Coldwell Banker Riveras real estate achieves top position in Mexico for 8th consecutive year
Coldwell Banker Riveras, a Coldwell Banker brokerage in Baja California Sur, Mexico, has been awarded as a the Nr. 1 Coldwell Banker real estate office in Mexico for the 8th consecutive year. With the 39 year legacy in real estate sales and development, Coldwell Banker Riveras is servicing it’s home buyers and sellers with a winning team of 27 dedicated real estate agents and offices in major towns around the state.
In addition to the brokerage award, Coldwell Banker Riveras real estate agents have been awarded on a national level; Joanie Feinstein receiving the CB International President’s Circle Award, and Rebeca Curiel and DeVonna Simpson each receiving CB International Sterling Society Award. Top performing agents awarded locally were Joanie Feinstein, Rebeca Curiel and Marilu Madrid (Cabo San Lucas region); Alvaro Colindres, Lisa Welsch and Kevin O’Leary (San Jose, East Cape and Pacific region); and Gabriela Alvarez, Anabelle Rossell and Leticia Resendiz (La Paz region).
Despite the economic crises, which affected Mexico in 2008 and 2009, Coldwell Banker Riveras team continued performing brilliantly and retained the top position in the entire Mexico for 8 years (since its very beginnings).
Leticia Diaz Rivera, the Coldwell Banker Riveras broker, explains “With 35 years of experience I could say we’ve seen it all. After the years of double digit % rise of home values in Baja California Sur (BCS), 2009 was the first year ever that brought down the prices of BCS real estate, with reductions ranging between 10 to 40%. As with any investment, the value of your property or housing investment is varying as well, largely depending on the alternatives driven by combinations of local/regional capital markets, and added value (such as location, amenities, proximity to school, hospitals, downtown, beaches i.e.). In case of BCS real estate, we have seen a historic trend over the past 35 years, which assures any owner that their investment will increase in value in the mid and long term. There is no other location in the world that could offer you such an amazing combination of location, weather, nature and stable economic conditions of the country. Even in what has been a very challenging market in the past 12-24 months Coldwell Banker Riveras has been the best performing brokerage in each of its markets helping sellers maximize their value and buyers find the best insider deals in BCS. The value you will probably not find again in Baja Sur in the future.”
Coldwell Banker Riveras real estate portfolio represents around 400 properties all around Baja California Sur (new and resale homes, homesites, developer properties, commercial properties, investment properties, beachfront estates, ranches, hacienda style estates and more). In 2012 over 87% of the sales involved their own listed inventory. Average Days on Market (DoM) for a homesite in 2011 was 318 days and average DoM for a residential property was 147 days.
Why investing in Mexico is a safe, attractive and a reasonable decision?
- Proximity to the United States and Canada; Los Cabos and La Paz airports are a direct flight away from many major towns.
- Lower costs of living.
- The location and weather; Baja California Sur has on average 350 sunny days per year, and is surrounded by Sea of Cortez and Pacific Ocean, offering an array of on- and off-the water activities, world class sports fishing and golfing.
- The country’s macroeconomic position is strong amid sound policies.*
- While the economy remains highly linked to the U.S., it is better prepared to face an external shock from the developed world compared to the past.*
*Source: IIF Research Note: Mexico: Ready to Withstand a Global Rough Patch, October, 2011
Coldwell Banker Riveras, #1 Coldwell Banker office in Mexico for the past 8 years running, encompasses over 39 years of local real estate experience in the top 10 markets through the state of Baja California Sur, with offices around the state: Cabo San Lucas, San Jose del Cabo, La Ribera, Los Barriles, La Paz, Todos Santos, Pacific Corridor.
About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of approx. 85,000 sales agents working in approximately 3,100 offices in 51 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.