Mineral de Pozos – Resurgence of life in Mexican ghost town

Mineral de Pozos - Mark Callanan photography

[youtube]http://www.youtube.com/watch?v=L3zQaMNONJQ[/youtube] By Christopher Reynolds Los Angeles Times I arrived in the eerie Mexican town of Mineral de Pozos in the middle of a half-sunny afternoon, with shadows creeping all over the adobe… I arrived in the eerie Mexican town of Mineral de Pozos in the middle of a half-sunny afternoon, with shadows creeping all over [...]

Prefabricated Shelters Offer a Jungle Eco-Retreat

V-Houses by Heinz Legler of Verana

By Olivia Chen Inhabitat Sitting among the canopy of a jungle forest near Yelapa, Mexico, these V-Houses by Heinz Legler are quite possibly an eco-adventurer’s paradise. The treehouse-like structures are lofted 16 feet above the ground and open on all sides to offer panoramic views of the tropical surroundings. Although the rooms measure only 16 feet by [...]

America’s Most Expensive ZIP Codes

Francesca Levy Forbes.com Prices slide, even in the glitziest neighborhoods. Once, if a neighborhood made Forbes’ list of America’s 500 Most Expensive ZIP Codes, it meant buyers were prepared to spend big bucks to call it home. But in 2009, even in these exclusive enclaves, home prices took major hits. Though Alpine, N.J. (07620) tops our [...]

Real Estate TV Shows Can’t Keep Up With The Plunging Market

Chris Palmeri Business Week On vacation last week I watched a lot of real estate reality shows and realized just how quickly they can get outdated in this horrible housing market. Some of the shows do reflect the post-bubble reality. A show on HGTV called Real Estate Intervention follows a guy who looks and acts [...]

5000 Bougainvilleas to be Planted in Puerto Vallarta

abuganvilias

Vallarta Botanical Gardens in cooperation with the Puerto Vallarta Department of Parques y Jardines has embarked on an ambitious new project called Ciudad de las Bugamvilias to beautify our city.  Between now and November 1, 2009,  5000 new bougainvillea plants will be installed in the city’s median strips, traffic islands and city parks. The public [...]

What You Need to Consider Before Buying a Distressed Property – By Li Chenand Michael Brophy

Poorly performing hotels are an unfortunate casualty of the recession, which is causing an increase in the number of distressed sales. Here we examine the tools you need to employ to maximize investment in a distressed property. In general, distressed real estate represents properties hurt by unusually high vacancy levels that cause a sharp and [...]

Perez and Trump Jr. Pitch Sales for $355M Trump Hollywood Condos

(HOLLYWOOD, FL) — They are bucking the Gods of Condo Sales. That’s what condominium industry analysts were saying privately Friday, Aug. 21 as they watched legendary Miami condo developer Jorge M. Perez and Donald Trump Jr., son of the equally legendary Manhattan developer Donald Trump, pitch their $355 million Trump Hollywood condominium community to lenders, [...]

RPT-Mexico’s economic slump has hit bottom – govt

MEXICO CITY, Aug 23 (Reuters) – Mexico’s economy, slammed by a drop in U.S. demand, has sunk to its low point and recent data shows signs of growth, the government said on Sunday. Mexico’s economic output was down 1.1 percent in the second quarter compared to the first quarter, a much smaller decline than in [...]

Swine flu fallout: Great deals on Mexico trips

Christine Delsol, Special to The Chronicle Friday, August 21, 2009 Queen Elizabeth II’s annus horribilis has nothing on Mexico’s tribulations of 2009. Travel alerts based on escalating drug cartel violence, the global spread of the U.S. recession and the H1N1 flu outbreak in Mexico City have kept tourists away in droves, but the hit on [...]

Rise of the Super-Rich Hits a Sobering Wall

John McAfee is auctioning off this property in New Mexico to pay bills. His worth has fallen to about $4 million from a peak of about $100 million.

