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Despite housing crunch, boomers still buying in Mexico

Flexible down-payment programs help many seal the deal
Published on May 7, 2008

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by CareyBot

The baby boomer generation continues to drive the search for second homes, not just in the United States but in Mexico and throughout Latin America as well.

According to a new survey from the National Association of Realtors, vacation- and investment-home sales declined with the overall market in 2007, but still accounted for 33 percent of all existing- and new-home sales.

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