U.S. Buys In Mexico, Mexico Buys In U.S.

Great story here on how Mexicans are buying U.S. Real Estate in south Texas. Values in McAllen are some of the strongest in the state. Reminds me of our recent trip to Mexico last March — we met a charming young couple from Monterrey who impressed us with their hearts and work ethic. Luis is in telecommunications and holds two jobs; his wife also works and both are holding off on starting a family until they have built a solid nest egg. While Luis was born and raised in Mexico, his wife lived in the U.S. and was educated here for high school and college. I believe she told me her father was in the U.S. “illegally”. Which of course got me thinking how silly our immigration laws are that we would not provide a way for honest, hard-working people like this to become citizens or in some way contribute to our economy.

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DallasDirt is a daily discussion and dissention of the Dallas-Fort Worth real estate market, led by D Home Real Estate Editor Mary Candace Evans with contributions from real estate experts and aficionados. Topics include house porn, hot neighborhoods, hot agents, hip pockets, celebrity listings, second homes, vacation homes, real estate trends, data analysis, tips for buying, selling, or staying put. If DallasDirt were a house, it'd be a three-bedroom, two-and-a-half-bath ranch transitional on a quarter acre lot with stainless kitchen and granite countertops: sophisticated with designer touches, room for expansion. Make an offer.
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