By CYRIL MOULLE-BERTEAUX
May 6, 2008; Page A23 in The Wall Street Journal
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.
How can [...]
Posted on May 28th, 2008 by Tropicasa
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May 12, 2008
By: Scott Baltic, Contributing CPN Editor
The launch party will be held Friday and five of 46 condo units are presold, with three more under contract. Not earth-shattering, perhaps, but further evidence that the real estate slowdown is an inconsistent beast.
The first of two towers at Grupo GVA’s $40 million-plus Dos Marias condo project [...]
Posted on May 23rd, 2008 by Tropicasa
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MEXICO CITY — A sizzling stock market. A strengthening peso. Good economic growth. Someone forgot to tell Mexico that the U.S. has been flirting with recession.
Mexico’s gross domestic product expanded at an annualized rate of 2.6% in the first three months of the year compared with a year earlier, according to government figures released Thursday. [...]
Posted on May 23rd, 2008 by Tropicasa
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May 12, 2008
By: Scott Baltic, Contributing Editor
The launch party will be held Friday and five of 46 condo units are presold, with three more under contract. Not earth-shattering, perhaps, but further evidence that the real estate slowdown is an inconsistent beast.
The first of two towers at Grupo GVA’s $40 million-plus Dos Marias condo project just [...]
Posted on May 12th, 2008 by Tropicasa
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Puerto Vallarta and the Nayarit Riviera represent a “magnet” for tourism. Almost a third of buyers from the United States and Canada prefer it here. This region, together the Mayan Riviera and Los Cabos, are the areas where most properties will be sold this year in Mexico.
30% OF SALES OF NEW RESIDENCES FOR TOURISTS WILL [...]
Posted on May 2nd, 2008 by Tropicasa
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by Jesse Emspak
Investors who took the long view on exchange traded funds in 1998 were rewarded if they went overseas.
Nine of the 10 ETFs with the biggest yearly returns tracked overseas markets, according to Lipper data. Of those nine, four were in emerging markets.
The winner of the group is iShares MSCI Mexico (NYSEArca:EWW - News), [...]
Posted on May 2nd, 2008 by Tropicasa
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