Costa Rica Real Estate Investors Market Update For The Area Around Liberia International Airport
Article from http://www.welovecostarica.com
People always ask me how our real estate market is doing, is it stable? Did we see a big fall out like the USA?
I believe Costa Rica has one of the most stable real estate markets in the world for a couple of reasons:
99% of our clients paid cash.
There is no formal MLS in Costa Rica.
People can blame whoever they want for the crash of the real estate market in the USA. You can say it was greedy real estate agents, pushy mortgage brokers, banks looking the other way. You can blame it on one President or another or the law that was passed to allow easier access to housing which opened the door to non-qualifying loans. And all of these might be true but… READ MORE