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 Puerto Vallarta Real Estate
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Attention Canadians: The Time is Now and the Place is Mexico!
 Jim Scherrer
The time has never been better for Canadians to explore the opportunities that exist in Mexico today. In terms of Canadian dollars, you can expect to find incredible condos at 30-35% lower prices than just a year ago and your cost of living will be 20-25% less than it was a year ago.
 Mexico Real Estate Market Shows Signs of Economic Recovery
 PVNN
As we enter the last quarter of 2009, reports suggest the world economic crisis is over. Here in Mexico, President Felipe Calderon recently stated that several positive signs indicate that economic recovery is beginning, and Mexico will come out of the crisis stronger than ever.
PV Realtors Complete Real Estate II Course
 Marilyn Newman
Several Puerto Vallarta real estate agents recently sat for the exam of the A.M.P.I. approved Real Estate II course in English, which was designed to re-enforce daily professional life and to instruct experienced realtors in certain aspects of real estate law and documentation.
MEXLend Announces a New and Unique Loan Product
 Patrick Harrison
Puerto Vallarta-based MEXLend, an industry-leading mortgage broker in Mexico, recently announced a new, unique and exclusive loan program that allows clients to borrow against their stocks and bonds portfolio - and avoid the sometimes laborious mortgage process.
Mexico, U.S. May Reach Health Tourism Agreement
 Hugh Collins
The new rules would boost Mexico’s real estate industry, since easier access to health care makes Americans more inclined to buy homes in the country
Vallarta Real Estate Market Strengthening
 Marla Hoover
Vallarta realtors expect a busy high season this year. With the increase of sales we have seen this summer, it would be wise for foreign buyers to examine the importance of purchasing soon, as we all know the quickly the market can turn and buyers markets here are few and far between.
Mexico's Infonavit Mortgage Lending Dips 9.6 Pct
 Gabriela Lopez
Mexican lender Infonavit said on Wednesday it made 9.6 percent fewer mortgages in the first nine months of the year, but it is still on track to achieve its goal for 2009.
Nayarit Ranks Tops for Private Investment
 Rumbo de Mexico
According to the first report from the federal Secretariat of Tourism in the National Projects Registry, Nayarit is the most attractive state for private investment, said the state Secretary of Tourism, Edwin Hernandez.
Perspectives on the Real Estate Industry
 John K. Glaab
More than four hundred Realtors attended the recent Forum, 'Perspectives on the Real Estate Industry' presented by the Guadalajara Section of the Mexican Association of Real Estate Professionals (AMPI).
More on Fideicomiso and Voluntary Disclosure Program
 John Dillinger
According to Northern California Public Information Officer of IRS-Criminal Investigation Agent Lee, a Fideicomiso is in fact a Foreign Trust and is therefore subject to IRS Foreign Trust reporting requirements. On September 23rd the deadline was extended to October 15th.
Realtors to Congregate in San Diego
 John Glaab
Former Secretary of State Condoleezza Rice will address the General Session at the National Association of Realtors Annual Conference and Expo, which will be held from November 13th-16th in San Diego, California. More than 20,000 Realtors are expected to attend the event.
Top 10: Immigrant Cities
 Steven Shaw
Ever since early humans left Africa, migration has been a fact of our existence. Population pressure grows, so families, tribes and others move on to pastures new.
Foreign Trust Reporting Deadline Extended
John Dillinger
On September 21, 2009, the Internal Revenue Service announced a one-time extension of the deadline for special voluntary disclosures by taxpayers with unreported income from hidden offshore accounts. These taxpayers now have until Oct. 15, 2009.
This Month's Hot Property at Tropicasa Realty
 Paramount Bay #206
From the developers of the renowned La Cima, Paramount Bay offers sleek and sophisticated living in the exclusive Las Amapas neighborhood. Located on a bluff just above Highway 200, these affordable luxury condos raise the Puerto Vallarta real estate bar to a new level.
US Real Estate: Many More Strategic Defaults Than Industry Estimates
 Kenneth R. Harney
Who is more likely to walk away from a house and a mortgage — a person with super-prime credit scores or someone with lower scores?
US "Option" Mortgages to Explode, Officials Warn
 Lisa Lambert
The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset.
Mexican Stocks, Silver and Real Estate - A Ten Year Review
 Jim Scherrer
Who knows; as you’re relaxing in your beach front condo on the Mexican Riviera, perhaps your investments in Mexico will gain enough over the next couple of years to recover what you’ve lost during the past decade!
Near Record Pace of US Foreclosures Suggest Further Price Declines Ahead
 Dean Baker
Realtytrac reported a slight drop in August from the record pace of foreclosure notices reported in July, but the 358,471 foreclosure actions in the month were still the second highest on record.