By DAVID LEONHARDT and GERALDINE FABRIKANT New York Times The rich have been getting richer for so long that the trend has come to seem almost permanent. They began to pull away from everyone else in the 1970s. By 2006, income was more concentrated at the top than it had been since the late 1920s. The recent [...]

LatAm: the right place to do real estate businesses again

It is easy to imagine the future when there is a consensus on which businesses operate and how to manage them. Motivated by greed, investors and managers make predictable decisions in proportion to their own capabilities and resources. Nowadays not only the market is being dominated by fear, but also it is being seriously questioned [...]

Mexico decriminalizes small-scale drug possession

By MARK STEVENSON Associated Press MEXICO CITY — Mexico enacted a controversial law Thursday decriminalizing possession of small amounts of marijuana, cocaine, heroin and other drugs while encouraging free government treatment for drug dependency. The law sets out maximum “personal use” amounts for drugs, also including LSD and methamphetamine. People detained with those quantities will [...]

JPMorgan Makes Mexico Its Top Country Pick in Latin America

By Emily Schmall Bloomberg.com Aug. 20 (Bloomberg) — JPMorgan Chase & Co., ranked by Institutional Investor magazine as the top brokerage for Latin America equity research this year, made Mexico its top country pick for the region on the prospect of a second-half economic recovery and fiscal reform. JPMorgan’s Latin America equity strategist Ben Laidler [...]

Relax! Vacations Are Good For Your Health

by BRENDA WILSON NPR A lot of towns and cities in the United States virtually empty out come August. Traffic almost becomes manageable as the local denizens decamp for the beach, the mountains or the heartlands. The escape from toil may be just the breather the body needs to restore itself. Whether you spend your [...]

Christie’s Great Estates – News for the Network – August 2009

SIGNIFICANT SALES Rising Home Prices Make Headlines The first reported increase in U.S. home prices, after 34 straight months of decline, made headlines around the world. May’s Standard & Poor’s Case-Shiller index results, released at the end of July, were consistent with other housing indicators and represent a significant shift, fueling hopes for a global [...]

Beyond the sprawl, a family has a ball at a beach in Mexico

By Ann Wilson Lloyd Globe Correspondent / August 16, 2009 TRONCONES, Mexico – Franklin the Turtle is the favorite storybook friend of our grandson Waylon, 3. Imagine his delight at herding hundreds of baby Franklins into the twilight surf during our three-generation family beach vacation at this surfing village near Zihuatanejo, on the Pacific coast. [...]

U.S. Homeowners Cut Asking Prices $27.8 Billion, Led by Nevada

By Dan Levy Bloomberg Aug. 14 (Bloomberg) — U.S. homeowners cut their asking prices by $27.8 billion with some of the biggest reductions in Nevada and Florida, states hardest hit by the property slump, Trulia Inc. said. Owners slashed prices by 15 percent in Nevada and by 13 percent in Florida and Arizona in the [...]

Bullfighting In Puerto Vallarta

Bullfighting in Puerto Vallarta - by Mark Callanan

Articlesbase.com Puerto Vallarta prizes itself because of its rich cultural and historical value. It is also one of those cities of Mexico that try to indulge in historical and cultural traditions in order to keep them alive. Some of these traditions lie in the depth and heart of the colonial Spanish culture which is extremely [...]

VICTORS EMERGE IN MEXICO’S BUDGET AIRLINE WARS

Alanet News With Mexican discount airline Volaris offering new flights from Oakland to Guadalajara and Toluca (31 miles west of the Mexico City) since last month, and to Tijuana beginning Aug. 28, Bay Area travelers finally have direct access to low-cost flights to Mexico. It’s a bright spot in a shake-out year for the no-frills [...]

Punta Mita Pacifíco Course Selected as Site of Canadian Tour Golf Classic

VirtualVallarta.com Dine is proud to announce that Club Punta Mita’s Pacifíco Jack Nicklaus Signature course will be the site of the Riviera Nayarit Classic golf tournament, a part of the Canadian Tour. Dates will be September 28 through October 4, 2009, and will feature more than 120 of the top players in the Canadian Tour. [...]

