Second-home buyers from the USA are increasingly looking to Mexico as a market in which their real estate dollars have more purchasing power.
As prices for U.S. real estate in popular resort and recreation areas rise, buyers see Mexico as a very viable second-home location. Canada and Europe, like the USA, are also experiencing the demographic force of a wave of "Baby Boomer" retirees who expect to maintain an active lifestyle.
These demographics fuel demand for the purchase of second homes as vacation-getaways and retirement residences. Second—home buyers and retirees are drawn to Mexico because of its relatively lower cost of living, relaxed life style, exotic destinations, mild climate, and the potential for value appreciation.