Tulum Real Estate News – Bidding For Airport Construction Advances

One of the most important factors affecting the potential for increases for prices of Mexico land for sale in the Tulum real estate market has been the upcoming international airport. The most recent progress of this airport has been the upcoming announcement of the company which will construct and operate the airport.

Specifically, in early February, Mexico’s federal agency to ensure fair competitiveness, COFECO, voted not to allow ASUR (Grupo Aeroportuario del Sureste SAB de CV) from participating in the bidding process. The reason for the decision is that this same company operates the Cancun International Airport, about 2 hours away, which is the only other major airport easily accessible from the Riviera, which stretches from Tulum to Cancun, including Playa del Carmen.

The move comes to ensure competitiveness between the two airports, offering the best prices to tourists and residents of Tulum and nearby areas. This fact is a benefit for anyone buying Tulum real estate for the purpose of retirement, vacationing or relocating to Mexico for any other reason.

On the other hand, Tulum land for sale is likely to benefit either way. Existing land developments along the Tulum-Coba highway are already seeing future benefits in their planning stages; recently, a new bypass was announced which would provide a highway route around the town center area, through which the current highway passes; this bypass will provide the access to the airport as well, which is located very near to its intersection with the Tulum-Coba highway. When this bypass arrives, residents of homes they build on their land will have easier access to Playa del Carmen, Cancun and the future airport. They can also expect to see prices rising – even more so when as the airport itself advances through planning stages.

ASUR reported that they would begin an appeal process, pointing out that they operate at very accessible prices, with Cancun Airport costing an average 134 pesos (12 dollars) per passenger in airport fees. This fee is set every five years by Mexico’s federal Ministry of Communication and Transportation, and therefore would not be affected by competitiveness, claims ASUR.

The capacity of the Cancun airport is currently 30 million passengers, and the new airport in Tulum would be another 15 million. ASUR has invested just under a billion dollars since the company’s privatization, to modernize and expand the structure of the nine airports that manages and, in particular, in the Cancun airport has received well over half that amount. For two consecutive years Airport Council International (ACI) has named the Cancun Airport as “the best airport in Latin America and the third best in the world.”

Whether ASUR is permitted to compete for the contract or not, those who invest in Tulum can expect to see good results in their return. The decision for the winner of the contract is expected this spring.

TOPMexicoRealEstate.com; Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

Neighborhood News – Real Estate News For Buyers – Sellers And Homeowners

Looking for local facts and figures? Get them all free.

It seems that many of us are fascinated by facts and figures. National news reports are filled with financial, economic and research statistics from a variety of sources. How did the financial markets perform? What does the average house, automobile or gallon of gasoline cost in this country? Most of these statistics are all readily available on the Internet with a few clicks of the mouse. But you may face a greater challenge if you’re looking for information on a local level.

The good news is that even though many of these neighborhood facts – income, age, households, education, employment and more – are available on request in a single report that’s tailored to your own neighborhood. Neighborhood Reports include city, county and state facts. For public and private schools, information, such as enrollment, high school rankings, funding, Parent Education, income and more.

Interested in housing? Find out about renting versus homeownership, local sales, price trends, current listings and more. Neighborhood Reports even include climate information such as average temperatures and precipitation. Ask your local real estate professional for a free, no-obligation Neighborhood Report – for any neighborhood in the U.S. These reports are great sources of information are completely customizable for you, and are a great way to learn more about your hometown or any town in the U.S.

The sub-prime issue – what’s it all about?

One year ago, most homeowners probably couldn’t tell you the difference between sub-prime lending and a submarine sandwich. Today, the term “sub-prime” generates heated controversy and is prominently featured in national news stories.

According to mortgage expert Jack Guttentag, a sub-prime lender is one who provides mortgages to borrowers who do not qualify for loans from mainstream lenders. Sub-prime borrowers typically pay higher rates and fees than those with good credit scores. Sub-prime lenders must charge higher rates and fees to cover increased risk and higher costs.

Why the controversy? Many U.S. homeowners are facing issues with their mortgages, including losing their homes, because of sub-prime lending, interest-only loans and other types of “creative financing.” Critics are pointing the finger squarely at sub-prime lenders for steering borrowers into unaffordable loans. Looking back, it’s become obvious that many lenders had lax standards and were careless about properly qualifying borrowers, many of whom are now struggling to make payments. In truth, compared with conventional loans, a higher percentage of sub-prime loans go into default.

Mortgage industry professionals point out that not all sub-prime lenders are unscrupulous, and that many borrowers with poor or no credit are now homeowners because of sub-prime financing. The controversy is likely to continue, but the best advice to borrowers may be to work on improving their credit scores and heed the old “buyer beware” adage in any type of mortgage financing.

Annual percentage rate is the cost of credit, expressed as a yearly rate. It is higher than the associated interest rate because it includes fees associated with borrowing in addition to interest.

Choose One Reliable Source for All Real Estate News

If you are a property investor and you want to stay informed of the latest in the property market then you need to keep in touch with all the sources which are reliable sources of news related to the world of real estate.

This real estate news can not only help you in staying updated with the latest information but also help you in knowing about the trends in the market. These trends and the news help you in making informed and wise decisions. If you are in this property business then you need to have local and national news on real estate. Just like any other business there is lot of competition in this field as well.

Good sources of news have panel of experts from real estate world and these experts analyze the trends and news and help you in easy understanding of the news. These news sources are very helpful for the beginners in this market. Apart from news and information, you can find good deals locally. You also learn the ways to find good deals but also learn the ways to settle deals faster and more effectively than the competitors in the market.

