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Showing posts with the label toy drive for Loreto
Local News on Loreto, Mexico Perhaps I miss my creative outlet, or perhaps I just wanted to say Happy Thanksgiving to all my friends that will be traveling next week. It is nice to have the blog to drop in and say hello when I get a thoughtful moment. The last year has taken its toll on me living la vida loca ; however, in my humble opinion I feel that we have hit bottom … or at least close to it. The global economic crisis has had its major affect on tourism, fishing, restaurants, bars, real estate and all businesses that boom from the domino affect of a thriving destination. There have been many layoffs and sad goodbyes to Mexicans and Americans that came to pioneer this Baja frontier. Real Estate has not been this low since 2005 and list prices have dropped 25% or more with motivated sellers. Since most land owners in Loreto are mortgage free and there is little credit, I do not foresee things going down much more. This means that the next several months will be a premier buy...