Mexico Steps up Efforts to Attract Medical Tourists

Kaiser Health News Medical Tourism News Efforts to standardize quality measures for medical tourism are underway as Mexico tries to attract medical tourists. Such efforts come after the swine flu outbreak significantly hurt Mexico’s tourism industry, which ranks third as the country’s source of foreign income. The Houston Chronicle reports: “Uninsured, under-insured and not sure [...]

Latin America’s Pending Fire Sale – Private equity groups are licking their lips at the prospect of acquiring Latin American assets at fire-sale prices.

BY JOHN PRICE Latin Business Chronicle Experienced Latin American investors understand that today’s financial crisis will present discounted buying opportunities to those with the authority and boldness to quickly negotiate an acquisition and the cash to pay for it. Six years of rapid growth in the region invited a lot of new players into the [...]

Mexico Tourism Has Long-Term Strength

Hotelsmag.com 8/10/2009 10 August 2009 – London, UK – As the first country in the world to experience an outbreak of the now widespread A(H1N1) influenza virus, Mexico has been really hard hit in terms of tourism demand over the past three months. Preliminary estimates from the Mexican Government put the impact so far at [...]

Want a luxury vacation? Enjoy the high life for less on Mexico’s Riviera

Explore Punta Mita Mexico - Riviera Nayarit luxury residential real estate and vacation rentals

KATHY STRONG SPECIAL TO THE DESERT SUN AUGUST 9, 2009 The most beautiful and prestigious coastlines in the world claim their own “Rivieras” – from the south of France to California’s most desirable strands. In Mexico, it can be found in Riviera Nayarit, about 30 to 45 minutes north of Puerto Vallarta. Defined geographically by [...]

Exclusive Yellowstone Club Sells for Only $115M

By: Tonie Auer, Contributing Correspondent CPN Online Bargain prices for namebrand merchandise. No, it isn’t a sale at Macy’s or Nordstrom, it is the current market for resort properties. The sale of the exclusive ski lodge for the rich and famous in Big Sky, Mont.–the Yellowstone Club–was finalized this week for $115 million. Reports show [...]

Venture capital returns to the travel industry

After an initial slow down last year, the first half of this year saw at least 10 investments in travel companies. These investments ranged from companies providing online reviews, recommendations and bookings to rental management software. Venture capitalists are being attracted by the billions spent on travel each year: Forrester Research predicts online travel alone [...]

How to price your vacation home rental

August 9, 9:39 AM Denver Travel Industry Examiner Joseph Sobin Even as economic forecasts improve, there has been a proliferation of vacation home rentals entering the marketplace, while demand subsides and hotels are offering bargain rates. Thus, it is more important than ever to correctly position and price a vacation home rental to maximize exposure [...]

In the borderland

A vast, arid, haunted region between Mexico and the ‘dark soul of American imperialism’ By James Green Boston Globe August 9, 2009 “Imperial’’ appears to be a book about people and places in the California-Mexico borderland, but it might be best described as a bunch of books and a raft of notes, arranged in a [...]

“Three amigos” Mexico summit to focus on trade

By Steve Holland Reuters WASHINGTON, Aug. 9 (Reuters) – Leaders of the United States, Mexico and Canada — also known as “the three amigos” — begin a summit on Sunday in Mexico to talk about simmering trade issues and the threat of drug gangs. U.S. President Barack Obama, Canadian Prime Minister Stephen Harper and Mexican [...]

Obama attending first US-Canada-Mexico summit

By JENNIFER LOVEN Associated Press (AP) WASHINGTON — When President Barack Obama visited Mexico in April, the now-global swine flu epidemic — unbeknownst to the White House — had just begun there and an Obama aide returned home sick. What could have become a diplomatic downer, however, ultimately turned into a bright spot. Obama was [...]

