Real Estate Association Reports Huge Growth
The Southern Baja association of real estate professionals (AMPI) reports an impressive increase in sales in the past 16 months and a change in favorite areas to buy a home or piece of land. The top selling area is (drumroll here please) the corridor between Todos Santos and Pescadero, which saw an increase of 40% in sales, followed by La Paz (30%) and Los Cabos, which percentage was not revealed. Eighty percent of the sales were homes and condos and 20% land, with half of the sales going to foreigners. The average price has not decreased and in many cases it went up.