Agent

A creative way to use IRA for real estate

Mexico developers seek spark for investor sales
Published on Mar 24, 2010

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by CareyBot

Like second-home sales in the U.S., sales of Mexican homes have been limping along. They are a luxury that buyers have been unwilling to revisit until the economy improves.

While anecdotal evidence is beginning to reveal increased activity in some of the more popular resort areas, a lack of bank funding or sales has slowed most developers' projects.

"We have some buyers who have returned to look and buy," said Max Katz, who operates Baja Real Estate Group in Rosarito Beach, about 70 minutes south of the California border.

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