Mexico and Canada Tussle Over Immigration Ahead of Summit

By MARC LACEY NY Times August 9, 2009 GUADALAJARA, Mexico — Ahead of President Obama’s arrival in Mexico on Sunday night for a summit meeting of North American leaders, immigration was prompting significant behind-the-scenes debate. But it was Mexicans entering Canada, not the United States, that was the contentious issue. Too many Mexicans, the Canadian government complained, were fraudulently claiming [...]

New Video – San Miguel de Allende, Guanajuato, Mexico

Miguel and Alexis of La Punta Realty – Christie’s Great Esates visited San Miguel de Allende a few months ago to welcome Joanie Barcal of Allende Properties to the Christie’s Great Estates luxury real estate network. Our shooters had a blast with this photogenic town and only wished we had more time. Here is a [...]

Obama to Meet Leaders of Mexico, Canada

Summit Will Discuss ‘Buy American’ Trade Provisions By ELIZABETH WILLIAMSON and DAVID LUHNOW The Wall Street Journal President Barack Obama will travel to Mexico on Sunday to attend his first summit with his Canadian and Mexican counterparts, in a meeting that the latter hope will shed light on how the U.S. plans to address trade [...]

St. Regis, Mexico City opens – Starwood Hotels continues to invest in Mexico

stregis-mx

The St. Regis Mexico City hotel, of the Starwood Hotels & Resorts Worldwide chain, opens its doors. St. Regis has moved into Mexico City with a 189-room hotel located on downtown’s exclusive Paseo de la Reforma. Architect Cesar Pelli of Pelli Clarke Pelli Architects used floor-to-ceiling glass panes to create an iconic building that rises [...]

Mexico’s heart can be found in Jalisco state

Todd Parker, Special to Vancouver Courier Friday, August 07, 2009 Jalisco state is best known for the white sand beaches of popular resort town Puerto Vallarta, but this geographic and historic heart of Mexico is said by locals to have given the world three much more important things: charros (progenitors of North American cowboy culture), [...]

Jalisco Leads in Mexico’s Tourism Recovery and Hosts the 2009 North American Leaders’ Summit

Hospicio Cabañas, Guadalajara, Jalisco, Mexico autor: patrick.denizet

GUADALAJARA, Mexico–(BUSINESS WIRE)–With hotel occupancy over 80 percent in Puerto Vallarta, and exceeding all expectations, Jalisco, home to the symbolic traditions that embody Mexican culture, is showing that the tourism industry is at a stage of full recovery. Guadalajara, the second largest city in Mexico as far as economy, industry and culture is concerned, is [...]

Uncovering mysteries in the Mexican mountains – San Sebastian del Oeste

San Sebastian del Oeste - Jalisco, Mexico by Mark Callanan

Alan Ferguson, Canwest News Service It’s a simple enough matter to hire a guide and a mule in this town and go riding off in search of buried treasure in the caves of the Sierra Madre mountains- but you had better beware of The Curse of the Sunken Mine. San Sebastian is a mere 70-minute [...]

Casa Beidisia at the Punta Mita Resort, Mexico in Architectural Digest

Casa Beidisia at the Punta Mita Resort, Riviera Nayarit, Mexico

A Seaward Orientation A COMPOUND IN PUNTA MITA OPENS TO THE PACIFIC Architecture by José Vigil/Interior Design by Adriana Olmedo Text by Patricia Leigh Brown/Photography by David O. Marlow Published August 2009 Mexico is a country of exuberant visual procession. Its zocalos, or central plazas, are filled with elderly couples strolling arm in arm, roving [...]

Christie’s Great Estates Launches Luxury Lifestyle Podcast Series

Inspirador Estate in Arizona, Historic Evermay Estate in Washington, D.C., and Marsha Mason’s New Mexico Organic Farm and Estate, Featured in Inaugural Property Podcasts New York, NY, July 25, 2009 –(PR.com)– In a first for a high-end real estate network, Christie’s Great Estates launched a series of luxury lifestyle video podcasts this month, providing potential [...]

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