AMPI and NAR Renew Working Agreement
The Mexican Association of Real Estate Professionals (AMPI) and the National Association of Realtors® (NAR) have renewed their working relationship and affiliation. Below are some of the key points outlined in the agreement: AMPI will prepare a marketing program and will encourage its members to become members of NAR’s InternationalSection. NAR will promote AMPI international...
More optimism about Mexico’s economy
Despite the global slowdown, multinational CEOs are generally upbeat on Latin America‘s business outlook this year, according to a Latin Business Chronicle survey. Nissan, the Japanese auto manufacturer, will invest more than 1.9 billion dollars in the construction of a new car plant in Aguascalientes. This could be the most important foreign direct investment (FDI)...
Mexican Housing Industry Predicted to Remain Stable
Ariel Cano Cuevas is the Director General ofVivienda,Mexico’s national housing agency. He delivered the key note speech at the recent Mexican Association of Real Estate Professionals (AMPI) Toma de Protesta (Innauguration) inMexico City. During the presentation he announced new initiatives for two social housing agencies, INFONAVIT and FOVISSTE. He concluded his remarks by predicting the...
Morelia, City of Light
Latin America’s Illuminated City Gets More Lights
Morelia is more than the political capital of Michoacan, it is also the cultural center. In 2003, the city embarked on an activity, ”Plan Luz.” Buildings and historical monuments are lit up at night. The architecture is a true sixteenth century jewel. In 2010, Morelia was named, “Latin America’s Illuminated City,” by the organization, Lighting...
REALTORS ® Seize the Day
This year’s National Association of Realtors® (NAR) annual Conference and Trade Show was held in Anaheim, California. The theme comes from the fact that with low interest rates and lower prices for homes now is the moment to buy. (Or Seize the Moment) The attendance of 20,000 exceeded expectations that 18,000 would be there. A...
Busy month for the Mexican Association of Real Estate Professionals (AMPI)
October was a busy month for the Mexican Association of Real Estate Professionals (AMPI). The association staged two significant conferences. The first was the annual FORUM of the Mexico City AMPI Section. It is always the largest in the country, with more than 600 attending this year. Marcelo Ebrard Governor of the Federal District. District...
New members Elected to AMPI’s National Advisory Council
Ten new members have been elected to the National Advisory Board of the Mexican Association of Real Estate Professionals (AMPI). The election took place at AMPI’s Annual General Assembly held in Merida, Yucatan. Armando Trujillo of Guadalajara led the balloting followed by Linda Neil of La Paz/Los Cabos. Others elected were Rogelio Ledesma of Queretaro,...
FORUM: The future of business and real estate in Mexico
Miami Based Journalist Speaks to Mexican REALTORS® More than 600 members of the Mexican Association of Mexican Realtors (AMPI) from Western Mexico met recently in Guadalajara. They came to attend the twenty first annual Forum of the AMPI Section in that city. The Key Note address was given by Andres Oppenheimer from the Miami Herald....
Mexico’s Economy is Strong, says central bank
Augustin Carstens, the Governor of the Central Bank of Mexico (Banxico) said last week that the country has the elements necessary to face the problems generated by the U.S. debt and the Euro zone nations. In a media conference, Carstens said that the accumulation of international reserves, low interest rates and fiscal consolidation are some...
Realtors® Congregate In Washington
More than 8,000 members of The National Association of Realtors® met in Washington, D.C. for the mid year meetings held each year in May. While most were from the United States, others were from around the world including Mexico. Sergio Gomez, Vice President of the Association of Mexican Real Estate Processionals (AMPI) and John Glaab...
Purchasing Mexican Real Estate
Buyer Beware and other Common Sense Tips
Those of us working in the Mexican real estate industry are frequently asked the same question. “Is it safe to buy real estate in Mexico?” The answer is “Yes, if you follow certain guidelines.” In which case, your purchase is as safe as it would be in Canada, the United States, or elsewhere. Only a...
AMPI National Inauguration
New Leadership
The Mexican Association of Mexican Real Estate Professionals (AMPI) has a new President: Adan Larracilla of Puebla, Puebla, has been sworn in, replacing outgoing President Hector Obregon of Leon, Guanajuato Also at the ceremony, Sergio Gomez became AMPI’s new Vice President and ten members representing a broad cross section of the Republic, joined the National...
