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Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Generation Y and Real Estate

MILLENNIALS ARE HERE IN THE BAY OF BANDERAS

Generation Y or the Millennials are persons born in the 1980s and 1999. They are estimated to be 70 million strong. Age is typically 20 years old to 38 years. **Millennials are individualistic, innovative, creative, revel in diversity, multi-taskers, and go by their own rules. M´s rely on their intuitive sense to understand technology from the environment in which they have grown up. They can bring a more creative and innovative approach to solving problems than previous generations.

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A better lifestyle at a fraction of the cost

GENERATION X – Renting and Owning Real Estate

Generation Xers, between the Millennials and the Baby Boomers are between the ages 37 and 52 years old. Often described as reticent compared to the generations before them, their habitual reluctance can cause them to lose their ¨voice¨ in the politics of where they live and work. Generation X´s came of age in the 1980s and early 1990s. The oldest remember Watergate scandal and the youngest are raising families. They became politically aware during the Reagan-Bush or Clinton years. As adults, they are more conservative than millennials and less partisan than boomers.

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Impact of currency exchange on property sales and rentals

How the Weak Mexican Peso Affects You

A weaker peso will attract more visitors this winter. They are enjoying our temperate weather and lower prices for food and lodging. The increased ¨snow bird¨ population is putting pressure on restaurants and hotels to hire more staff. With more than 500 new condos being sold and completed, the question of continued demand is still on the table.  So far, the pre-construction sales reported are encouraging.  If the peso continues to be 20 to the US dollar, we can experience more rental demand.

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What to expect from your agent

Taking Responsibility: What Rights and Representation Do Condo Buyers and Sellers Deserve?

This article is about all condos: pre-construction, new developments, as well as resales. There is a particular ethical and moral way in which buyers and sellers should deal with each other, and most of the time, the person who has to keep the negotiation on this level is the agent (agents) involved. This is our responsibility to recognize and require that everyone involved work on the highest level of reason and fairness.

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