In the next two decades, as millions of Baby Boomers in the U.S. put their homes on the market, there will be a serious downward pressure on home values as more and more “FOR SALE” signs go up. This is in addition to the recent decline in home values nationwide.
The trend has already begun. In [...]
Posted on November 18th, 2008 by Tropicasa
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By JASON ZWEIG
The tables have turned.
For the past couple of decades, the markets have been dominated by institutional investors who devoured bargains so fast and in such bulk that individual investors were usually left, at best, with a few scraps.
But pension funds, hedge funds, mutual funds and other institutions are under siege as their portfolios [...]
Posted on November 18th, 2008 by Tropicasa
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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 soon start grilling the ‘catch of the day.’ Young [...]
Posted on September 12th, 2008 by Tropicasa
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The Edmonton Journal
Mexico is home to close to 700,000 U.S. and Canadian citizens who exchanged urban busyness, frigid temperatures and higher living costs for a more relaxed, warmer and inexpensive lifestyle.
Mexico was named the world’s top retirement destination in an annual look at global retirement trends in International Living Magazine.
The magazine released its 15th annual [...]
Posted on September 12th, 2008 by Tropicasa
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From Wikipedia, the free encyclopedia
Economy of Mexico
Santa Fe Business District (Mexico City)
Currency
Mexican peso (MXN, $)
Fiscal year
Calendar year
Central Bank
Banco de México
Trade organisations
NAFTA, WTO, and OECD
Stock Market
Bolsa Mexicana de Valores
The economy of Mexico is 14th largest in the world,[1] with a gross domestic product (by PPP estimate) that surpassed a trillion dollars in 2004,[2] measured in purchasing [...]
Posted on August 22nd, 2008 by Tropicasa
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From January to April, tourist investments in Mexico have totaled $2.803 billion USD, accounting for 84% of the total annual goal in this area.
The SECTUR director noted that during the past 16 months of President Felipe Calderón’s administration, Mexico has accumulated $6.267 billion USD, as a result of which it has achieved 31% of its [...]
Posted on June 23rd, 2008 by Tropicasa
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6/4/2008.-As of last Monday, the International Airport of Puerto Vallarta Gustavo Díaz Ordaz has a booth which is reimbursing the Value Added Tax (VAT) to foreign tourists that have made purchases in the country.
The booth is owned by the Mexican company Yvesam Retornos Mundiales S.A de C.V, who obtained a ten year concession to [...]
Posted on June 9th, 2008 by Tropicasa
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From the 30 May 2008 Miami Herald, BY FEDERICA NARANCIO McClatchy Newspapers
WASHINGTON — When the U. S. economy sneezes, Latin American economies catch colds, according to an old saying. Not this time — at least for now. The U.S. crisis triggered by subprime mortgages and rising energy costs will spare most economies in Latin America, [...]
Posted on June 2nd, 2008 by Tropicasa
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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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