Mexican Resorts Show No Sign of Catching U.S. Housing’s Cold

August 28th, 2006 by Puerto Vallarta News Leave a reply »

Mexican Resorts Show No Sign of Catching U.S. Housing’s Cold – Los Angeles Times: “That’s good news for Janette and Harvey Craig, who paid $60,000 four years ago for a piece of beachfront property in Litibu, a small beach community about 30 miles north of Puerto Vallerta. They expect the parcel, which is worth about $300,000 today, to become even more valuable when the nearby resort is completed in three years. It will include hotels and condominiums, 910 homes and an 18-hole golf course designed by Greg Norman.”

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