Merida, Mexico Real Estate Market Heats Up

MERIDA, Mexico, July 2 /PRNewswire/ -- Mexico International Real Estate reports strong residential home sales in the first six months of 2010. "We have seen a tremendous rebound in sales, especially in the Centro Historic District of Merida. We had a large inventory of restored colonial-style homes for sale at the end of last year. 2009 was a difficult year and inventory levels were high entering 2010. From January trough June of 2010, a combination of pent-up demand, a strong dollar vs. peso exchange rate, bargain prices and affluent Canadian buyers have fueled a robust real estate market in Merida and the nearby Flamingo Coast," stated Mitchell Jay Keenan, CRS of Mexico International Real Estate, based in Merida.

Merida and the nearby Flamingo Coast offer an inexpensive, exciting, tropical and diverse lifestyle enjoyed by a large community of Canadian, European and USA expats. For more information and to see the most recent videos of Merida and the Flamingo Coast, see http://www.youtube.com/profile?user=MexicoInternational#g/u and http://www.mexintl.com

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE Mexico International Real Estate

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