If Choosing Can Be Scary,
Not Choosing Can Be Scarier

Some people love to choose (Cool! I get to pick!), and others dread it (Bummer. I have to decide.) If you love the self-determination and power of making choices, choosing is a breeze. You feel secure in choosing, and you trust yourself to make the right choices. But if the prospect of making a choice creates anxiety, indecision, or conflict, you need to learn the skills that can help you work through those things. You need to get into making decisions.

Michelle DeAngelis, author of Get a Life That Doesn’t Suck, discusses ways to cheer up even in tough economic times.

DeAngelis tells us that joy is a repeatable by-product of living one's life in integrity and of making conscious choices every day …

She tells us a tale:

There once was a court jester who was known throughout the kingdom as a very smart, clever and funny man. He had a knack for choosing the right jokes at the right time, and was one of the only people who could make the king laugh. One day, however, the jester went too far and insulted the king in such a way that the joke was deemed to have treasonous intent and was therefore punishable by death. The king, feeling compassion for the jester, told him that he could choose the way he would die. Many people, without thinking, would have chosen a quick and painless death. The jester, however, had been practicing making choices his entire life. He paused to think for a moment and then replied, "I choose death by old age."

What is the message here?

Well, a lot of people ask me about the real estate market in Playa, and, in my personal and humble opinion, I try to present them with a picture of a positive market and continuous growth in terms of property inventory. However, there are those that still look at the global market as being in a "ditch," and are still concerned with the negative effects it might have on the local real estate market.

The truth is that each person has to decide based on their own personal financial interests and their own individual view of the real estate market as a whole.

So here is brief Global Residential Market Forecast:

The most obvious sign of recovery in the global housing market is that 61% of countries recorded positive growth in the 12 months to mid-2010; data from the second quarter of 2010 suggest that the recovery is continuing to spread.

Which more specifically means that the post-crash bounce in global housing markets is considerably growing.

In our "neck of the woods," we are seeing a more consistent turnaround in the housing market, more consistently in the National (Peso Loan) Market.

Market trends to look at:

• It is definitively a Buyer's Market. (A market that has more sellers than buyers. Low prices occur from the excess of supply over demand. Also called Soft Market).
• Interest rates in the U.S. and Canada are at their lowest in many years. (This should encourage foreign nationals investment in the area).
• Although some Mexican banks have discontinued their Bridge Loans for Developers, new products such as the Pre-sale program, whereby the Lender funds the construction of the home, are now becoming more accessible.
• Employment conditions in Canada are on the rise and thus income levels as well. (Our local market has a high influence of Canadian property investment clients, therefore sales will definitively be moving up).
• A Second-Home Trend Report by E360's indicates that 45% of existing second-home owners believe that now is a good time to buy an additional second home.
• Mortgage rates for Americans and Canadians purchasing property in Mexico have remained steady.