Owning a Home: Goal for Mexicans in 2019

Buying a home during 2019 is the goal of seven out of 10 people looking for a home in Mexico, says a study conducted by real estate portal Vivanuncios.

According to a survey conducted by the company, 70 percent of the participants expressed interest in buying a home during this year, while 20 percent said they would choose to remodel their current residence, and only 10 percent plan to rent a house or apartment with the objective of becoming independent.

According to the study, the main reason those surveyed seek to buy a house is that they consider it a satisfactory investment and they no longer want to continue renting.

On the other hand, those wanting to rent say it’s for convenience, since they prefer to invest in travel, gadgets and clothing, and some lack access to mortgage financing.

In an analysis of the total possible buyers, 68 percent said they want to buy a house, 19 percent an apartment, and 13 percent a piece of land.

Owning a Home, Goal for Mexicans in 2019, Guadalajara Real Estate Guide