These channels of news are effective in saving time and money that you spend for getting the latest news from the world of real estate. We can make use of the latest technology for getting this news. This technology is evolving rapidly and you can get the news through these sources but we need to make sure that the source of information is reliable.

Here are some benefits of choosing a good news channel:

- Reliability of information:

A good source of information can be characterized by reliability of the information. If the information is not reliable then it can make you run into losses. One bad deal can throw you out of the competition and good deals can help you in growing fast.

- Easy availability

You must focus on a source which can be one complete source and which can provide all the local and national news from the property market. The information and news must include news on auction results and complete real estate news. This will end the need for finding other channels of news. This will make it easy for you to track updates and stay focused on just one channel.

- Centralized services

Centralized services make it easy for you get the news conveniently. Even if you have to pay for getting news then you would have to pay only to one source and still have all the information, tips for the trade and advice for the experts in the market. A centralized source which is reliable enough, is sufficient for any property investor to get quality news for taking business decisions and making choice.

Most importantly, if you subscribe or follow many news channels or sources, then it is humanly not possible to read all the news, follow all the tips and chase all the deals. This is why you must stay focused on one source and focus on the strategies that you learn from it.

How to Read Between the Lines of Real Estate News

We all need to stop, think and let our emotions subside. Real Estate articles and headlines continually press the housing bottom issue with catch phrases, buzz words and faulty property data from public records that stimulate irrational responses. But along with Real Estate being Emotional, it is Cyclical and Seasonal as well. As the public, it is our job to filter through the news that is being presented to us. But sometimes it gets tricky. Here are some tips on how to read between the lines of real estate.

Read the Entire Article: I know it sounds like common sense, but most readers fail to read an entire article and are only left with the impression of the headline and the first two paragraphs. Article headlines are deliberately written in a way to draw readers in, despite whether the headline makes any sense or not. Since most real estate articles are written like feature stories in a narrative manner, the real value of the story – or the nut graph – doesn’t appear until 3 or 4 paragraphs down. Usually, this is where the headline is either proven to be false, exaggerated or irrelevant.

Watch For Buzz Words: When words like “soar” “plunge” and “boom” are used, watch out. Look at the data being presented (if there is any) and determine if these words hold any merit. If home sales had an uptick of 1% month-over-month, in a seasonal cycle with an $8,000 tax credit incentive, is “soar” the word to be using? The same goes with economists “forecast” “predictions” and “projections”. If construction was projected to drop 17% and it only dropped 15%, we are not doing “better than expected.” All of these cases are subjective. Don’t get overwhelmed with emotional expressions and confusing jargon. If the validity of the writing is in question, then the validity of the data can be questioned as well.

Use More Than One Source: If an article is making claims without multiple accurate and sufficient sources of data to support it, counter the report with another of the same topic. Usually you will find two different spins on the same data reports everyday. Our recent article on the Real Estate Mania of the Case-Shiller Index touched on this situation. As the old saying goes, there are three sides to a story; one side and the opposing side, with the Truth lying somewhere nestled in the middle.

Do Your Own Research: What good is it to receive information if we don’t bother to determine our own interpretation? People share stories to get another viewpoint. If you spit out verbatim to a person sharing a story or experience, you haven’t added any value to their perspective. After viewing two opposing viewpoints, search the web for the direct source of data. See how they spin it, look closely at that data and ask yourself questions for clarity. If the clarity you’re looking for can’t be achieved, then something is wrong.

See What Others Think: Individuals are smart, it’s only People who suffer from lack of reasoning and understanding. With the surge of Social Media, it is easier than ever to see what other people think on a particular situation. Many times, a bogus article is flagged right in the comment section following it. Gather the opinions of your peers in the comments and scour the social media networks for recent conversations.

As we head into the fall and winter seasons of Real Estate, it is important to decipher the news being fed to us everyday. Even prominent news sources can’t be taken for face value. Stop, think and let the emotions subside.

Be Updated With Property News and Real Estate News

A property investor can achieve great success by keeping himself updated with property news and real estate news. Real sector is nowadays booming with increased transactions in the property in the day to day life. The main reason behind this is the need of the property and its increasing value.

Employees of real estate such as real estate agents, brokers, dealers, property dealers and brokers carefully monitor and handle transactions in the property field. With their expertise, these people can create accurate transactions.

Before purchasing any property, a property investor should carefully study and do research about that particular property. If you are one of the investors, you can also refer to a property magazine which can provide you useful tips which you can use to examine an investment. This magazine contains information about the best news of the business world such as features, views and opinions of experienced investors.

Few providers of real estate news and property news even offer a money-back guarantee if at a given time you don’t earn the profit promised by this news. Nevertheless, these subscriptions are offered for the short contract period and prove cost-effective for the investors.

If you are in real estate business, then you can make a newsletter. To make a newsletter is a tough task as it requires excellent writing skills and right materials to make it more useful and effective. This letter also requires expertise in marketing skills to know what and when to sell your products.

For new investors, who are planning to invest in a real estate market and property market can go through following tips to make their investment a worthy one. One of the most important tips for the first-time property investors is to stay updated with real estate news and property news.

Following are some tips for first time property investor:

• Be specific – Kind of property you want to invest in. Being specific about the kind of property will help in making your search refine and narrow.

• Do some research and study – It is important to do some research before investing in any kind of property. You should study property values and how they change, popular properties and even property values when you are offering to purchase.

• Make sure that your finances are in order – Even if it seems obvious, it is a common mistake done by first-time investors. By making sure that your finances are in order before investing as it would refine your budget and you would be in a better position to make an offer on a property when you find one that is liked by you.

For studying more information about real estate news, property news or property investor you can surf various websites on the Internet.