In what seems to be just a blink of the eye, 2013 is behind us and now our fresh start to 2014 has begun! Just like any new start to a new year, there are some things we can all expect…Gym memberships will spike and for us in Cabo, new homes will come on the market. In our seasonal market here in Los Cabos, it is common that Listing Brokers suggest to their clients to bring their new listing active during our high season when the majority of the buyers are in town looking to purchase. Thus, January has brought new listings and new inventory to our market, which is very exciting for buyers.
While most of the new inventory and new listings are re-sales, something we are seeing more of is that developers seem to be adjusting to the market and offering more of a variety products at different prices. For example, some of the exclusive private clubs and residential communities have now released new condos and townhomes at more attractive pricing, rather than just $2 Million dollar and up homes as they did in the past. This is great for our market because while many of our clients see the strong future in Los Cabos and Mexico, some wish to start more conservative and invest as the years go on.
Being able to offer listings at all different pricing levels is a great service to the buyers we work with at our brokerage. When we first consult with an active buyer, we encourage them to dig into the market statistics and learn about our market and see at what level they feel comfortable investing. Educating our clients on the new inventory, developer offerings, and the different price ranges and amenities that come with them, allows our buyers to purchase with absolute confidence. Our team of agents are heavily involved in the community, attend all open houses and developer events, and are full time Realtors who monitor the movement and sales in our market on a daily basis. This type of commitment is what our clients expect from us, as they should.
In 2014, our company and it’s partners and affiliates see a bright future in our market. We have nothing but confidence in “The Baja” and just as we encourage our clients, we are heavily invested in the area and have even opened an office in Loreto to account for the demand in the area. We are truly excited about what the future brings and proud to be a part of it.
By Blake Harrington