Wednesday, July 2, 2014

The gain in SP grew 30% due to insecurity in NL

The uncertainty factor changed the map of the demand for house-room in the metropolitan area of ​​Monterrey, the number of its inhabitants emigrate to San Pedro Garza García, which in the past three years led to an increase of up to 30 percent in goodwill , an unprecedented event in the state and in the country, said Jorge A. Paredes Guerra, CEO of real estate firm Realty World.
"He had not given-an increase in property prices and exponentially-fast as usual," he said at a press conference.

The manager mentioned that to the environment prevailing insecurity in recent years, prices rose due to increased demand for living in the municipality of San Pedro Garza Garcia, regarded as the safest in the state.

"Almost had a mobility of people not only from the entity left municipalities of Monterrey, San Nicolas de los Garza and others to go to shelter to San Pedro Garza Garcia, also from other states and not to mention foreign" .

Paredes Guerra said he had never given this growth especially in a time of economic crisis; Now, this trend is expected to stabilize, since the perception of insecurity in Nuevo Leon is changing, which is reflected in the movement of home buying operations in areas such as summits and even the National Road begin to recover.

"The property market has been normalizing it for a year, so now standing for sale properties in areas like Summit in Monterrey, at a good pace," he said.

Paredes Guerra said that in the last two years, Mexico has implemented a number of changes and incorporation of laws that have changed the way they relate to customers, in addition to operating as a real estate agency. That is, that after the publication of the Data Protection laws, Forfeiture and Money Laundering, Reality World has had to apply full security and investigation procedures.

The above said, the Bureau has involved proceed Landlord, with platforms and access to 82 databases ranging from the Attorney General's Office and similar entity, to the FBI, Interpol, among other instances to rule out any illegal operations or criminal records who want to buy or sell a property.

Today, no company makes a real estate transaction to purchase a property 24 or 48 hours. Now it takes at least a week.

"Since these filters are implemented in the organization have been detected a number of illegal operations (us) as real estate companies have had to report to the proper authorities," he said.

Of the total lease transactions that take place in the state, 10 percent fall into "suspicious" transactions.

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