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Housing inventory not much of an issue in northern Baja California, broker Kathy Katz says

 

Housing inventory not much of an issue in northern Baja California, broker Kathy Katz says

By GLENN GRANT, Special to The Daily Transcript
Tuesday, June 17, 2014

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Sales have doubled each of the past three years at Baja Real Estate Group in Rosarito Beach and Ensenada, says broker/co-owner Kathy Katz. Courtesy photo

Low housing inventory is a challenge for most San Diego County real estate firms. But it’s a different story just south of the border.

“We have great inventory in northern Baja California,” said Kathy Katz, broker and co-owner with husband Max Katz at Baja Real Estate Group in Rosarito Beach and Ensenada. “There’s been a lot of developer-financed new construction the past few years, but because we got hit by the economy along with everybody else, we have new standing inventory.”

Americans by birth, the Katzes have lived and worked in northern Baja for more than 20 years. They have a second home in Chula Vista but raised their children in Rosarito Beach, where they’re active in community affairs and among other Americans who live in the coastal city.

“I was doing vacation rentals in Rosarito, then met up with a developer and started re-launching his condos,” Kathy Katz said. “I was always in sales, so I guess this was my calling.”

The firm has clients in the United States, Baja and the Mexican interior, and prides itself on educating them about property ownership along the border. A client-relations staff member was recently hired to funnel prospective buyers to agents and help them make informed decisions.

The firm’s eight agents also help clear up prospective buyers’ apprehensions and beliefs about Mexican laws regarding foreign ownership, such as the 99-year land lease.

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