• Home

What to Believe?

3/3/2010

0 Comments

 
Picture
Ticotimes, a very popular english newspaper in Costa Rica recently released a big section covering the real estate market in Costa Rica. Just before that amcostarica.com also a popular news source (but terrible journalism) published a few different articles on the market as well.[...]

If I didn’t work and live here I’d be very confused after reading all the articles. How can the reports be so mixed you might think? Well it’s easy, let me explain. 1. It’s media. If you have not learned by now, the media in the U.S. has quickly become nothing but a source for manipulation and spinning. Whether it is causing fear, or stretching the truth the news does not always present accurately, instead they present what sells.

2. It’s real estate. Area wise, Manhattan is a small city, yet prices can dramatically change within one block. You look at different parts of the U.S. and real estate is not equal, Arizona real estate have prices plummeting, but parts of Texas are still appreciating. All real estate is NOT equal, and Costa Rica is no different. You can’t compare a property in Parrita, Flamingo, and Escazu all the same.

3. Developers. Unfortunately, simply put there are a lot of poorly done developments in Costa Rica. It is not uncommon to see many developers in Costa Rica who haven’t built anything in their lives prior to arriving in this country. Each development is definitely not created equal.

So what’s the truth? Probably a little bit of everything. Has the real estate market picked up? Yes. Is it anything like the peak of the mid 2000s? No. Some developments can’t sell a thing, other’s have seen 4-5 sales in the mast month. Just like everything you read, it needs to be taken with a grain of salt. To accurately know and understand you need to talk and know people you can trust. If you would like to talk to someone who lives and works in Costa Rica Real Estate and someone who will give it to you straight, just give me a call or send me an email.

0 Comments



Leave a Reply.

    Archives

    November 2014
    September 2014
    June 2014
    May 2014
    April 2014
    October 2013
    September 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    December 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010

    David Karr

    Providing you with real estate tips, deal alerts and news for the Jaco area.

    Archives

    November 2014
    September 2014
    June 2014
    May 2014
    April 2014
    October 2013
    September 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    December 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010

    Categories

    All
    Jaco News
    Properties
    Real Estate News
    Reviews

    RSS Feed

Picture


Originally from Washington State ( Go Cougs), David Karr is the owner of the Coldwell Banker franchise in Jaco, Costa Rica.  With nearly 20 years of experience, David takes a different approach to Costa Rica real estate, focusing on educating clients with the market, navigating them through pitfalls and focusing as a buyers agent to make sure clients are presented all options.   If you are looking for an expert in Costa Rica real estate be sure to contact him today. 

Contact David Karr 


Picture
Costa Rica
506.8718.7216

U.S. Direct

509.855.7457

Email

[email protected]
  • Home