure all your Mexican legal documents are in order. Specifically, are your loved ones and other heirs protected in case something should happen to you?
US Home Values Seen Losing Over $2 Trillion During 2008
 Julie Haviv
Homes in the United States have lost trillions of dollars in value during 2008, with nearly 11.7 million American households now owing more on their mortgage than their homes are worth, real estate website Zillow.com said on Monday.
Campeche City, Mexico Real Estate: Rumblings of a Boom
 Yemisrach Kifle
Campeche City, Mexico is increasingly attracting vacationers and investors who are looking for a low key place that combines both a sense of history and a relaxed beach culture.
Chinese Property Hunters to Raid US
 Geoff Dyer
Chinese bargain hunters are preparing to descend on American cities such as Los Angeles and San Francisco, where homeowners have suffered some of the steepest price falls in the US.
A Banderas Bay Trading Company Expedition
 Laura Gelezunas
In the past, home buyers had to go to Guadalajara to find everything needed to make their new Puerto Vallarta casa or condo bonita, but when someone else travels all around Mexico to do the shopping for you, decorating your new home is much easier.
ConfiCasa Opens a Division in Manzanillo
 Business Wire
ConfiCasa Mortgage International, LLC continues to aggressively expand its on-the-ground office presence throughout the resort areas of Mexico with the recently announced opening of a division in Manzanillo, Mexico.
Owning Your Place in the Sun
 Nicole Feenstra
Dismal December days often fill my head with thoughts of selling off all I own and heading off to an island to waste away the rest of my days on beachfront property with all-I-can-drink refreshments. A common dream, right? But, how does one acquire property abroad? What are the legalities? Costs? Implications for the future?
AMPI Holds 37th Annual Conference in Mayan Riviera
 John K. Glaab
The 37th annual AMPI Conference and Meeting was held recently at the Xcaret Resort in the Mayan Riviera. Among the highlights were welcoming words from President Felipe Calderon delivered by Carlos Gutierrez, Director Nacional de la Vivienda.
US Prime Mortgage Delinquencies Soaring
 Ben Tracy
There's a new wave of foreclosure sweeping across the country, and the people who are getting swept up are not greedy investors, or people who got in over their heads with bad loans. Rather, the crisis is hitting home for those who never expected to be in trouble until the slumping economy put them out of work.
Los Cabos: A Third Quarter Perspective
 Chris Snell
Every time I go to lunch, talk on the phone or even call my Dad, the two things I am asked are, “How is the Los Cabos market holding up?” and “What is going to happen in Los Cabos this season?”
Agents Pick Up Extra Business from Foreign Buyers
 Tom Kelly
While housing analysts continue to paint a rather anxious and uncertain picture for residential property in the near future, one emerging source of business for agents has been foreign buyers investing in the U.S., and another is Americans buying abroad.
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