By Mitch Creekmore, Stewart Title Guaranty Company.

Here we are, a decade into the new millennium, 10 years hence. Wow, was the Mexico real estate market a happening place during the 2000s. Right up until 2008 lots of sales were made, lots of commissions paid and developers had new plans for even greater projects to be developed. Problem was, no one really knew that U.S. financial markets would collapse, leaving many Americans, financial institutions, banks, our neighbors to the south, even our own government pondering, “What do we do now?” For those of us who make our living in the real estate arena, we keep moving forward. We “grind” away on what deals there are to be made.
Otherwise, we get out. One thing is certain: we’re all in this debacle together. If no one buys property in Mexico, or any international market for that matter, no one makes any money. Sadly and simply, we all have that commonality to deal with every day. It certainly hasn’t been easy and it’s not going to get much better quickly. What a hyperbole!

Read Complete Artcile at  Mexico Real Estate Update 2010