How Los Cabos real estate proved itself #unstoppable By Carol S. Billups I 38 LOS CABOS MAGAZINE | WINTER 2015 es, home furnishings, and domestic assistance. Our clients’ influence extends further into the community, adding jobs in retail, recreation, and restaurants. In the first two months after Hurricane Odile, MLS members closed 26 sales and negotiated an additional 21 accepted offers. Not bad, when you consider that for much of that time the airport was closed and there was no electricity or phone service. We are, indeed, coming back. “After 30 years in Los Cabos and some 11 hurricanes later, I can state with conviction that the recovery from Hurricane Odile was unprecedented,” says Mike Schaible, president of the MLS and owner of Baja Properties. “Not only has Los Cabos been able to clean up and reopen in record time, but we’ve done so with a renewed sense of strength and pride throughout our community. Los Cabos is unstoppable.” According to Schaible, the real estate industry is poised for a strong comeback from the recession. Clients, he says, have not been fazed one bit by the storm. Industry-wide MLS brokers are experiencing high traffic on their websites from prospective purchasers requesting information on properties and planning to visit this season. “I truly believe that now is the time to purchase that perfect Los Cabos property, and I anticipate many of our visitors will do just that,” Schaible stresses. Developers are also optimistic about the area’s future. Copala at Quivira Los Cabos sales director Rafael Covarrubias says the company has already closed the first post-storm sale, has two more reserved sales, and hosts daily tours of the property. “This confirms that interest in Los Cabos as a viable investment is solid,” he says. “We believe that the recov- After the Storm t started almost as soon as the winds died down. #CaboStrong. #CaboFuerte. And #UNSTOPPABLE. A whole city banded together to pull off the miracle that is the rebirth of Los Cabos. The real estate community was and will continue to be part of that effort. In addition to thousands of hours of volunteer service by the more than 300 members of our multiple listing service (MLS), we did something else to contribute to the recovery: We sold a little real estate. It’s no secret that real estate is one of Los Cabos’ largest industries. We provide jobs in many sectors, including construction, legal servic- Ventanas Residences, pictured, had a quick recovery after Hurricane Odile. Francisco Estrada real estate • Own Property in México even if you’re not a Mexican citizen • Your escrow will be US-based safe and secure • Los Cabos offers options for all budgets and lifestyles • Your vacation home can be hassle-free Carol S. Billups while you’re away Local: 044 (624) 147- 7541 From US: 760 481- 7694 Email: CarolBillups@hotmail.com www.caborealtypros.com www.loscabosguide.com/carolbillups
Los Cabos Magazine #39 - Winter 2015
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