International Land Alliance, Inc (OTCQB:ILAL) Co-Founder and Vice President Jason Sunstein tells Proactive the San Diego, California-based group is seeing residential home demand from first time home buyers at its Mexico properties in Baja California.
Sunstein says first time home buyers are getting priced out of the Southern California market, where median home prices are moving to around $680,000, and buyers are now seeing the allure of a lower price point of around $189,000 in Mexico, 45 minutes south of the border.