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Welcome to Northern Baja California Realty
 We are excited to be a part of the Baja lifestyle and the Baja real estate business!
Our team offers you the best combination of market expertise, knowledge and professional service, delivered in a friendly environment all focused on helping you navigate the process of buying or selling your home in Baja California, Mexico.
We offer information on all Baja real estate developments including Club Marena, Trump Baja, The Residences, Las Olas, Bella Vista, Calafia, Las Palmas, Bajamar, Pacifica, Palacio del Mar and Baja Diamante in San Felipe. In addition, we offer resale and new Baja homes in the communities of Punta Bandera, San Antonio Del Mar, Real Del Mar, Baja Del Mar, La Paloma, Las Gaviotas, Mission Viejo, Plaza Del Mar, Rosamar, Baja Malibu, La Mision and Puerta Del Mar.
Search for Baja Real Estate for Sale on our "Baja Real Estate Listings" page, then contact us to arrange a viewing. Please note that all of our Baja real estate listings have undergo a due diligence process for financial, legal, tax, environment and market/commercial situation.
Furthermore, we have certified agents specializing exclusively
in the Ensenada, San Felipe, Tijuana, Tecate and Rosarito real estate
markets, each with exclusive listings and first hand experience on the area.
Learn more about Prubaja or the Baja Real Estate market .
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Wednesday, 15 October 2008 |
Baja Real Estate & Economy News
 (CNN) -- EU leaders are holding a summit in Brussels to hammer out the details of their $2.7 trillion banking bailout.
Leaders from the 27-nation European Union are meeting Wednesday and Thursday in the hope further agreement on their approaches will give markets more confidence.
Proposals include a guarantee on bank deposits worth up to $136,760.
Sharemarkets fell Wednesday after two days of large gains prompted by Britain, Germany, France, and the U.S.'s banking bailouts worth more than $3 trillion.
They, along with the Netherlands, Spain and Austria, have agreed to buy shares in banks and pump huge sums of money into lending markets in an effort to restore confidence and make credit readily available again.
The EU meeting was originally meant to discuss climate change but the economic crisis was expected to dominate.
Before the meeting, British Prime Minister Gordon Brown said the world had to work together to solve the economic crisis and called for global talks this year to reform the world's financial system.
He said a global summit could be held in the next few months despite lack of agreement among international leaders.
Brown appealed to the other countries to join Europe's bailout plan, which he said was key to unfreezing bank lending and softening any economic downturn stemming from the difficulties banks were having.
"I hope we will find agreement ... to stabilize the financial system and then to move the economy of Europe forward," Brown told The Associated Press.
"We now see around the world major economies taking similar action, liquidity being brought into the system, we have the recapitalization of the banks, so that they are stronger for the future, we have the resumption of the funding the banks can do to small businesses and mortgage holders."
European Commission head Jose Manuel Barroso has called for supervision of hedge funds and private equity, and action against "short-termism" and "perverse incentives."
Barroso said some governments still opposed a more coordinated European approach.
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Tuesday, 14 October 2008 |
Baja Real Estate & Economy News
 (CNN) -- U.S. President George W. Bush has announced a $250 billion plan to stabilize the nation's financial system, following in Europe's footsteps.
Using authority granted in the $700 billion bailout bill, Bush said the U.S. Treasury would buy into banks in return for shares.
The world's sharemarkets soared again Tuesday after European governments Monday announced bank bailouts worth more than $1 trillion and in anticipation of a similar move in the United States.
Bush said the measures taken in Europe were right, and had brought stability to the system.
"This new capital will help struggling banks to fill the hole filled by crisis during the time we are in," he said. "This is a short-term measure to insure the viability of America's banking system."
Bush also announced that the Federal Deposit Insurance Corporation (FDIC) would "temporarily guarantee most new debt" issued by banks.
"This will address one of the central problems plaguing our financial system -- banks have been unable to borrow money and that has constricted their ability to lend to consumer and businesses," Bush said.
"When money flows freely between banks, it will make it easy for Americans to borrow money for homes and cars."
The government, through the FDIC, would also immediately and temporarily insure non-interest-bearing transaction accounts which were used mainly by small businesses "to cover day-to-day operations."
"By insuring every dollar in these accounts, we will give small business owners piece of mind and bring greater stability to the banking system," Bush said.
