PUERTO VALLARTA, Mexico–(BUSINESS WIRE)–Leading Mexico mortgage broker MEXLend closed a record number of mortgages for 2008, proving that despite the dire circumstances of the American financial market, Mexico’s mortgage industry is not only healthy, but thriving. “This has been an excellent year for purchasing property in Mexico,” says Terence L. Reilly, CEO of MEXLend. “The [...]
Fall is a great time to find travel bargains
Higher-priced holiday options offered at reduced prices to attract new clients in uncertain times Ruby Turner, Vancouver Sun Published: Saturday, September 27, 2008 Putting money out for your holidays in these uncertain times of increasing fares and flight options is like buying stock when the market is down. But don’t let the uncertainty keep you [...]
Mexico, Las Vegas rank high on travel agent survey
MINNEAPOLIS – Mexico, Las Vegas and Caribbean cruising were all high on the list of popular vacation options in a survey conducted by Travel Leaders (formerly Carlson Wagonlit Travel Associates). The annual survey, conducted this summer, polled 415 Travel Leaders agents, managers and owners. The top six U.S. destinations this year were the same [...]
Mexico’s Pacific Coast a treat for the prepared
The Triton Nautical News for Captains and Crews “You’re cruising the Pacific Coast of Mexico from June to November? It’s hurricane season. Are you crazy?” Actually we are not crazy, or even big risk takers. With a close watch on the weather and the excellent forecasting available nowadays plus common sense on locations for each [...]
How Far Will The Strong Canadian Dollar Go in Mexico Today?
Written by Jim Scherrer Tuesday, 23 September 2008 By: Jim Scherrer Upon retiring from Houston, Texas more than eleven years ago, we were very fortunate to have chosen Puerto Vallarta, Mexico as our retirement destination. Fortunate, because during the past decade, more specifically during the past eight years while the PAN Party has governed Mexico, [...]
Las Palmas Club & Villas Announces Luxury Resort-Style Las Palmas Club For Residents
PUNTA MITA, Mexico – (Business Wire) Next year, homeowners at Las Palmas Club & Villas will have their own private luxury club retreat at Punta Mita, a 1,500-acre high-end master-planned, second-home resort community, located on Mexico’s stunning Pacific Coast. Construction of the Las Palmas Club begins this month and will open in winter 2008-2009 with [...]
Want to Golf all Winter?
Are you tired of shoveling snow, scraping windshields, and wading through slush throughout the winter? Would you prefer having the ability to play golf everyday this winter? If so, you should consider Puerto Vallarta, Mexico, otherwise known as Vallarta or PV by the locals. Being the same latitude as Hawaii and located on the Mexican [...]
Honeymooning in Mexico
Mexico is known for its pristine waters, pure white sand beaches, perfect tropical temperatures, and rich culture. These are the reasons why many people choose to honeymoon in Mexico. Whether you choose a Mexican honeymoon cruise or luxury resort, a Mexican honeymoon can be filled with romance. A growing trend is to plan a Mexican [...]
Shopping as a Destination
For some, shopping is sport. Others consider it therapy. Whatever your level of enthusiasm, a retail-focused outing can be practical or pure fun for mothers and daughters, sisters and cousins and even husbands and wives. Here are five places to savor the savings or the splurge: 1 Seattle – With scores of boutiques and Nordstrom’s [...]
Crossing the border: 10 things to know
Getting into Mexico is fairly simple for 99 percent of air travelers and cruise passengers; entry fees are included in the price of your ticket, required documents are distributed on board and staff is available to hold your hand while you fill them out. For the other 1 percent, and for those crossing by land, [...]
Surf’s up on Mexico’s coast
Want to learn to ski? Head to the bunny hill. But if you’re on a sun and sand vacation on Mexico’s Pacific Coast and catching a wave catches your fancy, head to Sayulita. About 45 minutes north of Puerto Vallarta, on a crescent-shaped beach below verdant hills, you’ll find perfect learning waves that pop up [...]
Language unlocks stories behind the people
“Perrrrrrrrrrrrrrrro,” I stuttered, failing completely to roll the r’s as my 8-year-old daughter laughed with glee. “No, it’s perro,” she said in a perfect Spanish accent. “Like this.” She twittered like a bird demonstrating how to do it. “You need to practice.” “Do you think I can learn?” “Yes. Practice all the way home.” So [...]
Amid Health Crisis, More Americans Going Abroad for Care
According to the National Coalition of Health Care in America, in 2007, total national health expenditures were expected to rise 6.9 percent–twice the rate of inflation. health care spending is 4.3 times the amount spent on national defense. And although 47 million Americans are uninsured, the United States spends more on health care than other [...]
U.S. retirees flock to south of the border
NUEVO VALLARTA, Mexico — Rob and Mary Ladner pictured their dream retirement as a sailing trip around the world. But everything changed when they cruised into the big, balmy bay of Puerto Vallarta 10 years ago. Seduced by swaying palm trees, colorful markets and cheap beachfront housing, the Ladners dropped anchor. The couple bought a [...]
