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What Cabo Real Estate Pros Expect For 2013

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One of the greatest investments to have braved the test of time and withstood the winds of change, has been real estate. Cities and countries around the globe like Cabo San Lucas, Mexico and the USA, have gradually seen a rising change in the real estate market, which has been slowly coming around after the devastating economic collapse which hit the North American continent pretty hard a few years ago. The number of properties sold in the Los Cabos real estate market for 2012 was up 9% from the year before. In 2011, there were 440 units sold in Los Cabos and 469 during the 2012 calendar year. While the number of houses sold went up in 2012, the volume of sales dropped from $225 million to $175 million. ''I've found that the demographics of our buyers has shifted. We are finding that they are looking in a lower price range and even those looking for a million-plus home are bargain seekers. The buyers are more demanding than ever, and who can blame them? There are enough great properties on the market to choose from. They can afford to be picky,'' said Carol Billups on her website. Carol is an independent broker/owner of 11 years with Cabo Realty Pros. The Southern Baja California region has a current inventory of 2,445 units available on the market valued at $1.9 Billion USD. The bargain deals are...

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