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Monday, 13 October 2008 |
Baja Real Estate & Economy News
 (CNN) -- Japan's financial markets soared on its open Tuesday, extending the global market rally recorded Monday that witnessed the Dow Jones' historic jump.
Japan's Nikkei 225 opened Tuesday more than 11 percent higher, after being closed for a three-day weekend, The Associated Press reported. New Zealand's stock exchange was up 7 percent Tuesday, Dow Jones reported on its Web site.
Tuesday's early trading followed on the global rally a day earlier after European banks on Monday followed Britain's lead and announced huge bailouts for their banking sectors. U.S., European and Asian markets closed higher Monday with the New York Dow Jones scoring a record point gain for a single day of 936.
Other New York markets, the Nasdaq and the S&P also gained more than 10 percent on the day. In Europe, the French CAC 40 and the German DAX also had gains of more than 10 percent.
London's FTSE 100 finished 8.26 percent higher, while Asian markets saw similar large gains of between 7-10 percent.
"Seeing that there's going to be more of a global commitment to resolving the financial crisis has given confidence to investors and gotten them to put some money to work," Christopher Colarik, portfolio manager at Glenmede Investment Management, told CNNMoney.
The world's major economic powers were forced into action after weeks of turmoil on financial markets saw trillions wiped off the value of stocks.
Most troubling was the collapse in confidence and supply of liquidity in major banks, burdened by unknown amounts of bad debs related to sub-prime mortgages.
The markets responded after European leaders, led by UK Prime Minister Gordon Brown outlined plans which will see more than a trillion dollars pumped into the banking sector.
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Monday, 13 October 2008 |
Baja Real Estate & Economy News
 (CNN) -- Markets across the world made impressive gains Monday after European banks followed Britain's lead and announced huge bailouts for their banking sectors.
European, Asian and U.S. markets closed higher with the New York Dow Jones scoring a record point gain for a single day of 936.
Other New York markets, the Nasdaq and the S&P also gained more than 10 percent on the day. In Europe, the French CAC 40 and the German DAX also had gains of more than 10 percent.
London's FTSE 100 finished 8.26 percent higher, while Asian markets saw similar large gains of between 7-10 percent.
"Seeing that there's going to be more of a global commitment to resolving the financial crisis has given confidence to investors and gotten them to put some money to work," Christopher Colarik, portfolio manager at Glenmede Investment Management, told CNNMoney.
The world's major economic powers were forced into action after weeks of turmoil on financial markets saw trillions wiped off the value of stocks.
Most troubling was the collapse in confidence and supply of liquidity in major banks, burdened by unknown amounts of bad debs related to sub-prime mortgages.
The markets responded after European leaders, led by UK Prime Minister Gordon Brown outlined plans which will see more than a trillion dollars pumped into the banking sector.
Be first to comment this article | Views: 9 |
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Monday, 13 October 2008 |
Baja Real Estate & Economy News
 CNN) -- The leaders of Europe's biggest economies followed Britain's lead Monday and announced huge bailouts for the banking sectors.
In televised addresses German Chancellor Angela Merkel and French President Nicolas Sarkozy outlined plans which will see more than a trillion dollars pumped into the banking sector.
Sharemarkets in the United States, Europe and Asia recorded big bounces Monday as world leaders competed to pump more money into the ailing bank sector. The Dow Jones opened more than 400 points up after gains of up to 10 percent in Europe and Asia.
Markets were further buoyed when five central banks, including the Federal Reserve, European Central Bank, Bank of England and Swiss National Bank, said they would provide unlimited U.S. dollar funds to financial institutions.
Merkel outlined a plan which could see the German government provide $536.7 billion in guarantees for banks and as much as $107.3 billion for recapitalization.
Sarkozy said his government was ready to spend up to $490 billion on its bank rescue plan.
Sarkozy said the money included $436 billion to guarantee bank refinancing and another $54 billion for a government-backed financing vehicle to provide banks with the capital they need. The figure was a maximum, which may not be reached if the market started functioning normally.
The world's major economic powers have been forced into action after weeks of turmoil on financial markets saw trillions wiped off the value of stocks. Most troubling has been the collapse in confidence and supply of liquidity in major banks burdened by unknown amounts of bad debs related to sub-prime mortgages.
Be first to comment this article | Views: 12 |
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Gustavo Chavez
Northern Baja California Realty
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