Mexico will Achieve the Goal of Constructing 6 Million Dwellings in 2012: Calderón
 Presidencia de la República
President Felipe Calderón declared that despite the economic crisis, the rate of granting credits for housing has been maintained, making him confident that the goal of constructing 6 million homes by the end of his government would be achieved.
'Millions' of US Foreclosures to Come
 MSNBC
Only 12 percent of U.S. homeowners eligible for loan modifications under the Obama administration's housing rescue plan have had their mortgages reworked, and millions more foreclosures are coming, the Treasury Department said on Wednesday.
 Mexican Housing: Ikea-Style
 Reuters
Mexican homebuilder Geo is set to open two automated facilities which will produce 1,000 prefabricated homes a month.
Mexico Real Estate Market Feels an Upbeat from Recovery of Tourism Figures
 Thomas Lloyd
A significant section of Mexico’s economy is tourism. For this reason the drop and recovery of the tourism industry Mexico has gone through since June is of considerable importance to those interested in Mexico real estate in tourist destinations.
Puerto Vallarta Real Estate Market Beckons Investors With Bargain Deals
 Tom Budniak
Everybody is aware of the recent economic downturn. Even now many people are interested in investing Puerto Vallarta real estate, but the current situation holds them back when it comes to putting in their money. This is a common theme among the less informed section of investors.
Mexico: Houses Put to Flood and Hurricane Test
 Verónica Díaz Favela
Federico Martínez was born in a land of hurricanes. As a young boy in Mexico he saw the wind uproot trees and roll wooden houses "as if they were shoe boxes." As an adult, he developed a house that can withstand winds up to 300 kilometres per hour and floods three metres deep.
The Appeal of an 'OTZ' Property in Mexico
 Stephen Slater
During our search for a second home, a realization struck us as we visited a lovely home in Puerta Vallarta. The property was a dream on the hill overlooking the ocean. We paused however, when we learned the neighbor to the left was from Phoenix and to the right, from San Francisco.
Mexico Resort Real Estate Update
 John K. Glaab
In the Settlement Company's 3rd Quater Newsletter, John K. Glaab talks about the global economy and how it is affecting the international real estate and second home markets. He also tells us about Mexico's Competitiveness Agenda and why opening a business in Mexico is now easier.
Mexico Housing ‘Stable,’ Moody’s Says; Builders Rise
 Emily Schmall
The outlook for Mexico’s housing industry is “stable” as homebuilders will benefit from purchases from low-income consumers using government-backed mortgages, Moody’s Investors Service said.
Homes Underwater: A Stumbling Block for Recovery
 Martha C. White
Despite the recent good news that U.S. home prices rose 2.9 percent in the second quarter of 2009, it's too early to call a turnaround for the battered housing sector. Although this modest increase in the S&P/Case-Shiller national home index is the first uptick since 2006, the number of homes worth less than their mortgages has ballooned.
Real Estate Course II in Spanish Underway
Saul Groman
Bienes Raíces II, an AMPI recognized course designed to keep Puerto Vallarta area real estate brokers and agents up to date with the changing laws so they can respond to the new challenges of today's market, is currently underway at the Prudential headquaters at the Holiday Inn.
The Best of the Best in One Development
 Charles Simpson
Combining the Best of the Best in one development, Puerto Bahía Villas & Spa is open for sale! This unique development in La Cruz de Huanacaxtle fully understands that 'Location, Location, Location' in this new economic environment must include investor Safety, Security and Profitabilty.
How to Make Your Kids Happy - Buy Real Estate in Mexico!
 Jim Scherrer
Experts agree that spending more quality time with your children is one of the key factors to raising psychologically healthy and happy kids. Can you think of a better place to enjoy the kids and grandkids than in a beautiful new condo in Puerto Vallarta, Mexico?
Crate Interiors & Rio Amapas Featured in CNN Expansion/Obra Magazine
 Debra Stevenson
On newsstands now, an extensive article on Rio Amapas, the ground-breaking eco development in Puerto Vallarta conceived by Claudio Javelly. Ron Morgan of Timothy Fuller & Associates Real Estate is the listing agent, and was interviewed for the article.
Retirement in Puerto Vallarta - What Makes Banderas Bay So Special?
 Jim Scherrer
What makes Banderas Bay so special? Aside from a handful of beautiful little secluded beaches south of Mismaloya, accessible only by boat, virtually all of the 30 miles of Banderas Bay beaches lie within a 35 mile strip of land that is available for purchasing by foreigners.
This Month's Hot Property at Tropicasa Realty
 Horizon Penthouse 2 – Amapas
This spectacular penthouse from the developers of the renowned La Cima offers sophisticated and elegant living. Enjoy breathtaking views of Banderas Bay, Puerto Vallarta and the surrounding jungle hillside from this 3 bedroom, 3 bathroom home in the sky.
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