October update from One Stop Real Estate in Playa del Carmen.

What is a Pocket Market? 

Hello everyone.

I wanted to send this with last months article but, it just got too long. Today we are going to explore the effects of the shifting, or even falling, United States real estate market on Playa del Carmen and The Rivera Maya real estate market.

We all know, and can see, there is a huge change taking place in the general real estate market across North America. In every shifting market there are Pocket Markets. These are areas which withstand the shift with little or no effect.  In British Columbia, Canada the Okanagan Valley is one of those areas. Scottsdale, Arizona is another good example. I am sure you can see areas like that in your state or province. So how will this shifting market affect us in the Riviera Maya?

If there was ever a Pocket Market; this is it.

The Mexican government recognizes that, and they are pouring millions of dollars into the development of The Rivera Maya. Mexico is also enjoying huge investments from Europe. If you look at resort properties alone you will find that Spanish companies were the top investors last year investing more than 416 million dollars into resort properties. The tourism agency reports that Americans invested over 321 million dollars last year. This kind of foreign investment, coupled with government investment, has stimulated and driven the economy to create some of the highest average incomes in the nation. This is creating a more stable economic base and a higher standard of living for the general population.

A very high percentage of our buyers are baby boomers, who have paid off their homes, and have the cottage, and are now looking for the sunny hide away. Many of these same buyers have substantial inheritance money that they are investing as well.  These clients are not just from North America, they are from all over the world. This kind of demographics gives us an even more stable market as changes in one area will not affect our entire investment group. As a slow down does take place in the United States those well seasoned investors start to look for the next evolving market and as they do they are discovering Mexico and The Riviera Maya. Mexico is a new area of investment, and the buyers tend to have higher-incomes.  They are not the first time home buyers or first time investors. History shows us that the baby boomers will not be denied and this is no exception. Baby boomers have discovered the Riviera Maya and they are bringing their money here to invest and enjoy. You decide what is right for you, but my money is invested here!

Shawn Bandick is originally from Canada, a published author, and owns One Stop Real Estate . He can be reached by e-mail at This email address is being protected from spam bots, you need Javascript enabled to view it   or call Shawn directly by phone at +52(984)100-5016 mobile 984 803 3739 office