By Janine Melberg The Denver Post Fear of the swine flu and drug trade violence are preventing foreigners from visiting Mexico. From all accounts in the Puerto Vallarta area, no one has the flu or knows of anyone with the flu, and drug related violence is not in evidence in this scenic Pacific coast tourist [...]
Buyers Market: Beginning of the end?
As luxury vacation home and condo owners in Mexico largely avoided the U.S mortgage meltdown, large and small developments are teetering if not shuting down from the credit crunch, economic downturn and negative media storm. For the most part, individuals in the high end market feeling the squeeze and willing to take a loss on [...]
Economist Predicts Recession Will Soon Be Over
NPR – All Things Considered July 18, 2009 Don’t feel bad if you’re a bit confused about the financial news that came out this past week: Goldman Sachs and JP Morgan both reported huge quarterly profits, while CIT, one of the nation’s largest commercial lenders, is on the verge of collapse. The Fed says unemployment [...]
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