Archive for " April 25th, 2011 "
Market Update: Mexico Real Estate
In my recent conversations with agents and developers, although we have seen the normal slow-down of new buyers in August/September, October has seen an increase in the number of new buyers purchasing in Mexico. One developer told me they have had 10 new sales in the last 2 months. Although this isn't the same as the boom times, it is certainly a welcome sign. We are actually seeing some developers starting to inch up their pricing on some of their prime units. Just as we now know that for the past year we have been out of the recession in the US (statistically speaking anyway), the same will be true of real estate pricing in Mexico.
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