Mexico Banks Have No Relevant Exposure To Lehman – Government Source
MEXICO CITY -(Dow Jones)- Mexico’s banks have no meaningful exposure to U.S. investment bank Lehman Brothers Holdings Inc. (LEH), which filed for Chapter 11 bankruptcy protection on Monday, according to a government official. “Lehman really never was a strong counterparty figure in the (Mexican banking) system,” said an official at the National Banking and Securities [...]
‘Repeat After Me….’ Teaching English overseas can be a smart — and more affordable — way to see the world
Wanted: Gift of gab. If you’ve meant to spend retirement touring the world, your hopes may be sagging along with the limp dollar. But if your native tongue is English, there’s a way to subsidize your travel. The Journal Report Demand is growing in schools overseas for people to teach conversational American to foreign students [...]
Brand New Boutique Hotel in Riviera Nayarit, Hotel Des Artistes Del Mar
This luxury boutique hotel offers a five star experience in a unique beachfront setting. The property is located in the heart of Punta de Mita on the famous surf beach at El Anclote. The twelve rooms offer an exclusive experience for homeowners and guests complete with their own signature spa and fitness club on site. [...]
Top 5 Mexican Real Estate Markets
As Americans struggle with the rising cost of living and a suffering housing market, investing in Mexican real estate is beginning to look muy bueno. Property prices in Mexico are significantly more affordable than in the U.S., and the forthcoming retirement of the baby boomer population is likely to create huge demand for property markets [...]
Mexico is the Best Place in the World to Retire, Says International Living
Last update: 8:23 a.m. EDT Sept. 10, 2008 BALTIMORE, Sept 10, 2008 /PRNewswire via COMTEX/ — Walt and Jean Smith start their mornings with coffee on the terrace. Sometimes they spy a school of playful dolphins jumping the waves. Usually, though, they watch the town awaken. Women pull tarps off small beach shacks where they’ll [...]
Puerto Vallarta Real Estate Sailing On
Published on: Wednesday, September 10, 2008 Written by: Yemisrach Kifle Puerto Vallarta was once a quiet fishing village, but ever since it served as the backdrop for John Huston’s 1964 film “The Night of the Iguana,” starring Elizabeth Taylor and Richard Burton, the sleepy seaside town has grown to become the blockbuster resort that [...]
Real Estate Trends 2008-2009
I’ve been writing these articles for the past five years — five exceptional years, where the real estate market experienced rapid growth, appreciation and demand. In last year’s article, I reported that a downturn seemed to be approaching. Today, while updating and writing this report, there is no doubt that the market has slowed and [...]
In Rescue to Stabilize Lending, U.S. Takes Over Mortgage Finance Titans
WASHINGTON — The Bush administration seized control of the nation’s two largest mortgage finance companies on Sunday, seeking to shrink drastically their outsize influence on Wall Street and on Capitol Hill while at the same time counting on them to pull the nation out of its worst housing crisis in decades. The bailout plan for [...]
Rancho Huracan designed by Jose de Yturbe
Rancho Huracan is a beguiling oceanfront villa estate designed to enchant all the senses and provide owners with a wondrous retreat home. The interior pampers with five plush bedrooms, six impeccable baths, and a host of indulgent touches. Designed by the famous Mexican architectectural firm of Jose and Pepe de Yturbe, this residence boasts an [...]
Las Marietas – Biosphere Reserve Part III
The Islas Marietas (Marietas Islands) are located in the marine system of Bahía de Banderas. Its physiographic composition is a hilly plain with a rocky alluvial floor. The group consists of two islands known as “La Larga” (The Long One) and “La Redonda” (The Round One), two islets, all the superficial surrounding rocks and several [...]
Villa Los Arcos In El Banco Estates
The home’s great room features three grand arches that perfectly frame what is arguably one of the best views in the entire Puerto Vallarta area. Three of the four bedroom suites, the pool area, and an outdoor sala all deliver this same commanding vista. Other superb features include a gourmet kitchen, an office that could [...]
Villa Mirador in El Banco Estates, Punta de Mita
One of the first two villas to be built in El Banco, Villa Mirador is the epitome of El Banco Elegance. From it’s checkerboard-floor loggia, to its muted-tone interiors, to its grand cantera firplace, this house is a shining example of sophisticated beach living. Perched atop a hill, Villa mirador takes in greand views of [...]
Mexico Second-Home Market Still Sunny
Americans’ appetite for second homes in Mexico remains strong, says Carlos Garza, CEO of Texas-based INB Financial Corp., which started offering cross-border mortgages last year. Evidence of the demand: Mexico’s top bank, BBVA Bancomer has made about $115 million in loans to Americans and Canadians so far this year and has a full-year goal of [...]
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