Search homes and realtors easily in Mexico
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The Mexican real estate market has been growing for the past 10 years, that is why the information and statistics should be accessible to everybody on the Internet, which is our main goal.
Reports generated by the main private and the Mexican governments institutions offer a good perspective of the way of life in the Mexican territory.
In Latinamerica the real estate sector provides many opportunities for homeowners and professionals. Because it is a market that will be maturing in the coming years, only in Mexico the volume is expected to be on the rise and healthy, the cap rate expected is between 200 and 400 points over the USA for similar type of products, with a good performance for long term investments.
A few things to consider about the real estate market in Mexico:
- Mexico went through a recession in the year 2000, which slowed development of the real estate sector. The government is applying policies and conditions that favor the rise of favorable conditions for investment in Mexican territory.
- There is a low penetration rate for home loans and development, that has not reach it's full potential, because no more than 6 % of all real estate acquisitions are financed by credit institutions and banks.
- The rate of unpaid loans in Mexican Financial Institutions is of 4 %, a clear indicator that Mexico is in the initial phase of expansion.
- What makes real estate properties in Mexico attractive for investors is that it can provide a clear choice for people on the early stage of retirement from USA and Canada to have an affordable home for their retirement plan that will not take more from their pension fund.
- Mexican president Felipe Calderon has opened a financing program for more than one million loans for Mexican citizens to acquire a home through 2010.
Here are a couple of reports and interesting sites to make a decision with sufficient information, if you are interested in buying or selling real estate in the North of Mexico.
This is a study made by the University of Pepperdine, the Cultural Access Group and the La Jolla Institute, it states the acquisition power by the Latino communities in California Latinos, Housing & the future of California.
An article related to the Real Estate Market in Mexico, published by DTZ Rockwood Asociados and DTZ Rockwood Research in Inmobiliare Magazine of The real estate market in Mexico.
A post on Invertia.com, which talks about the growth rate for the real estate sector in Mexico, reaching 5 %.
The IE Business School and Gavin Anderson & Company, published a study that marks Mexico as the main investment destination by Spanish enterprises and investment firms.
