August 23, 2006

Gaye Burwell, MIRM
NSMC Chair
Raleigh, N.C.

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 Trade Mission to Explore Opportunities in Mexico

The $5.3 billion niche market for resort and high-end, resort vacation and retirement homes in Mexico is growing and attracting U.S. and European buyers — particularly in the areas of Puerto Vallarta, Nayarit, Puerto Penasco, Los Cabos and San Felipe along Mexico’s Pacific Coast. It is also offering growing opportunities for U.S.-based home building companies.

To learn more about this market, NAHB International is organizing a trade mission for U.S. builders and others in the industry to Puerto Vallarta/Nayarit and development sites in the Banderas Bay area on Nov. 12-14.

Developers, builders, suppliers and other industry professionals will be able to explore business opportunities and meet with private developers, public officials and other industry players. The trade mission will also include site visits.  

The trade mission will include private briefings with government and industry experts from FONATUR (Mexico’s Trust for Tourism Development), FIBBA, (Fideicomiso Bahia de Banderas), the Export-Import Bank of the U.S., the Overseas Private Investment Corporation and Stewart Title Guaranty de Mexico. 

Participants also can schedule "one-on-one" meetings with builder/developer members of Mexico’s Construction Industry Chamber (CMIC).

For more information, go to www.nahb.org/international and click on “Upcoming Global Activities,” or contact Rita Feinberg at 800-368-5242 x8415 or rfeinberg@nahb.com.

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